Citi rates NXT as Buy (1) - A 29% year on year increase in...

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    Citi rates NXT as Buy (1) -

    A 29% year on year increase in underlying earnings from NextDC beat the broker by 8%, driven by a better than expected performance from generation 2 assets. The headline loss reflected a one-off.

    Earnings margins expanded in the half but have been guided lower in the second half, although the broker believes this is conservative.

    Yet another solid result from the company, the broker suggests, highlighting the recurring nature and operating leverage inherent in the business model. Buy and $14.80 target retained.


    Target price is $14.80 Current Price is $11.18 Difference: $3.62


 
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(20min delay)
Last
$14.07
Change
0.030(0.21%)
Mkt cap ! $9.010B
Open High Low Value Volume
$13.98 $14.12 $13.80 $73.22M 5.229M

Buyers (Bids)

No. Vol. Price($)
3 8053 $14.04
 

Sellers (Offers)

Price($) Vol. No.
$14.07 5500 2
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
NXT (ASX) Chart
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