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Story perspectives

Nebius Shares Surge Despite Mixed Q3 and Lower Outlook

11/19/2025

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Story summary
  • Nebius Group NV (NASDAQ:NBIS) shares rose 6.58% on November 18 after a mixed Q3.
  • The company reported $146.1 million in Q3 revenue, below expectations, and issued a lower full-year outlook.
  • Nebius achieved 237% year-over-year revenue growth and secured a $3 billion deal with Meta Platforms.
  • Analysts say declines in IREN and Cipher Mining contrast with the potential for long-term buying opportunities amid AI infrastructure growth.