Nebius (NBIS) Stock Soars 13% on Nasdaq-100 Index Inclusion

Key Highlights

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Nebius Group (NBIS) secures a spot in the Nasdaq-100, with inclusion taking effect June 22, 2026, as part of the quarterly index rebalancing.
Shares rallied 12.9% in after-hours trading Thursday following the announcement, with gains continuing into Friday’s session.
First-quarter 2026 revenue reached $399 million, marking a 684% increase compared to the prior year.
The AI infrastructure stock has climbed over 160% since the start of the year, outperforming all other new index entrants.
Company insiders have offloaded $131 million worth of shares in the last three months, with zero insider purchases recorded.

Nebius Group (NBIS) has earned its place among the elite companies in the Nasdaq-100. The exchange operator revealed its latest quarterly index overhaul on Thursday, confirming that NBIS will be added before trading begins on June 22.

Nebius Group N.V., NBIS

Shares spiked 12.9% in extended trading Thursday after the disclosure. As of Friday’s publication time, NBIS was changing hands at $229.15, reflecting an additional 3% climb.

The Nasdaq-100 serves as the foundation for more than 200 investment products managing upwards of $800 billion globally. All passive funds and exchange-traded products replicating the index must acquire NBIS shares before the June 22 inclusion date, driving consistent demand in the run-up to that milestone.

Nebius enters the prestigious index alongside Astera Labs (ALAB), CoreWeave (CRWV), Rocket Lab (RKLB), and Teradyne (TER). Meanwhile, Charter Communications, Cognizant, Insmed, Verisk Analytics, and Zscaler are being removed.

Among the five incoming companies, Nebius tops the list for year-to-date returns at 165.5%. Astera Labs follows with a 120.9% gain, Teradyne posts 97.0%, Rocket Lab shows 64.5%, and CoreWeave rounds out the group at 33.7%.

Explosive Revenue Expansion Fuels Index Entry

The addition to the Nasdaq-100 follows an impressive first quarter in 2026. Nebius delivered revenue of $399 million during the period—representing a massive 684% surge 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 loss posted in the comparable quarter a year earlier.

Nebius counts Nvidia among its strategic backers and maintains long-term infrastructure contracts with industry giants Microsoft and Meta. A multiyear $17 billion revenue deal with Microsoft has proven instrumental to the company’s expansion trajectory.

Recent strategic moves include a £1.7 billion commitment to establish Nvidia infrastructure across the United Kingdom, a Physical AI Living Lab collaboration with Nvidia aimed at supporting robotics entrepreneurs, and plans for a 1.2 GW AI facility in Pennsylvania.

High Valuation and Insider Selling Raise Questions

Despite the impressive rally, certain indicators warrant caution. NBIS currently trades at a price-to-earnings multiple of 73.01x, significantly exceeding broader market norms.

The company’s GF Score registers at 52 out of 100, indicating middling overall performance. Its financial strength earns a 4/10 rating, profitability scores 5/10, and growth potential ranks 6/10.

Insider trading patterns have tilted bearish. Throughout the past three months, company insiders have liquidated $131 million in stock. No insider purchases have been documented during this timeframe.

The Amsterdam-headquartered firm, which emerged from Russian technology company Yandex after Ukraine-war-related sanctions, now commands a market capitalization of roughly $56.43 billion.

NBIS has surged more than 160% year to date, positioning it among the top performers in the AI infrastructure sector throughout 2026.

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