CoreWeave (NASDAQ:CRWV) Price Target Raised to $115.00 at Macquarie

CoreWeave (NASDAQ:CRWV - Get Free Report) had its price target lifted by stock analysts at Macquarie from $65.00 to $115.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. Macquarie's target price points to a potential downside of 7.96% from the stock's current price.CoreWeave Pulls Back Into a Screaming BuyA number of other equities analysts also recently commented on CRWV. Morgan Stanley boosted their price objective on CoreWeave from $58.00 to $91.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Hsbc Global Res upgraded CoreWeave to a "moderate sell" rating in a research report on Thursday, July 17th. Arete started coverage on CoreWeave in a report on Thursday, June 5th. They issued a "neutral" rating and a $130.00 target price on the stock. Jefferies Financial Group started coverage on CoreWeave in a research note on Tuesday, April 22nd. They issued a "buy" rating and a $51.00 price target on the stock. Finally, Wells Fargo & Company lifted their target price on CoreWeave from $60.00 to $105.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Three equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $95.20.Get Our Latest Stock Report on CoreWeaveCoreWeave Stock Down 16.0%IPO Market Stays Hot With These 2 Debuting StocksNASDAQ CRWV traded down $23.80 on Wednesday, hitting $124.95. 16,124,874 shares of the stock were exchanged, compared to its average volume of 18,773,045. CoreWeave has a 52-week low of $33.51 and a 52-week high of $187.00. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.60. The business has a fifty day moving average price of $142.07. CoreWeave (NASDAQ:CRWV - Get Free Report) last issued its quarterly earnings results on Tuesday, August 12th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.07). The company had revenue of $1.21 million for the quarter. CoreWeave's revenue for the quarter was up 206.7% on a year-over-year basis. Institutional Inflows and Outflows3 AI Infrastructure Stocks Powering the Next Tech RevolutionA number of institutional investors and hedge funds have recently modified their holdings of the stock. Chelsea Counsel Co. purchased a new stake in shares of CoreWeave during the second quarter worth about $33,000. Archer Investment Corp bought a new stake in shares of CoreWeave during the second quarter valued at approximately $34,000. Chilton Capital Management LLC bought a new stake in shares of CoreWeave during the second quarter valued at approximately $39,000. Montag A & Associates Inc. bought a new stake in CoreWeave in the 2nd quarter worth approximately $49,000. Finally, TD Waterhouse Canada Inc. bought a new stake in shares of CoreWeave during the 2nd quarter valued at $47,000. 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.See AlsoFive stocks we like better than CoreWeaveThe Significance of a Trillion-Dollar Market Cap Goes Beyond a NumberCoreWeave Pulls Back Into a Screaming BuyInvesting in Travel Stocks BenefitsData Centers in Demand—This REIT Owns a Whole PortfolioWhat Are Earnings Reports?3 Battery Stocks to Buy and Hold for the Rest of the DecadeThis 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