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Freedom Capital Markets Downgrades Nebius Group (NBIS), Should You Still Buy?
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Nebius Group N.V. (NASDAQ:NBIS) is one of the Unstoppable Growth Stocks to Invest In According to Reddit. On April 13, Freedom Capital Markets downgraded Nebius Group N.V. (NASDAQ:NBIS) from Buy to Hold, but raised the price target from $108 to $154. The firm noted that when they initiated their coverage on the stock on February 2, it was trading at $88. However, the share price has appreciated strongly by more than 70% since the firm initiated coverage. Freedom Capital believes that the company’s valuation might be stretched too far in the near-term, considering the company’s fundamentals, hence the downgrade. On the bright side, the firm raised revenue and EBITDA estimates for 2026 and 2027, which exceed consensus Wall Street estimates. Moreover, the new price target of $154 indicates 6 times the firm’s 2027 EV/adjusted EBITDA forecast versus 25 times its estimate for this year. Freedom Capital anticipates that the company will grow its revenue by 209% and adjusted EBITDA by 336% from 2026 to 2027. Nebius Group N.V. (NASDAQ:NBIS), headquartered in Amsterdam, develops and operates an AI cloud infrastructure designed for training and inference of advanced machine learning models. While we acknowledge the potential of NBIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 7 Hot Growth Stocks to Invest in Right Now and 7 Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
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