The analyst views the recent pullback in NeoCloud-related stocks as a buying opportunity, maintaining a bullish stance on $CRWV, $NBIS, $APLD, and others due to strong fundamentals and growing AI infrastructure demand.
Despite recent profit-taking and sell-the-news effects on $CRWV and $NBIS, fundamentals remain strong with high revenue and backlog, institutional exposure just beginning, and significant hyperscaler demand projected to increase AI infrastructure spending by 60% in 2026.
NeoCloud pullback = gift for those who missed the run After an impressive YTD run, profit-taking is completely normal. This is how markets work. The thesis hasn’t changed. What triggered the dip: → $CRWV & $NBIS sold off on their Nasdaq-100 debut — classic sell-the-news after vertical moves → Broader AI tape rotation + macro noise → Retail profit-taking after 200%+ gains on some names But zoom out on the fundamentals: $CRWV: $2.07B quarterly revenue, $99.4B revenue backlog $NBIS: up 210% YTD — now in the Nasdaq-100 with institutional exposure just beginning $APLD: surpassed 1 GW of contracted capacity — pure power-and-execution play on hyperscaler demand Hyperscalers projected to spend $630–700B on AI infrastructure in 2026 — up 60% vs 2025. The demand isn’t slowing. The NeoCloud layer of the Silicon-to-Substation stack is intact. Pullbacks in structural winners = entries. Not exits. Watch: $CRWV · $NBIS · $IREN · $APLD · $BTDR · $KEEL $CIFR Not financial advice.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -3.5% | -5.2% |
| 1 week | -14.5% | -17.5% |
| 1 month | -32.6% | -34.0% |
| 3 months | — | — |
| 6 months | — | — |