Nebius Group traded at $240.00 this Tuesday September 29th, increasing $8.12 or 3.50 percent since the previous trading session. Looking back, over the last four weeks, Nebius Group gained 16.32 percent. Over the last 12 months, its price rose by 113.77 percent. Looking ahead, we forecast Nebius Group to be priced at 232.20 by the end of this quarter and at 217.48 in one year, according to Trading Economics global macro models projections and analysts expectations.
Nebius Group NV is a Netherlands-based infrastructure company operating in the technology industry. The Company is engaged in developing a portfolio of artificial intelligence-related technology assets. It is involved in creating an artificial intelligence-centric player to integrate the essential elements of artificial intelligence development with infrastructure, data and advisory globally. It offers products and services such as a cloud platform for artificial intelligence-related workloads, development team services for autonomous vehicles, development of generative artificial intelligence. Nebius builds full-stack infrastructure to service the growth of the global AI industry, including GPU clusters, cloud platforms and tools and services for developers. Company is developing three other businesses that operate under their own brands: Toloka AI, TripleTen and Avride.