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Nextdc Limited ( (AU:NXT) ) has provided an announcement.
Nextdc Limited reported strong financial growth for FY25, with a 14% increase in net revenue and a 6% rise in underlying EBITDA. The company is strategically positioned to capitalize on the growing AI and data center infrastructure market, with significant expansions planned across Australia and internationally, including new developments in Kuala Lumpur and Tokyo. The company has strengthened its financial capacity with a $3.5 billion increase in debt facilities, providing a total of $6.4 billion in capacity to support future growth. This expansion aligns with the anticipated global investment in AI infrastructure, positioning Nextdc as a key player in the digital economy’s transformation.
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 data center industry, providing cloud computing, artificial intelligence, and high-performance GPU services. The company focuses on building and managing data centers that facilitate digital infrastructure and interconnections, catering to a growing demand for AI and data center infrastructure globally.
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.