NBIS is trading at $219.91 (+6.10%) on continued post-earnings momentum and enthusiasm for its new gigawatt-scale AI factory plans.
- Revenue surged 684% YoY to $399M, crushing estimates fueled by massive AI cloud growth, a Meta deal, and strategic NVIDIA investment.
- Technical indicators are signaling further strength with a MACD buy signal and a recent BofA analyst upgrade to a $205 price target.
- The stock is extending yesterday's 15.98% gain as the company aggressively scales its infrastructure to meet surging demand for AI compute.