Nebius (NBIS) Soars 17.3% as Analyst Gives Buy Reco, Higher Price Target

We recently published Market on Mute? Not for These 10 Stocks With Surprising Gains. Nebius Group N.V. (NASDAQ:NBIS) is one of Monday’s top performers.

Nebius Group soared by 17.27 percent on Monday to end at $51.95 apiece following an investment firm’s bullish rating and higher price target for the company.

Over the weekend, Goldman Sachs gave Nebius Group N.V. (NASDAQ:NBIS) a “buy” recommendation with a price target of $68, or a 30.9-percent upside from its latest closing price.

According to Goldman Sachs, the rating was based on the company’s leadership position in the neocloud market—an industry that heavily supports artificial intelligence growth.

Additionally, Goldman Sachs said it expects a 50 percent upside from current levels for Nebius Group N.V. (NASDAQ:NBIS) due to AI’s growing need for specialized GPU infrastructure.

Based on its historical earnings reporting dates, Nebius Group N.V. (NASDAQ:NBIS) is set to release the results of its second quarter financial and operating results on August 1, 2025.

Nebius (NBIS) Soars 17.3% as Analyst Gives Buy Reco, Higher Price Target

An aerial view of an intricate network of digital infrastructure, lit up against a night sky.

In the first quarter of the year, Nebius Group N.V. (NASDAQ:NBIS) widened its net loss from continuing operations by 41 percent to $113.6 million from $80.5 million in the same period last year.

Revenues, on the other hand, expanded by 385 percent to $55.3 million from $11.4 million year-on-year.

While we acknowledge the risk and potential of NBIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NBIS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.