Review draft-BUZZ-Preview: Nebius shares soar as investors focus on artificial intelligence demand

Republished from Wednesday's BUZZ report, content unchanged

November 12 - ** Nebius Group (NBIS.O) shares soared 18.9% on Wednesday to $159.30, as the market awaits the company’s third-quarter earnings report to be released before the market opens on Thursday, with focus on demand for artificial intelligence infrastructure and capacity expansion plans

** After CoreWeave (CRWV.O), backed by Nvidia, released an optimistic earnings report and outlook, easing (link) investors’ concerns about the AI sector, NBIS shares were boosted

** According to London Stock Exchange Group (LSEG) forecasts, this cloud service company is expected to post quarterly revenue of $907.5 million, up from $146.1 million in the same period last year; adjusted earnings per share at -$0.69, compared to -$0.40 in Q3 2025

** NBIS shares have surged about 90% so far this year, far outperforming the Nasdaq index .IXIC which gained about 10%

** The Amsterdam-based company last month (link) secured a $3.5 billion credit line from Citibank to support data center development and GPU procurement amid the capacity expansion race

** Wall Street is bullish on the stock, with 16 analysts giving it a “buy” or higher rating, while only 8 rate it as “hold”; the median price target was raised to $300, up from $255 three months ago

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