Goldman Sachs analyst Alexander Duval maintained a Buy rating on Nebius Group yesterday and set a price target of $160.00.
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New trading tool for NBIS bulls/bearsAlexander Duval has given his Buy rating due to a combination of factors tied to Nebius Group’s newly announced strategic alliance with Nvidia. The $2bn investment and commitment to co-develop hyperscale AI cloud infrastructure underscore Nvidia’s confidence in Nebius’ engineering depth and its role as an early adopter of next-generation AI platforms, including Rubin, Vera, BlueField storage, and the broader Nvidia software ecosystem.
This partnership is expected to materially accelerate Nebius’ capacity expansion, supporting a roadmap toward more than 5GW of data center power by 2030, up from a goal of over 3GW of contracted power by 2026. Duval highlights that, based on his revenue-to-power assumptions, this implies a significantly larger long-term revenue opportunity than what is currently reflected in consensus forecasts, justifying a Buy rating and a $160 12‑month price target despite acknowledged risks from competition, AI adoption pace, and contract duration visibility.
In another report released on March 5, BWS Financial also maintained a Buy rating on the stock with a $130.00 price target.