Nebius Group (NASDAQ:NBIS) Trading 5.6% Higher – What’s Next?

Nebius Group N.V. (NASDAQ:NBISGet Free Report) traded up 5.6% during trading on Monday . The stock traded as high as $40.52 and last traded at $40.28. 6,264,506 shares were traded during mid-day trading, a decline of 41% from the average session volume of 10,695,586 shares. The stock had previously closed at $38.13.

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on NBIS

Nebius Group Trading Down 5.1 %

The company has a market capitalization of $9.25 billion, a P/E ratio of -68.95 and a beta of 2.57. The company has a 50-day moving average price of $32.60.

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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