Megaport Limited

ASX:MP1 Stock Report

Market Cap: AU$1.8b

Megaport Future Growth

Future criteria checks 5/6

Megaport is forecast to grow earnings and revenue by 57.6% and 23.3% per annum respectively. EPS is expected to grow by 59.1% per annum. Return on equity is forecast to be 12.7% in 3 years.

Key information

57.6%

Earnings growth rate

59.08%

EPS growth rate

IT earnings growth-4.7%
Revenue growth rate23.3%
Future return on equity12.71%
Analyst coverage

Good

Last updated29 Apr 2026

Recent future growth updates

Recent updates

Narrative Update Apr 23

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.
Narrative Update Apr 06

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).
Narrative Update Mar 22

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).
Narrative Update Mar 08

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.
Narrative Update Feb 21

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).
Narrative Update Feb 07

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.
Narrative Update Jan 24

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.
Narrative Update Jan 09

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.
Narrative Update Dec 26

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.
Narrative Update Dec 12

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.
Narrative Update Nov 28

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.
Narrative Update Nov 11

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.
Analysis Article Oct 28

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

While Megaport Limited ( ASX:MP1 ) might not have the largest market cap around , it saw a decent share price growth of...
Analysis Article Sep 27

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

When close to half the companies in the IT industry in Australia have price-to-sales ratios (or "P/S") below 1.7x, you...
Analysis Article Sep 10

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Aug 16

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.
Analysis Article Jun 30

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

Megaport Limited ( ASX:MP1 ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Jun 10

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 04

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

Despite an already strong run, Megaport Limited ( ASX:MP1 ) shares have been powering on, with a gain of 26% in the...
Analysis Article Apr 01

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

Key Insights The projected fair value for Megaport is AU$12.06 based on 2 Stage Free Cash Flow to Equity Megaport's...
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New Narrative Mar 10

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.
Analysis Article Feb 06

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

Megaport Limited ( ASX:MP1 ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Sep 03

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

Unfortunately for some shareholders, the Megaport Limited ( ASX:MP1 ) share price has dived 26% in the last thirty...
Analysis Article Aug 28

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

Investors were disappointed with Megaport Limited's ( ASX:MP1 ) earnings, despite the strong profit numbers. Our...
Analysis Article Jun 03

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 21

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

When you see that almost half of the companies in the IT industry in Australia have price-to-sales ratios (or "P/S...
Analysis Article May 05

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

While Megaport Limited ( ASX:MP1 ) might not have the largest market cap around , it led the ASX gainers with a...
Analysis Article Apr 21

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

Key Insights The projected fair value for Megaport is AU$19.01 based on 2 Stage Free Cash Flow to Equity Megaport is...
Analysis Article Mar 24

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

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Feb 21

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

Investors in Megaport Limited ( ASX:MP1 ) had a good week, as its shares rose 3.9% to close at AU$13.23 following the...
Analysis Article Feb 09

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

Megaport Limited ( ASX:MP1 ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Dec 26

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

Megaport Limited's ( ASX:MP1 ) price-to-sales (or "P/S") ratio of 9.4x may look like a poor investment opportunity when...
Analysis Article Dec 11

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

Megaport Limited ( ASX:MP1 ), might not be a large cap stock, but it saw significant share price movement during recent...
Analysis Article Nov 27

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

Key Insights Megaport's estimated fair value is AU$17.24 based on 2 Stage Free Cash Flow to Equity Megaport's AU$9.61...
Analysis Article Oct 03

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 16

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

Key Insights The projected fair value for Megaport is AU$14.92 based on 2 Stage Free Cash Flow to Equity Megaport is...

Earnings and Revenue Growth Forecasts

ASX:MP1 - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/2028541393715513
6/30/202743216-111315
6/30/2026312-16-436214
12/31/2025255-202173N/A
9/30/2025241-102870N/A
6/30/202522703468N/A
3/31/202521733363N/A
12/31/202420763258N/A
9/30/202420183255N/A
6/30/2024195103252N/A
3/31/202418692143N/A
12/31/20231778935N/A
9/30/2023165-1-722N/A
6/30/2023153-10-2310N/A
3/31/2023142-26-306N/A
12/31/2022125-40-342N/A
9/30/2022116-44-40-3N/A
6/30/2022110-48-48-8N/A
3/31/2022101-42-45-10N/A
12/31/202194-37-43-12N/A
9/30/202186-46-37-10N/A
6/30/202178-55-31-9N/A
3/31/202173-62-38-12N/A
12/31/202068-68-44-15N/A
9/30/202063-58-47-18N/A
6/30/202058-49-50-22N/A
3/31/202052-42-50-25N/A
12/31/201946-36-50-28N/A
9/30/201940-35N/A-28N/A
6/30/201935-34N/A-28N/A
3/31/201931-31N/A-27N/A
12/31/201826-28N/A-25N/A
9/30/201823-26N/A-24N/A
6/30/201820-24N/A-24N/A
3/31/201817-27N/A-23N/A
12/31/201715-29N/A-22N/A
9/30/201713-30N/A-23N/A
6/30/201711-30N/A-25N/A
12/31/20166-27N/A-24N/A
6/30/20163-23N/A-17N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MP1 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: MP1 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MP1 is expected to become profitable in the next 3 years.

Revenue vs Market: MP1's revenue (23.3% per year) is forecast to grow faster than the Australian market (6.4% per year).

High Growth Revenue: MP1's revenue (23.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MP1's Return on Equity is forecast to be low in 3 years time (12.7%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 16:26
End of Day Share Price 2026/05/07 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