Nebius Group (NASDAQ:NBIS) Trading Down 11% - Should You Sell?

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s share price traded down 11% on Thursday . The stock traded as low as $84.21 and last traded at $84.64. 34,502,570 shares were traded during mid-day trading, an increase of 130% from the average session volume of 14,986,527 shares. The stock had previously closed at $95.07.Analyst Ratings ChangesNebius Partners With Meta—AI Growth Could Send Stock to New HighsSeveral analysts have weighed in on NBIS shares. Citizens Jmp began coverage on Nebius Group in a report on Wednesday. They issued a "market outperform" rating and a $175.00 price target on the stock. CICC Research initiated coverage on Nebius Group in a research report on Tuesday, November 11th. They set an "outperform" rating and a $143.00 price target on the stock. Seaport Res Ptn raised shares of Nebius Group to a "hold" rating in a research note on Monday, September 15th. DA Davidson reiterated a "buy" rating and issued a $150.00 price target on shares of Nebius Group in a report on Wednesday, November 12th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Nebius Group in a research report on Tuesday, November 11th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Nebius Group presently has an average rating of "Buy" and an average target price of $144.71.Check Out Our Latest Stock Analysis on Nebius GroupNebius Group Stock Performance5 AI Infrastructure Stocks Enabling the Next Wave of GrowthThe company has a current ratio of 14.70, a quick ratio of 14.70 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $19.95 billion, a PE ratio of -109.92 and a beta of 3.29. The business's fifty day moving average is $110.34 and its two-hundred day moving average is $72.53. Hedge Funds Weigh In On Nebius GroupHedge funds and other institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp purchased a new position in shares of Nebius Group in the first quarter worth approximately $462,000. Envestnet Asset Management Inc. bought a new position in shares of Nebius Group in the first quarter worth about $2,046,000. IFP Advisors Inc bought a new stake in shares of Nebius Group during the first quarter valued at approximately $25,000. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Nebius Group in the 1st quarter worth $1,748,000. Finally, Vestor Capital LLC bought a new position in Nebius Group during the first quarter valued at approximately $2,833,000. 21.90% of the stock is owned by institutional investors. About Nebius Group (Get Free Report)Oracle’s AI Profits Look Slim—Are NBIS and CRWV at Risk Too?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 ArticlesFive stocks we like better than Nebius GroupHow to Invest in Biotech StocksPeter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop?How to Short a Stock in 5 Easy Steps Why Lithium Americas Could Be a 2030 Power Play—Not a 2025 OneOverbought Stocks Explained: Should You Trade Them?Joby and Archer Forge a New Strategic Chapter in the UAEThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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