Nebius Stock (NBIS) Dips Amid Mixed Q3 Earnings and Divergent Analyst Views
Nebius (NBIS) shares declined 6.46% on Thursday despite maintaining a 218.63% year-to-date gain, as analysts delivered mixed assessments following the company's Q3 earnings report. The cloud computing firm posted adjusted EPS of -$0.40, beating the -$0.56 consensus estimate, while revenue of $146.1 million fell short of the $155.11 million forecast.
D.A. Davidson's Alex Platt reaffirmed a Buy rating with a $150 target (69% upside potential), while Northland's Nehal Chokshi raised his target to $211 (137% upside). In contrast, AI analyst Chloe Pagella maintained a Hold rating while cutting the price target to $94, suggesting minimal upside. The divergent views reflect both the 237% YoY revenue growth and persistent profitability challenges in the competitive cloud sector.
