Jabin Hallihan, Morgans
BUY RECOMMENDATIONS
NextDC (NXT)
Australia’s biggest cloud data provider reported underlying EBITDA of $134.5 million for fiscal year 2021, an increase of 29.9 per cent on the prior corresponding period. It beat the top end of guidance. We believe the trend of growing cloud service revenue between 30 per cent and 40 per cent a year is likely to continue. This reinforces our view that demand growth justifies the company’s plan to build several more data centres. The outlook is bright.
thebull.com.au/18-share-tips-6-september-2021
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Last
$14.43 |
Change
0.355(2.52%) |
Mkt cap ! $9.228B | |||
| Open | High | Low | Value | Volume |
| $14.23 | $14.57 | $14.18 | $19.95M | 1.385M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 2982 | $14.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.43 | 274 | 10 |
View Market Depth
| Last trade - 14.58pm 24/06/2025 (20 minute delay) ? |
| NXT (ASX) Chart |