S&P Global: Seaport Global initiates coverage with Buy rating, PT $540.

S&P Global: Seaport Global initiates coverage with Buy rating, PT $540.

S&P Global has initiated coverage of Nebius Group N.V. (NASDAQ:NBIS) with a Buy rating and a price target of $540, according to a recent report. The investment research firm has been closely monitoring the company's performance and has taken note of the significant revenue growth and positive adjusted EBITDA in the second quarter of 2025 Seaport Research Initiates Coverage of Nebius Group (NBIS) Stock^[2]. Nebius Group N.V. reported a substantial increase in revenue, growing by 625% year-over-year and 106% quarter-over-quarter in Q2 2025. The company's core business witnessed positive adjusted EBITDA ahead of plan, indicating strong operational performance. Seaport Research, another leading financial research firm, has also initiated coverage of Nebius Group N.V. with a Neutral rating, recognizing the potential in the neocloud space driven by healthy demand from hyperscalers Seaport Research Initiates Coverage of Nebius Group (NBIS) Stock^[2]. S&P Global's positive outlook on Nebius Group N.V. is driven by the company's aggressive expansion in AI infrastructure and its efforts to secure over 1 GW of power by the end of 2026. The firm expects the neocloud space to benefit from strong demand in the near term, but acknowledges that business models will be crucial for long-term success and potential consolidation in the market. The Buy rating and $540 price target from S&P Global suggest that the investment research firm believes Nebius Group N.V. offers strong upside potential. Investors should closely monitor the company's future earnings reports and operational performance to assess the validity of this rating.