NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
SNAP
Snap Inc.
SNAP lost money over the past year, so it has no meaningful PE right now. 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.
SNAP Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Weak |
SNAP's revenue and cash flow are currently healthy, and its profitability is stable, 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.
SNAP PE Valuation
SNAP has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 34x next year's earnings.
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.
SNAP Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
SNAP 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 the edge over SNAP in the latest year-over-year earnings comparison.
SNAP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.15 | — |
| Q3 2026 | -$0.09 | +$0.20 |
| Q2 2026 | -$0.18 | +$0.14 |
| Q1 2026 | -$0.24 | +$0.07 |
| Q4 2025 | -$0.27 | +$0.15 |
| Q3 2025 | -$0.29 | +$0.28 |
| Q2 2025 | -$0.32 | +$0.39 |
| Q1 2025 | -$0.31 | +$0.49 |
| Q4 2024 | -$0.42 | +$0.40 |
SNAP is still losing money, but far less than before: $0.09 per share over the past year, against $0.89 at its worst in late 2022.
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.
SNAP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +14% |
| Q2 2026 | $1.6B | +19% |
| Q1 2026 | $1.5B | +12% |
| Q4 2025 | $1.7B | +10% |
| Q3 2025 | $1.5B | +9.8% |
| Q2 2025 | $1.3B | +8.7% |
| Q1 2025 | $1.4B | +14% |
| Q4 2024 | $1.6B | +14% |
SNAP has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.5% | +13 points |
| Q2 2026 | -11% | +8.6 points |
| Q1 2026 | -4.9% | +9.4 points |
| Q4 2025 | 2.9% | +4.6 points |
| Q3 2025 | -8.5% | +4.1 points |
| Q2 2025 | -19% | +1.2 points |
| Q1 2025 | -14% | +14 points |
| Q4 2024 | -1.7% | +17 points |
SNAP's operating margin was 4.5% last quarter, up 13 points from the same quarter a year ago, near the top of its range since 2019.
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.
SNAP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $164.5M | +76% |
| Q2 2026 | $120.5M | +407% |
| Q1 2026 | $286M | +150% |
| Q4 2025 | $205.6M | +13% |
| Q3 2025 | $93.4M | +30% |
| Q2 2025 | $23.8M | +$97.2M |
| Q1 2025 | $114.4M | +202% |
| Q4 2024 | $182.4M | +65% |
SNAP generated $777M in free cash flow over the past year, up 88% 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 SNAP 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 |
SNAP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.2% | +36.7M shares |
| 1 year | +0.2% | +3.6M shares |
| 3 years | +4.6% | +74.3M shares |
| 5 years | +7.5% | +119M shares |
| Available history | +24% | +325M shares |
SNAP has 1.7B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $250.5M |
| Q1 2026 | $350.5M |
| Q4 2025 | $250.3M |
| Q3 2025 | — |
| Q2 2025 | $243.5M |
| Q1 2025 | $257.1M |
| Q4 2024 | — |
SNAP spent $851M buying back its own shares over the past year, up 70% from the year before.
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).
SNAP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 40.5x | High |
SNAP's net debt is more than 20 years of its operating earnings (EBITDA).
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).
SNAP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.4 | Neutral |
| Stochastic | 21.9 | Neutral |
SNAP's weekly RSI is 46 (neutral) and its Stochastic is 22 (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.
SNAP PE vs Communication Services Sector
SNAP has no meaningful PE right now: it lost money over the past year.
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 |
NBIS has stronger trend alignment. NBIS is above 1 of 4 weekly averages versus SNAP above 0 of 5.
SNAP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.65 | 7.6% below |
| 20 week MA | $5.32 | 1.9% below |
| 50 week MA | $5.69 | 8.3% below |
| 100 week MA | $7.30 | 28% below |
| 200 week MA | $9.54 | 45% below |
SNAP is in a downtrend: it's below all five of its weekly moving averages, and 45% below 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 SNAP on returns for 2026, with the stronger performance.
SNAP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.0 | $50.2 | +213% |
| 2021 | $50.2 | $48.7 | -2.9% |
| 2022 | $48.7 | $8.58 | -82% |
| 2023 | $8.58 | $16.9 | +97% |
| 2024 | $16.9 | $11.0 | -35% |
| 2025 | $11.0 | $7.86 | -28% |
| 2026 YTD | $7.86 | $5.22 | -34% |
SNAP's yearly returns have swung widely, from +213% in 2020 to −82% in 2022. It's down 34% so far in 2026.