Nebius, a leader in AI infrastructure, has seen its stock soar 218% this year, outperforming tech giants. With multibillion-dollar contracts with Microsoft and Meta Platforms, the company is poised for massive growth.

In Q3, Nebius reported revenue of $146 million, a 355% increase year-over-year. The company’s core infrastructure business saw a 400% revenue increase, with adjusted EBITDA margins close to 19%. Nebius aims to reach $7-9 billion in annual revenue by the end of 2026, supported by new product releases and key partnerships.

Wall Street analysts give Nebius a “Moderate Buy” rating, foreseeing an 81% upside potential from the current stock price.

Read more at Barchart: Why Investors Are Suddenly Watching Nebius Stock Closely