FINAL 2025 FULL-YEAR PERFORMANCE
+505.20% vs. +17.25% for S&P-500
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NEBIUS $NBIS initiated at 'Buy' at Bank of America, with a $150 price-target:
"We are initiating coverage of Nebius with a Buy rating and a $150 price objective, implying 31% upside. Nebius operates in one of the fastest-growing segments of cloud computing, the AI Infrastructure-as-a-Service (IaaS) market.
By building and running large data centers, Nebius allows companies to train and run AI models without having to invest in their own infrastructure. This represents a huge opportunity.
Total IaaS TAM, including AI IaaS, is projected to surpass $419bn by 2028, driven by rapidly increasing model complexity and accelerating enterprise adoption of AI.
As one of the few purpose-built platforms designed specifically for GPU-dense distributed workloads, and a customer base that includes Microsoft and Meta, we believe Nebius is strategically positioned to capture share."
*TAIWAN SEMI ARIZONA FAB 4 ALREADY FULLY BOOKED DESPITE NOT YET BREAKING GROUND
*APPLE, NVIDIA, AMD & QUALCOMM SEEKING MORE U.S. PRODUCTION CAPACITY TO ENSURE SUPPLY CHAIN SECURITY
*TSMC PROJECTS THAT U.S., JAPAN & GERMANY COULD ACCOUNT FOR 20% OF TOTAL PRODUCTION BY 2028