Megaport Ltd (ASX: MP1) Share Price and News

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Megaport Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $1.36 billion
P/E Ratio 370.00
Dividend Yield 0.00%
Shares Outstanding 182.93 million
Earnings per share -0.132
Dividend per share N/A
Year To Date Return -31.72%
Earnings Yield 0.27%
Franking N/A
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as at 24 Feb 3:44pm

Megaport Ltd (ASX: MP1)
Latest News

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Share Market News

5 things to watch on the ASX 200 on Tuesday

It could be a tough day for the ASX 200...

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Technology Shares

Brokers name 2 ASX shares to buy after the tech selloff

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Share Fallers

These were the worst performing ASX 200 shares last week

These ASX 200 shares were sold off last week...

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Share Fallers

The Megaport share price just tumbled another 10%. Is it now a super bargain?

Is now an opportune time to grab Megaport shares?

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Broker Notes

Brokers name 3 ASX shares to buy today

Brokers are bullish on these ASX shares...

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Share Fallers

Why BHP, Megaport, OZ Minerals, and Zip shares are dropping

These ASX shares are ending the week in the red...

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Share Fallers

Why Australian Ethical, BHP, Endeavour, and Megaport shares are tumbling today

These ASX shares are falling on Thursday...

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Share Market News

ASX 200 midday update: BHP, Megaport, and Zip release Q3 updates

Here's what is happening on the ASX 200 on Thursday...

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Technology Shares

Here's why the Megaport share price is tumbling 18% today

Top line growth was consistent throughout the quarter but ASX investors aren't impressed.

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Share Market News

5 things to watch on the ASX 200 on Thursday

Here's what to expect on the ASX 200 on Thursday....

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Growth Shares

3 ASX shares analysts believe have enormous growth potential

Here are three ASX shares with enormous potential...

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Growth Shares

3 highly rated ASX growth shares analysts are tipping as buys

These growth shares have been named as buys...

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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.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Megaport Ltd

Megaport Ltd (ASX: MP1) is a software-defined network (SDN) service provider that allows customers to connect between around 800 data centres globally.

The majority of its customer connections are to major cloud service providers, including AWS, Microsoft Azure, and Google Cloud Platform. Megaport also enables customers to connect between their own equipment in different locations and to internet exchanges. 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. 

The company is divided into three segments: the Americas, Asia-Pacific, and Europe/the Middle East/Africa. 

 

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
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
04 Sep 2025 Michael Reid Expiry 2,301 $32,306
As advised by the company. 1,013,342 PRSUs, Lapsed

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Ms Melinda Frances Snowden Non-Executive DirectorNon-Executive Chairman Jun 2021
Ms Snowden is member of Risk Committee. She has over 30 years of experience in finance and has been a non-executive director since 2010 in a range of industries. She has held previous non-executive director roles at Best and Less Group Holdings Ltd, Newmark Property REIT, MLC, Vita Group, Mercer Investments (Australia), Sandon Capital Investments, Our Ark Mutual and Kennards Self Storage. Prior to her non-executive career, she held investment banking roles with Grant Samuel, Merrill Lynch, and Goldman Sachs and was a solicitor in the corporate division of Herbert Smith Freehills.
Ms Lisa Ray Hennessy Non-Executive Director Dec 2025
Ms Hennessy is an ASX Non-Executive Director with over 30 years of expertise spanning executive and board roles across Technology, MedTech, and Consumer sectors. She has been a professional non-executive Director since 2015. Ms Hennessy currently serves as a Non-Executive Director of ASX-listed Cleanspace Technology Limited and Adore Beauty Group Limited, where she is the Chair of the People and Remuneration Committee. She also serves on the board of the Aikenhead Centre for Medical Discovery.. Previously, Ms Hennessy was a Non-Executive Director of ASX-listed Nitro Software Limited. Prior to her Non-executive career Ms Hennessy held senior leadership positions in Business Development, M&A, and strategy, across a broad range of industries.
Mr Jay Adelson Non-Executive Director Mar 2019
Mr Adelson has over 30 years of experience in technology and internet businesses globally. He cofounded Equinix (NASDAQ: EQIX) in 1998 and was responsible for the original and sustaining business model that grew it into one of the data centre companies in the world. Jay also was involved in the establishment and operation of the original Palo Alto Internet Exchange for Digital Equipment Corporation in 1996. In 2005, he founded the first internet television network, Revision3, which was acquired by Discovery Communications in 2012.
Ms Glo Gordon Non-Executive Director Jul 2021
Ms Gordon has more than 20 years of experience as a senior global executive in business operations strategy and sales at technology companies including Cisco, Oracle, SAP, and Xerox. She is currently CEO and board member of MATRIXX, a 5G digital commerce company in Silicon Valley. She was with Oracle for 10 years and her last role was Group Vice President, Worldwide BSS/OSS applications sales, contributing growth in recurring revenue for Oracle's Communications Business Unit for Telcos and Enterprise. She is member of 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. He 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 he serves as the Chairman of Star Compliance and Baxter Planning and is a board member of Process Unity and CE Broker. He is also a member of Risk Committee.
Mr Michael Anthony Reid Chief Executive OfficerExecutive Director May 2023
Mr Reid joined Megaport from Cisco, where he led the pure SaaS Network Visibility Business, ThousandEyes, as Chief Revenue Officer. Previously, Michael led multiple Cisco acquisitions as World-Wide Head of Sales residing in California, USA. He previously led the Northern Region of Australia for Cisco, and prior to that, led Cisco Sales for Australia's Financial Services customers. He brings over 20 years of industry experience and expertise to Megaport.
Mr Grant Andrew Dempsey Non-Executive Director Jan 2025
Mr Dempsey has more than 35 years of experience in senior executive and finance roles advising global businesses across various sectors, including TMT, financial services, property, industrials, consumer, mining and infrastructure assets. He served as Chief Financial Officer at Alumina Ltd, Senior Adviser, Finance at ANZ Banking Group, and Head of Investment Banking (Australia and New Zealand) at JP Morgan. He is Chair of Risk Committee.
Mr Mohit Lad Non-Executive Director Dec 2024
Mr Lad brings experience in networking, systems and digital innovation. As co-founder and CEO of ThousandEyes, a cloud, SaaS and internet visibility platform, he guided the company through growth before its acquisition by Cisco in 2020. At Cisco, he served as Senior Vice President of Network Assurance, scaling ThousandEye's capabilities, integrating multiple acquisitions, and growing the business fivefold. Known for his technical expertise and entrepreneurial leadership, he has also contributed to the tech community, serving on the Program Committee for NANOG a network operators platform.
Ms Celia Pheasant Company Secretary Jan 2023
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Leticia Dorman Chief Financial Officer
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Celia Pheasant Company Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 43,927,328 27.29%
J P Morgan Nominees Australia Pty Limited 33,441,588 20.78%
Citicorp Nominees Pty Limited 19,045,144 11.83%
BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 4,911,031 3.05%
BNP Paribas Noms (Nz) Ltd 3,959,572 2.46%
Washington H Soul Pattinson And Company Limited 2,916,475 1.81%
BNP Paribas Noms Pty Ltd 2,750,748 1.71%
Argo Investments Limited 2,650,895 1.65%
National Nominees Limited 2,192,808 1.36%
HSBC Custody Nominees (Australia) Limited <NtComnwlth Super Corp A/C> 1,335,455 0.83%
BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd> 1,116,584 0.69%
Netwealth Investments Limited <Wrap Services A/C> 503,575 0.31%
BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> 496,831 0.31%
BNP Paribas Nominees Pty Ltd <Pitcher Partners> 485,939 0.30%
Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 408,174 0.25%
HSBC Custody Nominees (Australia) Limited i 392,967 0.24%
Neweconomy Com Au Nominees Pty Limited <900 Account> 374,356 0.23%
Beebee Holdings Pty Ltd 300,000 0.19%
Ioof Investment Services Limited <Ips Superfund A/C> 267,011 0.17%
M E J C Pty Ltd <Mej Clarke Family A/C> 220,000 0.16%

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