Nebius Group (NASDAQ:NBIS) Reaches New 1-Year High – Still a Buy?

Nebius Group N.V. (NASDAQ:NBIS) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $299.86 and last traded at $283.61, with a volume of 14562977 shares trading hands. The stock had previously closed at $286.69.

Key Stories Impacting Nebius Group

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

• Positive Sentiment: Nebius launched AI Cloud 3.6 “Aether”, adding Nebius Echo, a natural-language AI agent that lets users control cloud infrastructure from the web console, along with stronger security, governance, and storage tools aimed at production AI workloads. Article Title
• Positive Sentiment: Nebius also said it selected Komodor’s autonomous AI SRE platform to improve reliability operations and speed up Kubernetes troubleshooting across its hyperscale AI cloud, which may help reduce operational friction as the company scales. Article Title
• Neutral Sentiment: Commentary pieces circulated today arguing that Nebius could still have substantial upside because of its rapid scaling in AI infrastructure, but these are opinion-driven and do not change fundamentals on their own. Article Title
• Neutral Sentiment: Additional articles highlighted Nebius as a popular AI-stock idea and compared it favorably with other infrastructure names, reinforcing investor enthusiasm but offering limited new hard news. Article Title

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on NBIS shares. BWS Financial increased their price objective on shares of Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Cantor Fitzgerald initiated coverage on shares of Nebius Group in a research note on Thursday, April 9th. They issued an “overweight” rating and a $129.00 target price for the company. Citigroup upped their target price on shares of Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Morgan Stanley increased their price target on shares of Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a research note on Thursday, May 14th. Finally, Weiss Ratings raised shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $203.25.

Nebius Group Stock Performance

The firm has a fifty day moving average of $208.26 and a 200-day moving average of $137.93. The firm has a market cap of $65.70 billion, a P/E ratio of 83.76 and a beta of 4.03. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.77) by $0.54. The firm had revenue of $399.00 million during the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.Nebius Group’s revenue was up 684.0% on a year-over-year basis. Research analysts predict that Nebius Group N.V. will post -1.91 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Arkadiy Volozh sold 33,358 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $103.73, for a total value of $3,460,225.34. Following the transaction, the chief executive officer directly owned 868,289 shares in the company, valued at $90,067,617.97. This represents a 3.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Elena Bunina sold 10,894 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $206.87, for a total transaction of $2,253,641.78. Following the completion of the transaction, the director owned 10,772 shares in the company, valued at $2,228,403.64. This represents a 50.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 700,710 shares of company stock worth $132,153,501.

Institutional Trading of Nebius Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Royal Bank of Canada acquired a new position in shares of Nebius Group in the 1st quarter valued at $1,628,000. Millennium Management LLC acquired a new stake in shares of Nebius Group during the first quarter worth $11,563,000. NewEdge Advisors LLC acquired a new stake in shares of Nebius Group during the first quarter worth $40,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in Nebius Group in the first quarter valued at about $9,084,000. Finally, Daiwa Securities Group Inc. bought a new stake in Nebius Group in the second quarter valued at about $68,000. Institutional investors own 21.90% of the company’s stock.

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.