Yandex upgraded by Morgan Stanley with a new price target
$YNDX
Internet and Information Services
Technology
Morgan Stanley upgraded Yandex from Equal Weight to Overweight and set a new price target of $75.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/16/2021 | $76.00 → $77.00 | Hold → Buy | HSBC |
| 9/27/2021 | $77.50 → $111.00 | Neutral → Buy | UBS |
MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / November 3, 2022 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), a Dutch public limited company and one of Europe's largest internet businesses, today announced its unaudited financial results for the third quarter ended September 30, 2022.Q3 2022 Financial and Operational Highlights1,2In RUB millions Three months ended September 30 20212022Change Total Revenues91,305133,16346% Total Adjusted EBITDA5,62220,003256%Total GroupTotal Adjusted EBITDA margin, %6.20%15.00%8.8 pp Net income/(loss)-3,90845,541n/m Including one-off non-cash gain as a result of the News and Zen deconsolidation-38,051n/m Adjusted Net Income1,3405,009n/m Share of Russian s
MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / July 27, 2022 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), one of Europe's largest internet companies, today announced its unaudited financial results for the second quarter ended June 30, 2022.Q2 2022 Financial and Operational Highlights1,2In RUB millions Three months ended June 30 20212022Change Total Revenues81,402117,74845% Online Ad Revenues39,58648,43022% Total Adjusted EBITDA5,78025,694345%Total GroupTotal Adjusted EBITDA margin, %7.1%21.8%14.7 pp Net income/(loss)(4,664)8,056n/m Adjusted Net Income1,01213,134n/m Share of Russian search market, %59.7%62.1%2.4 pp Search share on Android, %59.5%61.9%2.4 pp Search share on iOS, %42.2%48
MOSCOW, RUSSIA and AMSTERDAM, the NETHERLANDS / ACCESSWIRE / April 27, 2022 / Yandex (NASDAQ and MOEX:YNDX), one of Europe's largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the first quarter ended March 31, 2022.Q1 2022 Financial and Operational Highlights1,2We experienced continued stable operations and strong growth across most of our businesses through February 23, 2022. In the last five weeks of the first quarter, our operations in certain businesses were adversely affected by the impact of geopolitical developments, which is reflected in our results for the full first quarter. In RUB millions
SC 13G/A - Yandex N.V. (0001513845) (Subject)
SC 13G/A - Yandex N.V. (0001513845) (Subject)
SC 13G/A - Yandex N.V. (0001513845) (Subject)
The Dutch holding company behind Yandex N.V. (NASDAQ:YNDX) penned a deal with a purchaser consortium to sell its entire businesses in Russia and certain international markets for RUB475 billion (around $5.21 billion). The market capitalization of Yandex is calculated at about $10.2 billion (RUB 918 billion) based on the volume-weighted average sale price per Class A Share on the Moscow Exchange in the three months ending January 31, 2024. The divestment price comprises company’s cash balance of at least RUB 230 billion and Class A shares of about 176 million. Notably, Yandex will pay the cash consideration in Chinese Yuan (CNH) outside of Russia. The sales price reflects a manda
The Dutch holding company behind Yandex NV (NASDAQ:YNDX) is reportedly contemplating a comprehensive sell-off of all its Russian assets rather than pursuing merely a controlling stake sale to finalize the deal before the year's end. The intended strategy is to refocus on four international business lines following the sale. Speculation among insiders indicates the possibility of Yandex NV completely exiting Russia, relinquishing control over its assets. Estimates suggest the deal's value may hover around 560 billion roubles ($6.18 billion), albeit subject to negotiations and potential discounts demanded by the Kremlin. Citing another source, Reuters noted a deal value estimate of approxi
NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (NASDAQ:NDAQ) announced that trading will resume in Nebius Group N.V. (NASDAQ:NBIS) at 9:00 a.m. Eastern Time on October 21, 2024. Trading in the company's stock was halted on February 28, 2022 at 6:38 a.m. Eastern Time under its former name and symbol, Yandex N.V. (NASDAQ:YNDX). For news and additional information about the company, please contact the company directly or check under the company's symbol using InfoQuotesSM on the Nasdaq® Web site. For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com. NDAQO Nasdaq Media Contact:Sophia [email protected]
MOSCOW, RUSSIA and AMSTERDAM / ACCESSWIRE / March 15, 2023 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), a Dutch public limited company and one of Europe's largest internet businesses, today announced that it received a written notice (the "Notice") from the Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Staff has determined to delist the Company's securities from the Nasdaq Global Select Market.In the Notice, the Staff notes the continued geopolitical circumstances affecting Russia and their potential impact on the Company, and states that the Staff is therefore exercising its broad discretionary authority under Nasdaq Listing Rule 5101 to deli
NEW YORK, March 15, 2023 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market (NASDAQ:NDAQ) announced today that it has notified Yandex N.V. (NASDAQ:YNDX) that its securities will be delisted from the Nasdaq Stock Market LLC on March 24, unless the company appeals to a Listing Qualifications Hearings Panel. The securities will remain halted, and unavailable to trade, until any appeal is resolved, and the securities are removed from Nasdaq. Following removal from Nasdaq the securities may be eligible for trading in the over-the-counter market. Nasdaq will file a Form 25 with the Securities and Exchange Commission to complete the delistings. The delistings become effective ten days after the Fo
MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / December 22, 2022 / Yandex N.V. (NASDAQ:YNDX), the Dutch parent company of the Yandex Group, today announced that all resolutions proposed at Yandex's 2022 Annual General Meeting of Shareholders (the "AGM") have been approved.Yandex also announced three re-appointments to its Board of Directors. Each of Rogier Rijnja, Charles Ryan and Alexander Voloshin were re-appointed as non-executive members of the Board of Directors, each for a four-year term.The total number of ClassA shares eligible to vote at the AGM was 325,877,318, with a total of 325,877,318 voting rights; the total number of ClassB shares was 35,698,674, with a total of 356
MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / June 3, 2022 / Yandex N.V., a Dutch public limited company and one of Europe's largest internet businesses,today announces that Arkady Volozh, the company's co-founder, has stepped down with immediate effect from his positionёs as Executive Director and Chief Executive Officer of Yandex N.V. and from his board and executive positions with its international subsidiaries.The European Union has imposed sanctions on Mr. Volozh personally. Neither Yandex nor the Group's subsidiaries have been included on the sanctions lists of the European Union, the United States or the United Kingdom. We do not believe that these developments will affect
MOSCOW and AMSTERDAM, NETHERLANDS / ACCESSWIRE / June 28, 2021 / Yandex N.V. (NASDAQ:YNDX)(MOEX:YNDX), one of Europe's largest internet companies and the leading search and ride-hailing provider in Russia, today announced that all resolutions proposed at Yandex's 2021 Annual General Meeting of Shareholders (the "AGM") and the meeting of the holders of Class A Ordinary Shares, both held on Monday, June 28, 2021, have been approved.Yandex also announced three re-appointments to its Board of Directors. Each of John Boynton, Esther Dyson and Ilya Strebulaev were re-appointed as non-executive members of the Board of Directors, each for a four-year term. Yandex also announced that Alexander Moldov
6-K - Nebius Group N.V. (0001513845) (Filer)
6-K - Nebius Group N.V. (0001513845) (Filer)
6-K - Yandex N.V. (0001513845) (Filer)
HSBC upgraded Yandex from Hold to Buy and set a new price target of $77.00 from $76.00 previously
UBS upgraded Yandex N.V. from Neutral to Buy and set a new price target of $111.00 from $77.50 previously
New Street Research initiated coverage of Yandex with a rating of Buy and set a new price target of $81.00