Nebius Group N.V. $NBIS Shares Sold by Hodges Capital Management Inc.

Key Points

• Hodges Capital trimmed its stake in Nebius Group by 84.8%, selling 27,810 shares and leaving it with 5,000 shares (worth $561,000), even as large institutions like BlackRock have substantially increased their Nebius positions.
• Nebius missed Q4 estimates (EPS -$0.69 vs. -$0.42 expected; revenue $227.7M vs. $246.05M expected) and issued heavy FY26 plans—revenue guidance of $3.0B–$3.4B and planned capex of $16B–$20B—which raise dilution and cash-run concerns.
• The stock is volatile but sizable (market cap ~$25.63B, trailing PE -69.73, 52-week range $18.31–$141.10) and carries a consensus analyst rating of “Moderate Buy” with an average price target of $143.22.

Hodges Capital Management Inc. trimmed its holdings in Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 84.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,000 shares of the company's stock after selling 27,810 shares during the quarter. Hodges Capital Management Inc.'s holdings in Nebius Group were worth $561,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. raised its holdings in Nebius Group by 38.5% during the third quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company's stock worth $51,000 after purchasing an additional 125 shares in the last quarter. SlateStone Wealth LLC grew its position in shares of Nebius Group by 2.0% in the 3rd quarter. SlateStone Wealth LLC now owns 10,200 shares of the company's stock valued at $1,145,000 after buying an additional 200 shares during the last quarter. Lodestar Private Asset Management LLC grew its position in shares of Nebius Group by 4.7% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 4,838 shares of the company's stock valued at $543,000 after buying an additional 217 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Nebius Group by 2.5% during the 2nd quarter. PNC Financial Services Group Inc. now owns 9,613 shares of the company's stock worth $532,000 after acquiring an additional 231 shares in the last quarter. Finally, Assetmark Inc. lifted its position in Nebius Group by 102.0% in the second quarter. Assetmark Inc. now owns 602 shares of the company's stock valued at $33,000 after acquiring an additional 304 shares during the last quarter. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Nebius Group Stock Performance

Shares of NBIS stock opened at $101.80 on Thursday. The stock's 50-day moving average price is $92.55 and its 200 day moving average price is $94.38. The company has a quick ratio of 6.57, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $25.63 billion, a PE ratio of -69.73 and a beta of 3.90. Nebius Group N.V. has a 52-week low of $18.31 and a 52-week high of $141.10.

Nebius Group (NASDAQ:NBIS - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported ($0.69) earnings per share for the quarter, missing analysts' consensus estimates of ($0.42) by ($0.27). The company had revenue of $227.70 million for the quarter, compared to analyst estimates of $246.05 million. Nebius Group had a negative return on equity of 11.70% and a net margin of 19.02%. As a group, equities research analysts forecast that Nebius Group N.V. will post -1.1 EPS for the current year.

Wall Street Analysts Forecast Growth

NBIS has been the topic of several research reports. Citizens Jmp initiated coverage on Nebius Group in a report on Wednesday, November 19th. They set a "market outperform" rating and a $175.00 price objective on the stock. Weiss Ratings downgraded Nebius Group from a "hold (c-)" rating to a "sell (d+)" rating in a report on Thursday, January 15th. Northland Securities raised their price target on Nebius Group from $206.00 to $211.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 12th. Compass Point assumed coverage on Nebius Group in a research report on Wednesday. They set a "buy" rating and a $150.00 price target on the stock. Finally, Freedom Capital upgraded Nebius Group to a "strong-buy" rating in a research note on Tuesday, February 3rd. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Nebius Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $143.22.

Nebius Group News Summary

Here are the key news stories impacting Nebius Group this week:

• Positive Sentiment: BlackRock dramatically increased its Nebius stake (reported ~9.43M shares), signaling institutional conviction that management’s large-capex, prepayment-supported buildout is investable. Whale Watching: BlackRock’s Massive Bet on Nebius Group
• Positive Sentiment: Compass Point initiated coverage with a Buy and $150 target (~47% upside from current levels), adding fresh analyst demand and a tangible price target that supports buying interest. Compass Point initiates coverage
• Positive Sentiment: Market and trade-watchers note NVIDIA and other AI ecosystem players retaining Nebius in 13F/portfolio moves, which investors interpret as strategic endorsement of Nebius’ AI-infrastructure positioning. NVIDIA 13F coverage (MarketBeat)
• Positive Sentiment: Multiple bullish media/analyst pieces (Zacks, The Motley Fool and others) highlight Nebius as a vertically integrated AI infrastructure play with large contracted capacity and potential high growth as AI demand accelerates. Zacks: NBIS AI infrastructure piece
• Neutral Sentiment: Valuation discussions surfaced after the pullback — some analyses show the stock is cheaper after the post-earnings swing, but opinions differ on how to value a company in heavy-capex scale-up. Yahoo Finance: Valuation after pullback
• Neutral Sentiment: Summaries and analyst-roundup pieces (e.g., Globe & Mail) provide mixed takeaways from Q4 and the strategic pivot toward adding higher-value software capabilities via acquisitions. Analysts Offer Insights (Globe & Mail)
• Negative Sentiment: Operational/financial risks remain: Q4 missed EPS and revenue estimates and FY26 revenue guidance ($3.0B–$3.4B) came in below some Street estimates; the company also plans $16B–$20B in FY26 capex, raising dilution and cash-run concerns given limited cash on hand. Seeking Alpha: Misses, Guides Low
• Negative Sentiment: Critical takes highlight structural headwinds and execution risk (timing of deployments, customer conversion, and dilution from capital raises) that could pressure the stock if growth or contract prepayments slow. Seeking Alpha: Structural Headwinds

About Nebius Group

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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