BWS Financial reissued their buy rating on shares of Nebius Group (NASDAQ:NBIS - Free Report) in a report published on Tuesday morning,Benzinga reports. BWS Financial currently has a $60.00 price objective on the stock.
Separately, DA Davidson assumed coverage on Nebius Group in a research note on Tuesday, February 25th. They set a "buy" rating and a $50.00 price objective on the stock.
Check Out Our Latest Analysis on NBIS
Nebius Group Price Performance
Shares of NBIS traded up $1.19 during trading hours on Tuesday, reaching $27.99. 11,036,199 shares of the company traded hands, compared to its average volume of 10,269,518. The company has a market cap of $6.59 billion, a PE ratio of -49.11 and a beta of 2.47. Nebius Group has a fifty-two week low of $14.09 and a fifty-two week high of $50.87. The company's fifty day moving average price is $34.96.
About Nebius Group
(
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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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