On August 12, NEBIUS rose 5.12% in after-hours trading, trading at $204.48/share, with turnover of $126 million. The stock rallied on a dual catalyst of institutional buying signals and strong earnings growth expectations ahead of its Q2 report.
On the news front, PE giant Carlyle Group disclosed in its latest Q2 holdings report that it initiated a new position in NEBIUS during the second quarter, making it one of only three new stocks added to its portfolio this quarter, sending a clear institutional capital inflow signal. Additionally, NEBIUS is scheduled to release its second-quarter earnings before market open on August 12, with market consensus expecting revenue growth of 374.21% year-over-year, extending the momentum from last quarter's $399 million revenue that represented a 621.55% YoY surge.
It is worth noting that some market participants remain cautious. Michael Burry recently disclosed a short position in the stock, warning of off-balance-sheet leverage risks in the cloud sector, while Piper Sandler initiated coverage at Neutral with a $224 price target.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)