Goldman Sachs Rates CoreWeave (CRWV) Buy, $106 Price Target

On October 19, 2026, Goldman Sachs upgraded its rating on CoreWeave, Inc. ticker CRWV to Buy, setting a price target of $106. According to the firm's research note, the new stance reflects an optimistic view on the cloud infrastructure provider even as shares trade below broader Wall Street targets.

CRWV CoreWeave, Inc.

$61.39 ▼ -22.60% year to date

1M 3M YTD

Daily close · Oct 16, 2026

Goldman Sachs's Call on CoreWeave

Goldman Sachs issued a Buy rating for the Livingston, New Jersey-based company on October 19, 2026, with a price target of $106. The call arrives alongside a mixed backdrop of recent Wall Street coverage, where firms like Mizuho recently maintained a Neutral rating with an $88 price target on October 15, 2026, and Freedom Capital Markets maintained a Buy rating with a $151 target on October 5, 2026. Across the wider analyst community, the stock holds 38 opinions with a consensus buy recommendation and a mean price target of $140.58.

Other Institutional Activity in CoreWeave

Large funds made notable adjustments to their holdings in the company during the second quarter ended June 30, 2026. Magnetar Financial LLC reduced its holdings by 16,504,077 shares, ending with 52,062,927 shares worth about $3.20 billion. Nvidia Corp kept its stake steady at 47,213,353 shares valued at roughly $2.90 billion. Meanwhile, Jane Street Group, LLC grew its holdings by 5,028,085 shares, finishing with 13,885,024 shares worth about $852.4 million. Alyeska Investment Group, L.p. added 3,897,581 shares for a total of 10,891,267 shares valued at about $668.6 million. Value Aligned Research Advisors, LLC boosted its stake by 2,605,180 shares to end with 10,886,110 shares worth roughly $668.3 million.

CoreWeave, Inc. Stock Down 6.7%

CoreWeave closed at $61.30 on October 16, 2026, and recently traded at $61.39 as of October 19, 2026. The stock sits below its 50-day moving average of $87.92 and below its 200-day moving average of $92.53. Shares have ranged between a 52-week low of $59.51 and a 52-week high of $141.79.

Recent Earnings

CoreWeave reported trailing-twelve-month revenue of $7.59 billion and basic earnings per share of negative $3.69. The company posted year-over-year revenue growth of 112.5%, alongside a net margin of negative 25.4% and a return on equity of negative 43.6%. Investors look toward the upcoming earnings report on November 11, 2026, for further financial updates.

Insider Buying and Selling at CoreWeave, Inc.

Company insiders completed several planned stock sales under Rule 10b5-1 trading plans during mid-October 2026. Chief Revenue Officer Jones Jonathan sold 15,811 shares on October 12 at an average price of $80.36 for a total value of $1,270,651.01, and later sold 21,569 shares on October 13 at an average price of $77.42 for $1,669,867.67. Chief Financial Officer Nitin Agrawal sold 22,579 shares on October 12 at an average price of $80.13 for $1,809,259.79. Additionally, an officer named Jonathan Jones sold 37,380 shares on October 13.

About CoreWeave

CoreWeave, Inc. operates as a cloud infrastructure technology company based in Livingston, New Jersey. The company provides the CoreWeave Cloud platform, which includes proprietary software and cloud services designed to manage complex artificial intelligence workloads at scale. This technological focus makes shifts in institutional sentiment and analyst coverage particularly important for tracking the firm's growth trajectory.

Bottom Line

Goldman Sachs's decision to assign a Buy rating and a $106 price target offers a fresh perspective on CoreWeave as shares hover near their 52-week lows. Market participants will watch the upcoming earnings report on November 11, 2026, to gauge whether the company's artificial intelligence infrastructure business can bridge the gap toward profitability.