Technology shares can be volatile, but they're also where some of the best long-term growth stories begin.
The ASX 200 now boasts a handful of tech shares with global reach, strong recurring revenue, and the kind of scalability that can compound wealth for decades.
If you have $10,000 ready to invest and want exposure to some of Australia's best technology names, here are three ASX 200 tech shares that analysts think could be worth a closer look.
Life360 Inc. (ASX: 360)
Life360 has rapidly grown into one of Australia's most exciting tech success stories. Best known for its family safety app, which allows users to track location, driving behaviour, and emergency alerts, Life360 continues to expand its global footprint.
The company recently reported outstanding growth, with global monthly active users climbing to more than 88 million, up 25% year on year, and paying circles now exceeding 2.5 million. Revenue has been growing strongly across both subscription and premium tiers, helped by higher pricing and an expanding user base in North America.
Life360's subscription model gives it sticky, recurring revenue, which are the kind investors love to see in tech businesses. And with a growing global market opportunity, this could be one ASX 200 tech shares to buy and hold for many years.
The team at Morgan Stanley is bullish on Life360 and has an overweight rating and $58.50 price target on its shares.
TechnologyOne Ltd (ASX: TNE)
Another ASX 200 tech share that could be a top buy is TechnologyOne. It is a leader in enterprise software, providing cloud-based solutions to government departments, universities, and corporations. Its software helps clients manage everything from finances and payroll to asset management and analytics.
The company has delivered over a decade of record profit growth, which an exceptional achievement for any business. This has been underpinned by its successful shift to a software-as-a-service (SaaS) model which has transformed its business, improved margins, and locked in recurring revenue from long-term contracts.
The team at UBS is a fan on the tech stock and has put a buy rating and $44.50 price target on its shares.
WiseTech Global Ltd (ASX: WTC)
Finally, WiseTech Global could be an ASX 200 tech share to buy with the $10,000. It develops logistics and supply chain management software which is used by freight forwarders, customs brokers, and logistics providers worldwide. Its flagship platform, CargoWise, helps clients streamline global trade operations across the globe.
WiseTech's competitive moat lies in its scale and deep industry integration. The company has continued to grow both organically and through acquisitions, expanding its customer base and technology stack. With global trade expected to grow over the coming decades, WiseTech is ideally placed to benefit from the increasing need for digital efficiency in logistics.
Bell Potter thinks its shares are cheap at current levels. It has a buy rating and $127.50 price target on them.
