Megaport Ltd (ASX: MP1)
A third ASX growth share that has been given the thumbs up by brokers is Megaport.
It is a leading global provider of elastic interconnection services, which has been growing at a rapid rate in recent years thanks to the cloud computing and artificial intelligence boom.
Goldman Sachs is also very positive on Megaport. It notes that the company is "benefiting from increasingly complex cloud environment and connectivity demands, while its product-led growth remains robust, supporting its positive net revenue retention and revenue tailwinds over the medium term."
It is for this reason that the broker recently put a buy rating and $12.00 price target on its shares.
Megaport Ltd (ASX: MP1)A third ASX growth share that has been...
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Last
$14.63 |
Change
-0.060(0.41%) |
Mkt cap ! $2.354B | |||
| Open | High | Low | Value | Volume |
| $14.67 | $14.93 | $14.63 | $5.878M | 398.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1539 | $14.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.70 | 2362 | 1 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| MP1 (ASX) Chart |