Nebius Group Stock Target Increased by Analyst
BNP Paribas analyst Stefan Slowinski has raised the price target for Nebius Group (NASDAQ: NBIS) from $260 to $399 per share, indicating a potential upside of 76%. This adjustment comes after Nebius’ stock price has already nearly tripled in 2026, with shares rising 9.5% as of 1:53 p.m. ET today.
The target increase reflects Nebius’ expanding backlog in artificial intelligence cloud infrastructure and sustained demand, evidenced by significant price increases for compute leasing. Beginning October 1, some customers using Nvidia processing chips will see rates rise by approximately 20%.
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