Nebius Group (NBIS), an AI infrastructure company, has emerged as one of the top performers in the sector, rising about 521% over the past year and gaining 69% so far in 2026. However, some analysts believe the stock may be overbought after its huge rally so far this year. To prove the skeptics wrong and justify its recent surge, Nebius must deliver a strong report when it officially releases its Q1 results. Wall Street expects Nebius to post a lower loss of $0.77 per share on revenues of $375.13 million to justify its massive valuation.
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Forget margin or options. Here's how the pros trade NBISThe Catalysts Driving the Rally
The rise in the stock is backed by strong deals. In March, Nebius secured a $2 billion investment from Nvidia (NVDA), followed by a $12 billion agreement with Meta (META).
These partnerships have helped Nebius become a key AI infrastructure provider for large tech firms. The company is building 310 MW of capacity in Finland and has a pipeline of nearly $4 billion, placing it in a strong position to meet rising demand for AI computing.
What Wall Street Thinks
Wall Street is split on the stock in the near term. Recently, Freedom Capital Markets analyst Paul Meeks downgraded the stock from Buy to Hold on valuation concerns, but raised his price target to $154 from $108, pointing to stronger long-term potential.
Meanwhile, Wolfe Research initiated coverage with a Peer Perform rating, saying the risk-reward now looks balanced.
On the bullish side, Goldman Sachs kept its Buy rating and raised its price target after Nebius signed a long-term deal with Meta. The company expects this deal to drive strong revenue growth starting in 2027, with estimates for 2027–2030 raised by 30% to 50%. While expansion will lift costs in the near term, Goldman Sachs expects profits to grow over time as the business scales.
Is NBIS Stock a Good Buy?
On TipRanks, NBIS has a Strong Buy consensus rating based on nine Buys and two Holds. The average Nebius price target of $167.70 implies nearly 18.78% upside potential from current levels.
