Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) shares were up 0% during trading on Thursday . The company traded as high as $24.95 and last traded at $24.71. Approximately 7,298,693 shares changed hands during trading, a decline of 30% from the average daily volume of 10,407,190 shares. The stock had previously closed at $24.71.
Analysts Set New Price Targets
A number of analysts recently commented on NBIS shares. DA Davidson assumed coverage on Nebius Group in a research report on Tuesday, February 25th. They set a "buy" rating and a $50.00 price objective for the company. BWS Financial reiterated a "buy" rating and set a $60.00 price target on shares of Nebius Group in a report on Tuesday, March 4th.
View Our Latest Report on Nebius Group
Nebius Group Price Performance
The stock has a market cap of $5.25 billion, a P/E ratio of -39.14 and a beta of 2.47. The business has a 50 day moving average price of $33.23.
Hedge Funds 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 the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 Securities & Exchange Commission. Institutional investors and hedge funds own 21.90% of the company's stock.
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.
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