Billionaire Rob Citrone’s Top 10 Stock Picks

6. Nebius Group N.V. (NASDAQ:NBIS)

Rob Citrone’s Latest Stake Value: $53,958,935

Number of Hedge Funds Holding Stakes: 66

Nebius Group N.V. (NASDAQ:NBIS) is an emerging leader in AI infrastructure. It provides comprehensive technology solutions for AI developers through its large-scale GPU clusters, cloud platforms, and specialized developer tools. Nebius Group has a Moderate Buy rating with 2 buy ratings and no hold or sell ratings. The average 12-month price target is $45.00, reflecting a 113.47% increase from the current price of $21.08.

The recent earnings report indicates that Nebius Group N.V.’s (NASDAQ:NBIS) growth momentum is robust. Fourth-quarter 2024 revenue surged 466% year-over-year to $37.9 million, while full-year revenue increased by an equally impressive 462% to $117.5 million. This remarkable performance reflects the company’s successful expansion strategy, which includes the announcement of its first GPU cluster deployment in the United States along with significant capacity additions across its European operations.

Looking ahead, Nebius (NASDAQ:NBIS) has set ambitious growth targets. It projects an Annual Recurring Revenue (ARR) between $750 million and $1 billion for 2025. This optimistic outlook is supported by the company’s aggressive data center expansion plans and the integration of cutting-edge Blackwell GPUs into its infrastructure portfolio. Management has outlined a clear roadmap to increase data center capacity to 100 megawatts by the end of 2025, with potential further scaling to exceed 300 megawatts.