Nebius Group (NASDAQ:NBIS) Shares Down 0.1% – Here’s Why

Posted by Brian Himes on Mar 22nd, 2025

Nebius Group N.V. (NASDAQ:NBIS – Get Free Report)’s share price traded down 0.1% during trading on Thursday . The stock traded as low as $27.00 and last traded at $27.56. 3,849,542 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 10,328,812 shares. The stock had previously closed at $27.58.

Analysts Set New Price Targets

NBIS has been the subject of several research analyst reports. DA Davidson initiated coverage on Nebius Group in a research report on Tuesday, February 25th. They set a “buy” rating and a $50.00 target price for the company. BWS Financial reaffirmed a “buy” rating and set a $60.00 price objective on shares of Nebius Group in a report on Tuesday, March 4th.

Get Our Latest Research Report on NBIS

Nebius Group Stock Performance

The company has a market capitalization of $6.35 billion, a price-to-earnings ratio of -47.33 and a beta of 2.47. The company’s fifty day moving average price is $34.32.

Hedge Funds Weigh In On Nebius Group

A hedge fund recently bought a new stake in Nebius Group stock. Centaurus Financial Inc. purchased a new position in Nebius Group N.V. (NASDAQ:NBIS – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 343,130 shares of the company’s stock, valued at approximately $9,505,000. Centaurus Financial Inc. owned about 0.15% of Nebius Group as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 21.90% of the company’s stock.

About Nebius Group

(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.