Nebius Group (NASDAQ:NBIS) is one of the worst AI stocks to invest in according to Reddit. On February 2, Freedom Capital initiated coverage of Nebius with a Buy rating and a $108 price target. The firm characterized the company as a vertically integrated cloud platform designed specifically for artificial intelligence workloads.
The firm noted that Nebius provides cost-efficient, high-performance computing for AI-native companies and suggested that its ongoing investments in infrastructure and product development will drive rapid revenue growth within a large, expanding addressable market.
Earlier on January 15, Morgan Stanley initiated coverage of Nebius Group (NASDAQ:NBIS) with an Equal Weight rating and a $126 price target and noted that the company’s vertically integrated AI cloud received strong external validation and key reference customers. However, the firm informed investors that near-term targets appear aggressive due to the substantial net new bookings required, leading the analyst to conclude that the stock is fully valued at current levels.
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Nebius Group (NASDAQ:NBIS) is a technology company that builds full-stack infrastructure to service the global AI industry in the Netherlands, Europe, North America, and Israel.
While we acknowledge the potential of NBIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.