Citizens raised its price target on Nebius (NASDAQ: NBIS) from $175 to $270 on May 14 while maintaining a ‘Market Outperform’ rating due to the company’s accelerating artificial intelligence (AI) expansion and strong first-quarter fiscal 2026 results.
Analyst Greg Miller pointed to Nebius’ “hyper-growth” profile, arguing for the technology stack, power resources, and data center capacity as key competitive advantages.
More specifically, Nebius said it expects to end 2026 with 4GW of contracted capacity, marking its fourth consecutive quarterly increase, which Miller believes could position the company alongside rivals such as CoreWeave (NASDAQ: CRWV).
“We believe the company is blending a solid mix of digital infrastructure assets, which when combined with its token-creating proprietary applications will create meaningful incremental shareholder value,” Miller wrote.
‘Nebius is on track to reach its long-term goals’
Meanwhile, DA Davidson raised its price target on Nebius from $200 to $250 and kept its ‘Buy’ rating on May 13, also pointing to continued strong demand signals.
Analyst Alexander Platt was further bullsh on contracted power guidance in 2026, which was raised from 3GW to 4GW, alongside a 5GW active power target by 2030.
“We believe that Nebius is well on-track to reach their long-term target of 5GW active power by 2030, with anticipation of a new large-scale deal announcement in the near-to-medium term,” Platt wrote.
On May 14, Morgan Stanley raised its NBIS forecast from $126 to $144, albeit with a ‘Hold’ rating.
Nebius stock price target
Wall Street remains bullish on Nebius Group, with analysts maintaining a ‘Strong Buy’ consensus on the stock according to data compiled from 11 analysts over the past three months on TipRanks.
NBIS stock price target. Source: TipRanks
The same analysts currently project an average 12-month NBIS share price target of $197.20, slightly below the stock’s last trading price of $207.27, implying potential downside of roughly 4.9% after the company’s explosive gains.
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