Metavasi Capital LP Takes Position in Nebius Group N.V. $NBIS

Key Points

• Metavasi Capital LP has acquired a new stake in Nebius Group N.V., totaling 216,272 shares valued at approximately $4.57 million, making up 2.9% of its portfolio.
• Multiple analysts have given Nebius Group a consensus rating of "Buy", with price targets ranging from $47.00 to $90.00, reflecting strong confidence in the company's future performance.
• Nebius Group reported revenues of $47.60 million and an EPS of ($0.44), missing analyst estimates, with expectations for a negative EPS of -1.1 for the current fiscal year.

Metavasi Capital LP acquired a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 216,272 shares of the company's stock, valued at approximately $4,566,000. Nebius Group accounts for 2.9% of Metavasi Capital LP's portfolio, making the stock its 12th biggest position. Metavasi Capital LP owned about 0.09% of Nebius Group at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of NBIS. Centaurus Financial Inc. acquired a new position in Nebius Group during the fourth quarter worth about $9,505,000. GAMMA Investing LLC acquired a new stake in Nebius Group during the first quarter valued at approximately $80,000. Whipplewood Advisors LLC bought a new stake in Nebius Group during the first quarter worth approximately $36,000. Intellectus Partners LLC acquired a new position in Nebius Group in the first quarter worth approximately $570,000. Finally, SeaCrest Wealth Management LLC bought a new position in shares of Nebius Group in the first quarter valued at $453,000. Institutional investors and hedge funds own 21.90% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. BWS Financial raised their price objective on Nebius Group from $80.00 to $90.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. DA Davidson lifted their price objective on shares of Nebius Group from $55.00 to $65.00 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Arete Research raised Nebius Group to a "strong-buy" rating in a research report on Thursday, June 5th. Arete assumed coverage on Nebius Group in a research report on Thursday, June 5th. They set a "buy" rating and a $84.00 price objective for the company. Finally, Northland Securities set a $47.00 target price on Nebius Group and gave the company an "outperform" rating in a research note on Wednesday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to MarketBeat, Nebius Group presently has a consensus rating of "Buy" and a consensus target price of $70.80.

Nebius Group Stock Performance

Shares of NASDAQ NBIS opened at $68.32 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 one year low of $14.09 and a one year high of $75.96. The business's 50-day moving average price is $57.44 and its two-hundred day moving average price is $40.93. The company has a market capitalization of $16.11 billion, a P/E ratio of -119.86 and a beta of 3.55.

Nebius Group (NASDAQ:NBIS - Get Free Report) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported ($0.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.41) by ($0.03). The firm had revenue of $47.60 million during the quarter, compared to analyst estimates of $95.60 million. Analysts anticipate 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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