Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Digico Infrastructure REIT ( (AU:DGT) ).
DigiCo Infrastructure REIT has announced significant customer wins across its Australian data centre platform, leading to an increase in contracted IT capacity to 41MW by June 2026. This expansion is primarily driven by demand from Hyperscale, Neocloud, Enterprise, and Government customers. The company is accelerating the expansion of its SYD1 site to meet this demand, with revenue from these wins expected to phase in over the second half of FY26. DigiCo has updated its financial guidance for FY26, projecting an underlying EBITDA of $120-125 million and growth capital expenditure of $160-180 million. The company is well-positioned to capture growth in high-density AI infrastructure, supported by its strategic status under the Australian Government hosting certification framework.
The most recent analyst rating on (AU:DGT) stock is a Buy with a A$3.90 price target. To see the full list of analyst forecasts on Digico Infrastructure REIT stock, see the AU:DGT Stock Forecast page.
More about Digico Infrastructure REIT
DigiCo Infrastructure REIT (DGT) is a diversified owner, operator, and developer of data centres with a global portfolio. The company has a broad investment mandate across Stabilised, Value-add, and Development opportunities, with a portfolio consisting of 13 data centres in key Australian and North American markets. The REIT plans for 238MW of IT capacity, including 76MW of installed capacity and a 162MW development pipeline.
Average Trading Volume: 2,362,197
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.5B
See more insights into DGT stock on TipRanks’ Stock Analysis page.