Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s stock price traded down 7.8% on Thursday . The company traded as low as $26.25 and last traded at $27.81. 8,666,993 shares changed hands during trading, a decline of 15% from the average session volume of 10,171,692 shares. The stock had previously closed at $30.17.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the stock. BWS Financial reaffirmed a "buy" rating and set a $60.00 price objective on shares of Nebius Group in a research report on Tuesday, March 4th. DA Davidson assumed coverage on shares of Nebius Group in a research report on Tuesday, February 25th. They issued a "buy" rating and a $50.00 price target for the company.
Check Out Our Latest Research Report on Nebius Group
Nebius Group Stock Performance
The firm has a market capitalization of $6.59 billion, a P/E ratio of -49.11 and a beta of 2.47. The business's 50-day moving average is $34.96.
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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