Nebius Group N.V. (NASDAQ:NBIS) shares are in the spotlight Monday ahead of the company’s second-quarter earnings release scheduled for Wednesday.
- Nebius shares are showing limited movement. What’s ahead for NBIS stock?
Earnings Preview & History
Nebius is expected to report a loss of 68 cents per share along with revenue of $572.75 million. For the prior quarter, the company reported revenue of $399.0 million, beating the consensus estimate of $371.40 million. EPS came in at a loss of 33 cents, beating the consensus estimate of a 77-cent loss.
What to Watch
Investors will be closely tracking infrastructure expansion updates, including progress on GPU deployments and construction at Nebius’ 1.2-gigawatt AI factory in Pennsylvania, after the company raised its 2026 capital expenditure target to a range of $20 billion to $25 billion.
Margin trajectory will also be in focus, as adjusted EBITDA improved to $129.5 million in the first quarter from a $53.7 million loss a year earlier, with management’s forward commentary on profitability likely to carry significant weight. Commentary on new customer agreements and contracted power capacity — which stood at more than 3.5 gigawatts entering the quarter — should provide additional signals on whether demand for AI infrastructure remains strong enough to sustain the company’s growth trajectory.
Analyst Consensus & Recent Actions
The stock carries a Buy rating with an average price forecast of $225.00. Recent analyst moves include:
- DA Davidson: Neutral (Lowers Target to $175.00) (Aug. 7)
- Citigroup: Buy (Lowers Target to $278.00) (Aug. 5)
- Piper Sandler: Initiated with Neutral (Target $224.00) (Aug. 3)
Below Short-Term Averages, Above the 200-Day
Nebius is trading below its shorter-term trend lines, sitting 4.3% under the 20-day SMA ($194.99) and 16.5% under the 50-day SMA ($223.54), which keeps the near-term tape tilted cautious. At the same time, it’s still 30.2% above the 200-day SMA ($143.37), so the longer-term uptrend hasn’t been broken—this is more of a pullback inside a bigger trend.
RSI is the cleaner momentum read right now: at 45.87, it’s in neutral territory, suggesting the stock isn’t stretched enough to force a snapback, but also isn’t showing strong upside momentum. In plain terms, RSI helps gauge whether buying or selling pressure is getting “overdone,” and this reading points to a market still deciding direction.
The moving-average structure also shows a split: the 20-day SMA is below the 50-day SMA (a bearish short-term crossover), while the 50-day SMA remains above the 200-day SMA (a bullish longer-term backdrop). On the timeline, the stock peaked in June (also the 52-week high month) and put in a swing low in July, which frames the current zone as a post-peak consolidation rather than a fresh breakout attempt.
Key Support: $164.50 — a nearby pivot area where buyers previously stepped in, and a level traders may watch closely if selling pressure builds into earnings
Nebius Shares Edge Lower
NBIS Price Action: At the time of publication, Nebius shares are trading 0.24% lower at $188.42, according to data from Benzinga Pro.
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