Jim Cramer Pauses NBIS Buying: Why Waiting Is the Smart Move

On Wall Street, patience is rewarded just as often as conviction; when it comes to Nebius Group (NBIS) stock’s meteoric rise, the smartest move is not to chase the price but to wait for a better entry.

GPU‑Backed Financial Muscle

■The company closed a $775 million senior secured debt facility, collateralized by deployed GPU infrastructure and priced at SOFR + 2.50%, maturing in 2030.

■Cash flows are contracted from an investment‑grade counterparty, lending the loan a defensive structure.

Strategic Ties with Microsoft and Meta

■Nebius has locked long‑term agreements with Microsoft and Meta to expand its AI‑cloud platform.

■These partnerships underpin the recently announced $1 billion AI deal, forming the core of its growth narrative.

Cramer’s “Not Now” Signal

■Jim Cramer stressed that Nebius remains a “very good company,” but warned that the current price level is not an attractive entry point.

■He added, “The stock isn’t done going down; there will be another time to buy, but that time is not now.”

Chart‑Driven 42% Pullback and 13.9% One‑Day Slide

■NBIS peaked at a 52‑week high of $299 on June 22; since then it has retraced roughly %42.

■On July 16 the share slid 13.90% to close at $171.77, reflecting sustained selling pressure.

■Such a prolonged decline rarely reverses overnight, suggesting further downside before a bounce.

Investor Expectations and Option‑Market Pressure

■Over the past year the stock has delivered a staggering %222 return, making it one of the most explosive AI infrastructure names.

■Nevertheless, near‑term VIX spikes and gamma‑squeeze dynamics are keeping upside capped, reinforcing the case for a wait‑and‑see stance.

Ege Kaan: Nebius’s fundamentals — a cash‑flow‑backed senior loan and marquee contracts with Microsoft and Meta — provide a solid foundation for long‑term value creation. The present price action reflects more short‑term liquidity drainage and option‑market gamma squeeze than a deterioration in business prospects. Accordingly, Cramer’s “not now” advice aligns with a technical‑based entry‑point strategy; a retest of the $150‑$160 support zone after the pullback could offer a compelling long‑term entry.