Nebius Group (NASDAQ:NBIS) Shares Up 3.5% – Time to Buy?

Nebius Group N.V. (NASDAQ:NBIS)’s stock price traded up 3.5% during mid-day trading on Friday . The stock traded as high as $186.77 and last traded at $177.71. 24,311,448 shares were traded during mid-day trading, an increase of 47% from the average session volume of 16,517,961 shares. The stock had previously closed at $171.77.

Key Nebius Group News

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

• Positive Sentiment: Nebius announced a $775 million senior secured debt facility, easing dilution concerns and giving it a clearer path to finance AI cloud expansion. Nebius raises $775 million in first secured debt financing to accelerate global buildout
• Positive Sentiment: The company also landed a reported $1 billion AI contract, reinforcing demand for its computing capacity and supporting the long-term growth narrative. Nebius lands $1 billion AI deal as one major risk looms
• Neutral Sentiment: Nebius has also been pushing an asset-light AI cloud model through partner data centers, which could help it scale faster while preserving cash, but investors are still weighing execution risk and funding needs. Nebius (NBIS) Launches Asset Light AI Cloud Model Through Partner Data Centers
• Negative Sentiment: Despite the rebound, some commentary remains cautious, with broader concerns about AI spending, heavy capex plans, and the stock’s recent volatility keeping pressure on shares. Here’s why IREN, CoreWeave, and Nebius stocks are in free fall

Wall Street Analysts Forecast Growth

NBIS has been the topic of several recent research reports. Freedom Capital cut Nebius Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Citizens Jmp increased their price target on shares of Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a research note on Thursday, May 14th. Citigroup boosted their price objective on shares of Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Bank of America raised their target price on shares of Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Finally, BNP Paribas Exane initiated coverage on Nebius Group in a research report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price target on the stock. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Nebius Group has an average rating of “Moderate Buy” and an average price target of $203.25.

Nebius Group Price Performance

The firm’s fifty day simple moving average is $228.03 and its 200-day simple moving average is $152.91. The firm has a market capitalization of $44.96 billion, a PE ratio of 57.33 and a beta of 4.10. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16.

Nebius Group (NASDAQ:NBIS) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, beating analysts’ consensus estimates of ($0.81) by $0.58. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The firm had revenue of $399.00 million for the quarter, compared to analysts’ expectations of $375.13 million. The business’s revenue was up 684.0% on a year-over-year basis. On average, research analysts forecast that Nebius Group N.V. will post -1.91 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CTO Danila Shtan sold 16,937 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $3,987,816.65. Following the completion of the transaction, the chief technology officer owned 274,763 shares in the company, valued at $64,692,948.35. The trade was a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total value of $416,785.80. Following the transaction, the chief financial officer directly owned 12,672 shares in the company, valued at approximately $3,500,006.40. The trade was a 10.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 668,405 shares of company stock worth $140,422,170.

Institutional Trading of Nebius Group

A number of large investors have recently made changes to their positions in NBIS. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Nebius Group by 34,371.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 93,762 shares of the company’s stock valued at $7,848,000 after buying an additional 93,490 shares during the period. Sumitomo Mitsui Trust Group Inc. bought a new position in Nebius Group in the fourth quarter worth approximately $24,756,000. Nordea Investment Management AB purchased a new position in shares of Nebius Group during the 4th quarter worth $1,401,000. Geode Capital Management LLC boosted its stake in shares of Nebius Group by 1,095.7% during the 4th quarter. Geode Capital Management LLC now owns 2,046,799 shares of the company’s stock worth $169,840,000 after acquiring an additional 1,875,612 shares during the last quarter. Finally, HB Wealth Management LLC bought a new stake in shares of Nebius Group during the 1st quarter valued at $735,000. 21.90% of the stock is currently owned by institutional investors.

About Nebius Group

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.