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The latest update is out from Megaport ( (AU:MP1) ).
Megaport Limited has announced the application for quotation of 13,986,014 fully paid ordinary securities on the Australian Securities Exchange (ASX), set to be issued on November 17, 2025. This move is part of previously announced transactions and could enhance Megaport’s market presence and liquidity, potentially benefiting stakeholders by increasing the company’s capital base and supporting its growth initiatives.
The most recent analyst rating on (AU:MP1) stock is a Hold with a A$11.00 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 operates in the technology and telecommunications industry, providing network as a service (NaaS) solutions. The company focuses on enabling businesses to connect to various cloud services and data centers globally through its software-defined network.
Average Trading Volume: 745,061
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.44B
See more data about MP1 stock on TipRanks’ Stock Analysis page.