Barclays Sticks to Its Hold Rating for CoreWeave (CRWV)

Barclays analyst Raimo Lenschow maintained a Hold rating on CoreWeave today and set a price target of $140.00. The company’s shares closed yesterday at $139.24.

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According to TipRanks, Lenschow is a 5-star analyst with an average return of 11.1% and a 58.98% success rate. Lenschow covers the Technology sector, focusing on stocks such as CoreWeave, Oracle, and Atlassian.

In addition to Barclays, CoreWeave also received a Hold from TR | OpenAI – 4o’s Elisa Scalantra in a report issued on October 1. However, yesterday, Evercore ISI reiterated a Buy rating on CoreWeave (NASDAQ: CRWV).

CRWV market cap is currently $69.38B and has a P/E ratio of -55.92.

Based on the recent corporate insider activity of 117 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CRWV in relation to earlier this year. Earlier this month, Magnetar Financial Llc, a Major Shareholder at CRWV sold 27,945.00 shares for a total of $3,947,818.25.