Stock Analysis
Nebius Group N.V.NBIS
P/E 545.26×· not meaningful — TTM earnings temporarily depressed
Sector: Technology · Industry: Software - Infrastructure
AnalystsStrong Buy25 analystsPrice is 43% of the way from the year's low to its high.
Cash covers 79% of debt · FY 2025.
PMP Verdict
Weak fundamentals
Strengths
- Financial Health63
Risks
- Growth0
- Quality22
Weak fundamentals — valuation is the only support.
Market context
-12.2% today· Z 2.7σ· RVOL 1.9×· NBIS tumbled 12.10% amid a broader AI infrastructure sector sell-off and neocloud shakeout concerns.
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
Why is NBIS moving?
SectorNBIS tumbled 12.10% amid a broader AI infrastructure sector sell-off and neocloud shakeout concerns.
Profile
growth, valuation, earnings quality, profitability and moat lag behind.
How is each axis scored?
- Valuation22/100 · Weak
- P/E vs own history (53th pct)12/25
- FCF yield (-13.1%)0/25
- P/S (84.6x)0/25
- EV/EBIT (n/a)10/25
- Growth0/100 · Weak
- Revenue CAGR (-42.2%)0/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (n/a)0/25
- Profitability25/100 · Weak
- ROIC (-3.9%)0/25
- ROE (0.8%)5/25
- Net margin (15.6%)20/25
- Operating margin (-115.5%)0/25
- Financial Health63/100 · Moderate
- Altman Z (2.20)18/25
- Current ratio (4.03)25/25
- Interest coverage (-43.7x)0/25
- Net cash / debt (D/A 8%)20/25
- Quality22/100 · Weak
- Piotroski F (7/9)22/25
- Beneish M (0.43)0/25
- FCF conversion (-7132%)0/25
- Margin stability (σ 1073.7%)0/25
- Moat25/100 · Weak
- ROIC >12% years (0/5 yrs)0/25
- Median gross margin (51.2%)20/25
- FCF-positive years (2/5 yrs)5/25
- Worst-year net margin (worst -701.0%)0/25
Risk Flags
- ⚠Beneish M 0.43 — earnings-manipulation flag
- ⚠Negative FCF margin (-2.0%) — burning cash
- ⚠SBC 35.7% of revenue — real dilution cost
- ⚠2 loss-making years in recent history
- ⚠Interest coverage -43.7× — thin debt cushion
About Nebius Group N.V.
Nebius is a vertically integrated cloud provider focusing on AI and high-performance computing. Show more
It is a carve-out of the previous Russian tech firm Yandex, following the Russian sanctions since the Ukraine-Russia war. Nebius designs and operates its own data centers and servers across Europe and the US, with a total capacity of several hundred megawatts. In September 2025, Microsoft became a major Nebius client under a multiyear $17 billion revenue agreement to provide computing capacity.
Employees: 1,500 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
22EP/E (TTM)543xC
Grade C: DistortedTTM earnings are temporarily depressed — this multiple overstates expensiveness. Forward P/E is a better guide — vs own 2Y history: 16.8x–944.7x · 53rd pct
P/FCF83.1xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · CapEx exceeds operating cash flow (212% of OCF) — reported FCF understates normalized earning power in this investment phase
FCF Yield-13.1%D
Grade D: NegativeTTM (OCF − CapEx) / Market Cap — vs own 2Y history: -71.9%–-6.5% · 63rd pct · CapEx exceeds operating cash flow (212% of OCF) — reported FCF understates normalized earning power in this investment phase
P/S (TTM)84.58xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 2Y history: 37.9x–884.6x · 27th pct
EV/EBITDA637.0xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales38.2xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E—
Price / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio4.33xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio—
Finnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
CapEx exceeds OCF: CapEx exceeds operating cash flow (212% of OCF) — reported FCF understates normalized earning power in this investment phase
Profitability
25EROIC-3.9%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE0.8%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA0.2%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin15.6%A
Grade A: HighNet Income / Revenue
Operating Margin-115.5%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin68.6%A
Grade A: PremiumGross Profit / Revenue
FCF Margin-200.0%D
Grade D: LowFCF / Revenue · CapEx exceeds operating cash flow (212% of OCF) — reported FCF understates normalized earning power in this investment phase
True FCF Margin-1146.2%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · CapEx exceeds operating cash flow (212% of OCF) — reported FCF understates normalized earning power in this investment phase
Growth
0ERevenue CAGR-42.2%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth—
Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income229.0%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue35.7%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
63BAltman Z-Score2.20C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio4.03xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio3.96xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage-43.7xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF · CapEx exceeds operating cash flow (212% of OCF) — reported FCF understates normalized earning power in this investment phase
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.99xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.79xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
22EPiotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score0.43D
Grade D: RiskyEarnings manipulation risk. < -2.22 Safe
FCF Conversion-7131.9%D
Grade D: PoorFCF / Net Income · CapEx exceeds operating cash flow (212% of OCF) — reported FCF understates normalized earning power in this investment phase
Margin Stability1073.7%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue2103.0%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.07xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Boroditsky Marc Filed | Boroditsky Marc | Option exercise | -7000 | |
Boroditsky Marc Filed | Boroditsky Marc | SellOpen market sale | -7000 | |
Boroditsky Marc Filed | Boroditsky Marc | Option exercise | +7.0K | |
Nave Ophir Filed | Nave Ophir | SellOpen market sale | -6000 | |
Nave Ophir Filed | Nave Ophir | SellOpen market sale | -1200 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Nave Ophir Filed | Nave Ophir | SellOpen market sale | -14853 | |
Nave Ophir Filed | Nave Ophir | SellOpen market sale | -48061 | |
Nave Ophir Filed | Nave Ophir | SellOpen market sale | -48655 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
25EROIC >12% Years0/5 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)51.2%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years2/5 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-701.0%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$0.30
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$29.58
Cash & short-term investments per share (Finnhub)
Book Value / Share$38.03
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$10.20B
Total debt obligations (short + long term)
Cash & Equiv.$8.04B
Cash and short-term investments
Net Debt$2.15B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$10.34B
Shareholders' equity (book value)
Asset / Liability1.59xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$44.81B
Current Market Capitalization
Beta1.10B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Dec 2025 · Ratio snapshot Oct 17, 2026
Key Insights: Nebius Group N.V. (NBIS)
NBIS is down 12.18% at the last close — NBIS tumbled 12.10% amid a broader AI infrastructure sector sell-off and neocloud shakeout concerns.. Nebius Group N.V. meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 2.20 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out. Beneish M-Score of 0.43 is above the −1.78 flag threshold, a signal that reported earnings warrant closer scrutiny. Revenue has been contracting (CAGR ≈ -42%), which weighs on the growth outlook.
- Free-cash-flow margin is negative (-200%) — the business currently burns cash.
- Company has negative FCF, making debt repayment from operations difficult.
- Interest coverage of -43.7× leaves little room for earnings shocks.
- Nebius Group N.V. posted a net loss in 2 of 5 available completed fiscal years (2021–2025).
- At a valuation score of 22/100, NBIS trades at a premium to its historical multiples (P/E 543.1).
See how NBIS ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all NBIS moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 164.27 | -12.82% | -2.80 |
| Oct 16 | After-hours | 164.82 | -12.52% | -2.73 |
| Oct 14 | Regular | 184.19 | -10.96% | -2.77 |
| Oct 14 | After-hours | 178.89 | -13.52% | -3.46 |
| Oct 8 | Regular | 218.76 | -7.75% | -2.13 |
Frequently Asked Questions about NBIS
What is the current Nebius Group N.V. (NBIS) stock price?
NBIS is trading at $165.47 at the last market close, down 12.18% on the session. PreMarketPrice tracks NBIS pre-market, intraday and after-hours prices.
Is NBIS stock a buy right now?
PreMarketPrice's quantitative model rates Nebius Group N.V.'s financial health at 63/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is NBIS stock overvalued?
Nebius Group N.V. trades at a trailing P/E of 543.1 and our valuation score rates it 22/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Nebius Group N.V. report earnings?
No confirmed earnings date is currently scheduled for NBIS. The Earnings section lists recent reports and updates as dates are announced.
What sector does Nebius Group N.V. operate in?
Nebius Group N.V. operates in the Technology sector, within the Software - Infrastructure industry. The Related Stocks section lists sector peers for comparison.
What does Nebius Group N.V. do?
Nebius is a vertically integrated cloud provider focusing on AI and high-performance computing.
About Nebius Group N.V. (NBIS) Stock
Nebius Group N.V. (NBIS) is a US-listed stock operating in the Technology sector, specifically the Software - Infrastructure industry. As of the latest update, Nebius Group N.V. is trading at $165.47, down 12.18% on the day with a market capitalization of $44.8 billion. The financial health score for NBIS is 63/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for NBIS stock.
NBIS Stock Analysis & Key Metrics
On PreMarketPrice, you can track Nebius Group N.V. (NBIS) across multiple dimensions:
- Pre-market price & movement: Real-time NBIS stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for NBIS with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Nebius Group N.V. across multiple reporting periods.
- Financial health score: A composite score of 63/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for NBIS.
- Sector peers: Compare NBIS against 5 other technology stocks on key financial metrics.
Is NBIS a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Nebius Group N.V. (NBIS) as an investment. The financial health score of 63/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Nebius Group N.V. (NBIS) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.