- Nebius gapped up to open at $230.02 versus a prior close of $209.37 after notifying customers that on-demand rental rates for several AI GPU offerings rise effective October 1, a move the article reads as pricing power and revenue/margin leverage.
- Nebius became Palantir's preferred sovereign AI infrastructure provider, which broadens distribution of its AI cloud and inference services to enterprise customers beyond its traditional developer base.
- Seeking Alpha's JR Research upgraded NBIS back to Buy, calling the Palantir entry point transformative and pointing to street estimates of a $40 billion revenue opportunity by 2029 tied to Nebius's targeted 5 GW of data center compute capacity.
- Analysts hold a Moderate Buy consensus with a $242.79 price target; Baird raised its target to $340, Northland to $410, and Bank of America to $280, while bears flag continuing losses, heavy capital requirements, a negative P/E, and a beta of 4.23.
- Chief Revenue Officer Marc Boroditsky sold 7,000 shares worth roughly $1.46 million, cutting his direct holdings by 58.33% under a pre-arranged Rule 10b5-1 plan.
Quotes
“Nebius notified customers that on-demand rental rates for several AI GPU offerings will rise effective October 1.”
“It's time for me to upgrade Nebius back to a Buy.”
“The Palantir collaboration positions Nebius as its preferred enterprise sovereign AI infrastructure provider, enhancing credibility and distribution beyond its traditional developer base.”