- Nebius Group shares jumped about 8-9.5% on Sept. 24 after BNP Paribas Exane analyst Stefan Slowinski upgraded the stock to Outperform from Neutral and lifted the price target to $399 from $260, a 53% increase in the target.
- Nebius will raise prices for selected Nvidia GPU instances by roughly 17% to 21% and AMD EPYC Genoa CPU services by about 25% beginning Oct. 1, the second increase in recent months, with revenue realized from Q4.
- Nebius Q2 revenue rose 454% year over year to $582.3 million from $105.1 million, and adjusted EBITDA swung to $236.2 million from a $21 million loss, though the company posted a net loss of $190.4 million.
- Hedge fund ownership in Nebius more than tripled to $8.28 billion across 86 funds in Q2 from $2.36 billion across 60 funds in Q1, signaling rising institutional conviction.
- Analyst targets on Nebius remain wide, spanning $84 to $410, even as the shares have nearly tripled in 2026.
Quotes
“Starting Oct. 1, prices for selected Nvidia GPU instances are set to increase by roughly 17% to 21%.”
“One analyst thinks Nebius Group stock will soar to $399 per share.”
“Beginning October 1, Nebius Group said that it will raise its Nvidia GPU rates by roughly 17 to 21 percent, while rates for AMD EPYC Genoa CPU services are projected to rise by 25 percent, amid continued demand for computing capacity and limited computing resources.”