MEGAPORT LTD(MP1.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

MP1.AU MEGAPORT LTD

Closed 05-21 16:12:00 AEST

14.99

+0.09

+0.60%

High15.01	Low14.81	Vol365.53K
Open14.93	D1 Closing14.90	Amplitude1.34%
Mkt Cap2.39B	Tradable Cap2.24B	Total Shares159.72M
T/O5.47M	T/O Rate0.24%	Tradable Shares149.54M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

{"stockData":{"symbol":"MP1.AU","market":"AU","secType":"STK","nameCN":"MEGAPORT LTD","latestPrice":14.99,"timestamp":1716271920000,"preClose":14.9,"halted":0,"volume":365533,"delay":0,"nameEN":"MEGAPORT LTD","floatShares":149542755,"shares":159721060,"eps":0.05177,"marketStatus":"Closed","change":0.09,"latestTime":"05-21 16:12:00 AEST","open":14.93,"high":15.01,"low":14.81,"amount":5473017,"amplitude":0.013423,"askPrice":15,"askSize":28729,"bidPrice":14.94,"bidSize":500,"shortable":3,"etf":0,"ttmEps":0.05177,"tradingStatus":0,"nextMarketStatus":{"tag":"Open","tradingStatus":0,"beginTime":1716336000000},"marketStatusCode":5,"adr":0,"exchange":"ASX","adjPreClose":14.9,"openAndCloseTimeList":[[1716249600000,1716271200000]],"volumeRatio":0.630879,"lotSize":1,"tradeCurrency":"AUD"},"requestUrl":"/m/hq/s/MP1.AU/wiki","defaultTab":"wiki","newsList":[{"id":"2437746967","title":"Revenues Tell The Story For Megaport Limited (ASX:MP1)","url":"https://stock-news.laohu8.com/highlight/detail?id=2437746967","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2437746967?lang=en_us&edition=fundamental","pubTime":"2024-05-21 08:57","pubTimestamp":1716253034,"startTime":"0","endTime":"0","summary":"When you see that almost half of the companies in the IT industry in Australia have price-to-sales ratios (or \"P/S...","market":"nz","thumbnail":"https://images.simplywall.st/asset/industry/8030001-choice1-main-header/1585186837196","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/8030001-choice1-main-header/1585186837196"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://simplywall.st/stocks/au/software/asx-mp1/megaport-shares/news/revenues-tell-the-story-for-megaport-limited-asxmp1-1","is_publish_highlight":false,"gpt_icon":0},{"id":"2436163371","title":"Megaport Bull Confident That KPI Improvement Is Coming -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2436163371","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2436163371?lang=en_us&edition=fundamental","pubTime":"2024-05-20 08:37","pubTimestamp":1716165420,"startTime":"0","endTime":"0","summary":"0037 GMT - Megaport keeps its bull at Jefferies, where analyst Roger Samuel thinks it's just a matter of time until key performance indicators begin improving again. Samuel acknowledges that the Australian telco-services provider's operational metrics have been slow to ramp up following the addition of new sales staff, but sees an inflection point on the horizon, mostly likely within three or fiscal quarters. Despite increased marketing spend, Samuel is increasingly confident that Megaport has costs under control given its negotiating power with data centers and rigor in calculating sales commissions. Jefferies lifts target price 6.0% to A$17.51 and keeps a buy rating on the stock, which is up 1.5% at A$14.91. ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2434280620","title":"Buy Hold Sell: 5 growth stocks for the next 5 years","url":"https://stock-news.laohu8.com/highlight/detail?id=2434280620","media":"LiveWire","top":-1,"share":"https://ttm.financial/m/news/2434280620?lang=en_us&edition=fundamental","pubTime":"2024-05-10 04:30","pubTimestamp":1715286607,"startTime":"0","endTime":"0","summary":"Growth stocks are the bread and butter of investors who are happy to stomach typically higher prices for exceptional above-market earnings growth.These companies typically exhibit high earnings and sales growth, a unique product or service, significant market share in their industries, impressive moats, and loyal customers.Take WiseTech Global, for example, which has seen its earnings grow at a compound annual growth rate of 43% since listing on the ASX, seeing its share price lift 2,319%  over that same period.So in this episode, Livewire's Chris Conwaywas joined byDatt Capital's Emanuel Dattand OC Funds Management's Aaron Yeohfor their analysis of three quality growth stocks with stellar growth trajectories over the next five years.And as a sneak peek, there's only one stock our fundies agree on.And just because we know you love a stock pick, each of our guests shares a strong buy they are backing over that same time.Note: This episode was filmed on Monday 6 May 2024. You can watch t","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/buy-hold-sell-5-growth-stocks-for-the-next-5-years","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.livewiremarkets.com/wires/buy-hold-sell-5-growth-stocks-for-the-next-5-years","is_publish_highlight":false,"gpt_icon":0},{"id":"2434344710","title":"5 ASX shares to buy following the market selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=2434344710","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2434344710?lang=en_us&edition=fundamental","pubTime":"2024-05-09 12:00","pubTimestamp":1715227200,"startTime":"0","endTime":"0","summary":"Are you on the lookout for some ASX shares to buy this month?Well, with the market down in the dumps today, now could be a good time to pounce. But which ASX shares would be good options?","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/09/5-asx-shares-to-buy-following-the-market-weakness/","is_publish_highlight":false,"gpt_icon":0},{"id":"2434703936","title":"The opportunity in data centres explained","url":"https://stock-news.laohu8.com/highlight/detail?id=2434703936","media":"LiveWire","top":-1,"share":"https://ttm.financial/m/news/2434703936?lang=en_us&edition=fundamental","pubTime":"2024-05-09 11:24","pubTimestamp":1715225056,"startTime":"0","endTime":"0","summary":"The concept confounds many an investor, and market commentators too; from the moment the market understands there's a whole lotta growth up for grabs on the horizon, share prices move to above market-average multiples which, at face value, makes the stocks in question look 'expensive'.One such prime example from the recent past has been delivered by healthcare imaging services provider, Pro Medicus  whose share price has been trading on forward-looking multiples above 100x. But as the emerging global leader in its field added new contract after new contract, it forced analysts to regularly upgrade already bullish forecasts, with forward-valuations and price targets rising further on the back of it.In simple terms: Pro Medicus shares looked 'expensive' back in 2020, when the price crossed the $30 mark. Last week they surged above $110. And while most analysts have valuations that are well-below that price level, Macquarie believes they are being too conservative. AI and new services and","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"livewire_stock","url":"https://www.livewiremarkets.com/wires/the-opportunity-in-data-centres-explained","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.livewiremarkets.com/wires/the-opportunity-in-data-centres-explained","is_publish_highlight":false,"gpt_icon":0},{"id":"2433297994","title":"Why AGL, HMC Capital, Megaport, and Patriot Battery Metals shares are racing higher","url":"https://stock-news.laohu8.com/highlight/detail?id=2433297994","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2433297994?lang=en_us&edition=fundamental","pubTime":"2024-05-07 12:06","pubTimestamp":1715054810,"startTime":"0","endTime":"0","summary":"TheS&P/ASX 200 Index  is having a good session on Tuesday. In afternoon trade, the benchmark index is up 0.8% to 7,745.7 points.Four ASX shares that are rising more than most today are listed below. Here's why they are climbing:. The Patriot Battery Metals share price is up almost 11% to 87.5 cents. This morning, this lithium developer announced the discovery of a new high-grade zone at the CV13 spodumene pegmatite at the Corvette project in Canada. The CV13 spodumene pegmatite is located approximately 3 km west-southwest of the CV5 spodumene pegmatite, which hosts a maiden mineral resource estimate of 109.2 Mt at 1.42% Li2O inferred.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/07/why-agl-hmc-capital-megaport-and-patriot-battery-metals-shares-are-racing-higher/","is_publish_highlight":false,"gpt_icon":0},{"id":"2433544289","title":"BUZZ-Citi lowers Megaport's FY25e revenue forecast, cuts PT","url":"https://stock-news.laohu8.com/highlight/detail?id=2433544289","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2433544289?lang=en_us&edition=fundamental","pubTime":"2024-05-07 02:28","pubTimestamp":1715020097,"startTime":"0","endTime":"0","summary":"** Citi cuts Australia's Megaport's    target price by 4% to A$16.05 as the brokerage lowers its FY25e revenue forecast by 3% to A$235 mln     ** Brokerage also lowers FY25e EBITDA forecast by 6%, citing softer-than-expected Q3   ** Citi, however, retains \"buy\" rating as it expects co to benefit from structural drivers of hybrid and multicloud    ** Nine of 14 analysts rate the stock \"buy\" or higher, five \"hold\" and none \"sell\" or lower; their median PT is A$15.20 – LSEG data   ** Stock has risen over 50% YTD ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2433641604","title":"Here are the top 10 ASX 200 shares today","url":"https://stock-news.laohu8.com/highlight/detail?id=2433641604","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2433641604?lang=en_us&edition=fundamental","pubTime":"2024-05-06 14:54","pubTimestamp":1714978499,"startTime":"0","endTime":"0","summary":"It was a great start to the trading week for the S&P/ASX 200 Index (ASX: XJO) this Monday, adding to the optimism ASX investors were feeling at the conclusion of last week's trading. By the close of t","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/06/here-are-the-top-10-asx-200-shares-today-404/","is_publish_highlight":false,"gpt_icon":0},{"id":"2433452848","title":"4 ASX shares exposed to the 'largest technological change ever seen'","url":"https://stock-news.laohu8.com/highlight/detail?id=2433452848","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2433452848?lang=en_us&edition=fundamental","pubTime":"2024-05-06 06:52","pubTimestamp":1714949566,"startTime":"0","endTime":"0","summary":"Wilson Asset Management lead portfolio manager Oscar Oberg says the \"transformative power\" of artificial intelligence (AI) presents compelling investment opportunities involving many ASX shares. From ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/05/06/4-asx-shares-exposed-to-the-largest-technological-change-ever-seen/","is_publish_highlight":false,"gpt_icon":0},{"id":"2433939994","title":"At AU$13.55, Is Megaport Limited (ASX:MP1) Worth Looking At Closely?","url":"https://stock-news.laohu8.com/highlight/detail?id=2433939994","media":"Simply Wall St.","top":-1,"share":"https://ttm.financial/m/news/2433939994?lang=en_us&edition=fundamental","pubTime":"2024-05-06 06:40","pubTimestamp":1714948823,"startTime":"0","endTime":"0","summary":"While Megaport Limited ( ASX:MP1 ) might not have the largest market cap around , it led the ASX gainers with a...","market":"hk","thumbnail":"https://images.simplywall.st/asset/industry/8030001-choice1-main-header/1585186837196","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/8030001-choice1-main-header/1585186837196"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://simplywall.st/stocks/au/software/asx-mp1/megaport-shares/news/at-au1355-is-megaport-limited-asxmp1-worth-looking-at-closel","is_publish_highlight":false,"gpt_icon":0},{"id":"2431801401","title":"Megaport's Shift to Higher-Value Products Is Encouraging -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2431801401","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2431801401?lang=en_us&edition=fundamental","pubTime":"2024-04-30 09:25","pubTimestamp":1714440300,"startTime":"0","endTime":"0","summary":"0124 GMT - Megaport's shift toward higher-value products and partnership announcements is encouraging Macquarie analysts as they await improvement in several of the Australian communications-services provider's performance metrics. They stay bullish on the stock, pointing out in a note that the company should easily make its FY 2024 revenue guidance. Expected improvements including in new customer additions and total services have been pushed back, but Macquarie's analysts remind clients that Megaport's sales staff are incentivized on annualized recurring revenue, rather than volumes. The size of the revenue opportunity remains significant, they add. Macquarie raises the stock's target price 1.7% to A$18.30. Shares are down 4.2% at A$13.51. ","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2431986879","title":"Megaport Should Show KPI Progress Over Near Term -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2431986879","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2431986879?lang=en_us&edition=fundamental","pubTime":"2024-04-30 07:22","pubTimestamp":1714432920,"startTime":"0","endTime":"0","summary":"2322 GMT - Megaport's management has reacted to disappointing 3Q key performance indicators and improvement is now likely in the subsequent two quarters, Jefferies analyst Roger Samuel writes in a note. He doesn't seem worried by the Australian tech provider's disappointing 3Q growth in ports and new customer logos, telling clients that the company's new sales team need more time to ramp up delivery. Megaport now has eight sales staff in North America, he notes. He adds that management's focus on higher-value contracts should lift annualized recurring revenue growth, which has slowed to 4% on-year. Jefferies has a buy rating and A$16.52 target price on the stock, which is at A$14.10 ahead of the open. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2431396209","title":"Aussie tech leader reports earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2431396209","media":"Morning Star AU","top":-1,"share":"https://ttm.financial/m/news/2431396209?lang=en_us&edition=fundamental","pubTime":"2024-04-30 00:00","pubTimestamp":1714406400,"startTime":"0","endTime":"0","summary":"In its third-quarter sales update, no-moat Megaport (ASX: MP1) reported its fourth consecutive quarter of positive cash flow and eighth quarter of positive adjusted earnings before interest, taxes, de","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"morningstar_stock","url":"https://www.morningstar.com.au/insights/stocks/248832/aussie-tech-leader-reports-earnings","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.morningstar.com.au/insights/stocks/248832/aussie-tech-leader-reports-earnings","is_publish_highlight":false,"gpt_icon":0},{"id":"2431024021","title":"Why Betmakers, Brainchip, Core Lithium, and Megaport shares are sinking today","url":"https://stock-news.laohu8.com/highlight/detail?id=2431024021","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2431024021?lang=en_us&edition=fundamental","pubTime":"2024-04-29 11:32","pubTimestamp":1714361571,"startTime":"0","endTime":"0","summary":"In afternoon trade, theS&P/ASX 200 Index (ASX: XJO) is back on form and pushing higher. At the time of writing, the benchmark index is up 0.7% to 7,627 points. Four ASX shares that have failed to foll","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/04/29/why-betmakers-brainchip-core-lithium-and-megaport-shares-are-sinking-today/","is_publish_highlight":false,"gpt_icon":0},{"id":"2431049414","title":"BRIEF-Megaport Ltd Says Expect FY24 Revenue To Be In Range Of A$190M To A$195M","url":"https://stock-news.laohu8.com/highlight/detail?id=2431049414","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2431049414?lang=en_us&edition=fundamental","pubTime":"2024-04-29 09:35","pubTimestamp":1714354520,"startTime":"0","endTime":"0","summary":"April 29  - Megaport Ltd   :   * EXPECTS FY24 REVENUE TO BE IN RANGE OF A$190M TO A$195M   * CONFIRMS IT EXPECTS FY24 REVENUE TO BE IN RANGE OF A$190M TO A$195M IN FY24   * FY24 CAPITAL EXPENDITURE GUIDANCE OF A$20M TO A$22M IS ALSO CONFIRMED   * UPGRADES FY24 EBITDA TO BE IN RANGE OF A$56M TO A$58MFurther company coverage:    ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2431178046","title":"BUZZ-Australia's Megaport slumps on weaker-than-expected forecasts","url":"https://stock-news.laohu8.com/highlight/detail?id=2431178046","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2431178046?lang=en_us&edition=fundamental","pubTime":"2024-04-29 09:22","pubTimestamp":1714353745,"startTime":"0","endTime":"0","summary":"** Shares of network infrastructure operator Megaport Ltd  fall as much as 7.8% to A$13.170, marking their biggest intraday drop since Oct. 26, 2023   ** MP1 trading 6.9% lower at A$13.32 as of 0025 GMT, hits lowest level since Feb. 21   ** MP1 worst performer in the ASX 200 benchmark index   ** Co upgrades FY24 EBITDA forecast to between A$56 mln  and A$58 mln from A$51 mln-A$57 mln   ** Expects FY24 revenue between A$190 mln and A$195 mln, up from last year's A$153.1 mln   ** Citi says revenue and EBITDA guidance \"conservative\"   ** MP1's 3Q ARR of A$199 mln is below Citi forecast of A$200 mln   ** MP1 up 55.3% this year, as of last close ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2431004342","title":"Megaport's 3Q KPIs May Hint at Customer Churn -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2431004342","media":"Dow Jones","top":-1,"share":"https://ttm.financial/m/news/2431004342?lang=en_us&edition=fundamental","pubTime":"2024-04-29 08:50","pubTimestamp":1714351800,"startTime":"0","endTime":"0","summary":"0049 GMT - Megaport's soft 3Q customer numbers could suggest a degree of churn, according to Citi analyst Siraj Ahmed. The Australian communication tech provider's net addition of 12 customers in the March quarter was well short of the 50 expected by Ahmed, and lagged even the 39 added across the previous three months. A total of 681 net service additions compared with Ahmed's forecast of 815, primarily due to port additions being almost 60% weaker than he had expected. Nonetheless, Ahmed tells clients that free cash flow was stronger than he had anticipated, and he thinks that Megaport's upgraded guidance will still prove to be conservative given currency moves. Citi has a buy rating and A$16.80 target price on the stock, which is up 0.7% at A$3.585. ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"gpt_icon":0},{"id":"2431048261","title":"Megaport share price sinks 8% despite juiced-up growth forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2431048261","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2431048261?lang=en_us&edition=fundamental","pubTime":"2024-04-29 08:24","pubTimestamp":1714350260,"startTime":"0","endTime":"0","summary":"The Megaport Ltd  share price is under pressure on Monday morning. At the time of writing, the leading network as a service  solutions provider's shares are down 8% to $13.17. Why is the Megaport share price sinking?","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/04/29/megaport-share-price-sinks-8-despite-juiced-up-growth-forecast/","is_publish_highlight":false,"gpt_icon":0},{"id":"2429935134","title":"BUZZ-Australia's Megaport gains as Citi raises PT on global sale of connectivity solutions","url":"https://stock-news.laohu8.com/highlight/detail?id=2429935134","media":"Reuters","top":-1,"share":"https://ttm.financial/m/news/2429935134?lang=en_us&edition=fundamental","pubTime":"2024-04-23 12:17","pubTimestamp":1713845875,"startTime":"0","endTime":"0","summary":"** Shares of Australian cloud network service provider Megaport    rise as much as 2.2% at A$14.43   ** Analysts at Citi raise price target on Australia's Megaport to A$16.80 from A$14.12    ** Brokerage forecasts 3Q24 annual recurring revenue of A$200 million, up 20% year-on-year and up 5% on a quarter-on-quarter basis   **  Citi notes Megaport focusing on selling connectivity solutions  to larger enterprise customers, combined with FX tailwind; maintains \"Buy\" rating   ** Nine of 14 analysts rate the stock \"buy\" or higher and five \"hold\"; their median PT is A$15.00 – LSEG data   ** Stock up 56.2% this year, as of last close ","market":null,"thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"gpt_icon":0},{"id":"2429952137","title":"How I'd use ASX growth shares to turn $1,000 into $10,000","url":"https://stock-news.laohu8.com/highlight/detail?id=2429952137","media":"MotleyFool","top":-1,"share":"https://ttm.financial/m/news/2429952137?lang=en_us&edition=fundamental","pubTime":"2024-04-22 06:56","pubTimestamp":1713740190,"startTime":"0","endTime":"0","summary":"While the journey from $1,000 to $10,000 may seem formidable, focusing on high-potential ASX growth shares could be the key.  In this article, we'll explore three ASX growth stocks that I think have t","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.fool.com.au/2024/04/22/how-id-use-asx-growth-shares-to-turn-1000-into-10000/","is_publish_highlight":false,"gpt_icon":0}],"profile":{"websiteUrl":"http://www.megaport.com","stockEarnings":[{"period":"1week","weight":0.0326},{"period":"1month","weight":0.0964},{"period":"3month","weight":0.0813},{"period":"6month","weight":0.4466},{"period":"1year","weight":1.7091},{"period":"ytd","weight":0.6196}],"compareEarnings":[{"period":"1week","weight":0.0016},{"period":"1month","weight":0.0615},{"period":"3month","weight":0.0878},{"period":"6month","weight":0.1314},{"period":"1year","weight":0.1436},{"period":"ytd","weight":0.1212}],"compareStock":{"symbol":"F100.AU","name":"BETASHARES FTSE 100 ETF"},"description":"Megaport Limited provides elastic interconnection services to the enterprises and service providers in Australia, the Asia-Pacific, North America, and Europe. The company operates a platform that enables customers to connect their network to other services. It also offers Internet exchange services. The company was founded in 2013 and is headquartered in Fortitude Valley, Australia.","yearOnYearQuotes":[{"month":1,"riseRate":0.444444,"avgChangeRate":-0.023889},{"month":2,"riseRate":0.222222,"avgChangeRate":-0.078497},{"month":3,"riseRate":0.555556,"avgChangeRate":0.059852},{"month":4,"riseRate":0.888889,"avgChangeRate":0.073065},{"month":5,"riseRate":0.625,"avgChangeRate":0.016979},{"month":6,"riseRate":0.75,"avgChangeRate":0.183647},{"month":7,"riseRate":0.75,"avgChangeRate":0.067147},{"month":8,"riseRate":0.375,"avgChangeRate":-0.005503},{"month":9,"riseRate":0.375,"avgChangeRate":-0.051444},{"month":10,"riseRate":0.75,"avgChangeRate":0.079515},{"month":11,"riseRate":0.375,"avgChangeRate":0.009576},{"month":12,"riseRate":0.555556,"avgChangeRate":0.042715}],"exchange":"ASX","name":"MEGAPORT LTD","nameEN":"MEGAPORT LTD"},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"pagemeta":{"title":"MEGAPORT LTD(MP1.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","description":"Find the latest MEGAPORT LTD(MP1.AU) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","keywords":"MEGAPORT LTD,MP1.AU,MEGAPORT LTD股票,MEGAPORT LTD股票老虎,MEGAPORT LTD股票老虎国际,MEGAPORT LTD行情,MEGAPORT LTD股票行情,MEGAPORT LTD股价,MEGAPORT LTD股市,MEGAPORT LTD股票价格,MEGAPORT LTD股票交易,MEGAPORT LTD股票购买,MEGAPORT LTD股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"MEGAPORT LTD(MP1.AU),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","og_description":"Find the latest MEGAPORT LTD(MP1.AU) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","og_image":"https://community-static.tradeup.com/news/9b6dafd60190235ae8e2c95f52c583a0"}}}

Introduction