CoreWeave (NASDAQ:CRWV) Stock Rating Upgraded by The Goldman Sachs Group

21 Oct 2026, 05:18 by Tristan Rich · The Markets Daily

CoreWeave (NASDAQ:CRWV – Get Free Report) was upgraded by research analysts at The Goldman Sachs Group from a “neutral” rating to a “buy” rating in a report issued on Monday, Marketbeat Ratings reports. The firm presently has a $106.00 price target on the stock. The Goldman Sachs Group’s price target suggests a potential upside of 70.61% from the company’s previous close.

Other equities research analysts also recently issued research reports about the company. UBS Group initiated coverage on CoreWeave in a report on Tuesday, September 22nd. They set a “buy” rating and a $120.00 price objective on the stock. Raymond James Financial lowered CoreWeave from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Piper Sandler reaffirmed an “overweight” rating and issued a $153.00 target price (up from $151.00) on shares of CoreWeave in a report on Wednesday, August 12th. Robert W. Baird increased their target price on CoreWeave from $100.00 to $130.00 and gave the company an “outperform” rating in a research report on Wednesday, August 12th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of CoreWeave in a research report on Monday, September 21st. Twenty-five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, CoreWeave presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.40.

View Our Latest Stock Report on CoreWeave

CoreWeave Price Performance

CRWV stock opened at $62.13 on Monday. The company has a 50 day simple moving average of $85.90 and a 200 day simple moving average of $94.37. The stock has a market cap of $28.51 billion, a price-to-earnings ratio of -17.02 and a beta of 7.36. CoreWeave has a 1 year low of $57.24 and a 1 year high of $141.79. The company has a debt-to-equity ratio of 5.53, a current ratio of 0.46 and a quick ratio of 0.46.

CoreWeave (NASDAQ:CRWV – Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported ($1.14) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.52) by $0.38. The firm had revenue of $2.58 billion for the quarter. CoreWeave had a negative net margin of 25.41% and a negative return on equity of 47.95%. The business’s quarterly revenue was up 112.5% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.27) EPS. Research analysts anticipate that CoreWeave will post -4.95 EPS for the current fiscal year.

Insider Activity at CoreWeave

In other CoreWeave news, CEO Michael N. Intrator sold 200,000 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 2,276,815 shares in the company, valued at approximately $151,681,415.30. This represents a 8.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 on Friday, August 14th. The shares were sold at an average price of $108.75, for a total transaction of $33,400,496.25. Following the transaction, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 5,352,578 shares of company stock valued at $471,777,344. Corporate insiders own 24.20% of the company’s stock.

Institutional Trading of CoreWeave

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Essential Partners LLC bought a new stake in shares of CoreWeave during the second quarter valued at approximately $30,000. MassMutual Private Wealth & Trust FSB raised its position in shares of CoreWeave by 241.1% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 307 shares of the company’s stock worth $27,000 after purchasing an additional 217 shares during the period. Burnham & Co LLC bought a new position in shares of CoreWeave in the 2nd quarter worth $32,000. Cassaday & Co Wealth Management LLC bought a new position in shares of CoreWeave in the 1st quarter worth $31,000. Finally, Allied Private Wealth LLC bought a new position in shares of CoreWeave in the 2nd quarter worth $40,000.

Key Stories Impacting CoreWeave

Here are the key news stories impacting CoreWeave this week:

Positive Sentiment: Goldman Sachs upgraded CoreWeave to Buy and cited strong contract economics, scarce permitted data-center capacity and significant recovery potential. The firm set a $106 price target, while other bullish analysts argue that the recent decline has already priced in much of the financing risk. Wired for Upside: Why Goldman Sachs Upgraded CoreWeave’s Battered Stock
Positive Sentiment: Revenue growth and AI demand remain strong. CoreWeave’s latest quarterly revenue rose 112.5% year over year to $2.58 billion, and the company continues to benefit from GPU demand, a large contract backlog and its relationship with Nvidia. Bullish commentary suggests annual recurring revenue could rise sharply as new infrastructure comes online.
Positive Sentiment: Institutional investors are buying the weakness. Cathie Wood’s ARK funds purchased 132,498 CoreWeave shares, while Janus Henderson continues to hold the company’s 9.75% bonds despite yields approaching 16%, viewing the distressed pricing as an opportunity. This Janus Henderson fund manager owns CoreWeave debt
Neutral Sentiment: J.P. Morgan said the selloff in CoreWeave’s debt poses limited direct risk to global banks, reducing concerns about a broader financial-system problem. However, this does not resolve the company’s own refinancing and liquidity challenges. CoreWeave debt selloff poses limited risk to global banks
Negative Sentiment: Debt and interest costs remain the dominant bearish catalyst. CoreWeave carries roughly $35 billion of debt, has a debt-to-equity ratio of 5.53 and a current ratio of 0.46. Bond yields near 16% and elevated credit-default-swap costs suggest investors are demanding substantially more compensation for credit risk.
Negative Sentiment: HSBC maintained a bearish view and warned that earnings estimates may be overly optimistic, with borrowing costs potentially absorbing more of the company’s operating gains. Upcoming results will be important for demonstrating that cash flow and revenue growth can outpace financing expenses. Why CoreWeave earnings estimates are wildly too optimistic, warns HSBC
Negative Sentiment: Broader concerns about AI spending, higher interest rates and the risk that many neocloud projects will fail are pressuring highly leveraged providers. Negative margins, substantial capital expenditures and continued insider selling add to the stock’s risk profile.

CoreWeave Company Profile

(Get Free Report)

CoreWeave, Inc is a specialized cloud computing company that provides infrastructure designed for artificial intelligence (AI), machine learning, and other high-performance computing workloads. Its platform gives customers access to accelerated computing resources, including graphics processing units (GPUs), along with the networking, storage, and software tools needed to develop, train, and deploy demanding applications.