Skip to contentHome page Seeking Alpha - Power to InvestorsNetherlandsOct 19, 2026, 2:22 PM ETNebius Group N.V. (NBIS) StockSalix Research829 FollowersNebius remains a Buy, supported by robust neocloud market trends, strong Q2 results, and superior execution versus peers.Q2 revenue surged 454% YoY, ARR reached $3bn (up 56% QoQ), and management targets 5GW operational capacity by 2030.The recent Palantir partnership validates NBIS’s differentiated AI-native platform and positions it for sovereign AI growth opportunities.Despite sector volatility and elevated valuation, NBIS offers substantial upside and margin of safety; it is best sized as a smaller, hedged portfolio position.Nikada/iStock via Getty ImagesWe present our follow-up note on Nebius (NBIS), reiterating strong confidence in our Buy thesis. Our view remains underpinned by a robust outlook for the neocloud market, reinforced by the company’s Q2 results and the positive industry signals discussedThis article was written bySalix Research829 FollowersL/S Equity, Event-Driven, and Activism. Independent and differentiated fundamental analysis.I am a former hedge fund analyst with a passion for research and analysis in my free time. I am to identify attractive investment opportunities and provide added value to my readersAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.