Key Stats for Nebius Stock
- 2025 Price Change for Nebius stock: 200%
- $NBIS Share Price as of Dec. 31: $83.71
- 52-Week High: $141
- $NBIS Stock Price Target: $151.50
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What Happened?
Nebius (NBIS) stock has delivered extraordinary returns in 2025, soaring over 200% as the AI infrastructure provider rapidly scaled its business and secured massive deals with tech giants.
The company, which was spun out from Russian search engine Yandex following geopolitical tensions, has successfully repositioned itself as a key player in the booming AI data center market.
The rally gained momentum after Nebius announced two blockbuster contracts. In September, the company secured a deal with Microsoft valued between $17.4 billion and $19.4 billion to provide dedicated AI infrastructure from its new data center in Vineland, New Jersey.
Then in November, Nebius announced a second major agreement with Meta Platforms worth $3 billion over five years to support Meta’s AI initiatives, including its Llama language model and AI-powered advertising products.
Beyond the headline deals, Nebius stock surged because the company is executing on an aggressive growth plan. Third-quarter revenue jumped 355% year-over-year to $146 million, and the company sold out all available computing capacity for the quarter.
Management has repeatedly raised guidance, now targeting 2.5 gigawatts of connected power by the end of 2026, up from an initial target of 1 gigawatt.
CEO Arkady Volozh told investors that 2025 was “a building year” focused on laying the foundation for rapid expansion. The company believes it can achieve annualized run rate revenue of $7 billion to $9 billion by the end of 2026, representing a roughly 7-fold increase from current levels.
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What the Market Is Telling Us About Nebius Stock
The dramatic rise in Nebius stock reflects investor enthusiasm for the AI infrastructure build-out happening across the tech industry.
With AI model training and inference requiring massive computing power, cloud providers like Nebius are in high demand from companies racing to deploy AI capabilities.
What sets Nebius apart is its team of approximately 1,000 engineers brought over from Yandex, many of whom worked together for over a decade building large-scale infrastructure.
This existing expertise has allowed Nebius to scale faster than typical startups in the space. The company builds its own custom racks and servers, which CFO Neil Doshi says provide a 20% lower total cost of operations than peers.
However, investors should note that Nebius stock remains highly volatile and unprofitable. The company posted a net loss of $120 million in Q3, wider than the $44 million loss a year earlier, as it invests heavily in expansion. Capital expenditures hit $955 million in the quarter alone as Nebius builds out data centers and purchases GPUs.
Management is focused on both growth and profitability, targeting EBIT margins of 20% to 30% in the medium term. The core business turned EBITDA profitable in Q2 and posted 19% EBITDA margins in Q3, suggesting the path to profitability is becoming clearer as the company scales.
Demand for AI compute continues to accelerate. CEO Marc Boroditsky noted that Nebius generated $4 billion in pipeline during Q3 alone, growing 70% quarter-over-quarter. The company is seeing demand from AI startups, scaling AI-native companies building their own models, traditional software vendors pivoting to AI-first products, and enterprises deploying focused AI use cases.
With the AI infrastructure market expected to grow from $279 billion in 2024 to $3.5 trillion by 2033, Nebius is positioning itself to capture a significant share.
While the stock has pulled back 40% from October highs amid broader market concerns about AI overinvestment, the company’s sold-out capacity and massive pipeline suggest demand remains robust.
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Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
