Australia's Megaport rises on FY26 forecast upgrade, upbeat HY revenue

Megaport

20/02/2026 01:00

** Shares of Megaport MP1.AX rise as much as 9.4% to A$9.91, on track for best session since November 21, 2025

** Stock hits highest level since February 6

** Network-as-a-service provider reports half-year revenue of A$134.9 million ($95.13 million), compared with A$106.8 million last year

** Upgrades FY26 consolidated group guidance for revenue to A$302 million-A$317 million from A$260 million-A$270 million

** Also raises EBITDA estimate to 21%-24% of revenue

** Stock down 13.8% YTD, including the session's moves

($1 = 1.4180 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))