Key Points
- Nebius Group General Counsel Boaz Tal sold 5,100 shares on May 20 for about $1.02 million at an average price of $199.39. The sale was made under a pre-arranged Rule 10b5-1 plan, and Tal still held 80,754 shares afterward.
- The company recently posted strong quarterly results, reporting EPS of -$0.23 versus estimates of -$0.77 and revenue of $399 million, above analyst expectations. Revenue jumped 684% year over year, even though the company remains unprofitable.
- Analyst sentiment remains constructive but mixed, with the stock carrying a consensus Moderate Buy rating and an average target price of $182.75. Recent firms have both raised and lowered ratings, reflecting optimism about growth alongside some caution after the stock’s sharp run-up.
Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) General Counsel Boaz Tal sold 5,100 shares of the company's stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $199.39, for a total transaction of $1,016,889.00. Following the completion of the transaction, the general counsel directly owned 80,754 shares of the company's stock, valued at approximately $16,101,540.06. The trade was a 5.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Nebius Group Stock Performance
Shares of Nebius Group stock opened at $214.77 on Friday. The firm has a market cap of $54.34 billion, a PE ratio of 69.28 and a beta of 4.03. The firm's 50-day simple moving average is $148.80 and its 200-day simple moving average is $113.85. The company has a debt-to-equity ratio of 1.16, a quick ratio of 8.33 and a current ratio of 8.33. Nebius Group N.V. has a 1 year low of $34.72 and a 1 year high of $233.73.
Nebius Group (NASDAQ:NBIS - Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.77) by $0.54. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The business had revenue of $399.00 million for the quarter, compared to analyst estimates of $375.13 million. The business's revenue for the quarter was up 684.0% on a year-over-year basis. Equities analysts forecast that Nebius Group N.V. will post -2.33 earnings per share for the current fiscal year.
Analyst Ratings Changes
NBIS has been the topic of a number of recent research reports. Citizens Jmp raised their target price on shares of Nebius Group from $175.00 to $270.00 and gave the stock a "market outperform" rating in a report on Thursday, May 14th. Freedom Capital lowered shares of Nebius Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 13th. BWS Financial lifted their price target on shares of Nebius Group from $130.00 to $200.00 and gave the stock a "buy" rating in a research report on Monday, March 16th. Wall Street Zen upgraded shares of Nebius Group from a "strong sell" rating to a "sell" rating in a research report on Saturday, May 16th. Finally, DA Davidson lowered shares of Nebius Group from a "buy" rating to a "neutral" rating and raised their price objective for the stock from $200.00 to $250.00 in a research note on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $182.75.
View Our Latest Report on NBIS
Institutional Investors Weigh In On Nebius Group
Several institutional investors and hedge funds have recently modified their holdings of the business. Parkside Financial Bank & Trust bought a new position in Nebius Group in the 4th quarter worth $25,000. Root Financial Partners LLC bought a new position in shares of Nebius Group during the 4th quarter worth about $26,000. SHP Wealth Management bought a new stake in Nebius Group in the fourth quarter valued at about $26,000. Sound Income Strategies LLC increased its stake in Nebius Group by 62.5% in the first quarter. Sound Income Strategies LLC now owns 260 shares of the company's stock valued at $27,000 after acquiring an additional 100 shares during the period. Finally, Blue Trust Inc. increased its stake in Nebius Group by 73.8% in the fourth 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 period. Institutional investors and hedge funds own 21.90% of the company's stock.
Nebius Group News Summary
Here are the key news stories impacting Nebius Group this week:
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.
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