Amsterdam-based Nebius Group (NBIS) has been in the spotlight this week after its multi-billion-dollar deal with Microsoft (MSFT). Despite the rally, top analysts remain bullish, citing continued growth potential and strategic catalysts that could support further upside. However, NBIS’s average price target suggests potential near-term downside risk following its recent surge. The stock has jumped over 45% so far this week.
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For context, Nebius is a Dutch technology company specializing in data center operations and cloud infrastructure. Recently, the company signed a five-year, $19.4 billion data center deal with Microsoft. As part of this, Nebius plans to spend heavily to build a new data center in New Jersey, with Microsoft’s funding helping to finance the project.
NBIS Stock Gets Big Price Target Boost
Following the deal, top-rated analyst Hamed Khorsand of BWS Financial raised his price target for NBIS stock from $90 to $130 while keeping a Buy rating. The new target implies significant upside of over 35% from current levels.
Khorsand sees the Microsoft deal as a major milestone, with the tech giant set to use nearly all of NBIS’s New Jersey facility. He noted that this contract could help attract other large-scale clients as Nebius expands to more U.S. locations. Khorsand also highlighted that the company aims to develop 1 gigawatt of capacity in the coming years.
Furthermore, Khorsand now expects Nebius to speed up GPU (graphics processing unit) installations and get the New Jersey facility online as quickly as possible. He added that the firm’s previous 2026 estimates now appear “obsolete.”
Is NBIS a Good Stock to Buy?
According to TipRanks, analysts have a Strong Buy consensus rating on NBIS stock based on five Buys and one Hold assigned in the past three months. Meanwhile, the average NBIS stock price target of $85.80 implies a 10.36% downside from the current price.
