WiseTech Global Ltd (ASX: WTC) shares are 0.045% higher in Tuesday morning trade. At the time of writing, the shares are changing hands at $67.26 a piece. For 2025 so far, the shares have dropped 45.71%.
The logistics software provider's stock has faced several headwinds this year.
In October, WiseTech investors were spooked by news that the company's Sydney headquarters had been searched by the Australian Federal Police and ASIC. The raid was in relation to alleged insider trading by Richard White and other staff members during late 2024 to early 2025.
No charges have been laid against the software company itself, but board resignations, leadership instability, and investor uncertainty have accelerated the share price decline.
Shortly after, the ASX 200 tech sector suffered an overall dramatic sell-off in late November. And WiseTech shares were caught up in the turmoil. The sector suffered from investor concerns about overheated valuations and an AI bubble.
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But the business is still solid…
Despite the turmoil, WiseTech's underlying business is robust. It is a global leader in logistics software, with expanding operations and a proven track record of growth. Its flagship product, CargoWise, enables freight and logistics companies to easily and smoothly manage shipments, customs, and compliance.
The company has previously demonstrated resilience and growth through economic cycles, too. And it's well-positioned to benefit from increased interest trends like automation and cloud computing.
Over the past five years, the business was also able to double its revenue to US$778.7 million. And for FY26, management expects revenue to grow about 80% to around US$1.4 billion. However, the company has also forecast an EBITDA margin of between 40%-41% for FY26, down from 49% in FY25, mostly due to consolidation integration costs following the acquisition of e2open Parent Holdings.
Are the shares a buy, sell, or hold for 2026?
Analysts' sentiment is mostly very positive for the outlook of WiseTech shares next year. TradingView data indicates that 14 out of 16 analysts have assigned a buy or strong buy rating to the stock. The average target price is $110.33, but some anticipate the shares could rocket as high as $178.16 over the next 12 months. That implies an enormous 162.91% potential upside at the time of writing. Even the average target price implies a huge 62.58% upside.
If WiseTech shares reach these levels, or even come close to them, then the current trading price of $67.26 presents a fantastic opportunity to buy the stock at a bargain price ahead of the next rebound.
