CoreWeave (NASDAQ:CRWV) Stock Price Up 10.8% – Here’s Why
by Mitch Edgeman · The Markets DailyCoreWeave Inc. (NASDAQ:CRWV – Get Free Report) shares traded up 10.8% during mid-day trading on Friday . The stock traded as high as $81.17 and last traded at $79.32. 27,730,125 shares were traded during mid-day trading, an increase of 1% from the average session volume of 27,522,358 shares. The stock had previously closed at $71.61.
Trending Headlines about CoreWeave
Here are the key news stories impacting CoreWeave this week:
- Positive Sentiment: High-profile bullish commentary highlights sustained AI data‑center demand and long-term upside potential: Jim Cramer publicly called CRWV being down “silly,” which can support retail interest and buying. Article Title
- Positive Sentiment: Analyst/retail pieces emphasize CoreWeave’s strong revenue growth and AI-specific positioning — narratives that support higher multiple expectations if growth continues. Article Title Article Title
- Neutral Sentiment: Valuation/assumption scrutiny: a Seeking Alpha note flags an unusually long 12‑year server useful‑life assumption used in some models — this raises modeling risk but isn’t an operational update. Article Title
- Neutral Sentiment: Increased retail attention: CoreWeave dominated U.S. Google “stock” searches in 2025 — higher attention can amplify moves in either direction. Article Title
- Negative Sentiment: Multiple securities‑law investigations have been announced (Kessler Topaz, Kaplan Fox and Pomerantz), which increases legal, disclosure and settlement risk and weighs on investor sentiment. Article Title Article Title Article Title
- Negative Sentiment: Significant insider selling: SEC filings show large sales by insider Brannin McBee across late December (aggregate disclosed transactions totaling millions), which market participants often view as a negative signal; press coverage ties the sales to short‑term pressure on the stock. SEC Filing Article Title
- Negative Sentiment: Near‑term share weakness and market cap decline: commentary and reporting (Forbes) note a multi‑day losing streak and sizable market‑cap erosion in the last week, reinforcing negative momentum. Article Title
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. Barclays lowered their price target on shares of CoreWeave from $140.00 to $120.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 12th. Cantor Fitzgerald restated an “overweight” rating and set a $174.00 target price on shares of CoreWeave in a research note on Wednesday, November 5th. JMP Securities upgraded CoreWeave from a “market perform” rating to a “market outperform” rating and set a $180.00 price target on the stock in a research note on Tuesday, September 16th. Roth Capital assumed coverage on shares of CoreWeave in a report on Thursday, December 4th. They set a “buy” rating and a $110.00 price objective on the stock. Finally, HC Wainwright reiterated a “buy” rating and issued a $180.00 target price on shares of CoreWeave in a research note on Wednesday, November 12th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $127.70.
Get Our Latest Stock Report on CRWV
CoreWeave Trading Up 10.8%
The stock has a market cap of $30.65 billion and a PE ratio of -54.70. The company’s fifty day moving average is $88.58 and its 200-day moving average is $113.85. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.49 and a quick ratio of 0.49.
CoreWeave (NASDAQ:CRWV – Get Free Report) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.22) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.14. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.28 billion. The business’s quarterly revenue was up 133.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($1.82) EPS.
Insiders Place Their Bets
In other CoreWeave news, major shareholder Magnetar Financial Llc sold 1,004,073 shares of the business’s stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $143.51, for a total value of $144,094,516.23. Following the completion of the transaction, the insider directly owned 2,246,787 shares of the company’s stock, valued at approximately $322,436,402.37. The trade was a 30.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 14,553,614 shares of company stock worth $1,889,721,764 in the last three months.
Hedge Funds Weigh In On CoreWeave
Several institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. purchased a new stake in CoreWeave during the first quarter worth $963,000. Howard Financial Services LTD. acquired a new position in shares of CoreWeave in the second quarter worth about $489,000. McAlister Sweet & Associates Inc. acquired a new position in shares of CoreWeave in the second quarter worth about $277,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of CoreWeave during the 2nd quarter worth about $117,000. Finally, Wesbanco Bank Inc. acquired a new stake in shares of CoreWeave during the 2nd quarter valued at about $212,000.
CoreWeave Company Profile
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.