The Real Reason This Analyst Still Calls Nebius His Favorite Neocloud Player

1. NBIS plans to double data center capacity by 2026 amid AI demand. 2. D.A. Davidson maintains Buy rating, forecasting $150 price target. 3. Revenue surged 237% YoY to $146.1 million, highlighting strong AI compute growth. 4. Major contracts with Microsoft and Meta support Nebius’ expansion strategy. 5. Projected revenue may exceed $20 billion under favorable market conditions.