Key insights
- Goldman Sachs raised its price target for Nebius (NBIS) to $205 based on a large Meta AI contract and strong AI infrastructure demand. Increased revenue projections for FY27-30 by 30-54%. This reflects positive sentiment towards AI infrastructure providers and could signal continued investment in the sector, indirectly benefiting related US equities.
Goldman Sachs has significantly raised its price target on Nebius Group (NBIS) to $205 (up from $155-$160) for 2026, maintaining a "Buy" rating based on strong AI infrastructure demand, a new $27B-$46B total capacity deal, and massive revenue growth. The firm sees 2026 ARR reaching $7B-$9B.
Key Takeaways from Goldman Sachs Target Reset (April 2026):
- New Price Target: $205, reflecting confidence in AI infrastructure expansion. * Revised Estimates: Revenue projections for FY2027–2030 were raised by 30% to 54%, driven by a new $27 billion Meta AI compute capacity contract. * 2026 Outlook: Goldman maintained its previous, robust revenue and EBITDA estimates for 2026, pointing to a potential $3.0 billion to $3.4 billion in revenue. * Growth Drivers: The company is seeing immense momentum, with a ~574% to 681% gain over the past year. * Market Position: Nebius is viewed as a "core supplier" in the global AI ecosystem with strategic partnerships and major data center developments.