NBIS vs AMZN

For growth investors, Nebius Group N.

V. (NBIS) is the stronger pick with 350. 9% revenue growth year-over-year, versus 12. 4% for Amazon. com, Inc. (AMZN). Amazon. com, Inc. (AMZN) offers the better valuation at 37. 8x trailing P/E (34. 8x forward), making it the more compelling value choice. Analysts rate Nebius Group N. V. (NBIS) a "Buy" — based on 4 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Amazon.

com, Inc. (AMZN) is the cheapest at 37. 8x versus Nebius Group N. V. at 1679. 7x.

Over the past 5 years, Nebius Group N.

V. (NBIS) delivered a total return of +823. 9%, compared to +64. 8% for Amazon. com, Inc. (AMZN). Over 10 years, the gap is even starker: NBIS returned +823. 8% versus AMZN's +697. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Amazon.

com, Inc. (AMZN) is the lower-risk stock at 1. 51β versus Nebius Group N. V. 's 3. 07β — meaning NBIS is approximately 103% more volatile than AMZN relative to the S&P 500. On balance sheet safety, Amazon. com, Inc. (AMZN) carries a lower debt/equity ratio of 37% versus 106% for Nebius Group N. V. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Nebius Group N.

V. (NBIS) is pulling ahead at 350. 9% versus 12. 4% for Amazon. com, Inc. (AMZN). On earnings-per-share growth, the picture is similar: Nebius Group N. V. grew EPS 104. 8% year-over-year, compared to 29. 7% for Amazon. com, Inc.. Over a 3-year CAGR, NBIS leads at 239. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Nebius Group N.

V. (NBIS) is the more profitable company, earning 19. 2% net margin versus 10. 8% for Amazon. com, Inc. — meaning it keeps 19. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AMZN leads at 11. 2% versus -112. 5% for NBIS. At the gross margin level — before operating expenses — NBIS leads at 68. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

Analyst consensus price targets imply the most upside for AMZN: 13.

1% to $306. 77.

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

For long-horizon retirement investors, Amazon.

com, Inc. (AMZN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+697. 8% 10Y return). Nebius Group N. V. (NBIS) carries a higher beta of 3. 07 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (AMZN: +697. 8%, NBIS: +823. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (NBIS (Communication Services) and AMZN (Consumer Cyclical)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: NBIS is a mid-cap high-growth stock; AMZN is a mega-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.