Nebius Group (NASDAQ:NBIS) Shares Up 6.6% - What's Next?

Key Points

• Shares rose 6.6% to about $154.56 on Monday on heavy trading (23.28M shares, +51% vs. average), and analysts collectively rate the stock a "Moderate Buy" with an average target of $154.75 while firms like DA Davidson and BWS raised targets to $200.
• Nebius reported a quarterly EPS miss (‑$0.69 vs. ‑$0.42 expected) and negative P/E, with analysts forecasting a ~‑1.1 EPS for the year, and the company has seen notable insider selling (105,180 shares sold worth ~$10.9M over 90 days).

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) shot up 6.6% during trading on Monday . The stock traded as high as $159.50 and last traded at $154.56. 23,283,283 shares changed hands during mid-day trading, an increase of 51% from the average session volume of 15,386,343 shares. The stock had previously closed at $144.97.

Wall Street Analysts Forecast Growth

Several brokerages have commented on NBIS. DA Davidson lifted their price target on Nebius Group from $150.00 to $200.00 and gave the stock a "buy" rating in a research report on Monday, March 16th. Morgan Stanley began coverage on Nebius Group in a research report on Thursday, January 15th. They issued an "equal weight" rating and a $126.00 price target on the stock. BWS Financial lifted their price target on Nebius Group from $130.00 to $200.00 and gave the stock a "buy" rating in a research report on Monday, March 16th. Weiss Ratings downgraded Nebius Group from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, January 15th. Finally, Compass Point began coverage on Nebius Group in a research report on Wednesday, February 18th. They set a "buy" rating and a $150.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $154.75.

Nebius Group Trading Up 6.6%

The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 6.57. The company has a market cap of $38.92 billion, a price-to-earnings ratio of -105.86 and a beta of 4.20. The business has a 50 day simple moving average of $103.63 and a 200 day simple moving average of $102.76.

Nebius Group (NASDAQ:NBIS - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported ($0.69) EPS for the quarter, missing analysts' consensus estimates of ($0.42) by ($0.27). The business had revenue of $227.70 million during the quarter, compared to analyst estimates of $246.05 million. Nebius Group had a negative return on equity of 11.70% and a net margin of 19.02%. As a group, equities analysts forecast that Nebius Group N.V. will post -1.1 EPS for the current year.

Insider Transactions at Nebius Group

In other news, insider Andrey Korolenko sold 31,357 shares of the business's stock in a transaction on Monday, April 6th. The stock was sold at an average price of $111.20, for a total transaction of $3,486,898.40. Following the completion of the sale, the insider owned 585,209 shares in the company, valued at $65,075,240.80. The trade was a 5.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Arkadiy Volozh sold 33,358 shares of the business's stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $103.73, for a total value of $3,460,225.34. Following the sale, the chief executive officer owned 868,289 shares of the company's stock, valued at approximately $90,067,617.97. The trade was a 3.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 105,180 shares of company stock worth $10,944,256 over the last 90 days.

Institutional Investors Weigh In On Nebius Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Creek Drive Management Group LLC bought a new stake in Nebius Group in the fourth quarter valued at about $2,829,000. World Investment Advisors acquired a new position in Nebius Group in the fourth quarter valued at about $816,000. Corient Private Wealth LLC grew its stake in Nebius Group by 162.5% in the fourth quarter. Corient Private Wealth LLC now owns 7,082 shares of the company's stock valued at $593,000 after acquiring an additional 4,384 shares during the period. Hsbc Holdings PLC grew its stake in Nebius Group by 10.5% in the fourth quarter. Hsbc Holdings PLC now owns 104,657 shares of the company's stock valued at $8,853,000 after acquiring an additional 9,969 shares during the period. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Nebius Group in the fourth quarter valued at about $33,000. 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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