🟢 Megaport is trading 19% up today after signing A$978.6 million in AI contracts

Megaport is trading at A$22.44, up 19.05%, after signing three AI infrastructure contracts worth A$978.6 million.

• Reuters reported on September 29, 2026, that the contracts are expected to contribute about A$232.4 million in annual recurring revenue.
• Megaport raised its FY27 revenue forecast to A$720–810 million and its EBITDA margin outlook to 42%–44%, from 38%–40% previously.