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Investing.com - BWS Financial raised its price target on Nebius Group (NASDAQ:NBIS) to $90.00 from $80.00 on Friday, while maintaining a Buy rating on the stock. The company, currently trading at $67.82 with a market capitalization of $15.59 billion, has shown remarkable momentum with a 135.78% gain year-to-date according to InvestingPro data.
The research firm cited Nebius Group’s second-quarter performance, which exceeded BWS Financial’s estimates, with the company reporting that its GPU capacity sold out immediately upon availability.
BWS Financial noted that the strong demand environment has continued into the third quarter, prompting Nebius Group to raise its annual recurring revenue (ARR) forecast for the full year to a midpoint of $1 billion.
The firm believes Nebius Group’s growth trajectory warrants a higher valuation, particularly as second-quarter results validate that revenue is on pace to meet the company’s ARR guidance.
BWS Financial’s price target increase from $80.00 to $90.00 reflects its updated outlook on Nebius Group’s performance in the GPU market.
In other recent news, Nebius Group has been the focus of multiple analyst updates following its strong second-quarter 2025 results. DA Davidson raised its price target for Nebius Group from $65 to $75, maintaining a Buy rating, citing better-than-expected core revenue performance and plans to expand data centers. Additionally, DA Davidson previously increased their price target from $55 to $65, highlighting investor interest in Nebius’s non-core businesses and potential partial stake sales to fund expansions. Goldman Sachs initiated coverage on Nebius Group with a Buy rating and a price target of $68, recognizing its role in the AI Neocloud market and the growing demand for AI GPU infrastructure rental services. In other developments, Sono Group announced an extension of maturity dates for its convertible debentures in an agreement with Yorkville, moving the maturity from July 1, 2025, to August 1, 2025. DA Davidson also raised Nebius Group’s price target from $50 to $55, influenced by Meta (NASDAQ:META)’s substantial investment in Scale AI. These recent developments highlight a period of significant activity and analyst interest in Nebius Group’s financial and strategic initiatives.
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