Nebius Group’s (NBIS) Buy Rating Reiterated at BWS Financial

Nebius Group (NASDAQ:NBIS)‘s stock had its “buy” rating reissued by equities researchers at BWS Financial in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $130.00 target price on the stock. BWS Financial’s price target points to a potential upside of 32.88% from the stock’s previous close.

NBIS has been the subject of a number of other reports. Wall Street Zen downgraded Nebius Group from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. Morgan Stanley assumed coverage on shares of Nebius Group in a research report on Thursday, January 15th. They set an “equal weight” rating and a $126.00 price objective on the stock. CICC Research assumed coverage on shares of Nebius Group in a research note on Tuesday, November 11th. They set an “outperform” rating and a $143.00 target price on the stock. Weiss Ratings lowered Nebius Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, January 15th. Finally, Freedom Capital raised Nebius Group to a “strong-buy” rating in a research note on Tuesday, February 3rd. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $142.38.

Nebius Group Stock Performance

Shares of Nebius Group stock traded down $0.18 on Tuesday, hitting $97.83. 7,738,496 shares of the company’s stock were exchanged, compared to its average volume of 13,568,159. The company has a debt-to-equity ratio of 0.89, a quick ratio of 6.57 and a current ratio of 3.08. The stock has a market capitalization of $24.63 billion, a PE ratio of -126.75 and a beta of 3.91. Nebius Group has a 1 year low of $18.31 and a 1 year high of $141.10. The company has a 50-day simple moving average of $92.37 and a 200-day simple moving average of $94.00.

Nebius Group (NASDAQ:NBIS) last released its earnings results on Thursday, February 12th. The company reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.42) by ($0.27). The company had revenue of $227.70 million for the quarter, compared to analysts’ expectations of $246.05 million. Nebius Group had a net margin of 19.02% and a negative return on equity of 11.70%. As a group, equities analysts anticipate that Nebius Group will post -1.1 EPS for the current year.

Institutional Investors Weigh In On Nebius Group

A number of hedge funds have recently bought and sold shares of NBIS. Oppenheimer Asset Management Inc. boosted its position in shares of Nebius Group by 186.3% during the second quarter. Oppenheimer Asset Management Inc. now owns 29,850 shares of the company’s stock valued at $1,652,000 after buying an additional 19,424 shares during the period. Trek Financial LLC bought a new stake in shares of Nebius Group during the 3rd quarter worth approximately $2,309,000. J.W. Cole Advisors Inc. boosted its holdings in Nebius Group by 123.9% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 33,488 shares of the company’s stock valued at $3,760,000 after acquiring an additional 18,533 shares during the period. Invesco Ltd. grew its position in Nebius Group by 2.7% in the 2nd quarter. Invesco Ltd. now owns 3,587,811 shares of the company’s stock valued at $198,514,000 after acquiring an additional 92,710 shares during the last quarter. Finally, Salem Investment Counselors Inc. lifted its position in shares of Nebius Group by 2,272.7% during the third quarter. Salem Investment Counselors Inc. now owns 26,930 shares of the company’s stock worth $3,023,000 after purchasing an additional 25,795 shares during the last quarter. Hedge funds and other institutional investors own 21.90% of the company’s stock.

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.