In a remarkable surge that caught the attention of traders and analysts alike, Nebius Group N.V. (NASDAQ: NBIS) experienced an extraordinary spike in options trading on Thursday, June 5, 2025. Investors snapped up 155,601 call options on the stock — a staggering 162% increase compared to the usual daily volume of 59,424. This flurry of activity sent shares soaring, with NBIS stock climbing $6.65 mid-day to close at $46.04, a significant leap that outpaced its recent trading averages.
The volume of shares traded was equally impressive, with 54,456,626 shares changing hands, far surpassing the average daily volume of 10,877,127. This momentum reflects a growing enthusiasm around Nebius Group, a technology company specializing in machine learning-powered intelligent products and services. The company’s offerings include Nebius AI, a cloud platform designed for AI deployment and machine learning solutions, and Toloka AI, which provides generative AI (GenAI) tools spanning data annotation, generation, model training, fine-tuning, and quality assessment for large language models.
Market analysts have taken note of Nebius’s potential, with a consensus rating that leans heavily bullish. Northland Capmk upgraded the stock to a “strong-buy” rating on May 6, 2025, signaling confidence in the company’s trajectory. More recently, on June 5, Arete initiated coverage with a “buy” rating and set an ambitious price target of $84.00 per share, underscoring optimism about Nebius’s growth prospects.
Other financial institutions have also weighed in positively. BWS Financial reaffirmed a “buy” rating with a $60.00 price target on May 21, while Northland Securities assigned an “outperform” rating with a $47.00 target the same day. DA Davidson followed suit with a “buy” rating and a $45.00 price objective on May 19. Collectively, these evaluations contribute to an average consensus price target of $59.00, reflecting strong investor confidence in the company’s future.
Institutional investors have been actively adjusting their positions in Nebius Group, signaling growing interest from the financial community. Centaurus Financial Inc. notably acquired a substantial new stake valued at approximately $9.5 million during the fourth quarter. Smaller but meaningful investments have come from GAMMA Investing LLC, Whipplewood Advisors LLC, Intellectus Partners LLC, and SeaCrest Wealth Management LLC, all of whom purchased new positions in the first quarter of 2025. Currently, institutional investors hold 21.9% of Nebius’s outstanding shares, a figure that highlights the company’s appeal among sophisticated market participants.
The stock’s technical indicators also paint an intriguing picture. The 50-day moving average price sits at $28.19, while the 200-day moving average is slightly higher at $30.15. Within the past year, NBIS stock has swung between a low of $14.09 and a high of $50.87, demonstrating notable volatility but also significant upside potential. The company’s market capitalization stands at $10.85 billion, a testament to its growing footprint in the competitive AI technology sector. However, investors should note the firm’s price-to-earnings ratio is negative at -80.75, reflecting ongoing investments in growth and development rather than immediate profitability. Additionally, the stock’s beta of 3.25 suggests it is more volatile than the broader market, a characteristic often seen in high-growth tech companies.
Nebius Group’s business model centers on harnessing cutting-edge machine learning and AI technologies to deliver innovative solutions for both consumers and businesses. Nebius AI offers an AI-centric cloud platform that provides the infrastructure and computational power necessary for deploying AI applications effectively. Meanwhile, Toloka AI caters to the burgeoning generative AI market by supporting the entire lifecycle of GenAI projects — from data annotation and generation to model training, fine-tuning, and quality assurance. This comprehensive approach positions Nebius as a versatile player in the evolving AI landscape, capable of addressing diverse market needs.
The surge in call option purchases and the accompanying rise in share price reflect growing investor enthusiasm for Nebius’s strategic direction and technological capabilities. Analysts’ upgrades and optimistic price targets further bolster this sentiment, suggesting that the market sees substantial room for growth. However, the high volatility and negative earnings ratio indicate that the stock remains a speculative play, suitable for investors with a higher risk tolerance who believe in the long-term promise of AI innovation.
As the AI sector continues to captivate Wall Street and technology enthusiasts worldwide, Nebius Group’s recent market activity underscores the company’s rising profile. The influx of institutional investments and positive analyst coverage points to a broader recognition of Nebius’s potential to capitalize on AI’s transformative power. Whether this momentum will sustain remains to be seen, but for now, Nebius stands out as a compelling contender in the race to define the future of intelligent technology.
