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Avride Secures $375 Million Investment from Uber and Nebius

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Avride Secures $375 Million Investment from Uber and Nebius

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The latest announcement is out from Nebius Group ( (NBIS) ).

On October 22, 2025, Avride, a subsidiary of Nebius Group and a leader in autonomous driving technologies, announced securing up to $375 million in strategic investments and commitments from Uber and Nebius. This funding is set to accelerate Avride’s growth in autonomous vehicle technology, expand its fleet, and support AI-driven product development. The investment builds on Avride’s existing partnership with Uber, with plans to launch a robotaxi service in Dallas by the end of 2025. This development positions Avride to capitalize on significant market opportunities in autonomous transportation, enhancing its industry presence and offering stakeholders promising growth prospects.

The most recent analyst rating on (NBIS) stock is a Buy with a $137.00 price target. To see the full list of analyst forecasts on Nebius Group stock, see the NBIS Stock Forecast page.

Spark’s Take on NBIS Stock

According to Spark, TipRanks’ AI Analyst, NBIS is a Neutral.

The overall stock score of 60 reflects a mixed outlook. The most significant factor is the company’s financial performance, which is currently weak due to declining revenues and profitability. However, strong technical indicators and positive earnings call sentiment provide some optimism. The high P/E ratio suggests overvaluation, which is a concern for potential investors.

To see Spark’s full report on NBIS stock, click here.

More about Nebius Group

Nebius Group is a technology company headquartered in Amsterdam, specializing in AI-native cloud platforms designed for intensive AI workloads. It operates globally with R&D hubs in Europe, North America, and Israel. Nebius Group’s core business includes providing compute, storage, managed services, and tools for AI model development. The company also has interests in autonomous driving technologies through its subsidiary Avride and operates other businesses like TripleTen, an edtech company.

Average Trading Volume: 16,914,799

Technical Sentiment Signal: Buy

Current Market Cap: $27.37B

See more data about NBIS stock on TipRanks’ Stock Analysis page.

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