12 Worst AI Stocks to Invest In According to Reddit

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9. Nebius Group (NASDAQ:NBIS)

Number of Hedge Fund Holders: 65

Nebius Group (NASDAQ:NBIS) is one of the worst AI stocks to invest in according to Reddit. On February 2, Freedom Capital initiated coverage of Nebius with a Buy rating and a $108 price target. The firm characterized the company as a vertically integrated cloud platform designed specifically for artificial intelligence workloads.

The firm noted that Nebius provides cost-efficient, high-performance computing for AI-native companies and suggested that its ongoing investments in infrastructure and product development will drive rapid revenue growth within a large, expanding addressable market.

Earlier on January 15, Morgan Stanley initiated coverage of Nebius Group (NASDAQ:NBIS) with an Equal Weight rating and a $126 price target and noted that the company’s vertically integrated AI cloud received strong external validation and key reference customers. However, the firm informed investors that near-term targets appear aggressive due to the substantial net new bookings required, leading the analyst to conclude that the stock is fully valued at current levels.

Nebius Group (NASDAQ:NBIS) is a technology company that builds full-stack infrastructure to service the global AI industry in the Netherlands, Europe, North America, and Israel.

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