Nebius Falls 11.6% as Revenue Forecast Misses Estimates
Nebius shares are down 11.6% after the AI cloud company’s revenue forecast missed estimates.
Story updates
01:26:38 PM UTC
SquawkNews
UPDATE 2-Nebius pares back 2026 revenue forecast on capacity delays, shares slump Recasts throughout
01:30:00 PM UTC
SquawkNews
By Joe WallaceAnother AI stock taking a tumble: Nebius. The Dutch AI cloud company, which has a listing on the Nasdaq and competes with CoreWeave, fell about 15% premarket after reporting quarterly earnings.Nebius said it expects to finish 2026 with revenue at the lower end of the range it had prev…
01:38:37 PM UTC
SquawkNews
Nebius Lowers Fiscal Year Outlook, Addresses Worries Over Financing AI Buildout