The Zhitong Finance App learned that Morgan Stanley released a research report after the third quarter earnings report was announced by artificial intelligence (AI) cloud computing service provider Nebius Group (NBIS.US), saying that although the company's revenue and profitability both exceeded market expectations, demand for AI computing power continued to be strong, customer contract size and computing power rental prices further increased, and delays in delivery of third-party data centers caused the company to lower its 2026 revenue guidelines and delayed some revenue growth until the first half of 2027. Considering the implementation risks faced by data center construction and computing power deployment, as well as the financing pressure brought about by future large-scale capital expenditure, Morgan Stanley maintained the stock's “hold and wait” rating and target price of $144. There is a potential increase of about 12% compared to its closing price of $128.64 on November 12.

The Zhitong Finance App learned that Morgan Stanley released a research report after the third quarter earnings report was announced by artificial intelligence (AI) cloud computing service provider Nebius Group (NBIS.US), saying that although the company's revenue and profitability both exceeded market expectations, demand for AI computing power continued to be strong, customer contract size and computing power rental prices further increased, and delays in delivery of third-party data centers caused the company to lower its 2026 revenue guidelines and delayed some revenue growth until the first half of 2027. Considering the implementation risks faced by data center construction and computing power deployment, as well as the financing pressure brought about by future large-scale capital expenditure, Morgan Stanley maintained the stock's “hold and wait” rating and target price of $144. There is a potential increase of about 12% compared to its closing price of $128.64 on November 12.