Added to YB: 2025-08-20
Pitch date: 2025-08-19
NBIS [neutral]
Nebius Group N.V.
+65.08%
current return
Author Info
MVC Investing is a long-term investor. BSc in Economics, MSc in Finance. Equity Analyst with a focus on Fundamental Analysis and Valuation. Sign up for the newsletter.
Company Info
Nebius Group N.V., a technology company, engages in building full-stack infrastructure to service the global AI industry in the Netherlands, Europe, North America, and Israel.
Market Cap
$24.7B
Pitch Price
$65.19
Price Target
100.00 (-7%)
Dividend
N/A
EV/EBITDA
-119.56
P/E
850.84
EV/Sales
48.86
Sector
Software
Category
growth
Nebius Group (NBIS): Is It Too Late to Buy? My Updated Valuation Model
NBIS (update): Multi-faceted AI infrastructure leader with core biz valued at $21B base case ($8B 2028E rev, 20% EBIT at 20x). Non-core assets worth $6.9B: ClickHouse (15% stake, $20B future valuation), Avride (30%, $15B), Toloka (20%, $7.5B). Base case $99.89/share (+38%) with significant upside potential.
Read full article (10 min)