NextDC stock falls 37.12 percent below its Xetra close
Published on 10/24/2026 at 18:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPrice and analyst signals
- NextDC stock fell 37.12 percent below the Xetra close on October 24, 2026.
- Morgan Stanley set an A$6.70 target and a Hold rating on October 22, 2026.
- NextDC stock costs EUR 3.49 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, 37.12 percent below the Xetra close of October 23, 2026.
NextDC stock (AU000000NXT8) stood at EUR 3.49 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, 37.12 percent below the Xetra close of October 23, 2026 at EUR 5.55. The sharp gap gives the Australian data center operator's quotation a clear price-led focus while investors assess the latest broker views.
Morgan Stanley sets A$6.70 target
On October 22, 2026, Morgan Stanley analyst Andrew McLeod downgraded NextDC to Hold and set an A$6.70 price target, as Markets Insider reported. Against the ASX quotation of AUD 5.61 on October 23, 2026, the target is 19.43 percent above the Australian share price.
Price remains near its yearly low
The Australian listing last stood at AUD 5.61 on October 23, 2026. Its 52-week range was AUD 5.07 to AUD 16.78, leaving the stock 10.65 percent above its low and 66.57 percent below its high. The reported volume was 17,486,636 shares on that date.
NEXTDC's market capitalization was AUD 4.3 billion on October 23, 2026, while its price-to-earnings ratio was 47.30. The company reported FY26 net revenue of AUD 405.0 million and FY26 EBITDA of AUD 248.8 million on its investor page, which also identifies the ASX listing and the NXT ticker.
Annual meeting has a fixed date
NEXTDC will hold its annual general meeting in Sydney on November 20, 2026. The date was announced on October 19, 2026 by EQS News. The meeting date offers the next clearly scheduled corporate point after the October trading disruption.
What does the target imply?
The A$6.70 target is 19.43 percent above the ASX price of AUD 5.61, but it remains below several higher broker targets reported during October. That spread points to a wide range of expectations rather than a single market view. The FY26 figures of AUD 405.0 million in net revenue and AUD 248.8 million in EBITDA provide the latest completed-year operating baseline.
NextDC price snapshot
NextDC stock was trading at EUR 3.49 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, 37.12 percent below the Xetra close of October 23, 2026 at EUR 5.55. The Australian listing last stood at AUD 5.61 on October 23, 2026.
The further course of trading is shown by the continuously updated real-time quote of NextDC stock.
NextDC stock facts
- Company: NEXTDC Limited
- ISIN: AU000000NXT8
- Ticker: NXT
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 24, 2026, 1:04 p.m. CEST): EUR 3.49
- Change versus Xetra close: minus 37.12 percent
- Xetra close (October 23, 2026): EUR 5.55
- Market capitalization: AUD 4.3 billion (as of October 23, 2026)
- 52-week range: AUD 5.07-16.78 (as of October 23, 2026)
- Sector / Industry: Technology / Information Technology Services
Market context: Market report S&P ASX 200.
