Venture Visionary Partners LLC Takes $1.21 Million Position in Nebius Group N.V. $NBIS

Key Points

• Venture Visionary Partners LLC acquired 57,236 shares in Nebius Group N.V. during Q1, valued at approximately $1,208,000.
• Analysts have differing views on Nebius Group, with BWS Financial raising its price target to $90.00 while Wall Street Zen downgraded the stock to a "sell" rating.
• Nebius Group reported $55.30 million in revenue for Q1, showing a significant increase of 385% compared to the same quarter last year.

Venture Visionary Partners LLC bought 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 13F filing with the Securities and Exchange Commission. The fund bought 57,236 shares of the company's stock, valued at approximately $1,208,000.

A number of other hedge funds have also recently modified their holdings of the business. Accel Leaders 4 Associates L.P. bought a new stake in shares of Nebius Group during the 1st quarter valued at $96,704,000. Invesco Ltd. bought a new stake in shares of Nebius Group during the 1st quarter valued at $73,782,000. Greenwoods Asset Management Hong Kong Ltd. bought a new stake in shares of Nebius Group during the 1st quarter valued at $46,822,000. Burkehill Global Management LP bought a new position in Nebius Group in the 1st quarter worth about $18,476,000. Finally, WCM Investment Management LLC bought a new position in Nebius Group in the 1st quarter worth about $11,998,000. Institutional investors own 21.90% of the company's stock.

Wall Street Analysts Forecast Growth

NBIS has been the topic of a number of analyst reports. DA Davidson upped their price target on shares of Nebius Group from $55.00 to $65.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. BWS Financial upped their price target on shares of Nebius Group from $80.00 to $90.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Wall Street Zen cut shares of Nebius Group from a "hold" rating to a "sell" rating in a research note on Sunday, August 17th. Northland Capmk upgraded shares of Nebius Group to a "strong-buy" rating in a research note on Tuesday, May 6th. Finally, The Goldman Sachs Group started coverage on shares of Nebius Group in a research note on Monday, July 14th. They issued a "buy" rating and a $68.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $70.80.

Nebius Group Stock Performance

NBIS traded up $2.80 during midday trading on Friday, hitting $68.98. 10,982,560 shares of the company traded hands, compared to its average volume of 13,963,645. The company has a quick ratio of 14.70, a current ratio of 14.70 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $16.26 billion, a PE ratio of -121.02 and a beta of 3.36. The company's 50-day moving average is $55.29 and its 200 day moving average is $39.81. Nebius Group N.V. has a 52 week low of $14.09 and a 52 week high of $75.96.

Nebius Group (NASDAQ:NBIS - Get Free Report) last released its quarterly earnings results on Tuesday, May 20th. The company reported ($0.48) EPS for the quarter. The firm had revenue of $55.30 million for the quarter. During the same quarter last year, the company posted ($0.25) earnings per share. The firm's revenue was up 385 compared to the same quarter last year. On average, research analysts expect 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.