Nebius Group (NASDAQ:NBIS) Stock Price Up 2.8% – What’s Next?

Nebius Group N.V. (NASDAQ:NBIS) rose 2.8% during trading on Wednesday . The stock traded as high as $203.25 and last traded at $199.51. 18,678,937 shares traded hands during trading, an increase of 14% from the average session volume of 16,368,987 shares. The stock had previously closed at $194.09.

Key Nebius Group News

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

• Positive Sentiment: Nebius secured a more than $1 billion AI compute contract with Reflection AI, signaling strong demand for its cloud capacity.
• Positive Sentiment: The company unveiled an asset-light partner model that lets others fund data centers, which could help Nebius scale faster while preserving cash. Nebius introduces business model to scale AI cloud globally through infrastructure partnerships
• Neutral Sentiment: Analysts and market commentary say the stock’s valuation is more stretched after a massive 1-year gain, which may limit near-term upside. Nebius (NBIS) Stock Looks Fairly Valued As AI Cloud Expansion Draws Interest
• Negative Sentiment: Investors are concerned that Nebius may need significant spending to build the infrastructure needed to fulfill and expand its AI deals.
• Negative Sentiment: Reports of executive stock sales and broader pressure on “neocloud” names are adding to the selloff.

Analysts Set New Price Targets

A number of research firms recently commented on NBIS. BNP Paribas Exane started coverage on shares of Nebius Group in a report on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 price objective on the stock. Freedom Capital cut Nebius Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. 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 research report on Thursday, May 14th. Weiss Ratings raised shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. Finally, Wolfe Research began coverage on shares of Nebius Group in a research report 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 stock. According to MarketBeat, Nebius Group currently has an average rating of “Moderate Buy” and a consensus target price of $203.25.

Nebius Group Stock Performance

The company has a market cap of $43.46 billion, a price-to-earnings ratio of 55.41 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 stock’s fifty day simple moving average is $228.02 and its two-hundred day simple moving average is $152.74.

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

Insider Buying and Selling at Nebius Group

In other Nebius Group news, CEO Arkadiy Volozh sold 46,627 shares of the 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 $10,978,327.15. Following the completion of the sale, the chief executive officer owned 821,662 shares of the company’s stock, valued at $193,460,317.90. This trade represents a 5.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Wilson Iv Boynton sold 5,812 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $253.29, for a total transaction of $1,472,121.48. Following the sale, the director directly owned 378,665 shares of the company’s stock, valued at approximately $95,912,057.85. The trade was a 1.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 668,405 shares of company stock worth $140,422,170.

Institutional Trading of Nebius Group

Several institutional investors and hedge funds have recently bought and sold shares of NBIS. Allied Private Wealth LLC acquired a new position in Nebius Group in the second quarter worth $25,000. Sarver Vrooman Wealth Advisors acquired a new position in Nebius Group during the 2nd quarter valued at approximately $28,000. GoalVest Advisory LLC acquired a new stake in Nebius Group in the second quarter worth $28,000. MassMutual Private Wealth & Trust FSB grew its position in shares of Nebius Group by 95.7% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 229 shares of the company’s stock worth $63,000 after acquiring an additional 112 shares during the last quarter. Finally, Sound Income Strategies LLC grew its position in Nebius Group by 62.5% in the 1st quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. 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.