Throughout 2025, Nebius Group (NASDAQ: NBIS) focused on expanding its primary artificial intelligence (AI) cloud infrastructure business.
This expansion drew investor attention when the company announced two significant agreements with hyperscalers, leading to the full utilization of its available data center capacity
The stock tripled last year as the company exceeded bold revenue estimates. That guidance has continued to impress investors, and after Nebius reported Q1 results last month, the stock continued to plow higher. Shares soared 67.2% last month, according to data provided by S&P Global Market Intelligence.
Investors now need to consider whether the stock has more room to run. Eye-popping numbers Despite the company posting sales of only $105 million in the second quarter of 2025, management increased its prior guidance, forecasting an annual revenue run rate of up to $1.1 billion by the end of 2025. It ended up at a revenue run rate of $1.25 billion.