Nebius Group (NBIS) surged 8.9% in pre‑market trading on June 15 after Nasdaq announced that the company will join the Nasdaq‑100 Index on June 22, with shares hovering around $218.
Nasdaq‑100 Inclusion and Immediate Reaction
The index addition is expected to trigger buying from passive funds and exchange‑traded products that replicate the Nasdaq‑100, creating upward price pressure and higher trading volumes. Investors have already set price targets between $235 and $287, reflecting confidence in Nebius’s growth trajectory. This momentum aligns with broader market trends that favor AI‑focused cloud providers.
Performance Track Record and Valuation
Over the past 12 months NBIS delivered a 320% return, while its 2026 year‑to‑date gain stands at 135%, pushing its market valuation toward $55 billion. The valuation places Nebius alongside peers such as CoreWeave, underscoring its competitive position in the AI cloud sector. Analysts cite the company’s robust revenue growth and expanding customer base as key drivers of this market surge.
Strategic Shift from Russia to Global AI Cloud
Originally a Russian technology conglomerate, Nebius rebranded after Yandex’s trading suspension in 2022 and divested its Russian assets to focus on GPU‑powered data centers across Europe and North America. The revamped platform now supports high‑performance workloads, including blockchain and crypto mining applications, catering to a diverse set of investors. This transformation highlights the firm’s commitment to leveraging cutting‑edge