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Nebius stock falls after cutting its 2026 revenue forecast on delays
Nebius stock fell after cutting 2026 revenue forecast due to delays.
Context
What happened: Nebius beat revenue expectations, with revenue up 571% from a year ago. The company said it expects 2026 revenue at the low end of its $3 billion to $3.4 billion range.
Key numbers: Revenue rose 571% year over year. 2026 revenue guidance is $3 billion to $3.4 billion, at the low end. The stock fell 8% on Thursday.
Why it matters: The stock decline followed the guidance pointing to the low end of the 2026 range, even as the company topped revenue expectations.
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What changed
Nebius beat revenue expectations, with revenue up 571% from a year ago. The company said it expects 2026 revenue at the low end of its $3 billion to $3.4 billion range.
Why it matters
The stock decline followed the guidance pointing to the low end of the 2026 range, even as the company topped revenue expectations.