Nebius Group (NBIS) stock has become one of the hottest AI infrastructure plays on Wall Street, with analysts growing increasingly bullish following the company’s latest earnings report. While shares have already rallied sharply in 2026, several analysts believe the stock could still have meaningful upside ahead as demand for AI infrastructure continues accelerating.
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New trading tool for NBIS bulls/bearsWhy Are Analysts Bullish on Nebius Group Stock?
Citizens JMP analyst Gregory P. Miller recently reiterated a Buy rating on NBIS stock while raising his price target to a Street-high of $270 from $175. That updated target implies a potential 18.03% upside for the shares.
Miller’s bullish outlook comes after Nebius reported Q1 results that reinforced the company’s hyper-growth characteristics. According to the analyst, Nebius stands out because it controls key parts of its AI infrastructure stack, including technology, power, and data center capacity.
Additional analyst coverage of NBIS stock included:
- Morgan Stanley analyst Josh Baer reiterated a Hold rating and increased his price target to $144 from $126.
- Northland Securities analyst Nehal Chokshi maintained a Buy rating and a $248 price target.
- Bank of America analyst Tal Liani reiterated a Buy rating and raised his price target to $240 from $205.
- D.A. Davidson analyst Alex Platt reiterated a Buy rating and increased his price target to $250 from $200.
What About the Best Analysts Covering NBIS Stock?
Goldman Sachs analyst Alexander Duval ranks among the most accurate analysts covering the stock over the past three months, generating an 88% success rate with an average return of 52.31% per rating. He holds a Buy rating and a $205 price target for NBIS.
Meanwhile, Platt ranks among the most accurate and profitable analysts covering Nebius over longer timeframes. Over the past year, Platt has generated a 100% success rate with an average return of 240.75% per rating. His two-year performance is even stronger, featuring a 100% success rate with an average return of 302.35% per rating.
How Did NBIS Stock Perform Today?
Nebius Group stock was up 10.16% on Thursday, extending a 172.8% year-to-date rally. The shares have also increased 479.13% over the past 12 months.
NBIS stock trading activity today saw some 13 million shares change hands, compared to a three-month average daily trading volume of about 18.27 million shares.
