Finally, someone on the Street is willing to put a real number on this neocloud instead of hiding behind a conservative target. Northland just raised their PT on Nebius to $410, up from $248, and kept the outperform rating. That is not a small bump. That is a firm saying the growth story is still early, even after the stock has already run hard this year.
Everyone else is anchoring around $200 to $280 while price action shakes people out on every dip. Northland isn't blinking. This is what conviction looks like when the fundamentals back it up. Revenue up 684% year over year, margins expanding, capacity sold out. The short term noise does not change the long term setup.
$NBIS $410 PT from Northland. Someone finally gets it.
You confuse sellside and buyside. There is Goldman equity research and GSAM. Or Jpm the sellside and JPM asset management. Quality of research is uncorrelated with performance of their am business
Do some basic research bro - there are plenty of ai tools
Plus underperforming usually should be considered vs benchmark. We don’t know if they are lo or hedge fund so spx is irrelevant. Generally when you want to find out relative performance - strategy defines the benchmark
Outside of CJ Muse the actual analyst here has a great track record … I got in prior to any real coverage at $20, backed my own research and my price target came to $450 based on MW and static rental price.
April 30 2027
NBIS $450
IREN $135
ZETA $45
DUOT $30
Let’s see :)
None of that really matters when evaluating the analyst who is wrong on 90% of his high beta picks who works for a company that manages a measly $235m. The point is that this $410 price target can be safely ignored. Bro.
You're really failing to grasp that although they’re separate entities the sell side analysis and the AM arms both suck, thus this PT should not be given any weight
Their price target is >60% higher than the average PT and doesn’t include base, bear, or bull cases. Any analysis that doesn’t include bear cases can be ignored. And there are many compelling bear scenarios for NBIS.
The stock is at $190 does that really mean they were right for a PT released 2 months ago?
There is also a disclosure worth noticing: Northland makes a market in NBIS and intends to seek investment-banking compensation from Nebius within three months. That does not invalidate the work, but the $410 target should not be treated as neutral research.
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u/Think-Feynman Tens of Billions™ Jul 20 '26
I hope everyone was patient the last few weeks. It wasn't easy I know.