Nebius Posts 454% Revenue Growth, FY Guidance Reflects Controversial Vineland Project
NBIS shares tanked despite strong Q2 revenue growth. Analyst Gil Luria reiterated neutral rating and $175 price target.
Nebius made way more money than expected, but investors worried about a risky new project, so the stock price fell anyway. When a company grows fast but people still seem nervous, it's worth watching what happens next with that project.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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