Key Points
- CoreWeave insider Kristen Mcveety sold 2,100 shares at an average price of $88.03, totaling $184,863. The sale was conducted under a pre-arranged Rule 10b5-1 plan, leaving her with 123,313 shares.
- CoreWeave reported 112.5% year-over-year revenue growth to $2.58 billion and a quarterly loss of $1.14 per share, though the loss was narrower than analysts expected. The company remains unprofitable and highly leveraged, with a 5.53 debt-to-equity ratio.
- Analysts maintain a “Moderate Buy” consensus with an average price target of $141.90, supported by expectations for strong AI demand and expanded enterprise partnerships. Key risks include GPU cost increases, potential neocloud pricing competition, heavy debt and continued insider selling.
CoreWeave Inc. (NASDAQ:CRWV - Get Free Report) insider Kristen Mcveety sold 2,100 shares of the company's stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $88.03, for a total value of $184,863.00. Following the transaction, the insider directly owned 123,313 shares of the company's stock, valued at $10,855,243.39. This represents a 1.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
CoreWeave Stock Down 3.0%
Shares of CoreWeave stock opened at $84.23 on Friday. The business's 50 day simple moving average is $87.16 and its 200 day simple moving average is $94.80. CoreWeave Inc. has a 52-week low of $60.55 and a 52-week high of $153.20. The firm has a market cap of $38.65 billion, a PE ratio of -23.08 and a beta of 7.44. 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 released its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating the consensus estimate of ($1.52) by $0.38. CoreWeave had a negative return on equity of 47.95% and a negative net margin of 25.41%.The firm had revenue of $2.58 billion for the quarter. During the same quarter in the previous year, the firm posted ($0.27) EPS. The company's revenue was up 112.5% on a year-over-year basis. On average, analysts predict that CoreWeave Inc. will post -5.19 earnings per share for the current fiscal year.
Institutional Investors Weigh In On CoreWeave
Large investors have recently made changes to their positions in the stock. Pin Oak Investment Advisors Inc. bought a new position in shares of CoreWeave in the third quarter valued at $34,000. Essential Partners LLC bought a new stake in CoreWeave during the second quarter worth $30,000. Burnham & Co LLC bought a new stake in CoreWeave during the second quarter worth $32,000. Cornerstone Planning Group LLC lifted its stake in CoreWeave by 272.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 343 shares of the company's stock valued at $25,000 after acquiring an additional 251 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its stake in CoreWeave by 45.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 385 shares of the company's stock valued at $28,000 after acquiring an additional 121 shares during the last quarter.
Analyst Upgrades and Downgrades
Several research analysts recently commented on the stock. Citigroup increased their target price on shares of CoreWeave from $142.00 to $159.00 and gave the stock a "buy" rating in a report on Friday, August 14th. Barclays lifted their price target on shares of CoreWeave from $90.00 to $105.00 and gave the company an "equal weight" rating in a research note on Thursday, August 13th. Truist Financial boosted their price target on shares of CoreWeave from $155.00 to $165.00 and gave the stock a "buy" rating in a research report on Monday. BTIG Research assumed coverage on shares of CoreWeave in a research note on Wednesday, July 22nd. They set a "buy" rating for the company. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $150.00 price objective on shares of CoreWeave in a report on Friday, August 7th. Twenty-one analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $141.90.
View Our Latest Analysis on CRWV
Key Headlines Impacting CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: CoreWeave is being integrated into Rescale’s AI cloud platform, extending its reach into engineering, simulation, research and development, and other enterprise workloads. The partnership could broaden customer adoption and improve utilization of CoreWeave’s GPU infrastructure. CoreWeave Enters Next Generation Engineering AI Workloads
- Positive Sentiment: Truist said NVIDIA’s reported 17% GPU price increase may not materially damage CoreWeave’s margins. Strong AI demand, customer pricing power, and contract structures could allow CoreWeave to pass through higher equipment costs, supporting the firm’s bullish outlook. NVIDIA’s GPU Price Hikes Look Bad for CoreWeave
- Neutral Sentiment: CoreWeave’s latest results showed revenue growth of 112.5% year over year to $2.58 billion, while adjusted losses were narrower than analysts expected. However, the company remains unprofitable, with analysts forecasting a full-year loss, and carries a debt-to-equity ratio of 5.53. Analyst opinions are mixed, although the consensus rating remains “Moderate Buy.”
- Negative Sentiment: CEO Michael Intrator sold 307,692 shares worth approximately $27.3 million, while CFO Nitin Agrawal sold about $488,000. The transactions were made under pre-arranged Rule 10b5-1 plans, which limits their value as a signal of current management sentiment, but the combined sales add near-term supply and investor concern. CoreWeave Insider Selling
- Negative Sentiment: Investors continue to debate whether rising GPU costs, potential future price competition among “neocloud” providers, and CoreWeave’s substantial debt will limit profitability. Those risks are particularly important because the company is investing heavily to expand capacity despite negative earnings and weak liquidity ratios.
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.
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