Nebius Group N.V. $NBIS Stock Position Reduced by Janney Montgomery Scott LLC

Key Points

• Janney Montgomery Scott cut its Nebius Group stake by 67.2% in the second quarter, selling 41,677 shares and retaining 20,368 shares valued at $5.625 million.
• Institutional sentiment was mixed: Jennison Associates substantially increased its holdings, while State Street also expanded its position; institutional investors collectively own 21.9% of NBIS.
• Nebius reported strong quarterly growth, with revenue up 454% year over year to $582.3 million and earnings outperforming estimates. Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $226.

Janney Montgomery Scott LLC decreased its position in Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 67.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,368 shares of the company's stock after selling 41,677 shares during the quarter. Janney Montgomery Scott LLC's holdings in Nebius Group were worth $5,625,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in NBIS. State Street Corp raised its position in shares of Nebius Group by 2,391.3% during the 4th quarter. State Street Corp now owns 3,219,326 shares of the company's stock valued at $269,474,000 after acquiring an additional 3,090,103 shares in the last quarter. Capital Research Global Investors acquired a new position in Nebius Group in the fourth quarter worth $231,635,000. Jennison Associates LLC boosted its holdings in Nebius Group by 134.3% in the second quarter. Jennison Associates LLC now owns 3,983,899 shares of the company's stock worth $1,100,233,000 after purchasing an additional 2,283,676 shares during the period. Accel Leaders 3 Associates L.P. acquired a new position in Nebius Group in the fourth quarter worth $188,496,000. Finally, Qube Research & Technologies Ltd bought a new stake in Nebius Group during the third quarter valued at $238,511,000. 21.90% of the stock is currently owned by institutional investors.

More Nebius Group News

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

• Positive Sentiment: Exceptional quarterly growth: Nebius reported revenue of $582.3 million, up 454% year over year, while adjusted EBITDA reached $236 million and annualized revenue run rate approached $3 billion. Its AI Cloud segment grew 514%, exceeding many investor expectations. Nebius Group Q2 2026 Earnings Call Highlights
• Positive Sentiment: Large contracts and expanding capacity: Four AI infrastructure contracts reportedly exceed $1 billion in total value, helping push the contracted power target to 5 gigawatts and supporting a backlog of more than $40 billion. Investors see this as improving multiyear revenue visibility. Nebius Is Up After Multi-Billion AI Cloud Wins
• Positive Sentiment: Analyst optimism: Citigroup raised its target to $324 and maintained a buy rating, while Bank of America lifted its target to $310 and Robert W. Baird raised its target to $340 with an outperform rating. Northland Securities also reiterated its buy rating. Northland Securities Reiterates Buy Rating
• Positive Sentiment: UK expansion and trading momentum: Nebius is deploying NVIDIA-powered infrastructure at Vantage Data Centers’ Newport, Wales campus, expanding access to domestic UK AI compute. A reported “Power Inflow” order-flow signal also attracted momentum traders. Vantage and Nebius Expand UK AI Infrastructure
• Neutral Sentiment: Execution remains central: A capacity auction cleared above prior pricing records, and customer prepayments may fund a substantial portion of planned capital expenditures. These developments improve funding flexibility but increase expectations for timely capacity delivery and sustained premium pricing. Nebius Q3 Auction Broke Its Price Ceiling
• Negative Sentiment: Valuation and balance-sheet risks: Critics argue that Nebius is priced for very strong execution, while debt, asset depreciation and capital intensity could pressure long-term returns. Michael Burry’s reported short position and DA Davidson’s $175 neutral target add a bearish counterpoint. The Neoclouds Are a Trade, Not an Investment

Insider Activity at Nebius Group

In related news, CEO Arkadiy Volozh sold 46,627 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total value of $10,978,327.15. Following the sale, the chief executive officer owned 821,662 shares of the company's stock, valued at $193,460,317.90. This trade represents a 5.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CRO Marc Boroditsky sold 10,776 shares of Nebius Group stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $2,976,331.20. Following the completion of the sale, the executive owned 26,886 shares in the company, valued at approximately $7,425,913.20. This represents a 28.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 136,310 shares of company stock valued at $32,569,613.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NBIS. Citizens Jmp increased their target price on shares of Nebius Group from $175.00 to $270.00 and gave the stock a "market outperform" rating in a report on Thursday, May 14th. BNP Paribas Exane started coverage on shares of Nebius Group in a report on Tuesday, June 2nd. They issued a "neutral" rating and a $255.00 price target for the company. Robert W. Baird boosted their price objective on shares of Nebius Group from $250.00 to $340.00 and gave the company an "outperform" rating in a research report on Thursday. Freedom Capital raised shares of Nebius Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 20th. Finally, Zacks Research lowered shares of Nebius Group from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $226.00.

Nebius Group Trading Up 8.8%

NASDAQ:NBIS opened at $277.58 on Friday. The firm has a market capitalization of $70.23 billion, a P/E ratio of -9,249.58 and a beta of 4.23. The business has a 50 day simple moving average of $222.53 and a 200 day simple moving average of $168.13. The company has a debt-to-equity ratio of 0.82, a current ratio of 4.03 and a quick ratio of 8.33. Nebius Group N.V. has a 12-month low of $62.01 and a 12-month high of $299.86.

Nebius Group (NASDAQ:NBIS - Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.67) by $0.55. The firm had revenue of $582.30 million for the quarter, compared to analyst estimates of $567.91 million. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%.The firm's revenue for the quarter was up 454% on a year-over-year basis. During the same period last year, the company earned $2.38 earnings per share. Equities research analysts predict that Nebius Group N.V. will post -3.91 EPS 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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