Northland Securities Boosts Nebius Group (NASDAQ:NBIS) Price Target to $410.00

Nebius Group (NASDAQ:NBIS) had its price target boosted by equities researchers at Northland Securities from $248.00 to $410.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Northland Securities’ price target would suggest a potential upside of 89.01% from the stock’s current price.

A number of other research analysts have also weighed in on NBIS. Bank of America boosted their target price on Nebius Group from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, June 8th. DA Davidson downgraded Nebius Group from a “buy” rating to a “neutral” rating and raised their price target for the company from $200.00 to $250.00 in a report on Monday, May 18th. Wolfe Research started coverage on shares of Nebius Group in a research report on Thursday, April 16th. They set a “peer perform” rating for the company. Weiss Ratings upgraded shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Finally, Citigroup increased their price objective on shares of Nebius Group from $169.00 to $287.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $219.83.

Nebius Group Trading Up 18.8%

Shares of NASDAQ:NBIS opened at $216.92 on Monday. Nebius Group has a 52-week low of $49.00 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 company has a market capitalization of $54.89 billion, a P/E ratio of 69.97 and a beta of 4.10. The company has a 50-day simple moving average of $228.72 and a 200 day simple moving average of $155.01.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.81) by $0.58. The firm had revenue of $399.00 million for 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%.The business’s quarterly revenue was up 684.0% compared to the same quarter last year. Sell-side analysts forecast that Nebius Group will post -1.91 earnings per share for the current year.

Insider Activity at Nebius Group

In other news, CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total value of $416,785.80. Following the completion of the sale, the chief financial officer owned 12,672 shares of the company’s stock, valued at approximately $3,500,006.40. The trade was a 10.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Andrey Korolenko sold 33,871 shares of the business’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 directly owned 551,338 shares of the company’s stock, valued at approximately $129,812,532.10. The trade was a 5.79% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 668,405 shares of company stock valued at $140,422,170.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Fulcrum Equity Management increased its holdings in shares of Nebius Group by 42.5% during the second quarter. Fulcrum Equity Management now owns 3,887 shares of the company’s stock worth $1,073,000 after purchasing an additional 1,160 shares during the period. Fulton Bank N.A. bought a new stake in shares of Nebius Group in the second quarter valued at approximately $416,000. Wealthcare Advisory Partners LLC bought a new stake in shares of Nebius Group in the second quarter valued at approximately $249,000. World Equity Group Inc. acquired a new stake in Nebius Group during the second quarter worth approximately $555,000. Finally, Focus Financial Network Inc. acquired a new stake in Nebius Group during the second quarter worth approximately $600,000. Institutional investors and hedge funds own 21.90% of the company’s stock.

Key Nebius Group News

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.

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.