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Added to YB: 2026-04-28

Pitch date: 2026-04-26

NBIS [bullish]

Nebius Group N.V.

-2.31%

current return

Author Info

No bio for this author

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

$37.2B

Pitch Price

$148.39

Price Target

490.00 (+233%)

Dividend

N/A

EV/EBITDA

-177.57

P/E

1.3K

EV/Sales

72.56

Sector

Software

Category

growth

Show full summary:
Nebius Deep Dive: AWS of AI or a Bubble?

NBIS (deep dive): AI cloud provider targeting $7-9B ARR 2026 (7x YoY). $17.4B Microsoft deal, $27B Meta deal (Rubin chips) securing 60%+ of $20B capex. 3GW contracted power by end-2026, targeting 3GW active IT 2030. Model: 70% bare metal to hyperscalers, 30% AI cloud. Est 2030: $34B rev, 63% EBITDA margin, $6B net income. Key risks: Nvidia dependency, construction delays, AI bubble, overcapacity. Bulls: inference ($255B 2030), agentic AI ($93B 2030). At 4-5x 2026 ARR, upside to $490 (30x P/E) by 2030. Avride worth $4-6B, ClickHouse stake $5-8B.

Read full article (39 min)