Nebius Group (NASDAQ:NBIS) Stock Price Down 6.8% – Here’s What Happened

Nebius Group N.V. (NASDAQ:NBIS)’s stock price dropped 6.8% during trading on Wednesday . The stock traded as low as $75.25 and last traded at $75.45. Approximately 16,814,607 shares were traded during mid-day trading, an increase of 12% from the average daily volume of 15,057,654 shares. The stock had previously closed at $80.95.

Key Headlines Impacting Nebius Group

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

• Positive Sentiment: Nebius rolled out AI Cloud 3.1 with NVIDIA Blackwell Ultra, global GPU visibility and upgraded security — a product upgrade investors view as capable of accelerating enterprise AI deployments and revenue growth. Can NBIS AI Cloud 3.1’s Blackwell Ultra Launch Trigger Growth Momentum?
• Positive Sentiment: JMP initiated coverage highlighting Nebius and former bitcoin miners as key AI/HPC power providers, saying scarcity and strong GPU cluster pricing could unlock value — a research endorsement that can lift investor sentiment. Nebius Group (NBIS) and Former Bitcoin Miners Initiated as Key AI/HPC Power Providers by JMP, Poised for Value Unlock Amid Scarcity and Strong GPU Cluster Pricing
• Positive Sentiment: Analysts and commentators are speculating that Nebius could be an acquisition target in 2026 as AI infrastructure M&A activity heats up — takeover talk often boosts a growth stock’s near-term price. Prediction: This Artificial Intelligence Company Will Be Acquired in 2026
• Positive Sentiment: Long-term performance pieces highlight strong historical returns for early Nebius investors, helping retail interest and narrative momentum. If You Invested $1000 In Nebius Group Stock 10 Years Ago, You Would Have This Much Today
• Neutral Sentiment: Coverage in broader stock-roundup pieces lists Nebius among growth names that could outperform big tech in 2026 — positive exposure, but not a company-specific catalyst. These 3 Growth Stocks Can Outperform The Magnificent Seven In 2026
• Neutral Sentiment: Valuation pieces note the post-upgrade valuation re-rate but also flag ongoing profitability concerns — this keeps upside visible but raises questions about sustainable margins. Nebius Group (NasdaqGS:NBIS) Valuation After AI Cloud 3.1 Upgrade and Ongoing Profitability Concerns
• Negative Sentiment: Articles report retail investors betting against the stock and highlight elevated short interest even as shares have surged year-to-date; that creates volatility risk and potential headwinds if sentiment flips. Retail Investors Bet Against Nebius Despite $19B Market Cap and Analyst Price Targets at $151
• Negative Sentiment: Seeking Alpha published a downgrade scenario calling for a H1 2026 melt-up followed by consolidation and a 2027 unwind, warning that current momentum may not be durable. Nebius: H1 2026 Melt-Up, H2 2026 Consolidation, 2027 Unwind (Rating Downgrade)

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Wall Street Zen downgraded shares of Nebius Group from a “hold” rating to a “sell” rating in a research note on Saturday, November 15th. DA Davidson reiterated a “buy” rating and issued a $150.00 price target on shares of Nebius Group in a report on Wednesday, November 12th. Citizens Jmp began coverage on Nebius Group in a report on Wednesday, November 19th. They set a “market outperform” rating and a $175.00 price objective for the company. Seaport Res Ptn raised shares of Nebius Group to a “hold” rating in a report on Monday, September 15th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Nebius Group in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $144.71.

Nebius Group Trading Up 14.6%

The firm has a market cap of $22.53 billion, a P/E ratio of -116.18 and a beta of 3.83. The firm’s 50 day moving average is $102.29 and its two-hundred day moving average is $80.88.

Institutional Trading of Nebius Group

A number of large investors have recently made changes to their positions in NBIS. Aberdeen Group plc bought a new position in Nebius Group during the first quarter worth about $1,121,000. Hsbc Holdings PLC acquired a new stake in shares of Nebius Group during the first quarter worth about $3,330,000. Venture Visionary Partners LLC bought a new position in shares of Nebius Group during the 1st quarter valued at about $1,208,000. Tree Line Advisors Hong Kong Ltd. bought a new position in shares of Nebius Group during the 1st quarter valued at about $22,588,000. Finally, Jasper Ridge Partners L.P. acquired a new position in shares of Nebius Group in the 1st quarter valued at approximately $761,000. 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.