Nebius: Strong R&D And Technology Legacy Applied To New Growth Markets (Archive)

Nebius is redeploying elite Yandex engineering to build a high-growth AI infrastructure platform.

Nebius: Strong R&D And Technology Legacy Applied To New Growth Markets (Archive)

This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.

Elevator Pitch

  • Nebius Group is a former Russian mega tech company (Yandex) starting over after severing all ties to Russia.
  • Nebius' management and R&D teams have a strong right-to-win in the data center infrastructure markets they are targeting.
  • Nebius' core business is expected to expand rapidly in FY25, driven by growth in customer accounts and data center capacity expansions.
  • 1-yr fwd EV/Revenue valuations are attractive vs peers, especially pure-play competitors. Relative technicals vs SPX500 are also bullish.
  • Much of the leadership team including the CEO comes from the former Russian company. But I don't have many doubts about their alignment toward minority shareholders.

Read the full article here.

Disclosures and Disclaimers

Past performance ≠ future results. Not investment advice. See full Disclaimer.