Nebius Group (NASDAQ:NBIS) Sets New 52-Week High – Still a Buy?

Shares of Nebius Group N.V. (NASDAQ:NBIS) hit a new 52-week high on Wednesday . The company traded as high as $279.80 and last traded at $271.5810, with a volume of 2035862 shares trading hands. The stock had previously closed at $265.10.

Nebius Group News Roundup

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

• Positive Sentiment: Nebius is benefiting from strong investor enthusiasm after its Nasdaq-100 entry, which should drive additional index-fund demand and lift trading interest. Dear Nebius Stock Fans, Mark Your Calendars for June 22
• Positive Sentiment: The company’s $9.3 billion cash reserve is seen as a major support for accelerating AI cloud expansion, especially as demand remains stronger than available capacity. Nebius Amasses $9.3B Cash Reserve: Can It Accelerate AI Buildout?
• Positive Sentiment: Recent coverage highlighted that Nebius is growing revenues at a torrid pace, reinforcing the bull case that the AI cloud business still has room to expand. Nebius Is Up 210% This Year. Here’s Why There’s Still Room for More Upside in 2026.
• Positive Sentiment: Investors are also reacting to Nebius closing its Eigen AI deal and opening new UK data centers, both of which support its infrastructure buildout and AI platform growth. Nebius Group (NBIS) Closes Eigen AI Deal And Opens Three New UK Data Centers
• Neutral Sentiment: Some analysts and commentators say the stock may be approaching fairly valued territory after its huge run, even though they still see upside if ARR keeps growing and AI demand remains strong. Nebius: Time To Sell
• Negative Sentiment: There are also valuation and execution risks, including falling GPU rental prices, weaker AI usage trends, and the challenges of rapidly scaling data-center capacity. Nebius: Time To Sell

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on NBIS shares. Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Freedom Capital cut shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. BNP Paribas Exane began coverage on shares of Nebius Group in a report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price objective for the company. Cantor Fitzgerald started coverage on shares of Nebius Group in a research note on Thursday, April 9th. They issued an “overweight” rating and a $129.00 target price on the stock. Finally, BWS Financial raised their target price on shares of Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s 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 stock has a market cap of $72.54 billion, a PE ratio of 92.48 and a beta of 4.03. The stock’s fifty day moving average is $197.37 and its 200-day moving average is $132.95. The company has a debt-to-equity ratio of 1.16, a current ratio of 8.33 and a quick ratio of 8.33.

Nebius Group (NASDAQ:NBIS) last issued its earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.77) by $0.54. The company 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 revenue for the quarter was up 684.0% compared to the same quarter last year. As a group, equities analysts anticipate that Nebius Group N.V. will post -1.91 EPS for the current year.

Insider Transactions at Nebius Group

In related news, insider Andrey Korolenko sold 500,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $203.24, for a total value of $101,620,000.00. Following the completion of the transaction, the insider directly owned 585,209 shares in the company, valued at approximately $118,937,877.16. This represents a 46.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Elena Bunina sold 10,894 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was 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 trade represents a 50.28% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 700,710 shares of company stock valued at $132,153,501 in the last ninety days.

Institutional Trading of Nebius Group

Hedge funds and other institutional investors have recently modified their holdings of the business. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Nebius Group by 34,371.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 93,762 shares of the company’s stock worth $7,848,000 after buying an additional 93,490 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new stake in Nebius Group in the fourth quarter valued at approximately $24,756,000. Nordea Investment Management AB purchased a new position in Nebius Group in the fourth quarter worth approximately $1,401,000. Geode Capital Management LLC lifted its stake in Nebius Group by 1,095.7% in the fourth 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, State of New Jersey Common Pension Fund D acquired a new position in Nebius Group during the 4th quarter worth approximately $8,111,000. 21.90% of the stock is 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.