10 Aussie stocks to buy in FY 2026

Let's see which shares analysts think could be buys in the upcoming financial year.

A happy young couple lie on a wooden deck using a skateboard for a pillow.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

With the new financial year upon us, investors may be wondering where to find the best opportunities on the ASX.

Let's take a look at 10 Aussie stocks that analysts are positive on as we head into FY 2026. They are as follows:

Aristocrat Leisure Ltd (ASX: ALL)

This gaming and technology powerhouse has impressed over the past decade with strong and consistent growth. And with its sizeable investment in research and development and content, it appears well-placed to build on this in FY 2026 and beyond.

Bell Potter is a fan and recently put a buy rating and $79.00 price target on this Aussie stock.

Aurizon Holdings Ltd (ASX: AZJ)

Rail freight operator Aurizon offers exposure to the nation's transport and logistics sector with a focus on coal, agriculture, and industrial freight. It is also a dividend payer with a big forecast yield which could appeal to income-focused investors.

Last week, Macquarie upgraded its shares to an outperform rating with a $3.39 price target.

Cochlear Ltd (ASX: COH)

Another Aussie stock to look at is Cochlear. It is a leader in hearing implant technology and has strong tailwinds from ageing global populations. Recent product launches and its R&D investment look set to cement its leadership position for a long time to come.

Analysts at UBS have a buy rating and $325.00 price target on its shares.

CSL Ltd (ASX: CSL)

CSL is one of Australia's crown jewels in healthcare. With a world-class plasma therapy business and expanding vaccine and biotech capabilities, it is well-positioned to grow in FY 2026 and beyond. In fact, double-digit earnings growth is forecast by many analysts over the remainder of 2020s.

Bell Potter is bullish on CSL and has a buy rating and $305.00 price target on its shares.

Goodman Group (ASX: GMG)

As one of the world's largest industrial property companies, Goodman is tapping into strong demand for logistics and data centre infrastructure. Its global footprint and world class pipeline of projects make it a standout in the property sector.

Citi has a buy rating and $40.00 price target on its shares.

Megaport Ltd (ASX: MP1)

This network-as-a-service provider looks well-positioned for growth over the long term. This is thanks to its exposure to cloud computing and artificial intelligence trends. Morgans thinks it is "is uniquely placed to help business move data globally and benefit from the growth of data related to both cloud computing and AI."

The broker has an accumulate rating and $15.50 price target on Megaport's shares.

NextDC Ltd (ASX: NXT)

Another Aussie stock benefit from the AI boom is NextDC. As one of the Asia-Pacific's leading data centre operators, it is capitalising on the massive demand for data storage and connectivity. In fact, the company recently revealed a record pro forma forward order book of 135MW. This compares to its total contracted utilisation of 176MW during the first half.

The team at Macquarie has an outperform rating and $22.10 price target on its shares.

Pilbara Minerals Ltd (ASX: PLS)

Lithium prices may have cooled off, but Pilbara Minerals is still profitable thanks to its quality assets and low costs. If sentiment turns and demand accelerates, it could be well placed to ride the next wave of the energy transition.

Macquarie is bullish on the lithium miner and has an outperform rating and $2.40 price target on its shares.

ResMed Inc. (ASX: RMD)

ResMed continues to benefit from long-term demand for sleep apnoea treatment and respiratory care. And with an estimated addressable market of over 1 billion people, it has decades of growth ahead of it.

Macquarie has an outperform rating and $48.00 price target on ResMed's shares.

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster is the leader in online furniture and homewares. While consumer sentiment may remain soft in the near term, the structural shift online and its strong brand leave this Aussie stock well-positioned for growth in FY 2026 and beyond.

Morgan Stanley is bullish on its outlook. It has an overweight rating and $28.00 price target on its shares.

Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in CSL, Cochlear, Goodman Group, Megaport, Nextdc, ResMed, and Temple & Webster Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended CSL, Cochlear, Goodman Group, Macquarie Group, Megaport, ResMed, and Temple & Webster Group. The Motley Fool Australia has positions in and has recommended Macquarie Group and ResMed. The Motley Fool Australia has recommended CSL, Cochlear, Goodman Group, and Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Broker Notes

Young lady in JB Hi-Fi electronics store checking out laptops for sale
Broker Notes

Does Macquarie rate Harvey Norman shares a buy, hold or sell?

The broker has downgraded its view on this consumer discretionary stock.

Read more »

A male investor wearing a white shirt and blue suit jacket sits at his desk looking at his laptop with his hands to his chin, waiting in anticipation.
Broker Notes

Analysts rate CBA and these popular ASX shares as sells

Let's see why analysts are bearish on these names.

Read more »

A smiling woman sips coffee at a cafe ready to learn about ASX investing concepts.
Broker Notes

ASX retail shares: 2 to buy and 1 to sell amid rising inflation

What does potentially resurgent inflation mean for the critical Christmas retail period?

Read more »

A woman presenting company news to investors looks back at the camera and smiles.
Broker Notes

Macquarie says buy this ASX 200 stock for 30%+ return

Let's see why the broker is bullish on this appliance manufacturer's shares.

Read more »

a geologist or mine worker looks closely at a rock formation in a darkened cave with water on the ground, wearing a full protective suit and hard hat.
Broker Notes

Up 131% in 2025, why Macquarie expects Lynas Rare Earths shares to keep outperforming in 2026

Macquarie remains bullish on the outlook for Lynas rocketing shares. Let’s see why.

Read more »

happy farmer, agricultural stock rise
Broker Notes

3 ASX agriculture shares just re-rated by experts

Morgans has revised its ratings and 12-month price targets on Nufarm, Graincorp, and Elders.

Read more »

A happy male investor turns around on his chair to look at a friend while a laptop runs on his desk showing share price movements
Broker Notes

Macquarie tips almost 35% upside for Pexa shares

The broker sees potential for big returns from this tech stock.

Read more »

Excited couple celebrating success while looking at smartphone.
Broker Notes

Macquarie tips 70% upside for this quality ASX 200 stock

This beaten down stock could he heading meaningfully higher according to the broker.

Read more »