Nebius Group: Can This AI Stock Make You a Millionaire?
Nebius Group (NBIS), an AI hyperscaler, is generating significant buzz as a potential millionaire-maker stock in 2025. With a year-to-date gain exceeding 350%, the company is attracting attention for its explosive growth and position in the rapidly expanding artificial intelligence (AI) infrastructure market. But can a $10,000 investment in Nebius truly make you a millionaire?
What Nebius Group Does
Nebius Group focuses primarily on AI infrastructure, operating large-scale GPU clusters across Europe, the U.S., and the Middle East. This infrastructure allows the company to handle massive AI processing loads, positioning it as a key player in the AI revolution.
Notable customers utilizing Nebius's services include Cloudflare (NET) and Shopify (SHOP), along with numerous AI start-ups. Besides AI infrastructure, Nebius also has a subsidiary, Avride, working on autonomous driving technology in collaboration with Uber (UBER). Furthermore, its TripleTen subsidiary offers online technology skills education.
The company also holds equity stakes in Toloka, which provides curated data for AI, and ClickHouse, an open-source database management platform.
Characteristics of a Potential Millionaire-Maker Stock
Millionaire-maker stocks often exhibit key characteristics. Nebius appears to possess several of these, including being an early entrant in a high-growth market. While not the largest AI hyperscaler, Nebius is establishing itself as a significant player. According to CEO Arkady Volozh, only a handful of companies possess the expertise and scale to compete in this field.
Another vital characteristic is substantial revenue growth. In the second quarter of 2025, Nebius's revenue surged by 625% year-over-year and 106% quarter-over-quarter. The company also needs adaptable management; Volozh, who founded Yandex, has demonstrated this ability by divesting Russian holdings and refocusing Nebius on AI infrastructure following the Russian invasion of Ukraine.
The Challenge of Achieving a 100x Return
Turning $10,000 into $1 million requires a 100x return, a difficult feat. With a current market cap around $32 billion, Nebius would need to reach $3.2 trillion to achieve this. Only a few companies worldwide have such a large market cap today. While possible in the long term, this remains a significant challenge.
Financial Outlook and Potential Risks
Nebius has increased its forecast for its AI business, projecting an annualized revenue run rate of $900 million to $1.1 billion by the end of the year, up from a previous estimate of $750 million to $1 billion. It is important to note that Nebius recently undertook public and private offerings totaling more than $4 billion to fund expansion.
Is Nebius Your Ticket to a Million Dollars?
The AI market is projected to reach over $2 trillion in the coming years, and Nebius is poised to benefit from the demand for AI infrastructure. However, revenue is skyrocketing. Although Nebius offers attractive opportunity, the stock's high valuation and dependence on continued growth present risks. A diversified portfolio provides a better chance to accumulate wealth.
Ultimately, while Nebius may not single-handedly make you a millionaire, its growth prospects suggest it could be a valuable addition to a well-diversified portfolio for long-term investors.
