Nebius Group (NASDAQ:NBIS) Shares Up 4.2% - Here's What Happened

Nebius Group N.V. (NASDAQ:NBIS - Get Free Report)'s share price traded up 4.2% during trading on Monday . The company traded as high as $95.90 and last traded at $93.23. 11,012,490 shares were traded during mid-day trading, a decline of 27% from the average session volume of 15,033,022 shares. The stock had previously closed at $89.46.Analyst Ratings ChangesBattle of the Big-Upside Tech Names: HUBS vs. NBIS vs. TEAMNBIS has been the subject of several recent analyst reports. Wall Street Zen cut Nebius Group from a "hold" rating to a "sell" rating in a research report on Saturday, November 15th. BWS Financial reiterated a "buy" rating and issued a $130.00 target price on shares of Nebius Group in a report on Thursday, November 13th. Citizens Jmp started coverage on shares of Nebius Group in a report on Wednesday, November 19th. They set a "market outperform" rating and a $175.00 price target for the company. The Goldman Sachs Group reiterated a "buy" rating and issued a $120.00 price objective on shares of Nebius Group in a research note on Wednesday, September 17th. Finally, CICC Research initiated coverage on shares of Nebius Group in a report on Tuesday, November 11th. They set an "outperform" rating and a $143.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $144.71.Check Out Our Latest Stock Report on NBISNebius Group Stock Up 4.2%NVIDIA’s 13F Reveals 2 Q3 Winners—And 1 Painful MissThe company has a market cap of $23.48 billion, a P/E ratio of -121.08 and a beta of 3.83. The stock's 50-day moving average price is $102.29 and its 200 day moving average price is $81.48. Institutional Trading of Nebius GroupHedge funds have recently bought and sold shares of the stock. Western Pacific Wealth Management LP acquired a new position in shares of Nebius Group in the 3rd quarter valued at $45,000. Grove Bank & Trust bought a new stake in Nebius Group in the third quarter valued at about $50,000. Signaturefd LLC raised its position in Nebius Group by 125.0% in the second quarter. Signaturefd LLC now owns 450 shares of the company's stock worth $25,000 after purchasing an additional 250 shares in the last quarter. SOA Wealth Advisors LLC. lifted its stake in Nebius Group by 38.5% during the third quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company's stock worth $51,000 after purchasing an additional 125 shares during the period. Finally, Sunbelt Securities Inc. acquired a new stake in Nebius Group during the third quarter valued at approximately $54,000. 21.90% of the stock is owned by institutional investors. Nebius Group Company Profile (Get Free Report)Nebius Partners With Meta—AI Growth Could Send Stock to New HighsNebius 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.Read MoreFive stocks we like better than Nebius GroupThe Fed Pivot Signal Smart Money’s Been Waiting ForWall Street Stock picker Names #1 Stock of 2026Do not delete, read immediatelyA month before the crashHow Long Will $1M Last in Retirement?This 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