u/Electronic-Plum5527

R2 is going to be a success that could sell over 100,000 units per year. R3 could be a success but I’m not sure that’s a model 3 mass market vehicle.

rivian should fast track an R2T and target $35K and build smaller EDVs at $45-50K to win more delivery business.

RJ teases variants - do you think he’ll go for a roadster or sedan in the future?

Nebius Group (NASDAQ: NBIS) is a high-risk, high-reward AI infrastructure stock that has experienced explosive growth in 2026. Whether it is "worth investing" depends heavily on your tolerance for volatility and your outlook on global AI chip demand.

Core Strengths

• Massive Backlog with Tech Giants: Nebius possesses a contracted backlog of roughly $47 billion, which includes a $17.4 billion contract from Microsoft and up to $29.9 billion from Meta. Demand is so high that these companies pre-paid $4.8 billion to secure capacity.
• Hyper-Growth Revenue Trajectory: For full-year 2026, Nebius is guiding for revenue between $3.0 billion and $3.4 billion, targeting a highly profitable adjusted EBITDA margin of approximately 40%. Management projects an annualized run-rate revenue (ARR) exit of $7 billion to $9 billion by late 2026.
• Aggressive Capacity Expansion: Nebius has built a pipeline of over 2 gigawatts of contracted power, expanding its fleet across nine new data center facilities to deliver massive GPU cloud clustering for training complex AI.

Key Weaknesses & Risks

• Extremely High Capital Intensity: Nebius raised its FY 2026 capital expenditure (CapEx) expectations to a massive $20.0 billion to $25.0 billion. Because building data centers requires up-front cash, Wall Street analysts highlight a potential funding gap that could pressure liquidity if financing stalls.
• Severe Customer Concentration: A vast portion of Nebius's revenue relies entirely on Meta and Microsoft. If either titan slows its AI infrastructure spending or successfully completes its own in-house data centers, Nebius's revenue stream could take a sudden, massive hit.
• Rapid Hardware Depreciation: AI chips have a notoriously short asset lifecycle (often modeled at 4 years). This rapid obsolescence requires Nebius to constantly spend heavily on upgrading its equipment just to maintain its competitive pricing power.
• Astronomical Valuation: Trading at around $275 per share with a market capitalization near $70 billion, the stock sits at a steep forward price-to-sales (P/S) multiple of roughly 22x. This indicates that much of its future growth is already priced into the stock.