Nebius Group (NASDAQ:NBIS) Coverage Initiated by Analysts at BWS Financial

BWS Financial initiated coverage on shares of Nebius Group (NASDAQ:NBIS) in a research note issued to investors on Monday, MarketBeat.com reports. The firm issued a buy rating and a $51.00 price target on the stock.

Nebius Group Trading Up 7.7 %

NASDAQ NBIS opened at $35.72 on Monday. Nebius Group has a 12-month low of $14.09 and a 12-month high of $38.69. The business has a fifty day moving average of $26.22. The stock has a market capitalization of $12.91 billion, a PE ratio of -62.67 and a beta of 2.63.

About Nebius Group

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.