Added to YB: 2026-08-12
Pitch date: 2026-08-10
NBIS [neutral]
Nebius Group N.V.
+3.06%
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 United States, the United Kingdom, and internationally.
Market Cap
$48.1B
Pitch Price
$187.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
-1.5K
P/E
64.99
EV/Sales
55.07
Sector
Software
Category
growth
Nebius Group (NBIS): Expectations for Q2 Results
NBIS (earnings): Q2 preview; author's largest position. Consensus rev $574.7M, adj EBITDA $173.1M (30.1% margin, in-line w/ guide). Expects rev beat as ARR run-rate implies ~$480M cloud rev. Watching YE2026 targets: $7-9B ARR, 800MW-1GW connected power, Vineland execution risk (DA Davidson cut PT $250→$175), 19+ locations, asset-light model, Token Factory uptake, funding via prepayments/asset-backed debt ($775M raise) vs unused ATM. Burry short. Bullish on execution track record.
Read full article (18 min)