Nebius Group (NASDAQ:NBIS) Stock Price Down 4% – Here’s What Happened

Shares of Nebius Group N.V. (NASDAQ:NBIS) traded down 4% during trading on Wednesday. The stock traded as low as $226.39 and last traded at $226.61. 10,862,018 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 17,765,396 shares. The stock had previously closed at $236.12.

Nebius Group News Summary

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

• Positive Sentiment: BNP Paribas Exane upgraded Nebius from Neutral to Outperform and raised its price target to $399 from $260. The new target reflects expectations for strong AI-compute demand and improved pricing. Nebius Stock Falls 2.5% While $399 Target Tests AI Expectations
• Positive Sentiment: Nebius reportedly plans to increase GPU-cloud prices next week, suggesting that demand for AI computing capacity remains strong and could support higher revenue and margins. Nebius Group to Hike Prices Next Week
• Positive Sentiment: Bank of America lifted its revenue forecasts, projecting fiscal 2027 revenue of $12.7 billion and fiscal 2028 revenue of $27.3 billion, above current consensus estimates. The revisions reflect Nebius’ capacity expansion and differentiated pricing strategy. Nebius Gets BofA Boost
• Neutral Sentiment: The stock remains highly volatile and richly valued after a sharp 12-month advance. The $399 target has reinforced bullish sentiment, but it also raises expectations that Nebius must execute successfully on its ambitious growth plans.
• Negative Sentiment: Investors are increasingly concerned about the capital required to build additional GPU capacity. The company’s expansion could require substantial financing, while expensive infrastructure and funding costs may pressure returns.
• Negative Sentiment: Nebius Chairman of the Board sold more than 6,000 shares for approximately $1.3 million at an average price of $210.36. Although the sale represented only about 2% of his prior stake, insider selling can weigh on sentiment after a major rally. Nebius Chairman Sells Shares
• Negative Sentiment: Neocloud shares broadly sold off as investors assessed bearish research, financing risks and questions about future GPU-rental economics. Michael Burry’s reported expanded short position and recent Sell ratings on the sector add to pressure on NBIS.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NBIS. Bank of America boosted their price target on shares of Nebius Group from $240.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. Zacks Research downgraded shares of Nebius Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. Citigroup boosted their target price on shares of Nebius Group from $278.00 to $324.00 and gave the company a “buy” rating in a report on Friday, August 14th. Robert W. Baird upped their price target on shares of Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a research report on Thursday, August 13th. Finally, BNP Paribas Exane upgraded Nebius Group from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $260.00 to $399.00 in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $241.80.

Nebius Group Price Performance

The company has a debt-to-equity ratio of 0.82, a current ratio of 4.03 and a quick ratio of 4.03. The firm has a market capitalization of $60.07 billion, a price-to-earnings ratio of -7,905.96 and a beta of 4.23. The business’s fifty day simple moving average is $215.35 and its 200 day simple moving average is $195.05.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.67) by $0.55. Nebius Group had a net margin of 4.55% and a negative return on equity of 6.03%. The company had revenue of $582.30 million for the quarter, compared to analysts’ expectations of $567.91 million. During the same quarter in the prior year, the firm earned $2.38 EPS. The business’s revenue was up 454% on a year-over-year basis. On average, research analysts forecast that Nebius Group N.V. will post -3.76 EPS for the current year.

Insider Transactions at Nebius Group

In related news, CRO Marc Boroditsky sold 7,000 shares of the stock in a transaction on Monday, September 14th. The stock was sold at an average price of $209.08, for a total value of $1,463,560.00. Following the transaction, the executive directly owned 5,000 shares in the company, valued at $1,045,400. This trade represents a 58.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Sanchez Maria Del Dado Alonso sold 470 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $196.00, for a total transaction of $92,120.00. Following the sale, the chief financial officer owned 12,202 shares of the company’s stock, valued at $2,391,592. This trade represents a 3.71% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 182,587 shares of company stock valued at $43,618,456.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. BlackRock Inc. raised its holdings in shares of Nebius Group by 16.0% in the second quarter. BlackRock Inc. now owns 11,531,270 shares of the company’s stock valued at $3,184,591,000 after purchasing an additional 1,593,684 shares during the last quarter. Situational Awareness LP purchased a new position in Nebius Group during the second quarter worth about $1,232,895,000. State Street Corp grew its position in Nebius Group by 16.2% in the 2nd quarter. State Street Corp now owns 4,069,875 shares of the company’s stock worth $1,123,977,000 after purchasing an additional 568,415 shares in the last quarter. Jennison Associates LLC increased its stake in Nebius Group by 134.3% in the 2nd quarter. Jennison Associates LLC now owns 3,983,899 shares of the company’s stock valued at $1,100,233,000 after buying an additional 2,283,676 shares during the last quarter. Finally, Accel Leaders 4 Associates L.P. purchased a new stake in Nebius Group in the 2nd quarter valued at about $1,012,097,322. 21.90% of the stock is currently owned by institutional investors and hedge funds.

About Nebius Group

Nebius Group N.V. (NASDAQ: NBIS) is a technology company focused on artificial intelligence infrastructure and related services. Its principal business is Nebius AI, a cloud platform that provides computing, storage, networking and managed infrastructure designed to support the development and deployment of AI applications, including access to accelerated computing resources.

The company also operates or develops businesses in adjacent technology markets. These include Toloka, which provides data and evaluation services for machine-learning systems; TripleTen, an online education platform offering technology-focused training; and Avride, a developer of autonomous driving and delivery technologies.