5 Best Performing Agentic AI Stocks to Buy

​4. Nebius Group N.V. (NASDAQ:NBIS)

6-Month Performance: 154.79%

Number of Hedge Fund Holders: 60

Nebius Group N.V. (NASDAQ:NBIS) has gained more than 154% over the past 6-months. The growth has been driven by massive AI infrastructure deals and analysts’ positive projections for continued revenue expansion in the next quarter. Nebius Group N.V. (NASDAQ:NBIS) is also one of our Best Performing Agentic AI Stocks to Buy.

​Recently, the stock fell around 12.4% following a Bloomberg report on July 1, which suggests that Meta Platforms is developing a cloud business to sell excess AI computing capacity as tech giants look for returns on heavy AI spending. While the plan is still evolving and could change, the concern for Nebius is twofold. Firstly, Meta is a key customer for the company, and this move could mean Meta relies less on their services going forward. At the same time, Meta entering the cloud market directly adds a new competitor.

​Analyst Gil Luria of D.A. Davidson said the impact would likely hit neoclouds harder than major hyperscalers, since companies like Nebius depend heavily on Meta for growth that may no longer be guaranteed. The analyst compared the dynamic to SpaceX, which turned to renting out its own compute capacity after facing a similar shift.

​However, the Street remains bullish on Nebius Group N.V. (NASDAQ:NBIS) with analysts’ 12-month price target suggesting more than 22.9% over the next 12-months.

Nebius Group NV (NASDAQ:NBIS) is a technology company that provides infrastructure and services to AI builders worldwide. It offers Nebius AI, an AI-centric cloud platform that provides full-stack infrastructure, including large-scale GPU clusters, cloud services, and developer tools.