Nebius (NASDAQ:NBIS) Stock
Neocloud company Nebius provides cloud computing capacity to support AI workloads. NBIS stock is up more than 124% year-to-date despite the 28% sell-off over the past month. The optimism about the stock has been backed by solid AI-driven demand and massive deals with social media giant Meta Platforms (META) and Microsoft (MSFT).
Moreover, a strategic partnership with Nvidia (NVDA) further bolsters investors’ confidence. In March, the chip giant announced a $2 billion investment in Nebius under a deal to expand full-stack AI cloud infrastructure. Last week, Nvidia disclosed a 9.3% stake in the neocloud company.
While most analysts covering NBIS stock remain bullish about its growth prospects, some are concerned about heavy capital spending and the impact of high depreciation on the bottom line. Wall Street expects Nebius to report a higher loss per share of $0.61 for Q2 2026 compared to $0.38 in the prior-year quarter, though revenue is projected to rise 450% to $577.66 million.
Is NBIS Stock a Strong Buy?
