RFG Advisory LLC Makes New $286,000 Investment in Nebius Group N.V. $NBIS

Key Points

• RFG Advisory LLC has made a new investment of approximately $286,000 in Nebius Group N.V. by acquiring 5,168 shares of the company.
• Analysts have generally rated Nebius Group favorably, with two analysts issuing a Strong Buy rating and the company having a consensus target price of $91.20.
• Nebius Group reported a net margin of 99.34% and revenue of $105.10 million for the latest quarter, surpassing analyst expectations.

RFG Advisory LLC bought a new stake in Nebius Group N.V. (NASDAQ:NBIS - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,168 shares of the company's stock, valued at approximately $286,000.

Other hedge funds have also modified their holdings of the company. GAMMA Investing LLC acquired a new position in Nebius Group during the 1st quarter worth approximately $80,000. PFG Investments LLC purchased a new stake in shares of Nebius Group during the first quarter valued at approximately $860,000. Cambridge Investment Research Advisors Inc. acquired a new position in Nebius Group in the 1st quarter worth $208,000. Oppenheimer Asset Management Inc. purchased a new position in Nebius Group in the 1st quarter valued at about $220,000. Finally, Creative Financial Designs Inc. ADV purchased a new position in Nebius Group in the 1st quarter valued at about $57,000. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NBIS. Wall Street Zen raised Nebius Group from a "sell" rating to a "hold" rating in a research report on Tuesday, September 30th. DA Davidson restated a "buy" rating and set a $75.00 price objective on shares of Nebius Group in a report on Tuesday, September 9th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Nebius Group in a research report on Tuesday, October 14th. Seaport Res Ptn raised shares of Nebius Group to a "hold" rating in a research report on Monday, September 15th. Finally, BWS Financial lifted their price target on shares of Nebius Group from $90.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, September 9th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Nebius Group presently has an average rating of "Buy" and a consensus target price of $91.20.

Nebius Group Stock Performance

NBIS stock opened at $113.44 on Monday. The stock's 50 day simple moving average is $93.37 and its 200 day simple moving average is $58.75. Nebius Group N.V. has a 12-month low of $14.09 and a 12-month high of $141.10. The firm has a market cap of $26.74 billion, a P/E ratio of -199.02 and a beta of 3.45. The company has a current ratio of 14.70, a quick ratio of 14.70 and a debt-to-equity ratio of 0.31.

Nebius Group (NASDAQ:NBIS - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported ($0.38) earnings per share for the quarter, beating the consensus estimate of ($0.41) by $0.03. The firm had revenue of $105.10 million during the quarter, compared to analyst estimates of $95.60 million. Nebius Group had a net margin of 99.34% and a return on equity of 6.14%. As a group, equities research analysts predict that Nebius Group N.V. will post -1.1 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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