Nebius Group N.V. (NASDAQ:NBIS) shares are up during Monday's premarket session following the announcement of a long-term artificial intelligence infrastructure agreement with Meta Platforms Inc. (NASDAQ:META).

The agreement could reach a total contract value of up to $27 billion, significantly expanding the companies' collaboration in AI cloud computing.

The five-year agreement will see Nebius supply dedicated AI compute capacity to Meta across multiple locations.

The deployment will be based on one of the first large-scale implementations of the NVIDIA Vera Rubin platform, a next-generation infrastructure designed to support advanced AI workloads.

Nebius expects to begin delivering this capacity in early 2027.

Multi-Billion Dollar Capacity Commitment

Under the agreement, Nebius will provide approximately $12 billion worth of dedicated AI infrastructure capacity to Meta over the contract period.

Arkady Volozh, founder and CEO of Nebius, said, "We are pleased to expand our significant partnership with Meta as part of securing more large, long-term capacity contracts to accelerate the build-out and growth of our core AI cloud business. We will continue to deliver."

In addition to the base infrastructure commitment, Meta has also agreed to purchase additional compute capacity tied to upcoming Nebius clusters.

These purchases could reach up to $15 billion over five years.

Nebius said it currently plans to sell the capacity from these clusters to third-party AI cloud customers.

Meta would then purchase any remaining unused capacity under the agreement.

Nvidia Invests $2 Billion in Nebius AI Cloud

The update comes just a few days after a significant investment from Nvidia Corp (NASDAQ:NVDA).

This partnership builds on Nebius's ongoing deployment of Nvidia infrastructure, with plans to expand its AI factory capacity to over 5 gigawatts by the end of 2030.

Nebius Technical Analysis

The stock is currently trading 9.6% above its 20-day simple moving average (SMA) and 8.1% above its 100-day SMA, demonstrating longer-term strength.

Shares have increased 299.26% over the past 12 months and are currently positioned closer to their 52-week highs than lows.

The RSI is at 60.98, which is considered neutral territory, while MACD is at 2.9490, above its signal line at 1.2737, indicating bullish momentum.

The combination of neutral RSI and bullish MACD suggests mixed momentum.

  • Key Resistance: $135.00
  • Key Support: N/A

Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $150.63. Recent analyst moves include:

  • Compass Point: Initiated with Buy (Target $150.00) (Feb. 18)
  • BWS Financial: Buy (Maintains Target to $130.00) (Feb. 17)
  • Morgan Stanley: Initiated with Equal-Weight (Target $126.00) (Jan. 15)

Benzinga Edge Rankings

Below is the Benzinga Edge scorecard for Nebius Group, highlighting its strengths and weaknesses compared to the broader market:

  • Value: 3.28 — The stock is trading at a premium relative to peers.
  • Momentum: 97.52 — Stock is outperforming the broader market.

The Verdict: Nebius Group's Benzinga Edge signal reveals a classic ‘High-Flyer' setup. While the Momentum (97.52) confirms the strong trend, the low Value (3.28) score warns that the stock is priced for perfection—investors should ride the trend but use tight stop-losses.

NBIS Stock Price Activity: Nebius Group shares were up 14.67% at $129.52 during premarket trading on Monday, according to Benzinga Pro data.

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