Jennison Associates LLC Boosts Stake in Nebius Group N.V. $NBIS

Jennison Associates LLC increased its holdings in shares of Nebius Group N.V. (NASDAQ:NBIS) by 134.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,983,899 shares of the company’s stock after acquiring an additional 2,283,676 shares during the period. Jennison Associates LLC’s holdings in Nebius Group were worth $1,100,233,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NBIS. State Street Corp raised its position in Nebius Group by 2,391.3% in the fourth quarter. State Street Corp now owns 3,219,326 shares of the company’s stock worth $269,474,000 after acquiring an additional 3,090,103 shares in the last quarter. Capital Research Global Investors purchased a new stake in shares of Nebius Group during the 4th quarter worth $231,635,000. Accel Leaders 3 Associates L.P. purchased a new stake in shares of Nebius Group during the 4th quarter worth $188,496,000. Qube Research & Technologies Ltd acquired a new position in shares of Nebius Group during the 3rd quarter worth $238,511,000. Finally, Orbis Allan Gray Ltd grew its stake in shares of Nebius Group by 12.4% during the 2nd quarter. Orbis Allan Gray Ltd now owns 17,651,930 shares of the company’s stock worth $976,681,000 after purchasing an additional 1,949,708 shares during the period. Institutional investors and hedge funds own 21.90% of the company’s stock.

Nebius Group Stock Up 8.8%

Nebius Group stock opened at $277.58 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 8.33 and a current ratio of 4.03. The firm has a market capitalization of $70.23 billion, a price-to-earnings ratio of -9,249.58 and a beta of 4.23. Nebius Group N.V. has a fifty-two week low of $62.01 and a fifty-two week high of $299.86. The stock’s fifty day moving average is $222.53 and its two-hundred day moving average is $168.13.

Nebius Group (NASDAQ:NBIS) last announced its quarterly earnings results on Wednesday, August 12th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.55. The business had revenue of $582.30 million during the quarter, compared to analysts’ expectations of $567.91 million. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%.The business’s revenue for the quarter was up 454% on a year-over-year basis. During the same quarter last year, the business posted $2.38 earnings per share. Analysts predict that Nebius Group N.V. will post -3.91 EPS for the current fiscal year.

Key Stories Impacting Nebius Group

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

• Positive Sentiment: Exceptional quarterly growth: Nebius reported revenue of $582.3 million, up 454% year over year, while adjusted EBITDA reached $236 million and annualized revenue run rate approached $3 billion. Its AI Cloud segment grew 514%, exceeding many investor expectations. Nebius Group Q2 2026 Earnings Call Highlights
• Positive Sentiment: Large contracts and expanding capacity: Four AI infrastructure contracts reportedly exceed $1 billion in total value, helping push the contracted power target to 5 gigawatts and supporting a backlog of more than $40 billion. Investors see this as improving multiyear revenue visibility. Nebius Is Up After Multi-Billion AI Cloud Wins
• Positive Sentiment: Analyst optimism: Citigroup raised its target to $324 and maintained a buy rating, while Bank of America lifted its target to $310 and Robert W. Baird raised its target to $340 with an outperform rating. Northland Securities also reiterated its buy rating. Northland Securities Reiterates Buy Rating
• Positive Sentiment: UK expansion and trading momentum: Nebius is deploying NVIDIA-powered infrastructure at Vantage Data Centers’ Newport, Wales campus, expanding access to domestic UK AI compute. A reported “Power Inflow” order-flow signal also attracted momentum traders. Vantage and Nebius Expand UK AI Infrastructure
• Neutral Sentiment: Execution remains central: A capacity auction cleared above prior pricing records, and customer prepayments may fund a substantial portion of planned capital expenditures. These developments improve funding flexibility but increase expectations for timely capacity delivery and sustained premium pricing. Nebius Q3 Auction Broke Its Price Ceiling
• Negative Sentiment: Valuation and balance-sheet risks: Critics argue that Nebius is priced for very strong execution, while debt, asset depreciation and capital intensity could pressure long-term returns. Michael Burry’s reported short position and DA Davidson’s $175 neutral target add a bearish counterpoint. The Neoclouds Are a Trade, Not an Investment

Insider Transactions at Nebius Group

In other Nebius Group news, insider Andrey Korolenko sold 33,871 shares of Nebius Group stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total transaction of $7,974,926.95. Following the completion of the transaction, the insider owned 551,338 shares in the company, valued at approximately $129,812,532.10. The trade was a 5.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Danila Shtan sold 16,937 shares of Nebius Group stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total transaction of $3,987,816.65. Following the transaction, the chief technology officer owned 274,763 shares of the company’s stock, valued at approximately $64,692,948.35. The trade was a 5.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 136,310 shares of company stock worth $32,569,613 in the last 90 days.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on NBIS. Northland Securities increased their price target on shares of Nebius Group from $248.00 to $410.00 and gave the company an “outperform” rating in a report on Monday, July 20th. Weiss Ratings downgraded shares of Nebius Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday. DA Davidson restated a “neutral” rating and set a $175.00 target price on shares of Nebius Group in a research report on Thursday. Robert W. Baird increased their target price on shares of Nebius Group from $250.00 to $340.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Morgan Stanley increased their target price on shares of Nebius Group from $126.00 to $144.00 and gave the company an “equal weight” rating in a report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $226.00.

Nebius Group 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.