Goldman Sachs has initiated coverage of Nebius Group (ticker: NBIS) with a Buy rating and set a price target of $68. The analyst highlighted a compelling risk-reward profile driven by the company's focus on AI Neocloud secular growth, full-stack edge computing, and cost scale advantage. Following the initiation, NBIS shares have shown strong performance, breaking through the $50 psychological level and reaching new 52-week highs. The stock has experienced multiple rebounds and continued upward momentum, recently surpassing the $55-$56 resistance area and rising by as much as 9% to fresh highs.