Nebius Group (NASDAQ:NBIS) Shares Down 0.5% – What’s Next?

Nebius Group N.V. (NASDAQ:NBISGet Free Report)’s stock price traded down 0.5% during mid-day trading on Wednesday . The stock traded as low as $29.50 and last traded at $29.93. 6,055,974 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 10,516,163 shares. The stock had previously closed at $30.09.

Analyst Ratings Changes

Separately, BWS Financial restated a “buy” rating and issued a $51.00 target price on shares of Nebius Group in a research note on Tuesday.

Get Our Latest Stock Report on NBIS

Nebius Group Price Performance

The firm has a market cap of $7.13 billion, a P/E ratio of -53.18 and a beta of 2.63. The firm has a 50 day moving average price of $30.21.

Nebius Group Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Nebius Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nebius Group and related companies with MarketBeat.com's FREE daily email newsletter.