Nebius Group N.V. (NASDAQ:NBIS) Receives $143.22 Consensus Price Target from Brokerages

Nebius Group N.V. (NASDAQ:NBIS) has earned an average rating of “Moderate Buy” from the eleven ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, seven have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $143.2222.

A number of equities research analysts recently weighed in on NBIS shares. Wall Street Zen lowered Nebius Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Weiss Ratings downgraded Nebius Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, January 15th. Northland Securities boosted their price target on Nebius Group from $206.00 to $211.00 and gave the stock an “outperform” rating in a report on Wednesday, November 12th. CICC Research began coverage on Nebius Group in a research note on Tuesday, November 11th. They issued an “outperform” rating and a $143.00 price objective for the company. Finally, BWS Financial reiterated a “buy” rating and issued a $130.00 price objective on shares of Nebius Group in a report on Tuesday, February 17th.

Hedge Funds Weigh In On Nebius Group

Large investors have recently modified their holdings of the business. Harbor Advisors LLC grew its stake in shares of Nebius Group by 0.4% in the third quarter. Harbor Advisors LLC now owns 27,600 shares of the company’s stock worth $3,099,000 after purchasing an additional 100 shares during the last quarter. Calton & Associates Inc. raised its position in Nebius Group by 2.7% during the 4th quarter. Calton & Associates Inc. now owns 4,774 shares of the company’s stock worth $400,000 after purchasing an additional 124 shares during the last quarter. SOA Wealth Advisors LLC. lifted its holdings in Nebius Group by 38.5% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company’s stock worth $51,000 after buying an additional 125 shares during the period. Keybank National Association OH grew its position in shares of Nebius Group by 5.7% in the 4th quarter. Keybank National Association OH now owns 2,584 shares of the company’s stock valued at $216,000 after buying an additional 140 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in shares of Nebius Group by 73.8% in the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after buying an additional 141 shares during the period. Institutional investors own 21.90% of the company’s stock.

Nebius Group Price Performance

NBIS stock opened at $96.43 on Friday. The stock has a market cap of $24.28 billion, a price-to-earnings ratio of -66.05 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 company has a 50 day simple moving average of $95.58 and a 200 day simple moving average of $97.62. Nebius Group has a 1 year low of $18.31 and a 1 year high of $141.10.

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). The company had revenue of $227.70 million during the quarter, compared to analyst estimates of $246.05 million. Nebius Group had a net margin of 19.02% and a negative return on equity of 11.70%. Research analysts anticipate that Nebius Group will post -1.1 EPS for the current fiscal year.

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.