macro

Nebius Shares Slide Before the Bell as 2026 Revenue Outlook Disappoints

Shares of the Dutch AI cloud firm Nebius fell about 15% premarket after quarterly results pointed to revenue at the low end of guidance, per WSJ.

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what happened

According to the Wall Street Journal, Nebius stock dropped roughly 15% in premarket trading after the company reported quarterly earnings. The Dutch AI cloud provider, listed on the Nasdaq, competes with CoreWeave. Nebius now expects full-year 2026 revenue to land at the bottom of its previously stated $3 billion to $3.4 billion range, and it attributed the gap partly to some sales shifting into early next year.

The company was launched by a former head of Yandex, the Russian internet group. Nvidia is among its backers, and Jensen Huang's firm agreed in March to put $2 billion into Nebius to advance its AI work.

why it matters

The drop shows how quickly investors punish missed revenue expectations, even at AI companies with strong chipmaker support. A forecast at the low end of the range, plus revenue pushed into a later period, leaves the market looking more closely at growth across the AI cloud infrastructure sector.

market impact

Nebius shares: a trimmed revenue outlook weighs on the stock

  • Nebius shares pressure down — revenue guidance narrowed to the low end, with some sales pushed into early next year

tags

instruments

NebiusNvidia ↗CoreWeaveNasdaq

on polymarket

sources

  1. Stock in Nebius, Nvidia's Business Partner, Drops After Earnings — WSJ, 12 November 2026 at 13:29 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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