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SKS Technologies Group Limited ( (AU:SKS) ) has shared an announcement.
SKS Technologies Group Limited has secured a $130 million project for a hyperscale data center in Melbourne’s west, marking its largest project in the data center sector to date. This project, which involves the design and construction of critical electrical systems for a facility with 90MW capacity, boosts the company’s total work on hand to $304 million and prompts a revision of its FY26 revenue guidance to $320 million, highlighting its strong market position and potential for future growth in the Victorian data center market.
The most recent analyst rating on (AU:SKS) stock is a Hold with a A$3.50 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 specializes in the design and installation of electrical technologies and digital infrastructure, offering services in audio visual, communications, and electrical solutions across various sectors such as data centers, defense, mining, health, retail, and commercial buildings in Australia.
Average Trading Volume: 481,807
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$376.2M
Find detailed analytics on SKS stock on TipRanks’ Stock Analysis page.