Nebius Shares Tumble As Tech Sell-Off Grips Market

by | Jan 30, 2026 | General

Nebius Group (NASDAQ:NBIS) shares plunged on Friday, as the stock was swept up in a broader market downturn that hammered technology stocks across the board.

• Nebius Group stock is showing notable weakness. What’s behind NBIS decline?

Broader Market Weakness Weighs On Shares

The decline in Nebius shares appears to be part of a larger trend affecting many stocks on Friday, particularly in the technology sector. The Nasdaq fell 0.85% while the Russell 2000 declined 1.56%, indicating that the stock was caught in a broader market sell-off.

Recent Context For The AI Infrastructure Stock

The Friday sell-off comes after a turbulent period for Nebius shares. On Jan. 20, the stock retreated alongside software stocks following President Donald Trump‘s tariff announcement targeting European nations, including the Netherlands, where Amsterdam-headquartered Nebius is based. Trump announced 10% tariffs on several European countries beginning Feb. 1.

More recently, on Jan. 15, Morgan Stanley initiated coverage with an equal-weight rating and $126 price target, citing the company’s aggressive scaling targets to connect 700MW of power by 2026.

Earnings & Analyst Outlook

Investors are looking ahead to the next earnings report on Feb 19.

  • EPS Estimate: Loss of 43 cents (Down from loss of 37 cents year-over-year)
  • Revenue Estimate: $240.50 million (Up from $37.90 million YoY)

Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $150.71. Recent analyst moves include:

  • Morgan Stanley: Initiated with Equal-Weight (Target $126 on Jan. 15)
  • Citizens: Initiated with Market Outperform (Target $175 on Nov. 19, 2025)
  • BWS Financial: Buy (Maintains Target to $130 on Nov. 13, 2025)

Benzinga Edge Rankings

Below is the Benzinga Edge scorecard for Nebius Group, highlighting its strengths and weaknesses compared to the broader market:

  • Value Rank: 3.75 — The stock is trading at a premium relative to its peers.
  • Momentum Rank: 96.59 — Stock is outperforming the broader market.

NBIS Price Action: Nebius Group shares were down 10.09% at $85.33 at the time of publication on Friday, according to Benzinga Pro data.

Photo: Piotr Swat/Shutterstock