Nebius Group N.V. (NASDAQ:NBIS – Get Free Report)’s share price was down 2.3% on Friday . The company traded as low as $35.71 and last traded at $36.72. Approximately 2,270,093 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 6,853,706 shares. The stock had previously closed at $37.59.
Analysts Set New Price Targets
Separately, BWS Financial started coverage on Nebius Group in a research report on Monday. They set a “buy” rating and a $51.00 price objective for the company.
Read Our Latest Research Report on Nebius Group
Nebius Group Trading Down 3.7 %
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.
Featured Articles
- Five stocks we like better than Nebius Group
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- AI Demand Sparks Opportunities for These 3 Nuclear Energy Leaders
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- TSMC: Long-Term Outlook Still Strong as Geopolitical Risk Rises
- How to Calculate Inflation Rate
- Uber’s NVIDIA Deal and Buybacks Signal Major Upside
Receive News & Ratings for Nebius Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nebius Group and related companies with MarketBeat.com's FREE daily email newsletter.