Nebius Group (NASDAQ:NBIS) Stock Price Down 5.3% – Should You Sell?

Nebius Group N.V. (NASDAQ:NBIS)’s stock price traded down 5.3% during mid-day trading on Thursday . The stock traded as low as $177.00 and last traded at $184.77. 18,463,033 shares changed hands during mid-day trading, an increase of 19% from the average session volume of 15,465,586 shares. The stock had previously closed at $195.09.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Recent articles highlighted Nebius as a top AI infrastructure winner, driven by its partnership with Nvidia, a growing backlog, and expectations for monster revenue growth this year. Nvidia’s $2.2 Billion Investment in This Rapidly Growing AI Company Is Working Out Great
• Positive Sentiment: Market commentary also said Nebius has become a serious contender in AI inference and continues to benefit from a large order book, which has helped keep sentiment strong. Nebius just became a serious contender in AI inference. It’s a strong buy even at all-time highs.
• Neutral Sentiment: Multiple writeups noted that Nebius has already surged significantly this year, reinforcing that momentum remains powerful but also that expectations are high. This Stock Has Soared 110% This Year, and It’s Just Getting Started
• Negative Sentiment: Director Elena Bunina disclosed a sale of 10,819 shares under a pre-arranged trading plan, which can still pressure sentiment when a stock is near all-time highs. Elena Bunina Sells 10,819 Shares of Nebius Group (NASDAQ:NBIS) Stock
• Negative Sentiment: One recent market note warned the stock looks frothy ahead of Nebius’ May 13 earnings report, raising the risk of a “sell-the-news” reaction if results do not exceed lofty expectations. MarketBeat Week in Review – 05/04 – 05/08

Analyst Ratings Changes

Several analysts have issued reports on the company. Citigroup assumed coverage on Nebius Group in a research note on Monday, March 16th. They issued a “buy” rating and a $169.00 price objective on the stock. Morgan Stanley assumed coverage on Nebius Group in a research note on Thursday, January 15th. They issued an “equal weight” rating and a $126.00 price objective on the stock. Freedom Capital lowered Nebius Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Cantor Fitzgerald started coverage on Nebius Group in a research report on Thursday, April 9th. They issued an “overweight” rating and a $129.00 target price on the stock. Finally, Wall Street Zen downgraded Nebius Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, April 11th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Nebius Group currently has an average rating of “Moderate Buy” and a consensus target price of $154.75.

Nebius Group Stock Down 4.2%

The firm has a 50-day moving average price of $125.83 and a 200 day moving average price of $107.25. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.08 and a quick ratio of 3.08. The company has a market cap of $44.59 billion, a price-to-earnings ratio of -121.28 and a beta of 4.03.

Nebius Group (NASDAQ:NBIS) last posted its earnings results on Thursday, February 12th. The company reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.42) by ($0.27). Nebius Group had a net margin of 19.02% and a negative return on equity of 11.71%. The firm had revenue of $227.70 million during the quarter, compared to analyst estimates of $246.05 million. Sell-side analysts predict that Nebius Group N.V. will post -2.44 EPS for the current year.

Insider Buying and Selling at Nebius Group

In related news, CRO Marc Boroditsky sold 4,500 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $160.10, for a total transaction of $720,450.00. Following the sale, the executive owned 42,162 shares of the company’s stock, valued at $6,750,136.20. This represents a 9.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elena Bunina sold 10,819 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $184.86, for a total value of $2,000,000.34. Following the sale, the director directly owned 21,666 shares in the company, valued at $4,005,176.76. This represents a 33.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 146,441 shares of company stock valued at $17,672,342 over the last ninety days.

Institutional Investors Weigh In On Nebius Group

A number of large investors have recently added to or reduced their stakes in the stock. Orbis Allan Gray Ltd grew its position in Nebius Group by 12.4% during the second quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock worth $976,681,000 after buying an additional 1,949,708 shares in the last quarter. Fred Alger Management LLC grew its position in Nebius Group by 33.4% during the third quarter. Fred Alger Management LLC now owns 10,132,279 shares of the company’s stock worth $1,137,551,000 after buying an additional 2,536,832 shares in the last quarter. Jericho Capital Asset Management L.P. grew its position in Nebius Group by 55.7% during the third quarter. Jericho Capital Asset Management L.P. now owns 4,607,497 shares of the company’s stock worth $517,284,000 after buying an additional 1,648,497 shares in the last quarter. Morgan Stanley grew its position in Nebius Group by 35.2% during the fourth quarter. Morgan Stanley now owns 3,704,659 shares of the company’s stock worth $310,099,000 after buying an additional 964,984 shares in the last quarter. Finally, Clear Street Group Inc. grew its position in Nebius Group by 95.0% during the fourth quarter. Clear Street Group Inc. now owns 3,511,656 shares of the company’s stock worth $293,943,000 after buying an additional 1,710,924 shares in the last quarter. Institutional investors and hedge funds own 21.90% of the company’s stock.

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.