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SKS Technologies Group Limited ( (AU:SKS) ) has shared an update.
SKS Technologies Group has upgraded its FY26 earnings outlook after securing $60 million in new contracts across data centre and corporate clients, lifting expected revenue from $320 million to $340 million and increasing its forecast profit before tax from $28.8 million to $34 million on an improved NPBT margin of 10%. The wins include a major package on NEXTDC’s M3 Stage 4 hyperscale data centre expansion in West Footscray and a fully integrated audio-visual, communications and electrical fit-out for Ernst & Young’s new Melbourne office, reinforcing SKS’s growing dominance in the data centre market, its strong repeat business levels, and its continued push across traditional commercial sectors, underpinned by a record $325 million work-on-hand pipeline.
The most recent analyst rating on (AU:SKS) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on SKS Technologies Group Limited stock, see the AU:SKS Stock Forecast page.
More about SKS Technologies Group Limited
SKS Technologies Group Limited is an Australian specialist in electrical technologies and digital infrastructure, providing audio-visual, communications and electrical solutions nationwide. The company serves a wide range of sectors including data centres, defence, mining, healthcare, retail and commercial buildings, positioning itself as a key provider of critical infrastructure services across both high-tech and traditional industries.
Average Trading Volume: 249,246
Technical Sentiment Signal: Buy
Current Market Cap: A$387.7M
For detailed information about SKS stock, go to TipRanks’ Stock Analysis page.