The artificial intelligence (AI) infrastructure provider Nebius (NASDAQ: NBIS) received a major – and first since June ended – vote of confidence from Wall Street in the form of a Baird stock price target revision.
Specifically, Baird initiated coverage of the company with an ‘Outperform’ – ‘Buy’ – rating and a $250 12-month forecast for a 15.25% rally from NBIS shares’ latest close at $216.92.
The bullish outlook is backed by the estimate that Nebius has bolstered its position as a full-stack provider with its Token Factory inference and that an ‘aggressive approach’ to mergers and acquisitions (M&A) is a welcome choice in the dynamic and rapidly evolving sector.
The Nebius Group started its life late in the last century as a search engine and operated – and traded – under the name Yandex until the 2022 Russian Invasion of Ukraine, when it was suspended from Nasdaq due to sanctions.
Its shares made a return to the public markets in 2024 after the firm sold the parts of its business in the Eastern European country and arguably joined the AI ‘boom’ in earnest earlier in 2026 with a $2 billion announced investment from Nvidia (NASDAQ: NVDA).
Analysts predict NBIS stock price in the next 12 months
Meanwhile, Baird’s coverage is roughly in line with the Wall Street average. Indeed, analysts overall consider Nebius stock a ‘Moderate Buy,’ with five positive and three ‘Neutral’ recommendations, per the data Finbold retrieved from TipRanks on July 22.
Additionally, the average 12-month price target for NBIS shares is remarkably close to Baird’s estimate, considering it forecasts a 16.57% rally to $252.86 within the timeframe.
Notably, while the latest Nebius stock price prediction is not the highest assigned within the last month, it is, nonetheless, rather bullish considering the equity fell 21.45% since June 30 – the day Goldman Sachs analyst Alexander Duval upgraded their target from $267 to $286.
2026 Nebius stock price performance
Elsewhere, NBIS shares recently started a recovery from the downturn that has been affecting them through July. Though the equity remains 23.51% in the red on the monthly chart, it is up 10.45% in the last week of trading, and it soared 18.78% during the Tuesday session.
Lastly, the long-term charts are even more favorable, and Nebius rose 141.16% in 2026 and rallied 325.25% within the last 12 months.
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