With so many shares to choose from on the Australian share market, it can be difficult to decide which ones to buy. The good news is that brokers across the country are doing a lot of the hard work for you.
Three top ASX shares that leading brokers have named as buys this week are outlined below. Here's why they are bullish on them:
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Catapult Sports Ltd (ASX: CAT)
According to a note out of Morgans, its analysts have retained their buy rating on this sports technology company's shares with a trimmed price target of $5.40. Morgans was pleased with Catapult's FY 2026 results. The broker highlights that the company's strong organic momentum has continued, with revenue increasing 19% to US$141 million and annualised contract value (ACV) ending at US$134 million, which is up 28% on the prior corresponding period. Morgans points out that operating leverage is now evident, with a 41% incremental margin in the period. It was also pleased to see average ACV per pro team cross US$30,000 for the first time and improving SaaS metrics. The Catapult share price is trading at $3.28 on Monday.
Guzman Y Gomez Ltd (ASX: GYG)
A note out of Bell Potter reveals that its analysts have upgraded this Mexican-focused quick service restaurant operator's shares to a buy rating with an improved price target of $24.50. Bell Potter has responded positively to news that Guzman Y Gomez is closing its struggling US operations. The broker has welcomed the US exit, noting that it was a previous overhang on the stock, and sees the switch to focusing on the core Australia opportunity as more beneficial to shareholders. Bell Potter is confident in the medium-term Australia opportunity, backed by a pipeline of 108 restaurants, as well as the successful master franchising operation in Singapore and Japan. The Guzman Y Gomez share price is fetching $20.02 at the time of writing.
Paladin Energy Ltd (ASX: PDN)
Analysts at Macquarie have upgraded this uranium producer's shares to an outperform rating with a $13.25 price target. According to the note, the broker highlights that Paladin Energy's shares have underperformed rivals recently. Macquarie thinks this has created a buying opportunity, noting that its shares are trading at a level that implies a sizeable discount to spot prices of U308. And while the broker concedes that there are production risks heading into FY 2027, it remains positive and believes it could be a great way to gain exposure to the uranium cycle and AI megatrend. The Paladin Energy share price is trading at $11.35 today.
