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Nebius Group Shares Surge on Strong AI Cloud Earnings and Upbeat Guidance
Nebius Group Shares Surge on Strong AI Cloud Earnings and Upbeat Guidance
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BTCCSquare news:
Nebius Group (NBIS) shares soared 24.5% to $22.31 after the AI-focused cloud platform reported better-than-expected Q2 2025 results. Revenue hit $105.1 million, surpassing the $101.2 million consensus, while the $0.38 per-share loss narrowed from estimates of $0.42.
The rally stems from management's aggressive upward revision of 2025 revenue guidance to $900M-$1.1B, a 20% increase at the midpoint. CEO Arkady Volozh highlighted exponential AI infrastructure demand, with plans to secure over 1 GW of power capacity by 2026 to meet growing compute needs.
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