Nebius' 684% Revenue Surge Hides A Risk Nobody's Talking About

Nebius Group N.V. earns a Strong Buy rating, driven by explosive AI compute demand and transformative power infrastructure partnerships. NBIS posted 684% revenue growth to $399M and expanded gross margins to 74%, confirming robust economics as hyperscale capacity comes online. The Bloom Energy deal accelerates data center power delivery, potentially unlocking $4B in recurring revenue and supporting a $7–9B ARR target by 2026.