Nebius Group (NASDAQ:NBIS) Shares Down 9% - Should You Sell?

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s share price traded down 9% during mid-day trading on Friday . The company traded as low as $41.45 and last traded at $42.07. 8,349,519 shares were traded during mid-day trading, a decline of 35% from the average session volume of 12,839,450 shares. The stock had previously closed at $46.25.Wall Street Analyst Weigh InNebius Group: A Strategic Entry Point for Investors? Separately, BWS Financial increased their price target on shares of Nebius Group from $51.00 to $60.00 and gave the stock a "buy" rating in a report on Friday.View Our Latest Report on NBISNebius Group Stock Down 13.9 %MarketBeat Week in Review – 02/17 - 02/21The stock has a market capitalization of $9.38 billion, a PE ratio of -69.88 and a beta of 2.57. The firm has a fifty day moving average price of $34.37. Nebius Group Company Profile (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 GroupGrowth Stocks: What They Are, What They Are NotUnity Stock: Is a True Turnaround Finally Taking Shape?3 Dividend Kings To ConsiderDuPont’s Electronics Spinoff: The Start of Something BigETF Screener: Uses and Step-by-Step Guide The Trade Desk Crashes on Earnings, But Growth Catalysts PersistNebius Group: NVIDIA’s Investment Sparks All-Time Highs This 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.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