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Megaport LimitedASX:MP1 Stock Report

Market Cap AU$1.6b
Share Price
AU$9.01
AU$10
9.9% undervalued intrinsic discount
1Y-20.0%
7D-3.5%
Portfolio Value
View

Megaport Limited

ASX:MP1 Stock Report

Market Cap: AU$1.6b

Megaport (MP1) Stock Overview

Provides on-demand interconnection services in Australia, New Zealand, Hong Kong, Singapore, Japan, the United States of America, Canada, Mexico, and Brazil, and Europe. More details

MP1 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for MP1 from our risk checks.

MP1 Community Fair Values

Create Narrative

See what 73 others think this stock is worth. Follow their fair value or set your own to get alerts.

Software opportunity

Megaport Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Megaport
Historical stock prices
Current Share PriceAU$9.01
52 Week HighAU$17.87
52 Week LowAU$6.40
Beta1.18
1 Month Change30.58%
3 Month Change-21.03%
1 Year Change-19.98%
3 Year Change63.22%
5 Year Change-32.76%
Change since IPO362.05%

Recent News & Updates

MP1: Renewable Powered AI Partnership Will Support Stronger Long Term Earnings Potential

Analysts now set a higher fair value range for Megaport, with the price target shifting from about A$19.06 to around A$23.35. This reflects updated assumptions for revenue growth, discount rate and future P/E multiples.

MP1: Updated Guidance And WinDC Partnership Will Support Future Earnings Potential

Megaport's analyst price target has been revised higher to A$10.00 from A$10.00, with analysts pointing to updated assumptions around discount rates, revenue growth, profit margins and future P/E as the key drivers behind the change. What's in the News Megaport issued updated consolidated group earnings guidance for fiscal 2026, with expected revenue of $302 million to $317 million for the year (Corporate Guidance).

MP1: New Guidance And WinDC Partnership Will Support Future Earnings Multiple

Analysts have adjusted their Megaport price target to A$10.00, supported by updated assumptions around revenue growth, profit margins and a lower future P/E multiple. What's in the News Megaport issued updated consolidated group earnings guidance for fiscal 2026, indicating expected revenue of $302 million to $317 million for the year (Corporate Guidance).

MP1: New Partnerships And Guidance Will Support Higher Future Earnings Multiple

Analysts now see Megaport's fair value at A$10.00, down from A$11.21. This reflects updated views on a slightly higher discount rate, softer revenue growth assumptions, narrower profit margins and a higher future P/E multiple.

Recent updates

MP1: Renewable Powered AI Partnership Will Support Stronger Long Term Earnings Potential

Analysts now set a higher fair value range for Megaport, with the price target shifting from about A$19.06 to around A$23.35. This reflects updated assumptions for revenue growth, discount rate and future P/E multiples.

MP1: Updated Guidance And WinDC Partnership Will Support Future Earnings Potential

Megaport's analyst price target has been revised higher to A$10.00 from A$10.00, with analysts pointing to updated assumptions around discount rates, revenue growth, profit margins and future P/E as the key drivers behind the change. What's in the News Megaport issued updated consolidated group earnings guidance for fiscal 2026, with expected revenue of $302 million to $317 million for the year (Corporate Guidance).

MP1: New Guidance And WinDC Partnership Will Support Future Earnings Multiple

Analysts have adjusted their Megaport price target to A$10.00, supported by updated assumptions around revenue growth, profit margins and a lower future P/E multiple. What's in the News Megaport issued updated consolidated group earnings guidance for fiscal 2026, indicating expected revenue of $302 million to $317 million for the year (Corporate Guidance).

MP1: New Partnerships And Guidance Will Support Higher Future Earnings Multiple

Analysts now see Megaport's fair value at A$10.00, down from A$11.21. This reflects updated views on a slightly higher discount rate, softer revenue growth assumptions, narrower profit margins and a higher future P/E multiple.

MP1: Renewable AI Partnerships Will Drive Future Network And Earnings Upside

Analysts have reduced their price target on Megaport by A$0.89 to A$16.09, citing updated assumptions that include a different discount rate, slightly revised revenue growth and profit margin expectations, and a new future P/E outlook. What's in the News WinDC announced a partnership with Megaport to connect WinDC's renewable powered AI Factories directly to Megaport's global Network as a Service platform, giving organizations in Australia and across Megaport's network access to high density AI compute located at solar, wind or hydro generation sites (Key Developments).

MP1: Latitude Acquisition And India Expansion Will Shape Future Market Upside

Narrative Update Analysts have nudged their fair value estimate for Megaport slightly higher to about A$16.98, reflecting updated price targets in the A$16.70 to A$20.00 range. They view the Latitude.sh acquisition as reasonably expanding the company’s addressable market and cross selling potential at what they describe as attractive multiples.

MP1: Latitude Acquisition Will Concentrate Execution Risk And Stretch Future Earnings Multiple

Narrative Update Analysts have lifted their price targets on Megaport, with some moving into Buy or Overweight ratings and citing the A$150m Latitude.sh acquisition, its expanded total addressable market and cross selling potential as key supports for higher fair value estimates despite a richer future P/E profile. Analyst Commentary Recent research on Megaport has turned more constructive, with upgrades and higher price targets coming through after the Latitude.sh announcement.

MP1: Latitude Acquisition And India Expansion Will Drive Future Market Upside

Analysts have nudged their Megaport price targets higher, with our fair value estimate moving from A$16.76 to A$16.98. They cite the Latitude.sh acquisition as a way to expand the addressable market and create cross selling potential on what they view as reasonable and attractive deal multiples.

MP1: Latitude Acquisition And India Expansion Will Drive Long-Term Market Opportunity

Analysts have raised their price target for Megaport to A$16.76, an increase of roughly A$2.26. They cite the Latitude.sh acquisition as a catalyst that expands the company’s addressable market and enhances its growth and cross selling potential on attractive valuation multiples.

MP1: Latitude Acquisition And India Expansion Will Drive Expanded Market Opportunity

Megaport's analyst price target has inched higher by A$0.20 to reflect analysts' view that the Latitude.sh acquisition, associated expansion into India, and improved out year revenue growth profile collectively justify a modest uplift in fair value, despite a slightly higher discount rate and future earnings multiple. Analyst Commentary Street research has turned notably more constructive on Megaport following the Latitude.sh acquisition announcement, with several price target upgrades reflecting higher growth and returns expectations.

MP1: India Expansion Will Drive Market Opportunity Following Recent Acquisition

Megaport's analyst price target has risen from A$15.83 to A$16.56. Analysts cite the company's recent acquisition and improved growth outlook as key drivers behind the higher valuation.

MP1: Recent Acquisition And Expansion Plans Will Set Direction Amid Execution Risks

Analysts have raised their price target for Megaport from A$15.17 to A$15.83. This reflects greater confidence in the company's growth prospects following its recent acquisition and expansion plans.

When Should You Buy Megaport Limited (ASX:MP1)?

Oct 28
When Should You Buy Megaport Limited (ASX:MP1)?

Megaport Limited's (ASX:MP1) Share Price Not Quite Adding Up

Sep 27
Megaport Limited's (ASX:MP1) Share Price Not Quite Adding Up

Is Megaport (ASX:MP1) Weighed On By Its Debt Load?

Sep 10
Is Megaport (ASX:MP1) Weighed On By Its Debt Load?

Expanding Network Capacity And Launching AI And Financial Services Exchanges Will Drive Future Growth

The consensus analyst price target for Megaport has increased to A$12.88, primarily reflecting higher growth expectations and a modest rise in both the discount rate and future P/E multiple. What's in the News Megaport launched its 1,000th enabled location, now providing access to 10% of all global public data centres and maintaining a presence in over 160 cities across 26 countries.

At AU$14.44, Is Megaport Limited (ASX:MP1) Worth Looking At Closely?

Jun 30
At AU$14.44, Is Megaport Limited (ASX:MP1) Worth Looking At Closely?

Is Megaport (ASX:MP1) Using Too Much Debt?

Jun 10
Is Megaport (ASX:MP1) Using Too Much Debt?

Megaport Limited's (ASX:MP1) 26% Price Boost Is Out Of Tune With Revenues

May 04
Megaport Limited's (ASX:MP1) 26% Price Boost Is Out Of Tune With Revenues

Calculating The Fair Value Of Megaport Limited (ASX:MP1)

Apr 01
Calculating The Fair Value Of Megaport Limited (ASX:MP1)
User avatar

Expanding Network Capacity And Launching AI And Financial Services Exchanges Will Drive Future Growth

Strategic expansions in network and product offerings, including increased data center locations, enhance revenue potential and market presence globally.

Subdued Growth No Barrier To Megaport Limited (ASX:MP1) With Shares Advancing 27%

Feb 06
Subdued Growth No Barrier To Megaport Limited (ASX:MP1) With Shares Advancing 27%

Megaport Limited's (ASX:MP1) 26% Share Price Plunge Could Signal Some Risk

Sep 03
Megaport Limited's (ASX:MP1) 26% Share Price Plunge Could Signal Some Risk

Shareholders Can Be Confident That Megaport's (ASX:MP1) Earnings Are High Quality

Aug 28
Shareholders Can Be Confident That Megaport's (ASX:MP1) Earnings Are High Quality

We Think Megaport (ASX:MP1) Can Stay On Top Of Its Debt

Jun 03
We Think Megaport (ASX:MP1) Can Stay On Top Of Its Debt

Revenues Tell The Story For Megaport Limited (ASX:MP1)

May 21
Revenues Tell The Story For Megaport Limited (ASX:MP1)

At AU$13.55, Is Megaport Limited (ASX:MP1) Worth Looking At Closely?

May 05
At AU$13.55, Is Megaport Limited (ASX:MP1) Worth Looking At Closely?

Megaport Limited's (ASX:MP1) Intrinsic Value Is Potentially 40% Above Its Share Price

Apr 21
Megaport Limited's (ASX:MP1) Intrinsic Value Is Potentially 40% Above Its Share Price

Megaport (ASX:MP1) Is Doing The Right Things To Multiply Its Share Price

Mar 24
Megaport (ASX:MP1) Is Doing The Right Things To Multiply Its Share Price

The Megaport Limited (ASX:MP1) Interim Results Are Out And Analysts Have Published New Forecasts

Feb 21
The Megaport Limited (ASX:MP1) Interim Results Are Out And Analysts Have Published New Forecasts

Why Investors Shouldn't Be Surprised By Megaport Limited's (ASX:MP1) 48% Share Price Surge

Feb 09
Why Investors Shouldn't Be Surprised By Megaport Limited's (ASX:MP1) 48% Share Price Surge

Revenues Tell The Story For Megaport Limited (ASX:MP1)

Dec 26
Revenues Tell The Story For Megaport Limited (ASX:MP1)

Why Megaport Limited (ASX:MP1) Could Be Worth Watching

Dec 11
Why Megaport Limited (ASX:MP1) Could Be Worth Watching

Is There An Opportunity With Megaport Limited's (ASX:MP1) 44% Undervaluation?

Nov 27
Is There An Opportunity With Megaport Limited's (ASX:MP1) 44% Undervaluation?

Is Megaport (ASX:MP1) Using Debt In A Risky Way?

Oct 03
Is Megaport (ASX:MP1) Using Debt In A Risky Way?

An Intrinsic Calculation For Megaport Limited (ASX:MP1) Suggests It's 26% Undervalued

Aug 16
An Intrinsic Calculation For Megaport Limited (ASX:MP1) Suggests It's 26% Undervalued

Shareholder Returns

MP1AU ITAU Market
7D-3.5%-3.6%-0.5%
1Y-20.0%7.4%5.8%

Return vs Industry: MP1 underperformed the Australian IT industry which returned 7.4% over the past year.

Return vs Market: MP1 underperformed the Australian Market which returned 5.8% over the past year.

Price Volatility

Is MP1's price volatile compared to industry and market?
MP1 volatility
MP1 Average Weekly Movement11.4%
IT Industry Average Movement11.0%
Market Average Movement10.7%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market4.5%

Stable Share Price: MP1 has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: MP1's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013n/aMichael Reidwww.megaport.com

Megaport Limited provides on-demand interconnection services in Australia, New Zealand, Hong Kong, Singapore, Japan, the United States of America, Canada, Mexico, and Brazil, and Europe. It operates a Software Defined Network platform that enables customers to connect their network to other services, as well as agile networking. The company also offers hybrid cloud, cloud to cloud, Virtual connectivity hub, global WAN, and data center interconnect solutions, as well as internet exchanges, megaport internet, and firewall as a service hosting services.

Megaport Limited Fundamentals Summary

How do Megaport's earnings and revenue compare to its market cap?
MP1 fundamental statistics
Market capAU$1.59b
Earnings (TTM)-AU$20.25m
Revenue (TTM)AU$255.16m
6.3x
P/S Ratio
-78.9x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MP1 income statement (TTM)
RevenueAU$255.16m
Cost of RevenueAU$70.13m
Gross ProfitAU$185.03m
Other ExpensesAU$205.28m
Earnings-AU$20.25m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 20, 2026

Earnings per share (EPS)-0.11
Gross Margin72.52%
Net Profit Margin-7.94%
Debt/Equity Ratio5.6%

How did MP1 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/04 14:44
End of Day Share Price 2026/05/04 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Megaport Limited is covered by 23 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
April LowisBarrenjoey Markets Pty Limited
Eric ChoiBarrenjoey Markets Pty Limited
Aryan NoroziBarrenjoey Markets Pty Limited