AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
CoreWeave Upgraded to 'Buy' by HC Wainwright & Co. with New $180 Price Target
ByAinvest
Thursday, Aug 21, 2025 7:07 am ET1min read
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
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet