Want to see DE:NB2 full AI Analyst Report?
NB2 Stock Chart & Stats
€5.82
-€0.25(-5.10%)
At close: 4:00 PM EDT
€5.82
-€0.25(-5.10%)
Day’s Range― - ―
52-Week Range€4.62 - €17.69
Previous CloseN/A
Volume1.94K
Average Volume (3M)166.00
Market Cap
€583.55M
Enterprise Value€10.00T>
Total Cash (Recent Filing)€242.99M
Total Debt (Recent Filing)€179.53M
Price to Earnings (P/E)―
Beta1.63
Next Earnings
May 19, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.22
Shares Outstanding64,196,680
10 Day Avg. Volume46
30 Day Avg. Volume166
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)2.26
Price to Sales (P/S)12.48
P/FCF Ratio-9.92
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.23
Revenue Forecast (FY)€347.40M
Bulls Say, Bears Say
Bulls Say
HPC Infrastructure Business ModelSelling contracted access to specialized computing infrastructure gives Northern Data a clearly defined service-based revenue model tied to demanding workloads. Its data centers, GPU resources, power, cooling, and operations can support customer capacity needs without requiring customers to build the entire infrastructure themselves.
Improving Operating Cash FlowThe move to slightly positive operating cash flow in 2025 is an improvement in underlying cash conversion, even though the amount remains small and free cash flow is still negative. If maintained and strengthened, this could reduce reliance on external funding for routine operations.
Substantial Equity BaseA sizable absolute equity base provides some balance-sheet resources against ongoing losses and operating volatility. Although leverage has become a concern and returns are negative, retained capital can still offer the company a limited buffer while it works to improve profitability and cash generation.
Bears Say
Persistent Operating LossesNegative gross profit across three recent years indicates that the current revenue base is not covering direct operating costs, rather than merely reflecting a below-the-line issue. Deeply negative 2025 margins point to weak earnings quality and make a durable return to profitability uncertain.
Highly Volatile RevenueThe sharp reversal from strong revenue growth in 2024 to a steep decline in 2025 signals an unstable demand or execution profile. Such volatility makes capacity planning, cost absorption, and investment decisions harder, and reduces confidence that recent scale can translate into dependable earnings.
Leverage And Funding RiskDebt exceeding equity materially weakens financial flexibility while the company is reporting losses and consuming cash. Higher leverage can increase pressure to secure funding, limit investment choices, and leave less room to absorb continued operating underperformance or further cash outflows.
Northern Data AG News
NB2 FAQ
What was Northern Data AG’s price range in the past 12 months?
Northern Data AG lowest stock price was €4.62 and its highest was €17.69 in the past 12 months.
What is Northern Data AG’s market cap?
Northern Data AG’s market cap is €583.55M.
When is Northern Data AG’s upcoming earnings report date?
Northern Data AG’s upcoming earnings report date is May 19, 2027 which is in 219 days.
How were Northern Data AG’s earnings last quarter?
Northern Data AG released its earnings results on Aug 11, 2025. The company reported -€1.52 earnings per share for the quarter, missing the consensus estimate of -€0.179 by -€1.341.
Is Northern Data AG overvalued?
According to Wall Street analysts Northern Data AG’s price is currently Overvalued.
Does Northern Data AG pay dividends?
Northern Data AG does not currently pay dividends.
What is Northern Data AG’s EPS estimate?
Northern Data AG’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Northern Data AG have?
Northern Data AG has 64,196,680 shares outstanding.
What happened to Northern Data AG’s price movement after its last earnings report?
Northern Data AG reported an EPS of -€1.52 in its last earnings report, missing expectations of -€0.179. Following the earnings report the stock price went up 6.215%.
Which hedge fund is a major shareholder of Northern Data AG?
Currently, no hedge funds are holding shares in DE:NB2
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Northern Data AG Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks Smart Score
Company Description
Northern Data AG
Northern Data AG, headquartered in Frankfurt am Main, Germany, provides high-performance computing (HPC) infrastructure solutions across the globe. This infrastructure supports a diverse range of HPC applications, including cloud computing, Bitcoin hosting and associated services, the mining of various altcoins and Bitcoin, and the operation of data centers. The company officially adopted its current name, Northern Data AG, in January 2020, having previously operated as Northern Bitcoin AG.













