Nebius Group N.V. (NASDAQ:NBIS – Get Free Report) traded down 1.1% during trading on Monday . The stock traded as low as $278.00 and last traded at $283.61. 14,539,100 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 16,319,654 shares. The stock had previously closed at $286.69.
Key Nebius Group News
Here are the key news stories impacting Nebius Group this week:
- Positive Sentiment: Nebius unveiled Nebius AI Cloud 3.6 “Aether”, adding the Nebius Echo AI agent, stronger security/governance tools, and improved storage to make its platform more attractive for production AI workloads. Nebius AI Cloud 3.6 strengthens developer experience and governance for production operations
- Positive Sentiment: The launch of Nebius Echo could help differentiate Nebius by letting customers manage cloud infrastructure using natural language, a feature that may improve enterprise adoption and product stickiness. How Nebius AI Cloud 3.6 “Aether” And Echo Launch At Nebius Group (NBIS) Has Changed Its Investment Story
- Positive Sentiment: Nebius also said Komodor selected its platform to help automate reliability operations and Kubernetes troubleshooting, highlighting customer demand for Nebius’s hyperscale AI cloud environment. Komodor Autonomous AI SRE Platform Selected by Nebius to Support Reliability Operations
- Neutral Sentiment: Several market commentaries over the past day highlighted Nebius as a leading AI infrastructure name and one of the more widely watched hypergrowth stocks, which may be keeping investor interest elevated. CoreWeave vs. Nebius: Which AI Infrastructure Stock Has More Upside?
- Negative Sentiment: Some recent commentary raised concerns about funding gaps and potential downside risk, which could weigh on sentiment even as growth remains strong. Nebius: The Funding Gap Could Make The Stock Crash
- Negative Sentiment: The stock has also been described as vulnerable to a sell-the-news reaction after recent AI-cloud momentum and index-related enthusiasm, suggesting traders may be locking in gains. CoreWeave Sinks 5%, Nebius Dips as AI Cloud Stocks Sell the News on Their NASDAQ 100 Debut
Analysts Set New Price Targets
Several research firms recently issued reports on NBIS. Morgan Stanley raised their price target on Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a report on Thursday, May 14th. BNP Paribas Exane began coverage on shares of Nebius Group in a research report on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 target price on the stock. DA Davidson lowered shares of Nebius Group from a “buy” rating to a “neutral” rating and raised their target price for the company from $200.00 to $250.00 in a research note on Monday, May 18th. Citizens Jmp lifted their price target on shares of Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a research report on Thursday, May 14th. Finally, Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $203.25.
Nebius Group Stock Down 5.7%
The business has a fifty day moving average of $206.16 and a 200 day moving average of $136.82. The firm has a market cap of $65.70 billion, a P/E ratio of 83.76 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 – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.77) by $0.54. 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 company’s revenue was up 684.0% compared to the same quarter last year. On average, equities research analysts predict that Nebius Group N.V. will post -1.91 EPS for the current year.
Insiders Place Their Bets
In related news, CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of Nebius Group stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $416,785.80. Following the transaction, the chief financial officer owned 12,672 shares of the company’s stock, valued at $3,500,006.40. This trade represents a 10.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CRO Marc Boroditsky sold 10,776 shares of Nebius Group stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $276.20, for a total transaction of $2,976,331.20. Following 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 700,710 shares of company stock worth $132,153,501 over the last ninety days.
Institutional Trading of Nebius Group
Hedge funds have recently added to or reduced their stakes in the business. Orbis Allan Gray Ltd lifted its stake in Nebius Group by 12.4% in the second quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock valued at $976,681,000 after buying an additional 1,949,708 shares in the last quarter. Fred Alger Management LLC raised its holdings in shares of Nebius Group by 33.4% during the third 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 period. Jericho Capital Asset Management L.P. lifted its position in Nebius Group by 55.7% in the 3rd quarter. Jericho Capital Asset Management L.P. now owns 4,607,497 shares of the company’s stock valued at $517,284,000 after acquiring an additional 1,648,497 shares in the last quarter. Morgan Stanley increased its holdings in Nebius Group by 35.2% during the 4th quarter. Morgan Stanley now owns 3,704,659 shares of the company’s stock worth $310,099,000 after purchasing an additional 964,984 shares in the last quarter. Finally, Clear Street Group Inc. raised its stake in shares of Nebius Group by 95.0% in the 4th quarter. Clear Street Group Inc. now owns 3,511,656 shares of the company’s stock valued at $293,943,000 after purchasing an additional 1,710,924 shares during the period. Institutional investors and hedge funds own 21.90% of the company’s stock.
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.
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