Nebius Group N.V. (NASDAQ:NBIS) stock rose with other neocloud stocks Monday as stronger Big Tech earnings reinforced investor confidence in AI data-center demand and long-term GPU computing contracts. The Nasdaq gained 1.35%, while the S&P 500 rose 1.10%.

Nebius is a vertically integrated cloud provider focusing on AI and high-performance computing.

Big Tech Results Support AI Infrastructure Demand

Microsoft Corp (NASDAQ:MSFT), Amazon.com Inc (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL) and Meta Platforms Inc (NASDAQ:META) all reported stronger quarterly revenue, with cloud, AI and services demand driving much of the growth.

  • Microsoft’s fourth-quarter revenue increased 18% to $90.01 billion as Azure and other cloud services revenue jumped 43%. CEO Satya Nadella said Azure revenue surpassed $100 billion for the year and Microsoft 365 Copilot topped 30 million paid seats.
  • Amazon’s second-quarter revenue rose 20% to $200.61 billion, led by 37% growth at AWS. CEO Andy Jassy said AWS delivered its fastest growth in 18 quarters, while Amazon’s AI and chips businesses each exceeded $25 billion run rates.
  • Apple reported its strongest June quarter ever, with revenue up 16% to $109.42 billion. Meta’s revenue climbed 28% to $60.8 billion, while CEO Mark Zuckerberg said AI is accelerating Meta’s core business and opening new enterprise opportunities.

Earnings & Analyst Outlook

The countdown is on: Nebius Group N.V. Class A Ordinary Shares is set to report earnings on August 12, 2026 (confirmed).

  • EPS Estimate: Loss of 73 cents (Down from a loss of 38 cents YoY)
  • Revenue Estimate: $576.67 million (Up from $105.10 million YoY)
  • Valuation: P/E of 73.5x (Indicates premium valuation relative to peers)

Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $232.08 (20 analysts). Recent analyst moves include:

  • Baird: Initiated with Outperform (Forecast $250.00) (July 22)
  • Northland Capital Markets: Outperform (Raises Forecast to $410.00) (July 20)
  • Freedom Capital Markets: Upgraded to Buy (Raises Forecast to $200.00) (July 20)

Price Action

NBIS Stock Price Activity: Nebius Group shares were up 12.90% at $214.97 at the time of publication on Monday, according to Benzinga Pro data.

Read Also: The NVIDIA Effect: Why AI Cloud Play Nebius Is Surging Right Now

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