On May 19, 2025, DA Davidson analyst Alex Platt provided an update on Nebius Group (NBIS, Financial), maintaining a "Buy" rating while raising the price target. The updated price target for NBIS now stands at $45.00, up from the previous $35.00. This revision represents a 28.57% increase in the price target.
The decision to maintain the "Buy" rating further reflects a positive outlook from DA Davidson, indicating confidence in the stock's potential for growth. The updated price target suggests an anticipated increase in the market value of Nebius Group (NBIS, Financial).
Investors and market watchers will likely be monitoring the performance of Nebius Group (NBIS, Financial) closely following this updated analyst guidance. The increased price target sets a new benchmark for the company's future valuation prospects.
