The video presents a fundamental analysis of Nebius Group N.V. (NBIS), highlighting its transition from Yandex, a Russian tech company. Currently priced at $68.78, the analysis suggests a potential target of $90, but if the price falls to $50, the analysis would be invalidated. The analysis points to the company's revenue growth, which is currently 625% year-over-year. Despite an operating loss, the analysis states NBIS has a considerable net income, due to asset revaluation from the Yandex spinoff, and a $2.45 billion cash reserve, which is offset by the aggressive cash burn rate. The company is positioned as an alternative to big cloud providers in the growing AI infrastructure market. Analyst expects to hit revenue annual run rates between $900 million and $1.1 billion by the end of the year, and will analyze those numbers when the next earning report is launched at October 30, 2025.