Nebius Group Target of Unusually Large Options Trading (NASDAQ:NBIS)

Nebius Group N.V. (NASDAQ:NBIS) was the target of some unusual options trading on Friday. Investors acquired 66,932 call options on the stock. This represents an increase of approximately 112% compared to the average daily volume of 31,590 call options.

Nebius Group Price Performance

Shares of Nebius Group stock traded up $4.06 during trading on Friday, reaching $38.61. The company’s stock had a trading volume of 12,404,793 shares, compared to its average volume of 10,620,984. Nebius Group has a one year low of $14.09 and a one year high of $43.66. The stock has a 50-day moving average of $31.74. The firm has a market capitalization of $9.09 billion, a PE ratio of -67.54 and a beta of 2.58.

Analysts Set New Price Targets

Separately, BWS Financial restated a “buy” rating and issued a $51.00 target price on shares of Nebius Group in a report on Tuesday, January 28th.

About Nebius Group

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.