Nebius (NASDAQ: NBIS ) has seen its stock kick into high gear in no small part due to the bullish rally seen at close competitor CoreWeave ( CRWV ). With the vast majority of its value coming fromJulian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also combines growth-oriented principles with strict valuation hurdles to add an additional layer to the conventional ...

In this video, I'll go over Nebius Group's (NBIS 7.69%) recent earnings report and explain why I remain extremely bullish on the long-term potential of the company. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of May 19, 2025. The video was published on May 20, 2025. ...

Financial Data and Key Metrics Changes - Revenue grew nearly 400% year over year, with an annualized run rate revenue increase of nearly 700% [5] - The company ended the quarter with a solid cash balance of $1,400,000,000 [5] - April's annualized run rate revenue was $310,000,000, indicating strong demand continuing into May [17][41] Business Line Data and Key Metrics Changes - Significant improvements in AI cloud offerings, including SLURM based cluster upgrades that reduced downtime by around 5% [8] - New platform services moved from beta to general availability, enhancing overall service reliability and performance [9][10] - Expanded integrations with external AI platforms, allowing customers to bring existing tools into the ecosystem with minimal friction [11] Market Data and Key Metrics Changes - The company is well-positioned in the US, Europe, and the Middle East, with plans to expand capacity in these regions [5][6] - The demand environment for AI compute remains robust, with strong sales momentum continuing into Q2 [17][41] Company Strategy and Development Direction - The company is focused on building out its AI cloud infrastructure to serve a diverse customer base, including tech, media, entertainment, and life sciences [15][16] - Plans to achieve mid-single-digit billions in revenue in the midterm, with a focus on expanding capacity to support this growth [22][24] - The strategy includes building national AI factories in various geographies to tap into emerging markets [56][58] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving adjusted EBITDA profitability in the second half of 2025, with a focus on positive adjusted EBITDA in the core infrastructure business by Q3 [44][45] - The company anticipates medium-term EBIT margins to range between 20% to 30%, supported by the scaling of its AI cloud business [24][26] - Management highlighted the importance of technology quality and capital access as key differentiators in the competitive landscape [26][30] Other Important Information - The company announced new partnerships with NVIDIA and other industry leaders to enhance its technology stack and service offerings [6][13] - The deconsolidation of Teloka will impact financials and guidance, but the company retains a significant economic stake [62] Q&A Session Summary Question: What do you mean by midterm, and what are the building blocks to get there? - The base case plan calls for several billion dollars of revenue in the midterm, with a focus on scaling capacity to support this goal [35] Question: What drove the strength in Q1 ARR, and how do you feel about the full year? - Strong demand for GPUs and improved sales processes contributed to the strength in Q1 ARR, with continued robust demand expected [38][41] Question: When do you expect to achieve positive adjusted EBITDA? - Positive adjusted EBITDA is expected in the second half of the year, with the core infrastructure business likely reaching it by Q3 [44][45] Question: Can you provide an update on the reasons for raised CapEx guidance? - Increased CapEx guidance is due to earlier-than-expected spending and the need to ramp up capacity in response to demand [46][47] Question: Where do you see future growth in this business? - Future growth is expected from AI-native companies, enterprise clients, and national AI projects, with a focus on expanding data center capacity [54][56][58]

Financial Data and Key Metrics Changes - Revenue grew nearly 400% year over year, with an annualized run rate revenue increase of nearly 700% [5] - The company ended the quarter with a solid cash balance of $1.4 billion [5] - April's annualized run rate revenue was $310 million, indicating strong demand continuing into May [16][43] - The company is maintaining its overall revenue guidance for the year in the range of $500 million to $700 million [18] Business Line Data and Key Metrics Changes - Significant progress was made in developing the AI cloud offering, with notable product launches including SLURM-based cluster upgrades and enhanced object storage [8][9] - The company reported a 5% improvement in available nodes for commercial use due to infrastructure enhancements [8] - New partnerships were announced with NVIDIA and other industry leaders, enhancing the company's technology stack [6][12] Market Data and Key Metrics Changes - The demand environment for AI compute remains robust, with strong sales momentum continuing into Q2 [16] - The company is expanding its capacity footprint globally, with new data centers in the US, Europe, and the Middle East [5][6] Company Strategy and Development Direction - The company aims to build a robust AI cloud infrastructure to serve a wide variety of customers, including tech, media, entertainment, and life sciences [14][15] - Future growth is expected to come from AI-native companies, enterprise clients, and national AI projects [58][60][62] - The company plans to achieve mid-single-digit billions in revenue in the midterm, with a focus on building out data center capacity [21][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving positive adjusted EBITDA in the second half of the year, with a focus on profitability [46][47] - The company anticipates medium-term EBIT margins to range from 20% to 30% as the AI cloud business scales [23] - Management highlighted the importance of software in driving higher margins and customer retention [24][96] Other Important Information - The company plans to increase CapEx to approximately $2 billion for 2025, up from previous guidance of $1.5 billion [18][19] - The deconsolidation of Teloka will be reflected in the upcoming Q2 earnings report, as the company retains a significant majority economic stake [64] Q&A Session Summary Question: What do you mean by midterm, and what are the building blocks to get there? - The midterm revenue target is several billion dollars over the next few years, with a focus on scaling capacity to support this goal [36] Question: What drove the strength in Q1 ARR, and how do you feel about the full year? - Strong demand for GPUs and improved sales processes contributed to the growth, with continued robust demand expected [40][43] Question: When do you expect to achieve positive adjusted EBITDA? - Positive adjusted EBITDA is expected in the second half of the year, with the core infrastructure business likely reaching it in Q3 [46][47] Question: Can you provide an update on the reasons for the raised CapEx guidance? - The increase is due to some CapEx spending being pushed from Q4 to Q1 and the desire to ramp up capacity in response to demand [48][50] Question: Where do you see future growth in this business? - Future growth is anticipated from AI-native companies, enterprise clients, and national AI projects, with a focus on expanding data center capacity [58][60][62] Question: How does Teloka deconsolidation impact your business? - Teloka has high growth prospects, and the company retains a significant economic stake, which will be reflected in future financials [64] Question: Can you provide an update on your capacity expansion plans for this year? - The company is aggressively building data center capacity, with several new sites expected to be operational soon [66][68] Question: How is the NVIDIA relationship progressing? - The company has a long-standing collaboration with NVIDIA, with several joint announcements and product offerings expected to drive growth [85][86]

Nebius Group Investor Presentation May 2025 Disclaimer Forward-looking statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Nebius Group Introducing Nebius Group Nebius Group: business overview All statements contained in this presentation other than statements of historical facts, including, without limitation, statements regarding our future financial and business performance, our ...

Company Overview - Nebius Group is a spinoff from the Russian internet conglomerate Yandex and is now listed on the Nasdaq after raising $700 million through a private placement involving Nvidia [3] - The company focuses on outfitting data centers with advanced GPU architecture and operates an AI services business called Toloka, which has received funding from Bezos Expeditions [4] Financial Performance - In Q4 2024, Nebius generated $37.9 million in revenue, marking a 466% year-over-year increase, with AI infrastructure contributing over half of this revenue and growing by more than 600% annually [6] - The annual recurring revenue (ARR) reached $90 million in December, with expectations to exceed $220 million by the end of Q1 and forecasted to be between $750 million to $1 billion by year-end [8] Market Position and Growth Potential - Nebius is involved in the rollout of Nvidia's latest GPU architecture, Blackwell, across Europe and the U.S., positioning itself well in the growing AI infrastructure market [8] - Major cloud hyperscalers, including Microsoft, Alphabet, Amazon, and Meta Platforms, are projected to spend over $300 billion on capital expenditures in the current year, providing a favorable macro environment for Nebius [9] Stock Performance and Investment Outlook - Nebius stock is currently trading below previous highs but has shown recent momentum due to positive market trends, particularly related to new tariff agreements between the U.S. and China [10] - The upcoming Q1 earnings call is critical for assessing whether Nebius meets its ARR goal of $220 million and for understanding management's forecasts for the remainder of the year [11]

Core Viewpoint - Nebius Group N.V. (NBIS) is set to report its Q1 2025 results, with expectations of a loss of 45 cents per share and total revenues of $63.8 million [1][3]. Company Overview - Nebius is an Amsterdam-based AI infrastructure company, focusing on an AI-powered cloud platform for intensive AI and ML workloads [2]. Earnings Prediction - The current Earnings ESP for NBIS is -7.87%, and it holds a Zacks Rank 3 (Hold), indicating a lack of strong earnings beat potential [4][3]. Strategic Focus - Nebius is expanding its data center footprint and GPU deployments in the U.S. and Europe, including a new 300 MW data center in New Jersey expected to be completed by summer 2025 [5][6]. - The company is also enhancing its global sales and marketing efforts, particularly in the U.S. market, to support revenue growth [6]. Product Offerings - Apart from its core cloud platform, Nebius offers Toloka (AI development), TripleTen (edtech), and Avride (autonomous vehicle platform), with Toloka seeing a 140% revenue growth in 2024 [7]. Market Challenges - The company faces a challenging macroeconomic environment and increasing customer selectivity, which may impact revenue growth [9]. - Nebius is investing heavily in capacity expansion, which could pressure margins in the near term [9]. Competitive Landscape - Nebius is a new entrant in the AI cloud infrastructure market, competing against established players like Amazon, Microsoft, and Alphabet, which dominate the market [10]. Stock Performance - Nebius shares have declined by 19.5% over the past three months, underperforming the broader technology sector [11]. - The stock has also lagged behind peers like Microsoft, which has gained 10.7% during the same period [12]. Valuation Metrics - NBIS shares are trading at a Price/Book ratio of 2.59X, lower than the industry average of 4.12, indicating potential risk [13]. Investment Outlook - Despite ongoing investments and growth potential in its platforms, significant margin pressure and competition cloud the outlook for NBIS [16]. - The current Zacks Rank 3 suggests that investors should wait for a better entry point, while existing investors may hold due to intact growth prospects [17].

智通财经5月16日电，英伟达最新持仓曝光，相关概念股集体上扬，Applied Digital涨近12%， CoreWeave涨近8%，NEBIUS涨超3%。 ...

Group 1 - The article promotes the subscription service Beyond the Wall Investing, which offers significant savings on equity research reports from banks [1] - Nebius Group N.V. (NASDAQ: NBIS) was rated as a "Strong Buy" in January 2025, attributed to a perceived unjustified decline in its stock price [1] - The investing group provides features such as a fundamentals-based portfolio, weekly analysis from institutional investors, and alerts for short-term trade ideas based on technical signals [1] Group 2 - The article includes a disclosure stating that the author has a beneficial long position in NBIS shares through various financial instruments [1]

Core Insights - Mid-cap stocks offer a balance of risk and reward, often overlooked by investors despite their growth potential and stability [1][2] - The tech sector is dominated by mega-cap companies, which can overshadow mid-cap firms that also contribute to technological advancements [2][3] Company Summaries Nebius Group - Nebius Group N.V. is a Netherlands-based company with a market capitalization of approximately $8.4 billion [4] - The company has experienced significant revenue growth of 466% year-over-year for Q4 and 462% for the full year, despite posting net losses of nearly $137 million for Q4 and almost $397 million for the full year [5] - Nebius aims for annual recurring revenue between $750 million and $1 billion by December 2025, bolstered by an investment from Jeff Bezos in its Tokola unit [5][6] UiPath Inc. - UiPath Inc. is a leader in robotic process automation, with a current stock price forecast of $12.72, indicating a potential downside of 2.69% [9] - The company reported a 14% year-over-year increase in annual recurring revenue, reaching nearly $1.7 billion, with cloud revenue growing over 50% [10] - Despite macro-level uncertainties and competition, analysts project potential gains, with some forecasting a 16% to 38% increase [11] Varonis Systems Inc. - Varonis Systems Inc. has a stock price forecast of $55.06, suggesting a 20.47% upside, driven by better-than-expected revenue results [12] - The company achieved nearly 20% year-over-year revenue growth and raised its annual recurring revenue guidance to $742-$750 million [13] - Strong cash flow management has contributed to its momentum, with operating cash flow reaching $68 million and free cash flow at $65.3 million [13]