Northern Data AG (DE:NB2)

XETRA:NB2

NB2

Northern Data AG

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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

€1.06B

Enterprise Value€1.65B

Total Cash (Recent Filing)€242.99M

Total Debt (Recent Filing)€179.53M

Price to Earnings (P/E)―

Beta1.27

Next Earnings

Aug 11, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-5.22

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

HPC / AI Infrastructure ExposureNorthern Data's core business is providing scalable HPC and data center capacity for AI and compute-intensive workloads. This structural exposure aligns with durable secular demand for AI compute, creating a long-term addressable market and recurring infrastructure revenue potential as customers scale usage.

Sizable Equity BufferDespite rising leverage, the company retains meaningful absolute equity, which provides a capital buffer and optionality to support operations, investment, or refinancing. A sizable equity base helps absorb losses and preserves corporate flexibility over the medium term versus near-insolvent peers.

Operating Cash Flow ImprovementA move to slightly positive operating cash flow in 2025 indicates early signs of operational stabilization or improved working-capital dynamics. If sustained, positive OCF reduces reliance on external financing and supports incremental reinvestment in infrastructure over the coming months.

Bears Say

Persistent Negative ProfitabilityNegative gross profit over multiple years signals the core infrastructure offering currently fails to cover direct costs. This is a fundamental profitability issue that undermines margin sustainability and requires structural changes—pricing, cost base, or utilization—to restore long-term viability.

Rising Leverage (debt > Equity)Debt rising sharply and exceeding equity increases financial risk and interest burden, limiting strategic flexibility. Elevated leverage heightens vulnerability to funding stress, raises refinancing risk, and can force asset sales or equity dilution if operational losses persist.

Consistent Negative Free Cash FlowSustained material negative free cash flow, including a large 2024 outflow, indicates ongoing cash burn from operations and capex. As a capital-intensive data-center operator, persistent FCF deficits create recurring financing needs and raise execution risk over the medium term.

Northern Data AG News

Crypto Currents: Strategy tops IBIT as bitcoin’s biggest holder amid rally

Bitcoin (BTC-USD) is trading above $76,000 Tuesday, lifted by U.S.-Iran peace-talk optimism and a fresh $2.54B purchase from...

1M ago

BLK

DDC

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...

5M 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...

7M 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...

7M 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),...

7M 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,...

7M 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,...

7M 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...

9M 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...

10M 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...

10M 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...

12M 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 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 €1.06B.

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

Northern Data AG’s upcoming earnings report date is Aug 11, 2026 which is in 72 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.