Nebius Group (NASDAQ:NBIS) Price Target Raised to $410.00

Nebius Group (NASDAQ:NBIS) had its price target boosted by Northland Securities from $248.00 to $410.00 in a research report sent to investors on Monday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

Other analysts have also issued research reports about the stock. Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Citizens Jmp increased 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. Citigroup raised 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. Freedom Capital cut Nebius Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Cantor Fitzgerald began coverage on Nebius Group in a research note on Thursday, April 9th. They set an “overweight” rating and a $129.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $222.15.

Nebius Group Stock Up 0.6%

Shares of NASDAQ:NBIS opened at $218.16 on Monday. Nebius Group has a one year low of $50.00 and a one year high of $299.86. The company has a 50 day moving average of $228.94 and a 200-day moving average of $155.95. The company has a debt-to-equity ratio of 1.16, a current ratio of 8.33 and a quick ratio of 8.33. The stock has a market cap of $55.20 billion, a price-to-earnings ratio of 70.37 and a beta of 4.10.

Nebius Group (NASDAQ:NBIS) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, topping 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 business had revenue of $399.00 million during the quarter, compared to the consensus estimate of $375.13 million. The firm’s revenue for the quarter was up 684.0% on a year-over-year basis. On average, sell-side analysts forecast that Nebius Group will post -1.91 earnings per share for the current year.

Insider Buying and Selling at Nebius Group

In other Nebius Group news, Director Elena Bunina sold 10,894 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director owned 10,772 shares of the company’s stock, valued at approximately $2,228,403.64. This represents a 50.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Danila Shtan sold 16,937 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total transaction of $3,987,816.65. Following the completion of the sale, the chief technology officer owned 274,763 shares in the company, valued at approximately $64,692,948.35. This trade represents a 5.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 668,405 shares of company stock worth $140,422,170 over the last ninety days.

Hedge Funds Weigh In On Nebius Group

Several institutional investors and hedge funds have recently made changes to their positions in NBIS. Orbis Allan Gray Ltd increased its position in shares of Nebius Group by 12.4% in the 2nd 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. Morgan Stanley lifted its holdings in Nebius Group by 35.2% during the fourth quarter. Morgan Stanley now owns 3,704,659 shares of the company’s stock worth $310,099,000 after acquiring an additional 964,984 shares in the last quarter. Clear Street Group Inc. lifted its holdings in Nebius Group by 95.0% during the fourth quarter. Clear Street Group Inc. now owns 3,511,656 shares of the company’s stock worth $293,943,000 after acquiring an additional 1,710,924 shares in the last quarter. Janus Henderson Group PLC grew its stake in Nebius Group by 14.9% in the first quarter. Janus Henderson Group PLC now owns 3,221,553 shares of the company’s stock valued at $334,263,000 after acquiring an additional 416,733 shares during the period. Finally, State Street Corp grew its stake in Nebius Group by 2,391.3% in the fourth quarter. State Street Corp now owns 3,219,326 shares of the company’s stock valued at $269,474,000 after acquiring an additional 3,090,103 shares during the period. Institutional investors and hedge funds own 21.90% of the company’s stock.

Nebius Group News Roundup

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

• Positive Sentiment: Robert W. Baird initiated coverage with an “outperform” rating and a $250 price target, adding another bullish analyst call to the stock’s recent momentum. Benzinga article
• Positive Sentiment: Northland Securities raised its price target to $410, reinforcing the view that Nebius may still have significant upside if AI infrastructure demand keeps accelerating. Northland Securities Boosts Nebius Group (NASDAQ:NBIS) Price Target to $410.00
• Positive Sentiment: Freedom Capital Markets upgraded Nebius from hold to strong-buy, which further boosted sentiment around the stock. Zacks.com article
• Positive Sentiment: Multiple reports highlighted Nvidia’s 9.3% stake in Nebius as a strong vote of confidence in the company’s AI cloud strategy, helping extend the stock’s rally. CNBC article
• Positive Sentiment: Nebius also benefited from attention on its $775 million debt facility, which supports expansion without relying as heavily on equity dilution. Zacks article
• Neutral Sentiment: One article noted the chairman sold a small block of shares, but the transaction was limited and does not appear to change the broader bullish thesis. Motley Fool article

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.