Shares of Nebius Group N.V. (NASDAQ:NBIS - Get Free Report) traded up 7.3% during trading on Friday . The stock traded as high as $37.36 and last traded at $37.09. 6,561,573 shares were traded during mid-day trading, a decline of 37% from the average session volume of 10,410,775 shares. The stock had previously closed at $34.55.
Separately, BWS Financial reiterated a "buy" rating and issued a $51.00 price objective on shares of Nebius Group in a research note on Tuesday, January 28th.
Check Out Our Latest Research Report on Nebius Group
The business's fifty day simple moving average is $32.06.
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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