Nebius Group (NASDAQ:NBIS) Shares Down 4.5% After Analyst Downgrade

Posted by Linda Flegge on Apr 14th, 2025

Nebius Group N.V. (NASDAQ:NBIS – Get Free Report)’s stock price was down 4.5% during trading on Monday after DA Davidson lowered their price target on the stock from $50.00 to $30.00. DA Davidson currently has a buy rating on the stock. Nebius Group traded as low as $20.54 and last traded at $20.54. Approximately 3,238,826 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 10,786,881 shares. The stock had previously closed at $21.51.

Separately, BWS Financial reaffirmed a “buy” rating and set a $60.00 price objective on shares of Nebius Group in a report on Tuesday, March 4th.

Check Out Our Latest Analysis on NBIS

Institutional Investors Weigh In On Nebius Group

Hedge funds have recently modified their holdings of the business. Whipplewood Advisors LLC acquired a new stake in Nebius Group in the 1st quarter worth $36,000. GAMMA Investing LLC acquired a new position in Nebius Group in the 1st quarter valued at approximately $80,000. SeaCrest Wealth Management LLC acquired a new stake in shares of Nebius Group during the 1st quarter worth approximately $453,000. Intellectus Partners LLC bought a new stake in shares of Nebius Group during the first quarter valued at approximately $570,000. Finally, TB Alternative Assets Ltd. acquired a new position in shares of Nebius Group in the first quarter valued at $2,957,000. 21.90% of the stock is owned by institutional investors.

Nebius Group Price Performance

The stock’s 50 day simple moving average is $30.22 and its two-hundred day simple moving average is $27.44. The stock has a market cap of $4.91 billion, a price-to-earnings ratio of -36.61 and a beta of 2.54.

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.