Can NEXTDC share price meet target expectations of analysts?

ASX data center stocks are drawing strong interest as AI demand surges worldwide. NEXTDC leads with hyperscaler deals and key project approvals fueling its upside.

NEXTDC Limited (ASX: NXT)
NEXTDC Limited is a leading Australian data center operator which is delivering Asia's most innovative Data Centre-as-a-Service with Uptime Institute Tier IV certified facilities, NABERS 5-star efficiency and carbon-neutral operations tailored for cloud providers, enterprises and government.

The company has accelerated its growth trajectory through a pivotal Memorandum of Understanding with OpenAI which was announced in December 2025. They are partnering to build a next-generation hyperscale AI campus and large-scale GPU supercluster at the S7 site in Sydney's Eastern Creek. It will feature closed-loop liquid cooling for high-density AI workloads without potable water use.