Mizuho Begins Coverage on CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV)

Mizuho began coverage on shares of CoreWeave, Inc. Class A Common Stock (NASDAQ:CRWV - Free Report) in a research note published on Tuesday morning, Marketbeat.com reports. The brokerage issued an outperform rating and a $46.00 price objective on the stock.

Other equities research analysts have also recently issued reports about the stock. Citigroup began coverage on shares of CoreWeave, Inc. Class A Common Stock in a research note on Tuesday. They set a "neutral" rating and a $43.00 price objective on the stock. Stifel Nicolaus assumed coverage on shares of CoreWeave, Inc. Class A Common Stock in a research report on Tuesday. They set a "buy" rating and a $55.00 price target on the stock. Morgan Stanley started coverage on shares of CoreWeave, Inc. Class A Common Stock in a research note on Tuesday. They set an "equal weight" rating and a $46.00 price objective on the stock. The Goldman Sachs Group initiated coverage on CoreWeave, Inc. Class A Common Stock in a research report on Tuesday. They issued a "neutral" rating and a $54.00 target price for the company. Finally, Jefferies Financial Group started coverage on CoreWeave, Inc. Class A Common Stock in a research report on Tuesday. They set a "buy" rating and a $51.00 price target on the stock. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $46.86.

CoreWeave, Inc. Class A Common Stock Stock Down 0.6 %

CoreWeave, Inc. Class A Common Stock stock traded down $0.23 during mid-day trading on Tuesday, hitting $41.54. 8,752,856 shares of the company's stock traded hands, compared to its average volume of 14,329,952. CoreWeave, Inc. Class A Common Stock has a one year low of $33.51 and a one year high of $64.62.

Insider Activity

In other CoreWeave, Inc. Class A Common Stock news, CFO Nitin Agrawal sold 12,720 shares of CoreWeave, Inc. Class A Common Stock stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $40.00, for a total transaction of $508,800.00. Following the transaction, the chief financial officer now directly owns 231,811 shares in the company, valued at approximately $9,272,440. The trade was a 5.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kristen J. Mcveety sold 69,460 shares of the business's stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $40.00, for a total transaction of $2,778,400.00. The disclosure for this sale can be found here. Insiders sold a total of 302,940 shares of company stock valued at $13,786,546 over the last three months.

CoreWeave, Inc. Class A Common Stock Company Profile

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.