Nebius Group (NASDAQ:NBIS) Stock Price Down 1.2% – What’s Next?

Nebius Group N.V. (NASDAQ:NBIS)’s stock price was down 1.2% on Thursday . The company traded as low as $252.56 and last traded at $256.63. 14,376,197 shares changed hands during trading, a decline of 12% from the average session volume of 16,315,058 shares. The stock had previously closed at $259.66.

More Nebius Group News

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

• Positive Sentiment: Nebius unveiled AI Cloud 3.6 “Aether”, adding the Nebius Echo natural-language AI agent, stronger security/governance tools, and faster storage aimed at production AI workloads. Nebius AI Cloud 3.6 strengthens developer experience and governance for production operations
• Positive Sentiment: The company also said Komodor was selected to support reliability operations and automate Kubernetes troubleshooting across its hyperscale AI cloud environment, which could help improve uptime and operational efficiency. Komodor Autonomous AI SRE Platform Selected by Nebius to Support Reliability Operations
• Positive Sentiment: Reports that NBIS reached a new 1-year high reinforce the market’s bullish momentum and can attract more traders following the breakout. Nebius Group Reaches New 1-Year High – Still a Buy?
• Positive Sentiment: Broader strength in neocloud names got a boost after Micron posted record results and said growth should remain strong for years, improving sentiment around AI infrastructure demand. NBIS, CRWV, APLD, IREN: Why Are Neocloud Stocks Jumping Premarket?
• Neutral Sentiment: Commentary pieces on whether Nebius has more upside and whether it remains a “buy” may support attention on the stock, but they do not add new fundamental information. Does Nebius Group (NBIS) Have More Upside?

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on NBIS shares. Citizens Jmp upped their target price on Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a report on Thursday, May 14th. Bank of America lifted their target price 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. DA Davidson downgraded Nebius Group from a “buy” rating to a “neutral” rating and upped their price target for the company from $200.00 to $250.00 in a report on Monday, May 18th. BNP Paribas Exane initiated coverage on shares of Nebius Group in a report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 target price on the stock. Finally, Wall Street Zen upgraded Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Nebius Group presently has a consensus rating of “Moderate Buy” and an average target price of $203.25.

Nebius Group Stock Down 1.2%

The company’s 50 day moving average is $208.26 and its two-hundred day moving average is $137.93. The company has a market capitalization of $64.93 billion, a PE ratio of 82.78 and a beta of 4.03. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $399.00 million for the quarter, compared to the consensus estimate of $375.13 million. The company’s revenue was up 684.0% on a year-over-year basis. On average, analysts anticipate that Nebius Group N.V. will post -1.91 earnings per share for the current year.

Insider Transactions at Nebius Group

In other news, CRO Marc Boroditsky sold 10,776 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $2,976,331.20. Following the sale, the executive directly owned 26,886 shares in the company, valued at approximately $7,425,913.20. This represents a 28.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total value of $416,785.80. Following the sale, the chief financial officer owned 12,672 shares in the company, valued at approximately $3,500,006.40. This trade represents a 10.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 700,710 shares of company stock worth $132,153,501.

Institutional Investors Weigh In On Nebius Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust bought a new stake in shares of Nebius Group during the fourth quarter valued at approximately $25,000. Root Financial Partners LLC purchased a new position in shares of Nebius Group in the 4th quarter valued at $26,000. SHP Wealth Management bought a new position in Nebius Group in the fourth quarter worth about $26,000. Sound Income Strategies LLC raised its stake in shares of Nebius Group by 62.5% during the 1st quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after acquiring an additional 100 shares in the last quarter. Finally, Blue Trust Inc. increased its position in shares of Nebius Group by 73.8% during the fourth quarter. Blue Trust Inc. now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 141 shares in the last quarter. Institutional investors own 21.90% of the company’s stock.

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.