Key Highlights
- Bank of America has assigned Nebius (NBIS) a Buy rating with a $150 price target, suggesting approximately 30% potential upside
- BofA maintained its Buy recommendation for CoreWeave (CRWV) with a $100 target (around 22% upside potential)
- Nebius unveiled AI Cloud 3.5, introducing serverless AI computing capabilities to its comprehensive cloud infrastructure
- The platform now supports Nvidia’s RTX PRO 6000 Blackwell Server Edition GPUs
- Company aims for 1GW of immediate capacity with ambitious plans exceeding 3GW in its development pipeline
Nebius Group (NBIS) shares are drawing attention Thursday following Bank of America’s decision to begin coverage with a Buy recommendation and set a $150 price target. This valuation suggests approximately 30% upside potential from present trading levels.
The analyst endorsement coincided with Nebius rolling out AI Cloud 3.5, representing the newest iteration of its comprehensive cloud infrastructure solution.
This release brings serverless AI computing to the platform, enabling developers to deploy workloads nearly instantaneously without manual infrastructure configuration requirements. According to Nebius, the system automatically manages infrastructure provisioning and runtime operations, allowing development teams to concentrate on application development rather than environment administration.
🚨 $NBIS released an update to its AI cloud platform.
Nebius AI Cloud 3.5 introduces serverless AI, allowing developers to build, run, and scale AI workloads without managing infrastructure.
In practice:
• Workloads can be launched almost instantly
• Infrastructure… pic.twitter.com/BGd7rpptaA— M. V. Cunha (@mvcinvesting) March 26, 2026
The serverless capability is now accessible through public preview.
Additionally, AI Cloud 3.5 incorporates Nvidia’s RTX PRO 6000 Blackwell Server Edition into its GPU portfolio. This processor is engineered for AI inference operations, industrial robotics applications, physical AI simulations, visual computing tasks, and pharmaceutical discovery workflows.
The update also introduces a new Data Transfer Service that streamlines data migration and replication processes between external storage infrastructure and Nebius cloud regions, reducing data management complexity for organizations operating across diverse environments.
BofA’s Perspective on Nebius
Bank of America characterizes Nebius as a platform-focused competitor within a supply-limited AI infrastructure marketplace. The financial institution positions the company at an earlier developmental phase compared to CoreWeave, noting it trades at a valuation discount while continuing expansion efforts.
Nebius is pursuing triple-digit revenue expansion from its current foundation. The organization has established a near-term capacity objective of 1GW, with intentions to expand its development pipeline beyond 3GW.
Bank of America analysts noted that this aggressive scaling strategy will demand substantial capital expenditures, with financing expenses expected to be significant. They also highlighted pricing pressures and intensifying competition within the AI cloud sector as potential headwinds.
Nevertheless, BofA positions Nebius as a prime beneficiary of the accelerating AI infrastructure expansion — assuming consistent execution on strategic objectives.
CoreWeave Receives Continued Support
Bank of America’s research also reaffirmed its Buy stance on CoreWeave (CRWV) with a $100 price objective. The firm projects CoreWeave will achieve 144% revenue growth in 2026 and 86% expansion in 2027 as it pursues additional infrastructure capacity.
CoreWeave is characterized as the more established operator between the two companies, having successfully transformed its backlog into actual revenue streams. BofA applies a valuation methodology similar to established growth enterprises for CoreWeave, while Nebius continues trading at a comparative discount.
Nebius’s AI Cloud 3.5 serverless functionality became available through public preview beginning today.
