Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) shares hit a new 52-week high on Friday . The stock traded as high as $45.10 and last traded at $44.95, with a volume of 6850425 shares changing hands. The stock had previously closed at $41.70.
Analyst Upgrades and Downgrades
Separately, BWS Financial reiterated a "buy" rating and set a $51.00 price target on shares of Nebius Group in a research report on Tuesday, January 28th.
Read Our Latest Research Report on Nebius Group
Nebius Group Trading Down 6.7 %
The stock has a market capitalization of $10.56 billion, a price-to-earnings ratio of -78.65 and a beta of 2.57. The stock has a 50 day moving average of $33.36.
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.
Featured Articles
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 "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.