Latest news with #MarcBoroditsky
Business Insider
4 days ago
- Business
- Business Insider
Nebius Stock (NBIS) Surges 20% Following a $1B AI Funding Round
Nebius (NBIS) stock caught the attention of an analyst and investors on Thursday after the cloud computing and digital infrastructure services company secured $1 billion in convertible notes. The funds gained from this will be used to develop the company's artificial intelligence (AI) capabilities. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In addition to this, Nebius recently named Marc Boroditsky as its new Chief Revenue Officer. The company expects his leadership experience to help it with global expansion plans. He helped Twilio (TWLO) sextuple its paying customers and increase revenue more than tenfold over a five-year period. All of this positive news resulted in updated analyst coverage of NBIS stock. Arete analyst Andrew Beale initiated coverage of the company with a Buy rating and an $84 price target, suggesting a 74.67% upside for the shares. The analyst also highlighted Nebius as his preferred pick over CoreWeave (CRWV), which he rated Neutral with a $130 price target, due to its relatively low valuation. NBIS Stock Movement Today All of the attention on Nebius stock has resulted in strong movement on Thursday. Shares of NBIS were up 19.95%, extending a 73.25% year-to-date rally. The company's stock has also soared 107.97% over the past 12 months. Retail traders have also taken note of NBIS stock today with heavy trading of the shares. This saw some 28.32 million units traded, compared to a three-month daily average of about 9.99 million. Is Nebius Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for Nebius is Strong Buy, based on three Buy ratings over the past three months. With that comes an average NBIS stock price target of $52.33, representing a potential 10.31% upside for the shares. This rating and price target don't include the new Arete coverage.
Yahoo
5 days ago
- Business
- Yahoo
Nebius Stock Soars on $1B AI Funding, Analyst Sees 75% Upside
June 5 - Shares of Nebius (NASDAQ:NBIS) climbed about 20% Thursday after the company secured $1 billion through convertible notes to strengthen its artificial intelligence operations. The cloud infrastructure provider said the capital will go toward advancing its AI development plans as it eyes long-term growth opportunities in the fast-expanding sector. Warning! GuruFocus has detected 5 Warning Signs with NBIS. Nebius also appointed Marc Boroditsky as Chief Revenue Officer. He previously led Twilio's (NYSE:TWLO) revenue organization, helping to grow its paying customer base and significantly scale revenue over five years. The company said it expects Boroditsky's leadership to support its global expansion efforts. Following the announcements, Arete analyst Andrew Beale began coverage of Nebius with a Buy rating and a price target of $84. That implies nearly 75% upside from current levels. Beale also said Nebius offers better value than CoreWeave (NASDAQ:CRWV), which he rated Neutral with a $130 target. Nebius shares jumped nearly 20%, extending their 73% gain so far this year. Trading volume reached more than 28 million shares Thursday, almost triple the three-month daily average. The stock is up about 108% over the past 12 months. This article first appeared on GuruFocus.
Yahoo
5 days ago
- Business
- Yahoo
Nebius Stock Soars on $1B AI Funding, Analyst Sees 75% Upside
June 5 - Shares of Nebius (NASDAQ:NBIS) climbed about 20% Thursday after the company secured $1 billion through convertible notes to strengthen its artificial intelligence operations. The cloud infrastructure provider said the capital will go toward advancing its AI development plans as it eyes long-term growth opportunities in the fast-expanding sector. Warning! GuruFocus has detected 5 Warning Signs with NBIS. Nebius also appointed Marc Boroditsky as Chief Revenue Officer. He previously led Twilio's (NYSE:TWLO) revenue organization, helping to grow its paying customer base and significantly scale revenue over five years. The company said it expects Boroditsky's leadership to support its global expansion efforts. Following the announcements, Arete analyst Andrew Beale began coverage of Nebius with a Buy rating and a price target of $84. That implies nearly 75% upside from current levels. Beale also said Nebius offers better value than CoreWeave (NASDAQ:CRWV), which he rated Neutral with a $130 target. Nebius shares jumped nearly 20%, extending their 73% gain so far this year. Trading volume reached more than 28 million shares Thursday, almost triple the three-month daily average. The stock is up about 108% over the past 12 months. This article first appeared on GuruFocus.
Business Wire
28-05-2025
- Business
- Business Wire
Marc Boroditsky Joins Nebius as Chief Revenue Officer
AMSTERDAM--(BUSINESS WIRE)--Nebius (NASDAQ: NBIS), a leading AI infrastructure company, today announced the appointment of Marc Boroditsky as Chief Revenue Officer as the company continues to build out its global sales team. A seasoned senior tech executive, Marc has a strong global go-to-market track record of driving high growth – in five years at Twilio he grew paying customers six times, and revenue more than 10 times to $4 billion. Previously he founded several successful companies, and served as a senior leader at Oracle and most recently Cloudflare. Arkady Volozh, founder and CEO of Nebius, welcomed Marc to the company: 'We are building a global company and planning to grow many times in the coming years. Marc is the perfect candidate to help Nebius scale to multiple billions of dollars of revenue by unlocking sales across geographies, sectors and enterprise customers.' Marc Boroditsky, incoming Chief Revenue Officer of Nebius, said: 'I'm amazed at how much the team at Nebius has built in such a short time. This company is one of the best kept secrets in AI – and that's about to change. Nebius has all of the key ingredients to lead the AI infrastructure market – industry-leading technology, an outstanding team and ready access to growth capital. I am thrilled to be joining Arkady and the team and look forward to building a high performance go-to-market organization as Chief Revenue Officer.' About Nebius Nebius is a technology company building full-stack infrastructure to service the explosive growth of the global AI industry, including large-scale GPU clusters, an AI-native cloud platform, and tools and services for developers. Headquartered in Amsterdam and listed on Nasdaq, the Company has a global footprint with R&D hubs across Europe, North America and Israel. Nebius's AI Cloud has been built from the ground up for intensive AI workloads. With proprietary software and hardware designed in-house, Nebius gives AI builders the compute, storage, managed services and tools they need to build, tune and run their models. Nebius is one of only a handful of companies globally to hold Reference Platform NVIDIA Cloud Partner status, underscoring its expertise in designing and deploying a full stack of hardware and software infrastructure to NVIDIA's Reference Architecture. To learn more please visit Disclaimer Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. All statements contained in this press release other than statements of historical facts, including, without limitation, statements regarding our future financial and business performance, our business and strategy, expected growth, planned investments and capital expenditure, capacity expansion plans, anticipated future financing transactions and expected financial results, are forward-looking statements. The words 'anticipate,' 'believe,' 'continue,' 'estimate,' 'expect,' 'guide,' 'intend,' 'likely,' 'may,' 'will' and similar expressions and their negatives are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. Actual results may differ materially from the results predicted or implied by such statements, and our reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted or implied by such statements include, among others: our ability to build our businesses to the desired scale, competitive pressures, technological developments, our ability to secure and retain clients, our ability to secure capital to accommodate the growth of the business, unpredictable sales cycles, potential pricing pressures, as well as those risks and uncertainties related to our continuing businesses included under the captions 'Risk Factors' and 'Operating and Financial Review and Prospects' in our Annual Report on Form 20-F for the year ended December 31, 2024, filed with the Securities and Exchange Commission ('SEC') on April 30, 2025, which are available on our investor relations website at and on the SEC website at All information in this press release is as of May 28, 2025 (unless stated otherwise). Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. In addition, statements that 'we believe' and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.
