Shares of Nebius Group (NBIS) surged 15% on March 16 following the announcement of a substantial contract with Meta Platforms (META). This deal, which entails Meta purchasing $12 billion in AI cloud computing capacity over five years, significantly bolsters Nebius’ revenue pipeline, building on a previous $3 billion contract signed in December 2025. With additional commitments from Meta and a lucrative $19.4 billion contract with Microsoft, Nebius is positioned for explosive growth.

The implications for Nebius are profound; the company anticipates a revenue backlog nearing $50 billion, a staggering leap from its 2025 revenue of $530 million. With aggressive expansion plans to increase data center capacity from 170 MW to potentially over 3 GW, Nebius is well-equipped to meet the demands of its contracts, which could lead to substantial revenue increases by 2028.

For market professionals, Nebius presents a compelling growth opportunity with significant upside potential. I recommend exploring the full details of this transformative deal in the original article.

Source: fool.com