Megaport Has Changed Earnings Trajectory, Bull Says -- Market Talk

Dow Jones

Jun 05

0012 GMT - Megaport's bulls at UBS say the cloud connectivity provider's move to double down on its compute business materially changes its earnings trajectory. Analysts at the investment bank raise their Ebitda forecasts from Megaport's next fiscal year on new contract wins and its launch of a new on-demand GPU pool, more than doubling their forecast for fiscal 2028 to A$531.8 million. They write in a note that any questions about how Megaport's recent Latitude.sh acquisition fit into the broader business have been fully answered, and see potential for the stock to further re-rate as investors get a clearer picture of the Australian company's reinvestment plans. UBS raises its target price 45% to A$24.20 and keeps a buy rating on the stock, which is up 25% at A$20.04. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 04, 2026 20:12 ET (00:12 GMT)

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Analysts at the investment bank raise their Ebitda forecasts from Megaport's next fiscal year on new contract wins and its launch of a new on-demand GPU pool, more than doubling their forecast for fiscal 2028 to A$531.8 million. They write in a note that any questions about how Megaport's recent Latitude.sh acquisition fit into the broader business have been fully answered, and see potential for the stock to further re-rate as investors get a clearer picture of the Australian company's reinvestment plans. UBS raises its target price 45% to A$24.20 and keeps a buy rating on the stock, which is up 25% at A$20.04. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 04, 2026 20:12 ET (00:12 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Megaport Has Changed Earnings Trajectory, Bull Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMegaport Has Changed Earnings Trajectory, Bull Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-05 08:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0012 GMT - Megaport's bulls at UBS say the cloud connectivity provider's move to double down on its compute business materially changes its earnings trajectory. Analysts at the investment bank raise their Ebitda forecasts from Megaport's next fiscal year on new contract wins and its launch of a new on-demand GPU pool, more than doubling their forecast for fiscal 2028 to A$531.8 million. They write in a note that any questions about how Megaport's recent Latitude.sh acquisition fit into the broader business have been fully answered, and see potential for the stock to further re-rate as investors get a clearer picture of the Australian company's reinvestment plans. UBS raises its target price 45% to A$24.20 and keeps a buy rating on the stock, which is up 25% at A$20.04. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 04, 2026 20:12 ET (00:12 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7503","symbol_name":"科技股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2641919397","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2641919397","pubTimestamp":1780618320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0012 GMT - Megaport's bulls at UBS say the cloud connectivity provider's move to double down on its compute business materially changes its earnings trajectory. Analysts at the investment bank raise their Ebitda forecasts from Megaport's next fiscal year on new contract wins and its launch of a new on-demand GPU pool, more than doubling their forecast for fiscal 2028 to A$531.8 million. They write in a note that any questions about how Megaport's recent Latitude.sh acquisition fit into the broader business have been fully answered, and see potential for the stock to further re-rate as investors get a clearer picture of the Australian company's reinvestment plans. UBS raises its target price 45% to A$24.20 and keeps a buy rating on the stock, which is up 25% at A$20.04. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7503":"科技股","MP1.AU":"MEGAPORT LTD","BK7043":"互联网服务与基础架构"},"translate_title":"公牛表示，Megaport已经改变了盈利轨迹——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MP1.AU":0.9},"content_text":"0012 GMT - Megaport's bulls at UBS say the cloud connectivity provider's move to double down on its compute business materially changes its earnings trajectory. Analysts at the investment bank raise their Ebitda forecasts from Megaport's next fiscal year on new contract wins and its launch of a new on-demand GPU pool, more than doubling their forecast for fiscal 2028 to A$531.8 million. They write in a note that any questions about how Megaport's recent Latitude.sh acquisition fit into the broader business have been fully answered, and see potential for the stock to further re-rate as investors get a clearer picture of the Australian company's reinvestment plans. UBS raises its target price 45% to A$24.20 and keeps a buy rating on the stock, which is up 25% at A$20.04. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 04, 2026 20:12 ET (00:12 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}