Nebius stock is shooting higher after a new "buy" rating
One of Schaeffer's top stock picks for 2025, Nebius Group NV (NASDAQ:NBIS), is up 21.5% to trade at $48.87 today. The cloud computing name secured $1 billion in convertible notes to develop its artificial intelligence (AI) capabilities, after which Arete Research initiated coverage with a "buy" rating and price target of $84 -- a 113% premium to yesterday's close.
Options bulls are blasting NBIS in response, with 203,000 calls exchanged so far in comparison to 44,000 puts. In terms of overall options volume, the equity has already seen 4.6 times the amount typically seen in an entire session. The weekly 6/6 50-strike is the most popular, followed by the June 50 call, with new positions opening at both.
Today's pop has NBIS trading at its highest levels since February, though not quite overtaking its February 18 three-year peak of $50.87, while the 320-day moving average keeps a cap on gains. Since the start of 2025, the shares are up roughly 76%.
Only three analysts cover NBIS, all carrying "buy" ratings. Should more analysts chime in with bull notes, the security could climb even higher.