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

Nebius Group N.V. (NASDAQ:NBIS)’s share price traded up 8.9% during mid-day trading on Friday following a better than expected earnings announcement. The stock traded as high as $278.66 and last traded at $277.68. Approximately 28,779,552 shares changed hands during trading, an increase of 61% from the average daily 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, beating the consensus estimate of ($0.67) by $0.55. Nebius Group had a negative return on equity of 7.33% and a net margin of 4.55%.The company had revenue of $582.30 million for the quarter, compared to analyst estimates of $567.91 million. During the same period last year, the company earned $2.38 earnings per share. The business’s revenue was up 454% compared to the same quarter last year.

More Nebius Group News

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.

Analyst Ratings Changes

A number of brokerages have recently weighed in on NBIS. Citigroup boosted their price objective on shares of Nebius Group from $278.00 to $324.00 and gave the stock a “buy” rating in a research note on Friday. Bank of America lifted their target price on shares of Nebius Group from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, June 8th. Wolfe Research began coverage on shares of Nebius Group in a research report on Thursday, April 16th. They set a “peer perform” rating for the company. Zacks Research downgraded Nebius Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Finally, Northland Securities raised their price target on Nebius Group from $248.00 to $410.00 and gave the company an “outperform” rating in a research report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nebius Group has a consensus rating of “Moderate Buy” and a consensus price target of $226.00.

Insiders Place Their Bets

In related news, insider Andrey Korolenko sold 33,871 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $235.45, for a total transaction of $7,974,926.95. Following the transaction, the insider owned 551,338 shares of the company’s stock, valued at approximately $129,812,532.10. The trade was a 5.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Arkadiy Volozh sold 46,627 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $235.45, for a total transaction of $10,978,327.15. Following the transaction, the chief executive officer directly owned 821,662 shares in the company, valued at $193,460,317.90. This trade represents a 5.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 136,310 shares of company stock valued at $32,569,613 in the last 90 days.

Institutional Investors Weigh In On Nebius Group

Institutional investors have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Nebius Group by 34,371.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 93,762 shares of the company’s stock valued at $7,848,000 after buying an additional 93,490 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of Nebius Group during the fourth quarter valued at $24,756,000. Lombard Odier Asset Management Switzerland SA acquired a new position in shares of Nebius Group during the first quarter valued at $1,087,000. Geode Capital Management LLC boosted its holdings in Nebius Group by 1,095.7% in the fourth quarter. Geode Capital Management LLC now owns 2,046,799 shares of the company’s stock valued at $169,840,000 after acquiring an additional 1,875,612 shares during the last quarter. Finally, HB Wealth Management LLC bought a new position in Nebius Group in the first quarter valued at about $735,000. 21.90% of the stock is owned by institutional investors and hedge funds.

Nebius Group Stock Performance

The firm has a fifty day moving average of $221.54 and a 200-day moving average of $167.36. The company has a quick ratio of 8.33, a current ratio of 8.33 and a debt-to-equity ratio of 1.16. The firm has a market cap of $70.26 billion, a P/E ratio of -9,252.92 and a beta of 4.23.

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.