Nebius Group NV shares fall after the Amsterdam-based AI cloud company issues a weaker outlook for 2026, attributing the change to delays at some co-location data centre sites used to power its “neocloud” services. Several outlets report the drop in trading is tied to guidance rather than near-term performance.
Despite the warning, outlets also agree that Nebius posts sharply higher quarterly revenue. The Next Web and Bloomberg cite revenue rising to roughly $981m (with analysts’ expectations described in at least one report). Tech.eu frames the same results around both revenue growth and the operational delays affecting capacity.
Reporting also highlights spending changes: CNBC and The Next Web say Nebius increases capital expenditure plans for 2026. CNBC adds broader market context by noting other neocloud providers recently reported results, while Channel NewsAsia emphasizes that Nebius beats quarterly revenue estimates on strong AI demand. Overall, the outlets converge on the core picture: strong quarterly sales paired with guidance caution linked to data-centre timing.
