Bargain hunting – these ASX shares are trading near 52-week lows

Looking for a bargain buy?

Key points
  • Computershare Ltd (ASX: CPU): Trading 20% below its price last February, this financial administration company may offer a discount opportunity with an analyst price target suggesting an 8.6% upside.
  • Audinate Group Ltd (ASX: AD8): After a 60% decline from its 52-week highs, this technology firm specialising in AV networking might be a buy-low target with a potential 70% upside.
  • Premier Investments Ltd (ASX: PMV): Despite a 46% drop in value, this retail company could see a 20.71% increase if it reaches Macquarie's revised price target.

While it's easy to flick through headlines of share market winners, it's also worthwhile looking at ASX shares that are trading at 52-week lows. 

A struggling company can easily be oversold, offering attractive entry points for savvy investors. 

Here are three ASX shares trading close to 52-week lows. 

Two woman shopping and pointing at a bargain opportunity.

Image source: Getty Images

Computershare Ltd (ASX: CPU)

Computershare closed yesterday at $34.03, while this is slightly ahead of its 52-week low, it is still 20% below its share price last February. 

It is an Australian financial administration company offering global services in corporate trusts, stock transfers, and employee share plans.

On a consumer level, you might be familiar with Computershare's online portal to manage investments such as shares, dividends, and shareholder communications.

The decline in share price likely reflects broader investing headwinds.

However, after a 20% decline, it may be sitting at a relative discount considering its steady execution of FY26 guidance.

While this isn't a stock likely to explode overnight, analysts have an average price target just under $37. 

This indicates an upside of more than 8.6% from current levels. 

Audinate Group Ltd (ASX: AD8)

Audinate Group was one of the many ASX technology shares that endured a tough 2025.

In fact, the Information Technology (ASX: XIJ) index fell more than 20%. 

It was an even worse performance from Audinate Group, which is down 60% from its 52 week highs last February. 

It is an Australian technology company that develops and sells digital audio-visual (AV) networking solutions, primarily through its Dante platform, which is widely used in professional audio and AV systems around the world

Investor sentiment soured on these ASX shares after weaker-than-expected financial performance, lowered growth prospects, and cautious outlooks from analysts. 

However after falling significantly, it could be a buy-low target. 

It now sits below estimates from analysts. 

TradingView has an average price target of $7.54. 

This indicates 70% upside from yesterday's closing price of $4.14. 

Premier Investments Ltd (ASX: PMV)

Premier Investments is an Australian company that owns and operates specialty retail brands, consumer products, and wholesale businesses.

Retail fashion brands that exist under its umbrella include Peter Alexander and Smiggle.

Its share price has fallen more than 46% over the last year as it now sits at a 52 week low. 

Recently, Macquarie reduced its 12-month price target on Premier Investments from $20.80 to $16.20 per share.

This came after a trading update revealed weaker discretionary spending in 1H FY26.

Even taking into account the reduced price target, this price target suggests 20.71% upside.

Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Audinate Group. The Motley Fool Australia has positions in and has recommended Audinate Group. The Motley Fool Australia has recommended Premier Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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