Nebius Group N.V. $NBIS Holdings Lowered by Covestor Ltd

Covestor Ltd reduced its stake in Nebius Group N.V. (NASDAQ:NBIS) by 88.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 881 shares of the company’s stock after selling 6,753 shares during the period. Covestor Ltd’s holdings in Nebius Group were worth $243,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Orbis Allan Gray Ltd lifted its position in Nebius Group by 12.4% in the second quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock worth $976,681,000 after purchasing an additional 1,949,708 shares during the period. Jennison Associates LLC increased its position in shares of Nebius Group by 134.3% during the 2nd quarter. Jennison Associates LLC now owns 3,983,899 shares of the company’s stock valued at $1,100,233,000 after purchasing an additional 2,283,676 shares during the period. Morgan Stanley increased its position in shares of Nebius Group by 35.2% during the 4th quarter. Morgan Stanley now owns 3,704,659 shares of the company’s stock valued at $310,099,000 after purchasing an additional 964,984 shares during the period. Clear Street Group Inc. raised its stake in shares of Nebius Group by 95.0% in the 4th quarter. Clear Street Group Inc. now owns 3,511,656 shares of the company’s stock worth $293,943,000 after buying an additional 1,710,924 shares in the last quarter. Finally, Janus Henderson Group PLC raised its stake in shares of Nebius Group by 14.9% in the 1st quarter. Janus Henderson Group PLC now owns 3,221,553 shares of the company’s stock worth $334,263,000 after buying an additional 416,733 shares in the last quarter. 21.90% of the stock is currently owned by institutional investors.

Insider Transactions at Nebius Group

In other Nebius Group news, CTO Danila Shtan sold 16,937 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total transaction of $3,987,816.65. Following the completion of the sale, the chief technology officer directly owned 274,763 shares of the company’s stock, valued at approximately $64,692,948.35. This represents a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Wilson Iv Boynton sold 5,812 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $253.29, for a total transaction of $1,472,121.48. Following the completion of the transaction, the director owned 378,665 shares of the company’s stock, valued at approximately $95,912,057.85. The trade was a 1.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 136,310 shares of company stock worth $32,569,613 in the last three months.

Nebius Group News Summary

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

• Positive Sentiment: Nebius reported quarterly revenue of $582.3 million, up 454% year over year, and adjusted its loss substantially better than analysts expected. Analysts have highlighted a large customer backlog and “backlog-fueled” capacity expansion as evidence that demand remains strong. NBIS jumps premarket as strong Q2 fuels best weekly move since 2024
• Positive Sentiment: New AI-cloud contracts reportedly priced at roughly $20 million to $25 million per megawatt have strengthened the company’s pricing-power narrative. Nebius also raised contracted-power guidance to 5 gigawatts, potentially supporting substantial future revenue growth if it can execute the build-out. Nebius: Pricing Inflection Alters Narrative
• Positive Sentiment: Commentary points to an asset-light strategy, prepayments, partnerships and rising recurring, higher-margin revenue. These factors could improve cash-flow generation and reduce reliance on debt or equity financing as capacity expands. Will Nebius’ Asset-Light Model Drive Further Margin Expansion in 2027?
• Neutral Sentiment: Analyst price-target increases, including a target of $324, and reports that Nebius may bid for Decart AI are supporting investor interest, although neither guarantees additional earnings or a completed transaction. Nebius Group Price Target Raised to $324.00
• Negative Sentiment: Valuation remains the central concern. With a premium sales multiple and expectations for extremely rapid growth, any delay in data-center construction, weaker pricing or slower customer adoption could make the stock vulnerable to a pullback. High capital needs also create potential dilution and financing risk.
• Negative Sentiment: Michael Burry has criticized the economics of AI infrastructure and flagged Nebius’s contract pricing as a warning sign. Other analysts similarly caution that revenue growth may not be sufficient to justify the current valuation, creating the possibility of a “bull trap” if the shares cannot sustain momentum above the $280s. Nebius: Potential Bull Trap

Nebius Group Stock Performance

NBIS opened at $268.85 on Tuesday. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.82. The firm has a market cap of $68.02 billion, a PE ratio of -8,958.68 and a beta of 4.23. The business has a fifty day simple moving average of $223.55 and a 200-day simple moving average of $169.88. Nebius Group N.V. has a fifty-two week low of $62.01 and a fifty-two week high of $299.86.

Nebius Group (NASDAQ:NBIS) last announced its earnings results on Wednesday, August 12th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.67) by $0.55. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%.The company had revenue of $582.30 million for the quarter, compared to analyst estimates of $567.91 million. During the same period in the previous year, the firm earned $2.38 earnings per share. Nebius Group’s revenue for the quarter was up 454% compared to the same quarter last year. As a group, equities analysts predict that Nebius Group N.V. will post -3.91 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Zacks Research cut Nebius Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. Bank of America upped their price target on shares of Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a report on Monday, June 8th. Robert W. Baird raised their price objective on shares of Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a research report on Thursday, August 13th. Citigroup lifted their price objective on shares of Nebius Group from $278.00 to $324.00 and gave the stock a “buy” rating in a research note on Friday. Finally, BNP Paribas Exane started coverage on shares of Nebius Group in a report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $226.00.

About Nebius Group

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.