CoreWeave (NASDAQ:CRWV) Shares Gap Up – Here’s Why

17 Jan 2026, 15:49 by Danessa Lincoln · The Markets Daily

CoreWeave Inc. (NASDAQ:CRWV – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $89.80, but opened at $94.73. CoreWeave shares last traded at $98.51, with a volume of 7,266,939 shares trading hands.

Key Headlines Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

Positive Sentiment: Sector tailwinds and analyst momentum — strong AI demand (sparked by TSMC’s blowout quarter) is lifting GPU‑infrastructure names including CoreWeave, helping buyers chase reopening momentum. Benzinga: TSMC blowout
Positive Sentiment: Re‑rating stories on beaten‑down AI names — early‑2026 writeups highlight CoreWeave as a high‑growth AI/cloud play that has already delivered outsized moves, attracting momentum buyers and longer‑term bulls. Zacks: 3 beaten-down AI stocks
Positive Sentiment: Management defense & investor PR — CEO Michael Intrator’s public pushback on criticisms has helped calm some sellers and restore short‑term confidence among retail and quant buyers. Yahoo Finance: CEO pushes back
Neutral Sentiment: Industry positioning review — MarketBeat ranks CoreWeave among the top GPU‑as‑a‑service names but notes it’s relatively more dependent on third‑party data centers during its build‑out, a mixed operational signal until capacity is owned/secured. MarketBeat: 5 best GPU-as-a-Service
Neutral Sentiment: Partnerships/supporting demand — coverage noting Galaxy Digital and other hyperscaler links underscores structural demand for CoreWeave’s capacity, but revenue timing depends on data‑center delivery. MarketBeat: Galaxy Digital piece
Negative Sentiment: Major securities class actions — multiple firms (Hagens Berman and others) have filed or announced investigations alleging misleading statements about Denton (TX) data‑center timing/capacity; litigation risk is the primary driver of the recent selloff and higher volatility. BusinessWire: Hagens Berman
Negative Sentiment: Widespread law‑firm notices increase legal/distraction risk — multiple plaintiff firms are soliciting lead‑plaintiff roles, raising the chance of costly settlements or prolonged litigation. BusinessWire: Glancy notice
Negative Sentiment: Insider selling and balance‑sheet concerns — heavy insider dispositions and analyst notes flagging higher 2026 capex, debt and leverage add pressure on sentiment and heighten execution risk if demand or timing slips. InsiderTrades: insider sales Zacks: capex risk

Wall Street Analyst Weigh In

A number of research analysts have weighed in on CRWV shares. The Goldman Sachs Group began coverage on CoreWeave in a research note on Monday, January 12th. They issued a “neutral” rating and a $86.00 price target for the company. Wells Fargo & Company decreased their price target on shares of CoreWeave from $150.00 to $125.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Cantor Fitzgerald reiterated an “overweight” rating and set a $174.00 target price on shares of CoreWeave in a research report on Wednesday, November 5th. DA Davidson set a $68.00 price objective on shares of CoreWeave and gave the company a “neutral” rating in a research report on Monday, January 5th. Finally, Bank of America decreased their price target on shares of CoreWeave from $168.00 to $140.00 and set a “neutral” rating on the stock in a report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $123.81.

View Our Latest Stock Report on CoreWeave

CoreWeave Stock Up 6.8%

The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 2.66. The firm has a market capitalization of $39.19 billion and a P/E ratio of -69.95. The stock’s 50-day simple moving average is $79.72 and its 200-day simple moving average is $107.54.

CoreWeave (NASDAQ:CRWV – Get Free Report) last issued its earnings results on Monday, November 10th. The company reported ($0.22) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.14. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the previous year, the firm earned ($1.82) earnings per share. The business’s quarterly revenue was up 133.7% compared to the same quarter last year.

Insider Buying and Selling

In other CoreWeave news, insider Brian M. Venturo sold 154,479 shares of CoreWeave stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $78.11, for a total value of $12,066,354.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Brannin Mcbee sold 26,000 shares of the company’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $88.77, for a total value of $2,308,020.00. The SEC filing for this sale provides additional information. Insiders have sold 7,884,486 shares of company stock worth $886,347,824 in the last 90 days.

Hedge Funds Weigh In On CoreWeave

A number of hedge funds have recently bought and sold shares of CRWV. Nvidia Corp increased its position in CoreWeave by 0.4% during the second quarter. Nvidia Corp now owns 24,277,573 shares of the company’s stock valued at $3,958,701,000 after acquiring an additional 95,113 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in shares of CoreWeave by 446,194.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 17,851,760 shares of the company’s stock worth $2,443,013,000 after purchasing an additional 17,847,760 shares during the period. Vanguard Group Inc. boosted its holdings in shares of CoreWeave by 109.7% in the third quarter. Vanguard Group Inc. now owns 7,433,501 shares of the company’s stock worth $1,017,275,000 after buying an additional 3,888,164 shares during the last quarter. Invesco Ltd. increased its holdings in CoreWeave by 55,329.7% during the third quarter. Invesco Ltd. now owns 2,999,300 shares of the company’s stock valued at $410,454,000 after buying an additional 2,993,889 shares during the last quarter. Finally, Clear Street Group Inc. purchased a new position in shares of CoreWeave during the 3rd quarter worth $405,199,000.

CoreWeave Company Profile

(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.