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Open original source ↗Many of the retail bulls on the neoclouds don’t seem to understand how capital-intensive this business model is. For example, it is currently costing $NBIS over $4 in capital employed to generate $1 in revenue. The growth is coming at a very high cost(and commensurately low ROIC)
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Please explain to me how $NBIS can be overvalued: 7-9B ARR at the end of 2026 at a MC of 55B Not a ridiculous P/S at all for a company growing at this rate... Stock seems overhyped but is actually cheap!
YodaStockInvest ↗