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Posted by
Two Blokes Jun 18 -
Filed in
Stock
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8 views
Nebius stock has seen a good momentum in the past few weeks as the market cap races above $12 billion. The Q1 performance was quite good with $1.4 billion in cash, which has increased after recent private placement of $1 billion convertible notes. The management has forecasted reaching $1 billion in ARR by year-end, but the main issue will be the ability to reach positive EBITDA in the next few months.
