CoreWeave (NASDAQ:CRWV) Stock Price Down 7.8% – Here’s What Happened

CoreWeave Inc. (NASDAQ:CRWV) was down 7.8% on Thursday. The company traded as low as $80.63 and last traded at $81.58. Approximately 41,903,214 shares changed hands during mid-day trading, an increase of 47% from the average daily volume of 28,433,604 shares. The stock had previously closed at $88.45.

More CoreWeave News

Here are the key news stories impacting CoreWeave this week:

• Positive Sentiment: CoreWeave plans to deploy 240 megawatts of AI data-center capacity in Navi Mumbai, India, through a partnership with AdaniConneX. The expansion gives the company exposure to growing regional AI demand and is expected to use advanced NVIDIA infrastructure. CoreWeave Makes a 240 MW Bet on India’s AI Infrastructure
• Positive Sentiment: CoreWeave has reportedly raised GPU prices by 25% in July and another 10% more recently. UBS views the pricing power as evidence that demand remains strong, potentially supporting revenue growth and margins. CoreWeave Can Raise Prices Twice in Three Months
• Positive Sentiment: Institutional ownership has expanded to 1,125 holders with aggregate stakes approaching $40 billion, while ARK Investment Management has reportedly bought shares. These developments may provide support after the recent decline. CoreWeave Institutional Holders Climb
• Neutral Sentiment: Northland Securities made a mixed series of estimate revisions: it lowered Q3 2026 EPS expectations to $(1.70) and FY2027 estimates to $(3.32), but raised forecasts for Q4 2026, Q1 2027 and Q3 2027. The revisions still imply substantial losses, although the longer-term trajectory is somewhat improved in selected quarters.
• Neutral Sentiment: A report argues that CoreWeave’s large debt load is supported by clear customer demand and contracted AI capacity. However, the company carries approximately $35.6 billion of debt and negative free cash flow, leaving investors highly sensitive to financing and execution risks. CoreWeave’s Debt Is Substantiated by Clear Demand
• Negative Sentiment: AI infrastructure stocks sold off after reports indicated OpenAI’s annualized revenue was approximately $50 billion, below the $68 billion figure previously reported. The news raised concerns about AI growth expectations and pressured CoreWeave alongside NVIDIA and Oracle. Nvidia, Oracle, CoreWeave and Other AI Stocks Sink
• Negative Sentiment: Options activity has become moderately bearish, and a $2.6 billion AI loan reportedly contains provisions that could require accelerated repayment if customer uptime or contract conditions deteriorate. These risks amplify concerns about leverage and operating reliability. CoreWeave’s $2.6 Billion AI Loan Has a Hidden Risk
• Negative Sentiment: The CFO sold only three shares under a pre-arranged Rule 10b5-1 plan, an immaterial transaction that does not materially change insider ownership but may attract attention. Reported short interest was zero shares, offering no meaningful evidence of short-selling pressure.

Wall Street Analysts Forecast Growth

CRWV has been the subject of a number of analyst reports. Sanford C. Bernstein boosted their price target on CoreWeave from $67.00 to $74.00 and gave the company an “underperform” rating in a research note on Wednesday, August 12th. JPMorgan Chase & Co. raised CoreWeave from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $120.00 to $125.00 in a report on Thursday, September 24th. Truist Financial upped their price target on shares of CoreWeave from $155.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, August 24th. The Goldman Sachs Group increased their price objective on shares of CoreWeave from $121.00 to $139.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Finally, Btg Pactual set a $125.00 price objective on shares of CoreWeave in a research report on Monday, September 21st. Twenty-three investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $140.64.

CoreWeave Trading Up 0.6%

The firm has a market capitalization of $37.66 billion, a P/E ratio of -22.49 and a beta of 7.36. The firm has a 50 day simple moving average of $88.78 and a two-hundred day simple moving average of $94.79. 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) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, beating the consensus estimate of ($1.52) by $0.38. The firm had revenue of $2.58 billion during the quarter. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The company’s quarterly revenue was up 112.5% on a year-over-year basis. During the same quarter last year, the business posted ($0.27) EPS. Equities research analysts forecast that CoreWeave Inc. will post -5.19 earnings per share for the current year.

Insider Activity

In other CoreWeave news, CEO Michael N. Intrator sold 200,000 shares of CoreWeave stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $66.62, for a total value of $13,324,000.00. Following the sale, the chief executive officer owned 2,276,815 shares of the company’s stock, valued at approximately $151,681,415.30. The trade was a 8.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Magnetar Financial Llc sold 307,131 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the sale, the insider owned 220,810 shares of the company’s stock, valued at approximately $24,013,087.50. The trade was a 58.18% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 5,850,311 shares of company stock valued at $509,880,890. 24.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On CoreWeave

Several institutional investors have recently made changes to their positions in the stock. GK Wealth Management LLC purchased a new position in shares of CoreWeave in the third quarter valued at $86,000. Wedmont Private Capital purchased a new position in shares of CoreWeave during the third quarter worth about $335,000. GAMMA Investing LLC grew its holdings in shares of CoreWeave by 26.9% during the third quarter. GAMMA Investing LLC now owns 1,326 shares of the company’s stock worth $116,000 after purchasing an additional 281 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of CoreWeave by 25.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 20,353 shares of the company’s stock worth $1,773,000 after buying an additional 4,149 shares during the last quarter. Finally, CoreCap Advisors LLC raised its position in CoreWeave by 50.3% during the third quarter. CoreCap Advisors LLC now owns 5,427 shares of the company’s stock valued at $473,000 after purchasing an additional 1,817 shares in the last quarter.

CoreWeave Company Profile

CoreWeave, Inc is a specialized cloud computing provider focused on infrastructure for artificial intelligence, machine learning and other data-intensive workloads. The company offers access to accelerated computing resources, including graphics processing units (GPUs), alongside central processing units, high-performance storage, networking and data center capacity.

Its platform supports AI model training, fine-tuning and inference, as well as visual effects, rendering, scientific computing and other demanding applications.