Nebius Group (NASDAQ:NBIS) Shares Gap Up on Analyst Upgrade

Nebius Group N.V. (NASDAQ:NBIS) gapped up before the market opened on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock had previously closed at $177.71, but opened at $186.97. Nebius Group shares last traded at $186.8930, with a volume of 3,363,405 shares.

Several other research firms also recently commented on NBIS. Wolfe Research began coverage on Nebius Group in a research note on Thursday, April 16th. They set a “peer perform” rating for the company. Freedom Capital raised Nebius Group from a “hold” rating to a “strong-buy” rating in a report on Monday. Cantor Fitzgerald initiated coverage on Nebius Group in a research note on Thursday, April 9th. They set an “overweight” rating and a $129.00 price target for the company. BNP Paribas Exane initiated coverage on Nebius Group in a report on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 price target for the company. Finally, Bank of America lifted their price objective on shares of Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Nebius Group currently has an average rating of “Moderate Buy” and an average price target of $219.83.

Insider Transactions at Nebius Group

In other news, CTO Danila Shtan sold 16,937 shares of Nebius Group stock in a transaction dated Wednesday, July 1st. The shares were 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 directly owned 274,763 shares in the company, valued at $64,692,948.35. The trade was a 5.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Andrey Korolenko sold 500,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $203.24, for a total value of $101,620,000.00. Following the completion of the transaction, the insider owned 585,209 shares of the company’s stock, valued at $118,937,877.16. This trade represents a 46.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 668,405 shares of company stock worth $140,422,170 in the last ninety days.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Nvidia’s disclosure of a 9.3% stake has been the main catalyst, sending NBIS higher as investors read it as a strong endorsement of Nebius’s AI cloud platform. Nebius (NBIS) Soars on Nvidia 9.3% Stake; Hedge Fund Bets More Than Double
• Positive Sentiment: Several outlets reported the stock’s surge as part of a broader rebound in AI and chip-related names, which can support near-term trading momentum. Nebius stock surges as Nvidia discloses 9.3% stake in neocloud
• Positive Sentiment: Analysts also turned more bullish, including a Freedom Capital upgrade to strong-buy and a Northland price-target increase, suggesting Wall Street sees more upside after the latest rally. Can Nebius’ $775M Debt Facility Accelerate Its Global AI Expansion?
• Neutral Sentiment: Nebius also secured a $775 million debt facility to fund AI infrastructure expansion, which is supportive for growth but adds financial leverage as the company scales. Can Nebius’ $775M Debt Facility Accelerate Its Global AI Expansion?
• Negative Sentiment: Chairman John Boynton sold about $1.4 million worth of shares, which may be viewed as a minor overhang even though it is not unusual for insiders to sell stock. Nebius Chairman Sells Company Shares Worth $1.4 Million. Here’s a Closer Look at the Transaction.

Hedge Funds Weigh In On Nebius Group

Hedge funds have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Nebius Group by 34,371.3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 93,762 shares of the company’s stock valued at $7,848,000 after buying an additional 93,490 shares during the period. Sumitomo Mitsui Trust Group Inc. purchased a new stake in Nebius Group during the fourth quarter worth approximately $24,756,000. Nordea Investment Management AB purchased a new stake in Nebius Group during the fourth quarter worth approximately $1,401,000. Geode Capital Management LLC increased its position in shares of Nebius Group by 1,095.7% in the fourth quarter. Geode Capital Management LLC now owns 2,046,799 shares of the company’s stock worth $169,840,000 after acquiring an additional 1,875,612 shares in the last quarter. Finally, HB Wealth Management LLC acquired a new stake in shares of Nebius Group in the first quarter worth $735,000. Institutional investors and hedge funds own 21.90% of the company’s stock.

Nebius Group Stock Performance

The stock’s 50 day moving average price is $228.72 and its 200 day moving average price is $155.01. 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 firm has a market cap of $54.89 billion, a PE ratio of 69.97 and a beta of 4.10.

Nebius Group (NASDAQ:NBIS) last posted its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $375.13 million. The business’s revenue was up 684.0% compared to the same quarter last year. As a group, equities analysts forecast that Nebius Group N.V. will post -1.91 earnings per share for the current fiscal year.

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.