Nebius Group (NASDAQ:NBIS) Shares Up 7.6% – Time to Buy?

Nebius Group N.V. (NASDAQ:NBIS) was up 7.6% on Friday. The company traded as high as $136.87 and last traded at $129.49. Approximately 24,403,226 shares were traded during mid-day trading, an increase of 33% from the average daily volume of 18,337,148 shares. The stock had previously closed at $120.37.

Nebius Group News Roundup

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

• Positive Sentiment: A rival neocloud reported that AI-cloud revenue nearly tripled to $200 million, with rising contract prices suggesting demand remains firm. That helped lift sentiment across the sector and supported a recovery in Nebius after Thursday’s steep decline. Article: Nebius Soars as a Rival’s AI Cloud Beat Lifts Neoclouds
• Positive Sentiment: A broader market recovery and rally in AI stocks also contributed to the rebound. Article: Nebius Stock Rises Amid Market Recovery and AI Sector Rally
• Neutral Sentiment: Investors are looking ahead to Nebius’s next earnings report, which could clarify whether the company is delivering planned capacity and converting customer commitments into revenue. Article: CoreWeave Ready to Report Q3 as AI Stocks Crumble; Nebius Also Due
• Negative Sentiment: The rebound follows a severe recent pullback. Investors remain concerned about data-center delivery delays, heavy capital requirements, financing costs and potential shareholder dilution. Political opposition to new data centers has added uncertainty around expansion plans. Article: Nebius: The Selloff Is Testing More Than Its Valuation
• Negative Sentiment: Analyst actions have also weighed on sentiment: Citi lowered its price target to $265 from $324, while keeping a Buy rating. Article: Could Nebius Actually Climb 87%? Or Is Citi Totally Wrong?

Wall Street Analyst Weigh In

Several research firms have issued reports on NBIS. Freedom Capital raised Nebius Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Northland Securities lifted their target price on Nebius Group from $248.00 to $410.00 and gave the company an “outperform” rating in a research note on Monday, July 20th. Rothschild & Co Redburn started coverage on Nebius Group in a research report on Monday, September 21st. They set a “sell” rating and a $84.00 target price for the company. Piper Sandler cut their price target on Nebius Group from $237.00 to $185.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 21st. Finally, DA Davidson reaffirmed a “neutral” rating and set a $175.00 price target on shares of Nebius Group in a research note on Thursday, August 13th. Four research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $239.56.

Nebius Group Stock Performance

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 cap of $32.76 billion, a price-to-earnings ratio of -4,314.90 and a beta of 4.63. The firm’s 50-day moving average price is $201.70 and its 200 day moving average price is $177.70.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $582.30 million for the quarter, compared to analyst estimates of $567.91 million. During the same period in the prior year, the business posted $2.38 earnings per share. Nebius Group’s revenue was up 454% compared to the same quarter last year. On average, sell-side analysts anticipate that Nebius Group N.V. will post -3.19 EPS for the current year.

Insider Buying and Selling at Nebius Group

In other news, CRO Marc Boroditsky sold 7,000 shares of the stock in a transaction on Monday, October 12th. The stock was sold at an average price of $211.23, for a total value of $1,478,610.00. Following the transaction, the executive owned 7,000 shares of the company’s stock, valued at $1,478,610. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Wilson Boynton sold 333 shares of the firm’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $173.07, for a total value of $57,632.31. Following the completion of the transaction, the director owned 403,189 shares in the company, valued at $69,779,920.23. This represents a 0.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders acquired 1,718 shares of company stock worth $280,207 and sold 158,823 shares worth $38,168,832.

Hedge Funds Weigh In On Nebius Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in shares of Nebius Group by 16.0% in the 2nd quarter. BlackRock Inc. now owns 11,531,270 shares of the company’s stock valued at $3,184,591,000 after acquiring an additional 1,593,684 shares during the last quarter. Situational Awareness LP acquired a new stake in shares of Nebius Group in the 2nd quarter valued at approximately $1,232,895,000. State Street Corp boosted its stake in Nebius Group by 16.2% during the 2nd quarter. State Street Corp now owns 4,069,875 shares of the company’s stock worth $1,123,977,000 after acquiring an additional 568,415 shares during the last quarter. Jennison Associates LLC boosted its stake 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 last quarter. Finally, Accel Leaders 4 Associates L.P. bought a new position in Nebius Group during the 2nd quarter worth approximately $1,012,097,322. Institutional investors own 21.90% of the company’s stock.

About Nebius Group

Nebius Group is a technology company focused on building infrastructure for artificial intelligence. Its core business, Nebius, offers cloud computing services and access to accelerated computing resources designed to help developers and organizations train and run AI models.

The company also has businesses in areas including data services for AI, autonomous mobility and online education. Based in Amsterdam, Nebius serves customers internationally and is developing data center and computing capacity to support its AI cloud services.

Nebius Group was formerly known as Yandex N.V.