On Monday, Nebius Group NV (NASDAQ:NBIS) saw its stock price surge following positive comments from Citroen Research. The investment bank took to social media to express its bullish sentiment on Nebius Group, highlighting the company’s potential in the AI sector and its current low valuation compared to its peer, CoreWave. According to InvestingPro, investors looking for detailed valuation metrics and comprehensive analysis can access the Pro Research report, which offers expert insights on more than 1,400 U.S. stocks.
Citroen Research tweeted their strong belief in Nebus Group’s prospects, saying: “Citroen confirms that $NBIS is poised to be Wall Street’s next AI star. It remains under-reported by analysts, and the market has yet to capture its massive potential or its low valuation relative to CoreWave.” They predicted that if Nebus Group trades at a 50% discount to CoreWave’s valuation, the stock could be valued at $60.
The tweet also praised Nepos Group CEO Arkady Volozh, calling him a “real person,” and mentioned the strategic investment by Nvidia (NASDAQ: NVDA), which was not made randomly but rather the result of a decade-long relationship with Nepos Group. InvestingPro data shows impressive financial metrics for NVDA, including a perfect Piortowski score of 9 and 152% revenue growth over the past 12 months. Citroen Research also noted the company’s strong financial position, describing it as a “strong balance sheet.”
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Following Citroen Research’s tweet, shares of Nebus Group hit a session high, up 9.6%. This move in the share price highlights the impact that endorsements from well-known investment research institutions can have on market perception and investor sentiment. For deeper insights into market movements and valuations, InvestingPro offers