Nebius Group N.V. (NBIS · NASDAQ)
NBIS · MARKET VIEW
Market view · as of Sep 26, 2026
Price (last ~year)
Nebius Group's revenue surged 454% year over year to $1.36B TTM, with quarterly revenue climbing from $146.1M to $582.3M over four quarters, though the company remains unprofitable on an operating basis with a $175.9M operating loss and $190.4M net loss in the June quarter. Aggressive expansion is driving heavy cash consumption: capex of $5.66B against $2.25B operating cash flow produced negative free cash flow of $3.41B, funded by a $10.06B debt load and $8.04B cash, with debt/EBITDA at 39.0x. The stock trades at $237.33, up 44.6% above its 200-day moving average but 17.2% below its 52-week high, at a steep 48.85x price-to-sales despite a 74.3% gross margin. Earnings beat estimates in three of the last four quarters, most recently reporting -$0.12 versus -$0.67 expected.
Valuation
- Market cap
- $61.82B
- PEG
- 0.511
- P/B
- 5.96
- P/S
- 48.85
- EV/EBITDA
- 55.14
- Beta
- 1.436
- Analyst target
- $283.58
Quality & returns
- Gross margin
- 74.3%
- Operating margin
- -0.2%
- Profit margin
- 3.1%
- ROE
- 0.6%
- ROA
- -1.9%
Price movement
- Last
- $237.33
- 1-month
- +8.6%
- 3-month
- +3.6%
- RSI (14)
- 55
- vs SMA200
- +44.6%
- 52-wk position
- 76.8% -17.2% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $582.3M | $-175.9M | $-190.4M | $83.8M |
| 2026-03-31 | $399.0M | $-128.0M | $621.2M | $920.9M |
| 2025-12-31 | $227.7M | $-234.5M | $-249.6M | $-53.8M |
| 2025-09-30 | $146.1M | $-130.2M | $-119.6M | $-20.9M |
Recent news
- Somewhat-Bearish Nebius Group (NBIS) revenue chief sells 7,000 shares under plan · 2026-09-17
- Somewhat-Bearish Nebius Group CRO Marc Boroditsky Executes Stock Options and Sells Shares Under Rule 10b5-1 Plan · 2026-09-17
- Neutral Nebius Group N.V. (NBIS) grants 1,352 RSUs to director · 2026-09-04
- Neutral Nebius (NBIS) CFO’s stock sale was automatic, not discretionary · 2026-09-03
- Neutral Kira Radinsky adds Nebius (NBIS) RSUs vesting in 2027 · 2026-09-03
- Neutral Nebius Group (NASDAQ:NBIS) Stock Price Down 1.4% - Time to Sell? · 2026-08-31
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)