NBIS vs SLB: Which Is the Better Buy?
Side-by-side comparison of Nebius Group N.V. and Slb N.V. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-18.
Nebius Group N.V. · Technology
$217.99
+45.0% upside to fair value
Med Conviction
Grade B
VS
Slb N.V. · Energy
$52.08
+8.6% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
NBIS has more upside to fair value
(+45.0%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
NBIS |
SLB |
| Current Price |
$217.99 |
$52.08 |
| Fair Value Estimate |
$316.09 |
$56.56 |
| Upside to Fair Value |
+45.0%
|
+8.6%
|
| Market Cap |
$52.3B |
$77.3B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
56.8x
|
12.2x
|
| Price / Sales |
38.6x
|
2.1x
|
| Price / FCF |
—
|
17.1x
|
| Revenue Growth YoY |
+454.0%
|
+5.0%
|
| Gross Margin |
58.6%
|
16.5%
|
| Operating Margin |
-49.3%
|
13.4%
|
| Return on Equity |
0.9%
|
11.8%
|
| Dividend Yield |
0% |
2.25% |
| FCF Yield |
—
|
5.83%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
Nebius Group N.V. is an Amsterdam-based AI infrastructure company, formerly Yandex N.V., that builds end-to-end GPU cloud clusters, cloud platforms and developer tools for demanding AI workloads, alongside Toloka AI data solutions, TripleTen education and Avride autonomous driving. The business is growing explosively, with revenue up 454.0% year over year in the most recent quarter, and it has de…
SLB N.V. is the world's largest oilfield services provider, operating four divisions (Digital & Integration, Reservoir Performance, Well Construction, and Production Systems) that span field development, drilling, subsea production, and carbon management for the global energy industry. The business carries a medium-quality profile: it benefits from deep technical expertise, a broad international …
Accumulation Zones
| Metric |
NBIS |
SLB |
| Zone Low |
$237.07 |
$42.42 |
| Zone High |
$268.68 |
$48.08 |
| In Buy Zone? |
Yes
|
No
|