Nebius Group Reports Remarkable Growth Amid AI Demand
Nebius Group (NASDAQ: NBIS), a cloud computing specialist for artificial intelligence workloads, has announced an extraordinary growth rate of 684% for the first quarter ending March 31, 2026. The company is rapidly expanding its data center footprint, increasing the number of sites that utilize 100 megawatts or more from one to seven within the quarter.
Projected revenue growth shows an annual run rate expected to rise from $1.25 billion at the end of 2025 to between $7 billion and $9 billion by the end of 2026. Wall Street analysts foresee revenue growth of 551% in 2026 and 224% in 2027, marking an overall increase of 2,011% from 2025 to 2027. Currently, the stock has surged by 135% so far in 2026.
Despite its impressive growth, Nebius is not yet profitable and is actively engaging in debt financing, stock issuance, and attracting outside investors to sustain its expansion in the booming AI market.
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