Nebius Group (NASDAQ:NBIS) Sets New 12-Month High – Still a Buy?

Shares of Nebius Group N.V. (NASDAQ:NBISGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $38.69 and last traded at $36.93, with a volume of 4296302 shares traded. The stock had previously closed at $36.77.

Nebius Group Price Performance

The firm has a market capitalization of $12.18 billion, a price-to-earnings ratio of -59.12 and a beta of 2.58. The firm’s fifty day moving average is $21.62.

Nebius Group Company Profile

(Get Free Report)

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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