Nebius Group, the Amsterdam-based AI infrastructure company listed on NASDAQ, reported Q2 2026 revenue of $582.3 million, representing a 454% year-over-year increase. Bank of America raised its price target from $280 to $310 while maintaining a Buy rating, implying approximately 20% upside from the closing price of $259.20. The company also delivered adjusted EBITDA of $236.2 million, compared to a $21 million loss a year earlier, and guided for full-year 2026 revenue of $3 to $3.4 billion. Meanwhile, Michael Burry has increased his short position on NBIS at around $247 per share, creating a stark contrast with the bank’s bullish outlook.
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