Nebius Group N.V. (NASDAQ:NBIS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Nebius Group N.V. (NASDAQ:NBIS) has been assigned a consensus recommendation of “Moderate Buy” from the eleven analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $142.3750.

NBIS has been the subject of a number of analyst reports. BWS Financial reissued a “buy” rating and issued a $130.00 price objective on shares of Nebius Group in a report on Thursday, November 13th. DA Davidson reiterated a “buy” rating and issued a $150.00 target price on shares of Nebius Group in a report on Wednesday, November 12th. Northland Securities increased their price target on shares of Nebius Group from $206.00 to $211.00 and gave the company an “outperform” rating in a research note on Wednesday, November 12th. Morgan Stanley initiated coverage on shares of Nebius Group in a report on Thursday. They set an “equal weight” rating and a $126.00 price target for the company. Finally, Citizens Jmp started coverage on shares of Nebius Group in a research report on Wednesday, November 19th. They set a “market outperform” rating and a $175.00 price target on the stock.

Nebius Group Stock Up 4.7%

Shares of NASDAQ:NBIS opened at $108.73 on Friday. Nebius Group has a 52-week low of $18.31 and a 52-week high of $141.10. The stock has a market cap of $27.38 billion, a P/E ratio of -141.21 and a beta of 4.00. The business has a fifty day moving average of $93.01 and a two-hundred day moving average of $87.26.

Hedge Funds Weigh In On Nebius Group

Several large investors have recently modified their holdings of the business. Blue Trust Inc. lifted its position in shares of Nebius Group by 73.8% during the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 141 shares in the last quarter. Armstrong Advisory Group Inc. increased its stake in Nebius Group by 500.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 360 shares of the company’s stock worth $30,000 after buying an additional 300 shares during the period. Western Pacific Wealth Management LP acquired a new stake in Nebius Group during the 3rd quarter worth approximately $45,000. Grove Bank & Trust purchased a new position in Nebius Group in the 3rd quarter valued at approximately $50,000. Finally, Signaturefd LLC grew its stake in shares of Nebius Group by 125.0% in the second quarter. Signaturefd LLC now owns 450 shares of the company’s stock worth $25,000 after acquiring an additional 250 shares in the last quarter. Institutional investors and hedge funds own 21.90% of the company’s stock.

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.