Nebius Group N.V. (NBIS) is projecting robust growth with a pipeline expected to surpass $4 billion in early 2026, driven by increased demand for AI cloud services. During its latest earnings call, the company noted a nearly 50% increase in contract durations in Q4 2025, indicating a shift toward long-term customer commitments. Nebius aims for annualized run-rate revenue (ARR) between $7 billion and $9 billion for 2026 and plans to expand capacity with nine new data centers, targeting 800 megawatts to 1 gigawatt of available data center capacity by year-end 2026.
Additionally, Nebius reported consistent capacity sellouts, illustrating a supply-demand imbalance, and expects significant revenue growth of $3 billion to $3.4 billion for 2026, alongside an adjusted EBITDA margin around 40%. In terms of market position, shares of Nebius have risen 48.8% over the past three months compared to a 2.9% decline in the Internet Software and Services industry.
