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New trading tool for NBIS bulls/bearsNebius Group ( (NBIS) ) has provided an announcement.
On February 12, 2026, Nebius Group reported unaudited financial results for the fourth quarter and full year ended December 31, 2025, highlighting explosive top‑line growth but persistent losses. Quarterly revenue surged to $227.7 million from $35.2 million a year earlier, while full‑year revenue jumped to $529.8 million from $91.5 million, driven by expansion in its AI cloud and related platforms.
Despite this scale‑up, Nebius remained loss‑making, with Q4 2025 adjusted EBITDA swinging from a $63.9 million loss to a $15.0 million profit but net loss from continuing operations widening to $249.6 million. For 2025 as a whole, the company narrowed its loss from continuing operations to $29.0 million while ramping capital expenditures to $4.1 billion and significantly increasing depreciation, underscoring the heavy infrastructure build‑out required to compete in the AI cloud market and the ongoing risk‑reward balance for shareholders.
Operating expenses rose sharply across cost of revenues, product development, and SG&A, yet as a share of revenue they declined materially year on year, indicating improving operating leverage as the business scaled. Nebius also confirmed that Toloka, an AI development platform, was deconsolidated in the second quarter of 2025 and is now accounted for under the equity method, reflecting a more focused consolidation scope around its core AI infrastructure and adjacent businesses.
The company ended 2025 with 253,016,971 shares issued and outstanding, split between Class A and Class B stock excluding treasury shares, a structure relevant for voting dynamics and future equity‑based financing. Management accompanied the results with a shareholder letter from founder and CEO Arkady Volozh and scheduled an earnings webcast on February 12, 2026, signaling continued efforts to court global investors as Nebius positions itself more prominently in the rapidly evolving AI cloud sector.
The most recent analyst rating on (NBIS) stock is a Buy with a $211.00 price target. To see the full list of analyst forecasts on Nebius Group stock, see the NBIS Stock Forecast page.
Spark’s Take on NBIS Stock
According to Spark, TipRanks’ AI Analyst, NBIS is a Neutral.
Nebius Group’s overall stock score is primarily impacted by its financial performance challenges, including declining revenues and weak cash flow management. The technical analysis shows mixed signals, with some bearish momentum. The high P/E ratio indicates overvaluation, further weighing down the score. While the earnings call provided a positive outlook with significant deals, the associated risks and challenges limit the overall score.
To see Spark’s full report on NBIS stock, click here.
More about Nebius Group
Nebius Group N.V., listed on Nasdaq under the ticker NBIS, operates as an AI cloud company focused on providing a full‑stack platform for developers and enterprises. Its core businesses include Nebius AI infrastructure, the Avride autonomous vehicle platform, and TripleTen edtech services, with a market focus on end‑to‑end AI workloads from data and model training to production deployment.
Average Trading Volume: 15,057,718
Technical Sentiment Signal: Buy
Current Market Cap: $23.11B
See more data about NBIS stock on TipRanks’ Stock Analysis page.