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…