NASDAQ:NBIS

Nebius Group (NBIS)

128.64
-26.05 (16.84%)
as of Nov 12, 2026, 9:00:00 pm Market Closed.
39 watching
0
DON'T BUY

Up 108% since Oct. 21. A cloud server. Up 7.9% today. It used to be Yandex, the Google of Russia, which no one paid attention to. They plan to acquire as many GPUs as they can and build-new data centres. Their core is the AI infrastructure business. There's limited financial info, but adjusted EBITDA is -$7 million billion last December. When shares jumped last December, Citron Research recommended it twice, but Citron has been charged with fraud twice in an alleged pump and dump operation. NBIS claims to be close to NVDA, but that is in doubt. It trades at 20x its full-year revenue forecast--very expensive.

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