Nebius Group (NASDAQ:NBIS) Stock Price Down 5.3% – Here’s What Happened

Shares of Nebius Group N.V. (NASDAQ:NBIS) fell 5.3% during trading on Tuesday. The stock traded as low as $130.90 and last traded at $134.00. 19,473,815 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 18,341,160 shares. The stock had previously closed at $141.45.

Trending Headlines about Nebius Group

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

• Positive Sentiment: Nebius has major contracts with Microsoft and Meta, which provide revenue visibility amid its rapid expansion. Strong demand for AI cloud services and favorable GPU pricing are also potential supports, though execution and profitability remain important questions. Article: Nebius Earnings Preview
• Neutral Sentiment: Recent institutional filings were mixed: more investors added NBIS shares than reduced holdings, but these figures reflect the second quarter and may not indicate current positioning. Article: Nebius Group Slides as AI Infrastructure Jitters Persist Ahead of Earnings
• Negative Sentiment: Investors are wary of heavy data-center investment and the possibility that tighter financing conditions could make expansion harder to fund. The November 12 report is a near-term catalyst, with investors likely focused on growth, capital spending and financing needs. Article: Nebius Group Slides as AI Infrastructure Jitters Persist Ahead of Earnings
• Negative Sentiment: Bearish commentary argues the valuation may still be demanding given potential dilution, hardware replacement costs and risks to executing its expansion, despite the stock’s steep retreat from its peak. Article: Nebius Earnings Preview
• Negative Sentiment: Insider-trading data cited in the coverage shows substantially more open-market sales than purchases over the past six months, which may weigh on sentiment; those sales do not by themselves establish why insiders traded. Article: Nebius Group Slides as AI Infrastructure Jitters Persist Ahead of Earnings

Analyst Ratings Changes

A number of research firms have recently commented on NBIS. Piper Sandler dropped their target price on shares of Nebius Group from $237.00 to $185.00 and set a “neutral” rating for the company in a report on Wednesday, October 21st. William Blair started coverage on shares of Nebius Group in a research report on Wednesday, September 30th. They set an “outperform” rating for the company. Freedom Capital upgraded Nebius Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Rothschild & Co Redburn assumed coverage on shares of Nebius Group in a report on Monday, September 21st. They set a “sell” rating and a $84.00 price objective on the stock. Finally, DA Davidson reiterated a “neutral” rating and set a $175.00 price target on shares of Nebius Group in a research note on Thursday, August 13th. Four investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $239.56.

Nebius Group Stock Down 5.3%

The firm has a market cap of $33.90 billion, a P/E ratio of -4,465.18 and a beta of 4.63. The company has a debt-to-equity ratio of 0.82, a current ratio of 4.03 and a quick ratio of 4.03. The stock’s 50 day simple moving average is $200.34 and its two-hundred day simple moving average is $177.91.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $582.30 million for the quarter, compared to the consensus estimate of $567.91 million. During the same period last year, the firm earned $2.38 earnings per share. The company’s quarterly revenue was up 454% on a year-over-year basis. As a group, research analysts forecast that Nebius Group N.V. will post -3.19 earnings per share for the current year.

Insider Buying and Selling

In other Nebius Group news, CRO Marc Boroditsky sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $211.23, for a total transaction of $1,478,610.00. Following the transaction, the executive owned 7,000 shares in the company, valued at approximately $1,478,610. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Wilson Boynton sold 333 shares of the company’s stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $173.07, for a total value of $57,632.31. Following the completion of the sale, the director owned 403,189 shares in the company, valued at approximately $69,779,920.23. This represents a 0.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders acquired 1,718 shares of company stock valued at $280,207 and sold 158,823 shares valued at $38,168,832.

Hedge Funds Weigh In On Nebius Group

Large investors have recently added to or reduced their stakes in the stock. Allied Private Wealth LLC bought a new stake in Nebius Group in the second quarter valued at approximately $25,000. Sarver Vrooman Wealth Advisors bought a new position in shares of Nebius Group in the second quarter valued at $28,000. GoalVest Advisory LLC acquired a new stake in shares of Nebius Group in the 2nd quarter worth about $28,000. Eastern Bank lifted its holdings in shares of Nebius Group by 66.3% in the third quarter. Eastern Bank now owns 158 shares of the company’s stock valued at $37,000 after purchasing an additional 63 shares in the last quarter. Finally, Wealth Enhancement Trust Services Inc. lifted its stake in Nebius Group by 227.1% during the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 157 shares of the company’s stock valued at $37,000 after acquiring an additional 109 shares in the last quarter. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Nebius Group Company Profile

Nebius Group is a technology company focused on building infrastructure for artificial intelligence. Its core business, Nebius, offers cloud computing services and access to accelerated computing resources designed to help developers and organizations train and run AI models. The company also has businesses in areas including data services for AI, autonomous mobility and online education. Based in Amsterdam, Nebius serves customers internationally and is developing data center and computing capacity to support its AI cloud services.