Northland Securities Forecasts Strong Price Appreciation for CoreWeave (NASDAQ:CRWV) Stock

CoreWeave (NASDAQ:CRWV - Get Free Report) had its price objective hoisted by investment analysts at Northland Securities from $85.00 to $165.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Northland Securities' price target indicates a potential upside of 34.05% from the company's current price.AI Infrastructure Is Exploding—Don’t Overlook CoreWeave & NebiusOther equities research analysts have also issued research reports about the company. Wells Fargo & Company raised their price target on CoreWeave from $50.00 to $60.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 15th. Arete initiated coverage on CoreWeave in a research report on Thursday, June 5th. They set a "neutral" rating and a $130.00 price target on the stock. Citizens Jmp raised CoreWeave to a "hold" rating in a research report on Thursday, May 22nd. The Goldman Sachs Group lifted their target price on CoreWeave from $54.00 to $61.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. Finally, Bank of America lowered CoreWeave from a "buy" rating to a "neutral" rating in a report on Monday, June 16th. Three investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $83.25.Read Our Latest Report on CRWVCoreWeave Stock PerformanceCoreWeave's $9 Billion Power Play for Core ScientificCoreWeave stock traded down $9.12 during mid-day trading on Friday, hitting $123.09. 9,976,237 shares of the company were exchanged, compared to its average volume of 20,014,865. The company has a debt-to-equity ratio of 2.60, a current ratio of 0.44 and a quick ratio of 0.44. The business has a fifty day moving average of $133.18. CoreWeave has a 1-year low of $33.51 and a 1-year high of $187.00. CoreWeave (NASDAQ:CRWV - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported ($0.83) earnings per share for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.67). Hedge Funds Weigh In On CoreWeave3 Stocks With Near-Unanimous Buys That Could Rally HigherA number of institutional investors and hedge funds have recently bought and sold shares of the company. Cisco Systems Inc. acquired a new stake in CoreWeave during the second quarter worth approximately $173,493,000. Sivia Capital Partners LLC bought a new position in shares of CoreWeave in the second quarter valued at approximately $39,824,000. Renaissance Capital LLC purchased a new position in CoreWeave in the second quarter worth $5,131,000. Goldman Sachs Group Inc. purchased a new stake in shares of CoreWeave during the 1st quarter valued at $963,000. Finally, Floyd Financial Group LLC purchased a new stake in shares of CoreWeave during the 2nd quarter worth approximately $2,714,000. About CoreWeave (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.Recommended StoriesFive stocks we like better than CoreWeaveWhat is Short Interest? How to Use ItWhy Abbott Laboratories Is a Q2 2025 Buy: Growth & YieldWhat Investors Must Know About Over-the-Counter (OTC) StocksCSX Stock Rally: Strong Options Flow, Analyst Price TargetsHow to Use the MarketBeat Dividend CalculatorDiscover Capital One’s Strategy for Long-Term Stock GrowthThis 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