Nebius Group N.V. Rally Sparks Concerns Over Fundamentals
Nebius Group N.V.’s stock price has surged over 100% since July, but this rally is not driven by improved fundamentals. In fact, despite a 30% increase in revenue estimates, the company’s EPS forecasts have declined. This raises concerns about its business model and valuation. The forward P/S ratio for NBIS has soared to 51, making … Read more