Can Nebius Reach $7-$9B Annualized Run-Rate Revenue in 2026?

Key Takeaways Nebius targets $7B-$9B ARR by 2026, with 2026 revenue seen at $3B-$3.4B.Nebius topped $1.2B ARR in 2025, adding 9 data centers and over 2GW of contracted power.Nebius sees longer AI contracts, $4B pipeline growth and Microsoft revenue ramping in 2027.Nebius Group N.V. (NBIS) has outlined an ambitious yet clearly defined financial trajectory, targeting an annualized run rate (ARR) revenue of between $7 billion and $9 billion by the end of 2026. The company reiterated its confidence in achieving ...