Nebius Slips Despite Aether AI Cloud 3.0 Launch and $17.4 Billion Microsoft Deal

Overview

• Shares fell 2.2% to $123.04 during Thursday trading, giving back early gains after a premarket rise to $129.03.
• Aether AI Cloud 3.0 targets enterprises with validated security certifications, governance controls, and developer-focused tooling.
• Microsoft confirmed a five-year, $17.4 billion agreement for Nebius to supply GPU infrastructure capacity.
• Nebius reported quarterly revenue of $105.10 million, beating the $95.60 million consensus and narrowing its expected loss per share.
• Analyst actions included Goldman Sachs lifting its price target to $137 on Oct. 9 and BWS Financial raising its target to $130 with a buy rating, alongside recent upgrades to hold from other firms.