Megaport Limited
MP1.AX · ASX
Market closed18.23-1.69 (-8.48%)
Key statistics
Previous close19.92
Open18.23
Day high19.87
Day low18.23
52-week high22.22
52-week low6.40
Market cap3.23B
Volume786.79K
Average volume1.90M
P/E ratio-143.15
Forward P/E—
EPS-0.13
Dividend yield0.00%
Market context
Why it moved
Megaport (MP1.AX) dropped sharply as a broader AI-related equity correction on Wall Street transmitted negative sentiment to ASX-listed technology infrastructure names, with stock-specific factors compounding the sector-wide selling pressure on the network-as-a-service provider.
What is happening
Recent company-specific developments and publisher coverage.
Moomoo · July 14, 2026Megaport Price Target Raised 14% to A$24.00/Share by MorgansThe Globe and Mail · June 18, 2026Citigroup Entities Exit Substantial Holder Status in MegaportBusiness Wire · June 3, 2026Megaport Launches Storage, Unifying Its Automated Infrastructure Platform Alongside Compute and Network OfferingsReuters · June 2, 2026Megaport secures 4 AI deals, to raise $594 million to build inference cloudPV Tech · January 29, 2026Australian startup WinDC hopes to turn solar curtailment into AI gold with Megaport network deal Mt Newswire · July 2, 2026Update: Megaport Completes AU$308 Million Retail Entitlement Offer; Shares Fall 7% Mt Newswire · July 2, 2026Megaport Completes AU$308 Million Retail Entitlement Offer Mt Newswire · June 30, 2026FortifAI's Nol8 AI Data Plane Listed on Megaport AI Exchange Service Mt Newswire · June 18, 2026Megaport to Win its Share of GPU as a Service Demand on Competitive Advantage, Jefferies Says Mt Newswire · June 12, 2026Megaport Says JPMorgan Ceases to be Substantial Holder Mt Newswire · June 10, 2026Megaport Opens AU$309 Million Retail Component of Entitlement Offer at AU$14.30 Per Share Mt Newswire · June 10, 2026Morgans Financial Downgrades Megaport to Accumulate from Buy; Price Target is AU$21 Mt Newswire · June 5, 2026Update: Megaport Completes Institutional Component of Over AU$827 Million Entitlement Offer, Shares Up 7%