BWS Financial Increases Nebius Group (NASDAQ:NBIS) Price Target to $60.00

Nebius Group (NASDAQ:NBISGet Free Report) had its price target hoisted by equities research analysts at BWS Financial from $51.00 to $60.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. BWS Financial’s price target points to a potential upside of 50.64% from the company’s current price.

Nebius Group Stock Down 13.9 %

Nebius Group stock opened at $39.83 on Friday. Nebius Group has a 52-week low of $14.09 and a 52-week high of $50.87. The stock has a fifty day simple moving average of $34.37. The firm has a market capitalization of $9.38 billion, a price-to-earnings ratio of -69.88 and a beta of 2.57.

About Nebius Group

(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.

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