Nebius Group’s (NBIS) Buy Rating Reiterated at BWS Financial

BWS Financial reiterated their buy rating on shares of Nebius Group (NASDAQ:NBIS) in a research report report published on Tuesday,Benzinga reports. They currently have a $60.00 price target on the stock.

Separately, DA Davidson initiated coverage on shares of Nebius Group in a report on Tuesday, February 25th. They issued a “buy” rating and a $50.00 price objective on the stock.

Nebius Group Stock Down 11.2 %

Shares of NASDAQ:NBIS opened at $26.80 on Tuesday. Nebius Group has a 1 year low of $14.09 and a 1 year high of $50.87. The firm has a market cap of $6.31 billion, a price-to-earnings ratio of -47.02 and a beta of 2.47. The company’s 50-day simple moving average is $34.97.

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.