Nebius Group (NASDAQ:NBIS) Shares Down 10.3% - Here's Why

Key Points

• Shares down 10.3% — NBIS fell to $73.87 (intraday low $73.52) on Thursday with about 16.68 million shares traded, a 29% rise versus average volume.
• Analyst sentiment is broadly positive — MarketBeat shows a "Moderate Buy" consensus (2 Strong Buy, 6 Buy, 1 Hold, 1 Sell) and a consensus price target of $142.38, while individual targets range roughly $126–$211.
• Company metrics show high volatility — Nebius Group has a market cap of $18.6 billion, a negative P/E (-95.94), beta 3.90, and the stock trades below its 50- and 200-day moving averages (~$93–$94).

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) shares fell 10.3% during trading on Thursday . The stock traded as low as $73.52 and last traded at $73.87. Approximately 16,682,763 shares traded hands during trading, an increase of 29% from the average daily volume of 12,971,622 shares. The stock had previously closed at $82.39.

Wall Street Analysts Forecast Growth

NBIS has been the topic of a number of recent research reports. Freedom Capital raised Nebius Group to a "strong-buy" rating in a report on Tuesday. Citizens Jmp began coverage on shares of Nebius Group in a research report on Wednesday, November 19th. They issued a "market outperform" rating and a $175.00 price objective on the stock. Northland Securities upped their price objective on shares of Nebius Group from $206.00 to $211.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 12th. Morgan Stanley started coverage on shares of Nebius Group in a research note on Thursday, January 15th. They issued an "equal weight" rating and a $126.00 target price for the company. Finally, DA Davidson reiterated a "buy" rating and set a $150.00 price target on shares of Nebius Group in a research note on Wednesday, November 12th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $142.38.

Nebius Group Stock Down 10.3%

The company has a market cap of $18.60 billion, a price-to-earnings ratio of -95.94 and a beta of 3.90. The business has a fifty day simple moving average of $93.71 and a 200 day simple moving average of $91.59.

Institutional Investors Weigh In On Nebius Group

A number of hedge funds and other institutional investors have recently modified their holdings of NBIS. Oppenheimer Asset Management Inc. grew its holdings in Nebius Group by 186.3% in the second quarter. Oppenheimer Asset Management Inc. now owns 29,850 shares of the company's stock valued at $1,652,000 after purchasing an additional 19,424 shares during the period. Trek Financial LLC acquired a new position in shares of Nebius Group in the 3rd quarter valued at $2,309,000. Invesco Ltd. grew its stake in shares of Nebius Group by 2.7% during the 2nd quarter. Invesco Ltd. now owns 3,587,811 shares of the company's stock valued at $198,514,000 after buying an additional 92,710 shares during the period. MGO One Seven LLC acquired a new stake in shares of Nebius Group during the 2nd quarter worth $255,000. Finally, Salem Investment Counselors Inc. raised its position in shares of Nebius Group by 2,272.7% in the 3rd quarter. Salem Investment Counselors Inc. now owns 26,930 shares of the company's stock worth $3,023,000 after buying an additional 25,795 shares during the period. 21.90% of the stock is currently owned by institutional investors and hedge funds.

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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