Company Overview - Nebius Group NV is an AI infrastructure startup backed by Nvidia, focusing on autonomous mobility and decentralized AI [1][5] - The U.S.-based subsidiary, Avride Inc., powers real-world robotaxis and delivery bots for Uber and Uber Eats, with operations in Austin, Dallas, and Jersey City [2][3] Technology and Operations - Avride's self-driving vehicles are retrofitted Hyundai Ioniq 5s equipped with advanced sensors and custom compute hardware [3] - The company is also deploying delivery robots that can navigate urban environments, with operations extending from the U.S. to Seoul [3] Strategic Partnerships - In March 2025, Nebius formed a strategic partnership with Hyundai to develop commercial robotaxis, enhancing its market position [4] - All manufacturing of delivery robots is conducted in Taiwan, strengthening its supply chain capabilities [4] Market Position and Investment Sentiment - Nebius aims to establish itself as the leading AI operating system for autonomous mobility, leveraging Nvidia's support and avoiding the constraints of legacy automakers [5] - The company's growth is viewed positively by contrarian investors, especially as Jim Cramer has opted not to invest, which some interpret as a bullish signal [6]

Key Takeaways NBIS surged 57% in a month, driven by AI demand and stronger global infrastructure plans. Q1 revenues grew 385% year over year; April ARR hit $310M with 2025 guidance set at $750M-$1B. Nebius deepened ties with NVIDIA and expanded globally, but still projects negative adjusted EBITDA for 2025.Nebius Group N.V. (NBIS) shares have gained 57.3% over the past month, outperforming the Zacks Computer & Technology sector and the Zacks Internet Software Services industry’s growth of 10.1% and 10.6%, ...

Core Insights - Nebius Group N.V. reported a first-quarter 2025 adjusted net loss of $92.5 million, which is 19% wider than the loss of $77.6 million from the previous year [1] - The company's revenues increased significantly by 385% year over year to $55.3 million, primarily driven by growth in its core artificial intelligence (AI) business [1] Business Overview - Nebius operates an AI cloud platform designed for intensive workloads, supported by in-house developed software and hardware, with R&D hubs in Europe, North America, and Israel [2] - The company has distinct brands, including Avride for autonomous driving technology and TripleTen, a leading edtech platform for tech career reskilling [2] Financial Performance - The adjusted EBITDA loss for the first quarter was $62.6 million, an improvement from the $70.9 million loss in the same quarter last year [4] - Sales, general, and administrative expenses rose by 29% year over year to $66.1 million [4] - As of March 31, 2025, the loss from operations was $129.5 million, compared to a loss of $82.9 million in the prior year [4] Balance Sheet and Cash Flow - As of March 31, 2025, Nebius had $1,447 million in cash and cash equivalents, down from $2,449.6 million as of December 31, 2024 [5] Future Outlook - The company is optimistic about its momentum heading into the second quarter of 2025, reaffirming its full-year ARR guidance of $750 million to $1 billion and overall revenue guidance of $500 million to $700 million [6] - Although adjusted EBITDA is expected to remain negative for the full year, Nebius aims to achieve positive adjusted EBITDA in the second half of 2025 [6] - The capital expenditure forecast for 2025 has been raised to approximately $2 billion from the previous estimate of $1.5 billion [7] Market Performance - Nebius currently holds a Zacks Rank 3 (Hold) and its shares have surged 66.6% over the past six months, outperforming the Zacks Internet - Software and Services industry's growth of 26.2% [8]

Nebius Group N.V. (NBIS) will report its first-quarter 2025 results on May 20, before market open.The Zacks Consensus Estimate for the bottom line in the to-be-reported quarter is pegged at a loss of 45 cents. The estimate has remained unchanged in the past seven days but has been revised downward by 4 cents in the past 60 days. The consensus estimate for total revenues is pinned at $63.8 million.Image Source: Zacks Investment ResearchBased in Amsterdam, Nebius is positioning itself as a specialized AI infr ...