Nebius Group (NASDAQ:NBIS) Trading 0.5% Higher - Still a Buy?
Nebius Group (NASDAQ:NBIS) saw its stock price rise by 0.5% during mid-day trading, reaching $41.19 after trading as high as $42.00. Despite a significant drop in trading volume, BWS Financial reaffirmed a "buy" rating with a price target of $51.00. The company, valued at $9.74 billion, focuses on AI-driven products and services. Analysts suggest it remains a buy, although some top analysts recommend alternative stocks.
Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s stock price was up 0.5% during mid-day trading on Tuesday . The company traded as high as $42.00 and last traded at $41.19. Approximately 4,081,884 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 10,672,277 shares. The stock had previously closed at $40.97.
Analyst Upgrades and Downgrades
- Nebius Group: Market Overreaction or Real AI Disruption?
Separately, BWS Financial reaffirmed a "buy" rating and set a $51.00 price target on shares of Nebius Group in a research report on Tuesday, January 28th.
Get Our Latest Stock Analysis on Nebius Group
Nebius Group Price Performance
- Nebius Group (NBIS): A Small-Cap Backed by NVIDIA
The business's 50-day moving average price is $32.36. The company has a market capitalization of $9.74 billion, a P/E ratio of -72.33 and a beta of 2.57.
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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