There Is Clear Momentum For Nebius Group N.V (NASDAQ: NBIS)

Nebius Group N.V (NBIS) concluded trading on Wednesday at a closing price of $39.52, with 10.22 million shares of worth about $403.8 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -46.57% during that period and on January 22, 2025 the price saw a gain of about 5.11%. Currently the company’s common shares owned by public are about 235.46M shares, out of which, 191.96M shares are available for trading.

Stock saw a price change of 7.13% in past 5 days and over the past one month there was a price change of 45.88%. Year-to-date (YTD), NBIS shares are showing a performance of 42.67% which decreased to -41.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.09 but also hit the highest price of $39.38 during that period. The average intraday trading volume for Nebius Group N.V shares is 7.08 million. The stock is currently trading 23.05% above its 20-day simple moving average (SMA20), while that difference is up 40.67% for SMA50 and it goes to -27.09% lower than SMA200.

Nebius Group N.V (NASDAQ: NBIS) currently have 235.46M outstanding shares and institutions hold larger chunk of about 23.25% of that.

The stock has a current market capitalization of $9.31B. PE ratio of stock for trailing 12 months is 59.81, while it has posted earnings per share of $0.66 in the same period. It has Quick Ratio of 22.24 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NBIS, volatility over the week remained 8.65% while standing at 9.20% over the month.

Analysts are in expectations that Nebius Group N.V (NBIS) stock would likely to be making an EPS of -40.19 in the current quarter, while forecast for next quarter EPS is -35.04 and it is -82.44 for next year. For the current quarter EPS, analysts have given the company a lowest target -40.19 which is -40.19 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -259.69% while it is estimated to increase by 27.27% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BWS Financial on January 13, 2025 offering a Buy rating for the stock and assigned a target price of $51 to it.

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