Nebius Group N.V. (NASDAQ:NBIS – Get Free Report) dropped 1.1% on Wednesday . The stock traded as low as $35.70 and last traded at $36.47. Approximately 4,965,493 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 6,869,240 shares. The stock had previously closed at $36.89.
Wall Street Analyst Weigh In
Separately, BWS Financial initiated coverage on shares of Nebius Group in a research report on Monday. They issued a “buy” rating and a $51.00 price target on the stock.
Check Out Our Latest Stock Analysis on NBIS
Nebius Group Stock Performance
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.
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