Scoopfeeds — Intelligent news, curated.
Compass Point Raises Price Target on Nebius Group (NBIS) Following Strong AI Cloud Growth
business

Compass Point Raises Price Target on Nebius Group (NBIS) Following Strong AI Cloud Growth

Yahoo Finance · Jun 2, 2026, 9:37 AM · Also reported by 3 other sources

Key takeaways

  • Nebius Group NV (NASDAQ:NBIS) stated that group revenue climbed 75% quarter-over-quarter to $399 million from $227.7 million in the fourth quarter of 2025.
  • Moreover, annual recurring revenue rose to $1.92 billion, while group adjusted EBITDA increased to $129.5 million, with the AI Cloud adjusted EBITDA margin increasing to 45% from 24%.
  • Nebius Group NV (NASDAQ:NBIS) also adjusted its goal from over 3 gigawatts to more than 4 gigawatts of designated power by the close of 2026.

Compass Point Raises Price Target on Nebius Group (NBIS) Following Strong AI Cloud Growth Sheryar Siddiq Tue, June 2, 2026 at 4:37 PM GMT+7 2 min read NBIS Nebius Group NV (NASDAQ:NBIS) ranks among the best short squeeze stocks to invest in. Following the company’s first-quarter results, Compass Point boosted its price target for Nebius Group NV (NASDAQ:NBIS) to $260 from $150 on May 14, maintaining a Buy rating on the company’s shares.

Nebius Group NV (NASDAQ:NBIS) stated that group revenue climbed 75% quarter-over-quarter to $399 million from $227.7 million in the fourth quarter of 2025. At the same time, AI Cloud revenue increased 82% quarter-over-quarter, to $389.7 million from $214.2 million, accounting for 98% of total first-quarter revenue.

Moreover, annual recurring revenue rose to $1.92 billion, while group adjusted EBITDA increased to $129.5 million, with the AI Cloud adjusted EBITDA margin increasing to 45% from 24%.

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories

Also covered by

Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop