Nebius Group Sees Unusually Large Options Volume (NASDAQ:NBIS)

Nebius Group N.V. (NASDAQ:NBIS) was the recipient of some unusual options trading on Tuesday. Stock investors bought 78,837 call options on the company. This is an increase of approximately 84% compared to the average daily volume of 42,837 call options.

Wall Street Analyst Weigh In

A number of research analysts recently commented on NBIS shares. BWS Financial increased their price target on Nebius Group from $51.00 to $60.00 and gave the company a “buy” rating in a report on Friday. DA Davidson began coverage on Nebius Group in a research note on Tuesday. They set a “buy” rating and a $50.00 price objective on the stock.

Nebius Group Price Performance

Shares of NASDAQ NBIS opened at $36.22 on Tuesday. The company’s 50 day moving average price is $34.42. Nebius Group has a 52-week low of $14.09 and a 52-week high of $50.87. The firm has a market capitalization of $8.53 billion, a PE ratio of -63.54 and a beta of 2.57.

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.