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Naspers Hits Record High at R532,978 Amid Strong Revenue Growth
Naspers Hits Record High at R532,978 Amid Strong Revenue Growth
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Naspers Ltd surged to a 52-week peak of R532,978, buoyed by robust investor sentiment and a 12.5% revenue jump to $7.23 billion for fiscal 2025. The Johannesburg-based tech giant continues to leverage global investments and cost efficiencies under CEO Fabricio Bloisi, adding R550 billion in market capitalization this year.
An aggressive share buyback program underscores confidence in earnings growth, while technical charts suggest upside targets of R540K and R560K if momentum holds. The performance reflects deepening institutional interest in high-growth tech holdings across emerging markets.
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