Nebius Group (NASDAQ:NBIS – Free Report) had its target price upped by Northland Securities from $248.00 to $410.00 in a report published on Monday morning,Benzinga reports. They currently have an outperform rating on the stock.
Other equities analysts have also recently issued reports about the stock. 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. BNP Paribas Exane began coverage on shares of Nebius Group in a research note on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price objective for the company. Bank of America boosted their price objective on shares of Nebius Group from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Citigroup upped their target price on shares of Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Finally, Freedom Capital cut shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $219.83.
Read Our Latest Stock Report on Nebius Group
Nebius Group Trading Up 2.8%
Nebius Group (NASDAQ:NBIS – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, beating analysts’ consensus estimates of ($0.81) by $0.58. The company had revenue of $399.00 million during the quarter, compared to the consensus estimate of $375.13 million. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The company’s revenue for the quarter was up 684.0% on a year-over-year basis. As a group, sell-side analysts forecast that Nebius Group will post -1.91 EPS for the current fiscal year.
Insider Buying and Selling
In other Nebius Group news, CEO Arkadiy Volozh sold 46,627 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $10,978,327.15. Following the sale, the chief executive officer owned 821,662 shares of the company’s stock, valued at approximately $193,460,317.90. This represents a 5.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Andrey Korolenko sold 33,871 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total value of $7,974,926.95. Following the completion of the transaction, the insider owned 551,338 shares of the company’s stock, valued at approximately $129,812,532.10. This represents a 5.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 668,405 shares of company stock valued at $140,422,170 in the last three months.
Hedge Funds Weigh In On Nebius Group
Several hedge funds have recently added to or reduced their stakes in the business. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Nebius Group by 34,371.3% in 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 last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of Nebius Group during the 4th quarter worth approximately $24,756,000. Nordea Investment Management AB acquired a new position in shares of Nebius Group during the 4th quarter worth approximately $1,401,000. Geode Capital Management LLC lifted its stake in Nebius Group by 1,095.7% in the 4th quarter. Geode Capital Management LLC now owns 2,046,799 shares of the company’s stock valued at $169,840,000 after buying an additional 1,875,612 shares in the last quarter. Finally, HB Wealth Management LLC purchased a new stake in Nebius Group in the 1st quarter valued at approximately $735,000. 21.90% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Nebius Group
Here are the key news stories impacting Nebius Group this week:
- Positive Sentiment: Northland Securities raised its price target on Nebius Group to $410 from $248 and kept an Outperform rating, signaling significant upside potential. Benzinga source article
- Positive Sentiment: Freedom Capital upgraded Nebius from Hold to Buy and raised its target to $200 from $159, saying much of the risk has already been priced in. Stocktwits source article
- Positive Sentiment: Zacks added NBIS to its Rank #1 (Strong Buy) momentum list, which may attract additional momentum-driven buyers. Zacks source article
- Neutral Sentiment: Analysts and commentators are debating Nebius versus other AI growth names and whether the recent drop makes the stock more attractive, reflecting a broader re-rating rather than a new fundamental catalyst. Zacks source article
- Neutral Sentiment: Some articles frame Nebius as a potential “buy-the-dip” opportunity after a more than 40% decline, but they also note ongoing cash burn and financing needs as the company scales its AI cloud infrastructure. Seeking Alpha source article
About Nebius Group
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.
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