Gordian Capital Singapore Pte Ltd Makes New $380,000 Investment in Nebius Group N.V. $NBIS

Key Points

• Gordian Capital Singapore Pte Ltd has acquired 18,000 shares of Nebius Group N.V. (NASDAQ:NBIS) valued at approximately $380,000 during the first quarter.
• Several institutional investors have also purchased stakes in Nebius Group, with Accel Leaders 4 Associates L.P. leading at $96.7 million.
• Nebius Group reported a quarterly revenue of $47.60 million, significantly below analysts' expectations of $95.60 million, and is expected to post a loss with an EPS prediction of -1.1 for the current year.

Gordian Capital Singapore Pte Ltd purchased a new stake in Nebius Group N.V. (NASDAQ:NBIS - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 18,000 shares of the company's stock, valued at approximately $380,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Siren L.L.C. bought a new stake in Nebius Group during the 1st quarter worth approximately $2,955,000. Tekne Capital Management LLC bought a new stake in Nebius Group during the 1st quarter worth approximately $7,916,000. Aristides Capital LLC bought a new stake in Nebius Group during the 1st quarter worth approximately $528,000. Bank of Hawaii acquired a new position in Nebius Group during the 1st quarter worth approximately $415,000. Finally, Freedom Investment Management Inc. acquired a new position in Nebius Group during the 1st quarter worth approximately $229,000. 21.90% of the stock is owned by institutional investors.

Nebius Group Price Performance

NBIS traded down $3.72 on Monday, hitting $68.32. 7,572,800 shares of the stock were exchanged, compared to its average volume of 13,028,551. Nebius Group N.V. has a 12 month low of $14.09 and a 12 month high of $75.96. The business has a 50-day moving average of $57.44 and a two-hundred day moving average of $40.93. The company has a debt-to-equity ratio of 0.31, a current ratio of 14.70 and a quick ratio of 14.70. The firm has a market capitalization of $16.11 billion, a price-to-earnings ratio of -119.86 and a beta of 3.55.

Nebius Group (NASDAQ:NBIS - Get Free Report) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported ($0.44) earnings per share for the quarter, missing the consensus estimate of ($0.41) by ($0.03). The company had revenue of $47.60 million for the quarter, compared to analyst estimates of $95.60 million. Sell-side analysts forecast that Nebius Group N.V. will post -1.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NBIS has been the subject of a number of recent research reports. Wall Street Zen raised Nebius Group from a "sell" rating to a "hold" rating in a research report on Monday, August 25th. Arete began coverage on shares of Nebius Group in a research report on Thursday, June 5th. They set a "buy" rating and a $84.00 price objective for the company. BWS Financial boosted their target price on shares of Nebius Group from $80.00 to $90.00 and gave the company a "buy" rating in a research report on Friday, August 8th. The Goldman Sachs Group began coverage on shares of Nebius Group in a research report on Monday, July 14th. They issued a "buy" rating and a $68.00 target price for the company. Finally, Northland Securities set a $47.00 target price on shares of Nebius Group and gave the company an "outperform" rating in a research report on Wednesday, May 21st. Two research analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company's stock. According to MarketBeat, Nebius Group currently has a consensus rating of "Buy" and a consensus target price of $70.80.

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.