Nebius Group (NASDAQ:NBIS) Trading 4.5% Higher - Should You Buy?

Key Points

• Nebius Group's share price increased by 4.5% during trading on Monday, reaching a recent high of $138.53 before closing at $135.46.
• Equity analysts have a generally positive outlook on Nebius Group, with a majority rating it as a "Buy" and price targets ranging from $75.00 to $130.00.
• The company reported a quarterly revenue of $105.10 million, surpassing analyst estimates of $95.60 million, while net profit margins stand at an impressive 99.34%.

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s share price traded up 4.5% during trading on Monday . The stock traded as high as $138.53 and last traded at $135.46. 12,694,876 shares were traded during trading, a decline of 10% from the average session volume of 14,095,900 shares. The stock had previously closed at $129.58.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. The Goldman Sachs Group restated a "buy" rating and set a $120.00 price target on shares of Nebius Group in a research note on Wednesday, September 17th. Weiss Ratings restated a "hold (c+)" rating on shares of Nebius Group in a research note on Saturday, September 27th. BWS Financial upped their price target on Nebius Group from $90.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, September 9th. DA Davidson restated a "buy" rating and set a $75.00 price target on shares of Nebius Group in a research note on Tuesday, September 9th. Finally, Wall Street Zen upgraded Nebius Group from a "sell" rating to a "hold" rating in a research report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $91.20.

Nebius Group Price Performance

The company has a debt-to-equity ratio of 0.31, a current ratio of 14.70 and a quick ratio of 14.70. The stock has a market cap of $31.93 billion, a PE ratio of -237.65 and a beta of 3.45. The company has a 50-day simple moving average of $86.82 and a 200-day simple moving average of $55.16.

Nebius Group (NASDAQ:NBIS - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported ($0.38) earnings per share for the quarter, beating the consensus estimate of ($0.41) by $0.03. The company had revenue of $105.10 million for the quarter, compared to analyst estimates of $95.60 million. Nebius Group had a return on equity of 6.14% and a net margin of 99.34%. Sell-side analysts anticipate that Nebius Group N.V. will post -1.1 EPS for the current fiscal year.

Institutional Trading of Nebius Group

Large investors have recently bought and sold shares of the company. Scientech Research LLC acquired a new stake in Nebius Group in the first quarter valued at $869,000. PFG Investments LLC acquired a new stake in Nebius Group in the first quarter valued at $860,000. DekaBank Deutsche Girozentrale acquired a new stake in Nebius Group in the first quarter valued at $8,519,000. Colonial River Investments LLC acquired a new stake in Nebius Group in the first quarter valued at $330,000. Finally, Hardy Reed LLC acquired a new stake in Nebius Group in the second quarter valued at $365,000. Institutional investors and hedge funds 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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