Nebius stock: Piper Sandler keeps Nebius stock Neutral at USD 185.00

Published on 10/23/2026 at 16:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 454.00 percent year over year. Nebius stock costs EUR 144.38 on October 23, 2026, up 0.75 percent versus the Xetra close.

Analyst target and reporting date

Piper Sandler maintained a Neutral rating and a USD 185.00 target on October 21, 2026.
Nebius reported second-quarter revenue of USD 582.30 million, up 454.00 percent year over year.
Nebius stock costs EUR 144.38 at Lang & Schwarz on October 23, 2026 at 4:02 p.m. CEST, 0.75 percent above the Xetra close.
Nebius is scheduled to report third-quarter results on November 12, 2026.

Nebius, NL0009805522, Illustration mit AI erstellt.

Piper Sandler maintained a Neutral rating on Nebius and set a USD 185.00 price target after cutting it from USD 237.00, as MarketBeat reported on October 21, 2026. The target lies 15.31 percent above the Nasdaq price of USD 160.44 at 10:09 a.m. ET on October 23, 2026. At Lang & Schwarz, Nebius stock was trading at EUR 144.38 on October 23, 2026 at 4:02 p.m. CEST, up 0.75 percent versus the Xetra close of October 22, 2026.

Revenue growth sets the scale

Nebius reported second-quarter revenue of USD 582.30 million, up 454.00 percent year over year, while adjusted EBITDA margin reached 41.00 percent, compared with 32.00 percent in the first quarter. The figures come from the company's second-quarter earnings call on August 12, 2026, documented by Yahoo Finance. Annualized run-rate revenue reached USD 3.00 billion at the end of June, up 598.00 percent from a year earlier.

Stock sits below its yearly high

The Nasdaq quote of USD 160.44 was 46.49 percent below Nebius's 52-week high of USD 299.86 and 118.22 percent above its 52-week low of USD 73.52 on October 23, 2026. The same quote carried a price-to-earnings ratio of minus 1,242.31, market capitalization of USD 38.5 billion and volume of 4,736,592 shares at 10:09 a.m. ET. These measures place the stock near the lower half of its annual range despite the sharp revenue expansion.

Results date and valuation spread

Nebius is scheduled to report third-quarter 2026 results on November 12, 2026, before the market opens, according to Seeking Alpha. The listed consensus calls for revenue of USD 904.81 million and a normalized loss of USD 0.66 per share. The next report therefore carries a higher revenue bar than the USD 582.30 million delivered in the second quarter.

Comparison with peers

Nebius (Nasdaq, USD): plus 0.75 percent versus the Xetra close, P/E minus 1,242.31, market capitalization USD 38.5 billion.

CoreWeave (Nasdaq, USD): minus 1.30 percent on October 23, 2026, P/E minus 15.03, market capitalization USD 30.3 billion.

Palantir Technologies (Nasdaq, USD): minus 0.36 percent on October 23, 2026, P/E 165.18, market capitalization USD 449.7 billion.

Price and the next report

Nebius combines rapid top-line growth with a deeply negative trailing price-to-earnings ratio and a valuation well below its annual high. The next dated test is the November 12, 2026 earnings release, while the current euro quote remains above the previous Xetra session's closing level.

Nebius stock was trading at EUR 144.38 at Lang & Schwarz on October 23, 2026 at 4:02 p.m. CEST, 0.75 percent above the Xetra close of October 22, 2026 at EUR 143.30. The further course of trading is shown by the continuously updated real-time quote of Nebius stock.