Nebius (NBIS) stock rises after Morgan Stanley starts coverage — what traders watch next
NEW YORK, Jan 15, 2026, 20:48 EST — Market closed. Nebius Group N.V. shares ended Thursday up 1.9%, closing at $103.89, following Morgan Stanley’s debut coverage of the AI-focused cloud infrastructure firm. (GuruFocus) The call comes at a sensitive time for AI infrastructure stocks. Investors continue to favor the “picks-and-shovels” players, yet they swiftly penalize any company showing cash burn and narrow execution timelines. Morgan Stanley initiated coverage with an Equal Weight rating and set a $126 price target, noting Nebius’ vertically integrated AI cloud has gained “strong external validation and key reference customers.” The firm also cautioned that Nebius’