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Why CoreWeave (CRWV) Stock Is Up Today

Investivoq PriceTracker

CoreWeave (CRWV) is up 6.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The gain appears tied to renewed optimism around CoreWeave’s AI infrastructure growth story after a wave of recent product and customer-related announcements. There does not appear to be one single new market-moving filing today, so the rally could also reflect investors responding to the company’s recent conference updates, strong backlog, and signs that it is still winning business at higher pricing.

Details:

  • CoreWeave said in its second-quarter update that revenue reached about $2.6 billion, while revenue backlog stood near $104 billion at June 30, 2026.
  • The company also said it added more than $25 billion of net new customer commitments early in the third quarter, on top of the June-end backlog figure.
  • In a September update, CoreWeave said it was signing short-dated customer contracts at higher pricing and had increased total contracted power to about 4.2 gigawatts as of August 11, 2026.
  • At its late-September conference, CoreWeave unveiled new platform offerings such as Forge and highlighted fresh infrastructure milestones, including production-scale availability of NVIDIA Vera Rubin NVL72 with a live customer deployment.

    • Sources:

    SEC, CoreWeave

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $CRWV Insider Trading Activity

    CRWV Insider Trades

    $CRWV insiders have traded $CRWV stock on the open market 2021 times in the past 6 months. Of those trades, 0 have been purchases and 2021 have been sales.

    Here’s a breakdown of recent trading of $CRWV stock by insiders over the last 6 months:

    • FINANCIAL LLC MAGNETAR has made 0 purchases and 473 sales selling 17,136,910 shares for an estimated $2,030,187,822.
    • MICHAEL N INTRATOR (CEO and President) has made 0 purchases and 379 sales selling 7,999,873 shares for an estimated $776,140,878.
    • BRIAN M VENTURO (Chief Strategy Officer) has made 0 purchases and 267 sales selling 4,855,268 shares for an estimated $540,773,723.
    • BRANNIN MCBEE (Chief Development Officer) has made 0 purchases and 753 sales selling 3,953,876 shares for an estimated $378,384,968.
    • JACK D COGEN has made 0 purchases and 29 sales selling 2,000,000 shares for an estimated $214,019,236.
    • NITIN AGRAWAL (Chief Financial Officer) has made 0 purchases and 40 sales selling 340,882 shares for an estimated $31,692,365.
    • KRISTEN J MCVEETY (GC and Secretary) has made 0 purchases and 22 sales selling 265,690 shares for an estimated $23,057,545.
    • CHEN GOLDBERG (EVP, Product & Engineering) has made 0 purchases and 33 sales selling 116,630 shares for an estimated $11,819,785.
    • JEFF BAKER (Principal Accounting Officer) has made 0 purchases and 9 sales selling 58,315 shares for an estimated $6,250,641.
    • SACHIN JAIN (Chief Operating Officer) has made 0 purchases and 12 sales selling 46,269 shares for an estimated $4,635,647.
    • KAREN BOONE has made 0 purchases and 4 sales selling 11,580 shares for an estimated $1,245,045.

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $CRWV Hedge Fund Activity

    We have seen 655 institutional investors add shares of $CRWV stock to their portfolio, and 247 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • MAGNETAR FINANCIAL LLC removed 16,503,467 shares (-24.1%) from their portfolio in Q2 2026, for an estimated $1,642,755,105
    • BLACKROCK, INC. added 14,727,734 shares (+157.0%) to their portfolio in Q2 2026, for an estimated $1,465,998,642
    • INVESCO LTD. added 11,415,570 shares (+1149.5%) to their portfolio in Q2 2026, for an estimated $1,136,305,837
    • JANE STREET GROUP, LLC added 5,028,333 shares (+56.8%) to their portfolio in Q2 2026, for an estimated $500,520,266
    • NORGES BANK added 4,320,898 shares (+inf%) to their portfolio in Q2 2026, for an estimated $430,102,186
    • ALYESKA INVESTMENT GROUP, L.P. added 3,897,741 shares (+55.7%) to their portfolio in Q2 2026, for an estimated $387,981,139
    • BARCLAYS PLC added 3,411,597 shares (+323.3%) to their portfolio in Q2 2026, for an estimated $339,590,365

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $CRWV Analyst Ratings

    Wall Street analysts have issued reports on $CRWV in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • BNP Paribas issued a "Outperform" rating on 06/02/2026

    To track analyst ratings and price targets for $CRWV, check out Investivoq's $CRWV forecast page.

    $CRWV Price Targets

    Multiple analysts have issued price targets for $CRWV recently. We have seen 16 analysts offer price targets for $CRWV in the last 6 months, with a median target of $150.0.

    Here are some recent targets:

    • John McPeake from Rosenblatt set a target price of $250.0 on 07/02/2026
    • Brett Knoblauch from Cantor Fitzgerald set a target price of $167.0 on 06/16/2026
    • Stefan Slowinski from BNP Paribas set a target price of $192.0 on 06/02/2026
    • Gil Luria from DA Davidson set a target price of $100.0 on 05/18/2026
    • Tyler Radke from Citigroup set a target price of $158.0 on 05/14/2026
    • Raimo Lenschow from Barclays set a target price of $120.0 on 05/11/2026
    • Michael Turrin from Wells Fargo set a target price of $155.0 on 05/08/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.