Nebius Group (NASDAQ:NBIS) Stock Price Down 1.1% – Here’s Why

Posted by Don Miller on Mar 13th, 2025

Nebius Group N.V. (NASDAQ:NBIS – Get Free Report)’s stock price dropped 1.1% during mid-day trading on Tuesday . The company traded as low as $25.01 and last traded at $25.92. Approximately 4,985,839 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 10,277,559 shares. The stock had previously closed at $26.21.

Analyst Ratings Changes

Several research analysts recently commented on the company. BWS Financial reissued a “buy” rating and issued a $60.00 price objective on shares of Nebius Group in a research note on Tuesday, March 4th. DA Davidson initiated coverage on shares of Nebius Group in a research report on Tuesday, February 25th. They issued a “buy” rating and a $50.00 target price for the company.

Get Our Latest Report on NBIS

Nebius Group Stock Down 7.9 %

The company has a fifty day moving average of $34.91. The company has a market cap of $6.16 billion, a price-to-earnings ratio of -45.91 and a beta of 2.47.

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 shares of Nebius Group N.V. (NASDAQ:NBIS – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 343,130 shares of the company’s stock, valued at approximately $9,505,000. Centaurus Financial Inc. owned 0.15% of Nebius Group as of its most recent SEC filing. 21.90% of the stock is owned by institutional investors.

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.