Wedbush Predicts 30 Companies to Shape AI Future, Including CrowdStrike, Roblox, GE Vernova, Nebius

Wedbush has identified 30 firms that will define the future of AI, including CrowdStrike, Roblox, and GE Vernova. Nebius Group NV is a Netherlands-based infrastructure company focused on developing AI-related technology assets, including a cloud platform, autonomous vehicle development team services, and generative AI. The company operates under three brands: Toloka AI, TripleTen, and Avride.

Title: Nebius Group NV: A Key Player in the AI Infrastructure Landscape

Nebius Group NV, a Netherlands-based technology company, has emerged as a significant player in the global AI infrastructure market. The company, formerly known as Yandex N.V., changed its name to Nebius Group N.V. in August 2024. Nebius Group specializes in building full-stack infrastructure to service the AI industry, offering large-scale GPU clusters, cloud platforms, and tools for developers. Additionally, the company provides Toloka, a data partner for generative AI development; TripleTen, an edtech platform for reskilling in technology; and Avride, which focuses on autonomous driving technology and delivery robotics [1].

The company's strategic focus on energy efficiency and scalability has positioned it as a leader in the AI infrastructure boom. Nebius Group leverages the Annualized Run-Rate Revenue (ARR) per Megawatt (MW) metric to optimize its cloud infrastructure efficiency. By Q4 2025, the company achieved $5.1M–$6.3M revenue per active MW, indicating a robust operational efficiency [2].

Nebius Group's aggressive expansion plans include securing 1 GW of power by 2026, which could drive total revenue to $5.1B–$6.3B. This growth is projected to position the company for a $100B+ enterprise value at 16x–20x revenue multiples, reflecting the company's ability to monetize power capacity at rates far exceeding industry benchmarks [2].

The company's vertical integration of NVIDIA Blackwell GPUs and custom software, along with greenfield projects in the U.S. and Europe, creates scalable competitive advantages. Additionally, partnerships with Mistral, Base 10, and NVIDIA DGX Cloud Lepton further enhance its platform's capabilities and drive demand for its infrastructure [2].

Despite the challenges of securing 1 GW of power by 2026, Nebius Group's current peak utilization rates and sold-out Hopper GPU inventory indicate robust demand and leverage in negotiating favorable power terms. The company's focus on GPU-ready capacity ensures that new infrastructure can be activated quickly as deployments scale [2].

Investors view Nebius Group as a high-growth AI infrastructure stock with significant potential. Its diversified offerings and global presence make it a strong contender in the AI ecosystem. The company's valuation appears attractive, with a price-to-sales ratio of 68 and a market cap of $17 billion. Analysts project a one-year target price of $89 per share, implying further upside from its current price of around $71 per share [3].

References
[1] https://finance.yahoo.com/quote/NBIS/
[2] https://www.ainvest.com/news/nebius-group-arr-mw-catalyst-100b-enterprise-ai-infrastructure-era-2508/
[3] https://247wallst.com/investing/2025/08/16/is-this-ai-stock-growing-10x-the-most-undervalued-ai-stock-no-its-not-nvidia/