Northern Data AG (FRA:NB2)

Germany flag Germany · Delayed Price · Currency is EUR
8.41
+0.23 (2.81%)
Jun 26, 2026, 8:03 AM CET
Market Cap539.57M -69.5%
Revenue (ttm)80.04M -57.8%
Net Income-390.17M
EPS-6.08
Shares Out 64.20M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume18
Open8.41
Previous Close8.18
Day's Range8.41 - 8.41
52-Week Range5.12 - 24.88
Beta1.02
AnalystsStrong Buy
Price Target32.00 (+280.73%)
Earnings DateAug 6, 2026

About Northern Data AG

Northern Data AG develops and operates high-performance computing (HPC) and artificial intelligence (AI) solutions in Europe and North America. The company operates through Taiga Cloud and Ardent Data Centers segment. It offers computing services; hosting and colocation services; computing power for generative AI purposes and cloud computing and graphics processing units (GPU) hardware related services. The company also provides data centers and managed infrastructure optimized for AI and HPC needs; and procures, installs, and manages server ha... [Read more]

Sector Technology
Founded 2008
Employees 157
Stock Exchange Frankfurt Stock Exchange
Ticker Symbol NB2
Full Company Profile

Financial Performance

In 2025, Northern Data AG's revenue was 80.04 million, a decrease of -33.90% compared to the previous year's 121.09 million. Losses were -390.17 million, 206.2% more than in 2024.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for NB2 stock is "Strong Buy." The 12-month stock price target is €32.00, which is an increase of 280.73% from the latest price.

Price Target
€32.00
(280.73% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

EQS-DD: Northern Data AG: ART Holding GmbH, Exchange of a total of 744,150 shares in Northern Data AG for a total of 772,264 newly issued Class A common shares of Rumble Inc. (ISIN US78137L1052) ...

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them 22.06.2026 / 18:30 CET/CEST The issuer is solely responsi...

4 days ago - Wallstreet:Online

EQS-Adhoc: Northern Data Group Raises its FY 2026 Revenue Outlook Communicated on 9 April 2026

EQS-Ad-hoc: Northern Data AG / Key word(s): Forecast / Full year Northern Data Group Raises its FY 2026 Revenue Outlook Communicated on 9 April 2026 17-Jun-2026 / 11:54 CET/CEST Disclosure of an insid...

9 days ago - Wallstreet:Online

EQS-Adhoc: CEO of Northern Data AG, Aroosh Thillainathan, Steps Down From the Management Board

EQS-Ad-hoc: Northern Data AG / Key word(s): Personnel decisions / Executive Board CEO of Northern Data AG, Aroosh Thillainathan, Steps Down From the Management Board 16-Jun-2026 / 13:13 CET/CEST Discl...

10 days ago - Wallstreet:Online

Northern Data AG Annual report: H2 2025

Northern Data AG has published its H2 2025 annual report on March 18, 2026.

3 months ago - Filings

Tether-Backed Northern Data Sells Mining Arm to Company Execs amid Tax Fraud Probe

Northern Data ($NDTAF), a data center firm majority-owned by the stablecoin giant Tether (USDT-USD), has sold its Bitcoin mining division to a group of companies run by Tether’s own top…

6 months ago - TipRanks

$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Northern Data AG (OTCMKTS: NDTAF)

NEW YORK, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Class Action Attorney  Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and...

8 months ago - GlobeNewsWire

Northern Data downgraded to Hold from Buy at Canaccord

Canaccord downgraded Northern Data (NDTAF) to Hold from Buy with a price target of EUR 15, down from EUR 27.

8 months ago - TheFly

Rumble to acquire AI infrastructure company Northern Data

Rumble (RUM) confirmed earlier that the company has signed a business combination agreement with Northern Data AG (NDTAF), which it called “a leader in AI and high-performance-computing infrastructure...

8 months ago - TheFly

Northern Data price target lowered to EUR 27 from EUR 40 at Berenberg

Berenberg lowered the firm’s price target on Northern Data (NDTAF) to EUR 27 from EUR 40 and keeps a Buy rating on the shares.

10 months ago - TheFly

Rumble announces intent to acquire Northern Data

Rumble (RUM) has informed Northern Data (NDTAF) of its interest in pursuing a potential exchange offer. The shareholders of Northern Data would receive newly issued Class A shares of Rumble…

11 months ago - TheFly

M&A News: Rumble (RUM) Explores $1.2B Takeover of Germany’s Northern Data

U.S.-based Rumble ($RUM) is exploring a $1.2 billion bid to acquire Germany’s Northern Data AG ($NDTAF). The move takes Rumble beyond its video-sharing roots, aiming to tap into the fast-growing…

11 months ago - TipRanks

Northern Data AG Quarterly report: H1 2025

Northern Data AG has published its H1 2025 quarterly earnings report on August 11, 2025.

11 months ago - Filings

Northern Data price target lowered to EUR 40 from EUR 43 at Berenberg

Berenberg lowered the firm’s price target on Northern Data (NDTAF) to EUR 40 from EUR 43 and keeps a Hold rating on the shares.

1 year ago - TheFly

Northern Data price target lowered to EUR 43 from EUR 50 at Berenberg

Berenberg lowered the firm’s price target on Northern Data (NDTAF) to EUR 43 from EUR 50 and keeps a Buy rating on the shares.

1 year ago - TheFly

Northern Data price target raised to EUR 50 from EUR 42 at Berenberg

Berenberg raised the firm’s price target on Northern Data (NDTAF) to EUR 50 from EUR 42 and keeps a Buy rating on the shares.

1 year ago - TheFly

Northern Data AG Earnings Call Transcript: H2 2024

2024 saw 159% revenue growth to EUR 200.5 million, driven by cloud and mining segments, with adjusted EBITDA turning positive. Major investments in GPUs and data centers position the company for further growth in 2025, with continued expansion and customer diversification expected.

1 year ago - Transcripts

Northern Data AG Annual report: H2 2024

Northern Data AG has published its H2 2024 annual report on January 21, 2025.

1 year ago - Filings

Northern Data AG Quarterly report: H2 2024

Northern Data AG has published its H2 2024 quarterly earnings report on January 21, 2025.

1 year ago - Filings

Northern Data AG Slides: H2 2024

Northern Data AG has posted slides in relation to its H2 2024 quarterly earnings report, which was published on January 21, 2025.

1 year ago - Filings

Northern Data initiated with a Buy at Canaccord

Canaccord initiated coverage of Northern Data (NDTAF) with a Buy rating and EUR 60 price target The company is well positioned “at the forefront of a budding” artificial intelligence compute…

1 year ago - TheFly

Northern Data price target raised to EUR 42 from EUR 36.50 at Berenberg

Berenberg analyst Gerhard Orgonas raised the firm’s price target on Northern Data (NDTAF) to EUR 42 from EUR 36.50 and keeps a Buy rating on the shares. Published first on…

1 year ago - TheFly