BWS Financial analyst Hamed Khorsand raised the price target on Nebius Group (NASDAQ: NBIS) to $200.00 (from $130.00) while maintaining a Buy rating.

The analyst comments "Nebius Group (NBIS) has won one of the largest contracts awarded by Meta Platforms (META) less than six months after the initial contract was announced. The new contract is expected to begin in early 2027 with a value of $12 billion and up to an additional $15 billion. This dwarfs the initial contract between NBIS and META that now looks like was a tester contract valued at $3 billion. Since the first contract with META was signed, NBIS has grown its infrastructure by reaching 170 megawatts of activity capacity by the end of 2025 and approximately 2 gigawatts of contracted power. We are raising our price target to $200 from $130 as this contract sets the stage for further growth in 2027. NBIS now seems poised to execute on its growth initiatives to reach its annualized recurring revenue (“ARR”) target of $7 billion to $9 billion by the end of 2026."