Northern Data AG (DE:NB2)

XETRA:NB2

NB2

Northern Data AG

RESEARCH TOOLSreports

Northern Data AG (NB2) Price & Analysis

33 Followers

NB2 Stock Chart & Stats

€12.96

-€0.70(-1.42%)

At close: Jan 09 4:00 PM EST

€12.96

-€0.70(-1.42%)

Day’s Range― - ―

52-Week Range€8.26 - €29.90

Previous CloseN/A

Volume6.26K

Average Volume (3M)125.08K

Market Cap

€561.40M

Enterprise Value€1.18B

Total Cash (Recent Filing)€242.99M

Total Debt (Recent Filing)€179.53M

Price to Earnings (P/E)―

Beta1.18

Next Earnings

Aug 17, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)N/A

Shares Outstanding64,196,680

10 Day Avg. Volume101,348

30 Day Avg. Volume125,081

Financial Highlights & Ratios

PEG Ratio-0.07

Price to Book (P/B)2.26

Price to Sales (P/S)12.48

P/FCF Ratio-9.92

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)-0.23

Revenue Forecast (FY)€347.40M

Bulls Say, Bears Say

Bulls Say

Structural AI/HPC TailwindNorthern Data's core focus on HPC and AI-suitable compute infrastructure aligns with a durable secular trend toward heavy compute demand. Over 2–6 months this structural demand supports potential utilization and contract opportunities, underpinning long-term revenue potential if execution stabilizes.

Asset-backed Infrastructure ModelOwning and operating data center capacity provides tangible assets and a scalable service model. Selling access to compute (rather than only software) can generate recurring, contractable revenue and customer stickiness, which supports durable cash generation as utilization improves.

Sizable Equity BufferThe balance sheet still shows meaningful absolute equity, which provides a capital buffer to absorb losses and underpins the company's ability to fund ongoing data center investment or bridge financing. This supports survivability while turning operations toward positive cash flow.

Bears Say

Volatile Revenue And Weak EarningsRevenue instability and persistent operating losses erode predictability and hinder strategic planning. Over several months this undermines the company's ability to sign multi-year contracts, invest in capacity efficiently, and demonstrate improving margins necessary for long-term commercial credibility.

Rising LeverageA materially higher debt load increases fixed obligations and reduces financial flexibility. With debt > equity, incremental stress or margin pressure could force costly refinancing, asset sales, or equity issuance, impairing long-term investment in growth and capital-intensive data center operations.

Persistent Negative Free Cash FlowConsistent negative free cash flow means the business consumes cash even after operations, requiring external funding for capex and growth. This raises medium-term liquidity risk and increases the chance of dilution or increased leverage if structural cash generation doesn't improve sustainably.

Northern Data AG News

Tether-Backed Northern Data Sells Mining Arm to Company Execs amid Tax Fraud Probe

Northern Data ($NDTAF), a data center firm majority-owned by the stablecoin giant Tether (USDT-USD), has sold its Bitcoin...

4M ago

RUM

AI Daily: Scribe valued at $1.3B following funding round

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies...

5M ago

KDK

RUM

Northern Data downgraded to Hold from Buy at Canaccord

Canaccord downgraded Northern Data (NDTAF) to Hold from Buy with a price target of EUR 15, down from...

5M ago

Rumble to acquire AI infrastructure company Northern Data

Rumble (RUM) confirmed earlier that the company has signed a business combination agreement with Northern Data AG (NDTAF),...

5M ago

RUM

Crypto Currents: Rumble soars on AI deal, Coinbase launches token platform

Rumble shares are soaring after announcing a major acquisition to scale its AI cloud operations with Nvidia GPUs,...

5M ago

BLK

Morning Movers: Monday.com sinks following third quarter results

Markets are opening with a boost as global equity futures climbed on signs that the federal government shutdown,...

5M ago

NVO

OGN

Northern Data price target lowered to EUR 27 from EUR 40 at Berenberg

Berenberg lowered the firm’s price target on Northern Data (NDTAF) to EUR 27 from EUR 40 and keeps...

7M ago

Rumble announces intent to acquire Northern Data

Rumble (RUM) has informed Northern Data (NDTAF) of its interest in pursuing a potential exchange offer. The shareholders...

8M ago

RUM

M&A News: Rumble (RUM) Explores $1.2B Takeover of Germany’s Northern Data

U.S.-based Rumble ($RUM) is exploring a $1.2 billion bid to acquire Germany’s Northern Data AG ($NDTAF). The move...

8M ago

RUM

Northern Data price target lowered to EUR 40 from EUR 43 at Berenberg

Berenberg lowered the firm’s price target on Northern Data (NDTAF) to EUR 40 from EUR 43 and keeps...

10M ago

Northern Data price target lowered to EUR 43 from EUR 50 at Berenberg

Berenberg lowered the firm’s price target on Northern Data (NDTAF) to EUR 43 from EUR 50 and keeps...

1y ago

Northern Data AG Reports Robust Growth and Positive Outlook

Northern Data AG (($DE:NB2)) has held its Q4 earnings call. Read on for the main highlights of the...

1y ago

Northern Data price target raised to EUR 50 from EUR 42 at Berenberg

Berenberg raised the firm’s price target on Northern Data (NDTAF) to EUR 50 from EUR 42 and keeps...

1y ago

Northern Data AG Reports Strong 2024 Financial Growth

Northern Data AG ( ($NDTAF) ) has released its Q4 earnings. Here is a breakdown of the information...

1y ago

NB2 FAQ

What was Northern Data AG’s price range in the past 12 months?

Northern Data AG lowest stock price was €8.26 and its highest was €29.90 in the past 12 months.

What is Northern Data AG’s market cap?

Northern Data AG’s market cap is €561.40M.

When is Northern Data AG’s upcoming earnings report date?

Northern Data AG’s upcoming earnings report date is Aug 17, 2026 which is in 125 days.

How were Northern Data AG’s earnings last quarter?

Currently, no data Available

Is Northern Data AG overvalued?

According to Wall Street analysts Northern Data AG’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Northern Data AG pay dividends?

Northern Data AG does not currently pay dividends.

What is Northern Data AG’s EPS estimate?

Northern Data AG’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Northern Data AG have?

Northern Data AG has 64,196,680 shares outstanding.

What happened to Northern Data AG’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Northern Data AG?

Currently, no hedge funds are holding shares in DE:NB2

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Northern Data AG Stock Smart Score

Underperform

Technicals

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Company Description

Northern Data AG

Northern Data AG develops and sells high-performance computing (HPC) infrastructure solutions worldwide. It offers infrastructure for various HPC applications in areas, such as cloud computing, bitcoin hosting and services, altcoin and bitcoin mining, and data centers. The company was formerly known as Northern Bitcoin AG and changed its name to Northern Data AG in January 2020. Northern Data AG is based in Frankfurt am Main, Germany.