📈 NBIS, 최근 인기 많은데 무슨 위험 요인 있을까요?

Their free cash flow... Or lack thereof.

Supply and demand, they have very high profit margin now because the demand is higher than supply but it won't stay like this forever. Also if cloud providers find their prices too high, they can always build their own data centers. I think they can run up 10x more but when demand drops so will the price

I think the major risks would either be that the hardware becomes obsolete faster than expected due to ongoing developments in AI, requiring even more capital expenditure to remain competitive, or that margins will be squeezed due to strong competition (for example Mag 7 companies building their own data centers who can offer it cheaper/with a higher discount). The latter could also risk their revenue when Mag 7 companies no longer required Nebius' services. I'm still very bullish on Nebius though, as they have shown great execution and growth so far, and are building to become vertically integrated in AI by not only focussing on datacenters, but also on AI agents which can be used by smaller businesses using their services

....lately? NBIS has been heavily talked about for a year lol

What gives NBIS an edge over other AI infrastructure players? 

Less exposure to cryptocurrency 

What's the biggest risk that bulls tend to overlook?

It has a very high p/e ratio and a lot of debt. It's suspectable to market conditions. 

Do you think current expectations are reasonable, or getting ahead of the fundamentals

It's going to reach $1000 by 2030. 

For data center it is always if revenue growth can catch up with capex 

TBH, if you look closely at their book there are a lot of fuckery, it is definitely a bet more than a value play