For the first quarter of 2026, analysts anticipate Nebius Group will report a consensus revenue of $375.13 million and an adjusted EPS loss of $0.81, while the current stock price of $186.00 remains above the average analyst price target of $168.50.
Investors are primarily focused on the company's trajectory toward its ambitious full-year 2026 Annual Recurring Revenue (ARR) target of $7 billion to $9 billion.
This performance is critical as the neocloud provider rapidly scales GPU capacity to service a $50 billion contracted backlog, headlined by massive infrastructure deals with Microsoft and Meta. Further momentum is supported by a recent $2 billion strategic investment from NVIDIA and the $643 million acquisition of Eigen AI to optimize inference workloads.