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Nextdc Limited ( (AU:NXT) ) just unveiled an announcement.
NEXTDC has reported that its pro forma contracted utilisation rose by 73MW, or 11%, to 740MW as at 30 June 2026, driven by additional customer contract wins across its data centre portfolio. This growth underpins a pro forma forward order book that has expanded to 565MW, reflecting substantial future demand for the company’s infrastructure services.
The enlarged forward order book is expected to progressively convert into billings, revenue and EBITDA between FY26 and FY30, reinforcing visibility over medium-term earnings for investors and stakeholders. Despite the uplift in contracted utilisation and future workload, NEXTDC has left its FY26 net revenue, underlying EBITDA and capex guidance unchanged, signalling confidence in its existing financial outlook and capacity planning.
The most recent analyst rating on (AU:NXT) stock is a Buy
with a A$19.10 price target.
To see the full list of analyst forecasts on Nextdc Limited stock,
see the AU:NXT Stock Forecast page.
More about Nextdc Limited
NEXTDC Limited is an ASX 100-listed technology company that operates data centres-as-a-service, providing critical power, security and connectivity infrastructure for global cloud computing providers, enterprises and government customers. The company runs Australia’s only network of Uptime Institute certified Tier IV facilities, has achieved Tier IV Gold certification for operational sustainability in the Southern Hemisphere, and maintains a strong focus on renewable energy, operational efficiency and carbon-neutral corporate operations.
Average Trading Volume: 2,758,691
Technical Sentiment Signal: Sell
Current Market Cap: A$9.97B
See more insights into NXT stock on TipRanks’ Stock Analysis page.