NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
SBGI
Sinclair, Inc.
SBGI's fundamentals are mixed, but it looks expensive: trading at 10x earnings, above its usual 7.4x. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
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.
SBGI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Weak |
SBGI'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 has the edge over SBGI in the historical PE scenario, which offers more potential upside but is not a forecast.
SBGI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 0.7x | $0.96 | -93% |
| Fair | 7.3x | $10.58 | -27% |
| Current | 10x | $14.58 | — |
| Expensive | 15x | $22.12 | +52% |
| Forward | 37x | $14.58 | — |
Historical ranges are pointers, not guarantees.
SBGI's PE is in its fair range at 10x. On analysts' estimates for next year's earnings, today's price would be 37x, in its expensive range.
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.
SBGI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Returning to profit | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect SBGI to return to profit, with revenue holding steady. However, they disagree widely on these estimates.
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.
SBGI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.39 | -73% |
| Q3 2026 | $1.44 | +$2.03 |
| Q2 2026 | $0.82 | -4.7% |
| Q1 2026 | $0.97 | -52% |
| Q4 2025 | -$1.61 | -134% |
| Q3 2025 | -$0.59 | +$2.74 |
| Q2 2025 | $0.86 | +$6.36 |
| Q1 2025 | $2.04 | +$9.19 |
| Q4 2024 | $4.69 | +$9.54 |
SBGI 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.
SBGI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $893M | +16% |
| Q2 2026 | $840M | +7.1% |
| Q1 2026 | $807M | +4% |
| Q4 2025 | $836M | -17% |
| Q3 2025 | $773M | -16% |
| Q2 2025 | $784M | -5.4% |
| Q1 2025 | $776M | -2.8% |
| Q4 2024 | $1B | +22% |
SBGI has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +7.5 points |
| Q2 2026 | 6% | +3.3 points |
| Q1 2026 | 3.4% | +1.6 points |
| Q4 2025 | 9.6% | -17 points |
| Q3 2025 | 7.5% | -12 points |
| Q2 2025 | 2.7% | -5 points |
| Q1 2025 | 1.8% | -3.5 points |
| Q4 2024 | 26% | +73 points |
SBGI's operating margin was 15% last quarter, up 7.5 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.
SBGI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $109M | +$167M |
| Q2 2026 | $46M | -56% |
| Q1 2026 | $28M | +$39M |
| Q4 2025 | $79M | -55% |
| Q3 2025 | -$58M | -130% |
| Q2 2025 | $105M | +$434M |
| Q1 2025 | -$11M | +$14M |
| Q4 2024 | $175M | +150% |
SBGI still generates free cash flow, though less than at its 2020 peak: $262M over the past year.
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 SBGI 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 |
SBGI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +305K shares |
| 1 year | +4% | +2.8M shares |
| 3 years | +14% | +9.1M shares |
| 5 years | -4% | -3.1M shares |
| Available history | -22% | -20.5M shares |
SBGI has 72M diluted shares, up 4% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q1 2023 | $53M |
| Q4 2022 | $6M |
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).
SBGI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.1x | High |
| Q2 2026 | 7.3x | High |
| Q1 2026 | 8.1x | High |
| Q4 2025 | 8.3x | High |
| Q3 2025 | 5.9x | High |
| Q2 2025 | 4.8x | High |
| Q1 2025 | 4.6x | High |
| Q4 2024 | 4.3x | High |
SBGI's net debt is about 6.1 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).
SBGI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.7 | Neutral |
| Stochastic | 43.1 | Neutral |
SBGI's weekly RSI is 57 (neutral) and its Stochastic is 43 (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.
SBGI PE vs Communication Services Sector
| Metric | SBGI | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 16x | 39% below |
| PE % | 54 | 26 | 28 pts above |
SBGI 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 |
SBGI has stronger trend alignment. NBIS is above 1 of 4 weekly averages versus SBGI above 5 of 5.
SBGI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.0 | 12% above |
| 20 week MA | $13.7 | 6.7% above |
| 50 week MA | $14.2 | 2.4% above |
| 100 week MA | $14.4 | 1.1% above |
| 200 week MA | $14.5 | 0.6% above |
SBGI has climbed back above all five of its weekly moving averages, and it's now 0.6% 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 SBGI on returns for 2026, with the stronger performance.
SBGI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.7 | $31.3 | -7.2% |
| 2021 | $31.3 | $26.6 | -15% |
| 2022 | $26.6 | $15.3 | -42% |
| 2023 | $15.3 | $13.0 | -15% |
| 2024 | $13.0 | $15.8 | +21% |
| 2025 | $15.8 | $15.3 | -3.5% |
| 2026 YTD | $15.3 | $14.6 | -4.5% |
SBGI has finished lower in five of the last six years. It's down 4.5% so far in 2026.