Nebius Group N.V. (NASDAQ:NBIS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Nebius Group N.V. (NASDAQ:NBIS) has earned an average recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the stock, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $203.25.

A number of research firms have recently weighed in on NBIS. Wall Street Zen raised Nebius Group from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. DA Davidson lowered Nebius Group from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $200.00 to $250.00 in a research report on Monday, May 18th. Cantor Fitzgerald initiated coverage on Nebius Group in a report on Thursday, April 9th. They set an “overweight” rating and a $129.00 price target on the stock. BWS Financial lifted their price objective on shares of Nebius Group from $130.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Finally, Citigroup increased their target price on shares of Nebius Group from $169.00 to $287.00 and gave the company a “buy” rating in a research report on Friday, May 15th.

Insiders Place Their Bets

In other Nebius Group news, CTO Danila Shtan sold 16,937 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total transaction of $3,987,816.65. Following the completion of the transaction, the chief technology officer directly owned 274,763 shares of the company’s stock, valued at approximately $64,692,948.35. This trade represents a 5.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CRO Marc Boroditsky sold 10,776 shares of Nebius Group stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total value of $2,976,331.20. Following the transaction, the executive owned 26,886 shares in the company, valued at approximately $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 ninety days, insiders sold 685,822 shares of company stock valued at $143,150,295.

Institutional Investors Weigh In On Nebius Group

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Confluence Investment Management LLC increased its stake in Nebius Group by 2.0% in the second quarter. Confluence Investment Management LLC now owns 2,475 shares of the company’s stock valued at $684,000 after acquiring an additional 48 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Nebius Group by 2.7% during the first 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 during the last quarter. Wealth Alliance LLC boosted its holdings in shares of 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 purchasing an additional 80 shares in the last quarter. Aspen Grove Capital LLC increased its stake in shares of Nebius Group by 3.7% in the 1st quarter. Aspen Grove Capital LLC now owns 2,522 shares of the company’s stock valued at $262,000 after purchasing an additional 89 shares during the last quarter. Finally, Allied Private Wealth LLC bought a new position in shares of Nebius Group in the 2nd quarter valued at $25,000. 21.90% of the stock is currently owned by institutional investors.

Nebius Group Stock Performance

Shares of Nebius Group stock traded up $3.45 during trading on Friday, hitting $219.65. 11,462,026 shares of the stock were exchanged, compared to its average volume of 16,635,219. The company has a debt-to-equity ratio of 1.16, a quick ratio of 8.33 and a current ratio of 8.33. Nebius Group has a 12 month low of $43.89 and a 12 month high of $299.86. The stock’s fifty day moving average is $226.38 and its 200 day moving average is $149.41. The stock has a market cap of $55.58 billion, a PE ratio of 70.86 and a beta of 4.10.

Nebius Group (NASDAQ:NBIS) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.81) by $0.58. The firm had revenue of $399.00 million for the quarter, compared to the consensus estimate of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The firm’s quarterly revenue was up 684.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Nebius Group will post -1.91 EPS for the current year.

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.