Why Did Nebius Group Stock Soar 14.64%?

On May 12, 2025, Nebius Group's stock surged by 14.64% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

DA Davidson recently adjusted their price target for Nebius Group, lowering it from $50.00 to $30.00 while maintaining a "buy" rating. This move reflects the firm's ongoing evaluation of the company's prospects and potential for growth.

Nebius Group's stock has seen notable increases in recent days, with reports indicating that the company is attracting substantial investment. This influx of capital is likely contributing to the positive sentiment surrounding the stock, as investors anticipate further growth and development.