Shares of Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) rose 6.7% during mid-day 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 daily volume of 11,253,757 shares. The stock had previously closed at $41.70.
Wall Street Analyst Weigh In
Separately, BWS Financial reissued a "buy" rating and set a $51.00 target price on shares of Nebius Group in a report on Tuesday, January 28th.
View Our Latest Research Report on Nebius Group
Nebius Group Stock Performance
The stock's fifty day simple moving average is $34.19. The firm has a market capitalization of $10.89 billion, a price-to-earnings ratio of -81.14 and a beta of 2.57.
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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