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Nebius Group (NASDAQ:NBIS) Shares Gap Up - Still a Buy?

Nebius Group logo with Computer and Technology background

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $31.22, but opened at $32.37. Nebius Group shares last traded at $33.71, with a volume of 1,529,877 shares changing hands.

Nebius Group Stock Performance

The firm has a market capitalization of $11.40 billion, a P/E ratio of -55.33 and a beta of 2.63. The company's fifty day simple moving average is $25.44.

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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