Key Takeaways
- Nebius Group (NBIS) secures a spot in the Nasdaq-100 index, taking effect June 22, 2026, as part of the quarterly rebalancing process.
- Shares climbed 12.9% during after-hours trading Thursday following the announcement, with continued strength into Friday’s session.
- First-quarter 2026 revenue reached $399 million, representing a 684% surge compared to the prior year.
- Year-to-date performance shows NBIS climbing over 160%, topping all five companies newly added to the index.
- Company insiders have offloaded $131 million worth of shares in the last three months without any recorded purchases.
Nebius Group (NBIS) has earned its place among the elite companies comprising the Nasdaq-100. The exchange revealed its quarterly index adjustments Thursday, verifying that NBIS will officially enter the benchmark before trading begins on June 22.
Shares responded enthusiastically, rising 12.9% in extended trading Thursday after the disclosure. By Friday’s publishing time, NBIS was changing hands at $229.15, representing approximately a 3% advance.
The Nasdaq-100 serves as the foundation for over 200 financial products managing more than $800 billion globally. Index-tracking passive funds and exchange-traded products must acquire NBIS shares before the June 22 implementation, generating continuous purchasing momentum in the approaching period.
Nebius enters the prestigious index together with Astera Labs (ALAB), CoreWeave (CRWV), Rocket Lab (RKLB), and Teradyne (TER). Departing members include Charter Communications, Cognizant, Insmed, Verisk Analytics, and Zscaler.
Among the five incoming companies, Nebius claims the top spot for year-to-date returns at 165.5%. Astera Labs follows at 120.9%, with Teradyne recording 97.0%, Rocket Lab achieving 64.5%, and CoreWeave posting 33.7%.
Impressive Revenue Expansion Fuels Momentum
The index promotion follows an exceptional first quarter in 2026. Nebius delivered $399 million in quarterly revenue—a remarkable 684% increase from the $50.9 million recorded in Q1 2025.
Adjusted EBITDA turned positive at $129.5 million, a dramatic reversal from the $53.7 million deficit posted during the comparable period last year.
Nebius enjoys backing from Nvidia and maintains extended infrastructure contracts with both Microsoft and Meta. A multi-year $17 billion revenue deal with Microsoft stands as a cornerstone of the company’s expansion trajectory.
Recent strategic moves include a £1.7 billion commitment to deploy Nvidia infrastructure across the United Kingdom, a Physical AI Living Lab collaboration with Nvidia targeting robotics startups, and plans for a 1.2 GW AI facility in Pennsylvania.
Valuation Metrics and Insider Transactions Warrant Attention
Despite positive price action, certain indicators suggest caution. NBIS currently carries a P/E ratio of 73.01x, significantly exceeding broader market norms.
The company’s GF Score registers at 52 out of 100, indicating middling comprehensive performance. Financial strength scores 4/10, profitability earns 5/10, and growth receives 6/10.
Insider transactions have trended bearish. During the previous three-month period, company insiders disposed of $131 million in shares. Zero insider purchases were documented during this timeframe.
The Amsterdam-headquartered enterprise, originally separated from Russian technology company Yandex following Ukraine-war-related sanctions, now commands a market capitalization near $56.43 billion.
NBIS has advanced more than 160% since the beginning of the year, positioning it among the top performers within the AI infrastructure sector throughout 2026.
