Nebius Group reported second-quarter revenue of $105.1 million, a 625% increase from a year earlier, and said it achieved positive adjusted EBITDA sooner than expected. The cloud-infrastructure provider also lifted its 2025 revenue forecast to $900 million–$1.1 billion as demand for its artificial-intelligence services accelerates. The company outlined plans to expand its AI computing capacity to one gigawatt by 2026, positioning itself to capture additional enterprise workloads. Following the results, BWS Financial reiterated its Buy rating and raised its price target to $90 from $80, while Goldman Sachs increased its target to $77 from $68, citing stronger recurring revenue prospects and sold-out GPU capacity.