Nebius Group (NASDAQ:NBIS) Sees Large Volume Increase on Earnings Beat

Nebius Group N.V. (NASDAQ:NBIS) saw unusually-high trading volume on Friday following a better than expected earnings announcement. Approximately 19,082,116 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 18,660,547 shares. The stock last traded at $110.1370 and had previously closed at $128.64.

The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.72) by $1.02. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%. The business had revenue of $980.80 million during the quarter, compared to analysts’ expectations of $907.20 million.

Key Nebius Group News

Here’s some of the latest news about NBIS:

• Positive Sentiment: Third-quarter revenue surged 571% to $980.8 million, above expectations, as demand for AI cloud capacity remained strong. Customer prepayments covered more than 100% of new capacity build-out costs, offering some support for financing its expansion. Reuters article
• Negative Sentiment: Nebius lowered its 2026 revenue outlook to $3.0 billion–$3.4 billion, with the top of the range matching consensus, after delays at third-party data centers pushed some expected capacity and revenue into 2027. The company also said its $7 billion annualized revenue run-rate goal has slipped to February. Outlook and capacity delays
• Negative Sentiment: Investors are also wary of the scale of planned investment—reported at roughly $40 billion to $45 billion—as Nebius rapidly expands infrastructure. That raises questions about execution, returns and financing needs, even with strong customer demand. Planned spending report

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. BNP Paribas Exane upgraded shares of Nebius Group from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $260.00 to $399.00 in a research note on Thursday, September 24th. Freedom Capital raised shares of Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Rothschild & Co Redburn assumed coverage on shares of Nebius Group in a research report on Monday, September 21st. They set a “sell” rating and a $84.00 price objective for the company. Zacks Research upgraded Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 19th. Finally, Citigroup decreased their price target on Nebius Group from $324.00 to $265.00 and set a “buy” rating for the company in a research note on Wednesday, November 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $238.67.

Insider Buying and Selling

In other Nebius Group news, CTO Danila Shtan sold 14,546 shares of Nebius Group stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $234.16, for a total transaction of $3,406,091.36. Following the transaction, the chief technology officer directly owned 260,217 shares of the company’s stock, valued at $60,932,412.72. The trade was a 5.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CRO Marc Boroditsky sold 7,000 shares of the firm’s stock in a transaction on Monday, October 12th. The stock was sold at an average price of $211.23, for a total transaction of $1,478,610.00. Following the transaction, the executive directly owned 7,000 shares of the company’s stock, valued at approximately $1,478,610. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have acquired 1,718 shares of company stock worth $280,207 and have sold 103,527 shares worth $23,457,169.

Hedge Funds Weigh In On Nebius Group

Several large investors have recently bought and sold shares of the business. Saudi Central Bank grew its position in shares of Nebius Group by 110.0% in the 2nd quarter. Saudi Central Bank now owns 167,819 shares of the company’s stock valued at $46,347,000 after acquiring an additional 87,896 shares during the period. Lombard Odier Asset Management Switzerland SA acquired a new stake in shares of Nebius Group during the first quarter worth $1,087,000. Situational Awareness LP bought a new position in Nebius Group in the second quarter worth approximately $1,232,895,000. Amundi grew its stake in shares of Nebius Group by 10.6% in the 1st quarter. Amundi now owns 1,343,954 shares of the company’s stock worth $139,449,000 after acquiring an additional 128,380 shares in the last quarter. Finally, Nissay Asset Management Corp Japan purchased a new position in shares of Nebius Group in the 2nd quarter worth about $17,118,000. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Nebius Group Stock Down 14.3%

The company has a market capitalization of $27.91 billion, a PE ratio of -3,656.28 and a beta of 4.63. 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 stock’s 50 day moving average is $196.49 and its 200 day moving average is $178.58.

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.