QualityDipStocks / Technology · Software & internet services
Nebius Group NBIS
Outside our quality screen, so we don’t track its dips. It’s 46% below its 52-week high.
Outside our quality screen. No fair value estimate for now: its free cash flow is negative.
- Fair value est.
- n/a
- Market Value
- —
- Off 52-wk high
- −46%
- Risk vs market
- Highbeta 3.91
4 bullish · 5 bearish See why
Key levels
Every level vs today’s $154.14
- 52-wk lowlowest close, 1 year$73.87−52.1%
- PriceFri Oct 30 close$154.14you are here
- 52-wk highhighest close, 1 year$286.69+86.0%
Fair value estimate
No estimate for NBIS: negative free cash flow. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much NBIS moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings much more than the market, and its own price swings are 8.6× the S&P 500’s.
- Beta vs S&P 500
- 3.91
- Volatility
- 110% vs 13% SPY
- Correlation SPY
- 0.46
- Correlation QQQ
- 0.54
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 4 of 5
GrowthSales grew 479% to $530M over the last 12 months vs the 12 months before (SEC filings).
ProfitabilityGross margin widened to 68.6% in FY2025 from −100.0% in FY2023 (SEC filings).
ProfitabilityOperating margin widened to −115.5% in FY2025 from −2915.3% in FY2023 (SEC filings).
GrowthSales compounded 240% a year from FY2022 to FY2025.
Top bearish points 5 of 5
ValuationFree cash flow is negative (−$3.7B over the last 12 months), so there’s no cash-flow value under the price.
Balance sheetOperating income covers interest only -9.9× over the last 12 months.
Balance sheetDebt rose 160% to $4.1B from FY2023 to FY2025.
ProfitabilityLoses money at the operating line: −115% operating margin over the last 12 months.
QualityDoesn’t pass our quality screen: ROE under 12% and ROIC under 10%.
Who’s talking about it
Notable investors, executives, analysts and public figures on Nebius Group in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Software & internet services
All fundamentals
FCF yield -7.9% · ROE 2% · Sales +479%
Valuation
- P/E
- n/an/m: earnings near zero (P/E above 300)
- Price / FCF
- n/anegative free cash flow
- FCF yield
- −7.9%
- EV / EBITDA
- n/anegative EBITDA
- Price / sales
- 88.34×
- Price / book
- 10.19×
- Market cap
- $46.8Blisted
- Enterprise value
- $47.2B
Growth
- Revenue, 12 months
- $530M
- Sales growth, 12 months
- +479.0%vs the 12 months before
- Sales growth, 3 yrs
- +239.8%/yrfrom FY2022
- Diluted EPS, 12 months
- $0.33
- EPS growth, last FY
- n/afewer than two years of diluted EPS
- Net income, 12 months
- $82M
- Net income growth
- n/anot reported in its SEC filings
Profitability
- Gross margin
- 68.6%
- Operating margin
- −115.5%
- Net margin
- 15.6%
- FCF margin
- n/an/m: revenue near zero
- Return on equity
- 2%
- Return on invested capital
- −9%
Balance sheet
- Cash & short-term inv.
- $3.7B
- Total debt
- $4.1B
- Net cash
- −$425M
- Debt / equity
- 0.89×
- Interest coverage
- -9.9×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- −$3.7B
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 0%
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- n/ano quarterly diluted share count
- Stock-based comp
- $83M
Trailing 12 months to Dec 31, 2025; balance sheet at Dec 31, 2025. From Nebius Group’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Momentum & 52-week range
RSI 36 · 5 days −2.9%
The business
FCF $-5.9B · Sales +454%
- Free cash flow, 12 months−$5.9B
- Free-cash-flow yield−12.6%
- Gross margin74%
- Operating margin−50%
- Return on invested capital−3%
- Return on equity1%
- Sales growth (latest quarter vs year-ago quarter)+454%
- Net debt / EBITDA1.8×
Next report
Nov 10
- DateTue Nov 10
- Consensus EPS($0.43)
- Year-ago EPS($0.39)
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
NBIS is outside our quality screen
One text when a published rule fires on one of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.