DA Davidson raised the firm’s price target on Nebius (NBIS) to $250 from $200 and keeps a Buy rating on the shares following “strong” Q1 earnings, highlighted by continued demand signals and FY26 contracted power guidance being raised “yet again” to 4GW from 3GW. The firm believes that Nebius is “well on-track” to reach their long-term target of 5GW active power by 2030, the analyst tells investors.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade NBISPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NBIS:
- Morning News Wrap-Up, 5/13/26: Today’s Biggest Stock Market Stories!
- These Are the Stocks Reporting Earnings Today – May 13, 2026
- Nebius Posts Soaring Q1 2026 Revenue and Profitability, Secures 1.2 GW for New U.S. AI Facility
- Nebius reports Q1 EPS $2.11 vs. (44c) last year
- Nebius says ‘on track’ to achieve FY26 revenue $3B-$3.4B, consensus $3.3B