Nebius Group (NASDAQ:NBIS) Shares Down 17% – What’s Next?

Nebius Group N.V. (NASDAQ:NBIS)’s stock price fell 17% during mid-day trading on Wednesday . The stock traded as low as $228.17 and last traded at $229.18. Approximately 30,262,122 shares were traded during trading, an increase of 85% from the average daily volume of 16,359,946 shares. The stock had previously closed at $276.17.

Trending Headlines about Nebius Group

Here are the key news stories impacting Nebius Group this week:

• Negative Sentiment: Meta’s reported move into AI cloud services has sparked fears that Nebius could face a stronger future competitor, raising questions about long-term demand and margins. Nebius (NBIS) Stock Plunges 17% on Meta’s Cloud Infrastructure Ambitions
• Negative Sentiment: BNP Paribas’s updated outlook added to selling pressure across AI cloud stocks, reinforcing concerns that the group may be overextended after a strong run. BNP Paribas Sends Fresh Message on CoreWeave and Nebius Stocks
• Neutral Sentiment: Nebius highlighted its AI Discovery Awards and healthcare/life sciences initiatives, which supports the company’s growth narrative but is unlikely to move the stock much on its own. Nebius celebrates healthcare and life sciences innovators at expanded AI Discovery Awards

Analyst Ratings Changes

Several brokerages have weighed in on NBIS. BNP Paribas Exane began coverage on Nebius Group in a report on Tuesday, June 2nd. They issued a “neutral” rating and a $255.00 price target for the company. Citizens Jmp boosted their target price on shares of Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a research report on Thursday, May 14th. BWS Financial upped their price target on shares of Nebius Group from $130.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Finally, Citigroup lifted their price objective on shares of Nebius Group from $169.00 to $287.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $203.25.

Nebius Group Stock Performance

The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16. The firm’s fifty day moving average price is $218.50 and its two-hundred day moving average price is $144.33. The stock has a market capitalization of $54.56 billion, a PE ratio of 69.56 and a beta of 4.10.

Nebius Group (NASDAQ:NBIS) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.23) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.77) by $0.54. The company had revenue of $399.00 million during the quarter, compared to analysts’ expectations of $375.13 million. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The company’s revenue was up 684.0% compared to the same quarter last year. As a group, equities research analysts forecast that Nebius Group N.V. will post -1.91 EPS for the current year.

Insider Buying and Selling at Nebius Group

In related news, CRO Marc Boroditsky sold 10,776 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $2,976,331.20. Following the completion of the transaction, the executive owned 26,886 shares in the company, valued at $7,425,913.20. This represents a 28.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Boaz Tal sold 5,100 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $199.39, for a total transaction of $1,016,889.00. Following the transaction, the general counsel owned 80,754 shares of the company’s stock, valued at approximately $16,101,540.06. This trade represents a 5.94% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 626,887 shares of company stock valued at $124,696,143.

Institutional Investors Weigh In On Nebius Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust purchased a new position in shares of Nebius Group in the fourth quarter worth about $25,000. Root Financial Partners LLC acquired a new position in Nebius Group during the fourth quarter worth about $26,000. SHP Wealth Management purchased a new stake in Nebius Group during the 4th quarter valued at about $26,000. Sound Income Strategies LLC grew its stake in Nebius Group by 62.5% during the 1st quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock valued at $27,000 after acquiring an additional 100 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in Nebius Group by 73.8% in the 4th quarter. Blue Trust Inc. now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 141 shares during the last quarter. Institutional investors and hedge funds own 21.90% of the company’s stock.

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.