Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) shares shot up 6.7% during trading on Friday . The company traded as high as $18.90 and last traded at $18.82. 2,596,437 shares were traded during trading, a decline of 61% from the average session volume of 6,685,459 shares. The stock had previously closed at $17.63.
Nebius Group Price Performance
The stock has a market capitalization of $7.07 billion, a P/E ratio of -32.68 and a beta of 2.63.
Nebius Group (NASDAQ:NBIS - Get Free Report) last posted its earnings results on Tuesday, July 30th. The company reported $0.68 EPS for the quarter. Nebius Group had a positive return on equity of 9.52% and a negative net margin of 2.08%. The business had revenue of $2.75 billion for the quarter.
Nebius Group Company Profile
(
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 "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
