Nebius Group (NASDAQ:NBIS) Research Coverage Started at BWS Financial

BWS Financial initiated coverage on shares of Nebius Group (NASDAQ:NBIS) in a report published on Monday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $51.00 target price on the stock.

Nebius Group Price Performance

Nebius Group stock opened at $37.02 on Monday. The business’s fifty day moving average price is $27.23. The stock has a market cap of $13.38 billion, a P/E ratio of -64.95 and a beta of 2.63. Nebius Group has a 12-month low of $14.09 and a 12-month high of $39.38.

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.