Nebius Group’s (NBIS) Buy Rating Reiterated at BWS Financial

BWS Financial reaffirmed their buy rating on shares of Nebius Group (NASDAQ:NBIS) in a report published on Tuesday,Benzinga reports. BWS Financial currently has a $51.00 price target on the stock.

Nebius Group Price Performance

Shares of NBIS stock opened at $31.80 on Tuesday. The company has a market cap of $7.49 billion, a price-to-earnings ratio of -55.79 and a beta of 2.63. Nebius Group has a twelve month low of $14.09 and a twelve month high of $43.66. The stock’s fifty day moving average price is $30.60.

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.