NBIS

NBIS Earnings Preview

28d until earnings

NBIS Earnings

2026-04-29
EPS Estimate
$-0.78
$-1.03 – $-0.47
Revenue Estimate
$397M
Earnings Trend
mixed
Current Price
$103.76

Our Position

bearish · high

$46B in contracts masks margin crisis, Q1 earnings are make-or-break

est. revisions falling (-6.2pp / 30d)

Contract wins are letterhead until NBIS proves it can scale margins. Revenue deceleration into massive capex spend signals the company is trading future optionality for present cash burn, a bet only legit if Q1 2026 shows 25%+ sequential growth and margin ceiling-out. Miss and the consensus target unwinds.

Watch: Q1 2026 earnings next: sequential revenue growth above 25% and operating margin deceleration halt are the only metrics that validate analyst upgrades and justify the 48x sales valuation.

Data Signal Summary

3 bullish
1 bearish
Estimates up +14% Put/call 0.5 (bullish skew) Analysts: bullish Price downtrend

Key Context

Analyst Consensus
bullish
Price Trend
downtrend
1-Month Return
+1.2%
From 52w High
-31.9%
P/E Ratio
916.5
Est. Revisions (30d)
+14.5% 0up/0dn
Analyst Target (mean)
$166 $85–$291
Options P/C Ratio
0.48 13C/2P unusual
Est. Dispersion
177% 3 analysts
Fund Convergence
strong Citadel, Bridgewater, D.E. Shaw

Recent Activity

analyst rating 8d ago
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transcript 61d ago
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