The video discusses Nebius (NBIS) stock, noting its increase from $20 to $92.29. The analysis points out Q2 revenue growth of 625% was largely due to accounting adjustments related to old Yandex assets. The company raised its annual recurring revenue forecast to over $1 billion by year-end, a growth of over 1000% in 12 months, not including the Microsoft deal. The video highlights a $19.4 billion multi-year contract with Microsoft and a partnership with NVIDIA as positive catalysts, and indicates that the previous target price was \$90 but now the target is between \$130-\150. The video states that 6 analysts consider NBIS as a strong buy and highlights volatility as a risk.