Nebius Group (NASDAQ:NBIS) Releases Quarterly Earnings Results, Beats Estimates By $1.02 EPS

Nebius Group (NASDAQ:NBIS) issued its quarterly earnings results on Thursday. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.72) by $1.02, Zacks reports. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%. The company had revenue of $980.80 million for the quarter, compared to analysts’ expectations of $907.20 million.

Here are the key takeaways from Nebius Group’s conference call:

• Nebius reported Q3 revenue of $980.8 million, up 571% year over year, and adjusted EBITDA of $465.8 million, with a 47.5% group margin. The quarter included about $325 million of non-recurring revenue from an asset-light rollout.
• Customer demand and contract economics strengthened: Q3 deals closed above $25 million per megawatt, and prepayments on new agreements covered more than 100% of the associated CapEx, shortening the stated payback period to 1.7 years. Nebius also reported multi-year enterprise deals and multi-billion-dollar agreements signed in Q4.
• Nebius lowered its 2026 revenue outlook to $3.0–$3.2 billion from $3.0–$3.4 billion, citing delays at third-party colocation sites that shift some capacity and revenue into 2027. It raised expected 2026 CapEx to about $27 billion.
• For 2027, management forecast revenue of $12–$13 billion—about four times its 2026 outlook—and expects to reach pre-tax break-even in Q4. Planned CapEx of $40–$45 billion is substantial, though the company expects prepayments and asset-backed financing to fund 75%–85% of it.

Nebius Group Trading Down 8.2%

NBIS stock traded down $10.58 during mid-day trading on Friday, reaching $118.06. 38,918,888 shares of the stock traded hands, compared to its average volume of 18,785,586. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 0.82. Nebius Group has a 52-week low of $73.52 and a 52-week high of $299.86. The company has a market cap of $29.87 billion, a P/E ratio of -3,924.19 and a beta of 4.63. The stock’s fifty day moving average is $196.49 and its 200-day moving average is $178.58.

Top Nebius Group Stories

Here are a few of the latest stories about NBIS:

• Positive Sentiment: Third-quarter revenue rose 571% to $980.8 million, beating expectations, and earnings also exceeded analyst estimates. Management cited strong demand for AI computing. NBIS Q3 Earnings Beat Estimates on AI Cloud Growth, Asset-Light Gains
• Positive Sentiment: Nebius is targeting $12 billion to $13 billion in 2027 revenue, and customer prepayments are expected to cover more than 100% of new capacity build-out costs—potentially easing some funding concerns. Nebius Group: 3 Key Takeaways for Long-Term Investors
• Negative Sentiment: The company’s roughly $40 billion to $45 billion infrastructure spending plans have raised concerns about capital intensity and delivery risk. Investors are also reacting to analyst price-target cuts and broader uncertainty about demand from major cloud partners and support for the neocloud sector. Nvidia-backed AI cloud stock sinks despite record quarter

Analysts Set New Price Targets

Several brokerages have recently weighed in on NBIS. Citigroup cut their price objective on Nebius Group from $324.00 to $265.00 and set a “buy” rating for the company in a report on Wednesday, November 4th. BNP Paribas Exane raised Nebius Group from a “neutral” rating to an “outperform” rating and raised their target price for the company from $260.00 to $399.00 in a research note on Thursday, September 24th. Wall Street Zen raised Nebius Group from a “strong sell” rating to a “sell” rating in a report on Sunday, August 16th. William Blair started coverage on shares of Nebius Group in a research note on Wednesday, September 30th. They issued an “outperform” rating on the stock. Finally, Northland Securities boosted their target price on shares of Nebius Group from $248.00 to $410.00 and gave the stock an “outperform” rating in a report on Monday, July 20th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $226.00.

Insiders Place Their Bets

In other news, CTO Danila Shtan sold 14,546 shares of Nebius Group stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $234.16, for a total value of $3,406,091.36. Following the transaction, the chief technology officer directly owned 260,217 shares of the company’s stock, valued at $60,932,412.72. This trade represents a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Wilson Boynton sold 7,260 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $177.63, for a total transaction of $1,289,593.80. Following the sale, the director owned 403,522 shares in the company, valued at $71,677,612.86. This represents a 1.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders bought 1,718 shares of company stock valued at $280,207 and sold 103,527 shares valued at $23,457,169.

Nebius Group Company Profile

Nebius Group is a technology company focused on building infrastructure for artificial intelligence. Its core business, Nebius, offers cloud computing services and access to accelerated computing resources designed to help developers and organizations train and run AI models. The company also has businesses in areas including data services for AI, autonomous mobility and online education. Based in Amsterdam, Nebius serves customers internationally and is developing data center and computing capacity to support its AI cloud services.