Nebius Group (NASDAQ:NBIS) Stock Gets Price Target Reduction from Piper Sandler

Nebius Group (NASDAQ:NBIS) had its target price cut by Piper Sandler from $237.00 to $185.00 in a report released on Wednesday morning,Benzinga reports. They currently have a neutral rating on the stock.

NBIS has been the topic of several other research reports. Weiss Ratings downgraded Nebius Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, October 15th. President Capital began coverage on Nebius Group in a research note on Tuesday, June 30th. They issued a “buy” rating for the company. William Blair started coverage on Nebius Group in a research note on Wednesday, September 30th. They issued an “outperform” rating for the company. Rosenblatt Securities assumed coverage on Nebius Group in a report on Thursday, October 8th. They issued a “buy” rating and a $304.00 price target for the company. Finally, Citigroup raised their price target on Nebius Group from $278.00 to $324.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Four analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $243.25.

Nebius Group Stock Performance

Shares of NASDAQ:NBIS opened at $158.74 on Wednesday. The company has a 50 day moving average price of $216.81 and a two-hundred day moving average price of $208.87. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.82. Nebius Group has a 52 week low of $73.52 and a 52 week high of $299.86.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $567.91 million. During the same period last year, the firm posted $2.38 earnings per share. The business’s quarterly revenue was up 454% compared to the same quarter last year. As a group, analysts forecast that Nebius Group will post -3.19 EPS for the current year.

Insider Buying and Selling

In related news, Director Charles E. Ryan sold 50,000 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $265.53, for a total transaction of $13,276,500.00. Following the sale, the director directly owned 272,533 shares in the company, valued at $72,365,687.49. This trade represents a 15.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Danila Shtan sold 14,546 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $234.16, for a total transaction of $3,406,091.36. Following the sale, the chief technology officer owned 260,217 shares in the company, valued at approximately $60,932,412.72. The trade was a 5.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have acquired 595 shares of company stock valued at $100,030 and have sold 158,490 shares valued at $38,111,200.

Hedge Funds Weigh In On Nebius Group

A number of large investors have recently added to or reduced their stakes in the company. Allied Private Wealth LLC bought a new stake in shares of Nebius Group in the second quarter valued at about $25,000. Sarver Vrooman Wealth Advisors acquired a new position in shares of Nebius Group during the second quarter worth about $28,000. GoalVest Advisory LLC bought a new position in shares of Nebius Group during the second quarter worth about $28,000. Wealth Enhancement Trust Services Inc. grew its holdings in shares of Nebius Group by 227.1% during the third quarter. Wealth Enhancement Trust Services Inc. now owns 157 shares of the company’s stock worth $37,000 after buying an additional 109 shares in the last quarter. Finally, Eastern Bank grew its holdings in shares of Nebius Group by 66.3% during the third quarter. Eastern Bank now owns 158 shares of the company’s stock worth $37,000 after buying an additional 63 shares in the last quarter. Institutional investors own 21.90% of the company’s stock.

Key Nebius Group News

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

• Positive Sentiment: Nebius secured a $3.5 billion senior secured bridge facility from Citi to fund data-center development, GPU purchases and corporate needs. The financing provides capital to expand its NVIDIA-powered AI cloud footprint and could support long-term revenue growth. Reuters report on Nebius’ Citi facility
• Positive Sentiment: Management is increasing transparency and customer flexibility through live GPU spot pricing and capacity-rebate programs. Its expanded NVIDIA collaboration, including secure AI-agent deployment and robotics initiatives, may help demonstrate demand for Nebius’ infrastructure. Nebius AI infrastructure expansion
• Positive Sentiment: One Wall Street ratings firm reportedly sees potential for roughly 2.5-times returns after the recent selloff, while broader bullish commentary argues that AI infrastructure spending remains in its early stages. Wall Street outlook for Nebius
• Neutral Sentiment: Nebius briefly participated in a broader cloud-sector rebound, but the move has not eliminated concerns about valuation, execution and financing. Its prior quarter showed revenue growth of 454% year over year and an adjusted loss better than estimates, although profitability remains limited.
• Negative Sentiment: The Citi facility intensified concerns that Nebius is relying on debt to finance a capital-intensive buildout. Investors are also watching the possibility of additional asset-backed borrowing, elevated borrowing costs and a funding gap across AI data-center companies. Nebius debt concerns
• Negative Sentiment: Piper Sandler issued a pessimistic outlook and cut its price target from $237 to $185 while maintaining a neutral rating. The action adds pressure after Nebius lost substantial value from its peak. Piper Sandler forecast for Nebius
• Negative Sentiment: Short sellers have profited from declines in AI data-center stocks, and distress in comparable company CoreWeave’s bonds has raised fears that high capital expenditures, excess capacity and weak financing conditions could spread across the neocloud industry. Short-selling pressure on AI data-center stocks

Nebius Group Company Profile

Nebius Group N.V. is a technology company focused on providing cloud infrastructure and services for artificial intelligence and machine learning applications. Through its Nebius AI division, the company offers access to high-performance computing, graphics processing units (GPUs), storage, networking, and related tools designed to help businesses and developers train, deploy, and operate AI models.

The company also operates or supports other technology businesses, including Toloka, an AI data and evaluation platform; TripleTen, an online education provider focused on technology careers; and Avride, a developer of autonomous driving and delivery technologies.