Nebius Group N.V. $NBIS Shares Bought by CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT

CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT grew its stake in Nebius Group N.V. (NASDAQ:NBIS) by 42.2% during the third quarter, Holdings Channel.com reports. The fund owned 44,500 shares of the company’s stock after acquiring an additional 13,200 shares during the period. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT’s holdings in Nebius Group were worth $10,497,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Allied Private Wealth LLC purchased a new stake in Nebius Group in the second quarter valued at approximately $25,000. Sarver Vrooman Wealth Advisors acquired a new position in Nebius Group during the second quarter worth $28,000. GoalVest Advisory LLC purchased a new position in shares of Nebius Group during the second quarter worth $28,000. Wealth Enhancement Trust Services Inc. grew its stake in shares of Nebius Group by 227.1% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 157 shares of the company’s stock valued at $37,000 after buying an additional 109 shares in the last quarter. Finally, Eastern Bank raised its holdings in shares of Nebius Group by 66.3% in the 3rd quarter. Eastern Bank now owns 158 shares of the company’s stock valued at $37,000 after buying an additional 63 shares during the period. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on NBIS. Rosenblatt Securities began coverage on Nebius Group in a research note on Thursday, October 8th. They set a “buy” rating and a $304.00 target price on the stock. Citigroup boosted their price target on shares of Nebius Group from $278.00 to $324.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research report on Sunday, August 16th. Zacks Research raised Nebius Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. Finally, Robert W. Baird lifted their price objective on shares of Nebius Group from $250.00 to $340.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Four research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $243.25.

Nebius Group Price Performance

Shares of NASDAQ NBIS opened at $153.27 on Tuesday. The stock’s 50-day simple moving average is $215.35 and its 200-day simple moving average is $175.47. The firm has a market capitalization of $38.78 billion, a PE ratio of -5,107.30 and a beta of 4.18. Nebius Group N.V. has a fifty-two week low of $73.52 and a fifty-two week high of $299.86. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.03 and a current ratio of 4.03.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.67) by $0.55. The company had revenue of $582.30 million during the quarter, compared to the consensus estimate of $567.91 million. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. Nebius Group’s revenue for the quarter was up 454% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.38 earnings per share. As a group, equities research analysts forecast that Nebius Group N.V. will post -3.19 EPS for the current fiscal year.

Key Stories Impacting Nebius Group

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

• Positive Sentiment: Nebius’s CEO said the company has sufficient resources to complete its planned gigawatt-scale infrastructure buildout, despite acknowledging that asset-backed financing and debt markets have temporarily tightened. Nebius CEO Says Company Has Enough To Build Its Gigawatt
• Positive Sentiment: The company recently secured a $3.5 billion senior secured Citi facility, providing funding for expansion and reducing immediate dependence on convertible financing. However, the debt also increases leverage and financing obligations. Nebius Secures $3.5 Billion From Citi
• Positive Sentiment: Analysts and commentators remain constructive on Nebius, citing rapid revenue growth, anticipated margin expansion, customer prepayments, comparatively low debt versus some peers, and a differentiated AI-cloud offering. The recent decline has led at least one analyst to upgrade the stock to Buy. Elon Musk Is Wrong About Nebius: Rating Upgrade
• Positive Sentiment: Nebius activated the first Bloom Energy fuel-cell power block at its 300-megawatt New Jersey data center, marking progress in bringing the facility online and expanding its AI-computing capacity. Nebius Starts On-Site Power at Its New Jersey Data Center
• Neutral Sentiment: Broader technology stocks received support after Anthropic filed to go public, highlighting continued investor interest in AI. The positive sector backdrop may help Nebius, although market volatility remains elevated ahead of the Federal Reserve meeting and major earnings releases. Tech Stocks Rise After Anthropic IPO Filing
• Negative Sentiment: Elon Musk warned that more than 200 neocloud companies could face failures and consolidation as financing becomes harder to obtain. The comments triggered selling across the group, including Nebius, and raised concerns about the sector’s heavy capital requirements. Neocloud Stocks Fall After Musk Warning
• Negative Sentiment: Investors are also weighing potential dilution and the difficulty of funding projected capital expenditures, reportedly expected to reach roughly $29 billion in 2027. A lower share price could make future equity financing more costly. Nebius Faces Dilution Concerns Despite Strong AI Demand

Insider Transactions at Nebius Group

In related news, insider Andrey Korolenko sold 29,090 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $234.16, for a total transaction of $6,811,714.40. Following the completion of the transaction, the insider directly owned 522,248 shares of the company’s stock, valued at $122,289,591.68. This represents a 5.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Charles Ryan sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $265.53, for a total value of $13,276,500.00. Following the completion of the sale, the director directly owned 272,533 shares of the company’s stock, valued at $72,365,687.49. This represents a 15.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders bought 1,365 shares of company stock worth $222,468 and sold 158,490 shares worth $38,111,200.

Nebius Group Company Profile

Nebius Group N.V. is a technology company focused on providing cloud infrastructure and services for artificial intelligence and machine learning applications. Through its Nebius AI division, the company offers access to high-performance computing, graphics processing units (GPUs), storage, networking, and related tools designed to help businesses and developers train, deploy, and operate AI models.

The company also operates or supports other technology businesses, including Toloka, an AI data and evaluation platform; TripleTen, an online education provider focused on technology careers; and Avride, a developer of autonomous driving and delivery technologies.