CoreWeave (NASDAQ:CRWV) Shares Up 4.9% - Time to Buy?

CoreWeave Inc. (NASDAQ:CRWV - Get Free Report)'s share price shot up 4.9% during trading on Monday . The stock traded as high as $135.67 and last traded at $131.98. 6,892,622 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 20,356,998 shares. The stock had previously closed at $125.84.Analyst Ratings ChangesCoreWeave's $9 Billion Power Play for Core ScientificA number of brokerages have recently commented on CRWV. Argus began coverage on shares of CoreWeave in a research report on Friday. They set a "buy" rating and a $200.00 target price on the stock. Citigroup lifted their price objective on CoreWeave from $43.00 to $94.00 and gave the company a "neutral" rating in a report on Wednesday, May 21st. JMP Securities began coverage on CoreWeave in a report on Thursday, May 22nd. They set a "market perform" rating for the company. HC Wainwright restated a "neutral" rating on shares of CoreWeave in a report on Monday. Finally, The Goldman Sachs Group raised their price target on shares of CoreWeave from $54.00 to $61.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Two investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, CoreWeave has a consensus rating of "Hold" and a consensus target price of $81.56.Read Our Latest Report on CoreWeaveCoreWeave Stock Performance3 Stocks With Near-Unanimous Buys That Could Rally HigherThe company has a debt-to-equity ratio of 2.60, a quick ratio of 0.44 and a current ratio of 0.44. The stock has a 50 day moving average price of $126.49. CoreWeave (NASDAQ:CRWV - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The company reported ($0.83) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.67). Hedge Funds Weigh In On CoreWeaveMarketBeat Week in Review – 06/16 - 06/20Several institutional investors have recently bought and sold shares of CRWV. Vanguard Capital Wealth Advisors bought a new stake in shares of CoreWeave in the 2nd quarter valued at about $351,000. Farther Finance Advisors LLC bought a new stake in shares of CoreWeave in the second quarter worth $90,000. SeaCrest Wealth Management LLC bought a new stake in shares of CoreWeave in the second quarter worth $848,000. Kapstone Financial Advisors LLC bought a new stake in shares of CoreWeave in the second quarter worth $326,000. Finally, Mandatum Life Insurance Co Ltd bought a new stake in shares of CoreWeave in the second quarter worth $285,000. CoreWeave Company Profile (Get Free Report)CoreWeave, Inc engages in the powers of the creation and delivery of the intelligence that drives innovation. It offers a solution used by organizations of all sizes that require sophisticated AI computing, from the largest of enterprises to small, well-funded start-ups. The company was founded by Michael Intrator, Brian Venturo, and Brannin McBee on September 21, 2017 and is headquartered in Livingston, NJ.Featured ArticlesFive stocks we like better than CoreWeaveAre These Liquid Natural Gas Stocks Ready For An Upside Bounce?AES Gains 20% as Private Equity Eyes AI Hyperscale Energy PlayerInsider Trades May Not Tell You What You Think3 Bargain Stocks the Market Is Sleeping on Right NowNYSE Stocks Give Investors a Variety of Quality Options 5 Robotics Stocks to Buy for the Future of AutomationThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in CoreWeave Right Now?Before you consider CoreWeave, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CoreWeave wasn't on the list.While CoreWeave currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here