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

BWS Financial reaffirmed their buy rating on shares of Nebius Group (NASDAQ:NBIS) in a research report sent to investors on Tuesday morning,Benzinga reports. The firm currently has a $51.00 target price on the stock.

Nebius Group Stock Performance

Shares of NASDAQ NBIS opened at $30.09 on Tuesday. Nebius Group has a fifty-two week low of $14.09 and a fifty-two week high of $43.66. The stock has a market capitalization of $7.08 billion, a PE ratio of -52.79 and a beta of 2.63. The company has a fifty day moving average of $30.21.

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.