Nebius Group (NASDAQ:NBIS) Stock Price Up 2.3% - Here's What Happened

Key Points

• Shares rose 2.3% on Monday to $100.33 (intraday high $100.50) with 8.64 million shares traded, about 43% below the stock's average daily volume.
• Analyst sentiment is mostly positive—two Strong Buy, six Buy and two Hold—giving a consensus target of $144.71 (individual targets range roughly $130–$175), although one outlet recently downgraded the stock to Sell.
• Nebius is an AI/ML technology provider (notably Nebius AI and Toloka AI); it has a $25.26 billion market cap, a negative P/E (-130.3) and a high beta (3.83), indicating elevated volatility.

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s stock price traded up 2.3% during trading on Monday . The company traded as high as $100.50 and last traded at $100.33. 8,643,152 shares were traded during trading, a decline of 43% from the average session volume of 15,102,388 shares. The stock had previously closed at $98.04.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on NBIS. BWS Financial reiterated a "buy" rating and set a $130.00 target price on shares of Nebius Group in a research report on Thursday, November 13th. Citizens Jmp assumed coverage on Nebius Group in a report on Wednesday, November 19th. They set a "market outperform" rating and a $175.00 price objective on the stock. CICC Research began coverage on Nebius Group in a research note on Tuesday, November 11th. They issued an "outperform" rating and a $143.00 price objective on the stock. DA Davidson reissued a "buy" rating and issued a $150.00 target price on shares of Nebius Group in a report on Wednesday, November 12th. Finally, Wall Street Zen downgraded Nebius Group from a "hold" rating to a "sell" rating in a research report on Saturday, November 15th. Two equities 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's stock. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $144.71.

Nebius Group Stock Performance

The stock has a 50-day moving average of $109.11 and a 200 day moving average of $77.99. The firm has a market capitalization of $25.26 billion, a P/E ratio of -130.30 and a beta of 3.83.

Institutional Trading of Nebius Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Allworth Financial LP raised its holdings in shares of Nebius Group by 37.3% in the third quarter. Allworth Financial LP now owns 4,115 shares of the company's stock valued at $462,000 after buying an additional 1,118 shares during the last quarter. IFP Advisors Inc increased its position in Nebius Group by 152.7% in the 3rd quarter. IFP Advisors Inc now owns 10,273 shares of the company's stock valued at $1,153,000 after acquiring an additional 6,208 shares in the last quarter. CIBC Bancorp USA Inc. bought a new position in shares of Nebius Group in the third quarter worth about $5,705,000. Sunbelt Securities Inc. bought a new position in shares of Nebius Group in the third quarter worth about $54,000. Finally, Coldstream Capital Management Inc. acquired a new position in shares of Nebius Group during the third quarter worth approximately $596,000. 21.90% of the stock is currently owned by institutional investors and hedge funds.

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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