Nebius Group (NASDAQ:NBIS) Shares Up 0.5% – Still a Buy?

Nebius Group N.V. (NASDAQ:NBISGet Free Report) shares traded up 0.5% during mid-day trading on Tuesday . The stock traded as high as $42.00 and last traded at $41.19. 4,081,884 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 10,672,277 shares. The stock had previously closed at $40.97.

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Analysis on NBIS

Nebius Group Trading Up 1.0 %

The stock has a market cap of $9.74 billion, a P/E ratio of -72.33 and a beta of 2.57. The company has a 50-day moving average of $32.36.

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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