--- title: "CoreWeave Stock (CRWV) Keeps Falling, But Truist Says to Buy — Here's Why" type: "News" locale: "en" url: "https://longbridge.com/en/news/296385496.md" description: "CoreWeave (CRWV) shares fell ~12% to $93.17, lagging rivals despite AI demand. Truist analyst Arvind Ramnani reaffirmed a Buy rating with a $155 target, citing improved profit margins from contract renewals and growth in managed inference services. While insiders sold shares and the stock underperformed year-to-date, Wall Street consensus remains a Moderate Buy with an average target of $138.94." datetime: "2026-08-19T17:28:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296385496.md) - [en](https://longbridge.com/en/news/296385496.md) - [zh-HK](https://longbridge.com/zh-HK/news/296385496.md) generator: "portal-rs" --- # CoreWeave Stock (CRWV) Keeps Falling, But Truist Says to Buy — Here's Why Shares in AI cloud firm CoreWeave (CRWV) plunged by 12.10% to $93.17 on Tuesday and further edged lower to about $93 on Wednesday afternoon. However, Truist analyst Arvind Ramnani on Wednesday reaffirmed his Buy rating on the stock. He pointed to CoreWeave's potential to improve profit margin as customers renew their cloud contracts. ### Summer Sale - Claim 70% Off TipRanks Double your CRWV exposure with Tradr's CWVX Ramnani set a price target of $155. The target implies about 66% upside from CoreWeave's closing price of $93.17 on Tuesday. ## **Why CoreWeave Stock Has Lagged in Performance** CoreWeave's shares are only up about 31% year-to-date. This compares less favorably with rival Nebius (NBIS), whose shares surged by 174% during the same period. Notably, CRWV stock is down about 7% over the past three months. This comes as the New Jersey-based company has been taking on debt to fuel its expansion. Company insiders have also been selling their shares. CEO Michael Intrator on Tuesday filed with the U.S. securities regulator to sell another $21.2 million worth of shares. ## **Why Truist Remains Bullish on CoreWeave Stock** Meanwhile, Ramnani gave the Buy rating on CRWV after hosting Nick Robbins, CoreWeave's vice president of corporate development. He noted that the meeting covered topics such as CoreWeave's fairly large re-contracting opportunity. Usually, when a customer renews their neocloud contract, it is expected to bring in bigger profits. This is because the provider is likely to have covered a good portion of the costs to buy its chips during the earlier stages. Beyond re-contracting, the meeting also discussed CoreWeave's managed inference offering. This refers to helping customers run AI models in production, rather than only providing raw GPUs or servers. Ramnani said the call discussed this service as "a potential meaningful growth driver." He believes that this service "creates an increasingly important competitive dynamic as \[CoreWeave\] begins competing more directly with inference cloud providers." ## **Is CoreWeave Stock a Good Buy?** On Wall Street, analysts continue to rate CoreWeave's shares as a Moderate Buy. This is based on 16 Buys, four Holds, and one Sell issued by 21 analysts over the past three months. However, the average CRWV price target of $138.94 suggests about 50% upside in the months ahead (see **CRWV stock forecast** here). ### Related Stocks - [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md) - [CORD.US](https://longbridge.com/en/quote/CORD.US.md) - [CRWG.US](https://longbridge.com/en/quote/CRWG.US.md) - [CRWU.US](https://longbridge.com/en/quote/CRWU.US.md) - [CWVX.US](https://longbridge.com/en/quote/CWVX.US.md) - [CWY.US](https://longbridge.com/en/quote/CWY.US.md) - [TFC.US](https://longbridge.com/en/quote/TFC.US.md) - [NBIS.US](https://longbridge.com/en/quote/NBIS.US.md) ## Related News & Research - [CoreWeave Chief Financial Officer Sold Shares Worth Over $924K](https://longbridge.com/en/news/296659883.md) - [BUZZ-AI storage firm Backblaze stabilizes after boosted $175 mln convertible offering](https://longbridge.com/en/news/296479463.md) - [A Major Catalyst Could Boost CoreWeave and Nebius Margins by Up to 1,000 Basis Points, Says BofA](https://longbridge.com/en/news/296138755.md) - [CrowdStrike CEO George Kurtz disposes of 20,720 shares worth $4.33 million](https://longbridge.com/en/news/296548975.md) - [Meritage Group LP Takes Position in TransUnion $TRU](https://longbridge.com/en/news/296774023.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**