Freedom Capital begins coverage of Nebius Group (NBIS) with a Buy rating at $108 PT

Nevius Group (NASDAQ:NBIS) is one of them. The worst AI stocks to invest in, according to Reddit. On February 2nd, Freedom Capital initiated coverage on Nevius with a buy rating and a price target of $108. The company characterized it as a vertically integrated cloud platform designed specifically for artificial intelligence workloads.

The company noted that Nebius provides cost-effective, high-performance computing to AI-native companies, and suggested that continued investment in infrastructure and product development will drive rapid revenue growth within an expanding addressable market.

Earlier on January 15, Morgan Stanley initiated coverage on Nevius Group (NASDAQ:NBIS) with an equal weight rating and a $126 price target, noting that the company’s vertically integrated AI cloud has received strong external validation and has key reference customers. However, the company told investors that its near-term targets appear bullish as it requires significant net new bookings, leading analysts to conclude that the stock is well valued at current levels.

Freedom Capital begins coverage of Nebius Group (NBIS) with a Buy rating at $108 PT
Freedom Capital begins coverage of Nebius Group (NBIS) with a Buy rating at $108 PT

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Nebius Group (NASDAQ:NBIS) is a technology company building full-stack infrastructure serving the global AI industry in the Netherlands, Europe, North America, and Israel.

While we see NBIS’ potential as an investment, we believe certain AI stocks have greater upside potential and less downside risk. If you’re looking for highly undervalued AI stocks that could also benefit greatly from Trump-era tariffs and onshoring trends, check out our free report. Best short-term AI stocks.

Read next: 30 stocks that should double in 3 years and 11 hidden AI stocks to buy right now.

Disclosure: None. This article was first published Insider Monkey.

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