Nebius Group (NASDAQ:NBIS) Shares Down 5.5% - What's Next?

Key Points

• Shares of Nebius Group fell 5.5% intraday, trading as low as $91.16 and last at $94.91 on volume of about 13.25 million shares (roughly 5% above average) after a prior close of $100.43.
• Wall Street consensus is a Moderate Buy with a consensus target of $142.38; analyst ratings range from Strong Buy to Sell and price targets span roughly $126–$175.
• Key fundamentals: market cap about $23.9 billion, negative P/E (-123.26), high volatility (beta 4.00), and 50‑ and 200‑day simple moving averages near $93.77 and $90.36.

Shares of Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) traded down 5.5% during mid-day trading on Thursday . The stock traded as low as $91.16 and last traded at $94.91. 13,253,564 shares changed hands during trading, an increase of 5% from the average session volume of 12,651,952 shares. The stock had previously closed at $100.43.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Citizens Jmp started coverage on Nebius Group in a report on Wednesday, November 19th. They issued a "market outperform" rating and a $175.00 price objective on the stock. BWS Financial restated a "buy" rating and issued a $130.00 price objective on shares of Nebius Group in a report on Thursday, November 13th. DA Davidson reiterated a "buy" rating and issued a $150.00 price target on shares of Nebius Group in a research note on Wednesday, November 12th. CICC Research began coverage on Nebius Group in a research report on Tuesday, November 11th. They set an "outperform" rating and a $143.00 target price on the stock. Finally, Morgan Stanley assumed coverage on shares of Nebius Group in a report on Thursday, January 15th. They issued an "equal weight" rating and a $126.00 target price on the stock. One analyst has 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, Nebius Group currently has an average rating of "Moderate Buy" and a consensus target price of $142.38.

Nebius Group Stock Down 5.5%

The company has a 50 day simple moving average of $93.77 and a 200-day simple moving average of $90.36. The stock has a market cap of $23.90 billion, a price-to-earnings ratio of -123.26 and a beta of 4.00.

Institutional Investors Weigh In On Nebius Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NBIS. Blue Trust Inc. grew its stake in Nebius Group by 73.8% in the 4th quarter. Blue Trust Inc. now owns 332 shares of the company's stock valued at $28,000 after buying an additional 141 shares during the last quarter. Armstrong Advisory Group Inc. grew its position in shares of Nebius Group by 500.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company's stock worth $30,000 after buying an additional 300 shares during the period. Western Pacific Wealth Management LP bought a new stake in Nebius Group in the third quarter valued at about $45,000. Grove Bank & Trust bought a new stake in Nebius Group in the third quarter valued at approximately $50,000. Finally, Signaturefd LLC lifted its holdings in shares of Nebius Group by 125.0% during the 2nd quarter. Signaturefd LLC now owns 450 shares of the company's stock valued at $25,000 after purchasing an additional 250 shares in the last quarter. Hedge funds and other institutional investors 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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