Nebius Group (NASDAQ:NBIS) Receives Buy Rating from BWS Financial

BWS Financial reissued their buy rating on shares of Nebius Group (NASDAQ:NBIS) in a research report sent to investors on Tuesday morning,Benzinga reports. They currently have a $60.00 price objective on the stock.

Separately, DA Davidson started coverage on Nebius Group in a research note on Tuesday, February 25th. They set a “buy” rating and a $50.00 price target on the stock.

Nebius Group Trading Down 11.2 %

Shares of Nebius Group stock opened at $26.80 on Tuesday. The business’s 50-day moving average price is $34.97. The firm has a market capitalization of $6.31 billion, a price-to-earnings ratio of -47.02 and a beta of 2.47. Nebius Group has a 52-week low of $14.09 and a 52-week high of $50.87.

About Nebius Group

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.