Nebius’ Hidden Revenue Stream: Betting on a $45B+ Backlog to Drive a Mid-Term Rally
Nebius just locked down massive capacity deals with hyperscalers and has a backlog that could dwarf its current market cap. This trade idea lays out an entry at $104.51, a $150 target and a $92 stop, with a 45-trading-day horizon to capture contract monetization, rising utilization and accelerating ARR.