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Outlier07STOCKS2026-05-03

Nebius Group jumps 11.8% on Eigen AI acquisition, BofA PT at $175

  • Nebius Group (NBIS) closed at $154.49 on May 1, up 11.76%, after announcing the acquisition of Eigen AI to support faster and more efficient AI model inference.
  • BofA had already raised its price target to $175 (from $150) on Apr 13, citing new contracts with CoreWeave — implying ~13% further upside from the post-announcement close.
  • Volume on the announcement day was 15.9 million shares, above the recent daily average of ~14 million.

Supporting queries

To surface this insight, Baselight ran 5 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

News published 2026-05-02 (Insider Monkey): 'Nebius climbed 11.76% to close at $154.49.' Prior close Apr 27: $144.96 (daily_prices). BofA PT $175 (Insider Monkey, Apr 28). Volume: 15.9M vs ~14M avg. Freshness: news published May 2 reporting Friday's session.

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