Nebius Group (NBIS) to Release Quarterly Earnings on Thursday

Nebius Group (NASDAQ:NBIS - Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, February 20th. Analysts expect Nebius Group to post earnings of ($0.39) per share and revenue of $5.66 billion for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

Nebius Group Trading Down 13.9 %

NBIS traded down $6.42 on Friday, reaching $39.83. 22,048,021 shares of the company traded hands, compared to its average volume of 13,283,659. Nebius Group has a one year low of $14.09 and a one year high of $50.87. The firm has a fifty day moving average price of $34.37. The firm has a market capitalization of $9.38 billion, a P/E ratio of -69.88 and a beta of 2.57.

Wall Street Analyst Weigh In

Separately, BWS Financial lifted their price objective on shares of Nebius Group from $51.00 to $60.00 and gave the company a "buy" rating in a report on Friday.

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.