Nebius Group (NASDAQ:NBIS) Shares Up 1.9% – Here’s Why

Nebius Group N.V. (NASDAQ:NBIS) shares traded up 1.9% during trading on Tuesday . The company traded as high as $277.35 and last traded at $265.10. Approximately 14,516,097 shares traded hands during trading, a decline of 10% from the average session volume of 16,075,098 shares. The stock had previously closed at $260.07.

More Nebius Group News

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

• Positive Sentiment: Nebius has amassed a reported $9.3 billion cash reserve, giving it substantial funding flexibility to accelerate AI cloud buildout while demand remains stronger than supply. Nebius Amasses $9.3B Cash Reserve: Can It Accelerate AI Buildout?
• Positive Sentiment: The company closed its Eigen AI acquisition and announced new UK data centers, expanding its platform, engineering footprint, and capacity for future growth. Nebius Group (NBIS) Closes Eigen AI Deal And Opens Three New UK Data Centers
• Positive Sentiment: Multiple reports say NBIS reached record highs after being added to the Nasdaq-100, which can trigger index-fund buying and broaden demand for the shares. Dear Nebius Stock Fans, Mark Your Calendars for June 22
• Positive Sentiment: Analyst commentary has turned more bullish, with some pieces arguing Nebius still has meaningful upside if AI demand, ARR growth, and capacity expansion continue. Nebius: The Road To $400
• Neutral Sentiment: One note warned that valuation is becoming stretched after the rally, suggesting some upside may already be priced in. Nebius: Time To Sell
• Neutral Sentiment: Traders also pointed to bullish order-flow signals and speculation around new data-center plans, adding momentum but not fundamentally changing the outlook. Nebius Shares Rise Over 5% After Key Trading Signal

Analysts Set New Price Targets

A number of equities research analysts have issued reports on NBIS shares. BNP Paribas Exane started coverage on shares of Nebius Group in a research report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 target price for the company. Cantor Fitzgerald initiated coverage on shares of Nebius Group in a report on Thursday, April 9th. They set an “overweight” rating and a $129.00 price target on the stock. Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Wolfe Research assumed coverage on Nebius Group in a report on Thursday, April 16th. They set a “peer perform” rating for the company. Finally, Compass Point began coverage on Nebius Group in a research report on Wednesday, February 18th. They set a “buy” rating and a $150.00 price objective for the company. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $203.25.

Nebius Group Stock Up 2.1%

The business has a fifty day moving average of $193.98 and a 200 day moving average of $131.60. The stock has a market cap of $72.54 billion, a price-to-earnings ratio of 92.48 and a beta of 4.03. The company has a debt-to-equity ratio of 1.16, a current ratio of 8.33 and a quick ratio of 8.33.

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

Insider Buying and Selling at Nebius Group

In related news, CTO Danila Shtan sold 15,678 shares of Nebius Group stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $238.96, for a total value of $3,746,414.88. Following the completion of the sale, the chief technology officer owned 291,700 shares of the company’s stock, valued at approximately $69,704,632. The trade was a 5.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Marc Boroditsky sold 10,776 shares of Nebius Group stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $2,976,331.20. Following the completion of the sale, the executive directly owned 26,886 shares of the company’s stock, valued at approximately $7,425,913.20. The trade was a 28.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 700,710 shares of company stock worth $132,153,501 in the last ninety days.

Institutional Trading of Nebius Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Parkside Financial Bank & Trust acquired a new position in shares of Nebius Group during the 4th quarter valued at about $25,000. Root Financial Partners LLC acquired a new stake in Nebius Group in the 4th quarter worth approximately $26,000. SHP Wealth Management bought a new stake in Nebius Group during the fourth quarter worth approximately $26,000. Sound Income Strategies LLC boosted its position in 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 purchasing an additional 100 shares during the period. Finally, Blue Trust Inc. grew its holdings in Nebius Group by 73.8% during the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 141 shares during 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.