Key Stats for Nebius Stock
- Price change for Nebius stock in the last 6 months: 61%
- $NBIS Stock Price as of Oct. 8: $220
- 52-Week High: $300
- $NBIS Stock Price Target: $284
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What Happened?
Rosenblatt Securities started coverage of Nebius (NBIS) with a Buy rating. Its price target is $304, about 38% above the current price of $220.
Rosenblatt ranks Nebius near the top of the neocloud group, next to CoreWeave.
It built its target using a ten-year cash flow model. The model uses a 12% discount rate and a 12 times terminal free-cash-flow multiple.
The firm expects revenue to grow about 98% a…
