NEXTDC (ASX:NXT) - Stock Price, News & Analysis

NXT Stock Overview

Develops and operates data centers in Australia and the Asia-Pacific region. More details

NXT fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Revenue is forecast to grow 14.79% per year

Analysts in good agreement that stock price will rise by 21%

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

NEXTDC Limited Competitors

Macquarie Technology Group

ASX:MAQ

AU$2.3b

Megaport

ASX:MP1

AU$1.3b

Technology One

ASX:TNE

AU$9.6b

Wrkr

ASX:WRK

AU$103.3m

Price History & Performance

Summary of all time highs, changes and price drops for NEXTDC
Historical stock prices
Current Share Price	AU$16.37
52 Week High	AU$18.58
52 Week Low	AU$12.55
Beta	0.36
11 Month Change	-4.99%
3 Month Change	-7.62%
1 Year Change	25.25%
33 Year Change	35.63%
5 Year Change	150.31%
Change since IPO	926.33%

Here's What's Concerning About NEXTDC's (ASX:NXT) Returns On Capital

Aug 28

Recent updates

Here's What's Concerning About NEXTDC's (ASX:NXT) Returns On Capital

Aug 28

AU$17.37 - That's What Analysts Think NEXTDC Limited (ASX:NXT) Is Worth After These Results

Feb 29

This Is Why We Think NEXTDC Limited's (ASX:NXT) CEO Might Get A Pay Rise Approved By Shareholders

Nov 11

These 4 Measures Indicate That NEXTDC (ASX:NXT) Is Using Debt Extensively

Sep 21

NEXTDC's (ASX:NXT) Returns On Capital Not Reflecting Well On The Business

Jul 27

NEXTDC (ASX:NXT) Is Reinvesting At Lower Rates Of Return

Apr 27

We Think That There Are Issues Underlying NEXTDC's (ASX:NXT) Earnings

Mar 02

Some Investors May Be Worried About NEXTDC's (ASX:NXT) Returns On Capital

Dec 13

Is NEXTDC (ASX:NXT) Using Too Much Debt?

Sep 16

Returns Are Gaining Momentum At NEXTDC (ASX:NXT)

Aug 08

Here's Why NEXTDC (ASX:NXT) Has A Meaningful Debt Burden

Jun 17

NEXTDC (ASX:NXT) Might Have The Makings Of A Multi-Bagger

May 06

NEXTDC Limited (ASX:NXT) Insiders Increased Their Holdings

Mar 19

NEXTDC Limited (ASX:NXT) Just Released Its Interim Earnings: Here's What Analysts Think

Feb 26

Did The Underlying Business Drive NEXTDC's (ASX:NXT) Lovely 379% Share Price Gain?

Feb 18

Will The ROCE Trend At NEXTDC (ASX:NXT) Continue?

Jan 28

Is NEXTDC Limited (ASX:NXT) Popular Amongst Institutions?

Jan 07

Have Insiders Been Buying NEXTDC Limited (ASX:NXT) Shares?

Dec 17

A Look At NEXTDC's (ASX:NXT) CEO Remuneration

Nov 29

What Kind Of Shareholders Hold The Majority In NEXTDC Limited's (ASX:NXT) Shares?

Sep 01

Shareholder Returns

	NXT	AU IT	AU Market
7D	-3.9%	-3.0%	1.5%
1Y	25.2%	20.5%	17.2%

Return vs Industry: NXT exceeded the Australian IT industry which returned 20.5% over the past year.

Return vs Market: NXT exceeded the Australian Market which returned 17.2% over the past year.

Price Volatility

Is NXT's price volatile compared to industry and market?
NXT volatility
NXT Average Weekly Movement	4.5%
IT Industry Average Movement	9.3%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

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

Volatility Over Time: NXT's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2010	n/a	Craig Scroggie	www.nextdc.com

NEXTDC Limited develops and operates data centers in Australia and the Asia-Pacific region. The company offers data center colocation solutions, such as rack spaces, private suites and cages, high performance computing, remote hands, and amenities; mission critical spaces; data center migration and relocation solutions; e-waste recycling, IT asset disposal and destruction, and carbon neutral solutions; build-to-suit and wholesale data center solutions; disaster recovery and business continuity solutions; security and compliance solutions; and edge data centers. It also provides self-service portals comprising ONEDC, a data center infrastructure management solution; and AXON, an interconnectivity platform.

NEXTDC Limited Fundamentals Summary

How do NEXTDC's earnings and revenue compare to its market cap?
NXT fundamental statistics
Market cap	AU$10.57b
Earnings (TTM)	-AU$44.15m
Revenue (TTM)	AU$404.34m

25.9x

P/S Ratio

-237.5x

P/E Ratio

Is NXT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NXT income statement (TTM)
Revenue	AU$404.34m
Cost of Revenue	AU$147.20m
Gross Profit	AU$257.13m
Other Expenses	AU$301.28m
Earnings	-AU$44.15m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.069
Gross Margin	63.59%
Net Profit Margin	-10.92%
Debt/Equity Ratio	38.6%

How did NXT perform over the long term?

See historical performance and comparison

NXT Stock Overview

Rewards

Risk Analysis

NEXTDC Limited Competitors

ASX:MAQ

AU$2.3b

ASX:MP1

AU$1.3b

ASX:TNE

AU$9.6b

ASX:WRK

AU$103.3m

Price History & Performance

Recent News & Updates

NEXTDC Limited, Annual General Meeting, Nov 22, 2024

NEXTDC Limited has filed a Follow-on Equity Offering in the amount of AUD 200 million.

Consensus EPS estimates fall by 19%

Here's What's Concerning About NEXTDC's (ASX:NXT) Returns On Capital

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

NEXTDC Limited Provides Earnings Guidance for the Fiscal Year 2025

Recent updates

NEXTDC Limited, Annual General Meeting, Nov 22, 2024

NEXTDC Limited has filed a Follow-on Equity Offering in the amount of AUD 200 million.

Consensus EPS estimates fall by 19%

Here's What's Concerning About NEXTDC's (ASX:NXT) Returns On Capital

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

NEXTDC Limited Provides Earnings Guidance for the Fiscal Year 2025

New minor risk - Shareholder dilution

NEXTDC Limited has filed a Follow-on Equity Offering in the amount of AUD 1.321083 billion.

NEXTDC Limited has filed a Follow-on Equity Offering in the amount of AUD 1.321083 billion.

New major risk - Revenue and earnings growth

AU$17.37 - That's What Analysts Think NEXTDC Limited (ASX:NXT) Is Worth After These Results

Price target increased by 11% to AU$17.37

First half 2024 earnings released: AU$0.044 loss per share (vs AU$0.006 loss in 1H 2023)

NEXTDC Limited's (ASX:NXT) Shareholders Might Be Looking For Exit

There Are Reasons To Feel Uneasy About NEXTDC's (ASX:NXT) Returns On Capital

NEXTDC Limited, Annual General Meeting, Nov 24, 2023

Does NEXTDC (ASX:NXT) Have A Healthy Balance Sheet?

NEXTDC's (ASX:NXT) Returns On Capital Not Reflecting Well On The Business

Price target increased by 7.5% to AU$14.82

Insufficient new directors

New major risk - Revenue and earnings growth

New major risk - Financial position

Full year 2023 earnings: Revenues exceed analyst expectations

Consensus EPS estimates fall by 669%

NEXTDC Limited Appoints Maria Leftakis to its Board as Non-Executive Director

Consensus EPS estimates fall by 35%

Consensus EPS estimates fall by 27%

Consensus EPS estimates upgraded to AU$0.0046 loss

Consensus EPS estimates fall by 18%

NEXTDC (ASX:NXT) Has A Somewhat Strained Balance Sheet

Price target increased by 7.9% to AU$13.71

Price target increased by 7.0% to AU$13.59

Consensus EPS estimates upgraded to AU$0.0033 loss

First half 2023 earnings released: AU$0.006 loss per share (vs AU$0.023 profit in 1H 2022)

NEXTDC (ASX:NXT) Might Be Having Difficulty Using Its Capital Effectively

Insufficient new directors

This Is Why We Think NEXTDC Limited's (ASX:NXT) CEO Might Get A Pay Rise Approved By Shareholders

Insufficient new directors

NEXTDC Limited, Annual General Meeting, Nov 18, 2022

These 4 Measures Indicate That NEXTDC (ASX:NXT) Is Using Debt Extensively

Price target decreased to AU$12.73

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

NEXTDC Limited Provides Earnings Guidance for the Year 2023

NEXTDC's (ASX:NXT) Returns On Capital Not Reflecting Well On The Business

NEXTDC Hires Macquarie Capital for Global Switch Bid

NEXTDC (ASX:NXT) Is Reinvesting At Lower Rates Of Return

We Think That There Are Issues Underlying NEXTDC's (ASX:NXT) Earnings

Non-Executive Director recently bought AU$64k worth of stock

NEXTDC Limited Revises Data Centre Services Revenue Guidance for the Fiscal Year 2022

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

NEXTDC Limited to Report First Half, 2022 Results on Feb 24, 2022

Some Investors May Be Worried About NEXTDC's (ASX:NXT) Returns On Capital

CEO, MD & Executive Director recently sold AU$22m worth of stock

Is NEXTDC (ASX:NXT) Using Too Much Debt?

Full year 2021 earnings released

NEXTDC Limited Provides Earnings Guidance for the Year Ending June 30, 2022

Returns Are Gaining Momentum At NEXTDC (ASX:NXT)

Here's Why NEXTDC (ASX:NXT) Has A Meaningful Debt Burden