Broker analysts are always on the hunt for good opportunities that could produce strong returns. There are some wonderful businesses inside the S&P/ASX 200 Index (ASX: XJO) which the market may be overlooking. So, we'll look at two potential ASX share opportunities.
These stocks have multiple buy ratings and are among the highest-quality names on the ASX, yet their share prices have dropped considerably from former heights. Therefore, it looks like a good time to be greedy while other investors are fearful.
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REA Group Ltd (ASX: REA)
REA Group owns Australia's leading property portal, realestate.com.au. According to Commsec, there are currently 12 analysts that rate the business as a buy.
I'm not sure how higher interest rates and elevated inflation will affect property listings, but it's possible that there could be an increase in forced sales, boosting demand for its portal.
The company's market position allows it to implement regular price rises for vendors to use its portal, with little detrimental effect (so far). In the FY26 half-year result, the business reported that 12.7 million people visited its portal – it reportedly received 105.9 million more monthly visits than its nearest competitor, on average.
The ASX 200 share also revealed that 2.9 million people visited realcommercial.com.au (another of its businesses) each month on average, 1.9 million more people than the nearest competitor.
The digital nature of its business model allows it to achieve rising profit margins. In the FY26 half-year result, core revenue grew 5% to $916 million , operating profit (EBITDA) grew 6% to $569 million and net profit rose 9% to $341 million.
It's expecting buy yield growth of between 12% to 14% in FY26, which is an excellent tailwind for earnings.
Using the forecast on Commsec, the REA Group share price is valued at 31x FY27's estimated earnings.
TechnologyOne Ltd (ASX: TNE)
TechnologyOne is best-known as an enterprise resource planning (ERP) software provider to well over 1,000 clients across numerous sectors including corporations, government agencies, local councils and universities.
According to Commsec, the business is currently rated as a buy by 10 different analysts, which is also a very bullish view by the market.
While some investors may by concerned about the impacts that AI could have on the software sector, TechnologyOne talks about how its software as a service (SaaS) and its products are being "turbocharged through AI".
The ASX 200 share is confident that it's going to deliver strong double-digit growth in the 2026 financial year. Management are guiding that in the current financial year, its annual recurring revenue (ARR) could rise by between 16% to 18%, while profit before tax (PBT) growth could be between 18% to 20%.
Using the earnings estimate on Commsec, the TechnologyOne share price is valued at 58x FY26's estimated earnings. Its earnings per share (EPS) is projected to grow by 38% between FY26 and FY28.
