Oppenheimer Asset Management Inc. Sells 13,887 Shares of Nebius Group N.V. $NBIS

Oppenheimer Asset Management Inc. decreased its holdings in Nebius Group N.V. (NASDAQ:NBIS) by 28.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,926 shares of the company’s stock after selling 13,887 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Nebius Group were worth $9,646,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dockside LLC acquired a new stake in shares of Nebius Group during the 2nd quarter valued at about $493,000. Oppenheimer & Co. Inc. increased its stake in Nebius Group by 98.8% in the second quarter. Oppenheimer & Co. Inc. now owns 38,516 shares of the company’s stock valued at $10,637,000 after acquiring an additional 19,143 shares during the period. Jennison Associates LLC raised its position in Nebius Group by 134.3% in the second quarter. Jennison Associates LLC now owns 3,983,899 shares of the company’s stock worth $1,100,233,000 after purchasing an additional 2,283,676 shares in the last quarter. Fire Capital Management LLC acquired a new position in Nebius Group in the second quarter worth about $248,000. Finally, Fulcrum Equity Management lifted its stake in Nebius Group by 42.5% during the second quarter. Fulcrum Equity Management now owns 3,887 shares of the company’s stock worth $1,073,000 after purchasing an additional 1,160 shares during the period. 21.90% of the stock is owned by institutional investors.

Nebius Group Trading Up 8.8%

Shares of NBIS stock opened at $277.58 on Friday. Nebius Group N.V. has a 12-month low of $62.01 and a 12-month high of $299.86. The company has a market capitalization of $70.23 billion, a P/E ratio of -9,249.58 and a beta of 4.23. The firm has a 50-day moving average price of $222.53 and a 200 day moving average price of $168.13. The company has a quick ratio of 8.33, a current ratio of 4.03 and a debt-to-equity ratio of 0.82.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings results on Wednesday, August 12th. The company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.55. The firm had revenue of $582.30 million for the quarter, compared to analyst estimates of $567.91 million. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The company’s revenue for the quarter was up 454% compared to the same quarter last year. During the same period in the previous year, the business earned $2.38 earnings per share. Research analysts forecast that Nebius Group N.V. will post -3.91 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on NBIS. Morgan Stanley lifted their price objective on Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a report on Thursday, May 14th. Citigroup increased their target price on Nebius Group from $278.00 to $324.00 and gave the stock a “buy” rating in a report on Friday. Piper Sandler assumed coverage on Nebius Group in a research report on Monday, August 3rd. They set a “neutral” rating and a $224.00 target price for the company. Bank of America boosted their price target on Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Finally, Freedom Capital raised Nebius Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $226.00.

Key Nebius Group News

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

• Positive Sentiment: Exceptional quarterly growth: Nebius reported revenue of $582.3 million, up 454% year over year, while adjusted EBITDA reached $236 million and annualized revenue run rate approached $3 billion. Its AI Cloud segment grew 514%, exceeding many investor expectations. Nebius Group Q2 2026 Earnings Call Highlights
• Positive Sentiment: Large contracts and expanding capacity: Four AI infrastructure contracts reportedly exceed $1 billion in total value, helping push the contracted power target to 5 gigawatts and supporting a backlog of more than $40 billion. Investors see this as improving multiyear revenue visibility. Nebius Is Up After Multi-Billion AI Cloud Wins
• Positive Sentiment: Analyst optimism: Citigroup raised its target to $324 and maintained a buy rating, while Bank of America lifted its target to $310 and Robert W. Baird raised its target to $340 with an outperform rating. Northland Securities also reiterated its buy rating. Northland Securities Reiterates Buy Rating
• Positive Sentiment: UK expansion and trading momentum: Nebius is deploying NVIDIA-powered infrastructure at Vantage Data Centers’ Newport, Wales campus, expanding access to domestic UK AI compute. A reported “Power Inflow” order-flow signal also attracted momentum traders. Vantage and Nebius Expand UK AI Infrastructure
• Neutral Sentiment: Execution remains central: A capacity auction cleared above prior pricing records, and customer prepayments may fund a substantial portion of planned capital expenditures. These developments improve funding flexibility but increase expectations for timely capacity delivery and sustained premium pricing. Nebius Q3 Auction Broke Its Price Ceiling
• Negative Sentiment: Valuation and balance-sheet risks: Critics argue that Nebius is priced for very strong execution, while debt, asset depreciation and capital intensity could pressure long-term returns. Michael Burry’s reported short position and DA Davidson’s $175 neutral target add a bearish counterpoint. The Neoclouds Are a Trade, Not an Investment

Insider Buying and Selling

In related news, CEO Arkadiy Volozh sold 46,627 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total transaction of $10,978,327.15. Following the sale, the chief executive officer directly owned 821,662 shares in the company, valued at $193,460,317.90. This represents a 5.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Wilson Iv Boynton sold 5,812 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $253.29, for a total value of $1,472,121.48. Following the sale, the director owned 378,665 shares in the company, valued at approximately $95,912,057.85. This trade represents a 1.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 136,310 shares of company stock valued at $32,569,613 in the last ninety days.

Nebius Group 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.