Nebius Group ($NBIS) reported its fourth-quarter financial results, showing an adjusted net loss of $87.5 million compared to a loss of $85.3 million year-over-year. Revenue for the quarter was $37.9 million, significantly higher than the $6.7 million reported in the same period last year. Following the earnings announcement, the stock initially surged by 12% in pre-market trading but later fell by 11%. The volatility was attributed to significant open interest for $40 call options expiring the next day. By the end of the trading day, the stock closed up 3%. BWS Financial raised its price target for $NBIS to $60, despite noting that customer pushouts in the fourth quarter of 2024 led to revenue underperformance. The company provided first-quarter guidance indicating that it is back on track and reiterated its long-term revenue goal of $1 billion.