Netwealth Group Ltd (ASX: NWL) shares enjoyed a big lift last week following the release of the company's strong half-year earnings results (H1 FY 2026).
Shares in the S&P/ASX 200 Index (ASX: XJO) wealth management and technology company closed up 16.6% on Wednesday, the day of the results release. And the stock gained another 6.0% on Thursday.
All up, Netwealth shares gained 21.1% in the week just past.
During the Monday lunch hour today, shares are giving back some of those gains, down 1.8% at $25.40 each.
Which could make now an opportune time to buy, according to Catapult Wealth's Dylan Evans (courtesy of The Bull).
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Should you buy Netwealth shares today?
According to Evans:
Netwealth agreed in late 2025 to pay compensation of $100.7 million to customers who invested in the First Guardian Master Fund, a collapsed fund that was included on its platform.
While Netwealth shares were negatively impacted by the First Guardian failure, Evans noted that the losses incurred are now water under the proverbial bridge.
"On February 18, 2026, investors responded positively to the company's first half results in fiscal year 2026," he said.
Digging into those results, Evans said:
Platform revenue of $189 million was up 25.3% on the prior corresponding period. A statutory loss of $2.2 million includes the First Guardian compensation expense. Excluding the expense, net profit after tax of $69 million was up 19.9%.
And the ASX 200 wealth manager is on the growth path.
"Netwealth is the second fastest growing superannuation and investment platform in Australia, driven in part by technology investment and leadership in a rapidly changing sector," Evans said.
And Evans expects the company has plenty of growth runway left ahead of it.
"With less than 9% of market share, Netwealth still has plenty of room to continue growing in double digits," he concluded.
Don't forget the passive income!
Another reason you might want to buy Netwealth shares is for the passive income on offer.
With underlying half-year net profit after tax leaping 19.9% year on year, management declared a fully franked interim dividend of 21 cents per share. That's up 20% from last year's interim payout.
If you want to grab the interim Netwealth dividend, you'll need to own shares at market close on 3 March. Netwealth trades ex-dividend on 4 March.
You can then expect to receive see passive income payout land in your bank account on 26 March.
