Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) shot up 5.6% on Tuesday . The company traded as high as $22.04 and last traded at $22.28. 4,847,496 shares were traded during mid-day trading, a decline of 54% from the average session volume of 10,639,603 shares. The stock had previously closed at $21.11.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. DA Davidson began coverage on shares of Nebius Group in a research note on Tuesday, February 25th. They issued a "buy" rating and a $50.00 price target for the company. BWS Financial reiterated a "buy" rating and issued a $60.00 target price on shares of Nebius Group in a research report on Tuesday, March 4th.
View Our Latest Research Report on Nebius Group
Nebius Group Trading Down 6.8 %
The company has a market capitalization of $4.78 billion, a P/E ratio of -35.60 and a beta of 2.47. The stock's fifty day moving average is $31.57 and its 200 day moving average is $27.32.
Institutional Investors Weigh In On Nebius Group
An institutional investor recently bought a new position in Nebius Group stock. Centaurus Financial Inc. acquired a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 343,130 shares of the company's stock, valued at approximately $9,505,000. Centaurus Financial Inc. owned approximately 0.15% of Nebius Group as of its most recent filing with the SEC. 21.90% of the stock is currently owned by institutional investors.
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.
Featured Stories
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
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
