Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) rose 2% on Thursday . The company traded as high as $40.38 and last traded at $40.07. Approximately 3,006,373 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 10,544,776 shares. The stock had previously closed at $39.30.
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 research note on Tuesday, January 28th.
Check Out Our Latest Report on Nebius Group
Nebius Group Stock Up 6.7 %
The company has a market capitalization of $10.48 billion, a PE ratio of -78.05 and a beta of 2.57. The business has a 50 day simple moving average of $33.11.
Nebius Group Company Profile
(
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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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