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An announcement from Megaport ( (AU:MP1) ) is now available.
Megaport reported a record performance for the fiscal year ending June 30, 2025, with a 20% increase in Annual Recurring Revenue (ARR) to $243.8 million and a 16% rise in total revenue to $227.1 million. The company expanded its global footprint by adding 115 new data centers and increasing its customer base, particularly large customers, by 18%. Investments in go-to-market capabilities and product innovation have driven growth, positioning Megaport as a key player in the evolving landscape of high-speed connectivity, especially with the rising demand for artificial intelligence solutions.
The most recent analyst rating on (AU:MP1) stock is a Hold with a A$15.95 price target. To see the full list of analyst forecasts on Megaport stock, see the AU:MP1 Stock Forecast page.
More about Megaport
Megaport Limited is a global leader in the Network as a Service (NaaS) industry, providing high-speed connectivity solutions. The company focuses on enabling secure and agile connections for critical workloads and applications across a vast network of data centers and cloud on-ramps worldwide.
Average Trading Volume: 536,166
Technical Sentiment Signal: Buy
Current Market Cap: A$2.44B
For detailed information about MP1 stock, go to TipRanks’ Stock Analysis page.