Nebius (NBIS) Soared 48% Last Week. Is It Time to Sell?

Nebius Group NV (NASDAQ: NBIS) experienced a remarkable 47.7% increase in value over the course of a week, making it the third-largest gain last week. This surge was attributed to strong earnings reports and several stock price target upgrades from analysts. The company reported revenues more than five times higher at $582.3 million compared to $105.1 million in the same period last year.

Additionally, Nebius surpassed analysts' expectations with earnings of $572.75 million. The company's growth prospects were highlighted by their ability to deliver deals of over $20 million per megawatt.