Traders Buy High Volume of Nebius Group Call Options (NASDAQ:NBIS)

Key Points

• Traders showed significant interest in Nebius Group N.V. (NASDAQ:NBIS) with a 44% increase in call options volume, purchasing 147,122 call options on a recent Friday.
• Shares of Nebius Group rose by 10.5% to $117.26, with trading volume exceeding the average, reaching over 17 million shares.
• Despite reporting a net margin of 99.34% and beating earnings expectations, the company has a high price-to-earnings ratio of -205.72 and is projected to post -1.1 EPS for the current fiscal year.

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) was the recipient of some unusual options trading activity on Friday. Traders purchased 147,122 call options on the stock. This represents an increase of 44% compared to the average daily volume of 102,298 call options.

Nebius Group Trading Up 10.5%

Shares of NBIS traded up $11.10 during mid-day trading on Friday, reaching $117.26. The stock had a trading volume of 17,275,050 shares, compared to its average volume of 14,240,896. The company has a debt-to-equity ratio of 0.31, a current ratio of 14.70 and a quick ratio of 14.70. Nebius Group has a 52-week low of $17.27 and a 52-week high of $141.10. The business's fifty day moving average is $96.03 and its 200 day moving average is $60.54. The firm has a market cap of $27.64 billion, a price-to-earnings ratio of -205.72 and a beta of 3.45.

Nebius Group (NASDAQ:NBIS - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($0.38) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.41) by $0.03. Nebius Group had a net margin of 99.34% and a return on equity of 6.14%. The firm had revenue of $105.10 million during the quarter, compared to analyst estimates of $95.60 million. On average, sell-side analysts predict that Nebius Group will post -1.1 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of NBIS. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Nebius Group during the first quarter worth about $208,000. Oppenheimer Asset Management Inc. purchased a new position in Nebius Group in the first quarter valued at approximately $220,000. Creative Financial Designs Inc. ADV purchased a new position in Nebius Group in the first quarter valued at approximately $57,000. Perpetual Ltd purchased a new position in Nebius Group in the first quarter valued at approximately $362,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Nebius Group during the first quarter worth approximately $1,247,000. Institutional investors and hedge funds own 21.90% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on NBIS. Seaport Res Ptn upgraded shares of Nebius Group to a "hold" rating in a research report on Monday, September 15th. Weiss Ratings restated a "hold (c)" rating on shares of Nebius Group in a research report on Tuesday, October 14th. The Goldman Sachs Group restated a "buy" rating and set a $120.00 price objective on shares of Nebius Group in a research report on Wednesday, September 17th. DA Davidson restated a "buy" rating and set a $75.00 price objective on shares of Nebius Group in a research report on Tuesday, September 9th. Finally, BWS Financial upped their target price on shares of Nebius Group from $90.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, September 9th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $91.20.

Nebius Group Company Profile

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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