Nebius Group N.V. (NBIS)
NASDAQCommunication ServicesSoftware - ApplicationSnapshot 2026-11-04
NASDAQCommunication ServicesSoftware - ApplicationSnapshot 2026-11-04
Research Workspace
Put NBIS beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Communication Services is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisThis stock is highly volatile — it swings about 4% on a typical day and fell roughly 51% in its worst 12-month stretch.
View RiskNebius's AI data center build-out has to keep compounding to justify the price. Analysts project revenue rising from $3.34 billion to $12.24 billion next year. The stock trades at less than four times that estimated revenue. The price is roughly in line with the growth we forecast. However, the desk lacks a clean peer multiple for comparison. The main risk is funding $20 billion in capital spending with debt. This heavy debt load creates dilution and balance sheet strain. Peer multiples imply a price about 51% above where it trades. Our read remains intact, but this read is provisional.
Trailing returns as of 2026-11-04. NBIS is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 22 analysts currently covering NBIS (as of Nov 2026).
Based on 8 Wall Street analysts offering 12-month price targets for NBIS in the last 4 months.
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Compare NBIS with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| NBIS Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 1 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Interactive Media & Services — fair value, gap to price, and forward P/E.
Compare the value case
Put NBIS next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Large borrowing raises leverage and financing risk as investors question the neocloud debt model.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $141.52
The last 12 months of price, then the range of analyst 12-month targets from today’s $141.52.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.

Large financing facility strengthens capacity to fund growth, though adds financing obligations.

Live spot pricing adds a customer-facing compute option, but alone does not establish demand or economics.

Rating downgrade indicates potential valuation concerns.

Analyst buy rating supports positive outlook on AI growth.

50 MW deal enhances AI cloud capabilities.

Securing a major deal boosts market position.

Price increase reflects confidence in demand.
