Nebius Is Up 210% This Year. Here's Why There's Still Room for More Upside in 2026.

Nebius (NBIS), the Nvidia-backed AI cloud computing platform, has surged 210% year-to-date, driven by explosive contract wins with Microsoft and Meta. The company reported Q1 revenue growth of 684% year-over-year, signaling rapid adoption of its infrastructure.

Wall Street analysts project 550% revenue growth for 2026 and 225% for 2027, suggesting the stock's triple-digit gain may not fully reflect the company's growth trajectory. The neocloud platform is capturing demand from hyperscalers racing to deploy AI workloads at scale.

Nebius benefits from Nvidia's backing in a market where GPU access and optimized cloud infrastructure remain bottlenecks for enterprise AI deployment. The Microsoft and Meta partnerships validate the platform's ability to serve the most demanding AI infrastructure customers.