Nebius Group (NASDAQ:NBIS) Stock Price Up 34.1% – Still a Buy?

Shares of Nebius Group N.V. (NASDAQ:NBIS) were up 34.1% on Wednesday . The company traded as high as $259.44 and last traded at $259.20. Approximately 62,583,587 shares traded hands during mid-day trading, an increase of 255% from the average session volume of 17,607,676 shares. The stock had previously closed at $193.23.

Key Nebius Group News

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

• Positive Sentiment: Exceptional Q2 growth: Revenue rose 454% year over year to $582.3 million, exceeding expectations of $567.9 million. Adjusted EBITDA reached $236 million, while annualized run-rate revenue approached $3 billion. EPS of negative $0.12 also beat the consensus loss estimate of negative $0.67. Nebius Group Q2 2026 Earnings Call Highlights
• Positive Sentiment: Large backlog and pricing power: Nebius’ backlog reportedly exceeds $40 billion. Its first capacity auction cleared 15% above its previous peak pricing and 20% above quotes for Blackwell chips, suggesting AI compute demand remains stronger than available supply. Nebius Q3 Auction Rating Upgrade
• Positive Sentiment: Lower funding risk: Customer prepayments now cover an estimated 50% to 60% of required capital expenditures, helping finance the AI infrastructure buildout without relying as heavily on debt or equity markets. Nebius Has More Power, More Contracts, and More Upside Potential
• Positive Sentiment: UK expansion: Nebius will deploy NVIDIA-powered infrastructure at Vantage Data Centers’ Newport, Wales, campus. The project is the first announced commercial capacity commitment in the South Wales AI Growth Zone and expands access to domestic UK compute capacity. Vantage and Nebius Expand UK AI Infrastructure
• Neutral Sentiment: Mixed analyst signals: BofA raised its price target to $310 and Robert W. Baird lifted its target to $340 with an outperform rating. A more bullish Seeking Alpha analysis set a $454 target, while DA Davidson maintained a neutral rating with a $175 target. BofA Tweaks Nebius Stock Price Target
• Negative Sentiment: Valuation and execution concerns: After its sharp advance, NBIS trades at a very high sales valuation, while unbilled customer prepayments have increased substantially. Investors also face capacity-delivery risk, heavy infrastructure spending and volatility. Michael Burry’s disclosed short position underscores the bearish debate. Michael Burry Shorts Nebius Stock

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Morgan Stanley boosted their price target on Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a research note on Thursday, May 14th. DA Davidson reissued a “neutral” rating and issued a $175.00 price objective on shares of Nebius Group in a report on Thursday. Zacks Research lowered shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Citizens Jmp upped their target price on shares of Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a report on Thursday, May 14th. Finally, Robert W. Baird increased their price target on shares of Nebius Group from $250.00 to $340.00 and gave the stock an “outperform” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Nebius Group presently has an average rating of “Moderate Buy” and an average target price of $222.71.

Nebius Group Stock Performance

The business has a 50-day simple moving average of $221.54 and a 200 day simple moving average of $167.36. The company has a debt-to-equity ratio of 1.16, a current ratio of 8.33 and a quick ratio of 8.33. The firm has a market cap of $69.45 billion, a PE ratio of -9,174.68 and a beta of 4.23.

Nebius Group (NASDAQ:NBIS) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.55. Nebius Group had a negative return on equity of 7.33% and a net margin of 4.55%.The firm had revenue of $582.30 million for the quarter, compared to analysts’ expectations of $567.91 million. During the same period in the previous year, the firm earned $2.38 EPS. The business’s quarterly revenue was up 454% on a year-over-year basis. Equities research analysts forecast that Nebius Group N.V. will post -3.91 EPS for the current year.

Insider Activity

In related news, CTO Danila Shtan sold 16,937 shares of Nebius Group stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total transaction of $3,987,816.65. Following the transaction, the chief technology officer owned 274,763 shares in the company, valued at approximately $64,692,948.35. The trade was a 5.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Andrey Korolenko sold 33,871 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $7,974,926.95. Following the completion of the sale, the insider owned 551,338 shares of the company’s stock, valued at $129,812,532.10. The trade was a 5.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 136,310 shares of company stock worth $32,569,613.

Institutional Trading of Nebius Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in NBIS. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Nebius Group by 34,371.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 93,762 shares of the company’s stock valued at $7,848,000 after purchasing an additional 93,490 shares during the period. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of Nebius Group in the 4th quarter worth approximately $24,756,000. Lombard Odier Asset Management Switzerland SA bought a new position in shares of Nebius Group during the 1st quarter valued at approximately $1,087,000. Geode Capital Management LLC increased its position in shares of Nebius Group by 1,095.7% during the 4th quarter. Geode Capital Management LLC now owns 2,046,799 shares of the company’s stock valued at $169,840,000 after purchasing an additional 1,875,612 shares during the last quarter. Finally, HB Wealth Management LLC purchased a new stake in Nebius Group during the 1st quarter valued at $735,000. Institutional investors 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.