On September 17, NEBIUS rose 9.74% in regular trading, trading at $214.52/share, with turnover of $1.075 billion. The surge was primarily driven by the company's announcement of a comprehensive price increase across its GPU cloud services.
NEBIUS confirmed it will raise on-demand service rates for GPU, CPU, and memory resources effective October 1, with an average price increase of approximately 20%. The hike covers multiple Nvidia chip models including H100, H200, B200, and B300, with the B300 seeing the largest dollar increase — up roughly 21% to $9.50 per GPU-hour. This marks the company's second round of price increases since May, which the market interprets as a strong signal that AI compute demand continues to run hot while supply remains constrained. CoreWeave simultaneously followed with its own price increases, reinforcing the narrative of strengthening pricing power among GPU cloud service providers.
Additionally, NEBIUS is set to be included in the Nasdaq 100 index, driving expectations of passive fund allocation inflows. Truist recently initiated coverage with a Buy rating and a $355 price target, citing the company's ability to capture market share from both emerging and hyperscale cloud providers.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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