Argus Issues Pessimistic Forecast for CoreWeave (NASDAQ:CRWV) Stock Price

CoreWeave (NASDAQ:CRWV) had its target price lowered by analysts at Argus from $150.00 to $100.00 in a report issued on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Argus‘s target price points to a potential upside of 64.55% from the stock’s current price.

A number of other analysts have also commented on the company. Jefferies Financial Group reissued a “buy” rating on shares of CoreWeave in a report on Thursday, October 15th. Robert W. Baird upped their price objective on CoreWeave from $100.00 to $130.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CoreWeave in a report on Monday, September 21st. Rosenblatt Securities dropped their price objective on CoreWeave from $250.00 to $160.00 and set a “buy” rating for the company in a research note on Monday. Finally, DA Davidson reduced their price objective on shares of CoreWeave from $100.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday. Twenty-seven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $118.14.

CoreWeave Stock Up 24.7%

CRWV stock opened at $60.77 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 5.53. The business has a 50 day moving average of $73.71 and a 200 day moving average of $89.28. CoreWeave has a twelve month low of $40.58 and a twelve month high of $138.25. The firm has a market cap of $27.89 billion, a PE ratio of -12.93 and a beta of 7.71.

CoreWeave (NASDAQ:CRWV) last released its earnings results on Tuesday, August 11th. The company reported ($1.14) EPS for the quarter, topping analysts’ consensus estimates of ($1.52) by $0.38. CoreWeave had a negative return on equity of 59.42% and a negative net margin of 25.56%. The firm had revenue of $2.58 billion for the quarter. During the same period in the prior year, the company posted ($0.27) earnings per share. The company’s revenue was up 112.5% on a year-over-year basis. On average, research analysts forecast that CoreWeave will post -4.99 EPS for the current fiscal year.

Insider Transactions at CoreWeave

In other CoreWeave news, major shareholder Magnetar Financial Llc sold 307,131 shares of CoreWeave stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $108.75, for a total value of $33,400,496.25. Following the sale, the insider owned 220,810 shares of the company’s stock, valued at $24,013,087.50. The trade was a 58.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Kristen Mcveety sold 156,000 shares of CoreWeave stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $81.63, for a total value of $12,734,280.00. Following the completion of the sale, the insider directly owned 123,313 shares in the company, valued at approximately $10,066,040.19. The trade was a 55.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,727,018 shares of company stock valued at $337,495,407 in the last ninety days. Corporate insiders own 24.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CRWV. State Street Corp increased its position in CoreWeave by 9.6% in the third quarter. State Street Corp now owns 7,739,510 shares of the company’s stock worth $674,266,000 after purchasing an additional 680,664 shares during the last quarter. Resona Asset Management Co. Ltd. raised its stake in CoreWeave by 11.8% during the third quarter. Resona Asset Management Co. Ltd. now owns 79,677 shares of the company’s stock valued at $6,925,000 after purchasing an additional 8,421 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its position in CoreWeave by 54.2% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 3,710 shares of the company’s stock valued at $323,000 after purchasing an additional 1,304 shares during the last quarter. Mayflower Financial Advisors LLC lifted its position in CoreWeave by 48.4% during the third quarter. Mayflower Financial Advisors LLC now owns 3,898 shares of the company’s stock valued at $340,000 after purchasing an additional 1,272 shares during the last quarter. Finally, Advisors Asset Management Inc. bought a new position in CoreWeave during the third quarter valued at $1,905,000.

Top CoreWeave Stories

These are some of the CRWV stories that stood out recently:

• Positive Sentiment: Strong results and raised forecast: Third-quarter revenue rose 168% year over year to $3.66 billion, beating expectations, and the company raised its 2026 revenue outlook to $13.0 billion–$13.3 billion. Its $132.5 billion backlog and reports of robust demand for AI computing bolster the growth case. CNBC outlook report
• Neutral Sentiment: Execution still matters: The company’s expanding data-center footprint requires substantial capital, so investors will watch whether customer funding and financing arrangements can keep pace with capacity needs and convert its backlog into profitable growth. Wall Street Journal analysis
• Negative Sentiment: AI-sector and debt concerns persist: A selloff among companies tied to Nvidia is adding pressure, as investors reassess the AI trade. CoreWeave’s capital-intensive buildout and debt burden remain vulnerabilities if borrowing costs stay high or funding becomes harder to obtain. Barron’s market report

About CoreWeave

CoreWeave is a cloud computing company that provides infrastructure for artificial intelligence, machine learning, and other compute-intensive workloads. Its services include access to graphics processing units (GPUs), cloud storage and networking, and software tools for deploying and managing workloads. The company was founded in 2017 as a cryptocurrency mining business and later shifted its focus to cloud computing. CoreWeave is headquartered in Livingston, New Jersey, and operates data center infrastructure in the United States and Europe, serving customers that need large-scale computing resources.