Morgan Stanley Cautions About Increasing Risks in Software Lending
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 10 2026
0mins
Source: Barron's
S&P Software Index Decline: The S&P Software Index has experienced a significant decline of 22% this year due to the impact of AI.
Software Loan Price Stability: Despite the drop in the software index, the price of software loans has only decreased by approximately 3%.
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Analyst Views on CRWV
Wall Street analysts forecast CRWV stock price to rise
25 Analyst Rating
12 Buy
13 Hold
0 Sell
Moderate Buy
Current: 117.950
Low
68.00
Averages
123.23
High
180.00
Current: 117.950
Low
68.00
Averages
123.23
High
180.00
About CRWV
CoreWeave, Inc. is a cloud infrastructure technology company. The Company offers the CoreWeave Cloud Platform, which consists of software and cloud services that deliver the automation and efficiency needed to manage complex artificial intelligence (AI) infrastructure. Its CoreWeave Cloud Platform is an integrated solution that is purpose-built for running AI workloads such as model training and inference. Its solutions include infrastructure services, managed software services, and application software services. Its Infrastructure Services provide its customers with access to advanced graphics processing unit (GPU) and central processing unit (CPU) compute, highly performant networking, and storage. Its Managed Software Services include CKS, a flexible virtual private cloud and a bare metal service that runs kubernetes directly on high-performance servers. Its Application Software Services build on top of its infrastructure and managed software services, integrating additional tools.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CoreWeave CEO Sells 307,692 Shares, Stock Drops 7.03%
- Insider Selling: CoreWeave's CEO Michael Intrator sold 307,692 Class A shares on June 16 for $35.9 million, resulting in a 7.03% drop in stock price, indicating market sensitivity to insider selling.
- Price Range: The shares were sold at prices between $107.91 and $119.44 each, suggesting executives are cashing out at high valuations, which may raise investor concerns about the company's future performance.
- Pre-Arranged Sales: Intrator's sale was executed under a Rule 10b5-1 trading plan adopted on November 20, 2025, indicating that the transactions were pre-scheduled rather than discretionary, which may mitigate questions about his motives.
- Founders' Selling Trend: Since the IPO lockup expiration in August 2025, CoreWeave's founders have sold over $2.3 billion in stock, with Chief Strategy Officer Brian Venturo accounting for more than $1.1 billion, reflecting a potential decline in executive confidence regarding the company's outlook.
See More
Market Volatility Analysis of Tech Companies
- Executive Departures Impact: Alphabet's shares fell nearly 6% following the departure of two high-profile executives, John Jumper from DeepMind and Noam Shazeer from Google, indicating potential risks in talent retention that could affect the company's innovation capabilities.
- Earnings Restatement Shock: AeroVironment's stock tumbled 11% after the company announced it would restate earnings for the three and nine months ending January 31 due to an error in goodwill impairment analysis, which may lead to decreased investor confidence.
- Product Launch Boost: Super Micro Computer's shares surged almost 14% after announcing the delivery of its Data Center Building Block Solutions Blueprint based on the Nvidia Vera Rubin NVL4 platform, aimed at accelerating AI applications in scientific research, showcasing the company's strategic positioning in the AI sector.
- Acquisition News Incentive: Apogee Therapeutics' stock soared nearly 47% after AbbVie announced it would acquire the company for $135.11 per share, totaling $10.9 billion, reflecting AbbVie's commitment to expanding its presence in the respiratory space while enhancing Apogee's market value.
See More
Nebius and CoreWeave Stocks Surge Ahead of Nasdaq-100 Inclusion
- Stock Performance: In 2026, NBIS stock surged by 240%, currently trading at a record high, while CRWV is 14% below its all-time high, indicating strong market confidence in both stocks with analysts expecting further upside.
- Nasdaq-100 Inclusion: NBIS and CRWV are set to begin trading on the Nasdaq-100 on Monday, with their prices rallying by 34% and 24% respectively following the inclusion announcement, highlighting the buying demand from index-tracking funds and ETFs that typically boosts stock prices.
- Expansion Plans Fuel Growth: Nebius announced plans to establish three data centers in the UK with a total investment of £1.7 billion ($2.3 billion), alongside a 310-megawatt center in Finland and a 240-megawatt center in France, which will further solidify its market position and drive future growth.
- Analyst Ratings Optimistic: Currently, 23 out of 36 analysts rate CRWV as 'Buy' or higher, with an average price target of $140.18 implying nearly 20% upside, while NBIS shows a 15% downside risk, reflecting differing market expectations for the two stocks.
See More
CoreWeave Joins Nasdaq-100, Stock Surges 194% Since IPO
- Stock Surge: CoreWeave's stock has soared 194% since its IPO, reflecting strong market confidence in its demand and future potential in the AI sector, which is likely to attract more investor interest.
- Order Backlog Growth: The company has reached a contracted order backlog of nearly $100 billion, with new clients like Meta and Anthropic, showcasing its strong appeal and customer diversification in the AI computing market, potentially driving further revenue growth.
- Strategic Partnership with Nvidia: CoreWeave has established a close relationship with Nvidia, which owns over 47 million shares of CoreWeave and has committed to purchasing any excess compute capacity until 2032, enhancing CoreWeave's market position and providing security for future growth.
- Impact of Nasdaq-100 Inclusion: CoreWeave's addition to the Nasdaq-100 is expected to attract fund purchases of its stock, boosting its price in the short term, although the long-term impact may be limited, still indicating market recognition of its growth prospects.
See More
CoreWeave Joins Nasdaq-100, Signaling Growth Potential
- Nasdaq-100 Inclusion: CoreWeave officially joins the Nasdaq-100 on June 22, marking its position as one of the largest non-financial players, which is expected to attract more capital inflow and further boost its stock price.
- Significant Revenue Growth: The company has achieved triple-digit revenue growth, largely due to its close partnership with Nvidia, which not only holds over 47 million shares but has also committed to purchasing any excess compute capacity through 2032, indicating strong confidence in CoreWeave's future.
- Record Order Backlog: CoreWeave's contracted order backlog has reached nearly $100 billion, with new orders from Meta and Anthropic, highlighting robust market demand in the AI sector and improved customer diversification, which helps mitigate business risks.
- Clear Competitive Advantage: Despite competition from giants like Amazon and Microsoft, CoreWeave's focus on AI workloads allows it to stand out in the market, and it is expected to continue benefiting from the rapid development of AI technologies and increasing market demand.
See More
Trillion-Dollar Market Cap Club Expands
- Market Expansion: The number of companies with trillion-dollar market caps has grown to about 20, reflecting the significant impact of AI spending on the market; while most companies have limited growth potential, some smaller firms exhibit greater upside.
- Sandisk Performance: Sandisk's stock has surged nearly 800% in 2026, and while another such gain is unlikely, its forward P/E ratio is expected to drop to 11.5 by fiscal 2027, suggesting a potential tripling of stock price if earnings triple as anticipated, indicating strong investment potential.
- Nebius Growth Potential: Nebius's stock has risen 210% in 2026, with projected revenue growth rates of 550% and 225% for 2026 and 2027, respectively, and its focus on AI data centers provides a robust competitive advantage in the market.
- CoreWeave Outlook: Although CoreWeave has underperformed this year with a 50% increase, its rapid expansion to meet demand from AI hyperscalers and a revenue backlog nearing $100 billion signal strong growth potential, with expected revenue growth rates of 147% and 97% for 2026 and 2027, respectively.
See More
CoreWeave CEO Sells 307,692 Shares, Stock Drops 7.03%
- Insider Selling: CoreWeave's CEO Michael Intrator sold 307,692 Class A shares on June 16 for $35.9 million, resulting in a 7.03% drop in stock price, indicating market sensitivity to insider selling.
- Price Range: The shares were sold at prices between $107.91 and $119.44 each, suggesting executives are cashing out at high valuations, which may raise investor concerns about the company's future performance.
- Pre-Arranged Sales: Intrator's sale was executed under a Rule 10b5-1 trading plan adopted on November 20, 2025, indicating that the transactions were pre-scheduled rather than discretionary, which may mitigate questions about his motives.
- Founders' Selling Trend: Since the IPO lockup expiration in August 2025, CoreWeave's founders have sold over $2.3 billion in stock, with Chief Strategy Officer Brian Venturo accounting for more than $1.1 billion, reflecting a potential decline in executive confidence regarding the company's outlook.
See More
Market Volatility Analysis of Tech Companies
- Executive Departures Impact: Alphabet's shares fell nearly 6% following the departure of two high-profile executives, John Jumper from DeepMind and Noam Shazeer from Google, indicating potential risks in talent retention that could affect the company's innovation capabilities.
- Earnings Restatement Shock: AeroVironment's stock tumbled 11% after the company announced it would restate earnings for the three and nine months ending January 31 due to an error in goodwill impairment analysis, which may lead to decreased investor confidence.
- Product Launch Boost: Super Micro Computer's shares surged almost 14% after announcing the delivery of its Data Center Building Block Solutions Blueprint based on the Nvidia Vera Rubin NVL4 platform, aimed at accelerating AI applications in scientific research, showcasing the company's strategic positioning in the AI sector.
- Acquisition News Incentive: Apogee Therapeutics' stock soared nearly 47% after AbbVie announced it would acquire the company for $135.11 per share, totaling $10.9 billion, reflecting AbbVie's commitment to expanding its presence in the respiratory space while enhancing Apogee's market value.
See More
Nebius and CoreWeave Stocks Surge Ahead of Nasdaq-100 Inclusion
- Stock Performance: In 2026, NBIS stock surged by 240%, currently trading at a record high, while CRWV is 14% below its all-time high, indicating strong market confidence in both stocks with analysts expecting further upside.
- Nasdaq-100 Inclusion: NBIS and CRWV are set to begin trading on the Nasdaq-100 on Monday, with their prices rallying by 34% and 24% respectively following the inclusion announcement, highlighting the buying demand from index-tracking funds and ETFs that typically boosts stock prices.
- Expansion Plans Fuel Growth: Nebius announced plans to establish three data centers in the UK with a total investment of £1.7 billion ($2.3 billion), alongside a 310-megawatt center in Finland and a 240-megawatt center in France, which will further solidify its market position and drive future growth.
- Analyst Ratings Optimistic: Currently, 23 out of 36 analysts rate CRWV as 'Buy' or higher, with an average price target of $140.18 implying nearly 20% upside, while NBIS shows a 15% downside risk, reflecting differing market expectations for the two stocks.
See More
CoreWeave Joins Nasdaq-100, Stock Surges 194% Since IPO
- Stock Surge: CoreWeave's stock has soared 194% since its IPO, reflecting strong market confidence in its demand and future potential in the AI sector, which is likely to attract more investor interest.
- Order Backlog Growth: The company has reached a contracted order backlog of nearly $100 billion, with new clients like Meta and Anthropic, showcasing its strong appeal and customer diversification in the AI computing market, potentially driving further revenue growth.
- Strategic Partnership with Nvidia: CoreWeave has established a close relationship with Nvidia, which owns over 47 million shares of CoreWeave and has committed to purchasing any excess compute capacity until 2032, enhancing CoreWeave's market position and providing security for future growth.
- Impact of Nasdaq-100 Inclusion: CoreWeave's addition to the Nasdaq-100 is expected to attract fund purchases of its stock, boosting its price in the short term, although the long-term impact may be limited, still indicating market recognition of its growth prospects.
See More
CoreWeave Joins Nasdaq-100, Signaling Growth Potential
- Nasdaq-100 Inclusion: CoreWeave officially joins the Nasdaq-100 on June 22, marking its position as one of the largest non-financial players, which is expected to attract more capital inflow and further boost its stock price.
- Significant Revenue Growth: The company has achieved triple-digit revenue growth, largely due to its close partnership with Nvidia, which not only holds over 47 million shares but has also committed to purchasing any excess compute capacity through 2032, indicating strong confidence in CoreWeave's future.
- Record Order Backlog: CoreWeave's contracted order backlog has reached nearly $100 billion, with new orders from Meta and Anthropic, highlighting robust market demand in the AI sector and improved customer diversification, which helps mitigate business risks.
- Clear Competitive Advantage: Despite competition from giants like Amazon and Microsoft, CoreWeave's focus on AI workloads allows it to stand out in the market, and it is expected to continue benefiting from the rapid development of AI technologies and increasing market demand.
See More
Trillion-Dollar Market Cap Club Expands
- Market Expansion: The number of companies with trillion-dollar market caps has grown to about 20, reflecting the significant impact of AI spending on the market; while most companies have limited growth potential, some smaller firms exhibit greater upside.
- Sandisk Performance: Sandisk's stock has surged nearly 800% in 2026, and while another such gain is unlikely, its forward P/E ratio is expected to drop to 11.5 by fiscal 2027, suggesting a potential tripling of stock price if earnings triple as anticipated, indicating strong investment potential.
- Nebius Growth Potential: Nebius's stock has risen 210% in 2026, with projected revenue growth rates of 550% and 225% for 2026 and 2027, respectively, and its focus on AI data centers provides a robust competitive advantage in the market.
- CoreWeave Outlook: Although CoreWeave has underperformed this year with a 50% increase, its rapid expansion to meet demand from AI hyperscalers and a revenue backlog nearing $100 billion signal strong growth potential, with expected revenue growth rates of 147% and 97% for 2026 and 2027, respectively.
See More
