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Barchart
Barchart
Faisal Humayun Khan

With a $40 Billion Backlog, Nebius Stock Appears Positioned for Sustained Growth

Nebius Group (NBIS) stock has witnessed a strong rally of 175% in the last 12 months. This rally has been backed by stellar top-line growth, a swelling contracted backlog, industry tailwinds, and EBITDA-level profitability in the most recent quarter.

Amidst the bullish momentum, there are two points worth noting. First, NBIS stock had touched all-time highs of $299.9 in June 2026. From those levels, there has been a correction of 37%.

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