Nebius Group N.V. (NBIS) Price Forecast: Bull Flag Signals Breakout Potential

Company Overview and Recent Price Action

Nebius Group NV (NBIS) builds vertically integrated AI infrastructure, including large-scale GPU clusters and cloud platforms. Its stock recently completed a 50% retracement with a low of $71.52, finding support near the 200-day moving average and turning higher. Earnings for its fiscal Q4 2025 were reported on February 12. The stock is higher since, confirming strength with a reclaim of the confluence of the 10-day and 50-day moving averages near $92.73. Together, this suggests a key pivot zone and therefore potentially strong support.

Bull Flag Pattern and Breakout Setup

The successful test of support at the 200-day moving average was the first since it was reclaimed in May of last year. Additional verification of support near the average was provided by the first pullback following the initial bounce. NBIS is now poised to break out above the confluence of a downtrend line and a lower swing high at $110.50 thereby triggering a bull flag continuation pattern. A daily close above that high will confirm the upside breakout and trigger a reversal of the bearish correction. The recovery of the moving averages suggests that the recovery may be sustained.

Short-Term Consolidation and Key Support Levels

In the short-term NBIS is a little extended. An initial pullback or consolidation prior to a breakout would provide a little time to build demand so that the breakout might have a better chance of success. Key support is at the confluence of the 20-day and 50-day moving averages, currently at $92.85 and $92.41, respectively. If those averages fail to hold as support, the potential for a breakout of the flag is delayed.

Upside Targets and long-Term Trend

The recent 50% correction in NBIS followed a sharp 671% rally in only six months. It resulted in a bull flag, which suggests the potential for another strong leg up once the flag breakout is confirmed. Nonetheless, initial upside targets are the September peak at $141.10, followed by a 127.2% Fibonacci extension at $159.39. However, the sharp advance before the flag that led to a record high, suggests the long-term bull trend remains intact for NBIS.

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