As GPUs become an increasingly essential tool for AI developers, research groups and large businesses, Nebius has stepped in to offer high-density GPU clusters as well as cloud-computing services customised for the training and deployment of AI models. For those wishing to gain exposure to the stock by trading on a native crypto exchange, Bitunix lists a NBISUSDT perpetual contract which allows you to trade an AI infrastructure company with USDT margin 24/7. This guide covers the NBIS stock forecast: what Nebius does, its latest results and guidance, what moved the stock, the risks, and what to watch when Nebius reports its next quarter.
What is Nebius Group (NBIS Stock)?

Source: Yahoo Finance
Nebius Group, based in the Netherlands, is an AI-focused technology and cloud infrastructure company. Its headquarters are in Amsterdam, and Arkady Volozh is CEO. It emerged from the restructuring of Yandex N.V., the Russia-founded tech group, after the geopolitical events of 2022. In July 2024 Yandex N.V. completed the sale of its Russia-based businesses, and the non-Russian assets that remained became Nebius Group. Yandex had listed on NASDAQ in 2011, and trading resumed under the ticker NBIS in October 2024.
Nebius specialises in owning and running GPU-based data centre infrastructure for AI model training and inference at scale. It serves the requirements of AI startups, AI research groups and other large businesses that may prefer to acquire computing capacity as an alternative to dealing with hyperscalers.
Nebius operates data centres in Finland and France and is building capacity in the US, including Kansas City, Missouri and Vineland, New Jersey. In March 2026, NVIDIA announced a $2 billion investment in Nebius, and Nebius signed a five-year agreement with Meta worth up to about $27 billion, with capacity delivery starting in early 2027.
NBIS Stock Price and Recent Performance
NBIS stock began trading on NASDAQ under its new ticker in October 2024. Investors who want to gain exposure to the AI infrastructure play have taken notice of the stock which has moved with the volatility characteristic of an early-stage company. Factors influencing the price of NBIS stock include the rate at which Nebius' GPU cluster capacity is utilised, new customer announcements, new data centres, AI sentiment and earnings reports detailing the company's top-line revenue as well as its gross margin trend.
NBIS stock at a glance | Details |
|---|
Ticker and exchange | NBIS, NASDAQ |
Headquarters and CEO | Amsterdam, Netherlands; Arkady Volozh |
Last close (October 28, 2026) | $182.34 |
52-week range (StockAnalysis) | $73.52 to $299.86 |
Market cap (StockAnalysis) | About $50.0 billion |
Dividend | None |
Analyst consensus (StockAnalysis) | Buy (22 analysts); average target $281.00 |
Next earnings | Expected around November 10, 2026 (date to be confirmed by Nebius) |
Bitunix contract | NBISUSDT perpetual |
Latest Results: Nebius Q2 2026
Metric | Q2 2026 |
|---|
Revenue | $582.3M (+454% from $105.1M a year earlier) |
AI cloud revenue | $574.9M |
Adjusted EBITDA | $236.2M (vs a $21.0M loss a year earlier) |
Net loss from continuing operations | $190.4M |
Annualized run-rate revenue (ARR) | $3.0B at end of June (vs $1.9B at end of March) |
Capital expenditure | About $5.7B in the quarter |
2026 guidance (reaffirmed in August) | Range |
|---|
Revenue | $3.0 billion to $3.4 billion |
Year-end ARR | $7 billion to $9 billion |
Adjusted EBITDA margin | About 40% |
Capital expenditure | $20 billion to $25 billion (as reported in earnings-call coverage) |
Nebius also targets 5 gigawatts of contracted power by the end of 2026 and says it has more than $40 billion of customer commitments. Prepayments from customers are expected to exceed $9 billion this year.
NBIS Stock Forecast and Price Target
Generally speaking, the sentiment towards the NBIS stock forecast has been positive based on analysts' expectations that the AI infrastructure spending cycle will continue over the coming years. Other bullish factors include an acute scarcity of GPUs around the world, the company's niche as a non-hyperscaler which caters to AI customers in Europe, the US and the rest of the world and partnerships, including the Meta and NVIDIA agreements.
Bullish drivers for a higher NBIS price target include ongoing revenue growth from its GPU cloud computing services, rising gross margins, further data centre expansion and expansion into new regions. Nebius is guiding to $7 billion to $9 billion of ARR by the end of 2026. Risk factors include competition from larger cloud computing companies, a capital-intensive business model, and customer concentration risk. Financing is a further risk: Nebius plans to spend $20 billion to $25 billion on capex in 2026, and has been adding debt facilities, such as the Citi facility above, alongside customer prepayments.
According to StockAnalysis, the consensus rating on October 28 was Buy from 22 analysts, with an average price target of $281.00 against a price of $182.34. Analyst targets are opinions, not predictions.
What to Watch for NBIS Stock in the Next Report
Revenue and ARR against the $3.0 billion to $3.4 billion and $7 billion to $9 billion year-end targets.
Adjusted EBITDA margin against the roughly 40% guidance.
Capex, new debt facilities and customer prepayments, which show how the build-out is being funded.
Progress on contracted power and on the Meta capacity due from early 2027.
How to Trade NBIS on Bitunix
A NBISUSDT perpetual contract is available on Bitunix which lets you trade on the stock price of NBIS using USDT as margin. You don't need a brokerage account, foreign currency exchange fees, a longer time-to-settle, or own a share directly.
Step 1: Open a Bitunix Account
Sign up at Bitunix and pass the KYC process to access Futures trading. To trade on mobile, download the Bitunix app.
Step 2: Fund your Futures Wallet
Fund your account with USDT through a supported network such as TRC-20 or ERC-20. No USDT yet? Buy crypto with a card or P2P (see how One-Click Buy works) and move it to your Futures wallet.
Step 3: Search for NBISUSDT
Navigate to the Futures tab and find the NBISUSDT market. Double-check the live price, funding rate, and order book depth before getting started. Check whether the US stock market is open: outside NASDAQ hours, the price follows Bitunix's own index and mark price mechanisms.
Step 4: Place Your Order
Choose your leverage, set up your stop-loss and take-profit prices, and then place your entry order using either limit or market options. Submit your trade for either a long or short position.
Example: how leverage changes risk on NBISUSDT
Margin of 100 USDT at 10x leverage gives 1,000 USDT of exposure. A 10% move against you equals 100 USDT, your entire margin. NBIS closed at $159.17 on October 22 and at $182.34 on October 28, a gain of about 15% in the following week.
The same margin at 20x gives 2,000 USDT of exposure, so a 5% move against you wipes out your margin.
These figures are illustrative and exclude funding. Liquidation can occur before a position loses all of its margin; learn how the liquidation price works.
Why Trade NBIS Stock on Bitunix
The USDT collateralization means that AI stock lovers who don't have traditional brokerages can still trade NBIS stock. NBIS exposure is available 24/7 via Bitunix NBIS futures, so you can trade around AI sector news, or NBIS-specific news, at any time of the day or night—including during non-NYSE/NASDAQ trading hours.
NBISUSDT vs. Buying NBIS Stock
Feature | NBISUSDT on Bitunix | NBIS shares via a broker |
What you hold | A perpetual futures contract linked to the NBIS price | Actual Nebius Group shares |
Ownership | Not a shareholder; no voting rights | Shareholder rights |
Margin currency | USDT | Fiat (usually USD) |
Leverage | Adjustable, with liquidation risk | Cash or broker margin |
Direction | Long or short | Long; short via broker margin |
Trading hours | 24/7, with dedicated pricing when NASDAQ is closed | NASDAQ hours, plus extended hours at some brokers |
Settlement | No share delivery; profit and loss in USDT | T+1 share settlement |
How to compare exchanges before trading NBIS perpetuals
The leverage cap and margin rules for this specific contract.
How the exchange sets index and mark prices when NASDAQ is closed.
Order book depth and slippage on your usual position size.
Funding rate and other holding costs.
Security and transparency, such as proof of reserves and a protection fund (the Bitunix Care Fund).
Conclusion
Nebius Group has a unique position in the global AI infrastructure market, providing GPU cloud services beyond the US hyperscaler companies. For traders who want exposure to NBIS stock on a crypto-friendly platform, Bitunix's NBISUSDT contract is an effective way to trade NBIS with USDT and access the AI infrastructure stock 24/7. Growth is strong, with Q2 revenue up 454% and ARR of $3.0 billion, but the build-out is expensive and debt-funded, and NBIS stock has swung sharply. Treat the next earnings report as a test of that funding story, size positions small and set a stop-loss. Whether you're trading short-term NBIS or trying to trade the AI infrastructure theme more broadly, NBISUSDT at Bitunix is a strong way to trade Nebius stock from a crypto-native platform.
Ready to trade? Open NBISUSDT on Bitunix or create your account.
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