Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s stock price shot up 6.7% during trading on Monday . The company traded as high as $47.68 and last traded at $44.49. Approximately 34,999,875 shares traded hands during trading, an increase of 211% from the average session volume of 11,253,757 shares. The stock had previously closed at $41.70.
Analysts Set New Price Targets
Separately, BWS Financial increased their target price on Nebius Group from $51.00 to $60.00 and gave the stock a "buy" rating in a report on Friday.
Read Our Latest Research Report on NBIS
Nebius Group Stock Performance
The company has a 50-day simple moving average of $34.19. The firm has a market capitalization of $9.38 billion, a price-to-earnings ratio of -69.88 and a beta of 2.57.
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.
See Also
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
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
