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Nebius Group (NASDAQ:NBIS) Sets New 12-Month High - Time to Buy?

Nebius Group logo with Computer and Technology background

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.

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