Zevenbergen Capital Investments LLC Lowers Stock Position in Nebius Group N.V. $NBIS

Zevenbergen Capital Investments LLC cut its stake in shares of Nebius Group N.V. (NASDAQ:NBIS) by 18.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 42,250 shares of the company’s stock after selling 9,675 shares during the period. Zevenbergen Capital Investments LLC’s holdings in Nebius Group were worth $3,537,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in NBIS. Royal Bank of Canada purchased a new position in shares of Nebius Group during the 1st quarter worth approximately $1,628,000. Millennium Management LLC purchased a new stake in Nebius Group in the first quarter valued at approximately $11,563,000. NewEdge Advisors LLC purchased a new stake in Nebius Group in the first quarter valued at approximately $40,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in Nebius Group during the first quarter worth $9,084,000. Finally, Geode Capital Management LLC acquired a new position in Nebius Group during the second quarter worth $9,297,000. 21.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NBIS has been the subject of a number of research reports. DA Davidson lifted their price objective on Nebius Group from $150.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Freedom Capital raised Nebius Group to a “strong-buy” rating in a research note on Tuesday, February 3rd. Weiss Ratings cut Nebius Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, January 15th. Compass Point began coverage on Nebius Group in a research report on Wednesday, February 18th. They issued a “buy” rating and a $150.00 target price for the company. Finally, Bank of America initiated coverage on shares of Nebius Group in a research note on Tuesday, March 24th. They set a “buy” rating and a $150.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Nebius Group presently has an average rating of “Moderate Buy” and an average price target of $157.09.

Nebius Group Price Performance

NBIS stock opened at $92.26 on Tuesday. The business has a 50 day moving average price of $99.62 and a 200 day moving average price of $101.54. The company has a quick ratio of 6.57, a current ratio of 3.08 and a debt-to-equity ratio of 0.89. The stock has a market cap of $23.23 billion, a price-to-earnings ratio of -63.19 and a beta of 4.02. Nebius Group N.V. has a fifty-two week low of $18.31 and a fifty-two week high of $141.10.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings results on Thursday, February 12th. The company reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.42) by ($0.27). Nebius Group had a net margin of 19.02% and a negative return on equity of 11.70%. The company had revenue of $227.70 million during the quarter, compared to analysts’ expectations of $246.05 million. Equities research analysts anticipate that Nebius Group N.V. will post -1.1 earnings per share for the current fiscal year.

Nebius Group News Summary

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

• Positive Sentiment: Nebius announced a major European expansion: a 310 MW AI “factory” in Lappeenranta, Finland (project cost cited at >$10B, first capacity expected 2027). This materially expands long‑term capacity and underpins Nebius’s infrastructure-led growth story. Nebius furthers European expansion with $10 billion AI data centre in Finland
• Positive Sentiment: Nebius launched Aether 3.5 (AI Cloud 3.5) with serverless tools and new NVIDIA GPU offerings to simplify scaling AI workloads — a product move that should help drive customer uptake and higher-margin cloud revenue over time. Nebius Launches Aether 3.5 to Simplify and Scale AI Workloads
• Positive Sentiment: Strategic partner endorsements: Nvidia’s large strategic commitment and reported customer agreements (including a transformational Meta contract that can guarantee billions in capacity purchases) provide demand visibility and a “safety net” for capacity buildouts. These relationships de‑risk long‑term revenue growth. Nebius profile and coverage (MarketBeat) Nebius: Catch This AI Dip With A Safety Net
• Neutral Sentiment: Broader market context is positive this morning (futures higher), which may limit downside but so far sentiment is stock‑specific for NBIS. Stock Market Today: S&P 500, Dow Futures Jump…
• Negative Sentiment: Near‑term pressure from a recent upsized convertible senior‑note offering (~$4B) — investors view the deal as creating equity overhang and potential dilution; hedging by note buyers can mechanically raise share supply and weigh on the stock. Nebius Group (NBIS) slides 5.9% as investors continue to digest recent $4B convertible-note raise
• Negative Sentiment: Recent quarterly results (Feb) missed EPS and revenue expectations, which combined with heavy capital spending raises short‑term profitability and execution concerns for some investors.

Nebius Group 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.