Nebius Group (NBIS) jumps as it expands Meta AI infrastructure deal to up to ~$27B

Nebius Group N.V. (NBIS) is up 15.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is Nebius’s announcement of a new long-term AI infrastructure supply agreement with Meta, which materially increases contracted demand and supports Nebius’s AI cloud buildout. The move also appears to be reinforced by recent momentum after Nebius disclosed a strategic partnership with NVIDIA that included a $2 billion investment.

Details:

Nebius announced on March 16, 2026 a five-year agreement to provide Meta with $12 billion of dedicated AI compute capacity across multiple locations, with deliveries expected to start in early 2027.

The contract framework includes Meta’s commitment to purchase up to $15 billion of additional available compute capacity tied to upcoming Nebius clusters, bringing total contract value to up to approximately $27 billion.

Nebius stated its 2026 guidance remains unchanged in the Meta agreement announcement, which may help investors underwrite growth plans without an immediate outlook reset.

Earlier, on March 11, 2026, NVIDIA and Nebius announced a strategic partnership and Nebius disclosed financing terms in an SEC filing related to NVIDIA’s $2 billion investment.

Sources:

Nebius, NVIDIA, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$NBIS Hedge Fund Activity

We have seen 373 institutional investors add shares of $NBIS stock to their portfolio, and 321 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

ORBIS ALLAN GRAY LTD removed 9,461,185 shares (-73.9%) from their portfolio in Q4 2025, for an estimated $791,948,490
BLACKROCK, INC. added 9,407,534 shares (+39418.1%) to their portfolio in Q4 2025, for an estimated $787,457,633
JERICHO CAPITAL ASSET MANAGEMENT L.P. removed 4,607,497 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $385,670,536
SLATE PATH CAPITAL LP removed 3,937,200 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $442,029,444
STATE STREET CORP added 3,090,103 shares (+2391.3%) to their portfolio in Q4 2025, for an estimated $258,657,071
CAPITAL RESEARCH GLOBAL INVESTORS added 2,767,280 shares (+inf%) to their portfolio in Q4 2025, for an estimated $231,635,172
WELLS FARGO & COMPANY/MN removed 2,379,259 shares (-93.6%) from their portfolio in Q4 2025, for an estimated $199,155,874

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$NBIS Analyst Ratings

Wall Street analysts have issued reports on $NBIS in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Citizens issued a "Market Outperform" rating on 11/19/2025
BWS Financial issued a "Buy" rating on 11/13/2025
CICC issued a "Outperform" rating on 11/11/2025

To track analyst ratings and price targets for $NBIS, check out Quiver Quantitative's $NBIS forecast page.

$NBIS Price Targets

Multiple analysts have issued price targets for $NBIS recently. We have seen 8 analysts offer price targets for $NBIS in the last 6 months, with a median target of $172.0.

Here are some recent targets:

Tyler Radke from Citigroup set a target price of $169.0 on 03/16/2026
Alex Platt from DA Davidson set a target price of $200.0 on 03/16/2026
Hamed Khorsand from BWS Financial set a target price of $200.0 on 03/16/2026
Michael Donovan from Compass Point set a target price of $150.0 on 02/18/2026
Josh Baer from Morgan Stanley set a target price of $126.0 on 01/15/2026
Greg Miller from Citizens set a target price of $175.0 on 11/19/2025
Nehal Chokshi from Northland Capital Markets set a target price of $211.0 on 11/12/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.