Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) shares rose 5.6% during trading on Monday . The company traded as high as $40.52 and last traded at $40.28. Approximately 6,264,506 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 10,695,586 shares. The stock had previously closed at $38.13.
Analyst Upgrades and Downgrades
Separately, BWS Financial reaffirmed a "buy" rating and issued a $51.00 target price on shares of Nebius Group in a report on Tuesday, January 28th.
Get Our Latest Stock Report on NBIS
Nebius Group Price Performance
The company has a fifty day moving average of $33.11. The firm has a market capitalization of $10.48 billion, a price-to-earnings ratio of -78.05 and a beta of 2.57.
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.
Further Reading
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