Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s stock price was down 5.8% on Friday . The company traded as low as $18.98 and last traded at $20.51. Approximately 5,642,782 shares were traded during trading, a decline of 48% from the average daily volume of 10,770,945 shares. The stock had previously closed at $21.77.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on NBIS. DA Davidson started coverage on shares of Nebius Group in a report on Tuesday, February 25th. They issued a "buy" rating and a $50.00 target price 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.
View Our Latest Analysis on NBIS
Nebius Group Stock Performance
The stock has a market capitalization of $4.72 billion, a P/E ratio of -35.19 and a beta of 2.54. The stock has a 50-day moving average price of $31.08 and a two-hundred day moving average price of $27.35.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Nebius Group stock. Centaurus Financial Inc. purchased a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 343,130 shares of the company's stock, valued at approximately $9,505,000. Centaurus Financial Inc. owned 0.15% of Nebius Group at the end of the most recent reporting period. 21.90% of the stock is owned by hedge funds and other institutional investors.
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.
Featured Articles
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
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
