Nebius Group and CoreWeave began trading on the Nasdaq-100 on Monday following Nasdaq's June 11 announcement of their inclusion in the benchmark index. NBIS stock rallied 34% and CRWV stock gained 24% between the announcement and Monday's session, with NBIS up 0.3% and CRWV down 0.1% in overnight trading. The inclusion requires index-tracking funds and ETFs to purchase shares of both neocloud companies, which provide AI infrastructure services. Nasdaq-100 comprises the 100 largest non-financial companies on the exchange. The additions reflect growing investor demand for AI data center operators as technology companies expand computing capacity.
Nebius Announces $2.3 Billion UK Data Center Expansion
Nebius announced plans last week to establish three data centers in the UK with a total investment of 1.7 billion pounds ($2.3 billion). The company previously announced a 310-megawatt data center in Finland valued at more than $10 billion and a 240-megawatt data center in France. Nebius secured a $24 billion contract with Meta Platforms in March 2026 after winning a major contract from Microsoft last year. Situational Awareness, an AI hedge fund led by former OpenAI researcher Leopold Aschenbrenner, disclosed a 5.6% stake in Nebius last month. NBIS stock gained 240% in 2026 and currently trades at a record high.
Analysts Set $140 Price Target for CoreWeave Stock
CRWV stock gained over 60% in 2026 but remains approximately 14% below its all-time high from May 6. According to Koyfin data, 23 of 36 analysts rate CRWV 'Buy' or higher, 11 rate it 'Hold,' and two rate it 'Sell' or lower. Their average price target of $140.18 implies nearly 20% upside from the stock's close on Thursday. For NBIS, nine of 16 analysts have a 'Buy' or higher rating, six rate it 'Hold,' and one rates it 'Sell.' Their average price target of $244.07 sits 15% below the stock's last close. AI chip firm Astera Labs, satellite company Rocket Lab Corporation, and chip-testing solutions firm Teradyne also joined the Nasdaq-100 on Monday, while Charter Communications, Cognizant, Insmed Incorporated, Verisk Analytics, and Zscaler were removed.
Retail Traders Signal Bullish Sentiment on Stocktwits
Stocktwits sentiment registered as 'bullish' for both NBIS and CRWV. Message volume for NBIS increased 22% while CRWV volume decreased 9%. One trader stated on Stocktwits, "$CRWV this is my buy-and-never-sell position." Another wrote regarding Nebius, "$NBIS market doesn't even care about the Iran war at this point," with several traders monitoring the stock as it approaches the $300 level.
FAQ
What triggered the rally in Nebius and CoreWeave stocks after June 11?
Nasdaq announced on June 11 that both companies would join the Nasdaq-100 index, which requires index-tracking funds and ETFs to purchase shares of newly included companies. NBIS rallied 34% and CRWV gained 24% between the announcement and Monday's trading session.
How much has Nebius invested in European data center expansion?
Nebius announced a $2.3 billion investment in three UK data centers last week. The company previously announced a 310-megawatt data center in Finland valued at more than $10 billion and a 240-megawatt facility in France.
What is the analyst consensus on CoreWeave stock price targets?
According to Koyfin, 23 of 36 analysts rate CRWV 'Buy' or higher with an average price target of $140.18, representing nearly 20% upside from Thursday's close. The stock remains approximately 14% below its May 6 all-time high.
