Reported 1 day ago
BWS Financial has raised its price target for Nebius Group (NASDAQ:NBIS) to $130 from $90, maintaining a Buy rating, following the company's announcement of a $19.4 billion hyperscaler contract with Microsoft. This contract is expected to boost Nebius's GPU installations and financial performance, evidenced by a significant revenue increase of 625% year-over-year in Q2 2025. While the core AI infrastructure business is projected to be EBITDA positive, the overall group is anticipated to remain EBITDA negative for the year. The company has adjusted its annualized revenue guidance to between $900 million and $1.1 billion for 2025.
Source: YAHOO