Accel Leaders 4 Associates L.P. Invests $96.70 Million in Nebius Group N.V. $NBIS

Key Points

• Accel Leaders 4 Associates L.P. acquired a new stake in Nebius Group N.V. worth approximately $96.7 million, making it the fund's largest holding, representing about 1.95% of Nebius Group's total shares.
• Wall Street analysts have mixed ratings for Nebius Group, with a consensus rating of "Buy" and price targets ranging from $68.00 to $84.00.
• Nebius Group's stock has experienced significant growth, reporting a 385% increase in revenue year-over-year, despite a reported loss of ($0.48) earnings per share in the last quarter.

Accel Leaders 4 Associates L.P. purchased a new stake in Nebius Group N.V. (NASDAQ:NBIS - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 4,580,952 shares of the company's stock, valued at approximately $96,704,000. Nebius Group makes up 100.0% of Accel Leaders 4 Associates L.P.'s investment portfolio, making the stock its biggest holding. Accel Leaders 4 Associates L.P. owned about 1.95% of Nebius Group at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Fifth Lane Capital LP purchased a new stake in shares of Nebius Group during the 1st quarter valued at $1,108,000. Aberdeen Group plc purchased a new position in Nebius Group in the 1st quarter worth approximately $1,121,000. KLCM Advisors Inc. purchased a new position in shares of Nebius Group in the first quarter valued at about $528,000. Ground Swell Capital LLC bought a new stake in shares of Nebius Group in the first quarter worth about $219,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Nebius Group during the 1st quarter valued at about $1,792,000. Institutional investors own 21.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Arete assumed coverage on shares of Nebius Group in a research note on Thursday, June 5th. They set a "buy" rating and a $84.00 target price on the stock. Wall Street Zen lowered shares of Nebius Group from a "hold" rating to a "sell" rating in a research note on Sunday. The Goldman Sachs Group initiated coverage on shares of Nebius Group in a report on Monday, July 14th. They issued a "buy" rating and a $68.00 price objective on the stock. Northland Capmk upgraded shares of Nebius Group to a "strong-buy" rating in a report on Tuesday, May 6th. Finally, Arete Research raised Nebius Group to a "strong-buy" rating in a research report on Thursday, June 5th. One analyst has rated the stock with a sell rating, five have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $70.80.

Nebius Group Trading Up 4.6%

Shares of NASDAQ:NBIS opened at $71.62 on Monday. 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 N.V. has a 1 year low of $14.09 and a 1 year high of $75.96. The company has a market cap of $16.88 billion, a P/E ratio of -125.65 and a beta of 3.36. The stock's fifty day moving average price is $53.50 and its 200-day moving average price is $38.67.

Nebius Group (NASDAQ:NBIS - Get Free Report) last released its quarterly earnings results on Tuesday, May 20th. The company reported ($0.48) earnings per share (EPS) for the quarter. The firm had revenue of $55.30 million during the quarter. The company's revenue for the quarter was up 385 on a year-over-year basis. During the same period in the prior year, the company posted ($0.25) EPS. Sell-side analysts expect that Nebius Group N.V. will post -1.1 earnings per share for the current year.

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.

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