Key Highlights
- Nebius (NBIS) achieved a record peak of $141.14 this week, climbing 21.1% from last Friday’s closing price through Thursday’s session.
- Shares have surged 25% over the past seven days and an impressive 549% year-over-year.
- Thursday brought news that Nebius is negotiating a potential acquisition of AI21 Labs, an Israeli artificial intelligence startup.
- Cantor Fitzgerald launched coverage on the stock with an overweight recommendation and $129 price objective.
- Bank of America maintains a $150 buy rating; BWS Financial projects a $200 target after the company secured a major $12 billion contract with Meta.
Nebius Group delivered an exceptional performance this week. The AI infrastructure provider’s shares reached an unprecedented high of $141.14 on Thursday before extending gains Friday, briefly touching $149.80 during intraday trading.
Between last Friday’s market close and Thursday’s session, shares advanced 21.1%, based on data from S&P Global Market Intelligence. This surge follows a 7.9% increase recorded during the prior week.
On a twelve-month basis, NBIS has skyrocketed approximately 549%. The AI infrastructure company currently commands a market capitalization hovering around $34.49 billion.
Two primary developments fueled this week’s explosive growth. First, The Information published a report Thursday revealing that Nebius is engaged in acquisition discussions with AI21 Labs, an Israeli enterprise focused on developing AI solutions for corporate customers.
Nebius rarely pursues acquisitions, making this potential transaction particularly noteworthy for investors. However, no agreement has been finalized, and negotiations could ultimately collapse.
The second catalyst came from new Wall Street attention. According to Thefly.com, Cantor Fitzgerald launched coverage on NBIS with an overweight designation and established a $129 price objective.
Wall Street Price Targets Climb Higher
Bank of America Securities has also assigned a buy recommendation with a $150 valuation target. BWS Financial takes an even more optimistic stance, establishing a $200 objective following Nebius’s successful negotiation of a $12 billion agreement with Meta Platforms, which includes the possibility of an additional $15 billion extension. Implementation of this partnership is scheduled to commence in early 2027.
InvestingPro identifies the stock as potentially trading above its Fair Value calculation, categorizing it among the platform’s most richly valued equities.
Valuation metrics appear significantly elevated across most measures. NBIS currently commands a multiple of 896 times operating cash flow.
Business Development and Infrastructure Expansion
Beyond market performance, Nebius has been making substantial moves in capital raising and infrastructure development. The organization successfully priced a $4 billion convertible senior notes offering in early 2026, expanded from the originally planned $3.75 billion. These instruments will mature in 2031 and 2033.
Nebius has also unveiled plans for constructing a 310 MW AI factory in Lappeenranta, Finland. The installation is projected to become operational by 2027 and would establish itself among Europe’s largest AI manufacturing facilities.
The organization has established an objective of securing more than 3 GW of contracted power capacity by the conclusion of 2026.
During Friday’s session, NBIS traded near $146.40, fluctuating within a daily range of $134.88 to $149.80. Trading volume reached approximately 666,000 shares, substantially below the typical average of 15 million.
