NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
RSVR
Reservoir Media, Inc.
RSVR's fundamentals are strong: it turned 25% of its revenue into free cash flow and revenue grew 11%. At 57x earnings, it's trading below its usual 68x. Analysts expect strong earnings growth.
NBIS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Healthy |
NBIS's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
RSVR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Weak |
RSVR's revenue, profitability and cash flow are currently healthy, but its balance sheet is weak.
NBIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 68x | $22.45 | -83% |
| Fair | 114x | $37.67 | -71% |
| Current | 390x | $129 | — |
| Expensive | 666x | $220 | +71% |
Historical ranges are pointers, not guarantees.
NBIS's PE is 390x, but its earnings don't support one, so it isn't a reliable read right now.
RSVR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 36x | $6.46 | -37% |
| Current | 57x | $10.22 | — |
| Forward | 58x | $10.22 | — |
| Fair | 68x | $12.21 | +19% |
| Expensive | 135x | $24.38 | +139% |
Historical ranges are pointers, not guarantees.
RSVR has the edge over NBIS in the historical PE scenario, which offers more potential upside but is not a forecast.
NBIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect NBIS's revenue to grow and its profitability to improve, with its earnings holding steady. However, they disagree widely on these estimates.
RSVR Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RSVR has the edge over NBIS on the outlook, with more favorable earnings expectations.
NBIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $0.33 | +$2.61 |
| Q4 2024 | -$2.28 | -456% |
| Q4 2023 | $0.64 | -36% |
| Q4 2022 | $1.00 | +$1.49 |
| Q4 2021 | -$0.49 | -156% |
| Q4 2020 | $0.87 | +89% |
| Q4 2019 | $0.46 | -73% |
| Q4 2018 | $1.71 | +434% |
NBIS has returned to profit: it earned $0.33 per share over the past year, after losing money the year before.
RSVR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.18 | -2.8% |
| Q3 2026 | $0.18 | +20% |
| Q2 2026 | $0.14 | +17% |
| Q1 2026 | $0.13 | +8.3% |
| Q4 2025 | $0.10 | -17% |
| Q3 2025 | $0.15 | +$0.16 |
| Q2 2025 | $0.12 | +$0.12 |
| Q1 2025 | $0.12 | +1100% |
| Q4 2024 | $0.12 | +$0.12 |
RSVR has the edge over NBIS in the latest year-over-year earnings comparison.
NBIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2023 | $9.7B | +53% |
| Q4 2022 | $6.3B | +46% |
| Q4 2021 | $4.3B | +63% |
| Q4 2020 | $2.6B | +24% |
| Q4 2019 | $2.1B | +37% |
| Q4 2018 | $1.5B | +36% |
| Q4 2017 | $1.1B | +24% |
| Q4 2016 | $917M | +27% |
NBIS's revenue is growing: $530M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -115% | -112 points |
| Q4 2023 | 3.6% | -11 points |
| Q4 2022 | 2.5% | -14 points |
| Q4 2021 | -3.7% | -18 points |
| Q4 2020 | 7.4% | -9.5 points |
| Q4 2019 | 14% | -2 points |
| Q4 2018 | 16% | -14 points |
| Q4 2017 | 14% | -19 points |
NBIS's operating margin was −115% last quarter, down 123 points from the same quarter a year ago, near the bottom of its range since 2011.
RSVR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $49.9M | +9.8% |
| Q2 2026 | $41.5M | +12% |
| Q1 2026 | $47.5M | +15% |
| Q4 2025 | $45.6M | +7.7% |
| Q3 2025 | $45.4M | +12% |
| Q2 2025 | $37.2M | +8.3% |
| Q1 2025 | $41.4M | +5.8% |
| Q4 2024 | $42.3M | +19% |
RSVR has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +1.1 points |
| Q2 2026 | 13% | -1.7 points |
| Q1 2026 | 25% | -0.4 points |
| Q4 2025 | 23% | +0.1 points |
| Q3 2025 | 24% | -1.4 points |
| Q2 2025 | 15% | +0.2 points |
| Q1 2025 | 25% | +2.8 points |
| Q4 2024 | 23% | +4.2 points |
RSVR's operating margin was 25% last quarter, up 1.1 points from the same quarter a year ago.
NBIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$3.7B | -$3.1B |
| Q4 2024 | -$562.1M | -$316.2M |
| Q4 2023 | -$245.9M | -$138.9M |
| Q4 2022 | -$107M | +$319.7M |
| Q4 2021 | -$426.7M | -539% |
| Q4 2020 | $97.3M | -66% |
| Q4 2019 | $287.9M | +$289.2M |
| Q4 2018 | -$1.3M | -101% |
NBIS has burned cash in six of the last eight quarters: −$4.6B over the past year, against −$43M the year before.
RSVR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $22.9M | +19% |
| Q2 2026 | -$1.5M | -125% |
| Q1 2026 | $11.7M | -3.6% |
| Q4 2025 | $12.8M | +14% |
| Q3 2025 | $19.2M | +44% |
| Q2 2025 | $6M | -30% |
| Q1 2025 | $12.2M | -12% |
| Q4 2024 | $11.2M | +224% |
RSVR generated $46M in free cash flow over the past year, down 5.4% from the year before.
NBIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -12% | -33.3M shares |
| 1 year | -32% | -115M shares |
| 3 years | -26% | -86.9M shares |
NBIS has the edge over RSVR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $10M |
| Q4 2021 | $84.1M |
| Q4 2020 | $122.8M |
| Q4 2019 | $17.2M |
| Q4 2018 | $121.8M |
| Q4 2014 | $101.7M |
| Q4 2013 | $102.9M |
RSVR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.6% | +1M shares |
| 1 year | +0.8% | +528K shares |
| 3 years | +2.6% | +1.7M shares |
| 5 years | +13% | +7.8M shares |
| Available history | +365% | +52.4M shares |
RSVR has 67M diluted shares, up 0.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
NBIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | 0.7x | Very low |
| Q4 2022 | -0.7x | Net Cash |
NBIS's net debt is less than a year of its operating earnings (EBITDA).
RSVR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.0x | High |
| Q2 2026 | 6.4x | High |
| Q1 2026 | 6.2x | High |
| Q4 2025 | 6.5x | High |
| Q3 2025 | 6.1x | High |
| Q2 2025 | 5.9x | High |
| Q1 2025 | 6.0x | High |
| Q4 2024 | 6.0x | High |
RSVR's net debt is about 6.0 years of its operating earnings (EBITDA), about the same as a year ago.
NBIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 8.3 | Oversold |
NBIS's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
RSVR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.6 | Neutral |
| Stochastic | 57.1 | Neutral |
RSVR's weekly RSI is 62 (neutral) and its Stochastic is 57 (neutral).
NBIS PE vs Communication Services Sector
| Metric | NBIS | Sector median | Relative |
|---|---|---|---|
| PE | 390x | 16x | 2,264% above |
| PE % | 62 | 24 | 38 pts above |
NBIS is trading at 390x earnings, a 2264% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
RSVR PE vs Communication Services Sector
| Metric | RSVR | Sector median | Relative |
|---|---|---|---|
| PE | 57x | 16x | 247% above |
| PE % | 30 | 28 | 2 pts above |
RSVR has the edge over NBIS on valuation relative to its sector.
NBIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $179.7 | 28% below |
| 20 week MA | $199.9 | 36% below |
| 50 week MA | $163.5 | 21% below |
| 100 week MA | $110.0 | 17% above |
RSVR has stronger trend alignment. NBIS is above 1 of 4 weekly averages versus RSVR above 5 of 5.
RSVR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.70 | 5.4% above |
| 20 week MA | $9.86 | 3.7% above |
| 50 week MA | $9.33 | 9.5% above |
| 100 week MA | $8.51 | 20% above |
| 200 week MA | $7.76 | 32% above |
RSVR is in an uptrend: it's above all five of its weekly moving averages, and 32% above its 200-week average.
NBIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $19.6 | $27.3 | +40% |
| 2025 | $27.3 | $87.6 | +221% |
| 2026 YTD | $87.6 | $128.6 | +47% |
NBIS has the edge over RSVR on returns for 2026, with the stronger performance.
RSVR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.1 | $7.86 | -22% |
| 2022 | $7.86 | $5.70 | -27% |
| 2023 | $5.70 | $7.13 | +25% |
| 2024 | $7.13 | $8.86 | +24% |
| 2025 | $8.86 | $7.50 | -15% |
| 2026 YTD | $7.50 | $10.2 | +36% |
RSVR is up 36% so far in 2026, after finishing lower in three of the previous five years.