Shares of Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) fell 7.1% during trading on Monday . The stock traded as low as $30.01 and last traded at $30.17. 5,508,082 shares traded hands during trading, a decline of 59% from the average session volume of 13,344,477 shares. The stock had previously closed at $32.49.
Wall Street Analysts Forecast Growth
Several research firms have commented on NBIS. DA Davidson began coverage on shares of Nebius Group in a research report on Tuesday, February 25th. They set a "buy" rating and a $50.00 price objective for the company. BWS Financial reiterated a "buy" rating and set a $60.00 price objective on shares of Nebius Group in a research report on Tuesday.
View Our Latest Stock Report on NBIS
Nebius Group Trading Up 4.4 %
The company has a fifty day moving average price of $34.96. The stock has a market cap of $6.59 billion, a PE ratio of -49.11 and a beta of 2.47.
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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