Market Chatter: NEXTDC's Higher Contracted Utilization Creates Upside to Consensus Fiscal Year 2028 EBITDA Forecasts, Citi Says

MT Newswires Live

Jul 21

NEXTDC's (ASX:NXT) latest 73-megawatt increase to its contracted utilization represents upside to consensus forecasts for fiscal 2028 earnings before interest, taxes, depreciation, and amortization (EBITDA), Citi said in a note, the Australian Financial Review reported Tuesday.

Citi analyst Siraj Ahmed believes the added capacity could bring about AU$115 million in annual EBITDA at AU$1.6 million per megawatt, according to the report.

The equity research firm maintained its buy rating on NEXTDC with a price target of AU$19.10, AFR reported.

The company's shares advanced 5% in recent Tuesday trade.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2653228422"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2653228422\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2653228422?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-21 11:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653228422","market":"us","top_or_hot":-1,"title":"Market Chatter: NEXTDC's Higher Contracted Utilization Creates Upside to Consensus Fiscal Year 2028 EBITDA Forecasts, Citi Says","media":"MT Newswires Live","content":"<html><body><p> NEXTDC's (ASX:NXT) latest 73-megawatt increase to its contracted utilization represents upside to consensus forecasts for fiscal 2028 earnings before interest, taxes, depreciation, and amortization (EBITDA), Citi said in a note, the Australian Financial Review reported Tuesday.</p><p>Citi analyst Siraj Ahmed believes the added capacity could bring about AU$115 million in annual EBITDA at AU$1.6 million per megawatt, according to the report.</p><p>The equity research firm maintained its buy rating on NEXTDC with a price target of AU$19.10, AFR reported.</p><p>The company's shares advanced 5% in recent Tuesday trade.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: NEXTDC's Higher Contracted Utilization Creates Upside to Consensus Fiscal Year 2028 EBITDA Forecasts, Citi Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: NEXTDC's Higher Contracted Utilization Creates Upside to Consensus Fiscal Year 2028 EBITDA Forecasts, Citi Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-21 11:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> NEXTDC's (ASX:NXT) latest 73-megawatt increase to its contracted utilization represents upside to consensus forecasts for fiscal 2028 earnings before interest, taxes, depreciation, and amortization (EBITDA), Citi said in a note, the Australian Financial Review reported Tuesday.</p><p>Citi analyst Siraj Ahmed believes the added capacity could bring about AU$115 million in annual EBITDA at AU$1.6 million per megawatt, according to the report.</p><p>The equity research firm maintained its buy rating on NEXTDC with a price target of AU$19.10, AFR reported.</p><p>The company's shares advanced 5% in recent Tuesday trade.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NXT.AU","symbol_name":"NEXTDC LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2653228422","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653228422","pubTimestamp":1784604027,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"NEXTDC's  latest 73-megawatt increase to its contracted utilization represents upside to consensus forecasts for fiscal 2028 earnings before interest, taxes, depreciation, and amortization , Citi said in a note, the Australian Financial Review reported Tuesday.Citi analyst Siraj Ahmed believes the added capacity could bring about AU$115 million in annual EBITDA at AU$1.6 million per megawatt, according to the report.The equity research firm maintained its buy rating on NEXTDC with a price target of AU$19.10, AFR reported.The company's shares advanced 5% in recent Tuesday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NXT.AU":"NEXTDC LTD","BK7043":"互联网服务与基础架构","BK7503":"科技股"},"translate_title":"市场传闻：花旗表示，NEXTDC 较高的合同利用率为 2028 财年 EBITDA 共识预测创造了上行空间","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NXT.AU":1},"content_text":"NEXTDC's (ASX:NXT) latest 73-megawatt increase to its contracted utilization represents upside to consensus forecasts for fiscal 2028 earnings before interest, taxes, depreciation, and amortization (EBITDA), Citi said in a note, the Australian Financial Review reported Tuesday.Citi analyst Siraj Ahmed believes the added capacity could bring about AU$115 million in annual EBITDA at AU$1.6 million per megawatt, according to the report.The equity research firm maintained its buy rating on NEXTDC with a price target of AU$19.10, AFR reported.The company's shares advanced 5% in recent Tuesday trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","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":false,"need_login_tip":false,"code":"91000000","status":"200"}}}