Reading the tape
NASDAQ: NBIS
Nebius Group N.V.
Communication Services · Internet Content & Information
Market Cap
$37.08B
52w High
$168.71
52w Low
$23.25
P/E
366.66
Volume
15.71M
Outstanding Shares
240.00M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 545.59%Revenue (TTM): 410.8%FCF (TTM): -213.47%
What changed
The stock rose 545.59% over the last year. Revenue grew 410.8% over the trailing twelve months. Operating margin moved from -394.85% to -113.33%. Free cash flow declined 213.47% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum. The operating data is doing enough work that the move does not need an overvaluation story to explain it.
What would invalidate this read
Operating margin is at -113.33%. Revenue grew 410.8% — this thesis depends on that trajectory holding. Despite the price move, free cash flow fell 213.47%, which is worth watching as a leading indicator of future pressure. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Nebius Group N.V., operates as a technology company that engages in building full-stack infrastructure to service the global AI industry.
CEOArkady Volozh
SectorCommunication Services
IndustryInternet Content & Information
Employees1,371
IPO dateOct 21, 2024
Valuation
Forward P/E—
EV/EBITDA-116.51
Enterprise value$22.39B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth500.79%
Gross margin67.99%▲82.86%vs FY2024
Operating margin-113.33%▲70.00%vs FY2024
ROE2.2%▲111.18%vs FY2024
Analyst consensus
RatingBuy
Target price$168.67▲9.18%
4
Buy
0
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 13, 2026
Q2 FY26 · EPS est -$0.81 · Revenue est $375.13M
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