Nebius Group (NASDAQ:NBIS) Now Covered by Analysts at Robert W. Baird

Robert W. Baird assumed coverage on shares of Nebius Group (NASDAQ:NBIS) in a report released on Wednesday morning, Marketbeat reports. The firm issued an outperform rating and a $250.00 target price on the stock.

A number of other equities analysts have also commented on NBIS. Bank of America boosted their price target on shares of Nebius Group from $240.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, June 8th. DA Davidson cut shares of Nebius Group from a “buy” rating to a “neutral” rating and lifted their target price for the company from $200.00 to $250.00 in a research note on Monday, May 18th. Citizens Jmp lifted their target price on shares of Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a research note on Thursday, May 14th. Freedom Capital raised Nebius Group from a “hold” rating to a “strong-buy” rating in a report on Monday. Finally, Morgan Stanley increased their price target on Nebius Group from $126.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nebius Group has a consensus rating of “Moderate Buy” and a consensus target price of $222.15.

Nebius Group Stock Up 0.6%

Shares of NASDAQ NBIS opened at $218.16 on Wednesday. Nebius Group has a 52-week low of $50.00 and a 52-week high of $299.86. The company has a debt-to-equity ratio of 1.16, a quick ratio of 8.33 and a current ratio of 8.33. The business has a fifty day moving average of $228.94 and a two-hundred day moving average of $155.95. The stock has a market cap of $55.20 billion, a PE ratio of 70.37 and a beta of 4.10.

Nebius Group (NASDAQ:NBIS) last posted its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, topping the consensus estimate of ($0.81) by $0.58. The business had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The company’s revenue was up 684.0% on a year-over-year basis. As a group, equities research analysts expect that Nebius Group will post -1.91 earnings per share for the current fiscal year.

Insider Buying and Selling at Nebius Group

In related news, insider Andrey Korolenko sold 500,000 shares of Nebius Group stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $203.24, for a total value of $101,620,000.00. Following the completion of the sale, the insider directly owned 585,209 shares in the company, valued at $118,937,877.16. This trade represents a 46.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Arkadiy Volozh sold 46,627 shares of the business’s stock in a transaction dated 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 directly owned 821,662 shares of the company’s stock, valued at $193,460,317.90. This represents a 5.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 668,405 shares of company stock valued at $140,422,170 over the last ninety days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of NBIS. State Street Corp raised its stake in shares of Nebius Group by 2,391.3% during the fourth quarter. State Street Corp now owns 3,219,326 shares of the company’s stock worth $269,474,000 after buying an additional 3,090,103 shares during the last quarter. Capital Research Global Investors acquired a new position in Nebius Group in the fourth quarter valued at approximately $231,635,000. Accel Leaders 3 Associates L.P. acquired a new position in Nebius Group in the fourth quarter valued at approximately $188,496,000. Qube Research & Technologies Ltd bought a new position in Nebius Group in the third quarter valued at approximately $238,511,000. Finally, Orbis Allan Gray Ltd boosted its stake in Nebius Group by 12.4% in the second quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock valued at $976,681,000 after acquiring an additional 1,949,708 shares during the last quarter. Institutional investors own 21.90% of the company’s stock.

More Nebius Group News

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

• Positive Sentiment: Robert W. Baird initiated coverage with an “outperform” rating and a $250 price target, adding another bullish analyst call to the stock’s recent momentum. Benzinga article
• Positive Sentiment: Northland Securities raised its price target to $410, reinforcing the view that Nebius may still have significant upside if AI infrastructure demand keeps accelerating. Northland Securities Boosts Nebius Group (NASDAQ:NBIS) Price Target to $410.00
• Positive Sentiment: Freedom Capital Markets upgraded Nebius from hold to strong-buy, which further boosted sentiment around the stock. Zacks.com article
• Positive Sentiment: Multiple reports highlighted Nvidia’s 9.3% stake in Nebius as a strong vote of confidence in the company’s AI cloud strategy, helping extend the stock’s rally. CNBC article
• Positive Sentiment: Nebius also benefited from attention on its $775 million debt facility, which supports expansion without relying as heavily on equity dilution. Zacks article
• Neutral Sentiment: One article noted the chairman sold a small block of shares, but the transaction was limited and does not appear to change the broader bullish thesis. Motley Fool 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.