Nebius Group (NBIS) Shrugs Off Q3 Selloff as Price Targets Eye $160
Nebius Group (NBIS) reported a staggering 355% year-over-year revenue growth alongside a landmark $3 billion deal with Meta. Despite a recent selloff triggered by missed expectations, analysts remain bullish on the stock, citing its international expansion strategy as a potential solution to data-center power constraints.
The company's ability to navigate these challenges could solidify its position as a high-risk, high-reward play in the tech sector. Price targets hovering around $160 reflect lingering Optimism among institutional investors.