Shares of Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) were up 1% during trading on Friday . The stock traded as high as $28.35 and last traded at $27.08. Approximately 4,240,340 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 10,201,653 shares. The stock had previously closed at $26.80.
Analyst Ratings Changes
Several equities analysts have recently commented on NBIS shares. 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 price objective on the stock. BWS Financial restated a "buy" rating and issued a $60.00 price objective on shares of Nebius Group in a report on Tuesday, March 4th.
Check Out Our Latest Analysis on NBIS
Nebius Group Price Performance
The company has a fifty day moving average of $34.96. The company has a market cap of $6.17 billion, a PE ratio of -45.98 and a beta of 2.47.
About Nebius Group
(
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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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