Share prices are changing all the time and this gives investors the chance to buy ASX shares that are significantly undervalued.
In this article, we're going to look at two stocks that could rise more than 60% over the next year if analysts are right about how undervalued the businesses are.
Below are potentially two of the most undervalued ASX shares in Australia right now.
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Siteminder Ltd (ASX: SDR)
Siteminder is a leading ASX tech share that provides software to hotels around the world that helps run operations, advertise rooms, and decide on room prices.
In an increasingly digital world, an offering like Siteminder's is very important. Knowing what room price to advertise at could be the difference between winning a customer or not.
Siteminder has offices in Sydney, Bangkok, Barcelona, Berlin, Dallas, Galway, London, Manila, Mexico City, and Pune. Siteminder generates 140 million reservations worth over A$85 billion in revenue for its hotel customers each year.
Despite market worries about AI, the company continues to generate strong levels of growth. In FY26, annual recurring revenue (ARR) rose 14.9% to $313.7 million despite softer global travel conditions, which demonstrated the resilience of the business and growing traction from new product initiatives like its smart platform.
The company also reported revenue growth of 18.6% to $266.1 million, while adjusted operating profit (EBITDA) soared 96.5% to $28.1 million and adjusted cash flow jumped 123% to $10.5 million. Its financials are clearly going in the right direction.
According to CMC Invest, there have been 10 ratings on the business, with nine buy ratings, and one sell rating. Of those analysts, the average price target is $5.53, which suggests a possible rise of 82% over the next year from where it is at the time of writing.
Objective Corporation Ltd (ASX: OCL)
This ASX share is a software business that enables thousands of public sector organisations which are shifting to being completely digital. The idea is that customers can work from anywhere, with access to information, along with governance and security.
Objective Corporation revealed a number of growth numbers in FY26, though the result wasn't as strong as some investors were hoping for.
It reported revenue growth of 9% to $134.7 million, with software as a service (SaaS) revenue growth of 22%. Adjusted EBITDA climbed 11% to $51.5 million, operating cash flow grew 6.5% to $49.3 million, and net profit after tax (NPAT) rose 5% to $37.2 million.
The ASX share also reported that its R&D investment rose 8% to $33.8 million and the dividend per share was hiked by 18% to 26 cents. However, the ARR declined 2% to $117.3 million.
According to CMC Invest, there have been six ratings on the business within the last three months, with four buy ratings and two hold ratings.
The average price target is $10.61, suggesting a possible 62% rise over the next year from where it is at the time of writing.
These could be two of the most compelling ASX shares right now, among other leading ideas.
