Nebius Group (NASDAQ:NBIS) Now Covered by BWS Financial

Analysts at BWS Financial assumed coverage on shares of Nebius Group (NASDAQ:NBIS - Get Free Report) in a research report issued to clients and investors on Monday, MarketBeat reports. The brokerage set a "buy" rating and a $51.00 price target on the stock. BWS Financial's target price would indicate a potential upside of 42.78% from the company's previous close.

Nebius Group Price Performance

Nebius Group stock traded up $2.54 during mid-day trading on Monday, hitting $35.72. The stock had a trading volume of 11,134,900 shares, compared to its average volume of 6,837,709. The company has a 50 day moving average of $26.22. The stock has a market cap of $12.91 billion, a price-to-earnings ratio of -62.67 and a beta of 2.63. Nebius Group has a one year low of $14.09 and a one year high of $38.69.

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.