Nebius Group (NASDAQ:NBIS) Hits New 12-Month High - What's Next?

Key Points

• Nebius Group hit a new 52-week high of $174.83 on Monday (last trade $172.42) with about 6.39 million shares changing hands, up from a prior close of $154.49.
• Analyst views are mixed but consensus is a Moderate Buy with an average price target of $154.75; notable calls include BWS raising its target to $200 and Citigroup starting coverage at $169, while Morgan Stanley rates it equal-weight at $126 and Wall Street Zen has a strong sell.
• Fundamentals show a $44.42 billion market cap and a negative PE (-120.83) after a quarterly EPS miss (-$0.69 vs. -$0.42 est.) and lower-than-expected revenue, while insiders have sold shares (~129,740 shares, $14.67M) even as several institutions meaningfully increased stakes.

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $174.83 and last traded at $172.4220, with a volume of 6393697 shares traded. The stock had previously closed at $154.49.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. BWS Financial boosted their target price on shares of Nebius Group from $130.00 to $200.00 and gave the stock a "buy" rating in a research report on Monday, March 16th. Citigroup assumed coverage on shares of Nebius Group in a research report on Monday, March 16th. They set a "buy" rating and a $169.00 target price on the stock. Wall Street Zen lowered shares of Nebius Group from a "sell" rating to a "strong sell" rating in a research report on Saturday, April 11th. Weiss Ratings upgraded shares of Nebius Group from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, April 27th. Finally, Morgan Stanley began coverage on shares of Nebius Group in a research report on Thursday, January 15th. They issued an "equal weight" rating and a $126.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $154.75.

Nebius Group Stock Performance

The company has a market capitalization of $44.42 billion, a PE ratio of -120.83 and a beta of 4.03. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.08 and a current ratio of 3.08. The stock's fifty day simple moving average is $120.73 and its 200-day simple moving average is $105.88.

Nebius Group (NASDAQ:NBIS - Get Free Report) last released its earnings results on Thursday, February 12th. The company reported ($0.69) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.42) by ($0.27). The firm had revenue of $227.70 million during the quarter, compared to analysts' expectations of $246.05 million. Nebius Group had a net margin of 19.02% and a negative return on equity of 11.71%. As a group, equities analysts predict that Nebius Group N.V. will post -2.44 earnings per share for the current year.

Insider Activity at Nebius Group

In other news, Director Elena Bunina sold 7,143 shares of the company's stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $140.00, for a total transaction of $1,000,020.00. Following the completion of the transaction, the director owned 51,284 shares of the company's stock, valued at $7,179,760. This represents a 12.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Arkadiy Volozh sold 33,358 shares of the company's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $103.73, for a total transaction of $3,460,225.34. Following the transaction, the chief executive officer directly owned 868,289 shares of the company's stock, valued at approximately $90,067,617.97. This represents a 3.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 129,740 shares of company stock worth $14,672,401.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of NBIS. State Street Corp increased its stake 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 during the last quarter. Capital Research Global Investors acquired a new stake in Nebius Group during the 4th quarter worth approximately $231,635,000. Fred Alger Management LLC increased its position in Nebius Group by 33.4% during the 3rd quarter. Fred Alger Management LLC now owns 10,132,279 shares of the company's stock worth $1,137,551,000 after purchasing an additional 2,536,832 shares in the last quarter. Accel Leaders 3 Associates L.P. acquired a new stake in Nebius Group during the 4th quarter worth approximately $188,496,000. Finally, Qube Research & Technologies Ltd acquired a new stake in Nebius Group during the 3rd quarter worth approximately $238,511,000. Institutional investors and hedge funds own 21.90% of the company's stock.

About Nebius Group

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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