Nebius Stock Gets Another Wall Street Upgrade. Here’s Why Investors Are Paying Attention.

Nebius (NBIS) is back in the spotlight after Freedom Capital upgraded the stock to a “Buy” rating from a “Hold” and raised its price target to $200 from $150. Analyst Paul Meeks highlighted the steep growth expectations facing NBIS stock. The company generated $399 million in revenue in the first quarter, while Wall Street expects revenue to climb to $586 million in Q2, $916 million in Q3, and $1.52 billion in Q4, marking sequential increases of 47%, 57%, and 66%, respectively.

Meeks' own projections are slightly different at $629 million, $888 million, and $1.56 billion for the final three quarters of the year. The upgrade from Freedom Capital comes as investors continue to look for companies that can benefit from the artificial intelligence (AI) boom — not just the firms building AI software, but also the companies providing the powerful computers needed to run it.