Nebius Group's stock dropped 3% even after Rosenblatt Securities gave it a Buy rating, reflecting ongoing pressure from a recent AI infrastructure selloff. The company, which rents AI accelerator capacity, has a strong revenue backlog of $37.5 billion and aims for $3 billion to $3.4 billion in 2026 revenue. However, persistent selling and heavy capital spending weigh on the stock, which trades below its 50-day moving average. Investors should be cautious given the risks tied to Nebius's capital-intensive growth model and recent market volatility.
As of Oct 12, 2026 19:41 WIB, Nebius Group NV (NBIS) is trading at USD 214.81 on Pluang, down 2.85% for the day with a market cap of $60.10 billion. CoreWeave (CRWV) also declined, priced at USD 80.27 with a 2.21% drop and a market cap of $45.27 billion. Nebius's typical hold time on Pluang is notably longer at 25 days compared to CoreWeave's 8 days, highlighting differing investor engagement levels.
Shares of CoreWeave, Nebius, and Oracle fell significantly due to concerns about their heavy borrowing to finance AI infrastructure expansion. CoreWeave led the decline with a 7% drop, followed by Nebius down 6% and Oracle down 5%, while broader clou...
Nebius has rapidly converted a $37.49 billion AI compute contract backlog into revenue, driving a 183% gain this year. Key deals with Meta and Microsoft fuel growth, with Q2 revenue up 454% to $582.3 million and strong EBITDA margins. However, the co...
