Nebius (NBIS) Stock Surges 94% Year-to-Date with Growth Forecasts

AI Summary

Nebius (NBIS) stock has increased approximately 94% so far in 2026, with analysts predicting it may exceed 100% owing to sustained AI market enthusiasm. The company reported a remarkable Q4 revenue growth of 547% year-over-year, with projected growth rates of 522% for 2026 and 195% for 2027. This growth could elevate annual revenue from $530 million in 2025 to $9.7 billion by the end of 2027. However, the stock is currently priced at a P/S ratio of 73 times sales, reflecting high valuation amidst ongoing unprofitability as the company expands its data center operations from 7 to 16 locations by the end of 2026.