AI infrastructure firm Nebius jumps after raising annual ARR forecast

Shares of AI infrastructure firm Nebius Group jump ~22% to $67.1

Co raised its annualized run-rate revenue forecast for 2025 to $900 million to $1.1 billion from $750 million to $1 billion

Co reported Q2 revenue of $105.1 million, up 625% vs ests of $101.2 million, according to four analysts polled by LSEG

"We are aggressively scaling up capacity to capture this substantial opportunity and are in the process of securing more than 1 GW of power by the end of 2026," said CEO, Arkady Volozh

Including session gains, stock up 144% YTD