Is NBIS a good stock to buy?
We came across a bullish thesis on Nebius Group N.V. on Studio Innovation’s Substack by Studio
In this article, we will summarize the bulls’ thesis on NBIS. Nebius Group N.V.’s share was trading at $208.37 as of May 27th. NBIS’s trailing P/E was 80.33 according to Yahoo Finance.
Nebius Group N.V., a technology company, engages in building full-stack infrastructure to service the global AI industry in the United States and internationally. NBIS reported an exceptional Q1 2026 performance, with group revenue surging 684% year over year to $399 million, modestly above estimates, driven primarily by explosive growth in its core AI cloud business, which generated $390 million and reached an annualized run-rate of $1.9 billion, up sharply from $1.25 billion in the prior quarter. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential The company significantly outperformed expectations on profitability as well, posting EPS of $2.11 versus a loss estimate, alongside $129.5 million in adjusted EBITDA, reflecting a 22% margin, while the AI segment margin expanded dramatically to 45% as utilization and pricing power strengthened. Despite reporting an adjusted net loss of $100.3 million, the underlying cash generation profile improved meaningfully, supported by $2.26 billion in operating cash flow against heavy infrastructure investments, signaling a highly capital-intensive but rapidly scaling AI infrastructure buildout.