Business · Markets · 1 day ago
Xero and Megaport offer contrasting growth stories for ASX investors
Xero and Megaport are technology companies listed on the Australian Securities Exchange, but they work in different areas.
New Zealand-based Xero sells cloud accounting software to small and medium-sized businesses.
Megaport provides network connections between data centres and major cloud providers, and has also moved into AI computing infrastructure.
The figures in the story put Xero's market value at $9.57 billion and Megaport's at $5.01 billion.
Both had negative earnings per share and paid no dividend, so the comparison is focused on companies seeking growth rather than income for shareholders.
By 7 October 2026, Xero's share price was down 51.1% year to date, while Megaport's was up 78.7%.
Those different results underline that the two shares carry distinct risks, and the figures do not establish which is the better choice for an individual investor.
Xero and Megaport are presented as contrasting growth-stock options for young Australian investors.
Xero is a New Zealand-based cloud accounting software company for small and medium-sized businesses.
Megaport provides a network-as-a-service platform connecting customers to more than 1,100 data centres in 31 countries.
The article reports Xero’s year-to-date share return at -51.1% and Megaport’s at 78.7%.
Both companies have negative reported earnings per share and currently pay no dividend.
- Who
- Xero Ltd and Megaport Ltd, two ASX-listed technology companies.
- What
- The article compares their investment cases and recent share-price performance for young investors.
- When
- Published on 10 October 2026; share-price figures include data up to 7 October 2026.
- Where
- Australia’s stock market; Xero is based in New Zealand, while Megaport connects data centres across 31 countries.
- Why
- To compare the companies’ growth prospects, financial measures and recent share performance.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
Xero launched its cloud accounting software business.
Megaport acquired Latitude.sh, according to the article, as it moved into AI compute infrastructure.
Xero closed at $56.10, while Megaport finished at $21.07, according to the article.
Motley Fool AU published its comparison of Xero and Megaport.
- Xero market capitalisation
- $9.57 billion
- Megaport market capitalisation
- $5.01 billion
- Megaport platform
- More than 1,100 data centres in 31 countries
- Xero year-to-date return
- -51.1%
- Megaport year-to-date return
- 78.7%
- Earnings per share
- Xero: -0.158; Megaport: -0.218
Sources
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