Key Points
- CoreWeave CFO Nitin Agrawal sold 5,509 shares for approximately $488,318 under a pre-arranged Rule 10b5-1 trading plan, reducing his position by 3.99% to 132,596 shares.
- CoreWeave reported quarterly revenue of $2.58 billion, up 112.5% year over year, and an adjusted loss of $1.14 per share, beating analysts’ expected loss of $1.52.
- Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $141.90, though concerns persist around the company’s heavy debt, negative profitability, GPU costs and execution risks.
CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) CFO Nitin Agrawal sold 5,509 shares of the business's stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $88.64, for a total transaction of $488,317.76. Following the transaction, the chief financial officer directly owned 132,596 shares in the company, valued at $11,753,309.44. This trade represents a 3.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Nitin Agrawal also recently made the following trade(s):
- On Thursday, August 20th, Nitin Agrawal sold 10,062 shares of CoreWeave stock. The shares were sold at an average price of $91.88, for a total transaction of $924,496.56.
- On Wednesday, July 8th, Nitin Agrawal sold 3 shares of CoreWeave stock. The stock was sold at an average price of $82.98, for a total transaction of $248.94.
- On Tuesday, June 30th, Nitin Agrawal sold 4 shares of CoreWeave stock. The stock was sold at an average price of $95.69, for a total transaction of $382.76.
- On Tuesday, June 16th, Nitin Agrawal sold 58,429 shares of CoreWeave stock. The stock was sold at an average price of $116.70, for a total transaction of $6,818,664.30.
- On Thursday, June 11th, Nitin Agrawal sold 63,891 shares of CoreWeave stock. The shares were sold at an average price of $93.35, for a total transaction of $5,964,224.85.
CoreWeave Stock Down 1.4%
NASDAQ CRWV opened at $86.80 on Friday. CoreWeave Inc. has a twelve month low of $60.55 and a twelve month high of $153.20. The stock has a market cap of $39.83 billion, a PE ratio of -23.78 and a beta of 7.44. The firm has a 50-day simple moving average of $87.84 and a 200 day simple moving average of $94.87. The company has a debt-to-equity ratio of 5.53, a quick ratio of 0.46 and a current ratio of 0.46.
CoreWeave (NASDAQ:CRWV - Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.52) by $0.38. The firm had revenue of $2.58 billion for the quarter. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The company's revenue was up 112.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.27) earnings per share. On average, research analysts forecast that CoreWeave Inc. will post -5.19 EPS for the current year.
Wall Street Analyst Weigh In
CRWV has been the subject of a number of recent research reports. Citigroup upped their target price on CoreWeave from $142.00 to $159.00 and gave the company a "buy" rating in a research note on Friday, August 14th. Jefferies Financial Group downgraded shares of CoreWeave from a "buy" rating to a "hold" rating in a research note on Wednesday, July 22nd. Raymond James Financial lowered shares of CoreWeave from a "moderate buy" rating to a "hold" rating in a report on Wednesday, July 22nd. Weiss Ratings raised shares of CoreWeave from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday, June 24th. Finally, Robert W. Baird lifted their target price on shares of CoreWeave from $100.00 to $130.00 and gave the company an "outperform" rating in a research report on Wednesday, August 12th. Twenty-one analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, CoreWeave presently has an average rating of "Moderate Buy" and an average target price of $141.90.
Get Our Latest Report on CRWV
Hedge Funds Weigh In On CoreWeave
Several institutional investors have recently bought and sold shares of CRWV. Corient Private Wealth LP increased its stake in shares of CoreWeave by 24.8% in the second quarter. Corient Private Wealth LP now owns 13,252 shares of the company's stock valued at $1,319,000 after buying an additional 2,636 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in CoreWeave in the 2nd quarter valued at $8,669,000. California State Teachers Retirement System increased its stake in shares of CoreWeave by 12,886.8% in the 2nd quarter. California State Teachers Retirement System now owns 41,559,344 shares of the company's stock valued at $4,136,817,000 after buying an additional 41,239,333 shares during the period. Ameritas Advisory Services LLC increased its stake in shares of CoreWeave by 860.6% in the 2nd quarter. Ameritas Advisory Services LLC now owns 33,082 shares of the company's stock valued at $3,293,000 after buying an additional 29,638 shares during the period. Finally, Operose Advisors LLC acquired a new position in shares of CoreWeave during the second quarter valued at $116,000.
CoreWeave News Roundup
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave announced or expanded relationships with Hudson River Trading and Rescale, reinforcing demand for its AI cloud-computing services and potentially improving infrastructure utilization. CoreWeave Stock Trending as Company Lands Deals With Hudson River Trading, Rescale
- Positive Sentiment: Truist argued that NVIDIA’s reported roughly 17% GPU price increase may not hurt CoreWeave’s margins as much as expected. Strong customer demand, pricing power, and contract structures could allow CoreWeave to pass higher equipment costs through to customers; Truist reportedly sees substantial upside potential. Nvidia’s GPU Price Hikes Look Bad for CoreWeave. Truist Says the Opposite May Be True
- Positive Sentiment: NVIDIA’s strong quarterly results and reported minimum-revenue guarantees for some neocloud providers offered further evidence of robust AI infrastructure demand and could help CoreWeave secure financing or customer commitments. CRWV, NBIS, IREN Stocks Jump Overnight on Nvidia’s Blowout Q2
- Neutral Sentiment: Analyst commentary remains mixed: AI demand is outstripping available capacity, but comparisons with other data-center operators highlight CoreWeave’s substantial capital requirements, debt burden, and execution risks. CoreWeave: AI Demand Outstrips Supply, Yet The Stock Isn’t A Buy
- Negative Sentiment: Director Brannin McBee sold approximately $21.4 million of CoreWeave shares at $85.51 under pre-arranged Rule 10b5-1 plans. Although scheduled sales do not necessarily signal deteriorating fundamentals, the transactions reduced his holdings and added to investor concerns about insider confidence. CoreWeave Insider Sale SEC Filing
- Negative Sentiment: Investors remain concerned that rising GPU costs could compress profitability and that competition may eventually trigger a neocloud price decline. CoreWeave’s high debt-to-equity ratio and negative earnings amplify those risks. Truist Sees Investment Doubling Potential in CoreWeave
About CoreWeave
(
Get Free Report)
CoreWeave is a U.S.-based provider of GPU-accelerated cloud infrastructure designed to support compute-intensive workloads such as artificial intelligence, machine learning, visual effects rendering and other high-performance computing applications. The company supplies access to large fleets of modern GPUs and complementary infrastructure that enable customers to train and deploy large models, run inference at scale, and process graphics-heavy workloads with low latency and high throughput.
CoreWeave’s product offering includes on-demand and dedicated GPU instances, bare-metal servers, private clusters and managed services tailored for enterprise and developer use.
Further Reading
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