Nebius Group (NASDAQ:NBIS) Shares Gap Up – Here’s What Happened

Nebius Group N.V. (NASDAQ:NBIS) gapped up prior to trading on Tuesday . The stock had previously closed at $44.49, but opened at $47.27. Nebius Group shares last traded at $50.03, with a volume of 8,978,013 shares trading hands.

Analyst Ratings Changes

Separately, BWS Financial reiterated a “buy” rating and set a $51.00 target price on shares of Nebius Group in a research report on Tuesday, January 28th.

Nebius Group Price Performance

The business’s 50 day moving average price is $33.36. The firm has a market capitalization of $11.32 billion, a PE ratio of -84.33 and a beta of 2.57.

Nebius Group Company 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.