The tech sector has been a great place to invest over the past 12 months. During this time, the S&P ASX All Technology index has risen by a whopping 28%.
The good news is that analysts at Bell Potter still see opportunities in the sector in the new financial year. It said:
We have a positive or constructive view on the outlook for the technology sector given, firstly, the generally strong or above average forecast revenue and/or earnings growth and, secondly, the easing interest rate environment which has commenced and is expected to continue this year.
Let's take a look at three ASX tech stocks that the broker rates as buys for FY 2026. They are as follows:
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Gentrack Group Ltd (ASX: GTK)
Bell Potter thinks that Gentrack could be an ASX tech stock to buy. It is a software provider for utilities and airports.
The broker highlights that the company is benefiting from a couple of tailwinds right now, which bodes well for its growth outlook. It said:
Demand for modern-day utilities billing solutions is growing rapidly due to dual tailwinds in (1) an evolving energy grid generating significant amounts of data and complexity in billing and customer management, and (2) legacy tech debt incurred from historical underinvestment in the utility billing stack.
GTK has a track record of upgrading and beating guidance, with full year result in November potentially outlining strong guidance for FY26 ahead of medium-term targets.
Bell Potter has a buy rating and $13.50 price target on its shares.
Seek Ltd (ASX: SEK)
Another ASX tech stock to buy in FY 2026 could be job listings giant Seek.
Bell Potter believes the company's outlook is positive thanks to interest rate cuts and its unified platform. It explains:
Job ad declines have been steadily improving in its largest market, Australia, driven by macro tailwinds and the commencement of an RBA cutting cycle, which looks to meet Group yield and margin improvements through its recently unified platform.
The unified platform is expected to be capable of delivering platform deployments at speed and scale throughout its markets; investment in SEK's AI capability looks to benefit yield through increased ability to drive placements efficiently to benefit both hirers and candidates.
The broker has a buy rating and $28.40 price target on its shares.
WiseTech Global Ltd (ASX: WTC)
Finally, logistics solutions company WiseTech Global could be an ASX tech stock to buy according to the broker.
It feels that the company is well-placed to continue its growth in the coming years. Particularly given the proposed acquisition of e2Open. It said:
There is also a boost to revenue and earnings to come from a recently announced acquisition – e2Open – and this neatly fills any gap from the delay in launch of new products. Lastly, the stock has underperformed peers like Technology One (TNE) and Xero (XRO) and we now expect relative outperformance as the [leadership and product launch] issues subside.
Bell Potter has a buy rating and $122.50 price target on its shares.
