CoreWeave Upgraded to 'Buy' by HC Wainwright & Co. with New $180 Price Target

CoreWeave (CRWV) has been upgraded to 'Buy' by HC Wainwright & Co. with a new price target of $180.00 USD. Analyst Kevin Dede raised the stock from 'Neutral' to 'Buy', marking a shift in his perspective. This upgrade comes after a series of rating changes by other analysts, including a 'Neutral' rating from MoffettNathanson, a 'Buy' rating from Argus Research, and a 'Neutral' rating from B of A Securities. CoreWeave offers cloud infrastructure technology through its CoreWeave Cloud Platform, which supports the development and use of AI models and applications.

CoreWeave (CRWV) has been upgraded to 'Buy' by HC Wainwright & Co., with a new price target of $180.00 USD. Analyst Kevin Dede raised the stock from 'Neutral' to 'Buy', marking a shift in his perspective. This upgrade comes after a series of rating changes by other analysts, including a 'Neutral' rating from MoffettNathanson, a 'Buy' rating from Argus Research, and a 'Neutral' rating from B of A Securities. CoreWeave offers cloud infrastructure technology through its CoreWeave Cloud Platform, which supports the development and use of AI models and applications.

The latest upgrade by HC Wainwright follows a period of mixed analyst opinions. CoreWeave reported a 206.7% increase in revenue year-over-year in its latest quarter, despite missing EPS estimates by $0.07 [1]. The company's stock has been trending lower since late June, following a strong run earlier in the year on the heels of its March IPO. However, recent insider selling and analyst ratings suggest a shift in investor sentiment.

CoreWeave has faced heavy insider selling, with Magnetar Financial LLC disposing of approximately $147 million in stock across two transactions in August [2]. Despite the selling pressure, CoreWeave remains a popular pick among institutional investors. Jane Street, for instance, took a 5.4% passive stake in the company as of Aug. 13 [3].

Analysts remain cautious about the stock, citing concerns about falling average selling prices (ASP) and increasing customer churn against rising real estate costs [4]. However, CoreWeave's strong growth and unique business model continue to attract investors.

References:
[1] https://www.marketbeat.com/instant-alerts/hc-wainwright-reaffirms-neutral-rating-for-coreweave-nasdaqcrwv-2025-08-13/
[2] https://finance.yahoo.com/news/crwv-coreweave-unlock-triggers-wave-144252876.html
[3] https://www.benzinga.com/trading-ideas/movers/25/08/47247230/coreweave-stock-is-rising-after-hours-heres-why
[4] https://ca.finance.yahoo.com/news/why-analysts-remain-cautious-coreweave-221319410.html