Nebius Group (NASDAQ:NBIS) Shares Up 8.1% – Time to Buy?

Nebius Group N.V. (NASDAQ:NBIS) shares were up 8.1% on Wednesday . The company traded as high as $209.07 and last traded at $210.9570. 5,891,681 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 16,330,096 shares. The stock had previously closed at $195.19.

More Nebius Group News

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

• Positive Sentiment: Reports say Nebius is still benefiting from major AI infrastructure deals, rapid revenue expansion, and bullish analyst commentary, supporting the case for continued growth. Nebius Group (NBIS) Gains on Massive AI Deals, Here’s What You Need to Know
• Positive Sentiment: Saturn Cloud launched on the Nebius marketplace, giving Nebius customers a simpler way to deploy managed AI tools on Nebius’s NVIDIA-backed cloud infrastructure, which could help drive usage and sales. Saturn Cloud Launches on Nebius Marketplace for Self-Service Deployment
• Positive Sentiment: Some analysts and commentators argue fears that Meta could hurt neocloud providers are overstated, and one bullish view says Nebius may be undervalued despite the recent selloff in AI infrastructure stocks. Nebius: Why The Meta Selloff Is A Massive Misunderstanding
• Positive Sentiment: TTRF Capital reportedly initiated Nebius as its largest holding, suggesting continued institutional interest in the company’s AI infrastructure story. New Position: TTRF Capital Loads Up on AI Infrastructure Company Nebius Stock
• Neutral Sentiment: Several recent articles compared Nebius with other AI/cloud names and highlighted its big rally, but these pieces were more commentary than new catalysts. Meta Platforms vs. Nebius: Which Is the Better Neocloud Stock?
• Neutral Sentiment: Insider-trading reports showed CTO Danila Shtan, CEO Arkadiy Volozh, and Andrey Korolenko selling shares, but the sales were disclosed transactions and may simply reflect personal portfolio management. Nebius Group (NASDAQ:NBIS) CTO Sells 16,937 Shares
• Negative Sentiment: Heavy insider selling can pressure sentiment because it raises questions about near-term valuation, especially after Nebius’s large share-price run-up. Andrey Korolenko Sells 33,871 Shares of Nebius Group (NASDAQ:NBIS) Stock

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Citigroup boosted their price target on Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. DA Davidson cut Nebius Group from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $200.00 to $250.00 in a research note on Monday, May 18th. Bank of America boosted 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. BWS Financial raised their price target on Nebius Group from $130.00 to $200.00 and gave the company a “buy” rating in a report on Monday, March 16th. Finally, Wolfe Research started coverage on shares of Nebius Group in a research note on Thursday, April 16th. They issued a “peer perform” rating on the stock. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Nebius Group has an average rating of “Moderate Buy” and a consensus price target of $203.25.

Nebius Group Price Performance

The firm has a fifty day moving average of $221.77 and a 200 day moving average of $147.05. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $51.12 billion, a P/E ratio of 65.22 and a beta of 4.10.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.81) by $0.58. 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 for the quarter, compared to the consensus estimate of $375.13 million. The business’s revenue was up 684.0% on a year-over-year basis. On average, equities research analysts anticipate that Nebius Group N.V. will post -1.91 EPS for the current year.

Insider Buying and Selling

In other Nebius Group news, insider Andrey Korolenko sold 33,871 shares of Nebius Group stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total value of $7,974,926.95. Following the completion of the sale, the insider owned 551,338 shares of the company’s stock, valued at approximately $129,812,532.10. The trade was a 5.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CRO Marc Boroditsky sold 10,776 shares of the stock in a transaction dated 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 approximately $7,425,913.20. This represents a 28.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 692,965 shares of company stock valued at $144,150,315 in the last ninety days.

Hedge Funds Weigh In On Nebius Group

Large investors have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Nebius Group by 34,371.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 93,762 shares of the company’s stock worth $7,848,000 after purchasing an additional 93,490 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of Nebius Group during the 4th quarter worth approximately $24,756,000. Nordea Investment Management AB purchased a new position in shares of Nebius Group during the 4th quarter valued at approximately $1,401,000. Geode Capital Management LLC lifted its stake in shares of Nebius Group by 1,095.7% in the 4th quarter. Geode Capital Management LLC now owns 2,046,799 shares of the company’s stock valued at $169,840,000 after purchasing an additional 1,875,612 shares during the period. Finally, State of New Jersey Common Pension Fund D purchased a new stake in Nebius Group during the fourth quarter worth $8,111,000. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Nebius Group Company 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.