Wolfe Research Sees Nebius Revenue Reaching $34B by 2030 on $46B Microsoft and Meta Cloud Contracts
Wolfe Research projects Nebius revenue will reach $34B and $21B in EBITDA by 2030, according to a new analyst note on the cloud platform builder's growth model. The firm expects gross margins to hold in the high 60s, buoyed by the $643M acquisition of Eigen AI and a growing share of inference software sales.
The projection relies on $46B in secured agreements with Microsoft and Meta, highlighted by a $27B Meta contract that includes a flexible $15B capacity component. A primary catalyst is the Vineland facility in New Jersey, which the company plans to fully operationalize by the fourth quarter of 2026 to begin recognizing deferred revenue. Broader cloud pipeline demand from non-hyperscaler customers grew 3.5 times quarter over quarter.
From the sources (7 posts)
@stockmktnewzNebius $NBIS just announced that it has entered into its first senior secured debt facility for ~$775 million. "Nebius intends to use the proceeds of the transaction to further accelerate the global build-out of its full-stack AI cloud pla
@stocksavvyshay$NBIS secured its first senior debt facility for ~$775M. Nebius will use the proceeds to “accelerate the global buildout” of its full-stack AI cloud platform.
@wallstengineNebius $NBIS closed its first senior secured debt facility for about $775M to expand its AI cloud platform. The facility is backed by deployed GPU infrastructure and contracted cash flows from an investment-grade customer, matures in 2030,
@stocksavvyshayWolfe Research sees $NBIS reaching $30B in revenue and $21B in EBITDA by 2030 with the ramp beginning in 4Q26 as Vineland comes online and unlocks more contracted revenue. That path is backed by $46B of signed $MSFT and $META deals includi
@stocksavvyshayReaching $34B**
@melvininvestsThis is how Nebius becomes the next trillion dollar hyperscaler (Save this). Wolfe Research thinks Nebius could hit $34 billion in revenue and $21 billion in EBITDA by 2030 and the growth engine behind that number is only just switching on
@melvininvestsRT @MelvinInvests: This is how Nebius becomes the next trillion dollar hyperscaler (Save this). Wolfe Research thinks Nebius could hit $34…