Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $38.90 and last traded at $37.95, with a volume of 2094220 shares changing hands. The stock had previously closed at $36.89.
Analyst Ratings Changes
Separately, BWS Financial began coverage on Nebius Group in a report on Monday. They set a "buy" rating and a $51.00 price target for the company.
Get Our Latest Report on NBIS
Nebius Group Stock Performance
The company has a fifty day moving average price of $27.57. The company has a market cap of $13.04 billion, a P/E ratio of -63.50 and a beta of 2.63.
Nebius Group Company Profile
(
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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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