Nebius Group (NASDAQ:NBIS) Shares Down 13.9% – Time to Sell?

Shares of Nebius Group N.V. (NASDAQ:NBIS) fell 13.9% during mid-day trading on Thursday . The company traded as low as $169.23 and last traded at $171.77. 25,181,201 shares changed hands during mid-day trading, an increase of 53% from the average daily volume of 16,435,744 shares. The stock had previously closed at $199.51.

More Nebius Group News

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

• Positive Sentiment: Nebius announced an asset-light expansion model that lets infrastructure partners fund and build data centers, which could help it scale AI cloud capacity faster while preserving cash. Nebius Unveils an Asset-Light AI Cloud Model: Key to Faster Growth?
• Positive Sentiment: Momentum in AI computing demand and recent commentary from analysts and investors remain supportive of Nebius’s long-term growth case, with some noting a large contracted backlog and strong demand for its neocloud services. Blueprint for a Billion: Nebius Group Secures the AI Floor
• Neutral Sentiment: Several bullish write-ups and rating updates argued that the recent selloff may have overshot the fundamentals, but they also highlight that expectations are already high after a huge one-year rally. Nebius: Thank You, Mr. Market (Rating Upgrade)
• Neutral Sentiment: One valuation-focused note said Nebius now looks fairly valued rather than undervalued, suggesting the market may be reassessing how much future growth is already priced in. Nebius (NBIS) Stock Looks Fairly Valued As AI Cloud Expansion Draws Interest
• Negative Sentiment: The latest decline was intensified by concerns over Nebius’s massive capex plans and reports of executive stock sales, which raised questions about near-term cash needs and insider confidence. Nebius (NBIS) Stock Plummets 11% on Massive CapEx Plans and Executive Stock Sales
• Negative Sentiment: Broader weakness in the “neocloud” trade and AI data-center stocks is also weighing on Nebius, as investors rotate away from high-multiple AI infrastructure names. Nebius Sinks 13% as the Neocloud Trade Unravels; How CoreWeave, IREN, and the AI Data Center Stocks Stack Up

Analysts Set New Price Targets

Several equities analysts have weighed in on NBIS shares. BNP Paribas Exane began coverage on Nebius Group in a research report on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 price target for the company. Wall Street Zen raised Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Weiss Ratings upgraded Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Citigroup lifted their price objective on Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Finally, Bank of America boosted their target price on shares of Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $203.25.

Nebius Group Trading Down 13.9%

The business has a 50 day simple moving average of $228.28 and a two-hundred day simple moving average of $152.14. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16. The company has a market cap of $43.46 billion, a PE ratio of 55.41 and a beta of 4.10.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, beating analysts’ consensus estimates of ($0.81) by $0.58. The business had revenue of $399.00 million during the quarter, compared to the consensus estimate of $375.13 million. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The company’s quarterly revenue was up 684.0% on a year-over-year basis. On average, analysts forecast that Nebius Group N.V. will post -1.91 EPS for the current fiscal year.

Insider Transactions at Nebius Group

In other Nebius Group news, CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of Nebius Group stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $276.20, for a total value of $416,785.80. Following the completion of the sale, the chief financial officer owned 12,672 shares in the company, valued at $3,500,006.40. The trade was a 10.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John Wilson Iv Boynton sold 5,812 shares of the company’s stock in a transaction dated 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 transaction, the director directly owned 378,665 shares of the company’s stock, valued at approximately $95,912,057.85. This represents a 1.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 668,405 shares of company stock worth $140,422,170 in the last quarter.

Hedge Funds Weigh In On Nebius Group

Several institutional investors and hedge funds have recently bought and sold shares of NBIS. Royal Bank of Canada purchased a new position in Nebius Group during the first quarter worth approximately $1,628,000. Millennium Management LLC purchased a new stake in shares of Nebius Group during the 1st quarter valued at $11,563,000. NewEdge Advisors LLC purchased a new stake in shares of Nebius Group during the 1st quarter valued at $40,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Nebius Group during the 1st quarter worth $9,084,000. Finally, Daiwa Securities Group Inc. acquired a new stake in shares of Nebius Group during the 2nd quarter worth $68,000. Institutional investors and hedge funds 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.