Shares of Nebius Group (NASDAQ: NBIS) fell last month due to broader weakness in AI infrastructure stocks after Oracle’s disappointing earnings report. Nebius finished the month down 11%, following a 19% drop post-Oracle report. However, the stock rebounded after positive results and guidance from Micron, showing strength in AI demand. Analysts remain bullish on Nebius, with a price target of $211.

Despite recent fluctuations, Nebius is up 15% in 2026. Investors are optimistic about the AI sector following positive commentary from Nvidia CEO Jensen Huang and upgrades for AI stocks. Nebius plans to deploy the Rubin platform later this year. The company will need to deliver strong growth to maintain its upward trajectory, influenced by broader sentiment in the AI sector.

Before investing in Nebius Group, consider that it was not among the 10 best stocks identified by the Motley Fool Stock Advisor team. Historically, stocks recommended by the team have seen significant returns. Nebius Group’s performance should be weighed against other investment opportunities. The author holds positions in CoreWeave, Micron Technology, and Nvidia, while the Motley Fool has positions in Nvidia and Oracle.

Read more at Nasdaq: Why Nebius Group Stock Fell 11% in December