Added to YB: 2026-10-09
Pitch date: 2026-10-06
NBIS [bullish]
Nebius Group N.V.
-22.25%
current return
Author Info
I’m Ren. I invest in the AI buildout, and unlike most people writing about it, I’m not analyzing from the outside. I work in it. I’m a Head of AI at a major enterprise, deploying a multi-million-dollar budget across compute, infrastructure, and tooling. 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
$57.6B
Pitch Price
$242.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
133.63
P/E
1.3K
EV/Sales
44.08
Sector
Software
Category
growth
The AI Stack by 2030: Who Wins? - Nebius Group N.V.
NBIS: Nebius is the neocloud positioned to reach “escape velocity”: it guides to $7-9B of exit-2026 ARR and has 5 GW of contracted power, which at current economics arithmetically supports $40-45B of ARR, about 2% of a projected $2.1T cloud market in 2030. Customers prepay 50-60% of related capex on Q2 contracts, but only ~20% of the estimated $250B build is secured, making further dilution the central risk.
Read full article (7 min)