Nebius Return Rate
MicrosoftJul 30 at 08:49 AM
$Nebius(NBIS.US) Nebius is back in the spotlight after Freedom Capital upgraded the stock to a “Buy” rating from a “Hold” and raised its price target to $200 from $150. Analyst Paul Meeks highlighted the steep growth expectations facing NBIS stock. The company generated $399 million in revenue in the first quarter, while Wall Street expects revenue to climb to $586 million in Q2, $916 million in Q3, and $1.52 billion in Q4, marking sequential increases of 47%, 57%, and 66%, respectively. Nebius builds AI cloud infrastructure, giving businesses access to high-performance GPUs used to train and run AI models. As more companies adopt AI, demand for this computing power continues to grow. Nebius isn't trying to build the next ChatGPT or create its own AI chatbot. Instead, it provides the infrastructure that makes those products possible. With money rotating from software back into hardware today, it is mo surprise to see how volatile share prices are. @Captain's Treasure
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