NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
TKO
TKO Group Holdings, Inc.
TKO's fundamentals are strong and it looks cheap: trading at 52x earnings, below its usual 78x. Analysts expect strong earnings growth, 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.
TKO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Stable |
TKO's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
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.
TKO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 26x | $194 | — |
| Current | 52x | $194 | — |
| Cheap | 65x | $243 | +25% |
| Fair | 78x | $290 | +49% |
| Expensive | 88x | $325 | +68% |
Historical ranges are pointers, not guarantees.
TKO 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.
TKO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
TKO 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.
TKO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.51 | +102% |
| Q3 2026 | $3.71 | +42% |
| Q2 2026 | $2.85 | +18% |
| Q1 2026 | $2.68 | +36% |
| Q4 2025 | $2.25 | +11150% |
| Q3 2025 | $2.61 | +$3.26 |
| Q2 2025 | $2.42 | +$3.61 |
| Q1 2025 | $1.97 | +$3.21 |
| Q4 2024 | $0.02 | -98% |
TKO 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.
TKO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +21% |
| Q2 2026 | $1.5B | +18% |
| Q1 2026 | $1.6B | +26% |
| Q4 2025 | $1B | +62% |
| Q3 2025 | $1.1B | +64% |
| Q2 2025 | $1.3B | +54% |
| Q1 2025 | $1.3B | +101% |
| Q4 2024 | $642.2M | +4.6% |
TKO has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 28% | +12 points |
| Q2 2026 | 28% | -0.4 points |
| Q1 2026 | 21% | +2.5 points |
| Q4 2025 | 5.5% | -10 points |
| Q3 2025 | 15% | -4.7 points |
| Q2 2025 | 28% | -1.8 points |
| Q1 2025 | 19% | +52 points |
| Q4 2024 | 16% | +5.6 points |
TKO's operating margin was 28% last quarter, up 12 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.
TKO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $472.2M | +13% |
| Q2 2026 | $373.9M | -5.6% |
| Q1 2026 | $694.5M | +327% |
| Q4 2025 | $309.9M | +445% |
| Q3 2025 | $416.8M | +76% |
| Q2 2025 | $396.2M | +72% |
| Q1 2025 | $162.8M | +174% |
| Q4 2024 | $56.8M | -74% |
TKO's free cash flow has been positive every quarter since early 2021: $1.9B over the past year, up 79% 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 248M diluted shares, down 32% from a year ago.
| 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 |
TKO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.3% | -1.7M shares |
| 1 year | -63% | -125M shares |
| 3 years | -11% | -9M shares |
| 5 years | -12% | -10.1M shares |
TKO has the edge over NBIS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $156.1M |
| Q2 2026 | $129.3M |
| Q1 2026 | $838.3M |
| Q4 2025 | $40.7M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2023 | — |
| Q1 2023 | — |
TKO spent $1.2B buying back its own shares over the past year.
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).
TKO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.4x | Moderate |
| Q2 2026 | 2.7x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 2.2x | Moderate |
| Q3 2025 | 2.2x | Moderate |
| Q2 2025 | 1.8x | Healthy |
| Q1 2025 | 2.1x | Moderate |
| Q4 2024 | 3.3x | Elevated |
TKO's net debt is about 2.4 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).
TKO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.3 | Neutral |
| Stochastic | 56.1 | Neutral |
TKO's weekly RSI is 54 (neutral) and its Stochastic is 56 (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.
TKO PE vs Communication Services Sector
| Metric | TKO | Sector median | Relative |
|---|---|---|---|
| PE | 52x | 16x | 217% above |
| PE % | 7 | 24 | 17 pts below |
TKO 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 |
TKO has stronger trend alignment. NBIS is above 1 of 4 weekly averages versus TKO above 3 of 4.
TKO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $181.3 | 7% above |
| 20 week MA | $185.4 | 4.7% above |
| 50 week MA | $195.0 | 0.5% below |
| 100 week MA | $181.5 | 6.9% above |
TKO's trend is mixed: it's above three of its four weekly moving averages, and 6.9% above its 100-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 TKO on returns for 2026, with the stronger performance.
TKO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $98.1 | $81.6 | -17% |
| 2024 | $81.6 | $144.0 | +77% |
| 2025 | $144.0 | $217.4 | +51% |
| 2026 YTD | $217.4 | $194.1 | -11% |
TKO has finished higher in two of the last three years, two of them by more than 50%. It's down 11% so far in 2026.