The ASX reporting season continued in full swing on Thursday, with many more businesses posting their FY26 results. Among some of the biggest names are Zip Co Ltd (ASX: ZIP), APA Group Ltd (ASX: APA) and Dexus (ASX: DXS).
Let's recap how the shares are tracking today and whether brokers rate them a buy, sell or hold.
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Buy Zip shares
Zip posted a huge 57.9% increase in its cash EBTDA, a 24.7% increase in total revenue, and a 45.7% hike in its NPAT for FY26.
The company expects its cash EBTDA to climb even higher in FY27, by around 26% thanks to strong growth and greater scale across the business.
The announcement has been well received by investors who are rushing to snap up the buy now, pay later (BNPL) provider's shares this morning.
At the time of writing, Zip shares are up a huge 17% and changing hands for $3.02 a piece. Today's increase means the shares are now just 10% lower for the year-to-date and are just 0.5% below trading levels seen this time last year.
Experts are incredibly bullish about the outlook for Zip shares too.
TradingView data shows all 13 analysts have a buy/strong buy rating on the shares. The average $4.19 target price implies a 40% upside ahead, at the time of writing. Although some are confident that Zip shares can climb another 88% to $5.59 within the next 12 months.
Hold APA shares
APA reported an 8.3% increase in underlying EBITDA as part of its FY26 results this morning, surpassing guidance.
The company also announced a 3.2% increase in its free cash flow and 1.9% uplift in statutory revenue (excluding pass-through), and a 81.4% jump in statutory net profit.
APA is also guiding a higher underlying EBITDA of between $2,260 million and $2,340 million for FY27.
The news seems to have sat well with investors, but there isn't a significant shift in the share price at the time of writing. APA shares are up around 1% for the day so far, and trading at $10.18 a piece. The shares are now around 13% higher for the year-to-date and 16% higher than a year ago.
It looks like the shares could now be around fair value, however.
TradingView data shows sentiment is split between a hold and sell rating on APA shares. The average $9.45 target price implies a potential 7% downside at the time of writing.
Buy Dexus shares
Dexus reported adjusted funds from operations (AFFO) of $483.9 million and distributions of 37.0 cents per security, both matching previous guidance, as part of its FY26 results this morning.
Statutory net profit after tax was $482.2 million, and gearing remained at the lower end of the group's target range.
For FY27, Dexus expects reduced earnings due to lower performance fees, an immaterial contribution from trading profits, and a smaller contribution from funds under review.
It looks like investors are disappointed with the results. At the time of writing, Dexus shares are down around 2.5% and changing hands for $5.66 a piece.
The shares are now down 19% for the year-to-date and are 24% lower than this time last year.
At the time of writing, the experts are still bullish that we could see a rebound from Dexus shares this year. But it's possible that some may revisit their positions over the coming days following the company's results announcement.
TradingView data shows that the majority currently have a buy/strong buy stance on Dexus shares. The average $6.55 target price implies a potential 15% upside at the time of writing.
