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Nebius Soars: AI Cloud Stock Explodes 684%!
13 Jun
Summary
- Nebius reported a 684% growth rate in the first quarter.
- Data center capacity surged, from one to seven sites.
- Projected revenue to reach $7B-$9B by end of 2026.
Nebius Group (NASDAQ: NBIS) is experiencing remarkable expansion, fueled by the immense demand for artificial intelligence (AI) computing power. In the first quarter of 2026, the neocloud company achieved an astonishing growth rate of 684%. This rapid increase is attributed to Nebius's aggressive expansion of its data center infrastructure.
The company's data center capacity has dramatically increased, growing from just one site with 100 megawatts or more of power at the end of 2025 to seven such sites by the first quarter of 2026. Nebius has ambitious plans, aiming to grow its annual revenue run rate from $1.9 billion at the end of Q1 2026 to between $7 billion and $9 billion by the end of 2026.
Wall Street analysts anticipate continued strong performance, with projected revenue growth of 551% in 2026 and 224% in 2027. This would represent a total revenue growth of 2,011% from the end of 2025 to the end of 2027. Despite not yet being profitable and funding its growth through debt and stock issuance, Nebius's significant expansion and market position suggest substantial future upside.
