Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) shares traded down 0.8% during trading on Tuesday . The stock traded as low as $34.73 and last traded at $35.43. 4,138,666 shares changed hands during trading, a decline of 36% from the average session volume of 6,441,820 shares. The stock had previously closed at $35.72.
Analyst Ratings Changes
Separately, BWS Financial assumed coverage on Nebius Group in a research note on Monday. They set a "buy" rating and a $51.00 target price on the stock.
Check Out Our Latest Research Report on NBIS
Nebius Group Trading Up 3.3 %
The company's 50 day moving average price is $26.52. The company has a market cap of $13.34 billion, a price-to-earnings ratio of -64.72 and a beta of 2.63.
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.
Further Reading
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
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
