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Nextdc Limited ( (AU:NXT) ) just unveiled an update.
NEXTDC Limited’s 15th Annual General Meeting highlighted significant developments including the appointment of two new board members, Mrs. Deborah Page and Mr. Jamaludin Ibrahim, bringing extensive experience in finance, governance, and technology. The company reported a record-setting fiscal year with 42% growth in contracted utilization and increased funding to $6.4 billion. NEXTDC is adapting to evolving digital infrastructure demands by expanding its operations and engaging with stakeholders across the Asia-Pacific region. The introduction of a Growth Incentive Plan aims to retain top talent in a competitive market, aligning rewards with long-term shareholder value. The company continues to focus on operational efficiency, sustainability, and strong governance to support its growth and meet emerging global standards.
The most recent analyst rating on (AU:NXT) stock is a Buy with a A$18.35 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
More about Nextdc Limited
NEXTDC Limited operates in the digital infrastructure industry, providing trusted and scalable data center services. The company focuses on delivering hyperscale campuses, metro and regional colocation, and edge infrastructure, supporting various sectors including mining and energy. NEXTDC is expanding domestically and internationally, with developments in Kuala Lumpur, Tokyo, and regional leadership based in Singapore.
Average Trading Volume: 2,259,886
Technical Sentiment Signal: Buy
Current Market Cap: A$9.64B
See more insights into NXT stock on TipRanks’ Stock Analysis page.