Nebius Group (NASDAQ:NBIS) Shares Up 5.3% - Time to Buy?

Key Points

• Shares jumped 5.3% intraday to $90.54 (high $93.69) on a ~77% increase in volume to about 26.24 million shares, indicating heightened trading interest.
• Wall Street analysts carry a consensus Buy rating with an average price target of $139.67, and several firms have issued aggressive targets (e.g., Northland $211, DA Davidson $150, CICC $143).
• Nebius is an AI infrastructure provider (Nebius AI, Toloka AI) with low leverage (debt/equity 0.31), very high liquidity (current and quick ratios 14.70), and roughly 21.9% institutional ownership after recent stake increases by several funds.

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s share price rose 5.3% during mid-day trading on Tuesday . The stock traded as high as $93.69 and last traded at $90.54. Approximately 26,241,806 shares were traded during trading, an increase of 77% from the average daily volume of 14,864,518 shares. The stock had previously closed at $85.98.

Wall Street Analysts Forecast Growth

NBIS has been the topic of several recent analyst reports. DA Davidson restated a "buy" rating and issued a $150.00 target price on shares of Nebius Group in a research note on Wednesday, November 12th. Northland Securities boosted their price target on shares of Nebius Group from $206.00 to $211.00 and gave the company an "outperform" rating in a research report on Wednesday, November 12th. Wall Street Zen cut shares of Nebius Group from a "hold" rating to a "sell" rating in a research note on Saturday. CICC Research initiated coverage on shares of Nebius Group in a research note on Tuesday, November 11th. They issued an "outperform" rating and a $143.00 target price for the company. Finally, Seaport Res Ptn upgraded Nebius Group to a "hold" rating in a research report on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $139.67.

Nebius Group Trading Up 5.3%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 14.70 and a current ratio of 14.70. The company's 50 day moving average price is $110.41 and its 200 day moving average price is $71.91.

Institutional Investors Weigh In On Nebius Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kestra Private Wealth Services LLC boosted its holdings in Nebius Group by 159.3% during the third quarter. Kestra Private Wealth Services LLC now owns 16,972 shares of the company's stock worth $1,905,000 after buying an additional 10,427 shares during the last quarter. Revere Asset Management Inc bought a new stake in shares of Nebius Group in the 3rd quarter valued at about $6,711,000. NewEdge Advisors LLC raised its position in shares of Nebius Group by 1,080.5% in the 3rd quarter. NewEdge Advisors LLC now owns 21,615 shares of the company's stock valued at $2,427,000 after acquiring an additional 19,784 shares during the period. Armistice Capital LLC boosted its stake in Nebius Group by 72.0% during the 3rd quarter. Armistice Capital LLC now owns 213,280 shares of the company's stock worth $23,945,000 after acquiring an additional 89,280 shares during the last quarter. Finally, PDT Partners LLC acquired a new position in Nebius Group during the third quarter valued at approximately $5,378,000. Institutional investors own 21.90% of the company's stock.

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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