Nebius Group (NBIS) Up More Than 40% Over the Past Month, Here’s Why
Key takeaways
- Nebius Group (NBIS) Up More Than 40% Over the Past Month, Here’s Why Talha Qureshi Mon, June 8, 2026 at 11:13 PM GMT+7 2 min read NBIS BNP.PA Nebius Group N.V.
- (NASDAQ:NBIS) posted $399 million in revenue, reflecting 684% year-over-year growth and topping the expectations of $388.57 million.
- Recently, on June 2, BNP Paribas initiated coverage of the stock with a Hold rating and a $255 price target.
Nebius Group (NBIS) Up More Than 40% Over the Past Month, Here’s Why Talha Qureshi Mon, June 8, 2026 at 11:13 PM GMT+7 2 min read NBIS BNP.PA Nebius Group N.V. (NASDAQ:NBIS) has surged more than 40% over the past month. However, the stock’s short float remains elevated at more than 20%, making it one of the AI Bubble Stocks to Short Now According to Reddit. Much of the gains, almost 20%, came after the company posted strong results in fiscal Q1 2026 earnings, released on May 13.
During the quarter, Nebius Group N.V. (NASDAQ:NBIS) posted $399 million in revenue, reflecting 684% year-over-year growth and topping the expectations of $388.57 million. The EPS of negative $0.39 also came in ahead of the expectations of negative $0.78. The company’s AI segment drove 98% of the total revenue and grew more than 840% year-over-year to reach $390 million.
Recently, on June 2, BNP Paribas initiated coverage of the stock with a Hold rating and a $255 price target. Earlier on May 14, Compass Point had raised the firm’s price target from $150 to $260 and maintained a Buy rating on the shares.