Compagnie Lombard Odier SCmA Has $838,000 Stake in Nebius Group N.V. $NBIS

Key Points

• Compagnie Lombard Odier SCmA reduced its stake in Nebius Group N.V. by 73.3%, now holding 15,139 shares worth approximately $838,000.
• Several analysts have recently raised their price targets on Nebius Group, with BWS Financial increasing theirs from $90.00 to $130.00 and maintaining a "buy" rating.
• Nebius Group reported revenue of $105.10 million for the last quarter, surpassing analyst estimates of $95.60 million.

Compagnie Lombard Odier SCmA reduced its holdings in Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 73.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,139 shares of the company's stock after selling 41,500 shares during the period. Compagnie Lombard Odier SCmA's holdings in Nebius Group were worth $838,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NBIS. IFP Advisors Inc bought a new stake in shares of Nebius Group during the 1st quarter valued at $25,000. SJS Investment Consulting Inc. bought a new stake in Nebius Group in the second quarter valued at about $31,000. First Horizon Advisors Inc. acquired a new position in Nebius Group in the first quarter valued at about $33,000. Banque Cantonale Vaudoise bought a new position in Nebius Group during the first quarter worth about $33,000. Finally, Manchester Capital Management LLC bought a new position in Nebius Group during the first quarter worth about $34,000. Institutional investors and hedge funds own 21.90% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on NBIS shares. BWS Financial upped their price target on Nebius Group from $90.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, September 9th. Arete initiated coverage on shares of Nebius Group in a report on Thursday, June 5th. They set a "buy" rating and a $84.00 price objective for the company. Seaport Res Ptn upgraded shares of Nebius Group to a "hold" rating in a report on Monday, September 15th. Wall Street Zen cut shares of Nebius Group from a "hold" rating to a "sell" rating in a research report on Monday. Finally, The Goldman Sachs Group restated a "buy" rating and issued a $120.00 price objective on shares of Nebius Group in a research report on Wednesday, September 17th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $91.20.

Nebius Group Price Performance

Shares of NASDAQ NBIS opened at $107.80 on Wednesday. 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 business has a 50-day moving average of $69.45 and a 200-day moving average of $46.64. The stock has a market capitalization of $25.41 billion, a price-to-earnings ratio of -189.12 and a beta of 3.55. Nebius Group N.V. has a fifty-two week low of $14.09 and a fifty-two week high of $109.98.

Nebius Group (NASDAQ:NBIS - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($0.38) EPS for the quarter, beating the consensus estimate of ($0.41) by $0.03. The company had revenue of $105.10 million for the quarter, compared to analyst estimates of $95.60 million. As a group, sell-side analysts predict that Nebius Group N.V. will post -1.1 earnings per share for the current fiscal 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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