Nebius Group (NASDAQ:NBIS) Stock Price Up 1.9% – Time to Buy?

Nebius Group N.V. (NASDAQ:NBIS)’s share price was up 1.9% on Tuesday . The stock traded as high as $277.35 and last traded at $265.10. Approximately 14,516,097 shares were traded during trading, a decline of 10% from the average daily volume of 16,075,098 shares. The stock had previously closed at $260.07.

More Nebius Group News

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

• Positive Sentiment: Nebius confirmed it will be added to the Nasdaq-100 Index, a move that can trigger buying from index funds and benchmark-tracking ETFs ahead of the June 22 rebalance. Why Is Nebius Stock Surging On Tuesday?
• Positive Sentiment: The company closed its acquisition of Eigen AI, which should enhance Nebius’ full-stack AI cloud platform and support its growth strategy in AI infrastructure. Nebius completes acquisition of Eigen AI
• Positive Sentiment: Recent commentary highlighted Nebius’ strong three-month rally, driven by rapid revenue growth, capacity expansion, and continued investor enthusiasm around AI infrastructure demand. Nebius Soars 124% in 3 Months: Should You Buy, Hold, or Fold?
• Neutral Sentiment: Analysts remain broadly constructive, with the stock carrying a “Moderate Buy” consensus and several price targets above current trading levels, though views remain mixed. Nebius Group N.V. (NASDAQ:NBIS) Given Consensus Recommendation of “Moderate Buy” by Brokerages
• Neutral Sentiment: Director John Wilson Iv Boynton sold 5,812 shares in a pre-arranged 10b5-1 plan, a routine insider sale that may not signal a change in fundamentals. Nebius Group (NASDAQ:NBIS) Director John Wilson Iv Boynton Sells 5,812 Shares

Analysts Set New Price Targets

Several analysts have weighed in on NBIS shares. Freedom Capital cut Nebius Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Morgan Stanley lifted their target price on shares of Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a report on Thursday, May 14th. Citizens Jmp lifted their target price on shares of Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a report on Thursday, May 14th. Bank of America lifted their target price 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. Finally, Weiss Ratings upgraded shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $203.25.

Nebius Group Stock Up 1.9%

The company’s fifty day moving average price is $187.49 and its 200-day moving average price is $129.09. The stock has a market capitalization of $67.02 billion, a PE ratio of 85.45 and a beta of 4.03. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16.

Nebius Group (NASDAQ:NBIS) last released its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.77) by $0.54. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The firm had revenue of $399.00 million during 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. Analysts forecast that Nebius Group N.V. will post -1.91 earnings per share for the current year.

Insider Buying and Selling

In related news, CRO Marc Boroditsky sold 10,776 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total value of $2,976,331.20. Following the completion of the transaction, the executive directly owned 26,886 shares in the company, valued at $7,425,913.20. The trade was a 28.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Andrey Korolenko sold 500,000 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the insider owned 585,209 shares of the company’s stock, valued at approximately $118,937,877.16. The trade was a 46.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 700,710 shares of company stock worth $132,153,501 over the last 90 days.

Hedge Funds Weigh In On Nebius Group

A number of hedge funds have recently added to or reduced their stakes in NBIS. State Street Corp raised its holdings in Nebius Group by 2,391.3% in the 4th quarter. State Street Corp now owns 3,219,326 shares of the company’s stock worth $269,474,000 after acquiring an additional 3,090,103 shares during the last quarter. Capital Research Global Investors purchased a new position in Nebius Group in the 4th quarter worth approximately $231,635,000. Fred Alger Management LLC raised its holdings in Nebius Group by 33.4% in the 3rd quarter. Fred Alger Management LLC now owns 10,132,279 shares of the company’s stock worth $1,137,551,000 after acquiring an additional 2,536,832 shares during the last quarter. Accel Leaders 3 Associates L.P. purchased a new position in Nebius Group in the 4th quarter worth approximately $188,496,000. Finally, Qube Research & Technologies Ltd purchased a new position in Nebius Group in the 3rd quarter worth approximately $238,511,000. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

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.