Key Points Shares of Nebius have soared in 2026, and further upside cannot be ruled out given its robust backlog. Nebius trades at an expensive valuation right now, but it can justify it given its solid growth potential. A stock split can boost demand for Nebius stock, but it remains worth buying regardless. 10 stocks we like better than Nebius Group › Shares of neocloud specialist Nebius Group (NASDAQ: NBIS) have jumped by 183% in 2026 as of this writing, and the good news for investors is that the stock recently received a major shot in the arm from BNP Paribas . The investment bank raised its price target on Nebius stock to $399 from $260 earlier, implying 68% upside.
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