Rosenblatt starts coverage as Nebius Group stock costs EUR 194.43

Published on 10/12/2026 at 12:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rosenblatt set a USD 304.00 target on October 8, 2026. Nebius Group stock was EUR 194.43 at Lang & Schwarz on October 12, 2026.

Key points in brief

Rosenblatt Securities initiated Nebius coverage with a Buy rating and a USD 304.00 price target on October 8, 2026.
Nebius reported USD 582.30 million in second-quarter 2026 revenue, up 454 percent year over year.
Lang & Schwarz quoted Nebius at EUR 194.43 on October 12, 2026, while the company had a USD 53.1 billion market capitalization on October 9, 2026.
Nebius raised selected Nvidia GPU rental rates effective October 1, 2026, including a 21 percent increase for B300 capacity.

Nebius, NL0009805522, Illustration mit AI erstellt.

Rosenblatt Securities started coverage of Nebius Group with a Buy rating and a USD 304.00 price target on October 8, 2026, according to MarketBeat. Nebius Group stock was at EUR 194.43 at Lang & Schwarz on October 12, 2026 at 12:03 p.m. CEST.

Rosenblatt sets a USD 304 target

The Rosenblatt target is a new analyst view rather than a target revision. MarketBeat reported that the firm initiated coverage with a Buy rating, while its survey showed a consensus Moderate Buy rating and an average target of USD 245.69.

The target is denominated in USD, so it cannot be netted against the EUR Lang & Schwarz quote. The useful comparison is between the target frameworks: Rosenblatt's USD 304.00 target stood above the reported USD 245.69 average target.

What does the latest quarter show?

Nebius reported USD 582.30 million in revenue for the second quarter of 2026, up 454 percent year over year, and a GAAP net loss of USD 190.40 million, according to Yahoo Finance. The call also reported adjusted EBITDA of USD 236.00 million and an adjusted EBITDA margin of 41 percent for the quarter.

Management said annualized run-rate revenue reached USD 3.00 billion at the end of June 2026, up 598 percent year over year. The company reaffirmed full-year 2026 guidance for group revenue of USD 3.00 billion to USD 3.40 billion and annualized run-rate revenue of USD 7.00 billion to USD 9.00 billion.

GPU pricing adds an operating test

Nebius raised selected on-demand Nvidia GPU rental rates effective October 1, 2026. Gate News reported that B300 pricing rose to USD 9.50 per GPU-hour from USD 7.85, a 21 percent increase, while H200 pricing rose to USD 5.40 from USD 4.50, a 20 percent increase.

Those rates create a measurable test for future margins, but list prices do not by themselves establish realized revenue. Nebius' second-quarter adjusted EBITDA margin of 41 percent provides the latest reported profitability benchmark for that test.

Three dated operating signals

On August 12, 2026, the second-quarter call reported USD 582.00 million in revenue and USD 3.00 billion in annualized run-rate revenue. On October 1, 2026, selected GPU prices increased by up to 21 percent. On October 8, 2026, Rosenblatt initiated coverage with a Buy rating and a USD 304.00 target.

Trading context for Nebius

Nebius had a USD 53.1 billion market capitalization on October 9, 2026, according to the latest structured market data, while its Nasdaq 52-week range was USD 73.52 to USD 299.86. The company operates in technology and software application services, with artificial intelligence infrastructure as its central business.

At Lang & Schwarz, Nebius was quoted at EUR 194.43 on October 12, 2026 at 12:03 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Nebius stock.