Rosenblatt sets USD 304 target for Nebius stock

Published on 10/21/2026 at 11:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 582.30 million, up 454.00 percent. Nebius stock costs EUR 157.54 on October 21, 2026.

Evidence before the next report

Rosenblatt initiated coverage with a USD 304.00 target on October 7, 2026.
Second-quarter revenue reached USD 582.30 million, up 454.00 percent year over year.
Nebius stock was trading at EUR 157.54 at 11:30 a.m. CEST at Lang & Schwarz on October 21, 2026.
MarketBeat estimates the next report for November 10, 2026.

Nebius, NL0009805522, Illustration mit AI erstellt.

Nebius stock (ISIN NL0009805522) was trading at EUR 157.54 at Lang & Schwarz on October 21, 2026, at 11:30 a.m. CEST. Yahoo Finance reported on October 14, 2026, that Rosenblatt initiated coverage on October 7 with a Buy rating and a USD 304.00 price target.

USD 304 target resets valuation

The target came after Nebius reported second-quarter revenue of USD 582.30 million, an increase of 454.00 percent from the year-earlier quarter. The same report cited adjusted EBITDA of USD 236.20 million and management guidance for 2026 capital expenditures of USD 20.00 billion to USD 25.00 billion.

Equibles wrote on October 19, 2026, that its Q3 revenue forecast is USD 934.50 million, compared with a USD 904.80 million consensus estimate. Its model also puts adjusted EBITDA margin at 40.00 percent for the quarter, versus 41.00 percent in the second quarter.

What does Q3 revenue need to reach?

The upcoming report will test whether new AI cloud capacity converted into sales during the quarter. Equibles said Nebius ended June with USD 3.00 billion of annualized recurring revenue and reported remaining performance obligations of USD 37.50 billion as of June 30, 2026.

Three dated checkpoints

On August 12, 2026, Nebius reported second-quarter revenue of USD 582.30 million. On October 7, 2026, Rosenblatt initiated coverage with a USD 304.00 target. On October 19, 2026, Equibles forecast Q3 revenue of USD 934.50 million against USD 904.80 million consensus.

Reporting date remains estimated

MarketBeat estimates that Nebius will report third-quarter 2026 results on November 10, 2026, before the market opens, with the conference call scheduled for 8:00 a.m. ET.

Stock trades ahead of the test

The Lang & Schwarz quote places the euro indication at EUR 157.54 on October 21, 2026. The primary listing is Nasdaq, where the company trades under NBIS; finance data place its market capitalization at USD 41.1 billion as of October 21, 2026, with a 52-week range of USD 73.52 to USD 299.86.

Nebius stock was trading at EUR 157.54 at Lang & Schwarz on October 21, 2026, at 11:30 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Nebius stock.