Why Nebius Stock Jumped in March

By Howard Smith – Apr 5, 2026 at 10:06AM ESTKey PointsAI capacity rental prices have soared, and that's great news for Nebius. Nebius raised additional capital last month. Deals with Nvidia and Meta have investors more excited about the company's future. Nebius Group (NBIS +6.74%) is expanding partnerships, and investors are getting more excited about its potential and future prospects. Those announcements and other factors helped drive Nebius stock up 13.8% in March, according to data provided by S&P Global Market Intelligence. Perhaps the biggest news was an investment in the company by artificial intelligence (AI) leader Nvidia. That news was especially notable because Nvidia also owns a large stake in Nebius competitor CoreWeave. Image source: The Motley Fool. Signals of high demand The fundamental principle of business revolves around the concept of supply and demand. That compute capacity for AI applications is in demand hasn't been in dispute. Nebius offers that capacity, but so do its competitors. It was telling, then, when Nvidia announced plans last month to invest $2 billion in Nebius. That helped showcase its confidence in Nebius's business capabilities and its technology throughout the entire AI technology stack. What makes it particularly notable, though, is that, as of the end of 2025, Nvidia already owned a more than 12% stake in Nebius competitor CoreWeave. The Nvidia investment will help Nebius to implement over 5 gigawatts (GWs) of Nvidia systems over the next five years. And that wasn't the only big partnership Nebius recently announced. It also revealed a new, long-term supply agreement with Meta Platforms that will provide Meta with $12 billion in AI infrastructure capacity via different locations starting early next year. Nebius keeps investing, too Nebius is taking advantage of the high demand to continue to expand its capacity, too. It has confidence that supply will be utilized partly from the Meta agreement. That deal also included another $15 billion commitment from Meta to purchase additional available compute capacity over a five-year period. That is in addition to other third-party customers who seek to purchase Nebius capacity. Nebius should want to continue supplying the spot business as well. The high demand has resulted in a 40% increase in some AI infrastructure rental prices since October, according to the SemiAnalysis newsletter. Nebius also raised over $4 billion in a convertible note offering last month. Those funds will be used to further expand its cloud capacity. That includes a new project announced at the end of March. Nebius plans to build a new data center in Finland with a capacity of over 300 megawatts. ExpandNASDAQ: NBISNebius GroupToday's Change(6.74%) $6.87Current Price$108.82Key Data PointsMarket Cap$27BDay's Range$96.23 - $108.9152wk Range$18.31 - $141.10Volume670KAvg Vol15MGross Margin-765.63% That's another part of the company's 2026 goal to attract 3 GW of contracted business. That high level of spending is what could keep the stock highly volatile, however. Investors should expect to see pullbacks, and those might be the best times to buy Nebius stock this year. Read NextApr 2, 2026 •By Keithen DruryThis AI Stock Could Mint New Millionaires by 2030Apr 2, 2026 •By Keithen Drury1 Multibagger Investment Opportunity I'm Eyeing in AprilApr 2, 2026 •By Harsh ChauhanNebius Just Signed $46 Billion in AI Cloud Deals With Microsoft and Meta.

Can This Stock 10X?Apr 1, 2026 •By Rick OrfordIs Nebius a Buy, Sell, or Hold After its Last Raise?Mar 30, 2026 •By Motley Fool StaffAnother Day, Another Massive AI Infrastructure DealMar 30, 2026 •By Jack CaporalThe AI Stocks Hedge Funds Love the MostAbout the AuthorHoward Smith is a contributing Motley Fool stock market analyst covering technology and industrial stocks. Prior to The Motley Fool, Howard spent nearly 30 years supervising quality and operations in the steel industry, mostly with leading steel company Nucor. He holds a bachelor’s degree in metallurgical engineering from Lafayette College and a master’s degree in environmental engineering from Johns Hopkins University.TMFBuilt2LastStocks MentionedNebius GroupNASDAQ: NBIS$108.82(+6.74%)+$6.87Meta PlatformsNASDAQ: META$574.46(-0.82%)-$4.77NvidiaNASDAQ: NVDA$177.28(+0.87%)+$1.53CoreWeaveNASDAQ: CRWV$82.24(+4.84%)+$3.80*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.