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Added to YB: 2026-02-16

Pitch date: 2026-02-13

NBIS [neutral]

Nebius Group N.V.

+12.09%

current return

Author Info

MVC Investing is a long-term investor. BSc in Economics, MSc in Finance. Equity Analyst with a focus on Fundamental Analysis and Valuation. Sign up for the newsletter.

Company Info

Nebius Group N.V., a technology company, engages in building full-stack infrastructure to service the global AI industry in the Netherlands, Europe, North America, and Israel.

Market Cap

$24.7B

Pitch Price

$96.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

-119.56

P/E

850.84

EV/Sales

48.86

Sector

Software

Category

growth

Show full summary:
Nebius Group (NBIS): Q4 2025 Earnings Review

NBIS (earnings): Q4 rev $227.7M (+547% YoY), 70% gross margin. YE ARR $1.25B vs $900M-$1.1B guide. 2026: $7-9B ARR, $3-3.4B rev, 800MW-1GW connected power (raised contracted to >3GW from >2.5GW), 40% EBITDA margin. Key: 60%+ of $16-20B 2026 CapEx funded by MSFT/META prepayments (non-dilutive).

Read full article (12 min)