Nebius Group (NASDAQ:NBIS) Upgraded to Strong-Buy at Freedom Capital

Freedom Capital upgraded shares of Nebius Group (NASDAQ:NBIS) from a hold rating to a strong-buy rating in a research note published on Monday morning,Zacks.com reports.

A number of other equities analysts have also weighed in on the company. BNP Paribas Exane assumed coverage on Nebius Group in a research note on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 target price on the stock. Citizens Jmp boosted their price target on Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a research note on Thursday, May 14th. DA Davidson lowered Nebius Group from a “buy” rating to a “neutral” rating and upped their price objective for the company from $200.00 to $250.00 in a report on Monday, May 18th. Wolfe Research began coverage on Nebius Group in a research report on Thursday, April 16th. They set a “peer perform” rating on the stock. Finally, Bank of America lifted their target price on Nebius Group from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $219.83.

Nebius Group Stock Performance

NASDAQ NBIS opened at $182.62 on Monday. The stock has a market cap of $46.21 billion, a PE ratio of 58.91 and a beta of 4.10. The company has a debt-to-equity ratio of 1.16, a quick ratio of 8.33 and a current ratio of 8.33. The firm has a 50-day moving average of $227.96 and a 200-day moving average of $154.07. Nebius Group has a 52-week low of $49.00 and a 52-week high of $299.86.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, beating analysts’ consensus estimates of ($0.81) by $0.58. The business had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The business’s revenue for the quarter was up 684.0% on a year-over-year basis. On average, sell-side analysts anticipate that Nebius Group will post -1.91 EPS for the current year.

Insider Activity

In other Nebius Group news, CTO Danila Shtan sold 16,937 shares of Nebius Group stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $3,987,816.65. Following the completion of the transaction, the chief technology officer directly owned 274,763 shares of the company’s stock, valued at $64,692,948.35. The trade was a 5.81% 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, Director Elena Bunina sold 10,894 shares of the company’s stock in a transaction on 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 sale, the director owned 10,772 shares of the company’s stock, valued at approximately $2,228,403.64. The trade was 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. Over the last 90 days, insiders have sold 668,405 shares of company stock worth $140,422,170.

Hedge Funds Weigh In On Nebius Group

Institutional investors have recently modified their holdings of the business. Fulcrum Equity Management grew its position in Nebius Group by 42.5% in the second quarter. Fulcrum Equity Management now owns 3,887 shares of the company’s stock valued at $1,073,000 after acquiring an additional 1,160 shares during the last quarter. Fulton Bank N.A. acquired a new position in Nebius Group during the 2nd quarter worth approximately $416,000. Wealthcare Advisory Partners LLC bought a new position in Nebius Group in the 2nd quarter valued at approximately $249,000. World Equity Group Inc. bought a new position in shares of Nebius Group in the 2nd quarter valued at $555,000. Finally, Focus Financial Network Inc. acquired a new stake in shares of Nebius Group during the 2nd quarter valued at $600,000. Institutional investors and hedge funds own 21.90% of the company’s stock.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Nvidia disclosed a 9.3% stake in Nebius, a strong vote of confidence that boosted enthusiasm for NBIS and its AI cloud growth story. Nebius stock surges as Nvidia discloses 9.3% stake in neocloud
• Positive Sentiment: Nebius secured $775 million in debt financing to expand its AI cloud, giving it more capital to scale infrastructure and support growth. Nebius Group (NBIS) Secures $775 Million In Debt To Expand Its AI Cloud
• Positive Sentiment: Northland Securities raised its price target on NBIS to $410 from $248 and kept an outperform rating, signaling expectations for continued upside. Nebius Group had its price target raised by Northland Securities
• Positive Sentiment: Freedom Capital upgraded the stock from Hold to Buy and lifted its target to $200, saying enough risk may already be reflected after the recent pullback. After An Over 40% Slump From Peak, This Analyst Turns Bullish On NBIS Stock
• Neutral Sentiment: NBIS was also included on Zacks’ list of momentum stocks, reflecting improving trading momentum rather than a change in fundamentals. Best Momentum Stocks to Buy for July 20th
• Negative Sentiment: Some commentary warned that Nebius remains volatile and may still face execution and valuation risk despite the recent rally. Nebius Stock Fell 40% From Its All-Time-High. Is This AI Stock Finally a Buy?

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.