K.J. Harrison & Partners Inc Takes $1.31 Million Position in Nebius Group N.V. $NBIS

K.J. Harrison & Partners Inc purchased a new stake in shares of Nebius Group N.V. (NASDAQ:NBIS) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,760 shares of the company’s stock, valued at approximately $1,315,000.

A number of other institutional investors also recently bought and sold shares of the stock. B & T Capital Management DBA Alpha Capital Management purchased a new position in Nebius Group during the second quarter worth $392,000. BlackRock Inc. raised its stake in shares of Nebius Group by 16.0% in the second quarter. BlackRock Inc. now owns 11,531,270 shares of the company’s stock valued at $3,184,591,000 after acquiring an additional 1,593,684 shares during the period. Pallas Capital Advisors LLC purchased a new stake in shares of Nebius Group in the second quarter valued at $530,000. Deutsche Bank AG lifted its holdings in shares of Nebius Group by 32.0% in the 2nd quarter. Deutsche Bank AG now owns 811,687 shares of the company’s stock worth $224,164,000 after acquiring an additional 196,888 shares during the last quarter. Finally, Perigon Wealth Management LLC lifted its holdings in shares of Nebius Group by 9.2% in the 2nd quarter. Perigon Wealth Management LLC now owns 5,502 shares of the company’s stock worth $1,520,000 after acquiring an additional 463 shares during the last quarter. 21.90% of the stock is currently owned by institutional investors.

Nebius Group Trading Down 3.2%

NASDAQ NBIS opened at $268.85 on Tuesday. The company’s 50-day moving average price is $223.55 and its 200-day moving average price is $169.88. 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 market cap of $68.02 billion, a PE ratio of -8,958.68 and a beta of 4.23. Nebius Group N.V. has a 12 month low of $62.01 and a 12 month high of $299.86.

Nebius Group (NASDAQ:NBIS) last posted its quarterly earnings results on Wednesday, August 12th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.67) by $0.55. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The company had revenue of $582.30 million for the quarter, compared to the consensus estimate of $567.91 million. During the same quarter last year, the firm posted $2.38 EPS. The firm’s revenue was up 454% compared to the same quarter last year. Equities research analysts forecast that Nebius Group N.V. will post -3.91 earnings per share for the current year.

Key Stories Impacting Nebius Group

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

• Positive Sentiment: Nebius reported quarterly revenue of $582.3 million, up 454% year over year, and adjusted its loss substantially better than analysts expected. Analysts have highlighted a large customer backlog and “backlog-fueled” capacity expansion as evidence that demand remains strong. NBIS jumps premarket as strong Q2 fuels best weekly move since 2024
• Positive Sentiment: New AI-cloud contracts reportedly priced at roughly $20 million to $25 million per megawatt have strengthened the company’s pricing-power narrative. Nebius also raised contracted-power guidance to 5 gigawatts, potentially supporting substantial future revenue growth if it can execute the build-out. Nebius: Pricing Inflection Alters Narrative
• Positive Sentiment: Commentary points to an asset-light strategy, prepayments, partnerships and rising recurring, higher-margin revenue. These factors could improve cash-flow generation and reduce reliance on debt or equity financing as capacity expands. Will Nebius’ Asset-Light Model Drive Further Margin Expansion in 2027?
• Neutral Sentiment: Analyst price-target increases, including a target of $324, and reports that Nebius may bid for Decart AI are supporting investor interest, although neither guarantees additional earnings or a completed transaction. Nebius Group Price Target Raised to $324.00
• Negative Sentiment: Valuation remains the central concern. With a premium sales multiple and expectations for extremely rapid growth, any delay in data-center construction, weaker pricing or slower customer adoption could make the stock vulnerable to a pullback. High capital needs also create potential dilution and financing risk.
• Negative Sentiment: Michael Burry has criticized the economics of AI infrastructure and flagged Nebius’s contract pricing as a warning sign. Other analysts similarly caution that revenue growth may not be sufficient to justify the current valuation, creating the possibility of a “bull trap” if the shares cannot sustain momentum above the $280s. Nebius: Potential Bull Trap

Wall Street Analyst Weigh In

Several equities analysts recently commented on NBIS shares. Robert W. Baird upped their price target on shares of Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. BNP Paribas Exane assumed coverage on shares of Nebius Group in a research note on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price objective for the company. Zacks Research lowered Nebius Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Freedom Capital raised Nebius Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Finally, Piper Sandler assumed coverage on Nebius Group in a report on Monday, August 3rd. They issued a “neutral” rating and a $224.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Nebius Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $226.00.

Insiders Place Their Bets

In other news, Director John Wilson Iv Boynton sold 5,812 shares of Nebius Group stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $253.29, for a total transaction of $1,472,121.48. Following the completion of the sale, the director owned 378,665 shares of the company’s stock, valued at approximately $95,912,057.85. The trade was a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andrey Korolenko sold 33,871 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total value of $7,974,926.95. Following the completion of the sale, the insider owned 551,338 shares of the company’s stock, valued at $129,812,532.10. The trade was a 5.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 136,310 shares of company stock worth $32,569,613.

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.