Morningstar notes Superloop's stock surge as investors pay up for earnings trajectory

Superloop

31/03/2026 20:50

** Morningstar notes share price surge in Australia's Superloop SLC.AX, says strong results are key driver of share price gain

** Telecom firm has risen around 35% since swinging to half-year profit on Feb. 18

** "Investors are also paying up for Superloop's impressive earnings trajectory" — Morningstar

** Adds, strong result is seemingly accompanied by new avenue for growth

** Research & investment firm stays neutral on co's buy of Lightning Broadband

** Hikes EBITDA forecast for co for fiscal 2027 by 8% to A$145 million

** Seven of eight analysts rate the stock "buy" or higher, one "hold"; their median PT is A$3.50 — LSEG data

** Stock up over 25% this year, as of last close

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))