Nebius Group (NASDAQ:NBIS) Earns Buy Rating from Analysts at BWS Financial

BWS Financial started coverage on shares of Nebius Group (NASDAQ:NBIS) in a research report released on Monday morning, MarketBeat reports. The firm issued a buy rating and a $51.00 target price on the stock.

Nebius Group Stock Performance

NASDAQ:NBIS opened at $35.72 on Monday. The firm has a fifty day simple moving average of $26.22. The stock has a market capitalization of $12.91 billion, a price-to-earnings ratio of -62.67 and a beta of 2.63. Nebius Group has a one year low of $14.09 and a one year high of $38.69.

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.