Shares of Nebius Group N.V. (NASDAQ:NBIS – Get Free Report) traded up 2.1% during mid-day trading on Thursday . The company traded as high as $298.80 and last traded at $286.69. Approximately 36,383,883 shares changed hands during trading, an increase of 124% from the average session volume of 16,278,773 shares. The stock had previously closed at $280.91.
Nebius Group News Roundup
Here are the key news stories impacting Nebius Group this week:
- Positive Sentiment: Nebius is benefiting from strong momentum around its AI cloud buildout, with reports highlighting a $9.3 billion cash reserve that could help it expand capacity quickly as demand continues to outstrip supply. Nebius Amasses $9.3B Cash Reserve: Can It Accelerate AI Buildout?
- Positive Sentiment: The stock is also getting a boost from its upcoming addition to the Nasdaq-100 on June 22, which could drive index-fund buying and increase visibility with institutional investors. Dear Nebius Stock Fans, Mark Your Calendars for June 22
- Positive Sentiment: Recent coverage notes Nebius has closed its Eigen AI acquisition and opened new UK data centers, steps that support its AI platform expansion and deepen its infrastructure footprint. Nebius Group (NBIS) Closes Eigen AI Deal And Opens Three New UK Data Centers
- Neutral Sentiment: Analysts and commentators remain divided on valuation: some see room for much higher upside if revenue growth continues, while others warn the stock is approaching fully priced territory after a sharp run-up. Nebius: Time To Sell
- Negative Sentiment: There are still execution risks tied to aggressive data-center expansion, potential GPU pricing pressure, and broader concerns that AI infrastructure spending could eventually normalize. Legendary Short Seller Jim Chanos Issues Dire Prediction
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the company. BWS Financial upped their price objective on Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Citizens Jmp raised their target price on Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a report on Thursday, May 14th. Cantor Fitzgerald started coverage on shares of Nebius Group in a research report on Thursday, April 9th. They set an “overweight” rating and a $129.00 target price on the stock. BNP Paribas Exane assumed coverage on shares of Nebius Group in a research note on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 price target on the stock. Finally, Compass Point assumed coverage on shares of Nebius Group in a report on Wednesday, February 18th. They issued a “buy” rating and a $150.00 price target for the company. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $203.25.
Nebius Group Price Performance
The firm has a market cap of $72.54 billion, a PE ratio of 92.48 and a beta of 4.03. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16. The company has a 50 day moving average price of $193.98 and a 200 day moving average price of $131.60.
Nebius Group (NASDAQ:NBIS – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.77) by $0.54. The firm had revenue of $399.00 million during the quarter, compared to the consensus estimate of $375.13 million. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The firm’s revenue was up 684.0% compared to the same quarter last year. On average, sell-side analysts expect that Nebius Group N.V. will post -1.91 EPS for the current year.
Insiders Place Their Bets
In related news, Director Elena Bunina sold 10,894 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $206.87, for a total value of $2,253,641.78. Following the sale, the director directly owned 10,772 shares of the company’s stock, valued at approximately $2,228,403.64. This represents a 50.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Marc Boroditsky sold 10,776 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $2,976,331.20. Following the transaction, the executive owned 26,886 shares of the company’s stock, valued at $7,425,913.20. This trade represents a 28.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 700,710 shares of company stock valued at $132,153,501.
Institutional Trading of Nebius Group
Large investors have recently modified their holdings of the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of Nebius Group by 2.7% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,977 shares of the company’s stock worth $309,000 after purchasing an additional 79 shares in the last quarter. Wealth Alliance LLC lifted its stake in Nebius Group by 1.6% in the 1st quarter. Wealth Alliance LLC now owns 5,008 shares of the company’s stock valued at $520,000 after buying an additional 80 shares in the last quarter. Aspen Grove Capital LLC grew its holdings in Nebius Group by 3.7% during the 1st quarter. Aspen Grove Capital LLC now owns 2,522 shares of the company’s stock valued at $262,000 after buying an additional 89 shares during the last quarter. WPG Advisers LLC grew its holdings in Nebius Group by 3.6% during the 1st quarter. WPG Advisers LLC now owns 2,799 shares of the company’s stock valued at $290,000 after buying an additional 98 shares during the last quarter. Finally, Harbor Advisors LLC increased its position in Nebius Group by 0.4% during the third quarter. Harbor Advisors LLC now owns 27,600 shares of the company’s stock worth $3,099,000 after buying an additional 100 shares in the last quarter. 21.90% of the stock is currently owned by institutional investors and hedge funds.
Nebius Group Company Profile
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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