Nebius’s Revenue Is Forecast to Roughly Quadruple Year Over Year.
Here’s Why Analysts Are Still Debating Whether That’s Enough to Justify the Stock
If you’ve been following the stock market this year or the artificial intelligence (AI) boom, you had to have heard of Nebius (NASDAQ: NBIS) by now. The stock is on an absolute tear, up more than 200% this year. The stock jumped almost 50% last week alone.
Nebius’ revenue is on track to roughly quadruple this year, but the stock still sits in a gray zone where some investors see a future AI infrastructure giant and others see a capital-hungry niche player priced for perfection. The debate comes down to what Nebius is actually building, how durable that revenue is, and whether the current valuation already assumes most of the upside. Explosive revenue growth Nebius’ growth is coming in huge steps.