Nebius Group N.V [NBIS] is 13.86% higher this YTD. Is it still time to buy?

Nebius Group N.V [NASDAQ: NBIS] stock went on an upward path that rose over 1.02% on Tuesday, amounting to a one-week price increase of more than 17.16%.

Over the last 12 months, NBIS stock dropped by -50.28%. The one-year Nebius Group N.V stock forecast points to a potential upside of 57.86. The average equity rating for NBIS stock is currently 1.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $7.43 billion, with 235.46 million shares outstanding and 190.23 million shares in the current float. Compared to the average trading volume of 7.12M shares, NBIS stock reached a trading volume of 8404435 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Nebius Group N.V [NBIS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NBIS shares is $74.85 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NBIS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for Nebius Group N.V is set at 2.78, with the Price to Sales ratio for NBIS stock in the period of the last 12 months amounting to 2.69. The Price to Book ratio for the last quarter was 2.19, with the Price to Cash per share for the same quarter was set at 9.72.

NBIS Stock Performance Analysis:

Nebius Group N.V [NBIS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.16. With this latest performance, NBIS shares gained by 1.22% in over the last four-week period, additionally sinking by -62.11% over the last 6 months – not to mention a drop of -50.28% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NBIS stock in for the last two-week period is set at 58.25, with the RSI for the last a single of trading hit 63.20, and the three-weeks RSI is set at 58.46 for Nebius Group N.V [NBIS]. The present Moving Average for the last 50 days of trading for this stock 25.40, while it was recorded at 30.43 for the last single week of trading.

Insight into Nebius Group N.V Fundamentals:

Nebius Group N.V’s liquidity data is similarly interesting compelling, with a Quick Ratio of 22.24 and a Current Ratio set at 22.24.

Nebius Group N.V [NBIS] Institutonal Ownership Details