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Nebius Group (NASDAQ:NBIS) Trading Down 0.1% - Here's What Happened

Nebius Group logo with Computer and Technology background

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s share price fell 0.1% during trading on Thursday . The stock traded as low as $33.25 and last traded at $33.91. 2,409,486 shares changed hands during trading, a decline of 77% from the average session volume of 10,339,217 shares. The stock had previously closed at $33.93.

Analyst Upgrades and Downgrades

Separately, BWS Financial reiterated a "buy" rating and issued a $51.00 price target on shares of Nebius Group in a research note on Tuesday, January 28th.

Check Out Our Latest Report on NBIS

Nebius Group Trading Up 1.5 %

The company has a fifty day moving average of $32.36. The firm has a market capitalization of $9.79 billion, a P/E ratio of -72.99 and a beta of 2.57.

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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