But it is also a very large and mature bank. That means its future earnings growth is likely to be shaped by credit growth, competition, bad debts, funding costs, and movements in margins.

For investors wanting stronger long-term growth prospects, it could be worth looking beyond the banking giant.

Here are three ASX shares that may offer more exciting growth potential.

Breville Group Ltd (ASX: BRG)

The first ASX share to look at instead of CBA is Breville.

It has turned kitchen appliances into a global growth story. Its products sit in categories such as coffee machines, food preparation, cooking, and home appliances, where design, quality, and brand trust can matter as much as price.

The company is still much smaller than the global opportunity in front of it. That is what makes the investment case interesting. Breville does not need to reinvent the business every year. It needs to keep building brand awareness, expanding distribution, and launching products that consumers are willing to pay a premium for.

Its coffee machines are a good example. The at-home coffee trend has given Breville a way to move deeper into everyday household routines, rather than relying only on one-off appliance purchases.

Consumer spending can be uneven, particularly when households are under pressure from higher interest rates. But Breville's long-term growth runway across overseas markets gives it far more expansion potential than a mature domestic bank.

Goodman Group (ASX: GMG)

Another ASX share with stronger growth prospects is Goodman.

It is an industrial property company that owns, develops, and manages logistics and industrial assets in key global locations. These properties are used by businesses that need efficient supply chains, fast delivery networks, and access to major population centres.

That demand is being shaped by ecommerce, automation, reshoring, and the need for more resilient supply chains.

On top of this, Goodman has become increasingly exposed to data centres. That gives it a powerful link to cloud computing, artificial intelligence, and the digital infrastructure required to support modern technology.

The company still faces property market risks, including interest rates, construction costs, and tenant demand. But its landbank, power bank, development expertise, and global customer base could support growth for many years.

Xero Ltd (ASX: XRO)

A third ASX share to consider instead of Australia's largest bank is Xero.

Xero has built a cloud accounting platform used by small businesses, accountants, and bookkeepers around the world.

But the bigger opportunity is not just accounting. Xero is becoming more deeply connected to the way small businesses manage money, payroll, invoicing, compliance, bank feeds, payments, reporting, and adviser relationships.

That is important because once a business has built its financial workflows around a platform, switching can become inconvenient and disruptive. This gives Xero a strong foundation for growth.

It can grow by winning new customers, increasing revenue per user, adding more services, and using automation and artificial intelligence to make the platform more valuable.

Xero shares can be volatile, and its valuation often reflects high expectations. But for long-term growth potential, Xero offers a very different profile from CBA.

The post Forget CBA: 3 ASX shares with better growth prospects appeared first on The Motley Fool Australia.

Listed below are three that brokers currently rate as buys and have price target meaningfully higher than where they currently trade.

Here's what they are bullish on:

Breville Group Ltd (ASX: BRG)

The first ASX growth share to look at is Breville.

It has built a global appliances business around premium design, strong branding, and products that sit in everyday kitchen categories. Its range includes coffee machines, food preparation products, cooking appliances, and other home-focused products.

The company's opportunity is not limited to Australia. Breville has been expanding internationally for years, giving it exposure to large overseas markets where its brand can keep building recognition.

This gives the business a long growth runway if it can continue launching popular products, expanding distribution, and protecting margins.

Morgans is positive on the company and has a buy rating and $36.75 price target on its shares. Based on the current Breville share price, this implies potential upside of approximately 20%.

Catapult Group International Ltd (ASX: CAT)

Another ASX growth share that brokers rate as a buy is Catapult.

It provides performance technology for sporting teams and athletes. Its products help clubs measure movement, workload, training intensity, match output, and other performance data.

This places Catapult in a niche but global market. Professional sport is increasingly data-driven, with teams looking for small advantages in preparation, recovery, injury prevention, and tactical analysis.

The company has a very large growth runway if it can become more deeply embedded in the daily operations of teams, leagues, and performance departments. That can make its software and data increasingly valuable over time. It also gives Catapult room to improve the quality of its revenue as more customers use its platform across multiple products.

Morgans has a buy rating and $5.40 price target on Catapult shares. Compared with the current share price of $3.15, this suggests potential upside of approximately 71%.

Pro Medicus Ltd (ASX: PME)

A third ASX growth share to consider is Pro Medicus.

The medical imaging software provider has become one of the ASX's standout technology success stories. Its Visage platform is used by hospitals and radiology networks to view, manage, and interpret large medical imaging files.

This is a demanding area of healthcare technology. Speed, reliability, image quality, and integration all matter because clinicians need systems they can trust.

Its shares are often priced for high expectations, so volatility should be expected. But the company's margins, execution record, and global opportunity make it worthy of holding tightly to for the long term.

Bell Potter has a buy rating and $226.00 price target on Pro Medicus shares. Based on its current share price of $164.55, this implies potential upside of approximately 37%.

The post 3 incredible ASX growth shares tipped to rise 20% to 70% appeared first on The Motley Fool Australia.

That's because analysts have recently named them as buys and tipped them to rise 30% or more. Here's what they are recommending:

Breville Group Ltd (ASX: BRG)

The first ASX growth share to look at is Breville.

It has spent years building a premium global appliances business. Its products enjoy strong positions in categories such as coffee machines, food preparation, cooking, and kitchen appliances.

The company has a large opportunity with its international expansion, particularly in markets where premium home cooking and coffee products still have plenty of room to grow.

But that does not make it immune from consumer weakness. Shoppers can delay bigger discretionary purchases when household budgets are tight. But Breville's brand strength and offshore growth runway mean it could still have plenty of long-term potential.

Last week, the team at Citi put a buy rating and $39.85 price target on Breville shares. This implies potential upside of approximately 33%.

Life360 Inc (ASX: 360)

Another ASX growth share that brokers are bullish on is Life360.

This location technology and family safety company has been growing its revenue and earnings at a rapid rate for many years.

This has been driven by strong growth in monthly active users (MAUs), which currently sits just short of 100 million. But Life360 isn't settling for that. Management is guiding to 17% to 20% growth in MAUs in 2026.

This bodes well for the future as it gives it a larger pool to convert into paid subscriptions and to monetise with its advertising business.

Life360 still needs to execute carefully. A business handling location data must maintain trust, and investors will keep watching margins and customer growth closely.

But its combination of global scale, subscription revenue, and a clear consumer use case makes it one of the more exciting growth stories on the ASX.

Bell Potter recently put a buy rating and $33.00 price target on Life360 shares. This suggests potential upside of approximately 55%.

WiseTech Global Ltd (ASX: WTC)

A third ASX growth share to consider buying is WiseTech.

It provides software for the global logistics industry with its leading CargoWise platform, which helps freight forwarders and logistics companies manage complex international shipments, compliance, documentation, customs, and supply chain workflows.

This is not a glamorous market, but it is an enormous one. Global trade is complicated, and logistics companies need software that can handle scale, regulation, and cross-border movement efficiently.

WiseTech's advantage is that it is solving deeply technical problems for customers that rely on its systems to operate. That can make the platform sticky once embedded.

Bell Potter put a buy rating and $71.75 price target on WiseTech shares this week. This implies potential upside of approximately 94%.

The post 3 buy-rated ASX growth shares tipped to rise 30%+ appeared first on The Motley Fool Australia.

I prefer businesses with more practical growth stories. They help families, advisers, consumers, and households solve real problems, and they still have room to grow over time.

The three ASX growth shares in this article all look very different. But I think each could be a strong long-term wealth creator if management continues to execute successfully.

Life360 Inc. (ASX: 360)

Life360 is one ASX growth share I would consider buying for exposure to the changing way families use technology.

The company is best known for its family location and safety app. That may sound simple, but I think the emotional value of the product is what makes it interesting.

Parents want to know their kids have arrived safely. Families want to stay connected without sending constant messages. Drivers want support if something goes wrong. Older family members may want an extra layer of reassurance.

That gives Life360 a role in everyday family life, not just occasional app usage.

The business also has several avenues for growth from here. Subscriptions remain important, but advertising, roadside assistance, driving insights, location-based tools, and artificial intelligence (AI) features could all add to the opportunity over time.

What I like most is that Life360 already has scale with almost 100 million monthly active users. A large user base gives the company room to improve monetisation without needing every dollar of growth to come from new users.

There are risks to consider, including privacy expectations, competition, and the need to keep users engaged. But I think Life360 has the sort of global consumer platform that could become much more valuable over the next decade.

Hub24 Ltd (ASX: HUB)

Hub24 is another ASX growth share I rate highly.

The company provides investment platform technology used by financial advisers and their clients.

I think it is a very attractive niche. Financial advice is becoming more demanding. Clients may have superannuation, managed accounts, pensions, tax considerations, estate planning needs, and changing goals. Advisers need systems that help them manage that complexity without drowning in administration.

Hub24 sits right in that workflow.

The appeal is not only about the growth of funds under administration. It is the way modern platforms can become central to an advice practice. Once advisers are using a platform every day, switching can be inconvenient and costly.

I also think there is still plenty of room for market share gains. Wealth management in Australia is large, and advisers continue to look for better technology, better service, and more efficient tools.

Competition remains strong, and platform businesses can be sensitive to market falls. But I think Hub24 has built a strong brand in an industry where trust and service quality matter.

Breville Group Ltd (ASX: BRG)

Breville is a different kind of growth share.

It is not a software platform or app business. It is a premium appliance company with a global brand.

What I like about Breville is that its best products can become part of daily routines. Coffee machines are the clearest example. For many customers, at-home coffee is not a one-off purchase decision. It becomes a habit.

That gives Breville a strong foundation if it can keep designing products that feel premium, useful, and worth paying more for.

I also think the company still has international growth potential. A good brand can travel if the product quality, design, distribution, and pricing are right.

There are risks around consumer spending, competition, tariffs, and currency movements. But I like Breville's mix of brand strength, product innovation, and global opportunity.

Foolish takeaway

The shares I like most for long-term growth are not always the loudest names in the market.

I am drawn to companies that can become more useful to their customers over time. Life360 can deepen its role in family safety, Hub24 can become more important to financial advisers, and Breville can keep building a global premium appliance brand.

If these businesses keep improving, I think they could reward patient investors over the years ahead.

The post 3 ASX growth shares I'd buy to build long-term wealth appeared first on The Motley Fool Australia.

That is more than enough to start building exposure to some high-quality ASX 200 shares. The key is to focus on businesses with strong brands, durable earnings, and long-term growth opportunities.

With that in mind, here are three ASX 200 shares that could be worth a closer look.

Breville Group Ltd (ASX: BRG)

The first share to look at is Breville. It has become one of the ASX's more interesting global consumer businesses. It sells premium kitchen appliances across categories such as coffee, cooking, food preparation, and other home products.

What stands out is the company's ability to turn everyday appliances into higher-value products. A coffee machine is not just a coffee machine when customers are prepared to pay for better design, performance, and reliability.

That premium positioning has helped Breville build a brand that travels well beyond Australia. The United States is already a major market for the company, and there is still room to grow in other international regions.

Consumer spending can move through cycles, so investors should expect some bumps along the way. But Breville's product discipline, brand strength, and global runway make it a compelling growth option.

ResMed Inc (ASX: RMD)

Another ASX 200 share that could be worth considering is ResMed.

The company is a global leader in sleep apnoea treatment and respiratory care. Its devices, masks, accessories, and connected health platforms help patients manage chronic conditions and improve sleep quality.

This gives ResMed exposure to a large healthcare market with structural growth drivers. Sleep apnoea remains underdiagnosed in many countries, and awareness of the condition continues to increase.

The company also benefits from repeat demand. Once patients are using its devices, many continue to purchase masks, accessories, and support products over time.

That combination of medical need, global scale, and recurring product demand gives ResMed a strong long-term growth profile.

TechnologyOne Ltd (ASX: TNE)

A third ASX 200 share to consider for a $2,000 investment is TechnologyOne.

TechnologyOne provides enterprise software to organisations such as councils, universities, government departments, and large businesses. These customers use its systems to manage important functions across finance, payroll, assets, students, and administration.

Once software becomes embedded in these workflows, replacing it can be disruptive and costly. That gives TechnologyOne a sticky customer base and a strong recurring revenue foundation.

The company has also been expanding through its cloud-based model and growing internationally, particularly in the United Kingdom. This could provide another source of growth over the years ahead.

Overall, its consistency, defensive customer base, and scalable software model arguably make it one of the ASX's standout technology businesses.

The post Where to invest $2,000 in ASX 200 shares in June appeared first on The Motley Fool Australia.

Well, brokers are bullish on the three ASX growth shares below, which could make them worth a closer look this month. Here's what you need to know:

Breville Group Ltd (ASX: BRG)

The first ASX growth share to look at is Breville.

Breville has turned kitchen appliances into a global premium brand. That may sound simple, but it is not easy to do. Consumers can buy cheap alternatives in almost every category Breville operates in, yet the company has built a reputation that allows it to compete on design, quality, and performance.

Its strength is not just one product. Coffee machines, ovens, food preparation, and other categories give Breville multiple ways to grow across different markets.

The company is also still early in its global opportunity. It has already proven that its brand can travel, but there remains room to deepen its presence in North America, Europe, and other regions.

Morgans is bullish on the company. It recently put a buy rating and $36.75 price target on its shares.

NextDC Ltd (ASX: NXT)

Another ASX growth share that could be worth buying is NextDC.

NextDC owns and develops data centres. These are becoming a critical part of the modern economy as companies need more computing power, storage, connectivity, and access to cloud platforms.

The next wave of demand could be even more powerful. Artificial intelligence (AI) is increasing the need for high-performance digital infrastructure, and many organisations will need more capacity to manage the workloads that come with it.

NextDC is investing heavily to meet this demand. That can weigh on near-term earnings and cash flow, but it also gives the company a larger platform to grow from over the next decade.

Ord Minnett is a fan of NextDC. It has a buy rating and $21.50 price target on its shares.

Xero Ltd (ASX: XRO)

A third ASX growth share for investors to consider is Xero.

Xero has spent years building a platform that small businesses rely on to manage their finances. But the long-term opportunity is not just accounting software.

Small businesses often have fragmented systems for invoicing, payroll, payments, reporting, tax, and adviser communication. Xero's opportunity is to bring more of that work into one connected platform.

That is important because time is one of the most valuable resources for small business owners. Software that removes admin tasks, improves visibility, and helps businesses make better decisions can become very sticky.

The company also has a large international runway. Its growth in markets such as the United Kingdom and North America could be important if it continues increasing customer numbers and revenue per user.

Macquarie is very bullish and has an outperform rating and $235.80 price target on Xero's shares. This is almost triple its current share price.

The post 3 amazing ASX growth shares to buy with $15,000 appeared first on The Motley Fool Australia.

They do not fit neatly into any of the narratives dominating the market in 2026.

Breville Group Ltd (ASX: BRG) is a perfect example.

The Sydney-based designer and distributor of premium kitchen and home appliances operates across more than 70 countries, generates consistent earnings growth, and has outperformed its global industry peers for the better part of a decade.

Yet Breville shares are down approximately 23% from their peak of $37.11, and barely anyone is talking about them.

This has created an interesting situation for patient investors.

Why Breville keeps outperforming its peers

Breville does not compete on price.

The company rather competes on design, innovation, and the aspirational appeal of its premium brands. These include Breville in Australia and the US and Sage in Europe and the UK.

Breville's positioning insulates the business from the margin pressure that squeezes lower-end appliance manufacturers when commodity costs rise or consumer budgets tighten.

Macquarie has been tracking the global small appliance industry for years and its data offers clear insight.

Breville has outperformed the industry benchmark by approximately 11% per annum between 2018 and 2024.

Most remarkably, Breville is one of only a handful of global appliance companies whose revenue is currently above pandemic-era peaks, a group that also includes Nespresso and De'Longhi.

Every other major player is still trying to recover to their 2021 revenue levels. Meanwhile, Breville has already blown past them.

The FY2025 result confirmed the momentum

The most recent full-year result delivered further evidence of the outperformance story.

Breville reported FY2025 revenue growth of 10.9% and a 14.6% increase in NPAT, with the global products segment. This segment accounts for the overwhelming majority of revenue, delivering constant currency growth of 13.0% in the December 2024 half.

The coffee segment continues to be the primary growth engine, benefiting from the ongoing premiumisation trend in home coffee preparation that accelerated during the pandemic.

New market development, particularly in Asia and Latin America, is adding a further growth dimension that is still in its early stages.

What Macquarie thinks about Breville shares

Macquarie retained its outperform rating on Breville shares this week with a $37.10 price target.

The broker was pleased with the most recent industry data.

At the current Breville shares price of approximately $26.26, that $37.10 target implies upside of approximately 30%.

Furthermore, Macquarie forecasts Breville's dividend to grow from 39.1 cents per share in FY2026 to 51.1 cents by FY2028.

This is a 31% increase in the payout over three years, backed by earnings growth the broker describes as highly visible given the company's long order pipeline and global distribution reach.

The risks worth acknowledging

Breville is not without risk.

Consumer discretionary spending is under pressure from the RBA's rate hiking cycle, and a sustained deterioration in household budgets could delay appliance upgrade cycles.

The strong Australian dollar reduces the AUD value of overseas earnings when translated back to domestic reporting currency.

Lastly, tariff risk in the United States, where a significant portion of revenue is earned, has not fully resolved despite some moderation in the trade tension environment.

Foolish takeaway

Breville shares have drifted lower while the underlying business has kept outperforming every global benchmark the industry tracks.

Macquarie has done the homework and arrived at a bull case backed by three years of forecast dividend growth.

For investors looking for a quality consumer stock that the market has temporarily lost interest in, Breville shares look like exactly the kind of opportunity that tends to reward patient investors.

The post Breville shares could be the most underrated consumer shares on the ASX right now appeared first on The Motley Fool Australia.

I think the key is approaching it the right way. Trying to turn $20,000 into $100,000 quickly can push investors towards risky choices, overhyped and speculative stocks, or businesses they do not really understand.

I would rather think about the question through the lens of compounding.

The target is a fivefold return. That sounds ambitious, but it does not require a miracle if the investor has enough time and owns the right types of assets.

What to target

If an investor achieved an average annual return of 9%, a $20,000 investment could grow to $100,000 in roughly 19 years.

That return is not guaranteed. Some years could be excellent, some flat, and some negative. But I think a 9% annual return is a useful long-term assumption for understanding how wealth can be built through ASX shares.

What stands out to me is that the investor does not need to find a stock that rises fivefold next year.

They need a sensible return, repeated over a long period.

That is the part of investing that often gets overlooked. Wealth is not only built by spotting one spectacular winner. It can also come from owning quality businesses, reinvesting returns, and giving the market enough time to work.

What I'd buy

If I were trying to turn $20,000 into $100,000, I would focus on quality and growth.

That could include a broad ASX exchange-traded fund (ETF) for simple market exposure, such as the Vanguard Australian Shares Index ETF (ASX: VAS) or the iShares S&P 500 AUD ETF (ASX: IVV). This would give investors exposure to a wide range of Australian and US stocks in one investment.

But I would also want exposure to individual businesses that could grow earnings at a good rate over time.

For example, REA Group Ltd (ASX: REA) has one of the strongest digital platforms in Australia through realestate.com.au. Its market position offers several avenues for growth through premium listings, data, agent tools, property insights, and finance leads.

Macquarie Group Ltd (ASX: MQG) is another type of long-term compounder I like. It has exposure to asset management, infrastructure, commodities, private capital, and global markets. Its earnings can move around, but its ability to adapt has been a major strength over time.

I would also look at businesses with strong brands and global opportunities. Breville Group Ltd (ASX: BRG) is a good example. It has built a premium appliance brand with growth potential across coffee and kitchen products, as well as international markets.

Patience is the hard part

The biggest challenge is not the calculation. It is staying invested.

A 19-year journey will almost certainly include market sell-offs, recessions, disappointing company updates, and periods where investors feel like nothing is happening.

That is normal. The danger is giving up too early, selling quality shares during weak periods, or constantly jumping between ideas in search of faster returns.

If the investment case remains intact, I think time can be a powerful advantage.

Foolish Takeaway

Turning $20,000 into $100,000 with ASX shares is possible, but I think investors need the right mindset.

The goal is not to force a quick fivefold return. It is to own assets that can compound steadily and give them enough time to grow.

A 9% annual return could get the job done in roughly 19 years. That may not sound exciting at first, but I think that is the point. Successful investing often looks ordinary in the early years before the results become impressive later on.

The post Can you turn $20,000 into $100,000 with ASX shares? appeared first on The Motley Fool Australia.

But the share market does not need drama to build wealth. It needs time, consistency, and a sensible return.

Getting wealthy with ASX shares

If an investor put $300 a month into ASX shares and achieved an average annual return of 9%, the numbers could become surprisingly powerful.

After 10 years, the investment could be worth around $57,000.

After 20 years, it could grow to around $195,000.

After 30 years, it could reach roughly $515,000.

And after 40 years, it could become almost $1.3 million.

Those figures are not guaranteed. Markets will not deliver 9% every year in a neat line. But I think they show why regular investing can be so effective.

Why $300 a month can work

The early years can feel slow.

That is because the investor is doing most of the work at the beginning. The monthly contributions are larger than the returns being generated.

But over time, the balance shifts.

As the invested amount grows, the returns can start adding much more to the final outcome. A 9% return on $10,000 is $900. A 9% return on $500,000 is $45,000.

That is the same percentage return, but a very different dollar result.

This is why I think regular investing is so underrated. It does not require perfect timing. It simply requires putting money to work often enough and staying invested long enough for compounding to become more powerful.

What I'd look for

If I were investing $300 a month, I would focus on quality businesses with long growth runways.

That could include companies that already have strong positions but still have room to become more valuable over time.

Life360 Inc (ASX: 360) is one example of the sort of growth business I would study. It has a large global user base and multiple revenue streams from family safety, subscriptions, advertising, and connected services.

Breville Group Ltd (ASX: BRG) is another type of long-term compounder I like. Its strength is not just selling appliances. It is building a premium global brand around better design, performance, and habits, like at-home coffee.

I would also look at businesses with more defensive or repeat-purchase qualities. Coles Group Ltd (ASX: COL) may not deliver explosive growth, but groceries are a category households keep coming back to. That kind of steadiness can be useful over long periods.

Sigma Healthcare Ltd (ASX: SIG) is another interesting one because pharmacy, health, beauty, and wellness spending can be very regular. Scale, brand reach, and customer frequency can all become valuable when a business keeps executing.

And in financial services, Netwealth Group Ltd (ASX: NWL) is the sort of platform business I would watch closely. Advisers need efficient systems, clients need better investment administration, and wealth management continues to modernise.

I'd keep it flexible

The exact ASX shares do not need to stay the same forever.

A good investing habit should be flexible enough to improve over time. Some months may be better suited to exchange-traded funds (ETFs). Other months may offer better value in individual ASX shares.

What I would avoid is waiting for the perfect opportunity before starting. The longer an investor delays, the harder compounding has to work later.

Foolish Takeaway

Getting wealthy from $300 a month is not about finding one magic ASX share.

It is about turning investing into a repeatable habit and giving that habit decades to build momentum.

There will be market falls, disappointing company updates, and years where progress feels slow. But that is part of the process. If the money keeps going into quality opportunities and the investor stays patient, $300 a month can grow into a life-changing sum over time.

The post How to get wealthy investing $300 a month into ASX shares appeared first on The Motley Fool Australia.

Three top ASX shares that leading brokers have named as buys this week are outlined below. Here's why they are bullish on them:

Breville Group Ltd (ASX: BRG)

According to a note out of Macquarie, its analysts have retained their outperform rating and $37.10 price target on this appliance manufacturer's shares. The broker has been looking at industry data and was pleased with what it saw. This is especially the case given that Breville has outperformed its industry benchmark over almost the whole of the last decade. The good news is that Macquarie appears to believe that this positive form can continue given its coffee products focus and expansion into new markets. It highlights China, India, and Japan as key growth markets for Breville over the long term. The Breville share price is trading at $28.89 on Monday.

Judo Capital Holdings Ltd (ASX: JDO)

A note out of Morgans reveals that its analysts have retained their buy rating on this small business lender's shares with an improved price target of $2.15. The broker was pleased to see Judo Capital announce a securitisation transaction that is backed by small-medium business loans last week. Given that Judo Capital's CET1 capital ratio was heading towards 11.5%, and breaching its target, the broker was expecting the company to have to launch a capital raising. However, due to this smart move by management, it shouldn't need to. Looking ahead, the broker remains positive on the investment opportunity here and believes Judo Capital will deliver strong earnings growth between FY 2026 and FY 2028. The Judo Capital share price is fetching $1.49 at the time of writing.

Newmont Corporation (ASX: NEM)

Analysts at UBS have retained their buy rating and $195.00 price target on this gold giant's shares. According to the note, the broker has been busy looking at the gold sector and the impact that higher costs could have on miners. It notes that this is coming at a time when the spot gold price has pulled back meaningfully from its highs and consensus expectations. While this is bad news for many gold miners, UBS highlights that Newmont has exposure to copper, which it believes will soften the blow. As a result, it remains positive and has named the company as one of its preferred gold exposures. The Newmont share price is trading at $150.72 on Monday afternoon.

The post Leading brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

The S&P/ASX 200 Index (ASX: XJO) rose 0.86% amid volatile trading to 8,731.7 points by Friday's close.

There was a strong 1.62% rally on Friday on fresh hopes of an imminent deal between the US and Iran.

Meanwhile, softer-than-expected inflation data on Wednesday quelled fears of further interest rate hikes ahead.

Annual headline inflation fell to 4.2% in April, down from 4.6% in March, according to the Australian Bureau of Statistics.

That's why consumer discretionary shares outperformed their peers last week.

Let's take a look at some individual stock price movements.

Consumer discretionary shares led the ASX sectors last week

The Wesfarmers Ltd (ASX: WES) share price lifted 6.84% over the week to finish at $79.79.

The Lottery Corporation Ltd (ASX: TLC) share price rose 4.43% to $5.42.

The Light & Wonder Inc (ASX: LNW) share price ascended 1.68% to $116.73.

JB Hi-Fi Ltd (ASX: JBH) shares rose by 2.45% to finish the week at $74.49.

Shares in furniture retailer Harvey Norman Holdings Ltd (ASX: HVN) lifted 5.01% to $4.61.

Super Retail Group Ltd (ASX: SUL) shares rose 5.77% to $11.73 apiece.

Lovisa Holdings Ltd (ASX: LOV) shares increased 6.08% to close at $23.22.

ASX 200 travel stock Flight Centre Travel Group Ltd (ASX: FLT) ripped 9.08% to $10.93 per share.

Shares in Premier Investments Limited (ASX: PMV) zoomed 7% higher to $12.53.

Some ASX 200 retail shares did not follow the broader sector trend last week.

Eagers Automotive Ltd (ASX: APE) shares fell 2.61% to $20.89 apiece.

The Guzman Y Gomez Ltd (ASX: GYG) share price eased 0.76% to $19.66.

Shares in gaming technology company Aristocrat Leisure Ltd (ASX: ALL) dipped 0.63% to $50.10.

The Breville Group Ltd (ASX: BRG) share price moderated 0.21% to $28.94.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

The post Why did ASX 200 retail shares lead the market last week? appeared first on The Motley Fool Australia.

We don't have to rush when it comes to investing, we can wait for the right opportunity to come along. Prices and economic conditions are always changing, so at some point we will get the opportunity we're looking for.

I believe both businesses are undervalued for what they could achieve over the next three or so years.

Breville Group Ltd (ASX: BRG)

Breville is a leading example of an Australian business that has successfully expanded overseas. It's best-known for its Breville brand of coffee machines and other small appliances, but it also owns Sage, Lelit, Baratza and Beanz.

It looks like a good time to consider the Breville share price because it has fallen more than 20% since August 2025, as the below chart shows.

While the operating environment is more challenging than it was a couple of years ago, the business continues to grow globally.

In the FY26 half-year result, its dominant global product segment saw Americas revenue growth of 11.6% to $549.5 million, Asia Pacific revenue growth of 5.9% to $190.3 million and EMEA (Europe, the Middle East and Africa) growth of 13.7% to $233.8 million.

I believe the business is well positioned to continue delivering double-digit revenue improvement as it expands in markets where there's plenty of room for growth for coffee consumption such as South Korea and China.

Once the business has finished adjusting its manufacturing for the US market to countries without the same tariff negatives as China, then I think there's good scope for strong profit growth for Breville.

According to the profit projection on CMC Invest, the Australian stock is forecast to grow profit by around 30% between FY26 to FY28. It's currently valued at less than 24x FY28's estimated earnings.

JB Hi-Fi Ltd (ASX: JBH)

JB Hi-Fi is a leading electronics and appliance retailer, with four different businesses – JB Hi-Fi Australia, JB Hi-Fi New Zealand, The Good Guys and E&S.

I believe this looks like a good time to invest because the JB Hi-Fi share price has fallen by 32% in the past year, as the below chart shows.

Higher inflation and interest rates may well be a headwind for the Australian stock in the shorter-term. But, sales performance remains solid – in the third quarter of FY26, JB Hi-Fi Australia sales were up 4% year over year, The Good Guys sales were up 2.5% and JB Hi-Fi New Zealand sales were up 23.2%.

I think JB Hi-Fi's revenue and earnings are more defensive than the market is giving the business credit for, with consistent demand for things like phones, computers and appliances.

The business is predicted to generate $4.50 of earnings per share (EPS) in FY26, according to the forecast on CMC Invest. That puts the business at 16x FY26's estimated earnings. It could also pay a FY26 grossed-up dividend yield of 6.8%, including franking credits.

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They should not be followed blindly. Brokers can be wrong, forecasts can change, and target prices can move quickly. But when a broker's thesis lines up with my own view, I think it is worth paying attention.

Morgans currently has buy recommendations on the three ASX 200 shares in this article. I also rate all three as buys.

Xero Ltd (ASX: XRO)

The first ASX 200 share is Xero.

The small business accounting software company recently reported a better-than-expected FY26 result, and Morgans believes the FY27 outlook commentary was also ahead of expectations.

What I like about Xero is that it is no longer just an accounting software business in the narrow sense. It has the chance to become a more complete financial operating system for small businesses.

That could include accounting, payroll, invoicing, payments, tax, reporting, cash flow tools, and eventually more artificial intelligence (AI)-driven support.

Morgans noted that investors appeared cautious about the risk and reward from AI disruption. I can understand that. AI could change the way small businesses interact with software over time.

But I see AI as more of an opportunity than a simple threat for Xero. If management can use it to make the platform more valuable, save customers time, and unlock new monetisation options, I think the long-term runway remains attractive.

Morgans has retained its buy recommendation and $111 target price on the stock.

Breville Group Ltd (ASX: BRG)

Breville is another ASX 200 share I like.

This is a premium appliance business with a strong position in coffee machines, kitchen products, and other higher-quality household appliances.

What makes Breville interesting to me is the way it has built a global brand around better design, performance, and the at-home coffee routine. It is not just selling appliances. It is selling products that can become part of a daily habit.

Morgans is also positive on the stock. The broker pointed to encouraging updates from relevant offshore peers, including businesses with premium appliance exposure, innovation-led product development, coffee exposure, and geographic expansion.

That is a useful read-through for Breville because it suggests premium appliance demand has not disappeared, even with a challenging consumer backdrop.

I still think investors need to be realistic. Breville can be affected by consumer confidence, currency movements, tariffs, and competition.

But I like the company's brand, product pipeline, and international growth opportunity. In my view, it remains one of the better consumer growth shares on the ASX.

CSL Ltd (ASX: CSL)

The third ASX 200 share is CSL.

This has been a painful stock for many investors. The healthcare giant has faced downgrades, weaker confidence, and concerns around its plasma business.

Morgans recently reduced its forecasts and target price following CSL's downgrade of guidance. The broker pointed to issues including China albumin price pressure, US immunoglobulin channel inventory normalisation, paused Iran sales, and weaker sales in some areas.

However, the important point is that Morgans still has a buy recommendation, with a target price of $147.59.

I agree with the broader thinking. CSL's issues look serious, but I do not think they prove the business is structurally broken.

The company still has global leadership positions, large end markets, and exposure to healthcare demand that should continue to grow over time. Recovery may take years, and investors should not expect the old CSL story to simply reappear overnight.

But the valuation now looks much more interesting. If management can improve execution and rebuild confidence, I think patient investors could be rewarded.

Foolish takeaway

I like all three of these ASX 200 shares, but for different reasons.

What stands out is not simply that Morgans has buy ratings on them. It is that each stock has a credible path to being worth more over time, despite some clear risks.

Xero has a larger software opportunity ahead, Breville has a premium global brand, and CSL has recovery potential from a much lower level of confidence. For investors willing to be patient, I think all three are worth considering today.

The post 3 popular ASX 200 shares that experts rate as strong buys appeared first on The Motley Fool Australia.

The key is finding ASX 200 shares with strong business models and positive long-term growth outlooks.

To narrow things down, listed below are two ASX 200 shares that could provide investors with all the above.

Here's what you need to know about them:

Breville Group Ltd (ASX: BRG)

Breville is one ASX 200 share that has quietly built a very impressive global business.

The company is best known for premium kitchen appliances, but the real attraction is the strength of its brand. Breville has shown it can take everyday categories such as coffee machines, ovens, and food preparation, then lift the customer experience through design, performance, and clever product development.

That is a great quality to have because premium consumer brands can be powerful when managed well. Customers are often willing to pay more for products they trust, particularly when the brand has a reputation for quality.

Breville also still has plenty of room to grow internationally. Its opportunity is not just selling more products in Australia. It is about expanding across larger offshore markets, broadening its product range, and deepening its presence with consumers who are willing to spend on better home experiences.

All in all, the company's global brand, product discipline, and long-term market opportunity could make it one of the strongest consumer growth shares on the ASX.

WiseTech Global Ltd (ASX: WTC)

WiseTech Global is arguably one of the ASX 200's standout technology shares.

The company provides the CargoWise logistics software used by freight forwarders, customs brokers, and supply chain operators around the world.

Global logistics is difficult, fragmented, and full of manual processes. Software that can make those workflows faster, more accurate, and more connected can become very valuable. This has underpinned significant annualised recurring revenue (ARR) growth over the past decade.

WiseTech also benefits from customer stickiness. Once a logistics business has built its operations around CargoWise, switching to another platform can be disruptive and risky.

The company's valuation often reflects high expectations, so investors should expect share price volatility. But WiseTech has a large global market, a specialist software platform, and a long runway to keep expanding its role in global logistics.

And with its shares down heavily over the past 12 months, now could be an opportune time for investors to snap them up with a long-term mindset.

The post 2 of the best ASX 200 shares to buy with $10,000 appeared first on The Motley Fool Australia.

Some Australian businesses have attempted to expand overseas, but it simply hasn't worked, such as Wesfarmers Ltd (ASX: WES)'s Bunnings UK effort.

But the two ideas I'm about to outline show how successful businesses can be when global growth is done well.

Breville Group Ltd (ASX: BRG)

Breville is one of the leading coffee machine and small appliance businesses in the world. It has a number of brands, including Breville, Sage, Lelit, Baratza, and Beanz.

It's truly a global business when you look at where its revenue and growth are coming from.

In the FY26 half-year results, the business reported solid, across-the-board growth in global product segment revenue (which accounts for most of its revenue). Americas revenue grew 11.6% to $549.5 million, Asia Pacific revenue increased 5.9% to $190.3 million, and EMEA (Europe, Middle East and Africa) revenue rose 13.7% to $233.8 million.

Overall, HY26 revenue rose by 10.9% to $973.6 million, despite the impacts of US tariffs during the period.

There are two growth areas I'm particularly excited about. First, it's expanding geographically, and I think this bodes well for future revenue growth and scale benefits. China, South Korea, and the Middle East could all be growth drivers for the foreseeable future.

Secondly, the company's coffee bean segment is growing rapidly. In the 2025 calendar year, kilos shipped grew by 75% year over year, new customers rose by 89%, and subscriptions soared by 97%.

I think this high-quality ASX 200 share is on track for a very good future.

According to CommSec's collation of analyst opinions, there are currently 13 buy ratings on the ASX 200 share.

Goodman Group (ASX: GMG)

Goodman is one of the world's leading owners and developers of industrial properties. It says its real estate comprises high-quality, sustainable logistics properties and data centres in major global cities.

The ASX 200 share has a presence in Australia, New Zealand, Asia, Europe, the UK, and the Americas. In other words, most of the economically developed world.

The steady drum of project completions regularly adds to its portfolio value and operating earnings. In the FY26 half-year result, it reported work in progress (WIP) of $14.4 billion across 51 projects, with a forecast yield on cost of 8.1%. Data centres currently account for 73% of the development WIP – a major growth area.

Its operating earnings are growing at a good pace. For HY26, it reported like-for-like net property income (NPI) growth of 4.2%, and it expects FY26 operating earnings per security (EPS) growth of 9%.

According to the CommSec collation of analyst opinions, there are currently 11 buy ratings on the ASX 200 share.

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By the time confidence returns, some of the best opportunities may already have moved. That is why it can be worth looking for quality ASX shares while sentiment is still mixed.

The aim is not to chase the hottest stock of the week. It is to find businesses with strong long-term drivers that could benefit when investors become more willing to back growth again.

Here are three ASX shares I'd be looking at before the next market rally.

Breville Group Ltd (ASX: BRG)

Breville is an ASX share I'd be happy to buy before confidence improves.

The company has built a global premium appliance business with coffee at the centre of its growth story. Its espresso machines have benefited from the shift toward better coffee at home, particularly among consumers willing to pay for quality.

That category gives Breville more than a one-off product sale. Coffee sits in daily routines, and the company has built credibility with consumers who care about performance, design, and consistency.

Breville also has room to grow internationally through its Breville, Sage, Baratza, and Lelit brands. Expansion in the United States, Europe, and newer markets gives the business several levers beyond Australia.

If consumer sentiment improves and premium spending stabilises, Breville could be well placed to keep building on its global growth story.

Megaport Ltd (ASX: MP1)

Megaport is a smaller and more volatile idea, but its market opportunity is significant.

This ASX share helps businesses connect to cloud providers, data centres, and networks through its on-demand connectivity platform. As companies continue shifting workloads into the cloud, the need for flexible digital infrastructure keeps growing.

Megaport's recent acquisition of Latitude.sh expands the company beyond connectivity and into compute infrastructure, increasing its addressable market.

That is important because cloud and artificial intelligence demand are not only software stories. They require networks, compute capacity, and infrastructure that can scale quickly.

Megaport still has to execute well. But if it can turn its broader platform into stronger revenue and earnings growth, the share price could have significant upside over the long term.

ResMed Inc (ASX: RMD)

ResMed Inc remains one of the highest-quality healthcare businesses on the ASX.

The company develops devices, masks, and software used to treat sleep apnoea and other breathing-related conditions. These are not discretionary products. They sit in an area of healthcare where diagnosis, treatment, and ongoing patient management is important.

What makes ResMed interesting is the size of the untreated market. Management estimates that there are over 1 billion sufferers of sleep apnoea globally, with the vast majority still undiagnosed. This means demand can continue growing as awareness improves and more patients enter treatment.

The company also benefits from connected devices and digital tools that help patients and healthcare providers manage therapy over time. That gives ResMed a stronger position than a simple medical device manufacturer.

If investors rotate back toward reliable global growth businesses, ResMed could be one of the ASX shares that attracts attention.

The post I'd buy these 3 ASX shares before the next market rally appeared first on The Motley Fool Australia.

But I think the three ASX growth shares in this article have the potential to grow at a rate that could support a doubling in under seven years.

That would need a return of just over 10% per year. Here's why I think they could achieve this.

Lovisa Holdings Ltd (ASX: LOV)

Lovisa is one of the more interesting global retail growth stories on the ASX.

The jewellery retailer has already expanded into more than 50 markets, but I do not think the store rollout opportunity is finished. In fact, that is the main reason I think the business could still have a lot of growth ahead.

Lovisa's model is attractive because it is simple, repeatable, and relatively capital-light compared with many larger-format retailers. It sells affordable fashion jewellery, has small stores, and can take the format into many different shopping centres and markets around the world.

It opened 85 new stores in the first half of FY26, with strong growth across Europe and the Americas.

Importantly, it achieved this with an attractive margin profile. Lovisa reported an underlying gross margin of 82.9% in the half. That gives the business a lot of room to invest in growth while still producing strong profitability.

There are risks. Retail execution matters, consumer spending can weaken, and international expansion is never easy. But if Lovisa can keep opening profitable stores and improving performance in existing markets, I think the business could be materially larger by the early 2030s.

Breville Group Ltd (ASX: BRG)

Breville is another ASX growth share I think has the right ingredients to outperform.

This is not just an appliance business. I think of Breville as a premium global consumer brand built around product quality, design, and the at-home coffee trend.

Coffee remains a major part of the growth story. Many consumers are still willing to spend on better machines, grinders, and accessories if it improves their daily routine. Breville has built a strong position in that market, particularly with its espresso machine range.

The company's record first-half performance was driven by double-digit revenue growth led by coffee. While tariffs have created pressure, Breville has been working through production diversification, pricing, and distribution mix to reduce the impact.

This is not a risk-free story either. Currency, tariffs, freight, consumer weakness, and competition can all affect earnings. But I think Breville has the kind of brand strength and global runway that could support strong long-term compounding if management keeps executing well.

Netwealth Group Ltd (ASX: NWL)

Netwealth is the third ASX growth share I think could double in under seven years.

The wealth platform business benefits from a powerful long-term trend. Financial advice is becoming more complex, and advisers need efficient platforms to manage client portfolios, reporting, administration, managed accounts, and investment options.

Netwealth has built a strong position as an independent platform, and its recent quarterly update showed the momentum is still there.

Total funds under administration reached $125.8 billion at the end of March, up 20.9% on the prior corresponding period. The company also reported $4 billion of net flows for the quarter, which helped offset weaker market movements.

That tells me the platform is still winning support from advisers and clients, even during volatile markets.

The key risk for me is valuation. High-quality platform businesses often trade on demanding multiples, so earnings need to keep growing. Competition from other platforms also remains a factor.

But if Netwealth can keep winning flows, adding accounts, and increasing platform scale, I think the long-term opportunity remains attractive.

Foolish Takeaway

I would not buy these ASX growth shares expecting a smooth ride. Lovisa depends on retail execution, Breville is exposed to global consumer demand, and Netwealth needs to keep attracting adviser flows in a competitive market.

But I think all three have genuine growth runways.

A doubling in under seven years is a high bar, but it does not require miracles. It requires strong businesses to compound faster than 10% per annum. In my view, these three ASX shares have enough quality, market opportunity, and growth potential to make that outcome possible.

The post 3 ASX growth shares I think can double in under 7 years appeared first on The Motley Fool Australia.

With that in mind, here are three ASX shares that could be much bigger in 10 years.

Breville Group Ltd (ASX: BRG)

Breville Group has spent years turning kitchen appliances into a global premium brand.

Coffee has been central to that story. The company's espresso machines have tapped into the shift toward higher-quality coffee at home, helping Breville build a strong position in a category with repeat customer engagement and premium pricing.

But Breville is not standing still. It continues to expand across geographies, brands, and product categories. Its portfolio now stretches across Breville, Sage, Baratza, and Lelit, giving it exposure to different regions and parts of the premium kitchen market.

The company also has a habit of turning product innovation into growth. That matters in a category where design, performance, and brand trust can influence buying decisions.

If Breville keeps deepening its presence in the US, Europe, and newer markets, it could continue to grow well beyond its current size.

Hub24 Ltd (ASX: HUB)

Hub24 is benefiting from a long-running shift in wealth management.

The company provides investment platform technology used by financial advisers and their clients. These platforms help manage portfolios, reporting, administration, and access to investments.

The important point is that advisers are still moving away from older legacy systems. That shift has created a long runway for modern platforms that are easier to use and more flexible.

Hub24 has been one of the clearest winners from this trend. As more funds move onto its platform, the company benefits from rising scale and operating leverage.

Australia's pool of investable wealth is large and still growing. That gives the company an attractive backdrop if it can keep winning adviser support and expanding funds under administration.

With structural tailwinds and a scalable platform, this ASX share could be far larger in 10 years.

Megaport Ltd (ASX: MP1)

Megaport is building a larger role for itself in digital infrastructure.

The ASX share started with a clear proposition: making it easier for businesses to connect to cloud providers, data centres, and networks on demand. That remains a useful service as companies continue moving workloads into cloud environments.

But the story has become more interesting following its acquisition of Latitude.sh. This adds compute capability to Megaport's existing connectivity platform and broadens its market opportunity.

In simple terms, the company is moving beyond helping customers connect to infrastructure. It is gaining exposure to more of the infrastructure stack itself.

That could be important as demand for cloud, AI workloads, and flexible digital capacity continues to rise.

If Megaport can successfully integrate Latitude.sh and keep expanding customer usage, it could be a very different business by the mid-2030s.

The post 3 ASX shares that could be much bigger in 10 years appeared first on The Motley Fool Australia.

I would want that money working across different parts of the market. That means avoiding three companies with the same drivers and instead looking for a mix of growth, financial exposure, and global opportunity.

Three ASX 200 shares I would consider buying with $20,000 are named in this article.

Breville Group Ltd (ASX: BRG)

The first ASX 200 share I would buy is Breville. It has built a premium consumer brand across kitchen appliances, with coffee machines at the centre of its global growth story.

I think the company is interesting because it is selling into a habit that can be very sticky. Coffee is part of many people's daily routines, and consumers are increasingly willing to spend on better at-home equipment if it improves the experience.

That gives Breville a useful position. Its products are designed to sit in the premium end of the market, where brand, performance, design, and customer trust are important.

The growth opportunity is also global. Breville already has a strong presence in several markets, but I think there is still room to expand its brand awareness, product range, and direct distribution over time.

There are risks. Consumer spending can weaken, tariffs can affect margins, and premium appliances are not immune to economic pressure.

But if Breville keeps building its brand and winning more households internationally, I think it could be a much larger business in a decade.

Netwealth Group Ltd (ASX: NWL)

The second ASX 200 share I would consider is Netwealth. It operates an investment platform used by financial advisers and their clients. It helps with portfolio administration, reporting, investment access, and client management.

I like this business because it sits inside one of Australia's most important long-term financial trends: the growth of personal wealth.

Australia has a huge pool of superannuation and investment assets. As more people approach retirement, inherit wealth, or seek professional advice, technology becomes increasingly important in managing that money efficiently.

Netwealth has built a strong reputation in the independent platform market. Advisers want systems that are easy to use, flexible, and reliable. Clients want better visibility over their investments.

That creates a good backdrop for Netwealth if it can keep winning flows and deepening adviser relationships.

The share price can be sensitive to market conditions because funds under administration can rise and fall with asset prices. Competition is also strong. But I think Netwealth has the kind of scalable model that can reward long-term investors if it continues taking share.

Macquarie Group Ltd (ASX: MQG)

The third ASX 200 share I would buy is Macquarie Group.

Macquarie is one of the most impressive financial businesses on the ASX in my view.

It is not a simple bank. It has operations across asset management, commodities and global markets, banking and financial services, and investment banking.

That gives Macquarie several ways to make money.

Some parts of the business can benefit from infrastructure investment. Others are exposed to commodities, energy transition, private markets, deal activity, and global capital flows.

I think that flexibility is one of the reasons Macquarie has created so much value over time.

Earnings can be uneven from year to year, and the share price can pull back when markets are weak or when deal activity slows. But I see Macquarie as a long-term compounder with a strong culture, global reach, and a proven ability to move capital into attractive opportunities.

Foolish Takeaway

I think this mix would give me exposure to three very different long-term stories.

Breville offers global brand growth, Netwealth gives exposure to the expanding wealth management platform market, and Macquarie adds a diversified financial business with global reach.

That is a useful spread for a $20,000 portfolio.

There will be weaker periods for all three shares, and valuation should still be watched. But if I were investing for the next five to 10 years, I would be happy to let these businesses work away in the background.

The post 3 ASX 200 shares I'd buy with $20,000 appeared first on The Motley Fool Australia.

Macquarie has identified two ASX 200 companies that will benefit from the use of AI, but it's fair to say the companies are nothing at all alike.

Let's look at the companies they are tipping as winners.

Megaport Ltd (ASX: MP1)

Megaport shares have jumped about 70% over the past month alone, but Macquarie is backing this company to more than double again.

Part of the reason Megaport is so attractive is that it has been winning some big contracts recently.

Just this week, it announced that its subsidiary Latitude.sh had secured three major GPU, CPU, network and storage contracts across two customers, "reinforcing Megaport's position as a critical infrastructure partner in the accelerating AI ecosystem''.

Megaport said further:

These binding, fixed-term contracts secure committed long-term revenue irrespective of usage, delivering strong returns and aligning with our infrastructure and capital deployment strategies. The combination of Megaport's foundational network infrastructure automation with Latitude.sh's compute and storage capabilities has created a global automated infrastructure platform, enabling the combined Group to pursue and secure new value-accretive opportunities.

So what does the company actually do? In short, it provides a "network-as-a-service" platform that allows its customers globally to access computing and storage facilities.

Megaport added this week that the market opportunity remained large.

Since the acquisition of Latitude.sh, Megaport has assessed and continues to evaluate a significant and increasing number of comparable opportunities enabled by its automated global infrastructure capabilities. The Company will remain highly disciplined in assessing similar opportunities, applying rigorous criteria across counterparty credit quality, committed contract terms, attractive paybacks3, and overall returns.

The new customers announced this week were both US-based technology providers.

Following the new deal announcement, Macquarie issued a research note to its clients with a price target on Megaport shares of $26.30, compared to $13.05 currently, implying potential upside of more than 100%.

Breville Group Ltd (ASX: BRG)

Macquarie believes that Breville, the coffee machine and small appliance maker, could benefit from AI in a very different way.

One of the growth drivers for Breville, Macquarie says, is entering new markets, and they believe that AI "will assist with licencing, regulation and safety requirements''.

Macquarie says that Breville's sales in China, Korea, Mexico, and the Middle East grew at better than 50% in the first half of FY26.

They went on to say:

China and Korea performance, as well as potential Japan and India entry, could see APAC segment growth accelerate. APAC has the potential to be the fastest growing segment, despite including Australia, BRG's most mature market. Note De'Longhi Coffee products are also available on Amazon in Japan, India and Brazil.

Macquarie has a target price of $37.10 on Breville shares, compared with $28.87 currently.

Breville is valued at $4.11 billion.

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