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Nebius Group (NASDAQ:NBIS) Hits New 52-Week High - Here's Why

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 trading hands. The stock had previously closed at $41.70.

Analyst Ratings Changes

Separately, BWS Financial restated a "buy" rating and set a $51.00 price objective on shares of Nebius Group in a report on Tuesday, January 28th.

Check Out Our Latest Stock Analysis on Nebius Group

Nebius Group Price Performance

The company has a market cap of $10.48 billion, a price-to-earnings ratio of -78.05 and a beta of 2.57. The business has a 50 day moving average price of $33.11.

About Nebius Group

(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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