Nebius Group N.V.

NasdaqGS:NBIS 주식 리포트

시가총액: US$59.2b

Nebius Group 과거 순이익 실적

과거 기준 점검 1/6

Nebius Group의 수입은 연평균 -2.2%의 비율로 감소해 온 반면, Software 산업은 수입이 연평균 27.2% 증가했습니다. 매출은 연평균 35.1%의 비율로 감소해 왔습니다. Nebius Group의 자기자본이익률은 10.2%이고 순이익률은 83.8%입니다.

핵심 정보

-2.20%

순이익 성장률

1.51%

주당순이익(EPS) 성장률

Software 산업 성장률17.33%
매출 성장률-35.09%
자기자본이익률10.15%
순이익률83.76%
최근 순이익 업데이트31 Mar 2026

최근 과거 실적 업데이트

Recent updates

Seeking Alpha May 23

Nebius: My Best AI Infrastructure Pick Gets A Strong Buy Upgrade

Summary Nebius Group is upgraded to Strong Buy with a new price target of $256.91, reflecting 20% upside and robust earnings growth. Q1 2026 revenues surged 684% year-over-year to $399 million, with Cloud AI revenues up 841% and EBITDA margins rising to 32.5%. Guidance for 2026 includes $3–$3.4 billion in revenues, 40% margins, and increased capital expenditures of $20–$25 billion, driven by hyperscaler contracts. Key risks include elevated capital expenditures and the need to secure funding, but operating leverage and contracted power growth support the investment thesis. Read the full article on Seeking Alpha
내러티브 업데이트 May 15

NBIS: Meta AI Megadeal And Nvidia Backing Will Support Future Capacity

Analysts have increased the Nebius Group fair value estimate from $270.06 to $291.00, citing recent price target revisions across the Street that are tied to stronger demand signals, higher GPU pricing, and improved profitability expectations. Analyst Commentary Recent research points to a cluster of higher valuation targets on Nebius Group, with bullish analysts largely tying their revisions to stronger demand signals, higher GPU pricing, large contract wins, and improving profitability metrics.
내러티브 업데이트 Apr 30

NBIS: Contract Concentration And Rising Debt Load Will Pressure Future Returns

The analyst fair value estimate for Nebius Group has been raised from $70 to $85. Analysts cite updated revenue growth assumptions, a slightly lower discount rate, broadly similar margin expectations, and a lower future P/E multiple to justify the new price target.
내러티브 업데이트 Apr 16

NBIS: Meta AI Contracts And Nvidia Partnership Will Support Future Capacity Expansion

The Nebius Group analyst price target has been reset modestly lower, with fair value now at $270.06. Analysts are adjusting their models for updated growth, profitability and P/E assumptions following a mix of recent target hikes and downgrades across the Street.
내러티브 업데이트 Apr 01

NBIS: Meta AI Contract Will Drive Long Term Capacity Expansion

Analysts lifted the Nebius Group price target to about $166 from roughly $159, citing updated forecasts for higher profit margins and a lower future P/E multiple supported by recent long term AI infrastructure contracts with large customers such as Meta and Microsoft. Analyst Commentary Street research on Nebius Group has been active, with several firms updating views and targets following new AI infrastructure contracts and recent earnings.
내러티브 업데이트 Mar 18

NBIS: Meta AI Infrastructure Contracts Will Support Future Capacity Expansion

The analyst price target for Nebius Group has increased to $278.70, with analysts citing large new AI infrastructure contracts with Meta and ongoing Buy initiations as key reasons for the reassessment. Analyst Commentary Bullish analysts are framing Nebius as a key AI infrastructure player, with recent research tying higher price targets to large, long-term cloud and AI contracts as well as expanding analyst coverage.
새로운 내러티브 Mar 16

Nebius Group NV (NBIS): The AI Infrastructure Pivot and the Meta Super-Contract

Nebius Group (NBIS) concluded the March 16, 2026, trading session at $129.85 USD on the NASDAQ, surging 14.96% in a historic breakout session. Since my last update on March 1st, the stock has transformed from a speculative "de-SPAC" recovery play into a central pillar of the global AI supply chain.
내러티브 업데이트 Mar 04

NBIS: Debt Funding And Contract Concentration Will Pressure Future Share Price

Analysts have raised their Nebius Group price targets, including one increase to $232 from $211, citing higher long term revenue assumptions and a lower future P/E multiple, while fair value in this model remains at $70. Analyst Commentary Recent research coverage on Nebius Group has centered on its positioning as a full stack AI infrastructure provider, its relationship with large cloud customers, and how these factors align with current valuation expectations.
내러티브 업데이트 Feb 17

NBIS: Microsoft Contract And 2.5GW Power Sourcing Will Support Future Capacity

Analysts have kept their Nebius Group price target steady at $211, but are now using slightly higher discount rates and a richer future P/E of about 34x. This reflects a mix of bullish views on the Microsoft contract, cautious revenue and margin assumptions, and a wide range of initial ratings from neutral to top pick calls.
내러티브 업데이트 Feb 03

NBIS: Long Term AI Power Contracts Will Support Future Capacity Utilization

Analysts kept their Nebius Group price target steady at US$211 while modestly adjusting assumptions around the discount rate, growth, margins, and future P/E to reflect recent initiation coverage, data center reliability metrics, and the long-term Microsoft contract backdrop. Analyst Commentary Bullish analysts have framed Nebius Group as a specialized power and data center provider tied closely to artificial intelligence and high performance compute, with coverage initiations and target adjustments centering on contracted demand, reliability metrics, and long-term visibility from major customer agreements.
내러티브 업데이트 Jan 20

NBIS: Long Term Power Contracts And Capacity Buildout Will Support AI Demand

Analysts kept their Nebius Group price target at US$211, citing updated assumptions for slightly lower discount rates, modestly higher revenue growth and profit margins, and a marginally lower future P/E that together support the existing valuation framework. Analyst Commentary Recent research on Nebius Group has leaned constructive, with several bullish analysts highlighting the company’s positioning in high performance compute and artificial intelligence infrastructure, as well as the support from large customer contracts.
내러티브 업데이트 Jan 06

NBIS: Power Capacity Expansion Will Support Future AI Infrastructure Demand

Analysts have raised their fair value estimate for Nebius Group from $130.00 to $211.00, citing new Outperform initiations, higher Street price targets, and growing confidence in the company’s role in supplying power and capacity for high performance compute and AI demand. Analyst Commentary Recent research coverage points to a constructive view on Nebius Group, with several bullish analysts highlighting the company’s position in supplying power and capacity for high performance compute and AI related workloads.
내러티브 업데이트 Dec 13

NBIS: AI Power Demand May Not Justify Elevated Share Price

Nebius Group's analyst price target has been modestly reduced to $170 from $175 as analysts factor in a slightly higher discount rate and a slimmer margin outlook, even as they highlight accelerating AI-driven revenue growth, expanding contracted power capacity, and continued Outperform ratings across the Street. Analyst Commentary Street research remains broadly constructive on Nebius Group, with multiple firms reiterating or initiating Outperform ratings and, in some cases, lifting price targets alongside rising power capacity expectations and AI related demand.
내러티브 업데이트 Nov 29

NBIS: Multi-Billion Dollar Microsoft Deal Will Accelerate Capacity Expansion

Nebius Group's analyst price target has been revised downward from $166 to approximately $159. Analysts cite improving revenue growth and profit margins, but also note a moderation in longer-term earnings multiples, which tempers immediate upside expectations.
내러티브 업데이트 Nov 15

NBIS: Strong Multi-Billion Dollar Contracts Will Drive Capacity Demand Higher

Nebius Group's fair value estimate rose from $156 million to $166 million after analysts raised their price targets. They cited strong demand for capacity, recent large-scale contracts, and improving profitability metrics.
내러티브 업데이트 Nov 01

NBIS: Winning The $17.4B Microsoft Deal Will Drive Market Outperformance

The analyst price target for Nebius Group has seen a substantial increase, with targets now ranging from $125 to $206 following the recent $17.4B Microsoft contract. Analysts cite enhanced revenue prospects and stronger valuation upside driven by the scale of the deal and favorable industry positioning.
내러티브 업데이트 Oct 17

Overvaluation Will Crumble Under Intensifying Regulatory And Cost Pressures

Nebius Group’s analyst fair value target was increased from $153 to $156.40 per share. Analysts cited substantial new multi-billion dollar contracts and a strengthened growth outlook following the company’s major deal with Microsoft.
내러티브 업데이트 Oct 03

Overvaluation Will Crumble Under Intensifying Regulatory And Cost Pressures

Nebius Group’s analyst price target has surged from $97.40 to $153.00 as analysts cite the transformative impact from major new contracts, rapid revenue growth expectations, and increased demand for data center capacity. Analyst Commentary Analyst response to Nebius Group’s recent developments has featured a blend of enthusiasm and caution, with substantial movements in their price targets and recommendations following the announcement of significant new contracts.
내러티브 업데이트 Sep 10

Overvaluation Will Crumble Under Intensifying Regulatory And Cost Pressures

The consensus analyst price target for Nebius Group has increased to $97.40, reflecting bullish sentiment on the back of a transformative $19.4B hyperscaler contract with Microsoft, stronger-than-expected quarterly results, and accelerated ARR guidance, supporting upward revisions in revenue and growth assumptions. Analyst Commentary Bullish analysts highlight the transformative impact of Nebius securing a $19.4B five-year hyperscaler contract with Microsoft, which supports a significant upward revision in future revenue and growth assumptions.
내러티브 업데이트 Aug 18

Overvaluation Will Crumble Under Intensifying Regulatory And Cost Pressures

Nebius Group’s consensus price target was raised to $89.40 as analysts cited strong Q2 revenue outperformance, increased management guidance, and a leading position in AI neo-cloud, driving robust growth expectations and improved risk/reward. Analyst Commentary Strong Q2 results with an "apples to apples" revenue beat of approximately $15M (~17%) driven by robust core business performance, even after excluding Toloka.
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새로운 내러티브 Aug 10

Overvaluation Will Crumble Under Intensifying Regulatory And Cost Pressures

Intensifying competition, open-source adoption, and regulatory hurdles threaten Nebius Group's profitability, margin stability, and expansion prospects in key markets.
Seeking Alpha Apr 29

H100 Renting Prices Will Drop, Fast - Reiterating Sell On Nebius

Summary Nebius Group N.V. stock is up +13% over the past five days, and we think investor confidence in misplaced as we see H100 rental price declining and pressuring ROI. We think Nebius is better positioned from the neocloud bunch but don't think it is immune to the price pressure and competition from hyperscalers. NBIS stock is also expensive at current levels with an EV/Sales of 6.04x versus a group average of 2.54x. We think Nebius stock has a higher risk profile into 2H25 and hence reiterate sell. Read the full article on Seeking Alpha
Seeking Alpha Apr 22

Nebius: A Small Player With Big Potential In The AI Boom, Initiate With Buy

Summary Nebius Group, an AI infrastructure company, leverages its vertical integration to develop a competitive advantage. The company is focused on deploying its Blackwell data center to attract customers in 2025. Despite lacking scale and brand recognition, Nebius' smaller size offers personalized service, making it a speculative buy on high growth potential. While financially solid with $2.49b cash and aiming for $825m midpoint revenue in 2025, Nebius faces significant operating losses and high depreciation expense. Investment risks include heavy revenue concentration and market volatility, but the AI infrastructure sector's long-term growth potential currently makes Nebius a compelling buying opportunity. Read the full article on Seeking Alpha
Seeking Alpha Apr 01

Nebius Group: I Think Risks Outweigh Rewards Right Now

Summary Nebius Group faces tough competition from hyperscalers like Amazon and Google, making it hard to justify its current valuation and growth prospects. Financially, NBIS struggles with limited cash reserves and unrealistic revenue growth targets, casting doubt on its ability to compete in high-end AI markets. Despite potential in Europe and autonomous driving, the risks and uncertainties overshadow the rewards, especially compared to more established players like AMZN and GOOG. If the Company achieves its ambitious revenue goals, it could warrant a higher valuation, but current data does not support this optimism. Read the full article on Seeking Alpha
Seeking Alpha Mar 25

Nebius Group: One Big Reason To Rethink The Buys (Rating Downgrade)

Summary ARR execution missed expectations, but management still promises explosive growth. I think we should be wary of baking in this optimism. Pricing pressures from mega hyperscalers may squeeze Nebius out of the market. Nebius Group's cash burn trends are deteriorating and at this run-rate, it has enough liquidity runway to last it almost 5 quarters. Valuations are pricey, at a premium to most hyperscalers, at a 116% premium to direct competitor CoreWeave. Relative technicals vs SPX500 show a balanced buyer and seller forces. High stock-based compensation (SBC) is a risk monitorable. It would be unfortunate if the company executes on its high-growth targets but retains high SBC levels. That would not be good for minority investors like us. Read the full article on Seeking Alpha
Seeking Alpha Mar 16

Nebius: Small Fish In A Big Pond

Summary Nebius Group stock is a "Strong Sell" due to its 25% overvaluation and challenging market conditions, despite its differentiated approach and strong balance sheet. The company's aggressive growth plans face significant competition from tech giants like Microsoft, Google, and Amazon, making U.S. market expansion difficult. Nebius' potential is limited to Europe, where it also faces competition and economic challenges, impacting its ability to achieve bold growth targets. Read the full article on Seeking Alpha
Seeking Alpha Mar 04

Nebius: Implications From CoreWeave's $35 Billion IPO

Summary Nebius peer CoreWeave filed this week for IPO in the US with a valuation of more than $35 billion. CoreWeave's IPO could be very bullish for Nebius - we describe the reasons. We provide Nebius' valuation based on CoreWeave's IPO valuation. We summarize the upcoming catalysts that should bring Nebius closer to its fair value. Read the full article on Seeking Alpha
Seeking Alpha Feb 25

Nebius Group: Q4 Not As Bad As It May Seem At First Glance

Summary Nebius Group's mixed 4Q24 results showed a weak revenue of $37.9M and a decline in ARR to $90M, missing guidance due to customer losses. Despite a weak Q4, Nebius forecasts a strong 1Q25 with ARR of at least $220M in March and plans to significantly expand GPU capacity. Nebius maintains its 2025 guidance of $750M-$1B in ARR and $500M-$700M in revenue, with an EBITDA breakeven during the year. Despite the weak 4Q24, I maintain my positive view on the stock due to the strong 1Q25 outlook for ARR. My new Nebius's fair price is 46 per share. Read the full article on Seeking Alpha
Seeking Alpha Feb 17

Nebius Group: Ready To Storm New Peaks

Summary Nebius Group N.V. is a European AI leader, backed by Nvidia. NBIS's AI-centric cloud platform offers a cost-efficient, vertically integrated stack, providing a significant strategic advantage in the AI IaaS market. Led by Arkady Volozh, a renowned IT visionary and one of Europe's most impactful CEOs, Nebius Group leverages deep experience in building comprehensive ecosystems. Despite market uncertainties and competition, NBIS's partnership with Nvidia and robust fundamentals suggest a 45% upside potential, making it a compelling investment. Read the full article on Seeking Alpha
Seeking Alpha Feb 10

Nebius Group: The Hidden Gem Of AI Infrastructure

Summary Nebius Group's stock has surged over 100% in the past year, driven by its unique AI-native cloud platform and cost-effective solutions for SMBs and AI startups. The company's diversified ecosystem, including subsidiaries like Toloka AI and Avride, enhances its value proposition and creates cross-selling opportunities across multiple AI-driven industries. Strategic geographic expansion and a strong partnership with NVIDIA bolster Nebius's competitive edge, ensuring access to cutting-edge hardware and meeting growing computational demands. Potential risks include project management challenges, dependence on NVIDIA for GPUs, and intense competition from hyperscalers like AWS, Microsoft Azure, and Google Cloud. Read the full article on Seeking Alpha
Seeking Alpha Jan 30

What DeepSeek Means For Nebius And Other AI Data Center Providers

Summary Nebius is poised to capitalize on the AI megatrend, leveraging unique engineering strengths and Nvidia's backing, making it an attractive investment. The recent 37% sell-off likely increased institutional holdings, potentially stabilizing Nebius's share price and reducing volatility. DeepSeek's efficiencies will drive AI costs lower, increasing demand for computing power and benefiting Nebius's data center growth. Numerous catalysts, including GPU capacity expansion and new data centers, will drive Nebius's share price higher in 2025. Read the full article on Seeking Alpha
Seeking Alpha Jan 24

Nebius Group: My Updates On Avride Valuation

Summary In my previous column about Nebius Group, I arrived at a valuation of Nebius Group of $8.8 billion, or $37.5 per share. In this column, I conducted a detailed analysis of the robotaxi market in the U.S., as well as Avride's prospects within it, to determine the fair value of Avride. Based on my analysis, Avride could claim the 2nd or 3rd position in the U.S. robotaxi market. Potential investors interested in acquiring a stake in Avride could be Uber, Hyundai, Lyft, German automakers, and venture capital funds. I arrived at a new valuation for Avride of $3.4 billion, which implies a new fair valuation for Nebius Group of $11.2 billion, or $47.7 per share. Read the full article on Seeking Alpha
Seeking Alpha Jan 16

Nebius: Strong R&D And Technology Legacy Applied To New Growth Markets

Summary Nebius Group is a former Russian mega tech company (Yandex) starting over after severing all ties to Russia. Nebius' management and R&D teams have a strong right-to-win in the data center infrastructure markets they are targeting. Nebius' core business is expected to expand rapidly in FY25, driven by growth in customer accounts and data center capacity expansions. 1-yr fwd EV/Revenue valuations are attractive vs peers, especially pure-play competitors. Relative technicals vs SPX500 are also bullish. Much of the leadership team including the CEO comes from the former Russian company. But I don't have many doubts about their alignment toward minority shareholders. Read the full article on Seeking Alpha
Seeking Alpha Dec 13

Nebius: Keeping Bullish View After The Recent Growth

Summary Nebius Group's stock price has surged past my conservative valuation, driven by a new capital raise and a U.S. data center launch, signaling strong growth prospects. Given the successfully completed funding round and numerous available options, I believe the company will easily secure the funds for further capital expenditures. My revenue forecasts for 2025 and 2026 are $758 million and $1.518 billion, respectively, with EBITDA expected to reach $636 million by 2026. After updating the investment case, my new fair value for Nebius Group shares is $37.5 per share. I maintain my bullish outlook on Nebius Group's shares. Read the full article on Seeking Alpha
Seeking Alpha Dec 07

Nebius Group: Diamond In The AI Mania's Dust?

Summary Nebius is astonishingly cheap for a pureplay AI company, even after doubling in a month. Nebius is a AI infrastructure company, offering compute for AI and machine learning workloads. The company has proven its ability as a cloud business in its previous life as Yandex, Russia's Google. The biggest risk to the investment is that its future growth will require outside capital, diluting existing shareholders in the process. Read the full article on Seeking Alpha
Seeking Alpha Nov 13

Nebius Group: Well-Positioned To Be An AI Megatrend Winner

Summary A great deal of money is made in Global Megatrends. Several of the Magnificent Seven were winners of the Internet Megatrend, the biggest value creation in history. AI is most likely the next Megatrend and Nebius is our top candidate to play the theme. Nebius's strong founder has already built a business worth $30 billion. He bested Google in that venture. Business leaders who won once are more likely to win again. Google investors multiplied their money 20 times over 20 years. Nebius could be in a similar situation. Read the full article on Seeking Alpha
Seeking Alpha Nov 05

Nebius Group: More Growth Ahead

Summary Nebius Group's stock showed solid growth in the first days of trading, reaching my target fair value of $23. The company's data center in Finland and co-location data center in Paris represent a great opportunity for Nebius's revenue growth. Capital expenditures for data center expansion are substantial, but the company has sufficient liquidity reserves to meet these needs without an immediate need to raise new capital. My new fair valuation for Nebius Group is $5.43 billion, or $26.9 per share, reflecting positive revenue updates. Read the full article on Seeking Alpha

매출 및 비용 세부 내역

Nebius Group가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.


순이익 및 매출 추이

NasdaqGS:NBIS 매출, 비용 및 순이익 (USD Millions)
날짜매출순이익일반관리비연구개발비
31 Mar 26878735463208
31 Dec 2553010380177
30 Sep 25363114326171
30 Jun 25249190285158
31 Mar 25130-325262124
31 Dec 2492-352256115
30 Sep 24-5,834-852-1,563-583
30 Jun 24-3,964-742-986-372
31 Mar 248,6571292,8461,114
31 Dec 2310-29916087
30 Sep 237,3303192,339939
30 Jun 237,1967452,275922
31 Mar 237,4567492,340971
31 Dec 2214-1805758
30 Sep 227,7625002,6201,114
30 Jun 227,808-3022,7261,142
31 Mar 224,782-3211,724696
31 Dec 214,759-1961,642648
30 Sep 214,360-1361,438611
30 Jun 213,8902111,196570
31 Mar 213,233211957521
31 Dec 202,946333849490
30 Sep 202,554326747443
30 Jun 202,601112769455
31 Mar 202,356199679381
31 Dec 192,826204810471
30 Sep 192,507293676416
30 Jun 192,374303638397
31 Mar 192,108709581365
31 Dec 181,832660513324
30 Sep 181,781688515335
30 Jun 181,712650523333
31 Mar 181,751181528351
31 Dec 171,629159465327
30 Sep 171,534113443310
30 Jun 171,427136372291
31 Mar 171,424117348293
31 Dec 161,234111291257
30 Sep 161,145134248241
30 Jun 161,065161215226
31 Mar 16953128187208
31 Dec 15832135161187
30 Sep 15859219149190
30 Jun 15972261162205

양질의 수익: NBIS의 비현금 수익 수준이 높습니다.

이익 마진 증가: NBIS는 과거에 흑자전환했습니다.


잉여현금흐름 대비 순이익 분석


과거 순이익 성장 분석

수익추이: NBIS의 수익은 지난 5년 동안 연평균 2.2% 감소했습니다.

성장 가속화: NBIS는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.

수익 대 산업: NBIS는 지난해 흑자전환하여 지난 해 수익 성장률을 Software 업계(11.8%)와 비교하기 어렵습니다.


자기자본이익률

높은 ROE: NBIS의 자본 수익률(10.2%)은 낮음으로 평가됩니다.


총자산이익률


투하자본수익률


우수한 과거 실적 기업을 찾아보세요

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/30 16:34
종가2026/05/29 00:00
수익2026/03/31
연간 수익2025/12/31

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분석가 소스

Nebius Group N.V.는 32명의 분석가가 다루고 있습니다. 이 중 17명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Andrew Charles BealeArete Research Services LLP
Boris VilidnitskyBarclays
Tal LianiBofA Global Research