Nebius Group N.V. (NASDAQ:NBIS – Get 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.
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Nebius Group Price Performance
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.
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