Nebius Group N.V. (NASDAQ:NBIS) Receives Average Rating of “Buy” from Analysts

Shares of Nebius Group N.V. (NASDAQ:NBIS) have received an average recommendation of “Buy” from the eleven brokerages that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $144.7143.

A number of research analysts have recently commented on the company. The Goldman Sachs Group reiterated a “buy” rating and issued a $120.00 price objective on shares of Nebius Group in a report on Wednesday, September 17th. Seaport Res Ptn upgraded shares of Nebius Group to a “hold” rating in a research note on Monday, September 15th. Northland Securities raised their price objective on shares of Nebius Group from $206.00 to $211.00 and gave the stock an “outperform” rating in a report on Wednesday, November 12th. BWS Financial restated a “buy” rating and set a $130.00 price objective on shares of Nebius Group in a research report on Thursday, November 13th. Finally, Citizens Jmp initiated coverage on shares of Nebius Group in a research report on Wednesday, November 19th. They issued a “market outperform” rating and a $175.00 target price on the stock.

Nebius Group Stock Up 6.5%

Nebius Group stock opened at $94.69 on Friday. The stock has a market cap of $23.84 billion, a PE ratio of -122.97 and a beta of 3.29. The company has a debt-to-equity ratio of 0.31, a current ratio of 14.70 and a quick ratio of 14.70. The stock’s fifty day moving average is $110.14 and its two-hundred day moving average is $74.84. Nebius Group has a 1-year low of $18.31 and a 1-year high of $141.10.

Institutional Trading of Nebius Group

A number of hedge funds and other institutional investors have recently made changes to their positions in NBIS. Bank of New York Mellon Corp acquired a new stake in shares of Nebius Group in the 1st quarter valued at about $462,000. IFP Advisors Inc purchased a new stake in Nebius Group in the first quarter valued at approximately $25,000. Cetera Investment Advisers acquired a new stake in shares of Nebius Group in the first quarter valued at approximately $1,268,000. LPL Financial LLC purchased a new position in shares of Nebius Group during the first quarter worth approximately $2,708,000. Finally, Banque Cantonale Vaudoise acquired a new position in shares of Nebius Group in the 1st quarter valued at $33,000. 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.