Nextdc Ltd
NXT: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.QL | LOCK|TW | LOCK|%Fd!^x |
NextDC Earnings: AI-Driven Growth Increases; Uncertainty Raised to High
NextDC reported first-half 2026 net revenue growth of 13%. Billing utilization increased 29% to 120 megawatts, which management guides to increase 2.7 times by fiscal 2027 and 3.4 times by fiscal 2028 based on the existing forward order book, given faster conversion rates for AI contracts.
