Nebius Group N.V. (NASDAQ:NBIS – Get Free Report)’s share price dropped 0.6% during trading on Thursday . The company traded as low as $35.80 and last traded at $36.78. Approximately 1,861,155 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 6,975,938 shares. The stock had previously closed at $37.02.
Wall Street Analyst Weigh In
Separately, BWS Financial assumed coverage on Nebius Group in a research report on Monday. They set a “buy” rating and a $51.00 target price on the stock.
Read Our Latest Report on NBIS
Nebius Group Stock Performance
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.
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