CICC Research Initiates Coverage on Nebius Group (NASDAQ:NBIS)

Key Points

• CICC Research initiated coverage on Nebius Group (NASDAQ:NBIS) with an "outperform" rating and a $143 price target, implying roughly a 37.8% upside from the current price.
• Analyst views and trading: the consensus rating is "Buy" (consensus PT $99.83) but analyst targets range from $75 to $143; shares traded down about 5.6% to $103.82 on heavy volume, with a 50‑day MA of $107.84 and 200‑day MA of $69.55.
• Business focus: Nebius provides AI infrastructure and GenAI services (Nebius AI and Toloka AI) offering cloud compute, data annotation, model training/fine‑tuning and LLM quality assessment for enterprises.

Investment analysts at CICC Research began coverage on shares of Nebius Group (NASDAQ:NBIS - Get Free Report) in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage set an "outperform" rating and a $143.00 price target on the stock. CICC Research's price target points to a potential upside of 37.75% from the stock's current price.

A number of other research analysts have also weighed in on NBIS. BWS Financial raised their target price on shares of Nebius Group from $90.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, September 9th. DA Davidson reaffirmed a "buy" rating and issued a $75.00 price target on shares of Nebius Group in a report on Tuesday, September 9th. Seaport Res Ptn raised Nebius Group to a "hold" rating in a research note on Monday, September 15th. Wall Street Zen raised shares of Nebius Group from a "sell" rating to a "hold" rating in a research report on Tuesday, September 30th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Nebius Group in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $99.83.

Nebius Group Trading Down 5.6%

Shares of NASDAQ NBIS traded down $6.14 during mid-day trading on Tuesday, reaching $103.82. The company's stock had a trading volume of 33,040,357 shares, compared to its average volume of 14,402,724. The stock has a 50-day moving average of $107.84 and a two-hundred day moving average of $69.55. The company has a debt-to-equity ratio of 0.31, a current ratio of 14.70 and a quick ratio of 14.70. Nebius Group has a 1-year low of $17.39 and a 1-year high of $141.10.

Hedge Funds Weigh In On Nebius Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NBIS. Rollins Financial Advisors LLC purchased a new position in Nebius Group in the third quarter valued at approximately $430,000. Optiver Holding B.V. acquired a new stake in shares of Nebius Group in the 3rd quarter valued at about $407,000. Thoroughbred Financial Services LLC grew its position in shares of Nebius Group by 31.9% during the third quarter. Thoroughbred Financial Services LLC now owns 24,447 shares of the company's stock worth $2,744,000 after acquiring an additional 5,912 shares during the last quarter. Waratah Capital Advisors Ltd. acquired a new position in shares of Nebius Group in the 3rd quarter valued at $211,000. Finally, Lake Street Private Wealth LLC acquired a new stake in Nebius Group during the 3rd quarter worth $254,000. 21.90% of the stock is owned by institutional investors and hedge funds.

About Nebius Group

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.

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