Goldman Sachs raised its price target for Nebius Group (NBIS) to $205.
The firm maintained its Buy rating, up from a previous $160 target. Nebius secured a historic $27 billion long-term contract with Meta in March. Goldman increased revenue estimates for fiscal years 2027 through 2030 based on the agreement.
Separately, TD SYNNEX is expanding its AI Infrastructure-as-a-Service portfolio. The company will offer dedicated NVIDIA HGX B300 clusters on the Nebius AI Cloud. This partnership provides partners with reserved access to factory-grade GPU infrastructure. The initiative aims to accelerate enterprise AI adoption via high-performance computing.