Nebius Group (NASDAQ:NBIS) Research Coverage Started at Piper Sandler

Piper Sandler assumed coverage on shares of Nebius Group (NASDAQ:NBIS) in a research report sent to investors on Monday morning, Marketbeat reports. The brokerage issued a neutral rating and a $224.00 price objective on the stock.

A number of other equities research analysts have also recently weighed in on the stock. Citizens Jmp lifted their price target on shares of Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a research report on Thursday, May 14th. Wolfe Research began coverage on shares of Nebius Group in a report on Thursday, April 16th. They issued a “peer perform” rating for the company. Wall Street Zen upgraded Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Freedom Capital raised Nebius Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Finally, Citigroup boosted their price objective on Nebius Group from $169.00 to $287.00 and gave the company a “buy” rating in a report on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Nebius Group has a consensus rating of “Moderate Buy” and a consensus target price of $221.64.

Nebius Group Price Performance

Nebius Group stock opened at $218.99 on Monday. 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 50-day moving average price of $226.02 and a 200 day moving average price of $162.70. Nebius Group has a 12-month low of $53.95 and a 12-month high of $299.86. The stock has a market cap of $55.41 billion, a P/E ratio of 70.64 and a beta of 4.23.

Nebius Group (NASDAQ:NBIS) last released 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. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The firm had revenue of $399.00 million for the quarter, compared to analysts’ expectations of $375.13 million. Nebius Group’s quarterly revenue was up 684.0% compared to the same quarter last year. Sell-side analysts anticipate that Nebius Group will post -1.54 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Andrey Korolenko sold 500,000 shares of Nebius Group stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $203.24, for a total transaction of $101,620,000.00. Following the sale, the insider owned 585,209 shares in the company, valued at approximately $118,937,877.16. The trade was a 46.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Elena Bunina sold 10,894 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $206.87, for a total value of $2,253,641.78. Following the completion of the sale, the director directly owned 10,772 shares of the company’s stock, valued at approximately $2,228,403.64. This trade represents a 50.28% 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 sold a total of 651,704 shares of company stock valued at $137,422,230 over the last three months.

Hedge Funds Weigh In On Nebius Group

A number of institutional investors have recently modified their holdings of the business. Royal Bank of Canada purchased a new position in Nebius Group during the 1st quarter worth $1,628,000. Millennium Management LLC acquired a new stake in shares of Nebius Group during the first quarter worth about $11,563,000. NewEdge Advisors LLC purchased a new position in shares of Nebius Group during the first quarter worth about $40,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in Nebius Group in the 1st quarter valued at about $9,084,000. Finally, Daiwa Securities Group Inc. purchased a new stake in Nebius Group during the 2nd quarter valued at approximately $68,000. 21.90% of the stock is owned by institutional investors and hedge funds.

Nebius Group News Summary

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

• Positive Sentiment: Citigroup maintained a Buy rating on NBIS despite trimming its price target to $278 from $287, implying substantial potential upside from recent trading levels. Citigroup lowers Nebius price target and maintains Buy rating
• Positive Sentiment: Nebius appointed Lindsey Irvine as chief marketing officer. Her prior experience at Square, Benchling and MuleSoft could support the company’s global go-to-market efforts as it expands its AI-cloud business following record growth. Nebius appoints Lindsey Irvine as Chief Marketing Officer
• Positive Sentiment: A reported “Power Inflow” trading signal pointed to elevated institutional and retail buying interest, while broader enthusiasm for AI infrastructure remains supportive of neocloud stocks. Nebius Shares Rise After Key Trading Signal

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.