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

Shares of Nebius Group N.V. (NASDAQ:NBISGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $41.69, but opened at $33.50. Nebius Group shares last traded at $29.57, with a volume of 14,558,194 shares trading hands.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on NBIS

Nebius Group Trading Up 15.4 %

The company has a fifty day moving average of $30.21.

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.

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