BWS Financial Reiterates Buy Rating for Nebius Group (NASDAQ:NBIS)

BWS Financial reissued their buy rating on shares of Nebius Group (NASDAQ:NBIS - Free Report) in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a $51.00 target price on the stock.

Nebius Group Price Performance

NBIS traded up $0.82 during trading on Tuesday, reaching $32.62. 10,694,094 shares of the company's stock were exchanged, compared to its average volume of 10,922,797. The stock has a fifty day moving average of $30.60. The stock has a market capitalization of $7.68 billion, a PE ratio of -57.22 and a beta of 2.63. Nebius Group has a 1 year low of $14.09 and a 1 year high of $43.66.

Nebius Group Company Profile

Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company's services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.