BWS Financial Reaffirms Buy Rating for Nebius Group (NASDAQ:NBIS)

Nebius Group (NASDAQ:NBIS)‘s stock had its “buy” rating reaffirmed by BWS Financial in a report released on Tuesday,Benzinga reports. They presently have a $60.00 target price on the stock. BWS Financial’s target price indicates a potential upside of 98.87% from the stock’s previous close.

Separately, DA Davidson assumed coverage on shares of Nebius Group in a research report on Tuesday, February 25th. They issued a “buy” rating and a $50.00 price target on the stock.

Nebius Group Stock Performance

NBIS stock opened at $30.17 on Tuesday. The firm’s 50 day moving average price is $34.93. Nebius Group has a 12-month low of $14.09 and a 12-month high of $50.87. The firm has a market cap of $7.10 billion, a price-to-earnings ratio of -52.93 and a beta of 2.57.

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.