Nebius Group (NASDAQ:NBIS – Get Free Report) had its price objective cut by stock analysts at Citigroup from $324.00 to $265.00 in a research report issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup‘s target price points to a potential upside of 87.25% from the stock’s previous close.
Several other equities analysts have also recently weighed in on NBIS. Rothschild & Co Redburn initiated coverage on Nebius Group in a report on Monday, September 21st. They issued a “sell” rating and a $84.00 price objective for the company. Wall Street Zen raised Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Sunday, August 16th. Zacks Research raised shares of Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 19th. Robert W. Baird boosted their target price on shares of Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a research report on Thursday, August 13th. Finally, BNP Paribas Exane raised shares of Nebius Group from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $260.00 to $399.00 in a report on Thursday, September 24th. Four investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $239.56.
Nebius Group Stock Performance
Shares of NASDAQ:NBIS traded down $10.12 on Wednesday, reaching $141.52. 22,425,972 shares of the company’s stock were exchanged, compared to its average volume of 18,162,902. The company has a fifty day moving average of $206.96 and a 200-day moving average of $177.30. Nebius Group has a twelve month low of $73.52 and a twelve month high of $299.86. The company has a market capitalization of $35.81 billion, a price-to-earnings ratio of -4,715.76 and a beta of 4.63. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 0.82.
Nebius Group (NASDAQ:NBIS – Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.55. The company had revenue of $582.30 million during the quarter, compared to the consensus estimate of $567.91 million. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The firm’s quarterly revenue was up 454% on a year-over-year basis. During the same period in the previous year, the business earned $2.38 earnings per share. On average, research analysts predict that Nebius Group will post -3.19 EPS for the current fiscal year.
Insider Activity at Nebius Group
In related news, Director Arne Grimme purchased 148 shares of the firm’s stock in a transaction that occurred on Wednesday, October 28th. The shares were bought at an average cost of $169.84 per share, with a total value of $25,136.32. Following the acquisition, the director owned 7,899 shares of the company’s stock, valued at $1,341,566.16. This trade represents a 1.91% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Marc Boroditsky sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $211.23, for a total transaction of $1,478,610.00. Following the transaction, the executive owned 7,000 shares of the company’s stock, valued at approximately $1,478,610. This represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have purchased 1,718 shares of company stock valued at $280,207 and have sold 158,823 shares valued at $38,168,832.
Institutional Investors Weigh In On Nebius Group
Several hedge funds have recently modified their holdings of NBIS. Allied Private Wealth LLC bought a new position in Nebius Group in the second quarter valued at about $25,000. Sound Income Strategies LLC grew its holdings in shares of Nebius Group by 62.5% during the first quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. Sarver Vrooman Wealth Advisors bought a new stake in shares of Nebius Group during the second quarter worth about $28,000. GoalVest Advisory LLC bought a new stake in shares of Nebius Group during the second quarter worth about $28,000. Finally, Eastern Bank increased its stake in shares of Nebius Group by 66.3% in the third quarter. Eastern Bank now owns 158 shares of the company’s stock valued at $37,000 after buying an additional 63 shares during the period. Institutional investors and hedge funds own 21.90% of the company’s stock.
Trending Headlines about Nebius Group
Here are the key news stories impacting Nebius Group this week:
- Positive Sentiment: Nebius introduced live GPU spot pricing, capacity-reservation auctions and rebates for committed usage, while expanding grants and founder support for European AI startups. These efforts could improve customer visibility and help attract AI developers. Article: Nebius Group Unveils Live GPU Pricing And Builder Grants In Europe
- Neutral Sentiment: A director’s reported sale of 333 shares was made under a pre-arranged Rule 10b5-1 plan and reduced his holdings by just 0.08%, making it a limited signal about the company’s outlook. Article: Nebius Group Director Sells Shares
- Negative Sentiment: Democratic election victories in Texas have raised investor concerns about tighter oversight or a possible moratorium on data-center development. Texas represents a significant share of planned U.S. data-center power capacity, so restrictions could complicate industry expansion. The concern weighed on Nebius and other AI infrastructure stocks. Article: Texas Election and Planned Data Center Power
- Negative Sentiment: Investors are also questioning whether Nebius can deliver on its ambitious $9 billion annual recurring revenue goal. Rapid capacity expansion requires substantial investment, successful delivery and continued access to financing, raising execution and funding risks. Article: Nebius’s $9 Billion ARR Goal
Nebius Group Company Profile
Nebius Group N.V. is a technology company focused on providing cloud infrastructure and services for artificial intelligence and machine learning applications. Through its Nebius AI division, the company offers access to high-performance computing, graphics processing units (GPUs), storage, networking, and related tools designed to help businesses and developers train, deploy, and operate AI models.
The company also operates or supports other technology businesses, including Toloka, an AI data and evaluation platform; TripleTen, an online education provider focused on technology careers; and Avride, a developer of autonomous driving and delivery technologies.
Featured Articles
- Five stocks we like better than Nebius Group
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Nebius Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nebius Group and related companies with MarketBeat.com's FREE daily email newsletter.
