Nebius Group(NBIS) shares soar 5.79% on strong Q1 revenue outlook

Nebius Group(NBIS) shares surged 5.79% today, marking the sixth consecutive day of gains, with a cumulative increase of 48.19% over the past six days. The share price reached its highest level since February 2025, with an intraday gain of 7.92%.

The strategy of buying NBIS shares after they reached a recent high and holding for 1 week resulted in a 2.16% return over the past 5 years, underperforming the market by 0.84%. This suggests that this strategy did not capitalize on the broader market momentum effectively.

Nebius Group N.V. is anticipated to report a substantial increase in Q1 revenue, reaching $57.7 million, a 52% sequential rise from $37.9 million in Q4 2024. This projected growth underscores the company's robust financial performance and market momentum.

DA Davidson has raised its price target for Nebius Group shares from $30.00 to $35.00, maintaining a Buy rating. This adjustment reflects positive analyst sentiment and the potential for further stock price appreciation, driven by the company's strong financial outlook and market position.

On May 12, 2025, Nebius Group's stock experienced a significant surge of 17%, fueled by news related to Clickhouse. This surge highlights the strong market interest and appetite for tech-driven investments, further bolstering investor confidence in the company's growth prospects.