Articles On Megaport (ASX:MP1)

The S&P/ASX 200 Index (ASX: XJO) is taking a bit of a hammering so far this Monday. At the time of writing, the ASX 200 is down by a disappointing 0.97% at just over 7,000 points. But ASX tech shares are once again faring far worse. Th...

If you’re a fan of growth shares, then you may want to look closely at the three shares listed below. Here’s why these could be growth shares to buy: Adore Beauty Group Limited (ASX: ABY) The first ASX growth share to look at is Adore Be...

If you’re a fan of tech shares, then you may want to look at the two listed below. Here’s why these tech shares have been rated as buys: Altium Limited (ASX: ALU) The first ASX tech share to look at is Altium. It is a printed circuit boa...

If you have room for a new growth share or two in your portfolio in March, then you could do a lot worse than the highly rated shares listed below. Here’s what you need to know about these growing companies: Megaport Ltd (ASX: MP1) Megapor...

The Appen (ASX: APX) share price has been struggling this year amid a tough time for ASX tech shares. Appen shares have fallen 27% since market open on 4 January. Appen shares finished Tuesday’s session at $8.14. Let’s take a look at what...

If you’re a fan of growth shares, then you may want to look closely at the two shares listed below. Here’s why these could be growth shares to buy: Altium Limited (ASX: ALU) The first growth share for investors to consider buying is Alti...

For many ASX investors, much of their excitement of the stock market comes from picking a winning growth share and (hopefully) watching it do its thing. But have ASX growth shares had their moment? One expert is going against the grain to...

The S&P/ASX 200 Index (ASX: XJO) officially fell into correction territory late last month after tumbling more than 10% in the first few weeks of 2022. And the stocks hit hardest? Tech shares. The S&P/ASX 200 Info Tech Index (ASX:...

Goldman Sachs has been busy running the rule over some recent results and has picked out a couple of ASX 200 shares it thinks investors should be buying. Here are the two ASX 200 shares the broker rates very highly: IDP Education Ltd (ASX...

Technology stocks have been hit especially hard in the past couple of months as fears of rising interest rates paralyse the market. The S&P/ASX All Technology Index (ASX: XTX) has lost more than 23% since November, with pretty much all...

Brokers have identified some of the leading ASX growth shares that look like opportunities. Share prices are always changing. But sometimes an improved business performance or a change in the valuation can make a stock look like a much mor...

ASX tech shares showed signs of recovery today, outperforming the broader S&P/ASX 200 Index (ASX: XJO). The S&P/ASX All Technology Index (ASX: XTX) climbed 0.89%, while the S&P/ASX 200 Info Tech Index (ASX: XIJ) jumped 0.97%....

The ASX 200 managed to regain some early losses, and closed the day just 0.40% lower. The Energy sector shed almost 3%, as investors locked in profits after the XEJ index hit a one-year peak yesterday. This comes as oil prices rose another...

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

Highlights The ASX 200 dropped ~1%, down 71.2 points to 7,217.3 as higher than expected US inflation numbers shook Wall Street and markets globally. Miners advanced on the local benchmark index. It continues to be a volatile week for...

A strong week for Australian shares ended on a sour note after a revival of last month’s US rates panic lowered growth stocks and other rate-sensitive sectors. The S&P/ASX 200 shed 71 points or 0.98 per cent this afternoon following...

It has been another busy week for Australia’s top brokers. This has led to the release of a large number of broker notes. Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think these...

Friday is proving to be a rough day for S&P/ASX 200 Index (ASX: XJO) technology shares as they weigh heavily on the broader market. In fact, at the time of writing, tech and buy now, pay later (BNPL) shares are among the ASX 200’s wors...

  Highlights The ASX 200 opened lower on Friday, tracking weak cues from Wall Street. The benchmark index opened 0.7% lower to 7237.9 points. In the overnight trade, Wall Street tanked following inflation data. The Australian sha...

World Overnight SPI Overnight 7133.00 – 50.00 – 0.70% S&P ASX 200 7288.50 + 20.20 0.28% S&P500 4504.08 – 83.10 – 1.81% Nasdaq Comp 14185.64 – 304.73 – 2.10% DJIA 35241.59 – 526.47 – 1.47% S&P500 VIX 23.91 + 3.95 19...

Given Megaport Limited (ASX:MP1) released its Q2 last month, much of the 1H22 result was known. Additional data points are a net positive with the significant investment in VME and channel (costs layered into 1H22) should drive an accelerat...

Today, the S&P/ASX 200 Index (ASX: XJO) notched up its third consecutive day of gains. At the end of the session, the benchmark index finished 0.28% higher at 7,288.5 points. The earnings surprises to the upside outweighed the company...

Highlights The Australian share market ended higher for a third straight session, extending its rebound from the heavy sell-off during late January. Anticipation continues in the markets as the US is expected to provide inflation updat...

ShareCafeMP1 – UBS rates the stock as Buy Following pre-announced 1H results, UBS is extremely upbeat on Megaport’s prospects and expects early signs of an uplift in the third and fourth quarters before an acceleration in FY23. Industry fee...

The share market eked out a third day of gains but finished well off its high as US equity futures retreated ahead of inflation data. The S&P/ASX 200 closed 20 points or 0.28 per cent ahead after earlier rising 68 points to a two-and...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on track to record another gain. At the time of writing, the benchmark index is up 0.25% to 7,286.2 points. Four ASX shares that are climbing more than most today are listed below....

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Shares in Megaport Ltd (ASX: MP1) are charging higher in afternoon trade and now sit 7.8% up at $14.67 apiece. Investors are piling into Megaport as momentum spills over from the tech player’s half-yearly results released yesterday. Now...

The ASX rose for a third day as a recovery in tech stocks accelerated. Strengthening commodity prices and an upbeat trading update from NAB lifted mining and some bank stocks. The S&P/ASX 200 trimmed a 68-point opening surge to 12.5...

At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) is on course to extend its winning run. The benchmark index is currently up 0.3% to 7,290.4 points. Here’s what is happening on the ASX 200 today: NAB Q1 update impresses The Natio...

Highlights The benchmark ASX 200 traded 0.72% or 52.5 points higher at 7,314.3 in the first 15 minutes of opening. Global stocks ended higher on Wednesday, with Wall Street rallying again, supported by tech giants. The information tec...

ASX tech shares have been punished in the last two months amid a wide sell-off in high-growth stocks. While investors have thrown support behind the ASX tech sector this week, it remains downbeat for the year. The S&P/ASX All Technolog...

The ASX 200 closed above 7200 for the first time in almost three weeks as a powerhouse half-year result from CBA lifted battered bank stocks. The Australian benchmark rallied 81 points or 1.13 per cent to 7268, its strongest finish since...

09 Feb 2022 - Megaport's (ASX:MP1) revenue grew 42% over the half year to $51.2 million, driven by increased usage of services with 170 new customers added.

The Megaport Ltd (ASX: MP1) share price will be on watch today after announcing a 42% increase in first-half revenue for FY22. Currently, the Megaport share price is up 1.28% to $13.42. ARR exceeds critical $100 million mark Key results fro...

The Megaport Ltd (ASX: MP1) share price is climbing into the green today after the company reported its H1FY22 financial results. The ASX 200 technology share is currently trading at $13.45, a gain of 1.51%. It marks a recovery after the c...

A profit surge at Commonwealth Bank helped lift the share market to a two-week high as investors snapped up battered bank stocks. The S&P/ASX 200 rallied 19.5 points or 0.27 per cent by mid-session. The advance put the benchmark on t...

Highlights The benchmark ASX 200 was up 0.6% or 43.2 points up to 7,243.6 in the first 15 minutes of trading. Major US stock indices ended higher on Tuesday, while European markets slipped. The financial sector gained 1.74% as investo...

Highlights Highlights Megaport reported strong growth in the first half of the financial year 2022. The firm also added 170 new customers in the ...

The current equity correction has taken a lot of the froth out of the market. But caught up in the carnage have been a number of high quality companies with years of growth ahead.  Which is why I think this could be a very good time for inv...

Many eyes will be on the Megaport Ltd (ASX: MP1) share price tomorrow as the company releases its earnings for the first half of financial year 2022. It will be the first chance the market has had to see, in detail, how the company’s ‘Scal...

If you have room for some new portfolio additions, then it could be worth considering the two ASX growth shares listed below. Analysts are very positive on these shares and have recently rated them as buys. Here’s what you need to know abo...

One professional investor is bearish on ASX tech shares, with their fund selling out of tech shares over the course of 2021 due to “frothiness” in the market. GQG Partners Inc (ASX: GQG) co-founder, chief investment officer, and chair Raji...

The stomach-churning volatility that hit our markets since the start of the year does not bode well for ASX initial public offering (IPO) hopefuls. This view was echoed by several experts who spoke with The Australian, even though they rem...

Key points The new year has seen a major sell-off for ASX tech shares But one expert thinks the ASX has withstood the worst of the sell-off She says the tech sector’s struggles might have placed some quality stocks in the bargain bin 20...

Key points The Megaport share price has dived 31% since January 4 Shareholders didn’t respond well to the company’s second-quarter update The All Technology Index has also dropped nearly 19% in a month. The Megaport Ltd (ASX: MP1) sh...

A resilient ASX weathered the worst of a tech storm on Wall Street after Facebook suffered the biggest wipe-out in US market history. The S&P/ASX 200 faded late morning to a mid-session loss of 18 points or 0.25 per cent after earlie...

Key points ASX tech shares were hammered across the board today The All Technology index fell 4.32% The Block share price dived nearly 10%. ASX tech shares plummeted today amid a disastrous day for buy now, pay later (BNPL) shares. T...

In this week's Weekly Insights:-February Looks Tricky-Conviction Calls-FNArena TalksFebruary Looks TrickyBy Rudi Filapek-Vandyck, Editor FNArena2022 is already shaping up as a much more volatile and challenging year for investors, and we're...

If you have room for some new portfolio additions, then it could be worth considering the three ASX growth shares listed below. Here’s what you need to know about these buy-rated shares: Aristocrat Leisure Limited (ASX: ALL) The first AS...