Nebius Group’s (NBIS) Buy Rating Reaffirmed at Truist Financial

Truist Financial reaffirmed their buy rating on shares of Nebius Group (NASDAQ:NBIS) in a research report released on Friday,Benzinga reports. The firm currently has a $245.00 target price on the stock, down from their prior target price of $355.00.

A number of other analysts have also recently weighed in on NBIS. Freedom Capital raised shares of Nebius Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Weiss Ratings downgraded shares of Nebius Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, October 30th. Wall Street Zen raised shares of Nebius Group from a “strong sell” rating to a “sell” rating in a research note on Sunday, August 16th. Northland Securities upped their target price on shares of Nebius Group from $248.00 to $410.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. Finally, Zacks Research upgraded shares of Nebius Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $226.00.

Nebius Group Stock Performance

NASDAQ NBIS traded down $12.76 during trading hours on Friday, hitting $115.88. The company had a trading volume of 48,495,762 shares, compared to its average volume of 27,146,022. Nebius Group has a fifty-two week low of $73.52 and a fifty-two week high of $299.86. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.82. The business has a fifty day simple moving average of $194.60 and a 200-day simple moving average of $178.67. The firm has a market cap of $29.32 billion, a P/E ratio of 373.82 and a beta of 4.63.

Nebius Group (NASDAQ:NBIS) last posted its earnings results on Thursday, November 12th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.72) by $1.02. Nebius Group had a negative return on equity of 2.92% and a net margin of 6.56%. The company had revenue of $980.80 million for the quarter, compared to analysts’ expectations of $907.20 million. Equities analysts predict that Nebius Group will post -3.19 EPS for the current year.

Insider Activity at Nebius Group

In other news, CEO Arkadiy Volozh sold 37,778 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $234.16, for a total value of $8,846,096.48. Following the completion of the transaction, the chief executive officer owned 785,236 shares of the company’s stock, valued at approximately $183,870,861.76. This represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Andrey Korolenko sold 29,090 shares of the firm’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $234.16, for a total value of $6,811,714.40. Following the transaction, the insider directly owned 522,248 shares in the company, valued at $122,289,591.68. This trade represents a 5.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have acquired 1,718 shares of company stock worth $280,207 and have sold 110,527 shares worth $24,492,959.

Institutional Investors Weigh In On Nebius Group

Several institutional investors have recently bought and sold shares of the stock. Medallion Wealth Advisors LLC raised its position in shares of Nebius Group by 222.2% during the 3rd quarter. Medallion Wealth Advisors LLC now owns 145 shares of the company’s stock worth $34,000 after buying an additional 100 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Nebius Group by 214.0% in the 3rd quarter. Empowered Funds LLC now owns 62,436 shares of the company’s stock worth $14,727,000 after acquiring an additional 42,555 shares during the period. Kovack Advisors Inc. lifted its stake in shares of Nebius Group by 103.1% in the 3rd quarter. Kovack Advisors Inc. now owns 60,820 shares of the company’s stock worth $14,337,000 after acquiring an additional 30,871 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in shares of Nebius Group by 98.3% in the third quarter. Steward Partners Investment Advisory LLC now owns 126,292 shares of the company’s stock valued at $29,790,000 after acquiring an additional 62,604 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its holdings in shares of Nebius Group by 100.4% in the third quarter. State Board of Administration of Florida Retirement System now owns 26,581 shares of the company’s stock valued at $6,270,000 after acquiring an additional 13,314 shares in the last quarter. Institutional investors and hedge funds own 21.90% of the company’s stock.

Key Stories Impacting Nebius Group

Here are a few of the latest stories about NBIS:

• Positive Sentiment: Q3 revenue rose 571% to $980.8 million, beating expectations, and adjusted earnings also surpassed forecasts. Management said customer prepayments cover more than 100% of new capacity build-out costs, while it sees 2027 revenue of $12 billion to $13 billion. Q3 earnings beat
• Positive Sentiment: Truist and Rosenblatt reaffirmed Buy ratings, although both lowered their price targets. Rosenblatt rating
• Negative Sentiment: The company’s roughly $40 billion–$45 billion infrastructure spending plans heightened investor concerns about execution and financing. Analysts also cut targets, including DA Davidson’s reduction from $250 to $125 and a move to Neutral. AI data-center selloff

About Nebius Group

Nebius Group is a technology company focused on building infrastructure for artificial intelligence. Its core business, Nebius, offers cloud computing services and access to accelerated computing resources designed to help developers and organizations train and run AI models. The company also has businesses in areas including data services for AI, autonomous mobility and online education. Based in Amsterdam, Nebius serves customers internationally and is developing data center and computing capacity to support its AI cloud services.