People keep asking if $NBIS is getting overvalued at $50. I strongly disagree, we're only getting started. Led by ex-Yandex founder Arkady Volozh, it’s building one of Europe’s largest AI infrastructure businesses. Here's why i think $NBIS is still a buy at $50 👇 (1) Valuing a company like $NBIS isn't about slapping on a simple multiple and calling it a day, especially for a high-growth AI infrastructure player in its early scaling phase. At its core, $NBIS is betting big on the explosive demand for AI compute, with a vertically integrated platform that's drawing comparisons to peers like $CRWV while carving out its own niche in Europe and beyond.

The stock hovers around $51, but is that overvalued? Far from it. In fact, my conservative fair value comes in at $68 per share, with room for upside to $80 if results continue to surprise. Let me walk you through how I got there, step by step, drawing on forward-looking multiples, comparable companies, and realistic projections.