Valuations
Every figure is today's value, with each company's default assumptions — the same numbers its Valuation tab shows.
NebiusNBISUpside to fair value▲ +104%$263.92 per share
1 Jan 2027$268.21▲ +107% vs price
1 Jan 2028$308.28▲ +138% vs price
Price$129.50Nov 6, 2026
Market cap$35.21Bbasic shares
Implied exit multiple2.3×EBITDA 2030 · model 3.5×
EV / backlog1.51×$37.5B contracted
CoreWeaveCRWVUpside to fair value▲ +193%$135.42 per share
1 Jan 2027$138.03▲ +199% vs price
1 Jan 2028$157.00▲ +240% vs price
Price$46.20Nov 6, 2026
Market cap$25.48Bbasic shares
Implied exit multiple1.7×EBITDA 2030 · model 3.5×
EV / backlog0.73×$104.0B contracted
IRENIRENUpside to fair value▲ +144%$52.02 per share
1 Jan 2027$52.85▲ +148% vs price
1 Jan 2028$62.71▲ +194% vs price
Price$21.30Nov 6, 2026
Market cap$9.04Bbasic shares
Implied exit multiple2.5×EBITDA 2030 · model 3.5×
EV / backlog0.96×$20.3B contracted
Neoclouds · historical price to fair value
Nov 6Neoclouds · historical fair value per share
Reading the page
- Neoclouds —
- a discounted cash flow to end-2030: each tranche of capacity at the revenue per MW of its delivery date, GPUs refreshed at the end of their life, the margin ramping to steady state, and an exit at a multiple of the end-2030 EBITDA run-rate. The implied exit multiple is the one at which the DCF equals the median market cap of the last twenty sessions.
- Fair value at a date —
- the same model valued on 1 Jan 2027 and 1 Jan 2028, with the cash it generates or burns in between.
Illustrative model only. Not a valuation, not a recommendation, and not investment advice — every figure here is the output of assumptions you control, on a sample of 3 companies.