**Nebius Group N.V. (NBIS)** shares rose **57.3%** over the past month, outperforming the Zacks Computer & Technology sector (up **10.1%**) and the Zacks Internet Software Services industry (up **10.6%**). The company announced a **$1 billion** private placement in convertible notes on June 2, contributing to a **9.4%** increase in share price since then, closing last at **$39.39**. Despite this growth, shares remain **22.6%** below their 52-week high.
For the first quarter of 2025, Nebius reported a **385%** year-over-year revenue growth, with an **annualized run-rate revenue (ARR)** jump of **700%**, reaching **$310 million** for April. The company aims for a full-year ARR between **$750 million** and **$1 billion**, reaffirming total revenue guidance of **$500 million to $700 million** for 2025. However, NBIS remains unprofitable, projecting negative adjusted EBITDA for the entire year, while raising its capital expenditure forecast to **$2 billion** from **$1.5 billion**.
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