NBIS stock jumps 11% after CoreWeave results, Nebius reports Nov 12
NBIS stock (Nebius) rose more than 11% after CoreWeave's strong quarter, and Nebius reports its own Q3 results on November 12.
Event: November 12, 2026
Primary source: November 11, 2026
Published here: November 11, 2026 at 12:06 PM UTC
Read: 2 min
What happened
NBIS stock, meaning Nebius Group, rose more than 11% overnight. The day before, rival CoreWeave posted revenue of $3.66 billion, up 168% from a year ago, and raised its 2026 outlook. Nebius reports its own third quarter on Thursday, November 12, before the market opens.
Why it matters to you
Nebius and CoreWeave both sell cloud computing power for AI. When one shows demand in hard numbers, attention shifts to the other. But a rival's report is no promise: Nebius has its own customers, costs and losses.
What to check and watch
Revenue, loss per share and any comments on new contracts. Analysts expect revenue of about $907.2 million. That is an expectation, not a result. An overview, not advice.
Where it’s happening
LIVEDrag to spin. Green dots: the exchange is trading right now (regular hours, holidays not counted). Shadow: where it is night now. Borders: Natural Earth, quakes: USGS. Layer idea: God’s Eye View (MIT).
What happened. According to Stocktwits on Yahoo Finance, Nebius Group (NBIS) shares rose more than 11% overnight into November 11. The same piece says CoreWeave gained nearly 17% and IREN 8.5%.
Why. The piece points to CoreWeave's third quarter 2026 results. Revenue grew 168% to $3.66 billion, the backlog reached $133 billion, and the company raised its 2026 forecasts for sales and adjusted operating income. Our full write-up of the CoreWeave report is here: /news/coreweave-stock-q3-2026-earnings-2026-11-10/.
When Nebius reports. The company announced the date itself: third quarter 2026 results come out on Thursday, November 12, 2026, before market open. The investor call is at 8:00 a.m. Eastern Time (2:00 p.m. Central European Time).
What is expected. Koyfin's estimate, quoted by Stocktwits, is Nebius revenue up 521% to $907.2 million, and an adjusted loss of $0.63 a share against $0.40 a year earlier. Barchart cites an expected loss of $0.61. These are analyst forecasts. Actual figures can differ.
What else to watch. Barchart writes that, according to recent reports, Microsoft, one of Nebius's large customers, may not renew current agreements. The sources do not include confirmation from either company. If the report touches this, we will update the story.
Confirmed facts
- Nebius Group (NBIS) shares rose more than 11% overnight into November 11, 2026.[2]
- CoreWeave reported third quarter revenue of $3.66 billion (up 168%) and a $133 billion backlog, and raised its 2026 forecasts for sales and adjusted operating income.[2]
- CoreWeave shares rose nearly 17% and IREN shares 8.5%.[2]
- Nebius will release third quarter 2026 results on Thursday, November 12, 2026, before market open.[1][3]
- The investor call is set for 8:00 a.m. Eastern Time (2:00 p.m. Central European Time).[1]
- Per Koyfin, analysts expect Nebius revenue of $907.2 million (up 521%) and an adjusted loss of $0.63 a share against $0.40 a year earlier.[2]
- Per Barchart, the consensus loss for Nebius in the quarter is $0.61 a share.[3]
- Barchart writes that, per recent reports, Microsoft may not renew its current agreements with Nebius.[3]
Implications
- ConfirmedNebius reports on November 12, before market open.
- Our readingThe NBIS jump is tied to CoreWeave's report, as the Stocktwits piece explains it. We have seen no statement from Nebius on this.
- Our readingActual figures may differ a lot from expectations, and the stock's reaction is unpredictable. This is our view.
Still unknown
- What revenue and loss Nebius will actually report
- How the stock will react once trading opens
- Whether Microsoft will really not renew its agreements
Who it affects
US, Global. People who follow the AI cloud market and the stocks of Nebius and CoreWeave
Sources
- Nebius Group: Nebius Group announces date of third quarter 2026 results and conference call October 30, 2026 · official
- Yahoo Finance (Stocktwits): NBIS Stock Jumps Over 11% On CoreWeave Boost: Analysts Expect Over Six-Fold Growth In Sales In Upcoming Q3 Report November 11, 2026 · media
- Barchart: Ahead of Nebius Earnings, Here's What Barchart Data Says Comes Next for NBIS Stock November 10, 2026 · media
Cover: Freekonomist graphic, a symbolic image, not a photo of the event. This is a news explainer, not financial advice.
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