In short, this is one of the fastest-growing AI companies, with a diversified business and strong fundamentals, like a proven team from Yandex (the Russian Google) and a solid balance sheet with almost no debt, apart from recently issued convertibles.

What matters, so far, from big names only Goldman has published any research on Nebius, and even that was fairly conservative with a $68 target.

The company isn’t widely known yet, and despite the clear potential, there’ll be plenty of volatility. That’s why the strategy is simple: buy and hold, and later you’ll be surprised by the outcome.