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▌Earnings Flash·November 12, 2026

Nebius Group N.V. (NBIS) slumps despite earnings beats

Nebius Group N.V. (NBIS) slumps 17.0% even after earnings beats, as investors react to the latest results and outlook concerns.

Earnings FlashNBISTechnologySoftware - Application
By TickerSpark·November 12, 2026·2 min read
Nebius Group N.V. (NBIS) slumps despite earnings beats
▌Key Takeaway
Nebius Group N.V. (NBIS) reported a clear earnings beat, posting $0.30 EPS versus a loss estimate and $0.98 billion in revenue above expectations. Despite the profit inflection, the stock fell 17.01% in regular trading, signaling investors are demanding proof that this turnaround is durable before re-rating the shares.

Nebius Group N.V. (NBIS) Earnings Beat, Stock Slumps

Nebius Group N.V. (NBIS) beat both earnings and revenue estimates, posting $0.30 EPS and $0.98B in revenue, yet its stock slumped 17.01% to $128.38 in regular-session trading.

Key Numbers

  • EPS: $0.30 actual versus -$0.72363 estimated, a clear beat.

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Revenue: $0.98B actual versus $0.91B estimated, also a beat.
  • Stock reaction: NBIS fell 17.01% from the prior close of $154.69 to $128.38.
  • Trading range: Shares moved between $118.91 and $132.66 during the regular session.
  • Volume: 28,914,029 shares traded, above the 20,369,671 average.
  • EPS trend: The company moved from -$0.99 in February, to -$0.23 in May, to -$0.12 in August, then reached $0.30.
  • A Profit Inflection Meets a Sharp Market Reversal

    The $0.30 EPS result marks a sharp change from the prior four reported quarters. Nebius posted negative EPS in each of those periods, including -$0.12 in August and -$0.99 in February. This quarter is the first positive EPS result in the five-quarter sequence.

    Revenue also cleared its estimate, reaching $0.98B against $0.91B. Still, the 17.01% regular-session decline shows the beat did not support the stock's prior $154.69 closing price. The heavy volume adds weight to that reaction, turning a strong headline result into a test of whether positive EPS can become a durable trend.

    Bottom line: NBIS delivered a major earnings and revenue beat, but the steep selloff keeps the focus on whether this profit inflection can last.

    Read the full NBIS research report
    ▌Common Questions

    Frequently asked questions

    +Did Nebius Group (NBIS) beat earnings and revenue estimates?
    Yes. Nebius Group reported $0.30 EPS versus an estimated -$0.72363, and revenue of $0.98 billion versus an estimated $0.91 billion. It was the company's first positive EPS result in the last five reported quarters.
    +Why did NBIS stock fall after beating earnings?
    NBIS shares fell 17.01% to $128.38 despite the beat, showing investors were not convinced the results justify the prior valuation. The market reaction suggests concern about whether the new profitability is sustainable rather than a one-quarter anomaly.
    +How much did Nebius Group stock move on the earnings report?
    Nebius Group stock dropped from the prior close of $154.69 to $128.38, a decline of 17.01% in regular-session trading. The stock traded between $118.91 and $132.66 on volume of 28,914,029 shares, above its average volume.
    +Is Nebius Group (NBIS) now profitable?
    For this quarter, yes: Nebius reported positive EPS of $0.30 after four straight quarters of negative earnings. However, investors will likely wait to see whether the company can sustain profitability before treating it as a lasting turnaround.
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    ▌More on NBIS

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