Megaport Ltd (ASX: MP1) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
-
1 Year Return
Megaport Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.Share Price
Day Change
52 Week Range
-
Yesterday's Close
Today's Open
Days Range
-
Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Megaport Ltd (ASX: MP1)
Latest News
Share Gainers
3 ASX 200 stocks leaping higher in this week's slumping market
Growth Shares
3 ASX 300 shares that could be much bigger in 5 years
Cheap Shares
Down 50%, but could these top ASX tech stocks double from here?
Growth Shares
Where to invest $10,000 in ASX shares in April
Broker Notes
Leading brokers name 3 ASX shares to buy today
52-Week Lows
Down 43% this year, this ASX tech stock is now back at January 2025 levels
Cheap Shares
3 beaten-down ASX shares that I think could rebound strongly
Growth Shares
3 ASX shares tipped to grow 100% or more in the next 12 months
Technology Shares
2 ASX 200 tech shares this fund manager backs to survive the AI threat
Growth Shares
3 amazing ASX growth shares I'd buy and hold for the next decade
Growth Shares
2 ASX stocks that could help turn $10,000 into $1 million
ASX Share Market News
Bullish on artificial intelligence? Here are 3 ASX shares I'd buy
Frequently Asked Questions
-
No, Megaport does not pay dividends at this time.
-
Megaport Ltd listed on the ASX on 17 December 2015.
MP1 ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Megaport Ltd
Megaport Ltd (ASX: MP1) is a global network-as-a-service and infrastructure platform provider that allows customers to connect between more than 1,100 data centres across 31 countries. The majority of its customer connections are to major cloud service providers, including AWS, Microsoft Azure, and Google Cloud Platform.
The company touts its flexibility in allowing its customers to connect to multiple applications and geographic locations almost instantaneously without the need for long-term contracts. Megaport expanded into AI compute infrastructure in late 2025 through the acquisition of Latitude.sh, adding on-demand and contracted GPU cloud services to its platform.
The company is divided into three network segments: the Americas, Asia-Pacific, and Europe/the Middle East/Africa, alongside its growing Compute division.
MP1 Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 13 Oct 2026 | $17.73 | $-1.95 | -9.91% | 2,808,762 | $19.90 | $19.92 | $17.62 |
| 12 Oct 2026 | $19.68 | $0.90 | 4.79% | 1,243,132 | $19.24 | $19.99 | $19.16 |
| 09 Oct 2026 | $18.78 | $-0.60 | -3.10% | 1,675,698 | $18.92 | $19.65 | $18.60 |
| 08 Oct 2026 | $19.38 | $-1.69 | -8.02% | 1,915,047 | $20.69 | $20.84 | $19.23 |
| 07 Oct 2026 | $21.07 | $0.06 | 0.29% | 1,829,842 | $21.30 | $21.63 | $20.77 |
| 06 Oct 2026 | $21.01 | $-1.27 | -5.70% | 1,509,121 | $22.40 | $22.49 | $20.95 |
| 05 Oct 2026 | $22.28 | $-0.06 | -0.27% | 1,125,936 | $22.25 | $23.20 | $22.03 |
| 02 Oct 2026 | $22.34 | $2.09 | 10.32% | 2,302,716 | $20.85 | $22.34 | $20.55 |
| 01 Oct 2026 | $20.25 | $-0.40 | -1.94% | 2,722,947 | $20.40 | $20.59 | $19.51 |
| 30 Sep 2026 | $20.65 | $0.02 | 0.10% | 3,048,572 | $21.05 | $21.38 | $20.23 |
| 29 Sep 2026 | $20.63 | $1.78 | 9.44% | 4,084,493 | $21.54 | $22.72 | $20.05 |
| 28 Sep 2026 | $18.85 | $-0.77 | -3.92% | 1,607,602 | $19.49 | $19.73 | $18.51 |
| 25 Sep 2026 | $19.62 | $0.00 | 0.00% | 1,101,908 | $19.69 | $19.77 | $18.92 |
| 24 Sep 2026 | $19.62 | $-0.29 | -1.46% | 994,575 | $19.42 | $19.87 | $19.06 |
| 23 Sep 2026 | $19.91 | $0.25 | 1.27% | 787,869 | $19.50 | $20.01 | $19.42 |
| 22 Sep 2026 | $19.66 | $0.81 | 4.30% | 1,723,410 | $19.37 | $19.92 | $19.16 |
| 21 Sep 2026 | $18.85 | $0.31 | 1.67% | 1,090,355 | $18.18 | $19.09 | $18.01 |
| 18 Sep 2026 | $18.54 | $1.31 | 7.60% | 2,303,209 | $17.54 | $18.91 | $17.52 |
| 17 Sep 2026 | $17.23 | $0.31 | 1.83% | 1,435,438 | $16.92 | $17.48 | $16.79 |
| 16 Sep 2026 | $16.92 | $0.13 | 0.77% | 1,177,977 | $16.81 | $17.06 | $16.20 |
| 15 Sep 2026 | $16.79 | $0.44 | 2.69% | 1,427,403 | $17.09 | $17.24 | $16.43 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 01 Oct 2026 | Jonathan(Jon) Gidney | Buy | 4,971 | $99,702 |
On-market trade.
|
| 30 Sep 2026 | Michael Reid | Sell | 335,341 | $6,917,529 |
On-market trade.
|
| 03 Sep 2026 | Michael Reid | Expiry | 24,069 | $392,806 |
As advised by the company. 24,069 PRSUs lapsed, 1,624,600 PRSUs
|
| 06 Jul 2026 | Melinda Snowden | Issued | 7,248 | $103,646 |
Rights issue.
|
| 05 Mar 2026 | Jay Adelson | Sell | 651 | $5,106 |
On-market trade.
|
| 04 Mar 2026 | Jay Adelson | Buy | 1,626 | $25,000 |
Conversion of securities.
|
| 04 Mar 2026 | Jay Adelson | Exercise | 1,626 | $25,000 |
Conversion of securities.
|
| 24 Feb 2026 | Michael Reid | Exercise | 112,739 | $832,013 |
Conversion of securities. 1,648,669 PRSUs
|
| 24 Feb 2026 | Michael Reid | Buy | 112,739 | $832,013 |
Conversion of securities.
|
| 11 Dec 2025 | Melinda Snowden | Buy | 2,297 | $29,998 |
Participation in share purchase plan.
|
| 03 Dec 2025 | Melinda Snowden | Issued | 2,009 | $26,076 |
Issue of securities.
|
| 03 Dec 2025 | Jay Adelson | Issued | 1,626 | $21,105 |
Issue of securities. 1,626 RSUs
|
| 03 Dec 2025 | Jay Adelson | Issued | 2,009 | $26,076 |
Issue of securities.
|
| 03 Dec 2025 | Glo Gordon | Issued | 2,009 | $26,076 |
Issue of securities.
|
| 03 Dec 2025 | Michael Klayko | Issued | 2,009 | $26,076 |
Issue of securities.
|
| 01 Dec 2025 | Michael Reid | Issued | 748,066 | $10,502,846 |
Issue of securities. 1,761,408 PRSUs
|
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Ms Melinda Frances Snowden | Non-Executive DirectorNon-Executive Chairman | Jun 2021 |
Ms Snowden has over 30 years of experience in finance and has been a professional non-executive director since 2010 in a range of industries. Melinda is currently a Non-Executive Director of online furniture and homewares retailer Temple & Webster, where she is the Chair of the Audit & Risk Committee, and WAM Leaders Limited, a listed investment company managed by Wilson Asset Management that predominantly invests in large cap Australian companies. Melinda has held previous non-executive director roles at Best & Less Group Holdings Ltd, Newmark Property REIT, Mercer Investments (Australia), MLC, Sandon Capital Investments and Kennards Self Storage. Prior to her non-executive career, Melinda held investment banking roles with Grant Samuel, Merrill Lynch, and Goldman Sachs. She is a Member of the Risk Committee.
|
| Mr Jay Adelson | Non-Executive Director | Mar 2019 |
Mr Adelson has over 30 years of experience in technology and internet businesses globally. Jay co-founded Equinix in 1998 and was responsible for the original and sustaining business model. Jay also was involved in the establishment and operation of the original Palo Alto Internet Exchange for Digital Equipment Corporation in 1996. Jay has also founded and served as CEO for other companies across the technology and internet infrastructure spaces.
|
| Ms Glo Gordon | Non-Executive Director | Jul 2021 |
Ms Gordon has more than 20 years of global leadership experience in business operations strategy, sales and revenue growth in the technology sector, having held senior executive roles with technology companies including MATRIXX Software, Cisco, Oracle, SAP, and Xerox. In 2020, Glo was appointed Chief Executive Officer and Board Director of MATRIXX Software, a Silicon Valley based leader in 5G digital commerce solutions, serving until its acquisition by Amdocs in December 2025. Jasper was acquired by Cisco in 2016 for US$1.4 billion. Following the acquisition, Glo joined Cisco as Vice President and General Manager, IoT Sales and Marketing with global responsibility for the growth, profitability and strategic direction of Cisco's IoT business. Earlier in her career, Glo spent 10 years with Oracle, most recently as Group Vice President, Worldwide BSS/OSS Applications Sales, where she led global sales for Oracle's Communications Business Unit. She is a Member of the Risk Committee.
|
| Mr Michael Klayko | Non-Executive Director | Mar 2021 |
Mr Klayko has over 40 years of experience in the data storage, computer, technology and telecommunications industries. Additionally, he has held leadership and Executive positions at technology companies including Rhapsody Networks, McDATA Corporation, EMC Corporation, Hewlett Packard, and IBM. Michael brings an understanding of the technology and network solutions industry coupled with experience as a director of other publicly listed technology companies. He is an Operating Executive at Marlin Equity Partners, a global investment firm. Currently Michael serves as the Chairman of Star Compliance and Baxter Planning and is a board member of Process Unity and CE Broker. He is a Member of the Risk Committee.
|
| Mr Michael Anthony Reid | Chief Executive OfficerExecutive Director | May 2023 |
Mr Reid joined Megaport from Cisco, serving as ThousandEyes' Chief Revenue Officer. He also led Cisco acquisitions as Worldwide Head of Sales in California, Cisco's Northern Australian region and sales for Australia's financial services customers. He has over 20 years of industry experience.
|
| Mr Jonathan(Jon) Gidney | Non-Executive Director | May 2026 |
Mr Gidney has more than 30 years of experience in corporate finance, mergers and acquisitions, and capital markets advisory across a range of industry sectors. Throughout his career, he has been a trusted adviser to Australian and international boards and CEOs on strategy, governance, capital management and transformational transactions. Jon is currently a Non-Executive Director of Dexus Funds Management Limited and Cettire Limited, Non-Executive Chair of FNZ (APAC) Group of Companies, and a Member of the Australian Takeovers Panel. Prior to his current roles, Jon held several senior leadership positions in investment banking, including Vice Chairman, Banking Capital Markets & Advisory at Citi, and Senior Adviser and Vice Chairman at Greenhill. Earlier in his career, he spent more than a decade at JPMorgan, including as Head of Mergers & Acquisitions, Australia, where he advised on many Australian transactions across the financial services, real estate, consumer and natural resources sectors. He is Chair of the Risk Committee
|
| Mr Mohit Lad | Non-Executive Director | Dec 2024 |
Mr Lad brings experience in networking, cloud infrastructure and digital innovation. He is the co-founder and former Chief Executive Officer of ThousandEyes, SaaS and internet visibility platform, which was acquired by Cisco in 2020. Following the acquisition, Mohit joined Cisco as Senior Vice President of Network Assurance, where he was responsible for scaling ThousandEyes' capabilities globally, integrating multiple acquisitions, and growing the business. He has also served on the Board of Directors of Groove, Inc.
|
| Ms Celia Pheasant | Company Secretary | Jan 2023 |
-
|
| Leticia Dorman | CFO |
-
|
|
| Celia Pheasant | Company Secretary |
-
|
Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| J P Morgan Nominees Australia Pty Limited | 55,224,123 | 23.39% |
| HSBC Custody Nominees (Australia) Limited | 46,575,662 | 19.73% |
| Citicorp Nominees Pty Limited | 45,843,389 | 19.42% |
| BNP Paribas Noms Pty Ltd | 9,600,587 | 4.07% |
| BNP Paribas Nominees Pty Ltd <Agency Lending A/C> | 6,416,176 | 2.72% |
| BNP Paribas Noms Pty Ltd <Global Markets> | 4,387,763 | 1.86% |
| Argo Investments Limited | 3,492,745 | 1.48% |
| BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd> | 2,523,199 | 1.07% |
| Morgan Stanley Australia Securities (Nominee) Pty Limited <No 1 Account> | 1,966,102 | 0.83% |
| HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> | 1,611,631 | 0.68% |
| BNP Paribas Noms (Nz) Ltd | 1,466,967 | 0.62% |
| UBS Nominees Pty Ltd | 1,167,977 | 0.49% |
| Citicorp Nominees Pty Limited <Colonial First State Inv A/C> | 979,350 | 0.41% |
| BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> | 765,907 | 0.32% |
| Warbont Nominees Pty Ltd <Settlement Entrepot A/C> | 732,940 | 0.31% |
| Netwealth Investments Limited <Wrap Services A/C> | 695,934 | 0.29% |
| HSBC Custody Nominees (Australia) Limited A/C 2 | 680,017 | 0.29% |
| Merrill Lynch (Australia) Nominees Pty Limited | 484,223 | 0.21% |
| HSBC Custody Nominees (Australia) Limited i | 387,221 | 0.16% |
| Beebee Holdings Pty Ltd | 387,003 | 0.18% |