Left Brain Wealth Management LLC Makes New Investment in Nebius Group N.V. $NBIS

Key Points

• Left Brain Wealth Management initiated a new position in Nebius, buying 16,475 shares worth about $912,000 in Q2, while other institutions made larger moves — notably JPMorgan increased its stake to 848,336 shares (adding 634,838 shares) worth roughly $46.94 million; institutional ownership stands at 21.90%.
• Analyst sentiment is broadly positive with two Strong Buy, seven Buy and two Hold ratings, giving Nebius an average rating of Buy and an average price target of $144.71.
• NBIS opened at $83.26 (12-month range $18.31–$141.10) with a market cap of $19.63 billion, a negative P/E of -108.13, very high liquidity ratios (quick/current 14.70) and a beta of 3.29, indicating volatility.

Left Brain Wealth Management LLC bought a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 16,475 shares of the company's stock, valued at approximately $912,000.

Other large investors also recently made changes to their positions in the company. Tableaux LLC acquired a new position in shares of Nebius Group during the 2nd quarter valued at about $4,426,000. JPMorgan Chase & Co. boosted its position in Nebius Group by 297.4% during the second quarter. JPMorgan Chase & Co. now owns 848,336 shares of the company's stock worth $46,938,000 after purchasing an additional 634,838 shares during the period. Handelsbanken Fonder AB bought a new stake in Nebius Group during the second quarter worth approximately $2,490,000. Nicholas Wealth LLC. acquired a new position in Nebius Group during the second quarter valued at approximately $230,000. Finally, TD Waterhouse Canada Inc. raised its position in shares of Nebius Group by 53.7% in the second quarter. TD Waterhouse Canada Inc. now owns 8,549 shares of the company's stock valued at $473,000 after purchasing an additional 2,987 shares during the period. Institutional investors own 21.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on NBIS. DA Davidson restated a "buy" rating and issued a $150.00 price objective on shares of Nebius Group in a research note on Wednesday, November 12th. Northland Securities boosted their target price on shares of Nebius Group from $206.00 to $211.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 12th. Weiss Ratings restated a "hold (c+)" rating on shares of Nebius Group in a report on Tuesday, November 11th. BWS Financial reiterated a "buy" rating and issued a $130.00 price objective on shares of Nebius Group in a research note on Thursday, November 13th. Finally, Seaport Res Ptn upgraded Nebius Group to a "hold" rating in a research note on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $144.71.

Nebius Group Stock Down 1.6%

NBIS stock opened at $83.26 on Friday. Nebius Group N.V. has a twelve month low of $18.31 and a twelve month high of $141.10. The company has a quick ratio of 14.70, a current ratio of 14.70 and a debt-to-equity ratio of 0.31. The company has a market cap of $19.63 billion, a PE ratio of -108.13 and a beta of 3.29. The business's 50-day simple moving average is $110.11 and its 200 day simple moving average is $73.36.

Nebius Group 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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