TLDR
- NBIS stock closed at $123.04, down 2.2% from $125.83 in Thursday trading
- Company launched Aether AI Cloud 3.0 platform targeting enterprise customers
- Quarterly revenue of $105.10 million exceeded analyst forecasts by 10%
- $17.4 billion Microsoft partnership announced for AI infrastructure development
- BWS Financial raised price target to $130 with buy rating
Nebius Group stock fell 2.2% during Thursday’s trading session, closing at $123.04. The decline occurred despite multiple positive catalysts that typically drive stock prices higher.
Trading volume held steady at 14,025,864 shares. This matched the average daily volume of 14,078,608 shares. The stock had closed at $125.83 in the previous session.
The pullback came as the company unveiled its Aether AI Cloud 3.0 platform. This enterprise-focused solution offers enhanced security features and scalable AI services. The platform includes validated security certifications designed for critical business operations.
Microsoft Partnership Drives Infrastructure Expansion
Nebius recently secured a major partnership with Microsoft worth $17.4 billion. The five-year agreement focuses on AI infrastructure development. This includes GPU cluster expansion and cloud platform services.
The stock initially responded positively to the Aether AI Cloud 3.0 announcement. Premarket trading saw shares rise 2.54% to $129.03. However, these gains evaporated during regular trading hours.
BWS Financial upgraded its price target from $90 to $130. The firm maintained its buy rating on the stock. This represents a 44% increase in their valuation.
Goldman Sachs reaffirmed its buy rating with a $120 price target. Seaport Res Ptn and Wall Street Zen both moved to hold ratings in September. The consensus rating across analysts is buy, with an average price target of $91.20.
Earnings Beat Expectations But Revenue Trends Decline
Nebius reported Q2 earnings on August 7th. The company posted a loss of $0.38 per share. This beat analyst estimates of a $0.41 loss by $0.03.
Revenue reached $105.10 million for the quarter. This surpassed the $95.60 million consensus estimate. The company achieved a net margin of 99.34%.
The operating margin stands at negative 197.22%. Three-year revenue growth shows a decline of 68.3%. Analysts project a full-year loss of $1.10 per share.
NBIS carries a market cap of $29.01 billion. The stock trades with a beta of 3.45, indicating high volatility. The price-to-earnings ratio sits at negative 215.86.
Strong Balance Sheet Supports Growth Plans
The company maintains excellent liquidity metrics. Nebius has a current ratio of 14.70 and a debt-to-equity ratio of 0.31. This indicates strong financial flexibility for infrastructure investments.
The 50-day moving average sits at $91.32. The 200-day moving average is $56.93. Both are well below current trading levels.
Institutional ownership stands at 21.90% of outstanding shares. IFP Advisors purchased a new stake worth $25,000 in Q1. Signaturefd LLC increased its position by 125% to 450 shares.
The Aether AI Cloud 3.0 platform provides comprehensive governance tools for developers. Microsoft’s $17.4 billion commitment will fund GPU infrastructure and cloud services through 2030.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
