Assenagon Asset Management S.A. Buys New Shares in Nebius Group N.V. $NBIS

Assenagon Asset Management S.A. bought a new position in shares of Nebius Group N.V. (NASDAQ:NBIS) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,727 shares of the company’s stock, valued at approximately $814,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Orbis Allan Gray Ltd increased its stake in shares of Nebius Group by 12.4% during the second quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock worth $976,681,000 after purchasing an additional 1,949,708 shares during the period. Fred Alger Management LLC boosted its stake in Nebius Group by 33.4% in the 3rd quarter. Fred Alger Management LLC now owns 10,132,279 shares of the company’s stock valued at $1,137,551,000 after purchasing an additional 2,536,832 shares during the period. Jericho Capital Asset Management L.P. grew its holdings in Nebius Group by 55.7% in the 3rd quarter. Jericho Capital Asset Management L.P. now owns 4,607,497 shares of the company’s stock valued at $517,284,000 after buying an additional 1,648,497 shares in the last quarter. Invesco Ltd. grew its holdings in Nebius Group by 2.7% in the 2nd quarter. Invesco Ltd. now owns 3,587,811 shares of the company’s stock valued at $198,514,000 after buying an additional 92,710 shares in the last quarter. Finally, Rovida Investment Management Ltd increased its position in Nebius Group by 26.0% during the 3rd quarter. Rovida Investment Management Ltd now owns 2,193,647 shares of the company’s stock worth $246,193,000 after buying an additional 453,000 shares during the period. 21.90% of the stock is owned by institutional investors.

Nebius Group Stock Up 12.5%

Shares of NBIS opened at $103.76 on Wednesday. Nebius Group N.V. has a one year low of $18.31 and a one year high of $141.10. The company has a market cap of $26.13 billion, a P/E ratio of -71.07 and a beta of 4.02. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 6.57. The firm has a 50 day simple moving average of $99.71 and a two-hundred day simple moving average of $101.63.

Nebius Group (NASDAQ:NBIS) last issued its earnings results on Thursday, February 12th. The company reported ($0.69) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.42) by ($0.27). Nebius Group had a net margin of 19.02% and a negative return on equity of 11.70%. The business had revenue of $227.70 million during the quarter, compared to analyst estimates of $246.05 million. Research analysts forecast that Nebius Group N.V. will post -1.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on NBIS. Weiss Ratings downgraded Nebius Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, January 15th. BWS Financial lifted their price objective on shares of Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Citigroup assumed coverage on shares of Nebius Group in a report on Monday, March 16th. They issued a “buy” rating and a $169.00 price objective for the company. Bank of America started coverage on shares of Nebius Group in a research report on Tuesday, March 24th. They set a “buy” rating and a $150.00 target price on the stock. Finally, DA Davidson lifted their price target on shares of Nebius Group from $150.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $157.09.

Nebius Group News Summary

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

• Positive Sentiment: Nebius unveiled plans to build a 310 MW AI “factory” in Lappeenranta, Finland — a multi‑phase project due to begin delivering capacity in 2027 and described as a >$10 billion buildout. The scale strengthens Nebius’s European footprint and supports its ability to serve large enterprise customers. Nebius furthers European expansion with $10 billion AI data centre in Finland
• Positive Sentiment: MarketBeat highlighted Nebius as a top pure‑play AI cloud infrastructure name, noting Nvidia’s $2B strategic commitment and management’s aggressive ARR targets (feeable upside if Nebius can deploy capacity). Positive third‑party coverage is helping sentiment. 5 Cloud and AI Infrastructure Stocks Powering the Next Wave of AI
• Positive Sentiment: Nebius launched Aether 3.5 — serverless AI cloud tools with NVIDIA GPUs — aimed at simplifying and scaling AI workloads. Product upgrades help monetization if adoption accelerates alongside capacity expansion. Nebius Launches Aether 3.5 to Simplify and Scale AI Workloads
• Positive Sentiment: Analyst and deep‑dive pieces (Seeking Alpha, others) reiterate bullish theses — steep revenue growth, multi‑billion contracts with Microsoft/Meta/Nvidia, and high upside price targets — reinforcing a growth valuation narrative. Nebius’s Sell-Off Puts Its AI Cloud Growth At A Steal
• Neutral Sentiment: NBIS’s move is also occurring as part of a broader AI‑infrastructure rally (CoreWeave and peers), so some of the intraday strength reflects sector momentum rather than company‑specific news alone. CoreWeave Surges 8%, Nebius Gains 7: AI Infrastructure Stocks Rally
• Negative Sentiment: Near‑term risk: investors remain sensitive to Nebius’s recent large convertible‑note financing (roughly $4B reported) — a common source of overhang/dilution and technical selling as hedged positions settle. That financing has pressured the stock in prior sessions. Nebius Group slides as investors digest $4B convertible-note raise

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.