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Nextdc Limited
(Sydney:NXT)
Nextdc Limited (NXT) vs. iShares MSCI Australia ETF (EWA)
Nextdc Limited Business Overview & Revenue Model
Nextdc Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 427.21M | 427.21M | 404.34M | 362.37M | 291.04M | 246.06M |
| Gross Profit | 33.78M | 350.20M | 307.90M | 75.92M | 79.37M | 54.19M |
| EBITDA | 235.34M | 227.71M | 217.77M | 185.61M | 161.58M | 136.98M |
| Net Income | -60.54M | -60.54M | -44.15M | -25.64M | 9.14M | -23.63M |
Balance Sheet | ||||||
| Total Assets | 5.69B | 5.69B | 5.22B | 3.85B | 2.98B | 2.64B |
| Cash, Cash Equivalents and Short-Term Investments | 243.69M | 243.69M | 1.24B | 765.84M | 456.56M | 652.33M |
| Total Debt | 1.21B | 1.21B | 1.46B | 1.44B | 1.14B | 860.45M |
| Total Liabilities | 1.54B | 1.54B | 1.65B | 1.57B | 1.28B | 980.69M |
| Stockholders Equity | 4.15B | 4.15B | 3.57B | 2.28B | 1.70B | 1.66B |
Cash Flow | ||||||
| Free Cash Flow | -1.36B | -1.37B | -809.66M | -579.21M | -459.80M | -191.10M |
| Operating Cash Flow | 212.86M | 222.64M | 128.79M | 126.79M | 122.04M | 127.39M |
| Investing Cash Flow | -1.59B | -1.59B | -950.91M | -710.02M | -599.93M | -318.50M |
| Financing Cash Flow | 372.08M | 372.08M | 1.29B | 893.06M | 286.98M | -55.33M |
Nextdc Limited Technical Analysis
Nextdc Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | AU$1.40B | 28.98 | 60.59% | 3.19% | 5.82% | 11.11% | |
71 Outperform | AU$743.50M | 13.85 | 24.81% | 3.84% | 11.19% | 34.96% | |
66 Neutral | AU$1.30B | 17.51 | 65.33% | 10.57% | 25.67% | 744.90% | |
65 Neutral | AU$1.77B | 49.85 | 35.71% | 1.31% | 5.11% | 12.91% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
49 Neutral | $8.66B | ― | -1.55% | ― | 5.66% | -16.43% | |
43 Neutral | AU$773.06M | -82.50 | -3.19% | ― | 0.40% | -280.65% |
Nextdc Limited Corporate Events
Nextdc Limited announced that Jennifer M Lambert has ceased to be a director as of November 13, 2025. Lambert held an indirect interest in 34,763 fully paid ordinary shares through the Evans Family Superannuation Fund, where she is a beneficiary. This change in the board may impact the company’s governance and strategic direction, potentially influencing stakeholder confidence.
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.
Nextdc Limited held its Annual General Meeting where several key resolutions were voted on. The remuneration report was not carried, with a significant majority voting against it. However, the re-election and election of directors, including Mr. Stephen M Smith, Mrs. Deborah Page, and Mr. Jamaludin Ibrahim, were successfully carried, indicating strong support for the company’s leadership. Additionally, the approval of performance rights for Mr. Craig Scroggie under the FY26 Long Term Incentive Plan was also carried, reflecting confidence in the company’s strategic direction.
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.
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.
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.
Nextdc Limited has announced its Annual General Meeting for the fiscal year 2025, scheduled to take place on Thursday, 13 November 2025. The meeting will be held at 11:00am AEDT and will involve discussions led by the company’s board of directors, including CEO and Managing Director Craig Scroggie. This event is a significant opportunity for stakeholders to engage with the company’s leadership and gain insights into its strategic direction and operational performance.
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.
Nextdc Limited has announced the appointment of Mr. Jamaludin Ibrahim as a director, effective November 1, 2025. Mr. Ibrahim holds 15,000 ordinary shares through a discretionary trust operated by Swiss Life (Singapore) Pte. Ltd. This appointment is part of the company’s strategic efforts to strengthen its leadership team, which may positively impact its market positioning and stakeholder confidence.
The most recent analyst rating on (AU:NXT) stock is a Hold with a A$16.00 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
Nextdc Limited has announced the appointment of Mrs. Deborah Page as a new director, effective November 1, 2025. The announcement details Mrs. Page’s initial interest in the company’s securities, which includes 3,000 ordinary shares as a registered holder and an additional 1,500 ordinary shares held through Mattenjac Investments Pty Limited as the trustee for the Page Superannuation Fund. This appointment and disclosure of interests are part of the company’s compliance with ASX listing rules, reflecting transparency in governance and potentially impacting stakeholder perceptions positively.
The most recent analyst rating on (AU:NXT) stock is a Hold with a A$16.00 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
NEXTDC Limited has announced its Annual General Meeting (AGM) scheduled for November 13, 2025, which will be held as a hybrid meeting allowing both in-person and virtual participation. The AGM will cover voting on the FY25 Remuneration Report, the grant of Performance Rights under the FY26 Long Term Incentive Plan, and the election of new directors, with some current directors retiring by rotation.
The most recent analyst rating on (AU:NXT) stock is a Buy with a A$20.90 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
NEXTDC Limited announced a change in the director’s interest notice, specifically regarding Craig Ian Scroggie’s holdings. The update reveals that 39,224 Performance Rights previously allocated under the NEXTDC Long Term Incentive Plan lapsed due to unmet vesting conditions, resulting in a decrease in the total number of Performance Rights held. This change reflects the company’s ongoing management of executive incentives and may impact stakeholders’ perceptions of the company’s performance and governance practices.
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.
Nextdc Limited has announced the quotation of 39,379 ordinary fully paid securities on the ASX, issued under an employee incentive scheme. This move is part of the company’s ongoing efforts to incentivize employees and align their interests with the company’s growth objectives, potentially enhancing its operational efficiency and market positioning.
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.
NEXTDC Limited has appointed Mr. Jamaludin Ibrahim as a non-executive director, effective November 1, 2025. Mr. Ibrahim brings over 40 years of executive experience in the IT and telecommunications sectors, having held various leadership roles, including CEO positions. His extensive board experience across multiple industries and countries, particularly in technology and telecommunications, aligns with NEXTDC’s ambitions to expand its business into Asia. The appointment is expected to leverage Mr. Ibrahim’s insights and skills to further enhance NEXTDC’s growth and reputation in the digital economy.
The most recent analyst rating on (AU:NXT) stock is a Hold with a A$17.00 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
NEXTDC Limited has appointed Deborah Page AM as a non-executive director to its board, effective November 1, 2025. Mrs. Page brings extensive experience in governance, corporate finance, and various industry sectors, enhancing NEXTDC’s strategic growth and expansion efforts amid Australia’s digital transformation and AI infrastructure boom.
The most recent analyst rating on (AU:NXT) stock is a Hold with a A$17.00 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
Nextdc Limited announced the issuance of 69,871 ordinary fully paid securities as part of their unquoted equity securities. This move indicates the company’s ongoing efforts to manage its capital structure and potentially enhance its financial flexibility, which could impact its market positioning and stakeholder interests.
The most recent analyst rating on (AU:NXT) stock is a Hold with a A$17.00 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
NEXTDC Limited is an ASX 100-listed company that provides enterprise-grade data center solutions, specializing in hyperscale, colocation, and edge data centers, with a focus on cloud connectivity and digital infrastructure across Australia and the Asia-Pacific region.
Nextdc Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting their commitment to transparency and accountability. This disclosure is crucial for stakeholders as it provides insights into the company’s governance practices and its compliance with industry standards, potentially impacting investor confidence and market positioning.
The most recent analyst rating on (AU:NXT) stock is a Buy with a A$21.70 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
NEXTDC Limited’s FY25 Climate and Nature Report highlights the company’s efforts to address climate change and nature loss through an integrated sustainability strategy. The report underscores NEXTDC’s alignment with the Task Force on Climate-related Financial Disclosures (TCFD) and the Taskforce on Nature-related Financial Disclosures (TNFD), reflecting its commitment to sustainability and resilience. This initiative is aimed at providing investors and stakeholders with insights into the company’s climate and nature-related risks and opportunities, supporting its transition to the Australian Sustainability Reporting Standards (ASRS).
The most recent analyst rating on (AU:NXT) stock is a Buy with a A$21.70 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
NEXTDC Limited has released its Environmental, Social, and Governance (ESG) Report for the fiscal year 2025, highlighting its commitment to responsible governance, innovation, and environmental protection. The report outlines the company’s efforts in risk management, data security, and community engagement, with a strong focus on sustainability and ethical business practices. By acknowledging traditional land custodians and emphasizing diversity, equity, and inclusion, NEXTDC aims to strengthen its market position and enhance stakeholder trust.
The most recent analyst rating on (AU:NXT) stock is a Buy with a A$21.70 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
Nextdc Limited has released its Corporate Governance Statement for the fiscal year 2025, outlining its governance framework and key focus areas for the board. The statement emphasizes management and oversight, effective board structure, lawful and ethical culture, integrity of corporate reports, timely disclosures, investor rights, risk management, and responsible remuneration policy. These principles aim to enhance the company’s operational transparency and accountability, potentially strengthening its position in the industry and building trust with stakeholders.
The most recent analyst rating on (AU:NXT) stock is a Buy with a A$21.70 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
Nextdc Limited has announced its full-year results for FY25, highlighting significant achievements in financial performance and business operations. The company reported strong financial results and business performance, with notable advancements in ESG and WHS initiatives. The guidance for FY26 suggests continued growth and strategic focus, which may positively impact the company’s market position and stakeholder interests.
The most recent analyst rating on (AU:NXT) stock is a Buy with a A$21.70 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
NEXTDC Limited reported a 6% increase in revenue for the year ended June 30, 2025, totaling $427.2 million. However, the company experienced a significant increase in its loss after income tax, amounting to $60.5 million, primarily due to entering a new $2.9 billion syndicated debt agreement aimed at refinancing existing debt. This strategic move is expected to provide the company with greater financial flexibility and reduced costs, supporting its long-term growth ambitions. Despite the financial loss, NEXTDC did not declare any dividends for the year.
The most recent analyst rating on (AU:NXT) stock is a Buy with a A$21.70 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.
JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in NEXTDC Limited, a company involved in the data center industry. This change involves various transactions and securities lending agreements that affected a significant number of ordinary shares, impacting the voting interests associated with these shares.
The most recent analyst rating on (AU:NXT) stock is a Buy with a A$21.70 price target. To see the full list of analyst forecasts on Nextdc Limited stock, see the AU:NXT Stock Forecast page.