Nebius Group (NASDAQ:NBIS) Coverage Initiated at Robert W. Baird

Equities research analysts at Robert W. Baird began coverage on shares of Nebius Group (NASDAQ:NBIS) in a note issued to investors on Wednesday, MarketBeat.com reports. The firm set an “outperform” rating and a $250.00 price target on the stock. Robert W. Baird’s price target indicates a potential upside of 13.14% from the stock’s previous close.

Several other analysts have also recently weighed in on NBIS. Wolfe Research began coverage on shares of Nebius Group in a research note on Thursday, April 16th. They set a “peer perform” rating on the stock. BNP Paribas Exane began coverage on shares of Nebius Group in a research note on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 target price for the company. Northland Securities boosted their target price on Nebius Group from $248.00 to $410.00 and gave the stock an “outperform” rating in a report on Monday. Wall Street Zen raised Nebius Group from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Citizens Jmp increased their price target on Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a research report on Thursday, May 14th. Three investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $222.15.

Nebius Group Stock Up 1.3%

Shares of NASDAQ NBIS opened at $220.97 on Wednesday. Nebius Group has a 52-week low of $50.00 and a 52-week high of $299.86. 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 business has a fifty day moving average of $228.94 and a two-hundred day moving average of $156.87. The stock has a market cap of $55.91 billion, a PE ratio of 71.28 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, topping the consensus estimate of ($0.81) by $0.58. The business had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The company’s revenue was up 684.0% on a year-over-year basis. As a group, equities research analysts expect that Nebius Group will post -1.91 earnings per share for the current fiscal year.

Insider Activity

In other Nebius Group news, Director John Wilson Iv Boynton sold 5,812 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $253.29, for a total value of $1,472,121.48. Following the completion of the sale, the director owned 378,665 shares in the company, valued at approximately $95,912,057.85. This trade represents a 1.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andrey Korolenko sold 33,871 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total transaction of $7,974,926.95. Following the completion of the sale, the insider owned 551,338 shares of the company’s stock, valued at $129,812,532.10. The trade was a 5.79% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 668,405 shares of company stock worth $140,422,170.

Institutional Trading of Nebius Group

A number of hedge funds and other institutional investors have recently modified their holdings of NBIS. Allied Private Wealth LLC acquired a new position in Nebius Group during the 2nd quarter worth $25,000. Parkside Financial Bank & Trust acquired a new stake in shares of Nebius Group in the 4th quarter valued at $25,000. Root Financial Partners LLC acquired a new stake in shares of Nebius Group in the 4th quarter valued at $26,000. SHP Wealth Management bought a new stake in shares of Nebius Group during the fourth quarter worth $26,000. Finally, Sound Income Strategies LLC raised its position in shares of Nebius Group by 62.5% during the first quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 21.90% of the company’s stock.

Trending Headlines about Nebius Group

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

• Positive Sentiment: Nvidia’s disclosed 9.3% ownership stake has intensified bullish sentiment and helped validate Nebius as a key AI infrastructure player. Nebius Group (NBIS) Draws Nvidia Backing, Is It Still Below Fair Value?
• Positive Sentiment: Nebius also validated its first Vera Rubin NVL72 rack in Finland, underscoring early access to Nvidia’s latest hardware and strengthening the strategic partnership between the two companies. Nebius validates first Vera Rubin NVL72 rack in Finland days after NVDA stake
• Positive Sentiment: Wall Street turned more constructive on the stock, with Robert W. Baird upgrading Nebius to strong-buy/outperform and Northland Securities raising its price target, adding to the rally. Nebius Group is now covered by Robert W. Baird
• Positive Sentiment: Coverage highlighting the Nvidia stake and bullish analyst commentary reinforced the view that Nebius could still trade below fair value despite the sharp move higher. Cementing the Sky: Why NVIDIA’s Bet on Nebius Matters

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.