Key Highlights

  • Bank of America begins coverage of Nebius (NBIS) with Buy rating and $150 target, suggesting approximately 30% potential gain
  • BofA maintains Buy recommendation on CoreWeave (CRWV) with $100 target (around 22% upside potential)
  • Nebius releases AI Cloud 3.5, introducing serverless AI computing capabilities to its comprehensive cloud infrastructure
  • Platform now includes Nvidia’s RTX PRO 6000 Blackwell Server Edition among available GPU options
  • Company aims for 1GW near-term capacity with expansion plans exceeding 3GW

Nebius Group (NBIS) stock gained attention Thursday following Bank of America’s initiation of coverage, which included a Buy rating and a $150 price target. This valuation represents approximately 30% growth potential from present trading levels.


NBIS Stock Card
Nebius Group N.V., NBIS

The analyst recommendation arrived alongside Nebius’s debut of AI Cloud 3.5, representing the newest advancement in its comprehensive cloud infrastructure platform.

This release brings serverless AI computing capabilities to market, enabling developers to deploy workloads in seconds without manual infrastructure configuration. According to Nebius, the platform automatically manages infrastructure setup and runtime operations, allowing development teams to concentrate on application development rather than environment maintenance.

The serverless functionality enters public preview starting today.

AI Cloud 3.5 expands GPU availability by incorporating Nvidia’s RTX PRO 6000 Blackwell Server Edition. This processor targets AI inference applications, industrial robotics operations, physical AI simulations, visual computing tasks, and pharmaceutical discovery processes.

The update includes a newly launched Data Transfer Service as well. This tool streamlines data migration and replication between external storage infrastructure and Nebius cloud locations, reducing data management complexity for organizations operating across distributed environments.

Bank of America’s Assessment of Nebius

BofA positions Nebius as a platform-focused competitor within the supply-limited AI infrastructure sector. The financial institution characterizes the company as operating at an earlier developmental phase compared to CoreWeave, resulting in a valuation discount as operations expand.

Nebius projects triple-digit revenue expansion from its current baseline. The organization has established a near-term capacity objective of 1GW, with pipeline ambitions stretching beyond 3GW.

Analysts noted that achieving this scale demands substantial capital investment, and securing financing will come with significant costs. Pricing pressures and intensifying competition within the AI cloud marketplace were identified as potential headwinds.

BofA nevertheless positions Nebius as a primary beneficiary of accelerating AI infrastructure development — assuming operational execution remains solid.

CoreWeave Also Receives Attention

BofA’s research note simultaneously reaffirmed a Buy stance on CoreWeave (CRWV) with a $100 price target. The bank anticipates CoreWeave will achieve 144% revenue growth in 2026 and 86% expansion in 2027 while pursuing additional capacity buildout.

CoreWeave represents the more established operator between the two companies, having already transformed backlog commitments into actual revenue streams. BofA applies a valuation framework similar to mature growth enterprises for CoreWeave, whereas Nebius continues trading at a comparative discount.

Nebius’s AI Cloud 3.5 serverless capability becomes accessible in public preview beginning today.