Wall Street Says Nebius Group ARR Can 10X in 4 Years

Wolfe Research projects that Nebius Group's annual recurring revenue (ARR) can increase nearly 10 times from $4 billion to $41 billion by 2030, driven by a 5 GW contracted power pipeline with major deals from Microsoft and Meta. The company posted strong AI cloud EBITDA margins, but sustaining growth while increasing power deployment is a critical challenge.

This Wire brief sits within Fusion42's coverage of AI Infrastructure.