CoreWeave Stock Soars Amid Major AI Contracts: Ownership Breakdown

CoreWeave (CRWV) has experienced a remarkable 264% increase in its stock price this year, driven by high demand for its high-performance computing services and significant contracts, including a $14.2 billion agreement with Meta Platforms (META) to provide computing power for AI applications. Analysts have maintained a bullish outlook on the stock, keeping Buy ratings following this deal. CoreWeave’s shareholder meeting, scheduled for October 30, is viewed as a potential catalyst for further investor interest. According to TipRanks, public companies and individual investors collectively own 59.39% of CoreWeave, followed by institutional investors (18.63%), insiders (17.74%), ETFs (2.48%), and mutual funds (1.76%). The largest individual shareholder is CW Opportunity LLC with a 7.98% stake, followed by Jack D. Cogen at 4.80%. Among ETFs, the YieldMax Ultra Option Income Strategy ETF (ULTY) holds 0.35%, while the Vanguard Total Stock Market ETF (VTI) owns 0.29%. Vanguard Index Funds holds 0.94% through mutual funds, with J.P. Morgan Mutual Fund Investment Trust owning 0.26%. Wall Street analysts have assigned CoreWeave a Moderate Buy consensus rating based on 16 Buys, 10 Holds, and 2 Sells over the past three months. The average price target is $147.50, suggesting an upside potential of 9.43%. Overall, CoreWeave remains a stock attracting strong investor and analyst interest amid growth in AI-focused cloud computing services.