Alonso Sanchez Maria del Dado sold $92K of NBIS

Nebius Group (NBIS) shares dropped 2.5% to $237.70 despite a BNP Paribas upgrade to Outperform and a $399 price target. Q2 revenue rose 454% YoY to $582.3M, with adjusted EBITDA at $236.2M. The company maintained full-year revenue guidance of $7B-$9B, but profitability concerns persist.

CoreWeave (CRWV) and Nebius Group (NBIS) stocks rose in pre-market trading on Sept. 25, following analyst upgrades. CRWV gained 1.34% after a 3.72% increase on Thursday, while NBIS rose 1.88% after a 7.44% jump. JPMorgan upgraded CRWV to Overweight with a $125 target, citing strong AI computing demand. BNP Paribas upgraded NBIS to Outperform with a $399 target, noting higher computing service prices. Both stocks have Moderate Buy consensus ratings on TipRanks.

Nebius Group (NASDAQ:NBIS) stock rose on Friday, following a 9% gain on Thursday after BNP Paribas upgraded it to Outperform and raised its price target to $399. The firm cited improved outlook and potential for $22B in annual recurring revenue by 2027. Additionally, Nebius plans a 20% price increase on GPU cloud services, including NVIDIA models, starting October 1. The stock is up 2.22% in premarket trading at $248.88.

Nebius Group (NBIS) shares rose 7.44% to $243.48 after BNP Paribas raised its price target to $399 and rating to outperform, citing upcoming price hikes for AI cloud services. The company plans to increase Nvidia GPU and AMD EPYC Genoa CPU rates by 17-25% starting October 1. Q2 results showed a net loss of $190.4M but revenue surged 454% to $582.3M, with adjusted EBITDA turning positive at $236.2M. Hedge fund holdings tripled to $8.28B in Q2.

Nebius Group N.V. (NBIS) shares rose 9% after BNP Paribas upgraded the stock to 'Outperform' and raised its price target to $399 from $260, citing improved outlook and potential $22B ARR by 2027. The company reported Q2 revenue of $582M, up 454%, with AI business revenue up 514%.

Bank of America raised its revenue estimates for Nebius Group NV, forecasting $12.7B for 2027 and $27.3B for 2028, citing the AI infrastructure company's capacity and pricing strategies. BofA maintained its 'buy' rating and $310 price target, highlighting Nebius' ability to generate higher revenue from active power. The bank also increased its operating margin and capital expenditure forecasts, with execution risks noted.