The Artificial Intelligence (AI) Stock That Wall Street Says Could Rally 58% From Here

Core Viewpoint - Nebius Group (NASDAQ: NBIS) has experienced a remarkable 333% increase in stock price over the past year, driven by strong demand for dedicated AI data center capacity [1] Company Overview - Nebius is a neocloud infrastructure provider that operates dedicated AI data centers utilizing Nvidia's GPUs, allowing customers to rent cloud capacity for AI applications and model development [2] Growth Potential - Analysts project a 36% increase in Nebius' stock price, with a median price target of $150, despite a high price-to-sales ratio of 45, justified by a potential revenue increase of over 6x by 2026 from $530 million [4] - The demand for dedicated AI data center infrastructure is outpacing supply, a trend expected to persist until the end of the decade, with Nebius actively building new data centers to meet this demand [5] Long-term Strategy - Nebius aims to increase its active data center power capacity to between 800 megawatts (MW) and 1 gigawatt (GW) by the end of 2026, up from 170 MW last year, and has received approval for a new AI factory in Missouri with a potential capacity of up to 1.2 GW [6]