Nebius Group (NASDAQ:NBIS) Trading Up 5.4% – What’s Next?

Nebius Group N.V. (NASDAQ:NBISGet Free Report)’s share price was up 5.4% during mid-day trading on Friday . The stock traded as high as $47.68 and last traded at $43.94. Approximately 21,930,673 shares changed hands during trading, an increase of 98% from the average daily volume of 11,076,647 shares. The stock had previously closed at $41.70.

Analyst Upgrades and Downgrades

Separately, BWS Financial restated a “buy” rating and set a $51.00 target price on shares of Nebius Group in a research report on Tuesday, January 28th.

Check Out Our Latest Report on NBIS

Nebius Group Stock Up 6.7 %

The firm’s 50-day moving average is $33.11.

About Nebius Group

(Get Free Report)

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.

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