Nebius Secures Over $20 Billion in Data Center Contracts Amid AI Demand Surge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2026
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Source: NASDAQ.COM
- Strong Market Demand: Nebius operates in a market where demand for data center capacity significantly outpaces supply, with U.S. data center demand projected to exceed supply by 10 GW by 2028, highlighting its robust position in the AI computing power sector.
- Significant Contract Backlog: The company currently holds a contractual backlog exceeding $20 billion, which is expected to drive substantial growth over the next five years, reflecting its strong appeal in the AI infrastructure services market.
- Diverse Client Base: Nebius counts major tech players like Meta and Microsoft among its clients, with the latter signing a long-term deal worth $17.4 billion in 2021, further solidifying its market position.
- Massive Growth Potential: Nebius aims to increase its contracted power capacity target from 1 GW to 2.5 GW by 2026, demonstrating its strategic commitment to meet the surging demand for AI data center capacity.
Analyst Views on NBIS
Wall Street analysts forecast NBIS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NBIS is 164.20 USD with a low forecast of 130.00 USD and a high forecast of 211.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 96.850
Low
130.00
Averages
164.20
High
211.00
Current: 96.850
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.
