Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) shares rose 7.7% on Thursday . The company traded as high as $33.40 and last traded at $32.02. Approximately 6,139,234 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 10,652,772 shares. The stock had previously closed at $29.73.
Analysts Set New Price Targets
Separately, BWS Financial reiterated a "buy" rating and issued a $51.00 price objective on shares of Nebius Group in a report on Tuesday, January 28th.
View Our Latest Stock Analysis on Nebius Group
Nebius Group Price Performance
The company has a market cap of $8.12 billion, a PE ratio of -60.53 and a beta of 2.58. The stock has a 50-day moving average of $30.98.
About Nebius Group
(
Get Free Report)
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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