Nebius Group (NASDAQ:NBIS) Issues Quarterly Earnings Results, Beats Expectations By $1.02 EPS

Nebius Group (NASDAQ:NBIS) posted its quarterly earnings results on Thursday. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of ($0.72) by $1.02, Zacks reports. Nebius Group had a negative return on equity of 6.03% and a net margin of 4.55%. The business had revenue of $980.80 million during the quarter, compared to the consensus estimate of $907.20 million.

Here are the key takeaways from Nebius Group’s conference call:

• Nebius reported Q3 revenue of $980.8 million, up 571% year over year, and adjusted EBITDA of $465.8 million, with a 47.5% group margin. The quarter included about $325 million of non-recurring revenue from an asset-light rollout.
• Customer demand and contract economics strengthened: Q3 deals closed above $25 million per megawatt, and prepayments on new agreements covered more than 100% of the associated CapEx, shortening the stated payback period to 1.7 years. Nebius also reported multi-year enterprise deals and multi-billion-dollar agreements signed in Q4.
• Nebius lowered its 2026 revenue outlook to $3.0–$3.2 billion from $3.0–$3.4 billion, citing delays at third-party colocation sites that shift some capacity and revenue into 2027. It raised expected 2026 CapEx to about $27 billion.
• For 2027, management forecast revenue of $12–$13 billion—about four times its 2026 outlook—and expects to reach pre-tax break-even in Q4. Planned CapEx of $40–$45 billion is substantial, though the company expects prepayments and asset-backed financing to fund 75%–85% of it.

Nebius Group Trading Down 8.8%

Nebius Group stock traded down $11.36 during trading hours on Friday, hitting $117.28. The stock had a trading volume of 40,482,914 shares, compared to its average volume of 18,794,752. The business’s 50 day simple moving average is $196.49 and its 200-day simple moving average is $178.58. Nebius Group has a one year low of $73.52 and a one year high of $299.86. The stock has a market cap of $29.67 billion, a price-to-earnings ratio of -3,907.56 and a beta of 4.63. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.82.

Insiders Place Their Bets

In other Nebius Group news, CTO Danila Shtan sold 14,546 shares of the company’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $234.16, for a total transaction of $3,406,091.36. Following the transaction, the chief technology officer owned 260,217 shares in the company, valued at approximately $60,932,412.72. This represents a 5.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Wilson Boynton sold 7,260 shares of the stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $177.63, for a total transaction of $1,289,593.80. Following the completion of the sale, the director owned 403,522 shares of the company’s stock, valued at approximately $71,677,612.86. This represents a 1.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have purchased 1,718 shares of company stock valued at $280,207 and have sold 103,527 shares valued at $23,457,169.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on NBIS shares. William Blair assumed coverage on Nebius Group in a research report on Wednesday, September 30th. They set an “outperform” rating for the company. Freedom Capital upgraded Nebius Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Wall Street Zen upgraded Nebius Group from a “strong sell” rating to a “sell” rating in a research report on Sunday, August 16th. Piper Sandler dropped their price target on shares of Nebius Group from $237.00 to $185.00 and set a “neutral” rating for the company in a research report on Wednesday, October 21st. Finally, Citigroup cut their price objective on Nebius Group from $324.00 to $265.00 and set a “buy” rating for the company in a research report on Wednesday, November 4th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $226.00.

More Nebius Group News

Here’s some of the latest news about NBIS:

• Positive Sentiment: Third-quarter revenue rose 571% to $980.8 million, beating expectations, and earnings also exceeded analyst estimates. Management cited strong demand for AI computing. NBIS Q3 Earnings Beat Estimates on AI Cloud Growth, Asset-Light Gains
• Neutral Sentiment: Truist maintained its Buy rating but cut its price target to $245 from $355, reflecting a more cautious view despite the firm’s stated upside potential. Truist Financial rating
• Negative Sentiment: Management now expects 2026 revenue of $3.0 billion to $3.4 billion, at the low end of its prior range and below the $3.4 billion consensus. Delays in third-party data-center capacity are pushing some growth into 2027, making execution a key concern. Why Nebius Group Stock Plunged (Again) Today

About Nebius Group

Nebius Group is a technology company focused on building infrastructure for artificial intelligence. Its core business, Nebius, offers cloud computing services and access to accelerated computing resources designed to help developers and organizations train and run AI models. The company also has businesses in areas including data services for AI, autonomous mobility and online education. Based in Amsterdam, Nebius serves customers internationally and is developing data center and computing capacity to support its AI cloud services.