NB2.DE Northern Data AG €12.84 on XETRA (22 Jan 2026): AI stock with mixed outlook
Northern Data AG (NB2.DE) trades at €12.84 on XETRA intraday, up 1.90% on 22 Jan 2026. NB2.DE stock remains in focus for AI and high-performance computing investors after volatile 2025 price action. Volume today is 15,263 versus an average of 81,556, showing lighter trading. Key metrics include EPS -2.21 and PE -5.74, reflecting continued losses as the company scales infrastructure for AI and crypto workloads. We assess valuation, technicals, risks and Meyka AI forecasts for a clear intraday view.
NB2.DE stock: Intraday snapshot and price action
Northern Data AG (NB2.DE) is trading at €12.84 on XETRA with a day low of €12.60 and day high of €12.87. Today’s change is +€0.24 or +1.90%, on volume 15,263 shares. Average daily volume is 81,556, so liquidity is below normal. Market cap is €814.66M and shares outstanding are 64,196,677. Intraday moves reflect sector rotation toward selected AI plays and short-term positioning ahead of the next earnings date on 26 March 2026.
NB2.DE stock: Valuation and financials
Valuation remains stretched relative to fundamentals. NB2.DE reports EPS -2.21 and a reported PE of -5.74, signalling negative earnings. Book value per share is €29.02 while price-to-book is 0.44, indicating the market values assets below book. Enterprise value is €1.41B and EV/EBITDA stands at 32.70, suggesting limited earnings cover for enterprise value. Free cash flow per share is -35.92, while the current ratio is 2.69, showing near-term liquidity but persistent negative cash generation.
Meyka AI rates NB2.DE with a score out of 100 and forecast
Meyka AI rates NB2.DE with a score of 64.83 out of 100 (Grade: B, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. companyRating data also shows a third-party D+ rating and a Strong Sell recommendation dated 21 Jan 2026, highlighting divergent views.
Meyka AI’s forecast model projects a yearly target of €10.44 and a monthly point of €8.38. Compared with the current price €12.84, the yearly forecast implies an ~-18.71% downside, and the monthly model implies ~-34.71% downside. Forecasts are model-based projections and not guarantees.
NB2.DE stock: Technicals and trading setup
Technical indicators show limited upside momentum. RSI is 42.37, below neutral, and MACD is -0.38 with a signal at -0.29, indicating weak momentum. Bollinger Bands middle is €13.77 with an upper band at €15.40 and lower at €12.14, placing price near the lower band. The 50-day average is €14.08 and the 200-day average is €19.40, so the short- and long-term trends remain lower than past peaks. Volume profile and ATR 0.94 suggest heightened volatility risk around support at €12.60.
NB2.DE stock: Catalysts, sector context and news flow
Key catalysts include the 26 March 2026 earnings announcement and any updates on large hosting contracts for AI workloads. Northern Data sits in the Technology sector in Germany, where the sector YTD performance is 3.29% and average P/E is 36.01. NB2.DE’s negative margins and high capex differentiate it from peers. Recent listings and ETF flows matter; MNRS holdings and sector comparisons have changed demand signals source. Competitor comparisons and peer screens can be found on Investing.com source.
NB2.DE stock: Risks, opportunities and investor considerations
Risks include prolonged negative free cash flow, interest coverage at -2.97, and net debt to EBITDA elevated at 13.78, which increases funding pressure. Opportunities stem from rising demand for AI compute and the company’s tangible asset base of €803.14M. Price/book near 0.44 could attract value seekers if earnings improve. Investors should weigh short-term volatility against potential long-term gains tied to AI infrastructure adoption.
Final Thoughts
NB2.DE stock trades at €12.84 on XETRA intraday on 22 Jan 2026, with light volume and mixed signals across fundamentals and technicals. The company shows deep negative earnings, EPS -2.21, and negative free cash flow per share -35.92, but retains a sizeable tangible asset base and a current ratio of 2.69. Meyka AI rates the stock 64.83/100 (B, HOLD), reflecting a cautious view driven by sector opportunity and weak near-term cash metrics. Meyka AI’s model projects a yearly target of €10.44, implying ~18.71% downside from today. That forecast is model-based and not a guarantee. Near-term upside would require clearer signs of EBITDA recovery or contract wins for AI hosting. Traders should monitor the 26 March 2026 earnings, volume shifts versus the 81,556 average, and any sector ETF flows that could re-rate the stock. For AI-focused investors, Northern Data offers exposure to compute infrastructure, but the path to profitable growth remains conditional on execution and macro liquidity.
FAQs
What is the current price of NB2.DE stock and today’s change?
NB2.DE stock is trading at €12.84 on XETRA intraday (22 Jan 2026). Today’s change is +€0.24 or +1.90%, with volume 15,263 shares versus an average of 81,556.
What grade does Meyka AI give NB2.DE and what does it mean?
Meyka AI rates NB2.DE 64.83 out of 100 (Grade B, Suggestion HOLD). The score compares S&P 500, sector, financial growth, metrics, forecasts and analyst views. This is informational, not investment advice.
What are the main financial risks for NB2.DE stock?
Primary risks for NB2.DE stock are negative free cash flow per share -35.92, interest coverage -2.97, and net debt to EBITDA 13.78. These raise refinancing and liquidity concerns if revenue growth stalls.
What price does Meyka AI forecast for NB2.DE stock?
Meyka AI’s yearly forecast for NB2.DE stock is €10.44, implying ~18.71% downside from €12.84. Forecasts are model projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
