Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) saw unusually large options trading on Thursday. Investors bought 155,601 call options on the stock. This represents an increase of 162% compared to the average daily volume of 59,424 call options.
Nebius Group Price Performance
NBIS traded up $1.98 on Friday, reaching $48.28. The company's stock had a trading volume of 19,881,098 shares, compared to its average volume of 10,953,291. The stock has a market cap of $11.38 billion, a price-to-earnings ratio of -84.70 and a beta of 3.25. Nebius Group has a 1 year low of $14.09 and a 1 year high of $50.87. The business's 50 day moving average is $29.21 and its 200 day moving average is $30.53.
Analyst Ratings Changes
Several equities research analysts have commented on the company. DA Davidson set a $45.00 price target on Nebius Group and gave the stock a "buy" rating in a research note on Monday, May 19th. Arete initiated coverage on Nebius Group in a research note on Thursday. They issued a "buy" rating and a $84.00 target price for the company. Northland Securities set a $47.00 target price on Nebius Group and gave the company an "outperform" rating in a research note on Wednesday, May 21st. BWS Financial reiterated a "buy" rating and issued a $60.00 target price on shares of Nebius Group in a research note on Wednesday, May 21st. Finally, Arete Research upgraded Nebius Group to a "strong-buy" rating in a research note on Thursday. Four research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $59.00.
Get Our Latest Report on Nebius Group
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of NBIS. Centaurus Financial Inc. purchased a new position in Nebius Group in the fourth quarter valued at about $9,505,000. GAMMA Investing LLC purchased a new position in Nebius Group in the first quarter valued at about $80,000. Whipplewood Advisors LLC purchased a new position in Nebius Group in the first quarter valued at about $36,000. Intellectus Partners LLC bought a new position in Nebius Group during the 1st quarter worth approximately $570,000. Finally, SeaCrest Wealth Management LLC bought a new position in Nebius Group during the 1st quarter worth approximately $453,000. Hedge funds and other institutional investors own 21.90% of the company's stock.
About Nebius Group
(
Get Free Report)
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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