State Street Corp Increases Stake in Nebius Group N.V. $NBIS

Key Points

• Institutional ownership increased: State Street raised its Nebius Group stake by 16.2% to 4.07 million shares, while BlackRock and Jennison Associates also expanded their positions. Institutional investors now own 21.9% of NBIS.
• Strong operating momentum: Nebius reported second-quarter revenue of $582.3 million, up 454% year over year, and lost $0.12 per share—better than the expected $0.67 loss. Shares opened at $236.12, near the analyst consensus price target of $232.20.
• Mixed investor signals: Analysts assign NBIS a “Moderate Buy” consensus, but insiders have sold more than $43.6 million of stock in the past 90 days. The company’s outlook is supported by strong AI-compute demand and pricing power, though GPU-price declines, capital needs, and competition remain risks.

State Street Corp raised its holdings in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) by 16.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,069,875 shares of the company's stock after purchasing an additional 568,415 shares during the quarter. State Street Corp owned approximately 1.61% of Nebius Group worth $1,123,977,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of NBIS. BlackRock Inc. raised its holdings in Nebius Group by 16.0% during the 2nd quarter. BlackRock Inc. now owns 11,531,270 shares of the company's stock valued at $3,184,591,000 after acquiring an additional 1,593,684 shares during the period. Situational Awareness LP bought a new stake in shares of Nebius Group during the 2nd quarter valued at $1,232,895,000. Jennison Associates LLC lifted its holdings in Nebius Group by 134.3% during the 2nd 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 in the last quarter. Accel Leaders 4 Associates L.P. bought a new position in Nebius Group in the 2nd quarter worth about $1,012,097,322. Finally, Clear Street Group Inc. grew its holdings in Nebius Group by 95.0% during the 4th quarter. Clear Street Group Inc. now owns 3,511,656 shares of the company's stock valued at $293,943,000 after buying an additional 1,710,924 shares in the last quarter. Hedge funds and other institutional investors own 21.90% of the company's stock.

Nebius Group Stock Performance

NASDAQ NBIS opened at $236.12 on Wednesday. The company has a 50-day simple moving average of $213.38 and a two-hundred day simple moving average of $193.04. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.82. Nebius Group N.V. has a 12-month low of $73.52 and a 12-month high of $299.86. The firm has a market cap of $59.74 billion, a price-to-earnings ratio of -7,868.04 and a beta of 4.23.

Nebius Group (NASDAQ:NBIS - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.67) by $0.55. The firm had revenue of $582.30 million during the quarter, compared to the consensus estimate of $567.91 million. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%.The business's revenue was up 454% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.38 earnings per share. On average, equities analysts forecast that Nebius Group N.V. will post -3.76 EPS for the current year.

Insider Activity at Nebius Group

In other Nebius Group news, CEO Arkadiy Volozh sold 46,627 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $10,978,327.15. Following the completion of the sale, the chief executive officer owned 821,662 shares in the company, valued at approximately $193,460,317.90. This trade represents a 5.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Charles E. Ryan sold 50,000 shares of Nebius Group stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $265.53, for a total value of $13,276,500.00. Following the completion of the sale, the director owned 272,533 shares in the company, valued at approximately $72,365,687.49. This represents a 15.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 182,587 shares of company stock worth $43,618,456 over the last 90 days.

Analysts Set New Price Targets

NBIS has been the topic of several research analyst reports. 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 on the stock. Piper Sandler began coverage on shares of Nebius Group in a research note on Monday, August 3rd. They issued a "neutral" rating and a $224.00 price target for the company. DA Davidson restated a "neutral" rating and set a $175.00 price objective on shares of Nebius Group in a research report on Thursday, August 13th. Zacks Research lowered shares of Nebius Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, July 31st. Finally, Freedom Capital raised Nebius Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 20th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Nebius Group presently has an average rating of "Moderate Buy" and an average price target of $232.20.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Nebius’ planned October 1 price increases and a recent capacity auction reportedly produced stronger-than-expected pricing, signaling that limited AI compute capacity is giving the company short-term pricing power. Nebius: October 1 Price Hikes Confirm Short-Term Pricing Power
• Positive Sentiment: Analysts highlighted a sharp improvement in operating margins, from a 32% loss in the first quarter to nearly breakeven in the second quarter. Nebius’ auction-based and short-term pricing models could further improve unit economics as capacity expands. Nebius Group Results From New Pricing Model Changed My Mind
• Positive Sentiment: Nebius joined the FTSE All-World Index, potentially increasing visibility among global institutional investors and creating incremental demand for NBIS shares. The company’s strong year-to-date and one-year returns remain notable despite its recent pullback. Nebius Group Following FTSE All World Index Inclusion
• Neutral Sentiment: Investment analyses describe Nebius as a potential beneficiary of the neocloud boom, but emphasize that its outlook depends on converting contracted power and GPU capacity into revenue while controlling financing costs and shareholder dilution. Nebius The Capacity Conversion Funnel
• Neutral Sentiment: Comparisons with CoreWeave and other AI cloud providers underscore both strong demand and substantial capital spending. Investors are also assessing whether hyperscalers could eventually compete directly with neocloud companies. CoreWeave Versus Nebius
• Negative Sentiment: Rothschild & Co. Redburn initiated coverage with a Sell rating and an $84 price target, citing the risk that declining GPU prices could weaken Nebius’ pricing power and compress its valuation. Rothschild Redburn Downgrades Nebius
• Negative Sentiment: Chief Revenue Officer Marc Boroditsky reported multiple sales under a pre-arranged Rule 10b5-1 plan. Although scheduled sales do not necessarily indicate weaker confidence, the reduction in his holdings may weigh on sentiment. SEC Insider Transaction Filing

Nebius Group Company Profile

Nebius Group N.V. NASDAQ: NBIS is a technology company focused on artificial intelligence infrastructure and related services. Its principal business is Nebius AI, a cloud platform that provides computing, storage, networking and managed infrastructure designed to support the development and deployment of AI applications, including access to accelerated computing resources.

The company also operates or develops businesses in adjacent technology markets. These include Toloka, which provides data and evaluation services for machine-learning systems; TripleTen, an online education platform offering technology-focused training; and Avride, a developer of autonomous driving and delivery technologies.

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