NextDC Bull Sees Demand Supporting Earnings Upside -- Market Talk

Dow Jones

Mar 09

0358 GMT - NextDC's bull at Citi reckons there is a decent chance that consensus earnings forecasts for fiscal 2027 and fiscal 2028 are too low. Analyst Siraj Ahmed tells clients in a note that market forecasts only account for the Australian data-center operator's current contracted demand backlog. They don't include potential further contract announcements, which Ahmed thinks could emerge in Melbourne. He acknowledges that NextDC needs capital to meet the stronger-than-expected demand shown in its recent contract announcements, but writes that it has flexibility to fund near-term growth through mechanisms such as subordinated notes. Citi has a last-published buy rating on the stock, which is added to its Pan-Asia focus list. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

March 08, 2026 23:58 ET (03:58 GMT)

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Analyst Siraj Ahmed tells clients in a note that market forecasts only account for the Australian data-center operator's current contracted demand backlog. They don't include potential further contract announcements, which Ahmed thinks could emerge in Melbourne. He acknowledges that NextDC needs capital to meet the stronger-than-expected demand shown in its recent contract announcements, but writes that it has flexibility to fund near-term growth through mechanisms such as subordinated notes. Citi has a last-published buy rating on the stock, which is added to its Pan-Asia focus list. 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Analyst Siraj Ahmed tells clients in a note that market forecasts only account for the Australian data-center operator's current contracted demand backlog. They don't include potential further contract announcements, which Ahmed thinks could emerge in Melbourne. He acknowledges that NextDC needs capital to meet the stronger-than-expected demand shown in its recent contract announcements, but writes that it has flexibility to fund near-term growth through mechanisms such as subordinated notes. Citi has a last-published buy rating on the stock, which is added to its Pan-Asia focus list. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 08, 2026 23:58 ET (03:58 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7503","symbol_name":"科技股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2618619916","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618619916","pubTimestamp":1773028680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0358 GMT - NextDC's bull at Citi reckons there is a decent chance that consensus earnings forecasts for fiscal 2027 and fiscal 2028 are too low. Analyst Siraj Ahmed tells clients in a note that market forecasts only account for the Australian data-center operator's current contracted demand backlog. They don't include potential further contract announcements, which Ahmed thinks could emerge in Melbourne. He acknowledges that NextDC needs capital to meet the stronger-than-expected demand shown in its recent contract announcements, but writes that it has flexibility to fund near-term growth through mechanisms such as subordinated notes. Citi has a last-published buy rating on the stock, which is added to its Pan-Asia focus list. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7503":"科技股","NXT.AU":"NEXTDC LTD","BK7043":"互联网服务与基础架构"},"translate_title":"NextDC牛市认为需求支持盈利上行——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NXT.AU":0.9},"content_text":"0358 GMT - NextDC's bull at Citi reckons there is a decent chance that consensus earnings forecasts for fiscal 2027 and fiscal 2028 are too low. Analyst Siraj Ahmed tells clients in a note that market forecasts only account for the Australian data-center operator's current contracted demand backlog. They don't include potential further contract announcements, which Ahmed thinks could emerge in Melbourne. He acknowledges that NextDC needs capital to meet the stronger-than-expected demand shown in its recent contract announcements, but writes that it has flexibility to fund near-term growth through mechanisms such as subordinated notes. Citi has a last-published buy rating on the stock, which is added to its Pan-Asia focus list. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 08, 2026 23:58 ET (03:58 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}