Nebius Group (NASDAQ:NBIS) Stock Price Up 6% – Time to Buy?

Nebius Group N.V. (NASDAQ:NBIS)’s stock price was up 6% during trading on Wednesday . The company traded as high as $297.93 and last traded at $280.91. Approximately 23,901,882 shares traded hands during mid-day trading, an increase of 48% from the average daily volume of 16,153,993 shares. The stock had previously closed at $265.10.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Nebius will join the Nasdaq-100 on June 22, creating potential demand from passive funds and benchmark-tracking managers. Dear Nebius stock fans, mark your calendars for June 22
• Positive Sentiment: The company completed its acquisition of Eigen AI and said it is integrating Eigen’s optimization stack into its AI inference platform, which investors view as strengthening Nebius’ full-stack AI offering. Nebius Group (NBIS) Closes Eigen AI Deal And Opens Three New UK Data Centers
• Positive Sentiment: Nebius also announced three new UK data centers and a large infrastructure investment, reinforcing its growth story in AI cloud capacity and suggesting continued revenue expansion ahead. Nebius Group (NBIS) Closes Eigen AI Deal And Opens Three New UK Data Centers
• Neutral Sentiment: Recent commentary notes that Nebius shares have already risen sharply over the past three months, so some traders may be asking whether the AI-driven rally can continue from current levels. Nebius Soars 124% in 3 Months: Should You Buy, Hold, or Fold?
• Negative Sentiment: Insider selling, including a director sale filed this week, may slightly temper sentiment, even though the transaction was made under a pre-arranged trading plan. Nebius Group insider trades

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on NBIS shares. DA Davidson downgraded shares of Nebius Group from a “buy” rating to a “neutral” rating and lifted their price target for the company from $200.00 to $250.00 in a research report on Monday, May 18th. Freedom Capital downgraded shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Compass Point started coverage on shares of Nebius Group in a research report on Wednesday, February 18th. They set a “buy” rating and a $150.00 price target for the company. BNP Paribas Exane started coverage on shares of Nebius Group in a research report on Tuesday, June 2nd. They set a “neutral” rating and a $255.00 price target for the company. Finally, Citizens Jmp lifted their price target on shares of Nebius Group from $175.00 to $270.00 and gave the company a “market outperform” rating in a research report on Thursday, May 14th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $203.25.

Nebius Group Stock Performance

The stock’s 50-day moving average price is $190.62 and its 200-day moving average price is $130.29. 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 company has a market capitalization of $71.08 billion, a price-to-earnings ratio of 90.62 and a beta of 4.03.

Nebius Group (NASDAQ:NBIS) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.77) by $0.54. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The firm had revenue of $399.00 million during the quarter, compared to the consensus estimate of $375.13 million. The firm’s quarterly revenue was up 684.0% compared to the same quarter last year. As a group, equities research analysts expect that Nebius Group N.V. will post -1.91 earnings per share for the current year.

Insider Activity

In related news, CEO Arkadiy Volozh sold 33,358 shares of Nebius Group stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $103.73, for a total transaction of $3,460,225.34. Following the completion of the transaction, the chief executive officer directly owned 868,289 shares in the company, valued at $90,067,617.97. The trade was a 3.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Andrey Korolenko sold 500,000 shares of Nebius Group stock in a transaction that occurred on 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 transaction, the insider owned 585,209 shares of the company’s stock, valued at $118,937,877.16. This represents a 46.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 700,710 shares of company stock worth $132,153,501.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of NBIS. Parkside Financial Bank & Trust acquired a new position in shares of Nebius Group during the 4th quarter worth approximately $25,000. Root Financial Partners LLC acquired a new position in Nebius Group in the 4th quarter valued at $26,000. SHP Wealth Management acquired a new position in Nebius Group in the 4th quarter valued at $26,000. Sound Income Strategies LLC raised its holdings in Nebius Group by 62.5% in the 1st quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock valued at $27,000 after acquiring an additional 100 shares during the last quarter. Finally, Blue Trust Inc. raised its holdings in Nebius Group by 73.8% in the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 141 shares during the last quarter. 21.90% of the stock is currently owned by institutional investors and hedge funds.

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.