The price of Nebius Group N.V (NASDAQ:NBIS) shares last traded on Wall Street rose 7.48% to $22.69.
NBIS stock price is now -30.18% away from the 50-day moving average and -47.99% away from the 200-day moving average. The market capitalization of the company currently stands at $5.34B.
With the price target of $50, DA Davidson recently initiated with Buy rating for Nebius Group N.V (NASDAQ: NBIS). On February 24, 2025, BWS Financial reiterated its ‘Buy’ rating on the stock by increasing its target price from $51 to quote $60
In other news, Nave Ophir, Officer bought 9,905 shares of the company’s stock on Mar 18 ’25. The stock was bought for $287,068 at an average price of $28.98. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 27 ’25, Officer Volozh Arkadiy bought 47,066 shares of the business’s stock. A total of $1,353,147 was incurred on buying the stock at an average price of $28.75. A total of 20.98% of the company’s stock is owned by insiders.
During the past 12 months, Nebius Group N.V has had a low of $14.09 and a high of $50.87. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 9.64, and a quick ratio of 22.24. The fifty day moving average price for NBIS is $32.4996 and a two-hundred day moving average price translates $28.970316 for the stock.
The latest earnings results from Nebius Group N.V (NASDAQ: NBIS) was released for 2024-12-31. The net profit margin was 41.28% and return on equity was -9.36% for NBIS. The company reported revenue of $43.3 million for the quarter, compared to $5.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 766.0 percent.
