Nebius Group (NASDAQ:NBIS) Trading 8.9% Higher Following Better-Than-Expected Earnings

Nebius Group N.V. (NASDAQ:NBIS)’s share price was up 8.9% during trading on Friday following a better than expected earnings announcement. The company traded as high as $278.66 and last traded at $277.68. 28,779,552 shares were traded during trading, an increase of 61% from the average session volume of 17,828,619 shares. The stock had previously closed at $255.04.

The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.67) by $0.55. The business had revenue of $582.30 million for the quarter, compared to the consensus estimate of $567.91 million. Nebius Group had a net margin of 4.55% and a negative return on equity of 7.33%. The firm’s quarterly revenue was up 454% compared to the same quarter last year. During the same period last year, the firm posted $2.38 earnings per share.

Nebius Group News Roundup

Here are the key news stories impacting Nebius Group this week:

• Positive Sentiment: Exceptional Q2 growth: Revenue surged 454% year over year to $582.3 million, exceeding estimates of $567.9 million. Adjusted EBITDA reached $236 million, while annualized run-rate revenue approached $3 billion. AI Cloud revenue grew 514%, reinforcing the company’s position as a major beneficiary of AI infrastructure demand. Nebius Group Q2 2026 earnings call highlights
• Positive Sentiment: Large contracts and backlog: Nebius reported four AI infrastructure contracts valued at more than $1 billion each, with its backlog reportedly topping $40 billion. The company also raised its contracted power target to 5 gigawatts, improving longer-term revenue visibility. Nebius Group is up after multibillion-dollar AI cloud wins
• Positive Sentiment: Pricing and funding momentum: Nebius’s first capacity auction cleared 15% above its prior peak pricing and 20% above quotes for Blackwell chips. Customer prepayments are increasingly funding capital expenditures, potentially reducing the need for external financing as the company expands. Nebius Q3 auction broke its price ceiling
• Positive Sentiment: Analyst support: Citigroup raised its price target from $278 to $324 and maintained a Buy rating. BofA lifted its target to $310, while Robert W. Baird raised its target to $340 with an Outperform rating. Northland Securities also reiterated its Buy rating.
• Positive Sentiment: UK expansion: Nebius and Vantage Data Centers announced NVIDIA-powered AI infrastructure at Vantage’s CWL1 campus in Newport, Wales—the first announced commercial capacity commitment in South Wales’s AI Growth Zone. Vantage and Nebius expand UK AI infrastructure
• Neutral Sentiment: Technical momentum: Strong volume and bullish chart patterns have attracted momentum traders, but the rapid advance leaves the stock vulnerable to volatility and profit-taking.
• Negative Sentiment: Valuation and balance-sheet concerns: Critics argue that NBIS is priced for exceptional execution, with a very high sales multiple, heavy infrastructure spending and risks from debt, depreciation and asset obsolescence. Michael Burry’s reported short position and DA Davidson’s $175 Neutral target highlight the possibility of a sharp pullback.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on NBIS. Northland Securities raised their target price on Nebius Group from $248.00 to $410.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. Weiss Ratings downgraded Nebius Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. Freedom Capital upgraded Nebius Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Wolfe Research began coverage on Nebius Group in a research note on Thursday, April 16th. They set a “peer perform” rating on the stock. Finally, Citigroup upped their target price on Nebius Group from $278.00 to $324.00 and gave the company a “buy” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $226.00.

Insiders Place Their Bets

In other news, Director John Wilson Iv Boynton sold 5,812 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $253.29, for a total value of $1,472,121.48. Following the transaction, the director directly owned 378,665 shares of the company’s stock, valued at approximately $95,912,057.85. This represents a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Arkadiy Volozh sold 46,627 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total value of $10,978,327.15. Following the sale, the chief executive officer owned 821,662 shares of the company’s stock, valued at approximately $193,460,317.90. This represents a 5.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 136,310 shares of company stock valued at $32,569,613 in the last three months.

Institutional Investors Weigh In On Nebius Group

Institutional investors have recently made changes to their positions in the company. Allied Private Wealth LLC acquired a new position in Nebius Group in the second quarter worth approximately $25,000. Parkside Financial Bank & Trust bought a new stake in Nebius Group in the fourth quarter worth approximately $25,000. Root Financial Partners LLC acquired a new position in shares of Nebius Group during the 4th quarter worth $26,000. SHP Wealth Management acquired a new position in shares of Nebius Group during the 4th quarter worth $26,000. Finally, Sound Income Strategies LLC increased its stake in shares of Nebius Group by 62.5% during the 1st quarter. Sound Income Strategies LLC now owns 260 shares of the company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Nebius Group Stock Up 8.9%

The firm has a market cap of $70.26 billion, a P/E ratio of -9,252.92 and a beta of 4.23. The business’s fifty day moving average price is $221.54 and its two-hundred day moving average price is $167.36. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 1.16.

About Nebius Group

Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company’s services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.