In the last trading session, 9.17 million shares of the Nebius Group N.V (NASDAQ:NBIS) were traded. Most recently the company’s share price was $39.82, and it changed around $1.23 or 3.19% from the last close, which brings the market valuation of the company to $9.48B. NBIS currently trades at a discount to its 52-week high of $50.87, offering almost -27.75% off that amount. The share price’s 52-week low was $14.09, which indicates that the current value has risen by an impressive 64.62% since then.
Nebius Group N.V stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended NBIS as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Nebius Group N.V (NASDAQ:NBIS) trade information
Instantly NBIS has showed a green trend with a performance of 3.19% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 41.45 on recent trading dayincreased the stock’s daily price by 3.93%. The company’s shares are currently up 43.75% year-to-date, but still up 6.02% over the last five days. On the other hand, Nebius Group N.V (NASDAQ:NBIS) is 62.66% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $46, which translates to bulls needing to increase their stock price by 13.43% from its current value. Analyst projections state that NBIS is forecast to be at a low of $45 and a high of $47.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -3.41%.
NBIS Dividends
Nebius Group N.V’s next quarterly earnings report is expected to be released in June.
ALGER FUNDS II-Alger Spectra Fund and ALGER INSTITUTIONAL FUNDS-Alger Focus Equity Fund were the top two Mutual Funds as of Jan 31, 2025 . The former held 1.47 shares worth $58.58 million, making up 0.73% of all outstanding shares. On the other hand, ALGER INSTITUTIONAL FUNDS-Alger Focus Equity Fund held roughly 1.42 shares worth around $56.54 million, which represents about 0.70% of the total shares outstanding.
