Key Points
- Nebius Group CFO Sanchez Maria Del Dado Alonso sold 1,509 shares on June 2 at an average price of $276.20, totaling about $416,786. After the sale, the CFO still owned 12,672 shares, a 10.64% reduction in the position.
- The company recently reported better-than-expected quarterly results, with EPS of -$0.23 versus an expected -$0.77 and revenue of $399 million versus the $375.13 million consensus. Revenue jumped 684% year over year.
- Analyst sentiment remains generally positive, with a Moderate Buy consensus and an average price target of $188.31. However, targets vary widely, with recent ratings ranging from Neutral to Buy and price objectives from $129 to $255.
Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the company's stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total value of $416,785.80. Following the completion of the transaction, the chief financial officer directly owned 12,672 shares in the company, valued at $3,500,006.40. This represents a 10.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Nebius Group Price Performance
NASDAQ NBIS opened at $251.68 on Thursday. The stock has a market capitalization of $63.68 billion, a P/E ratio of 81.19 and a beta of 4.03. Nebius Group N.V. has a 1 year low of $37.12 and a 1 year high of $278.84. The business's fifty day moving average is $167.32 and its two-hundred day moving average is $121.00. 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 (NASDAQ:NBIS - Get Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.77) by $0.54. The company had revenue of $399.00 million for the quarter, compared to analysts' expectations of $375.13 million. Nebius Group had a negative return on equity of 9.11% and a net margin of 95.27%.The business's quarterly revenue was up 684.0% compared to the same quarter last year. On average, research analysts forecast that Nebius Group N.V. will post -1.92 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several analysts have issued reports on NBIS shares. Cantor Fitzgerald started coverage on Nebius Group in a report on Thursday, April 9th. They set an "overweight" rating and a $129.00 price objective on the stock. Weiss Ratings upgraded Nebius Group from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, May 20th. BNP Paribas Exane started coverage on Nebius Group in a report on Tuesday. They set a "neutral" rating and a $255.00 price objective on the stock. Bank of America boosted their price objective on Nebius Group from $175.00 to $205.00 and gave the stock a "buy" rating in a report on Monday, May 11th. Finally, Morgan Stanley boosted their target price on shares of Nebius Group from $126.00 to $144.00 and gave the company an "equal weight" rating in a research note on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $188.31.
Read Our Latest Analysis on Nebius Group
Hedge Funds Weigh In On Nebius Group
A number of large investors have recently made changes to their positions in the business. Vestor Capital LLC increased its holdings in shares of Nebius Group by 456.5% in the 1st quarter. Vestor Capital LLC now owns 51,066 shares of the company's stock valued at $5,299,000 after purchasing an additional 41,890 shares during the period. SOA Wealth Advisors LLC. increased its holdings in shares of Nebius Group by 50.0% in the 1st quarter. SOA Wealth Advisors LLC. now owns 750 shares of the company's stock valued at $78,000 after purchasing an additional 250 shares during the period. Western Wealth Management LLC acquired a new position in shares of Nebius Group in the 1st quarter valued at about $293,000. Rovida Investment Management Ltd increased its holdings in shares of Nebius Group by 3.6% in the 1st quarter. Rovida Investment Management Ltd now owns 1,893,647 shares of the company's stock valued at $196,333,000 after purchasing an additional 65,000 shares during the period. Finally, Silicon Valley Capital Partners increased its holdings in shares of Nebius Group by 400.0% in the 1st quarter. Silicon Valley Capital Partners now owns 1,250 shares of the company's stock valued at $130,000 after purchasing an additional 1,000 shares during the period. Institutional investors and hedge funds own 21.90% of the company's stock.
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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