Nebius Group (NASDAQ:NBIS) Shares Gap Up – Should You Buy?

Nebius Group N.V. (NASDAQ:NBISGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $21.43, but opened at $22.00. Nebius Group shares last traded at $21.74, with a volume of 2,062,004 shares trading hands.

Nebius Group Trading Up 2.6 %

The firm has a market capitalization of $7.95 billion, a price-to-earnings ratio of -37.60 and a beta of 2.68. The business’s 50 day moving average price is $19.79.

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.

Read More

Receive News & Ratings for Nebius Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nebius Group and related companies with MarketBeat.com's FREE daily email newsletter.