SKS TECHNOLOGIES GROUP LIMITED (SKS)
Share Price Analysis and Chart

21/04/2026

2

Accumulate

$6.70

0.30%

SKS Technologies has bolstered its outlook, Morgans asserts, with the recent expansion of its contract with a major customer.

The company has been awarded a scope increase with construction customer Hickory relating to the design and construction of electrical systems for a hyper-scale data centre in Victoria.

The expanded scope for a further 36MW of capacity brings the total scope under the project to 126MW and includes medium and high voltage works for the site.

Morgans envisages upside potential to the current share price and rates the stock Accumulate, increasing the target to $6.70 from $5.10.

FORECAST
Morgans forecasts a full year FY26 dividend of 7.00 cents and EPS of 21.00 cents.
Morgans forecasts a full year FY27 dividend of 9.00 cents and EPS of 28.00 cents.

22/04/2026

1

Buy

$6.47

-3.14%

Canaccord Genuity maintains a Buy rating and $6.47 price target for SKS Technologies following an $80m contract win for a Melbourne hyperscale data centre.

This award takes total work won at the site to $210m and increases confidence in the FY27 revenue pathway approaching $500m.

FY27 revenue estimates have been upgraded by 15% and PBT by 20% to reflect accelerating momentum in the Victorian data centre market.

Operating leverage should drive PBT margins to 11.2% by FY28 as the business benefits from scale and the Delta acquisition.

The broker explains its new target price reflects a 13x EV/EBITDA multiple which remains conservative relative to domestic peers despite the superior 37% EBITDA growth rate.

FORECAST
Canaccord Genuity forecasts a full year FY26 dividend of 9.70 cents and EPS of 21.50 cents.
Canaccord Genuity forecasts a full year FY27 dividend of 9.70 cents and EPS of 30.00 cents.