MEGAPORT LIMITED (MP1)
AI Coverage Rating: Moderate
ASX AI Signals has generated 1 signal(s) for MP1 during the last 90 days,
indicating Moderate trading activity
Latest MP1 Signals |
| 26/06/2026 | SELL |
MP1 Share Price |
| Current Price | $19.190 |
| 52 Week High | $21.580 |
| 52 Week Low: | $6.710 |
| Trading at (% of 52 Week High) | 88.92% |
Volume
2852442
20 Day Avg
2420703
Relative Volume
117.8%
Business Overview
Megaport Limited (ASX: MP1) is a technology company that provides on-demand, scalable cloud connectivity solutions through its global Software Defined Network (SDN). It enables businesses to easily and quickly connect to cloud service providers, data centers, and other networks across multiple regions.
ASX Sector Overview
Sector: Software & Services
The ASX Software & Services sector includes companies that develop and provide software solutions and related services. This sector covers a range of activities such as software development, IT consulting, system integration, and cloud computing services. Businesses in this sector serve various industries by offering products like enterprise software, cybersecurity, and digital platforms. The sector plays a key role in driving digital transformation and supporting technological innovation across the economy.
Latest AI Recommendation
The SELL recommendation for MEGAPORT LIMITED (MP1) is supported by technical indicators signaling downward momentum and recent negative earnings revisions. However, moderate market volatility and sector-specific growth potential temper the confidence level.
Latest MEGAPORT LIMITED(MP1) News
03 Jun 2026, 08:17 AM
June 3 (Reuters) - Australia's Megaport said on Wednesday it has secured four new AI infrastructure contracts ‌with a combined total contract value of about ‌A$458.9 million ($329.49 million), and launched a fully underwritten entitlement offer to ​raise A$827.3 million ($594 million).
The four con
30 Aug 2025, 12:33 AM
Company Logo
Growth in the global data center interconnect (DCI) market is driven by the rising demand for high-bandwidth, low-latency connections spurred by edge computing and data-heavy services. The services segment is anticipated to achieve the highest CAGR, catering to complex interconnection
16 Jul 2025, 11:01 PM
Megaport's first South Carolina deployment enhances private, high-performance cloud connectivity for the Southeast
DALLAS and BRISBANE, Australia, July 16, 2025 /PRNewswire/ -- DartPoints, a leading provider of secure, high-performance data center, cloud, and disaster recovery solutions, and Megapo
31 Jan 2024, 07:16 AM
Megaport Limited (ASX:MP1), is not the largest company out there, but it received a lot of attention from a substantial price increase on the ASX over the last few months. The company's trading levels have reached its high for the past year, following the recent bounce in the share price. As a stock
14 Jan 2024, 11:47 AM
Key Insights
Institutions' substantial holdings in Megaport implies that they have significant influence over the company's share price A total of 12 investors have a majority stake in the company with 52% ownership Ownership research along with analyst forecasts data help provide a good understand
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