Highlights

  • CoreWeave shares rose more than 10% in the latest trading session
  • Analyst ratings range from buy to sell, with a Moderate Buy consensus
  • Latest earnings showed revenue growth above analyst expectations

CoreWeave Inc. (NASDAQ:CRWV) recorded a notable share price increase on Tuesday, closing at USD 108.86 after gaining 10.73% on the day. The move came amid continued analyst commentary and followed previously reported quarterly earnings that exceeded revenue expectations.

According to Benzinga, Macquarie reiterated a “neutral” rating on CoreWeave and maintained a price target of USD 115.00. Based on the latest closing price, this target implies a potential upside of approximately 5.6%. Macquarie’s update adds to a broader set of analyst views that have been issued over recent months.

Other research firms have taken varied positions on the stock. Needham & Company reiterated a “hold” rating, while Loop Capital reduced its price objective from USD 165.00 to USD 120.00 but kept a “buy” rating in place. Evercore ISI lowered its target price from USD 175.00 to USD 160.00 and assigned an “outperform” rating. Wells Fargo & Company cut its price objective from USD 150.00 to USD 125.00 while maintaining an “overweight” rating. In contrast, Weiss Ratings reaffirmed a “sell (D-)” rating on the shares.

MarketBeat data shows that, in total, 18 analysts have rated CoreWeave as a buy, 12 have issued hold ratings, and two have assigned sell ratings. The stock currently carries a consensus rating described as “Moderate Buy,” with an average target price of USD 127.27. Relative to the latest close of USD 108.86, this consensus target suggests a potential upside of around 16.9%. At the upper end, Evercore ISI’s USD 160.00 target represents a potential upside of roughly 47.0%, while the lowest published target, implied by sell-side views, sits below the current trading level.

From an earnings perspective, CoreWeave last reported quarterly results on 10 November. The company posted a loss of USD 0.22 per share, which was narrower than the consensus estimate of a USD 0.36 loss. Quarterly revenue reached USD 1.36 billion, exceeding analyst expectations of USD 1.28 billion and marking a 133.7% increase compared with the same period last year. In the prior-year quarter, the company reported a loss of USD 1.82 per share.

CoreWeave operates as a U.S.-based provider of GPU-accelerated cloud infrastructure, serving workloads related to artificial intelligence, machine learning, and high-performance computing. Its offerings include on-demand and dedicated GPU instances, bare-metal servers, private clusters, and managed services designed for enterprise and developer use.