Key Highlights
- Nebius (NBIS) reached a record peak of $141.14 this week, climbing 21.1% from last Friday’s closing price through Thursday’s session.
- The shares have surged 25% over a seven-day period and an impressive 549% across the past twelve months.
- Thursday brought news that Nebius is reportedly negotiating to purchase AI21 Labs, an Israeli artificial intelligence startup.
- Cantor Fitzgerald launched coverage on the stock with an overweight recommendation and set a $129 price objective.
- Bank of America maintains a $150 buy rating; BWS Financial projects a $200 target after the company landed a $12 billion Meta partnership.
Nebius Group experienced an exceptional trading week. The artificial intelligence infrastructure provider saw its shares reach an unprecedented $141.14 on Thursday, with Friday’s intraday action pushing even higher to $149.80.
Between last Friday’s market close and Thursday’s end of trading, shares advanced 21.1%, per S&P Global Market Intelligence tracking. This performance followed a 7.9% increase during the prior week.
Looking at the full-year picture, NBIS has skyrocketed approximately 549%. The company’s current market valuation stands at roughly $34.49 billion.
Two primary developments propelled the week’s price action. First, The Information published a Thursday report indicating that Nebius is engaged in acquisition discussions with AI21 Labs, an Israeli enterprise AI solutions developer.
Nebius rarely pursues acquisitions, making this development particularly noteworthy for market participants. Neither party has confirmed an agreement, and negotiations remain ongoing without guarantee of completion.
The second driver came from Wall Street. Cantor Fitzgerald launched coverage on NBIS, assigning an overweight rating alongside a $129 price objective, as reported by Thefly.com.
Wall Street Price Targets Diverge
BofA Securities maintains a buy recommendation on the shares with a $150 valuation target. BWS Financial takes the most bullish stance, establishing a $200 objective following Nebius’s announcement of a $12 billion agreement with Meta Platforms, which includes provisions for an additional $15 billion expansion. Implementation of this partnership is scheduled to commence in early 2027.
InvestingPro identifies the stock as potentially trading above its Fair Value calculation, categorizing it among the platform’s most aggressively valued equities.
Valuation multiples appear extended across various measures. NBIS currently commands a multiple of 896 times its operating cash flow.
Operational Developments and Expansion Plans
Beyond equity market performance, Nebius has been executing significant capital and infrastructure initiatives. The firm completed pricing on a $4 billion convertible senior notes issuance targeting early 2026, expanded from the originally planned $3.75 billion. These debt instruments will mature in 2031 and 2033.
Nebius has also unveiled plans for constructing a 310 MW artificial intelligence facility in Lappeenranta, Finland. Operations at this site are projected to begin by 2027, positioning it as one of Europe’s premier AI infrastructure installations.
The organization has established an objective of securing more than 3 GW of contracted power capacity before the conclusion of 2026.
As of Friday’s trading, NBIS changed hands near $146.40, oscillating within a daily range spanning $134.88 to $149.80. Session volume registered approximately 666,000 shares, significantly below the typical average of 15 million.
