Shares of Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $30.17, but opened at $27.77. Nebius Group shares last traded at $27.68, with a volume of 4,881,836 shares.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the stock. BWS Financial reissued a "buy" rating and issued a $60.00 price target on shares of Nebius Group in a report on Tuesday, March 4th. DA Davidson assumed coverage on shares of Nebius Group in a research note on Tuesday, February 25th. They issued a "buy" rating and a $50.00 target price on the stock.
Check Out Our Latest Stock Analysis on Nebius Group
Nebius Group Trading Down 2.9 %
The company has a market capitalization of $5.99 billion, a PE ratio of -44.65 and a beta of 2.47. The business's 50 day moving average price is $34.94.
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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