Nebius Group N.V. (NASDAQ:NBIS – Get Free Report)’s stock price shot up 5.4% on Friday . The company traded as high as $47.68 and last traded at $43.94. 21,930,673 shares traded hands during trading, an increase of 98% from the average session volume of 11,076,647 shares. The stock had previously closed at $41.70.
Analysts Set New Price Targets
Separately, BWS Financial reaffirmed a “buy” rating and set a $51.00 price target on shares of Nebius Group in a research report on Tuesday, January 28th.
View Our Latest Report on NBIS
Nebius Group Price Performance
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.
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