Nebius Group N.V. $NBIS Stock: Pinnacle Associates Ltd. Decreases Position

Pinnacle Associates Ltd. cut its position in shares of Nebius Group N.V. (NASDAQ:NBIS) by 25.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 56,994 shares of the company’s stock after selling 19,806 shares during the period. Pinnacle Associates Ltd.’s holdings in Nebius Group were worth $13,444,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allied Private Wealth LLC purchased a new position in Nebius Group during the 2nd quarter valued at approximately $25,000. Sarver Vrooman Wealth Advisors bought a new stake in Nebius Group in the 2nd quarter worth approximately $28,000. GoalVest Advisory LLC purchased a new stake in shares of Nebius Group during the 2nd quarter worth approximately $28,000. Wealth Enhancement Trust Services Inc. raised its holdings in shares of Nebius Group by 227.1% during the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 157 shares of the company’s stock worth $37,000 after acquiring an additional 109 shares in the last quarter. Finally, Eastern Bank raised its holdings in shares of Nebius Group by 66.3% during the 3rd quarter. Eastern Bank now owns 158 shares of the company’s stock worth $37,000 after acquiring an additional 63 shares in the last quarter. 21.90% of the stock is owned by institutional investors.

Nebius Group Trading Up 0.1%

NBIS opened at $171.57 on Thursday. The firm has a market cap of $43.41 billion, a P/E ratio of -5,717.09 and a beta of 4.18. Nebius Group N.V. has a 12 month low of $73.52 and a 12 month high of $299.86. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 0.82. The stock has a 50-day moving average of $221.10 and a 200 day moving average of $208.87.

Nebius Group (NASDAQ:NBIS) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.67) by $0.55. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%. The company had revenue of $582.30 million for the quarter, compared to analysts’ expectations of $567.91 million. During the same period in the previous year, the firm posted $2.38 earnings per share. The firm’s revenue for the quarter was up 454% on a year-over-year basis. As a group, research analysts forecast that Nebius Group N.V. will post -3.48 EPS for the current year.

Insiders Place Their Bets

In related news, Director Arne Grimme purchased 148 shares of the firm’s stock in a transaction that occurred on Monday, October 19th. The shares were bought at an average price of $169.99 per share, for a total transaction of $25,158.52. Following the acquisition, the director owned 6,329 shares of the company’s stock, valued at approximately $1,075,866.71. This represents a 2.39% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andrey Korolenko sold 29,090 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $234.16, for a total value of $6,811,714.40. Following the completion of the sale, the insider owned 522,248 shares of the company’s stock, valued at approximately $122,289,591.68. This represents a 5.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders purchased 595 shares of company stock worth $100,030 and sold 158,490 shares worth $38,111,200.

Analyst Upgrades and Downgrades

NBIS has been the subject of a number of research reports. Robert W. Baird increased their target price on Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a research report on Thursday, August 13th. Wall Street Zen upgraded shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research report on Sunday, August 16th. DA Davidson restated a “neutral” rating and issued a $175.00 price target on shares of Nebius Group in a research report on Thursday, August 13th. Citigroup upped their price target on shares of Nebius Group from $278.00 to $324.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Finally, Freedom Capital upgraded shares of Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Four equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Nebius Group presently has a consensus rating of “Moderate Buy” and an average price target of $243.25.

Nebius Group News Summary

Here are the key news stories impacting Nebius Group this week:

• Positive Sentiment: Nebius’ Chief Revenue Officer Marc Boroditsky said AI-computing prices continue to rise faster than expected, countering concerns that a supply glut could undermine neocloud economics. SpaceX executives also said new AI-compute deployments are generating payback in less than a year, supporting broader demand for GPU infrastructure. Investors question neocloud business model
• Positive Sentiment: Director Arne Grimme bought a combined 299 shares for roughly $49,700 in transactions on October 20 and 21. Although both purchases were made under a pre-arranged Rule 10b5-1 plan, the increased position provides a modest confidence signal. SEC insider purchase filing
• Positive Sentiment: Nebius announced public live spot pricing for GPU compute and participated in a robotics project with NVIDIA, Sereact, CEVA Logistics and Zalando. Greater pricing transparency and real-world AI deployments could help attract customers and validate its platform. Nebius announces public GPU spot pricing
• Neutral Sentiment: Longer-term bullish commentary argues the AI infrastructure buildout is still in its early stages, with substantial future spending expected on GPUs, data centers, power and networking. However, this view does not resolve Nebius’ near-term profitability and execution requirements.
• Negative Sentiment: Piper Sandler cut its Nebius price target from $237 to $185 and assigned a neutral rating. The downgrade reflects valuation and financing concerns, even though the new target remains above the current trading level. Piper Sandler cuts Nebius target
• Negative Sentiment: Investors remain concerned about debt-funded expansion, heavy capital expenditures and the possibility of excess AI-compute capacity. These concerns have pressured Nebius and CoreWeave despite supportive comments from SpaceX executives. Why CoreWeave and Nebius stocks are under pressure
• Negative Sentiment: Investor Michael Burry’s reported short position in Nebius adds to negative sentiment, while a recent director sale of 7,260 shares worth about $1.29 million reinforces caution. The sale was also made under a pre-arranged trading plan, limiting its significance. Michael Burry shorting Nebius

Nebius Group 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.