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Added to YB: 2026-08-17

Pitch date: 2026-08-13

NBIS [neutral]

Nebius Group N.V.

+7.59%

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 United States, the United Kingdom, and internationally.

Market Cap

$76.1B

Pitch Price

$258.09

Price Target

N/A

Dividend

N/A

EV/EBITDA

175.03

P/E

1.7K

EV/Sales

57.74

Sector

Software

Category

growth

Show full summary:
Nebius Group (NBIS): Q2 2026 Earnings Review

NBIS (earnings): Q2'26 rev $582.3M (+454% YoY) beat; Adj EBITDA $236.2M (37% beat), core AI cloud margin ~50% (up from 24% in Q4). ARR $3B (+598% YoY), YE targets $7-9B. GAAP loss $190.4M. Q2 deals >$20M/MW (auctions >$40M), <2yr payback. Contracted power raised to 5GW. 2027 guide next catalyst. Author's largest position, most bullish yet.

Read full article (16 min)