Nebius Group Target of Unusually High Options Trading (NASDAQ:NBIS)

Nebius Group N.V. (NASDAQ:NBIS) saw unusually large options trading on Wednesday. Stock traders acquired 37,303 call options on the company. This is an increase of approximately 46% compared to the average volume of 25,576 call options.

Nebius Group Price Performance

NASDAQ:NBIS traded down $0.50 during trading hours on Wednesday, reaching $36.39. 9,064,514 shares of the stock were exchanged, compared to its average volume of 7,417,282. The stock has a 50-day simple moving average of $26.88. Nebius Group has a twelve month low of $14.09 and a twelve month high of $39.38. The stock has a market cap of $13.15 billion, a P/E ratio of -63.84 and a beta of 2.63.

Wall Street Analysts Forecast Growth

Separately, BWS Financial started coverage on shares of Nebius Group in a research note on Monday. They set a “buy” rating and a $51.00 target price for the company.

Nebius Group Company Profile

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.