2328 GMT - Superloop's bull at Macquarie thinks that the Australian broadband provider could outline some longer-term targets at its investor day next month. A note from one of the investment bank's analysts points out that Superloop's chief financial officer already publicly mentioned the potential for the challenger to double its market share over the next three to five years. Achieving this target could generate 50% upside to Macquarie's current FY 2030 profit forecast, the note says. The analyst adds that Superloop's pricing means it could pass on network access cost increases to its customers and still be cheaper than market leader Telstra. Macquarie keeps an outperform rating and A$3.50 target price on the stock, which is at A$3.47 ahead of the open. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

May 25, 2026 19:28 ET (23:28 GMT)

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