Nebius Group (NASDAQ:NBIS) Stock Price Down 2.1% - Should You Sell?

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s share price dropped 2.1% on Wednesday . The company traded as low as $33.86 and last traded at $33.78. Approximately 1,885,302 shares were traded during trading, a decline of 82% from the average daily volume of 10,476,859 shares. The stock had previously closed at $34.50.Analyst Ratings Changes Nebius Group: Market Overreaction or Real AI Disruption?Separately, BWS Financial reiterated a "buy" rating and issued a $51.00 price target on shares of Nebius Group in a report on Tuesday, January 28th.View Our Latest Stock Analysis on NBISNebius Group Stock Up 10.4 %Nebius Group (NBIS): A Small-Cap Backed by NVIDIAThe firm's fifty day moving average price is $31.74. The company has a market cap of $8.98 billion, a price-to-earnings ratio of -66.89 and a beta of 2.58. About Nebius Group (Get Free Report)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 StoriesFive stocks we like better than Nebius GroupHow to Read Stock Charts for BeginnersIBM’s AI Bet Pays Off—What’s Next for Investors?How to Short a Stock in 5 Easy Steps 3 Reasons to Treat AMD's Drop as an Entry OpportunityWhat Does a Gap Up Mean in Stocks? How to Play the GapQualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?Nebius Group: The Rising Star in AI InfrastructureThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Where Should You Invest $1,000 Right Now?Before you make your next trade, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.They believe these five stocks are the five best companies for investors to buy now...See The Five Stocks Here Should You Invest $1,000 in Nebius Group Right Now?Before you consider Nebius Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nebius Group wasn't on the list.While Nebius Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here