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Northwise Company Research

Nebius

NBIS

Technology & AI · AI & Compute Infrastructure · Energy & Power Infrastructure

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Understanding Nebius: A Complete Guide to the Company

Get to know the business before exploring its models and valuation.

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Market Price

$210.06

End-of-day price · Oct 12, 2026

Northwise Valuation

Premium investment conclusions

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Weighted Target · PremiumExpected CAGR · PremiumNorthwise Rating · PremiumScenario Valuation · Premium

The interactive forecast shows its workbook assumption date and any labelled alpha assumptions. Its baseline may differ from this published model.

Financial Model

NBIS Financial Model

Structured Northwise model framework, scenario architecture, and revision history. Investment conclusions and valuation outputs are reserved for Premium members.

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Northwise Nebius Stock Forecast 2030 Model — August 2026

Published Aug 29, 2026 · XLSX · 277 KB

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Current Revision

Aug 29, 2026

August 2026 Q2 Rebuild

Model Horizon

Dec 2030

Scenarios

3

Dynamic scenario framework

Model History

3 published revisions

First model · Feb 21, 2026

Scenario Valuation

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Valuation Framework

Methods currently used by the published Northwise model. Methodology is public. Valuation outputs remain protected.

ARR MultipleEV/RevenueEV/EBITDAPrice/Free Cash FlowCapacity Value per MW

Latest Model Report

Nebius August Q2 financial model and global AI infrastructure network
Model Report · PremiumPublished

NBIS Stock Forecast 2030: The Conversion Problem

A ground-up Nebius model rebuild after Q2 2026, covering AI factory economics, capital structure, valuation scenarios, and the NBIS stock forecast to 2030.

Primary Northwise model research for Nebius

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Recent Research

More Northwise Research on Nebius

All Nebius research →
An illustrated path from a person's AI request through the software platform to a powered computing facility.
Research Note · Free

Understanding Nebius: A Complete Guide to the Company

Published · Updated

Understand Nebius from the ground up: its AI cloud, competitors, subsidiaries, funding, and growth opportunities. A complete NBIS guide with 14 illustrations.

Nebius Harlow concept contrasting an inferred 4.4 MW allocation in operational KLON-02 with the 17.6 MW KLON-03 building expected in early 2027.
Research Note · Free

Nebius in Europe: Sovereign AI, UK Expansion and Harlow

Published

How European AI sovereignty supports Nebius’s UK expansion, where Harlow fits, and what its potential 4.4 MW deployment could add to Q3 revenue and 2026 ARR.

Nebius Highridge concept showing the acquired core, zoning-approved Phase 3 expansion, approximately 600 MW of public grid evidence, and zero energized capacity.
Research Note · Free

Nebius Pennsylvania: The Full Highridge Footprint Clears Zoning

Published

Nebius has cleared the zoning gate for the full planned Highridge footprint. The back half is more credible, but final land, development, and grid approvals still separate 1.2 GW from reality.

NBIS Lappeenranta Data Center
Research Note · Free

NBIS Lappeenranta Data Center

Published · Updated

Lappeenranta: the planned 310 MW Finnish AI campus, phased delivery and the distinction between design targets and operating capacity.