Nebius Stock Is Down Over 20% From Its High. Is Now the Time to Buy?
The company generated monstrous growth in its most recent quarter and still possesses exciting opportunities due to artificial intelligence.
Overview
Nebius Group (NASDAQ:NBIS) has been one of the hottest artificial intelligence (AI) stocks to own this year, as it has more than doubled in value. Entering this week, it was up over 170% since the start of 2026. The company rents out AI compute power to its customers, and demand has been through the roof.
However, the hype around the neocloud stock has cooled a bit, as it's down more than 20% from its 52-week high of just under $300. Could now be a good time for investors to buy this promising AI stock?
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.