Should I buy Yandex stock in 2025?

What is Yandex?

How much is the Yandex stock?

The price of Yandex stock is declining this week. As of now, Yandex (traded as Nebius Group, NBIS) is valued at $38.04 per share, marking a 3.94% drop over the past 24 hours but still up 59.43% for the month. The company’s market capitalisation stands at $9.43 billion, with a three-month average trading volume of around 188.5 million shares.

The stock currently has no P/E ratio due to ongoing losses, does not offer a dividend yield, and shows a beta of 0.82, suggesting less volatility compared to the broader market.

With high weekly price swings and robust recent gains, investors in South Africa should be aware of the potential for significant short-term fluctuations when considering this high-growth AI infrastructure stock.

Our full analysis on the Yandex stock

After a comprehensive review of Yandex’s most recent financial results and stock performance spanning the past three years, coupled with the application of our proprietary algorithms to distill insights from key financial metrics, technical signals, market data, and competitor analysis, the opportunity presented by the redefined Yandex—now trading as Nebius Group under ticker NBIS—merits close investor attention. The group’s ambitious transformation, rapid revenue expansion, and reinvigorated international focus place it at the epicenter of the burgeoning artificial intelligence (AI) infrastructure market. So, why might Yandex stock once again become a strategic entry point into the next wave of cloud and AI opportunities in 2025?

Recent Performance and Market Context

The past twelve months have marked a defining period for Yandex/Nebius Group (NBIS), highlighted by a dramatic +59.43% surge over the last month and a 17.08% gain over the past quarter, setting the current share price at $38.04 (as of 30 May 2025). The resumption of NASDAQ trading in October 2024—after a two-year suspension—unleashed pent-up demand, underscored by high trading volumes and increased liquidity as global investors re-evaluated the stock’s profile (with a 52-week range between $14.09 and $50.87).

Several major events have redefined Yandex’s investment story:

• In July 2024, the company completed the $5.4 billion sale of its legacy Russian assets, pivoting its focus to international markets and high-growth sectors.
• Nebius Group’s relisting on NASDAQ has re-established it as a viable and liquid entry for global investors, including those from Africa and other high-growth regions.
• Crucially, Yandex secured a $700 million capital injection from NVIDIA and Accel Partners, strongly validating the company’s strategic pivot toward cloud and AI infrastructure.
• The appointment of Marc Boroditsky as CRO in May 2025 brings recognized industry expertise to sales execution and expansion.

These factors have unfolded in the context of an ongoing global AI investment boom. With hyperscalers, enterprises, and governments ramping up computational spend, firms offering next-generation cloud infrastructure and AI-specialized hardware solutions are at the forefront of technology sector growth. Nebius Group, with its heritage of deep engineering and agility inherited from Yandex, now stands as a compelling contender in this arena.

Technical Analysis

The technical landscape for NBIS is currently marked by both robust momentum and signals warranting strategic monitoring by traders and investors:

• Relative Strength Index (RSI 14) is at an elevated 77.5, placing NBIS in well-defined overbought territory—often a feature of powerful momentum stocks in the early stages of a trend rather than an automatic reversal flag, especially in high-growth narratives.
• MACD registers +3.86, a decisive bullish signal, underscoring continued net buying interest and positive price structure.
• Moving Averages: The 50-day moving average sits at $27.07, with the share price some $11 above this key support area. While the 200-day MA is not yet informative (due to insufficient trading history since relisting), current price action above recent key averages hints at sustained bullish sentiment.
• Multiple layered support zones—at $25.60–25.73 and at the $36–$38 range—indicate robust buying interest for any short-term corrective action, whereas immediate resistance appears at $40.77.

Short- and medium-term momentum remains highly favorable, and the likelihood of technical pullbacks offering optimal entry points is reinforced by the stock’s dynamic structure. Notably, a high RSI amid rapid growth periods frequently precedes sectoral re-ratings and further upside rather than topping behavior—especially in post-turnaround stories like Nebius/Yandex.

Fundamental Analysis

The transformation in Yandex’s core business, pivoting from its former role as the ‘Google of Russia’ to a specialized cloud and AI infrastructure provider, is reflected in the striking surge in revenue and the company’s compelling structural advantages:

• Revenue Growth: Fiscal 2024 revenues soared to $161.4 million, with Q4 year-over-year revenues up an eye-catching 466%. Annual revenue tracked +462% on a comparable basis, validating a scalable, product-driven expansion model.
• Profitability: While net losses remain pronounced (-$426.6 million in 2024), the company operates with a gross margin of roughly 41.8%, and negative net margins are consistent with aggressive reinvestment in top-line expansion—a characteristic trait during early-stage hypergrowth phases in cloud infrastructure.
• Valuation: With a P/S ratio of 58.4x, NBIS is trading at a premium relative to mature cloud peers. However, such valuations are not uncommon amongst early-stage, transformative tech platforms—especially given consensus analyst forecasts for 40.28% annualized revenue growth and a target price implying a 30% upside to $49.46.
• Strategic Strengths:
• Legacy innovation and technical capacity from the world-class Yandex research and engineering team.
• A highly focused business model centered on AI-intensive workloads and hyperscale GPU clusters—precisely where the market’s fastest secular growth is occurring.
• Enhanced global brand, post-divestment from Russian exposure, providing a compelling international investment case.

Collectively, these fundamentals justify renewed investor interest, especially for those seeking participation in next-generation data infrastructure and AI platforms.

Volume and Liquidity

Healthy, sustained trading volumes have underpinned the recent rally in NBIS, reflecting significant market confidence and contributing to a liquid, dynamic equity profile:

• Float: Public float stands at 188.5 million shares (93.1% of total shares), supporting active participation from both institutional and retail investors.
• Volatility, while high (15.2% weekly vs. 8.9% sector average), is indicative of a stock in price discovery after its strategic reset—often the prime hunting ground for growth-oriented investors.
• Liquidity ensures dynamic valuation and accommodates strategic accumulation, positioning NBIS as an attractive candidate for portfolios seeking both beta exposure and potential alpha from thematic tech trends.

Catalysts and Positive Outlook

A convergence of potent catalysts underpins Yandex/Nebius Group’s positive outlook:

• Explosive AI demand: With worldwide AI and cloud spending on an exponential curve, Yandex’s focus on AI infrastructure sets the stage for outsized addressable market growth—reinforced by projected 40%+ annual revenue increases.
• NVIDIA alliance and funding: The $700 million in new funding from blue-chip partners such as NVIDIA not only adds material balance sheet firepower but also serves as a real-world endorsement of Nebius’ technology stack and prospects.
• Strategic International Pivot: The company’s exit from the complex Russian market and renewed targeting of global clientele (including EMEA and Africa) unlock new revenue streams, less regulatory risk, and a more attractive investment profile for global asset managers.
• Management Depth: With Arkady Volozh at the helm and the recent onboarding of Marc Boroditsky as CRO, execution risk is mitigated by a blend of vision and go-to-market expertise.
• Imminent investment cycle: With a $1 billion capex program planned for AI-focused datacenter builds, Nebius is positioned to expand capacity faster than many emerging competitors.
• Consensus momentum: Analyst projections of a further 37.6% potential upside from current levels point to ongoing re-rating potential as the market digests the new narrative.

Yandex/Nebius is arguably now one of the few pure plays giving direct exposure to AI and cloud infrastructure across the EMEA growth corridor—a unique positioning relative to established US tech giants.

Investment Strategies

The ongoing price discovery and dynamic post-restructuring landscape offer multiple time frames for strategic positioning:

• Short-term (weeks):
• The recent breakout and technical overbought condition increase the likelihood of short-term pullbacks toward support levels ($38, $36, or the $25.60–25.73 zone), presenting attractive entry points for momentum traders or those seeking tactical exposure ahead of news or quarterly catalysts.
• Medium-term (months):
• Anticipating material progress in revenue realization, customer acquisition, and the impact of the NVIDIA partnership, medium-term investors may find compelling value in positioning ahead of Q2 and Q3 2025 earnings cycles, when the fundamental re-rating story is likely to gain greater market traction.
• Long-term (12 months+):
• For investors with extended horizons, the combination of Nebius’ aggressive investment in AI capacity, best-in-class talent, credible capital backers, and an addressable market projected to grow at double-digit rates globally, points to significant potential for value creation as the restructured company executes its vision.

Across all horizons, NBIS appears favorably positioned either at technical inflections or ahead of anticipated positive catalysts, in keeping with prudent portfolio construction principles.

Is it the Right Time to Buy Yandex?

In summary, Yandex—through its rebirth as Nebius Group—exhibits many of the hallmarks sought by forward-looking technology investors: world-class innovation, turbocharged revenue growth, a strong balance sheet fortified by tier-one partners, and a clear runway for expansion in the fastest-growing segment of the tech universe. The structural strengths of the business, combined with clear management vision and an increasingly favourable sector backdrop, suggest that the market is only just beginning to appreciate the scale of the opportunity. While some operational risks and volatility remain, these are often intrinsic to companies at the frontier of technological change.

With robust technical momentum, supportive trading volumes, transformative strategic actions, and high-profile funding catalysts, Nebius Group/Yandex seems to represent an excellent opportunity for those seeking to capture the next phase of AI and infrastructure-driven value creation. Serious consideration of NBIS could prove timely as the company consolidates its position as a specialist leader in AI infrastructure, and as global investment flows increasingly target the sector’s most dynamic players. For investors in the ZA market looking to diversify into global tech trends, Yandex/Nebius offers a distinct, high-upside proposition poised for long-term relevance and growth.

On balance, Yandex/Nebius Group may be entering a new bullish phase—inviting renewed attention from discerning investors intent on securing early positions in the most transformative sectors of the digital economy.

Example – Nebius Investment Case Summary

Yandex/Nebius emerges as a revitalized, high-growth AI infrastructure play, exhibiting dynamic momentum and underpinned by compelling expansion catalysts—making current levels especially attractive for those seeking exposure to the next wave in cloud and artificial intelligence.

How to buy Yandex stock in South Africa?

Buying Yandex (now Nebius Group, ticker NBIS) stock online has never been simpler or safer for South African investors. Today, you can purchase Yandex shares through a regulated online broker using two primary methods: traditional spot buying or trading via Contracts for Difference (CFDs). Spot buying gives you direct ownership of real shares, while CFDs let you speculate on price movements using leverage, without owning the asset. Both methods are overseen by regulated platforms, ensuring your transactions are protected and transparent. You’ll find a detailed comparison of brokers and their offerings further down this page to help you make the right choice.

Spot Buying

Spot (cash) purchase means you buy real Yandex/Nebius Group shares, adding them to your brokerage account. You become a direct shareholder, benefiting from any price increase or dividends (currently, no dividend is paid). Most major brokers charge a fixed commission per order, typically between $5–10, which is around R90–R180 at today’s rates.

Informations importantes

For a concrete example:
If the Yandex share price is $38.04 (about R700), you can buy approximately 26 shares with a $1,000 (about R18,000) investment, factoring in a typical brokerage fee of $5.
✔️ Gain scenario:
If the share price rises by 10% to $41.84, your shares are worth $1,100.
Result: That’s a $100 gross gain, or +10% on your investment, before fees or taxes.

Trading via CFD

CFD trading on Yandex shares allows you to speculate on price movements without owning the underlying asset. CFDs (Contracts for Difference) are flexible: you can trade up or down, with leverage up to 5x or more. Instead of a fixed commission, brokers charge a “spread” (the difference between buy/sell prices) and an overnight financing fee if you hold the position for more than a day.

Informations importantes

Example:
You open a CFD position on Yandex with a $1,000 capital (about R18,000), using 5x leverage, giving you $5,000 exposure.
✔️ Gain scenario:
If Yandex stock rises by 8%, your position gains 8% × 5 = 40%.
Result: That’s a $400 profit, on your $1,000 margin—excluding spread and overnight fees.

Final Advice

Before investing, always compare brokers’ fees, trading platforms, and customer support carefully. Some may offer better rates for South Africans or additional educational tools. Your choice between cash buying and CFDs should reflect your investment goals, appetite for risk, and preferred trading style. To help you choose, consult our broker comparison further down the page and invest in Yandex (Nebius Group) with confidence and clarity.

Our 7 tips for buying Yandex stock

The latest news about Yandex

Yandex, now Nebius Group, demonstrates robust post-spin-off growth with a 462% annual revenue jump in 2024. Over the past week, the company’s transformation into Nebius Group, following the sale of Russian assets for $5.4 billion, has been further validated by exceptionally strong annual financial data. Revenues reached $161.4 million in 2024, propelled by a remarkable 466% year-on-year surge in Q4, reflecting rapid momentum in the company’s AI infrastructure and international cloud offerings. This revenue trajectory aligns with the group’s focused pivot toward global AI and high-performance cloud markets.

Nebius Group is attracting strategic international investment, notably a $700 million boost from NVIDIA and Accel Partners. This substantial financing underscores Nebius’ reputation as an emerging leader in AI infrastructure, enhancing both its financial stability and its technological capabilities. The partnership with NVIDIA, a global industry heavyweight and a key player in South Africa’s own AI ecosystem, is likely to increase Nebius’ attractiveness to investors seeking exposure to global AI growth, especially in jurisdictions like ZA where AI adoption is accelerating.

Technical indicators signal strong upward momentum, though current overbought conditions merit short-term caution. In the last seven days, Nebius Group’s stock (NASDAQ: NBIS) posted a 59% monthly gain, and the stock’s Relative Strength Index (RSI) is at 77.5, placing it in an overbought zone. The bullish MACD and recent price action suggest sustained investor enthusiasm, but the rapid price appreciation could prompt technical corrections, a relevant point for South African investors who are particularly attentive to volatility and timing in foreign tech equities.

The company’s shares are accessible to South African investors under standard international market frameworks, supporting portfolio diversification into AI infrastructure. With its Dutch corporate domicile and primary listing on NASDAQ, Nebius is available for trading via global brokerage platforms commonly used in ZA. The high public float (over 93%) enhances liquidity, and the absence of US sanctions or regulatory barriers contributes to its suitability for South African institutional and retail investors seeking offshore tech exposure, especially in emerging and dynamic segments like AI cloud.

Expert consensus remains decidedly positive, forecasting a further 37% potential price upside amid aggressive AI expansion. The analyst consensus as of this week projects Nebius Group as a high-growth opportunity, leveraging its post-Yandex agility, new global focus, and advanced collaboration with technology leaders. With no legacy exposure to Russia, growing sales, and anticipated annual revenue growth of over 40%, Nebius is positioned as a constructive option for ZA investors wishing to participate in the ongoing global AI transformation while diversifying away from traditional sector risks.

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P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.