Nebius is projected to have a significant revenue increase next year due to its substantial backlog and capacity expansion plans supporting growth in 2026. The company saw a 166% gain in the past year, driven by demand for AI computing power. Nebius offers full-stack AI services, aiming to capitalize on the growing AI market. Revenue surged by 437% to $302 million in the first nine months of 2025, with an aim to reach $7-9 billion by 2026. With contracts from Meta Platforms and Microsoft creating a backlog of over $20 billion, Nebius plans to increase data center capacity to support its rapid growth. Despite trading at a high multiple of 65 times sales, Nebius’ growth prospects may justify its valuation, potentially leading to market cap gains of 33% in 2026. The company aims to deliver $3.3 billion in revenue next year, leveraging its backlog to exceed Wall Street’s expectations.

Read more at Yahoo Finance: Where Will Nebius Stock Be in 1 Year?