Nebius Group N.V. $NBIS Stake Lessened by Covestor Ltd

Covestor Ltd lessened its holdings in Nebius Group N.V. (NASDAQ:NBIS) by 88.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 881 shares of the company’s stock after selling 6,753 shares during the quarter. Covestor Ltd’s holdings in Nebius Group were worth $243,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of NBIS. Orbis Allan Gray Ltd raised its position in Nebius Group by 12.4% during the second quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock valued at $976,681,000 after buying an additional 1,949,708 shares during the period. Jennison Associates LLC boosted its position in Nebius Group by 134.3% during the 2nd quarter. Jennison Associates LLC now owns 3,983,899 shares of the company’s stock worth $1,100,233,000 after acquiring an additional 2,283,676 shares during the period. Morgan Stanley grew its stake in Nebius Group by 35.2% during the 4th quarter. Morgan Stanley now owns 3,704,659 shares of the company’s stock valued at $310,099,000 after acquiring an additional 964,984 shares in the last quarter. Clear Street Group Inc. grew its stake in Nebius Group by 95.0% during the 4th quarter. Clear Street Group Inc. now owns 3,511,656 shares of the company’s stock valued at $293,943,000 after acquiring an additional 1,710,924 shares in the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of Nebius Group by 14.9% in the 1st quarter. Janus Henderson Group PLC now owns 3,221,553 shares of the company’s stock valued at $334,263,000 after purchasing an additional 416,733 shares during the period. Hedge funds and other institutional investors own 21.90% of the company’s stock.

Nebius Group Stock Down 3.2%

Shares of NBIS stock opened at $268.85 on Tuesday. The stock’s 50 day simple moving average is $223.55 and its 200 day simple moving average is $169.88. Nebius Group N.V. has a twelve month low of $62.01 and a twelve month high of $299.86. The company has a debt-to-equity ratio of 0.82, a quick ratio of 4.03 and a current ratio of 4.03. The company has a market capitalization of $68.02 billion, a price-to-earnings ratio of -8,958.68 and a beta of 4.23.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings results on Wednesday, August 12th. The company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.55. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The company had revenue of $582.30 million for the quarter, compared to analyst estimates of $567.91 million. During the same quarter last year, the firm posted $2.38 earnings per share. The company’s quarterly revenue was up 454% compared to the same quarter last year. As a group, research analysts predict that Nebius Group N.V. will post -3.91 EPS for the current year.

More Nebius Group News

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

• Positive Sentiment: Nebius reported quarterly revenue of $582.3 million, up 454% year over year, and adjusted its loss substantially better than analysts expected. Analysts have highlighted a large customer backlog and “backlog-fueled” capacity expansion as evidence that demand remains strong. NBIS jumps premarket as strong Q2 fuels best weekly move since 2024
• Positive Sentiment: New AI-cloud contracts reportedly priced at roughly $20 million to $25 million per megawatt have strengthened the company’s pricing-power narrative. Nebius also raised contracted-power guidance to 5 gigawatts, potentially supporting substantial future revenue growth if it can execute the build-out. Nebius: Pricing Inflection Alters Narrative
• Positive Sentiment: Commentary points to an asset-light strategy, prepayments, partnerships and rising recurring, higher-margin revenue. These factors could improve cash-flow generation and reduce reliance on debt or equity financing as capacity expands. Will Nebius’ Asset-Light Model Drive Further Margin Expansion in 2027?
• Neutral Sentiment: Analyst price-target increases, including a target of $324, and reports that Nebius may bid for Decart AI are supporting investor interest, although neither guarantees additional earnings or a completed transaction. Nebius Group Price Target Raised to $324.00
• Negative Sentiment: Valuation remains the central concern. With a premium sales multiple and expectations for extremely rapid growth, any delay in data-center construction, weaker pricing or slower customer adoption could make the stock vulnerable to a pullback. High capital needs also create potential dilution and financing risk.
• Negative Sentiment: Michael Burry has criticized the economics of AI infrastructure and flagged Nebius’s contract pricing as a warning sign. Other analysts similarly caution that revenue growth may not be sufficient to justify the current valuation, creating the possibility of a “bull trap” if the shares cannot sustain momentum above the $280s. Nebius: Potential Bull Trap

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. DA Davidson reiterated a “neutral” rating and issued a $175.00 price objective on shares of Nebius Group in a research note on Thursday, August 13th. Weiss Ratings lowered shares of Nebius Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Bank of America lifted their target price on shares of Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Morgan Stanley boosted their price target on shares of Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a report on Thursday, May 14th. Finally, Citizens Jmp upped their price target on shares of Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a research note on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Nebius Group presently has an average rating of “Moderate Buy” and an average price target of $226.00.

Insiders Place Their Bets

In other Nebius Group news, CRO Marc Boroditsky sold 10,776 shares of the business’s 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 transaction, the executive owned 26,886 shares of the company’s stock, valued at $7,425,913.20. The trade was a 28.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Arkadiy Volozh sold 46,627 shares of the company’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 $10,978,327.15. Following the sale, the chief executive officer owned 821,662 shares of the company’s stock, valued at $193,460,317.90. This trade represents a 5.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 136,310 shares of company stock worth $32,569,613 in the last ninety days.

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.