Nebius Group's Next Earnings Report on Aug. 12 Could Send the Stock Soaring. Here's Why.
Motley Fool·
- Nebius Group is scheduled to release its second quarter financial results on Aug. 12, with strong expectations following a 173 % surge over the past year despite a recent 35 % pullback from its peak.
- The company demonstrated explosive growth in the first quarter with revenue reaching $399 million and secured a major 5 year, $27 billion deal with Meta Platforms alongside a $2 billion investment from Nvidia.
- Nebius expects full year revenue for 2026 to range between $3 billion and $3.4 billion, driven by surging artificial intelligence cloud demand and expanded infrastructure partnerships.