Nebius Group (NASDAQ:NBIS) Shares Down 13.3% After Analyst Downgrade

Shares of Nebius Group N.V. (NASDAQ:NBIS) dropped 13.3% during trading on Thursday after Citigroup lowered their price target on the stock from $287.00 to $278.00. Citigroup currently has a buy rating on the stock. Nebius Group traded as low as $189.17 and last traded at $189.88. Approximately 26,169,122 shares were traded during trading, an increase of 52% from the average daily volume of 17,270,732 shares. The stock had previously closed at $218.99.

NBIS has been the topic of several other research reports. DA Davidson downgraded shares of Nebius Group from a “buy” rating to a “neutral” rating and upped their price target for the company from $200.00 to $250.00 in a report on Monday, May 18th. BNP Paribas Exane started coverage on Nebius Group in a report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price target for the company. Piper Sandler assumed coverage on Nebius Group in a report on Monday. They set a “neutral” rating and a $224.00 price objective for the company. Zacks Research lowered shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. Finally, Citizens Jmp raised their price objective on Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Nebius Group presently has an average rating of “Moderate Buy” and an average target price of $221.64.

Insiders Place Their Bets

In related news, Director John Wilson Iv Boynton sold 5,812 shares of the firm’s stock in a transaction that occurred on 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 owned 378,665 shares of the company’s stock, valued at approximately $95,912,057.85. This trade represents a 1.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andrey Korolenko sold 33,871 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total transaction of $7,974,926.95. Following the transaction, the insider owned 551,338 shares in the company, valued at $129,812,532.10. This represents a 5.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 651,704 shares of company stock worth $137,422,230 in the last quarter.

Key Stories Impacting Nebius Group

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

• Positive Sentiment: Citigroup maintained a Buy rating while lowering its price target from $287 to $278. The revised target remains materially above the recent trading level, signaling continued confidence in Nebius’ AI-cloud growth prospects. Citigroup price target update
• Positive Sentiment: Brokerage coverage overall remains constructive, with Nebius receiving an average “Moderate Buy” recommendation. The company also appointed Lindsey Irvine as chief marketing officer to support its international expansion and go-to-market efforts. Nebius Moderate Buy rating
• Positive Sentiment: Recent coverage highlights Nebius’ positioning as a purpose-built AI infrastructure provider, supported by substantial funding and a long-term capacity agreement with Meta. This differentiates it from older data-center operators that must spend heavily to retrofit facilities for AI workloads. AI infrastructure comparison

Hedge Funds Weigh In On Nebius Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Allied Private Wealth LLC bought a new position in shares of Nebius Group during the 2nd quarter worth about $25,000. Parkside Financial Bank & Trust bought a new position in shares of Nebius Group during the fourth quarter valued at $25,000. Root Financial Partners LLC bought a new stake in Nebius Group during the fourth quarter worth about $26,000. SHP Wealth Management bought a new stake in Nebius Group during the 4th quarter worth approximately $26,000. Finally, Sound Income Strategies LLC grew its holdings in shares of Nebius Group by 62.5% during the first quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 21.90% of the company’s stock.

Nebius Group Trading Down 13.3%

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 stock has a market cap of $48.04 billion, a P/E ratio of 61.25 and a beta of 4.23. The business’s fifty day simple moving average is $226.02 and its 200 day simple moving average is $162.70.

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. 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 analyst estimates of $375.13 million. The firm’s revenue was up 684.0% compared to the same quarter last year. As a group, analysts expect that Nebius Group N.V. will post -1.54 EPS for the current year.

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.