Nebius Reports Q4 Results, Stock Declines Despite EPS Beat
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2026
0mins
Should l Buy NBIS?
Source: Benzinga
- Financial Highlights: Nebius reported an adjusted loss of $0.68 per share for Q4, beating the consensus estimate of a $1.14 loss, although revenue of $227.7 million fell short of the expected $246.04 million, indicating challenges in revenue growth despite positive EPS performance.
- Core Business Growth: The core AI cloud revenue surged over 800% year-over-year, accounting for approximately 94% of total revenue, demonstrating that demand in this sector exceeded the company's capacity, reflecting strong market interest in AI solutions despite overall revenue misses.
- First Positive EBITDA: The adjusted EBITDA for Q4 reached $15 million, marking the first quarter of positive EBITDA at the group level, with the core AI cloud business generating $51.8 million in EBITDA at a 24% margin, indicating significant improvements in business profitability.
- Future Outlook: Nebius anticipates annualized run-rate revenue of $7 billion to $9 billion by the end of 2026, having surpassed its 100 megawatt active power target, and expects to secure over 3 gigawatts of contracted power by 2026, showcasing strong potential for capacity expansion and market share growth.
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Analyst Views on NBIS
Wall Street analysts forecast NBIS stock price to rise
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 107.610
Low
130.00
Averages
164.20
High
211.00
Current: 107.610
Low
130.00
Averages
164.20
High
211.00
About NBIS
Nebius Group NV is a Netherlands-based infrastructure company operating in the technology industry. The Company is engaged in developing a portfolio of artificial intelligence-related technology assets. It is involved in creating an artificial intelligence-centric player to integrate the essential elements of artificial intelligence development with infrastructure, data and advisory globally. It offers products and services such as a cloud platform for artificial intelligence-related workloads, development team services for autonomous vehicles, development of generative artificial intelligence. Nebius builds full-stack infrastructure to service the growth of the global AI industry, including GPU clusters, cloud platforms and tools and services for developers. Company is developing three other businesses that operate under their own brands: Toloka AI, TripleTen and Avride.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Analysis of Nebius' Fourth Quarter Earnings Report
- Earnings Overview: Nebius' fourth quarter earnings report for 2026 indicates stable performance, although specific financial metrics were not detailed in the video, reflecting the company's resilience in the market.
- Call Comments: During the earnings call, management expressed a cautious outlook, emphasizing uncertainties in the market environment that could impact future growth strategies.
- Investor Engagement: The mention of a special offer link in the video suggests an effort to engage investors actively, indicating the company's commitment to enhancing market confidence.
- Market Reaction: As of February 13, 2026, Nebius' stock price rose by 4.39%, demonstrating a positive market response to the earnings report and management comments, potentially signaling investor optimism about the company's future prospects.
See More
CoreWeave's Financing Woes Trigger Market Sell-Off
- Financing Challenges: CoreWeave faces significant financing friction for its ambitious infrastructure expansion, leading to a stock sell-off that undermines investor confidence in its flagship GPU-as-a-service model, highlighting concerns over liquidity in the AI infrastructure sector.
- Market Contagion: Blue Owl's decision to halt quarterly redemptions for its retail fund is interpreted as a warning signal for liquidity issues, causing stock declines in Nebius and Applied Digital, both of which operate in the same capital-intensive ecosystem.
- Shifting Investor Sentiment: Despite assurances from CoreWeave and Blue Owl regarding a $500 million bridge loan and intact project timelines, market reactions indicate that investors are increasingly focused on the solidity of data center financing rather than just growth metrics and GPU counts.
- Uncertain Industry Outlook: The stock declines of CoreWeave, Nebius, and Applied Digital reflect a growing uncertainty about the future of AI infrastructure, with investors urgently seeking stronger financing assurances to restore confidence in this capital-intensive industry.
See More
Nebius' AI Infrastructure Surge Returns—And the Data Reveals the Reasons
Recent Performance Surge: Nebius Group has seen a significant increase in its stock price, surging over 21% in the past week, driven by positive guidance and bullish analyst upgrades, positioning itself as a potential leader in the AI infrastructure space.
Quarterly Results Overview: The company reported mixed fourth-quarter results with revenues of $227.7 million, below estimates, but still showing strong year-over-year growth of 547%. Adjusted EBITDA was significantly lower than expected, but management remains optimistic about future demand.
Future Projections: Nebius has set ambitious revenue targets for 2026, aiming for $3 billion to $3.4 billion, indicating confidence in continued demand and growth in the AI sector, alongside plans to increase its contracted power capacity.
Analyst Sentiment: Analysts have expressed bullish sentiments towards Nebius, with several upgrades and price targets suggesting substantial upside potential, despite recent mixed quarterly results, highlighting the company's strong market position and growth prospects.
See More
Comparing Investment Value: Nebius vs. UiPath
- Nebius Rapid Growth: Nebius reported a staggering 479% year-over-year revenue growth and 547% quarter-over-quarter growth in Q4 2025, yet remains unprofitable with a capital expenditure ratio of 765.63%, raising concerns about its current stock price of $103.94.
- UiPath's Profitability: UiPath's latest quarterly results show a 16% year-over-year revenue increase, and the company is now profitable, with a market cap of $6 billion at a current stock price of $11.51, indicating its stability and attractiveness in the market.
- Market Performance Comparison: While Nebius's stock has surged over 114% in the past year, its high-risk profile and capital expenditures diminish its investment appeal; in contrast, UiPath's steady growth and cash flow expectations position it as a safer investment choice.
- Investment Recommendation: Between the two, UiPath is recommended as the better long-term investment due to its stronger fundamentals and lower execution risk, whereas Nebius presents greater market volatility risks.
See More
Comparative Analysis of Nebius and UiPath Earnings Reports
- Nebius Revenue Surge: Nebius reported a staggering 547% increase in quarterly revenue compared to the previous year, with a 479% year-over-year growth, yet the company remains unprofitable and faces high capital expenditures, indicating significant pressure despite rapid scaling.
- UiPath Achieves Profitability: UiPath reached its first GAAP profitable quarter in Q3 of fiscal 2026, with a 16% year-over-year revenue increase, and anticipates continued revenue growth and improved cash flow, showcasing a solid financial foundation.
- Market Performance Comparison: Nebius's stock has risen over 114% in the past 12 months, but its high valuation warrants caution for investors; in contrast, UiPath's stock trades at a deeper discount, presenting a more attractive investment opportunity.
- Investment Choice Recommendation: Analysts suggest that while Nebius has an exciting outlook, the higher execution risk makes UiPath the preferable long-term investment for those seeking steady growth and strong fundamentals.
See More
Recent Updates on Nebius and Other AI Stocks
- Stock Performance Review: Nebius shares rose by 5.76% in after-market trading on February 12, 2026, indicating optimistic market sentiment towards its future developments, which may reflect investor confidence in the AI sector's prospects.
- Video Content Overview: The video discusses recent updates affecting Nebius and other AI stocks, providing in-depth analysis of market trends aimed at helping investors better understand the current investment landscape.
- Subscription and Offers: The video encourages viewers to subscribe to the channel and click on the special offer link below, indicating the content creator's desire to enhance viewer engagement and expand the channel's influence and audience base.
- Market Focus: As the AI industry rapidly evolves, investor interest in related stocks continues to rise, with Nebius's performance potentially serving as a key indicator of the overall health of the sector.
See More
Analysis of Nebius' Fourth Quarter Earnings Report
- Earnings Overview: Nebius' fourth quarter earnings report for 2026 indicates stable performance, although specific financial metrics were not detailed in the video, reflecting the company's resilience in the market.
- Call Comments: During the earnings call, management expressed a cautious outlook, emphasizing uncertainties in the market environment that could impact future growth strategies.
- Investor Engagement: The mention of a special offer link in the video suggests an effort to engage investors actively, indicating the company's commitment to enhancing market confidence.
- Market Reaction: As of February 13, 2026, Nebius' stock price rose by 4.39%, demonstrating a positive market response to the earnings report and management comments, potentially signaling investor optimism about the company's future prospects.
See More
CoreWeave's Financing Woes Trigger Market Sell-Off
- Financing Challenges: CoreWeave faces significant financing friction for its ambitious infrastructure expansion, leading to a stock sell-off that undermines investor confidence in its flagship GPU-as-a-service model, highlighting concerns over liquidity in the AI infrastructure sector.
- Market Contagion: Blue Owl's decision to halt quarterly redemptions for its retail fund is interpreted as a warning signal for liquidity issues, causing stock declines in Nebius and Applied Digital, both of which operate in the same capital-intensive ecosystem.
- Shifting Investor Sentiment: Despite assurances from CoreWeave and Blue Owl regarding a $500 million bridge loan and intact project timelines, market reactions indicate that investors are increasingly focused on the solidity of data center financing rather than just growth metrics and GPU counts.
- Uncertain Industry Outlook: The stock declines of CoreWeave, Nebius, and Applied Digital reflect a growing uncertainty about the future of AI infrastructure, with investors urgently seeking stronger financing assurances to restore confidence in this capital-intensive industry.
See More
Nebius' AI Infrastructure Surge Returns—And the Data Reveals the Reasons
Recent Performance Surge: Nebius Group has seen a significant increase in its stock price, surging over 21% in the past week, driven by positive guidance and bullish analyst upgrades, positioning itself as a potential leader in the AI infrastructure space.
Quarterly Results Overview: The company reported mixed fourth-quarter results with revenues of $227.7 million, below estimates, but still showing strong year-over-year growth of 547%. Adjusted EBITDA was significantly lower than expected, but management remains optimistic about future demand.
Future Projections: Nebius has set ambitious revenue targets for 2026, aiming for $3 billion to $3.4 billion, indicating confidence in continued demand and growth in the AI sector, alongside plans to increase its contracted power capacity.
Analyst Sentiment: Analysts have expressed bullish sentiments towards Nebius, with several upgrades and price targets suggesting substantial upside potential, despite recent mixed quarterly results, highlighting the company's strong market position and growth prospects.
See More
Comparing Investment Value: Nebius vs. UiPath
- Nebius Rapid Growth: Nebius reported a staggering 479% year-over-year revenue growth and 547% quarter-over-quarter growth in Q4 2025, yet remains unprofitable with a capital expenditure ratio of 765.63%, raising concerns about its current stock price of $103.94.
- UiPath's Profitability: UiPath's latest quarterly results show a 16% year-over-year revenue increase, and the company is now profitable, with a market cap of $6 billion at a current stock price of $11.51, indicating its stability and attractiveness in the market.
- Market Performance Comparison: While Nebius's stock has surged over 114% in the past year, its high-risk profile and capital expenditures diminish its investment appeal; in contrast, UiPath's steady growth and cash flow expectations position it as a safer investment choice.
- Investment Recommendation: Between the two, UiPath is recommended as the better long-term investment due to its stronger fundamentals and lower execution risk, whereas Nebius presents greater market volatility risks.
See More
Comparative Analysis of Nebius and UiPath Earnings Reports
- Nebius Revenue Surge: Nebius reported a staggering 547% increase in quarterly revenue compared to the previous year, with a 479% year-over-year growth, yet the company remains unprofitable and faces high capital expenditures, indicating significant pressure despite rapid scaling.
- UiPath Achieves Profitability: UiPath reached its first GAAP profitable quarter in Q3 of fiscal 2026, with a 16% year-over-year revenue increase, and anticipates continued revenue growth and improved cash flow, showcasing a solid financial foundation.
- Market Performance Comparison: Nebius's stock has risen over 114% in the past 12 months, but its high valuation warrants caution for investors; in contrast, UiPath's stock trades at a deeper discount, presenting a more attractive investment opportunity.
- Investment Choice Recommendation: Analysts suggest that while Nebius has an exciting outlook, the higher execution risk makes UiPath the preferable long-term investment for those seeking steady growth and strong fundamentals.
See More
Recent Updates on Nebius and Other AI Stocks
- Stock Performance Review: Nebius shares rose by 5.76% in after-market trading on February 12, 2026, indicating optimistic market sentiment towards its future developments, which may reflect investor confidence in the AI sector's prospects.
- Video Content Overview: The video discusses recent updates affecting Nebius and other AI stocks, providing in-depth analysis of market trends aimed at helping investors better understand the current investment landscape.
- Subscription and Offers: The video encourages viewers to subscribe to the channel and click on the special offer link below, indicating the content creator's desire to enhance viewer engagement and expand the channel's influence and audience base.
- Market Focus: As the AI industry rapidly evolves, investor interest in related stocks continues to rise, with Nebius's performance potentially serving as a key indicator of the overall health of the sector.
See More
