Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s stock price traded up 3.3% on Wednesday . The company traded as high as $50.20 and last traded at $49.92. 4,113,179 shares traded hands during trading, a decline of 63% from the average session volume of 11,198,503 shares. The stock had previously closed at $48.33.
Analyst Ratings Changes
Several research analysts have recently issued reports on NBIS shares. Northland Capmk upgraded shares of Nebius Group to a "strong-buy" rating in a research note on Tuesday, May 6th. Wall Street Zen upgraded shares of Nebius Group from a "sell" rating to a "hold" rating in a report on Saturday. Arete Research upgraded Nebius Group to a "strong-buy" rating in a research note on Thursday, June 5th. Northland Securities set a $47.00 target price on Nebius Group and gave the stock an "outperform" rating in a report on Wednesday, May 21st. Finally, Arete began coverage on Nebius Group in a report on Thursday, June 5th. They set a "buy" rating and a $84.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $66.50.
Get Our Latest Research Report on Nebius Group
Nebius Group Price Performance
The stock's 50-day moving average is $34.80 and its two-hundred day moving average is $32.36. The company has a market cap of $11.31 billion, a P/E ratio of 53.90 and a beta of 3.25.
Institutional Trading of Nebius Group
Large investors have recently modified their holdings of the company. IFP Advisors Inc purchased a new position in Nebius Group in the first quarter worth about $25,000. First Horizon Advisors Inc. purchased a new position in shares of Nebius Group in the first quarter worth approximately $33,000. Banque Cantonale Vaudoise bought a new stake in Nebius Group during the first quarter valued at approximately $33,000. Manchester Capital Management LLC purchased a new stake in Nebius Group during the first quarter valued at approximately $34,000. Finally, Whipplewood Advisors LLC bought a new position in Nebius Group in the first quarter worth approximately $36,000. Institutional investors own 21.90% of the company's stock.
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.
Recommended Stories
Before you consider Nebius Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nebius Group wasn't on the list.
While Nebius Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
