NBIS — Nebius Group N.V. - Class A Ordinary Shares
Session close: $115.88. Regular-session share volume: 44,584,674. Change from previous close: -9.92%.
Key developments
Nebius reported third-quarter revenue that beat estimates, but lowered the upper end of its full-year revenue guidance after delays bringing third-party data center capacity online, now expected in the first half of next year. The company also raised its capital expenditure forecast, with spending projected to climb further the following year. Management still expects substantial revenue growth and targets pre-tax break-even by year-end.
Market context — Mentions NBIS in the article text. Nebius Crashes 20% as Jensen Huang Shock Rocks AI Stocks: One ETF Is Having a Field Day · Company mentioned — Mentions NBIS in the article text. Analyst Shrugs Off Nebius Data Center Delay As 'Slight Blemish' on Strong Quarter
Rosenblatt's John McPeake maintained a Buy rating, calling the Vineland, New Jersey data center delay a "slight blemish" on a strong quarter and expecting the disruption to be temporary; the facility is largely booked by Microsoft. Truist reiterated Buy but cut its price target, a reset rather than a change of view. Customer prepayments covered third-quarter capital expenditures, and Nebius expects prepayments and asset-backed financing to fund most of next year's spending.
Company mentioned — Mentions NBIS in the article text. Analyst Shrugs Off Nebius Data Center Delay As 'Slight Blemish' on Strong Quarter · Company mentioned — Mentions NBIS in the article text. Nebius Stock Falls Nearly 17%; Weak Outlook, Nvidia Turmoil and Nscale’s Wider Loss Rattle Neoclouds
The sell-off extended into Friday amid sector-wide pressure: Nvidia CEO Jensen Huang's resignation weighed on neocloud stocks that depend on Nvidia GPUs, and rival Nscale's amended IPO prospectus showed a sharply wider loss and a warning it needs additional financing for its commitments. Nscale's filing highlighted the heavy funding demands of rapid AI capacity growth, a reminder relevant to Nebius's own expansion plans.
Company mentioned — Mentions NBIS in the article text. Nebius Stock Falls Nearly 17%; Weak Outlook, Nvidia Turmoil and Nscale’s Wider Loss Rattle Neoclouds · Company mentioned — Mentions NBIS in the article text. Nvidia-Backed Nscale Warns It Needs More 'Financing' Amid $44.6B Anthropic Contract Ahead of US IPO As Nine-Month Loss Widens to $1.69 Billion · Company mentioned — Mentions NBIS in the article text. Why Is Applied Digital Stock Falling on Friday?
News sources
Market context — Mentions NBIS in the article text. Nebius Crashes 20% as Jensen Huang Shock Rocks AI Stocks: One ETF Is Having a Field Day · Company mentioned — Mentions NBIS in the article text. Analyst Shrugs Off Nebius Data Center Delay As 'Slight Blemish' on Strong Quarter · Company mentioned — Mentions NBIS in the article text. Why Is Applied Digital Stock Falling on Friday? · Company mentioned — Mentions NBIS in the article text. Nebius Stock Falls Nearly 17%; Weak Outlook, Nvidia Turmoil and Nscale’s Wider Loss Rattle Neoclouds · Company mentioned — Mentions NBIS in the article text. Nvidia-Backed Nscale Warns It Needs More 'Financing' Amid $44.6B Anthropic Contract Ahead of US IPO As Nine-Month Loss Widens to $1.69 Billion