Rosenblatt Reiterates Buy Rating on CoreWeave, Inc. (CRWV)
Rosenblatt analyst John McPeake maintains a buy rating on CoreWeave with a $250 price target, a 160.65% upside from the current price.
Key Points
- Rosenblatt's John McPeake reiterated his buy rating on CoreWeave, Inc. with a $250 price target on June 25, 2026.
- Rosenblatt's $250 price target implies 160.65% upside from CoreWeave, Inc.'s ($CRWV) current $95.92 share price.
- CoreWeave, Inc. shares traded near $104.11 on Thursday, with a market cap of $60.7 billion and a 52-week high of $183.98.
- Institutional investors like BlackRock and Goldman Sachs have increased their stakes in CoreWeave, signaling strong interest in the tech company.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Rosenblatt analyst John McPeake reiterated his buy rating on CoreWeave, Inc. (NasdaqGS: CRWV), setting a price target of $250. This affirmation came on June 25, 2026, as CoreWeave continues to capture attention in the tech sector.
Rosenblatt vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
CoreWeave, Inc. Stock Up 13.9%
Shares of NasdaqGS:CRWV traded near $104.11 on Thursday. CoreWeave, Inc. has a market cap of approximately $60.7 billion. The company's stock has seen a 52-week low of $63.8 and a high of $183.98, with a 50-day moving average of $111.38 and a 200-day moving average of $100.40. Despite its strong market presence, CoreWeave is not currently profitable, reflected in its forward P/E ratio of -137.36. The company has a current ratio of 0.315 and a quick ratio of 0.246, indicating potential liquidity challenges.
$CRWV price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Other Institutional Activity in CoreWeave
Institutional activity around CoreWeave has been robust. Magnetar Financial LLC increased its holdings by 375,000 shares, reaching a total of 68,566,394 shares valued at approximately $4.74 billion. NVIDIA Corp significantly boosted its position by 22,935,780 shares, ending with 47,213,353 shares worth about $3.66 billion. Goldman Sachs Group Inc also expanded its stake by 8,795,691 shares, now holding 17,877,647 shares valued at $1.38 billion. Both Vanguard Portfolio Management LLC and Vanguard Capital Management LLC opened new positions, acquiring 12,710,358 and 12,437,395 shares, respectively.
Recent Earnings
CoreWeave reported revenue of $6.23 billion with a growth rate of 11.6%. However, the company is currently operating at a net margin of -25.57% and a return on equity of -40.67%. Investors are looking forward to the next earnings report due on August 12, 2026.
Analysts Set New Price Targets
On June 25, 2026, Rosenblatt's John McPeake reiterated his buy rating on CoreWeave with a $250 price target. Previously, on June 2, 2026, BNP Paribas initiated coverage with a buy rating and a $192 target. DA Davidson downgraded the stock to hold with a $100 target on May 18, 2026. The consensus among analysts remains positive, with a mean target price of $140.18 across 33 opinions.
About CoreWeave, Inc.
CoreWeave, Inc., headquartered in Livingston, New Jersey, is a technology company specializing in cloud infrastructure. It provides the CoreWeave Cloud platform, which offers software and services for managing AI infrastructure at scale. The company also delivers data storage solutions, GPU and CPU compute services, and managed network services. CoreWeave's offerings are designed to support industries like visual effects rendering and machine learning. Led by CEO Michael N. Intrator, the company employs about 2,189 people.
Bottom Line
Rosenblatt's reaffirmation of a buy rating highlights CoreWeave's potential in the tech sector, despite its current profitability challenges. Investors continue to show interest, as seen by the significant institutional activity. While the latest analyst update provides a positive outlook, it's important to remember that these ratings are based on past performance and market conditions as of the filing date.
Get CoreWeave, Inc. alerts
New 13F filings, insider trades, and analyst moves on $CRWV, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.