ASX shares have come under pressure over the past three months as conflict in the Middle East hikes inflation and interest rates.
The All Ordinaries Index (ASX: XAO) is trading in the red on Tuesday morning, down 0.2% at the time of writing. But the index has climbed just over 7% higher in the past month as Australian sharemarkets regain some momentum.
Here are three ASX shares tipped to keep going, and brokers tip upsides of 100% or higher over the next 12 months.
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Myer Holdings Ltd (ASX: MYR)
Myer shares have been dragged down by inflation woes and market volatility so far in 2026. The latest downturn comes directly off the back of operational issues and profitability headwinds in late 2025. But the ASX retailer posted solid first-half financial results in March, which implies that the business has its operating costs under control and its strategic initiatives are gaining traction. At the current trading price of just 29 cents a piece, brokers widely view the ASX shares as oversold and undervalued. Market Index data shows most brokers have a strong buy rating on the shares and tip an average 100% upside to 58 cents per share over the next 12 months.
Lotus Resources Ltd (ASX: LOT)
Lotus shares spiked at an 18-month high of $3.24 in mid January, and then crashed over 62% to an all-time low of $1.23 in late March. The Australian uranium company with interests in Malawi, Africa, completed a $76 million capital raising in February to help strengthen its balance sheet after a tough period. Investors quickly became concerned that the company could be unable to deliver profits without needing more cash. But sentiment shifted when the uranium company announced a new milestone. Orano Chimie-Enrichissement has confirmed that it will accept the uranium ore concentrate from Lotus' Kayelekera Uranium Mine. At the time of writing, the ASX shares are up 1.4% to $1.58, and brokers tip another 101.13% upside ahead to an average target price of $3.32.
Qoria Ltd (ASX: QOR)
Qoria is a small-cap cybersecurity company that offers online safety technology for children. This includes school and parental controls. Qoria aims to become the global leader in children's digital safety and well-being within three years. The ASX company reached 30 million students in 32,000 schools and earns a significant annual recurring revenue from ongoing school contracts. In its half-year FY26 result, Qoria announced a 25% increase in revenue and a 68% hike in EBITDA. And brokers think the strong rate of expansion can continue. At the time of writing on Tuesday morning, the shares are up 3.17% to 32 cents per share. Market Index shows brokers have a consensus strong buy rating on the ASX shares and an average 69 cents target price. That implies a huge potential 111.69% upside at the time of writing.
Temple & Webster Group Ltd (ASX: TPW)
Temple & Webster is another retail company that has faced significant headwinds recently. Investors took their gains in late 2025 and early 2026 after a huge mid-year price rally. Meanwhile, over the past few months, inflation concerns have led its customers to tighten their purse strings. The company posted a strong half-year FY26 result, but seemingly missed high expectations. But its outlook is strong, and it has robust growth plans in place. The consensus is that the shares are now oversold and undervalued. At the time of writing, the ASX shares are down 0.9% to $6.61. But analysts tip an average upside of 125.3% to $14.91 over the next 12 months.
