Added to YB: 2026-10-06
Pitch date: 2026-09-29
NBIS [neutral]
Nebius Group N.V.
-22.67%
current return
Author Info
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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
$57.6B
Pitch Price
$243.66
Price Target
223.80 (+19%)
Dividend
N/A
EV/EBITDA
133.63
P/E
1.3K
EV/Sales
44.08
Sector
Software
Category
value
Nebius Deep Dive #1: A Strong Story Already in the Price
NBIS (exited position): Nebius is executing well and the long-term outlook remains positive, but at $238 the shares exceed estimated fair value of $223.8 by 6%; the remaining position, just 2.5% of its peak size, was sold. The model requires $174.7B of capex through 2029 and about $99B of new financing in 2027-2029; a 20% drop in peer multiples would cut fair value to roughly $132.
Read full article (23 min)