Nextdc Ltd
NXT: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$84.00 | Mkt | Jsvxrnhjl |
NextDC's Sees Wall of Demand Coming From AI
Business Strategy and Outlook
NextDC has a big opportunity in front of it, with ample room to increase its data center footprint within Australia and the Asia-Pacific region, and reap the financial benefits that its larger scale should provide. The firm is already a primary provider of cloud on ramps to the biggest global cloud providers, and we expect the firm’s importance for cloud connectivity in Australia to grow.