I would spread the money evenly across three technology businesses that are building stronger positions in global markets.

Here is how I would invest it now.

Catapult Sports Ltd (ASX: CAT)

Catapult Sports shares are down sharply from their highs, giving investors a much better entry point than before.

The company provides wearable technology, video analysis, and performance software to professional sports organisations.

Its products help coaches and performance teams understand how athletes are training, how much work their bodies are handling, and where tactical improvements may be possible.

That information can influence decisions around player recovery, injury prevention, team selection, and preparation for upcoming opponents. In professional sport, even a modest improvement can be valuable when results affect prize money, sponsorships, and supporter engagement.

I also like Catapult's opportunity to sell more products to existing customers. A club using its athlete-monitoring technology may later add video, tactical analysis, or other performance tools.

That can increase recurring revenue while making Catapult more closely connected to the way a team operates.

The company still needs to turn its growing customer relationships into sustained profits. But I think the global shift towards data-led coaching gives it a good chance to do so over time.

SiteMinder Ltd (ASX: SDR)

A hotel may look like a property business from the street, but behind the front desk, it increasingly operates like an online retailer.

Rooms need to be advertised across booking platforms, priced according to demand, sold directly to guests, and kept available without accidental double bookings.

SiteMinder provides the technology that helps hotels manage those moving parts.

I think the company has a long runway because many independent hotels still rely on disconnected systems or manual processes. A broader platform can help them reach more travellers, improve direct bookings, process payments, and make better pricing decisions.

SiteMinder can also grow as its hotel customers become more successful. More bookings and greater adoption of additional products can increase the amount of revenue earned from each property.

Travel demand will move with economic conditions, and competition across hotel software remains strong. Even so, the need for hotels to sell rooms effectively online should continue growing.

With the shares well below their previous highs, I would be comfortable starting a long-term position.

Gentrack Group Ltd (ASX: GTK)

The final ASX growth share I would consider is Gentrack.

The company provides software to utilities and airports, two types of organisations that handle large amounts of information and cannot afford unreliable systems.

Energy providers use Gentrack technology across areas such as billing, customer management, and data. Airports can use their software to coordinate operations, allocate resources, and manage increasingly busy facilities.

I think both markets offer room for growth.

Utilities are adapting to renewable energy, electric vehicles, smart meters, and changing customer expectations. Airports also need better technology as passenger numbers grow and operations become more complex.

Replacing old systems can be difficult, but that can work in Gentrack's favour once its software becomes embedded. Long customer relationships and recurring revenue could support continued expansion as the company wins more work internationally.

Foolish Takeaway

ASX growth shares can test investors' patience while businesses invest and the market waits for profits to catch up.

I would use the $10,000 to begin positions in companies that already solve important customer problems and still have room to expand their platforms.

Catapult, SiteMinder, and Gentrack all operate in global markets where better technology can improve daily operations and decision-making.

I think that gives each business the potential to become considerably larger over the next decade.

The post 3 ASX growth shares I'd buy with $10,000 today appeared first on The Motley Fool Australia.

The three ASX shares in this article have been hit hard over the past 12 months, falling by over 65%.

Even so, I think all three could be worth buying and holding.

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster is one ASX share I would consider buying after its heavy fall.

The online furniture and homewares retailer is down around 73% over the past 12 months, which tells us sentiment has turned very negative.

But I think the long-term opportunity remains attractive. Furniture is a large retail category, and I still believe more of that spending can shift online over time. Buying a sofa, bed, rug, outdoor setting, or office chair online may have felt unusual years ago, but consumers are becoming more comfortable researching, comparing, and purchasing big-ticket items digitally.

Temple & Webster is built for that world. It does not need to operate a large traditional store network, and it can offer customers a broad range of products across different styles, price points, and categories. That gives it flexibility and range that would be hard to replicate through a conventional retail footprint.

WiseTech Global Ltd (ASX: WTC)

WiseTech Global is another ASX share I would buy and hold despite its 65% decline over the past year.

I think the attraction is the role it plays inside global logistics. Moving things around the world is a tricky process. Shipments can involve freight forwarders, customs brokers, warehouses, ports, carriers, regulators, documents, and multiple countries. A lot can go wrong when information is spread across disconnected systems.

WiseTech's CargoWise platform helps customers manage more of that complexity in one place. I think that is valuable because logistics companies do not want software that only looks good in a sales demo. They need systems that help them move freight, reduce manual work, manage compliance, and keep customers informed.

The deeper software becomes in a customer's workflow, the more important it can become.

I also think global logistics will become increasingly data-driven over time. Customers want better visibility, faster execution, and more automation. WiseTech is well placed if it can keep expanding the usefulness of its platform and integrate acquisitions effectively.

The share price fall has been painful, but I think the business still has a rare global software position from an Australian base.

Gentrack Group Ltd (ASX: GTK)

Gentrack is the third ASX share I would consider buying and holding.

Its shares are down around 71% over the past 12 months, but I think the company operates in an attractive niche.

Gentrack provides software for utilities and airports. That may not sound as exciting as consumer apps or artificial intelligence, but I like the importance of the markets it serves.

Utilities are becoming more complex. Energy retailers and infrastructure operators need to manage customer accounts, billing, usage data, pricing, regulatory requirements, distributed energy, and changing consumer behaviour. Old systems can struggle as the energy market becomes more digital and decentralised.

Airports also need better technology as passenger numbers, commercial activity, and operational demands grow. Gentrack is exposed to that need for modernisation.

The appeal for me is that specialist software can become highly valuable when it solves operational problems that customers cannot ignore. If Gentrack keeps winning work and delivering for customers, I think the business could be much larger in the years ahead.

Foolish Takeaway

Shares that fall more than 65% can feel hard to buy.

But I think Temple & Webster, WiseTech, and Gentrack all have long-term opportunities that remain worth taking seriously.

One is trying to capture more of the furniture market online, another is embedded in the complex world of global logistics, and the third is helping utilities and airports modernise their technology.

They are not low-risk shares. But for investors who can be patient and accept volatility, I think these beaten-down ASX shares could be worth buying and holding.

The post Down 65%+, why I'd buy and hold these ASX shares appeared first on The Motley Fool Australia.

Let's look closer at ten ASX shares that received buy ratings from them. They are as follows:

Bega Cheese Ltd (ASX: BGA)

Morgan Stanley is bullish on this diversified food company. This week, it initiated coverage on the Vegemite owner's shares with an overweight rating and $6.70 price target. The Bega Cheese share price ended the week at $5.39.

Catapult Sports Ltd (ASX: CAT)

Bell Potter was pleased with this sports technology company's FY 2026 results. In response, the broker retained its buy rating with an improved price target of $4.65. This compares to its latest share price of $3.57.

Evolution Mining Ltd (ASX: EVN)

UBS turned positive on this gold miner and upgraded its shares to a buy rating with an improved price target of $14.00. The Evolution Mining share price ended the week at $12.17.

Gentrack Group Ltd (ASX: GTK)

Bell Potter continues to see value in this software provider's shares. This week, the broker retained its buy rating and $5.70 price target on its shares. This is notably higher than its current share price of $3.18.

Goodman Group (ASX: GMG)

Morgan Stanley put an overweight rating and $36.15 price target on this industrial property company's shares. This compares to its current share price of $30.28. The broker is feeling positive about Goodman ahead of its quarterly update next week.

Megaport Ltd (ASX: MP1)

Morgans remains positive on this network-as-a-service provider following the announcement of another big contract win for its Latitude business. It has put a buy rating and $15.50 price target on its shares. The Megaport share price ended the week at $13.05.

Qualitas Ltd (ASX: QAL)

The team at Morgans upgraded this real estate investment company's shares to a buy rating this week with a $3.50 price target. This implies potential upside of 20% from its current share price of $2.92.

Regis Resources Ltd (ASX: RRL)

Macquarie is positive on this gold miner's merger plans. After looking at the proposal, the broker has retained its outperform rating and $9.50 price target on Regis Resources' shares. This compares to its current share price of $6.35.

Santos Ltd (ASX: STO)

Citi is bullish on this energy producer and has put a buy rating and $9.00 price target on its shares. The Santos share price ended the week at $8.24.

Temple & Webster Group Ltd (ASX: TPW)

Over at Morgan Stanley, its analysts have also put an overweight rating and reduced price target of $8.00 on this online furniture retailer's shares. This is notably higher than its current share price of $5.04.

The post 10 ASX shares given buy ratings this week appeared first on The Motley Fool Australia.

But heavy falls can also create opportunities.

The three ASX shares in this article are down around 70% over the past 12 months. They are not risk-free, and they may take time to recover. But for patient investors, I think they could be cheap buys.

Accent Group Ltd (ASX: AX1)

Accent Group has had a difficult year as investors worry about consumer spending, margins, and the outlook for discretionary retail.

That is understandable. Footwear and apparel can be pressured when households are watching their budgets closely. Rising interest rates, higher living costs, and weaker confidence can all make shoppers more selective.

But I still think Accent is worth a look after such a large fall.

The company has a strong position in footwear retail, with brands and store formats that reach a wide range of customers. Its portfolio includes well-known banners such as The Athlete's Foot, Hype DC, Platypus, Skechers, Stylerunner, and Glue Store.

I like the fact that footwear is not just fashion. Many customers still need sports shoes, school shoes, work shoes, and everyday footwear. Demand can move around, but the category does not disappear.

If consumer conditions eventually improve, I think Accent could benefit from operating leverage, stronger sales, and better sentiment toward retail shares.

This is not one I would expect to recover overnight. But after a 70% fall, I think the market may be pricing in a very tough future.

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster is another ASX share that has been hit hard.

The online furniture and homewares retailer is exposed to several weak spots in the economy. Housing turnover has been uncertain, renovation activity can be uneven, and big-ticket discretionary spending is under pressure.

Those are real challenges. But I think the long-term opportunity is still there.

Furniture and homewares remain a large market, and online penetration still has room to grow over time. More customers are becoming comfortable researching, comparing, and buying bulky items online, especially if the range is broad and prices are competitive.

Temple & Webster also has the benefit of a digital-first model. It does not need the same store network as traditional retailers, which can give it flexibility as it scales.

The share price fall suggests investors are worried about the near-term outlook. I can understand that. But if the company keeps building its brand, improving the customer experience, and growing its market share, I think the current weakness could look attractive in hindsight.

Gentrack Group Ltd (ASX: GTK)

Gentrack is a different type of fallen share. The company provides software for utilities and airports. Its technology helps customers manage areas such as billing, operations, customer information, and industry-specific workflows.

I think that makes Gentrack interesting because it serves sectors that are becoming more complex.

Utilities are dealing with changing energy systems, renewables, grid pressure, customer expectations, and regulation. Airports also need efficient systems as travel demand and operational demands evolve.

That creates demand for modern software. Gentrack is not immune from risk. Software projects can be complicated, customer decisions can take time, and growth expectations can shift quickly. There is also the real threat of artificial intelligence (AI) disruption.

But after a 70% fall, I think patient investors should at least be asking whether the market has become too pessimistic.

Foolish takeaway

Shares do not fall 70% without reason.

These shares each face genuine challenges. Consumer weakness could keep weighing on Accent and Temple & Webster, while Gentrack still needs to prove that its growth story can keep delivering.

But large share price falls can reset expectations. For investors who can handle volatility and think beyond the next few months, these three ASX shares could be cheap buys with meaningful recovery potential.

The post 3 ASX shares down 70% that could be cheap buys appeared first on The Motley Fool Australia.

Gentrack engages in the development, implementation, and support of software solutions for electricity, gas and water utilities, and airports.

Yesterday, it continued its free fall, dropping 5% to take its year to date fall to 55%. 

Why is this ASX technology stock crashing this year?

Much of this pain came on May 5th when it crashed 35% in a single session following a trading update.

According to the release, the company expects FY2026 revenue to range between NZ$229 million and NZ$238 million.

This is below its previous guidance and broadly in line with FY2025 revenue of NZ$230.2 million.

Management said the weaker outlook is due to softer non-recurring (NRR) revenue, which is expected to decline compared with FY2025 and offset growth in recurring revenue. Recurring revenue, however, is forecast to increase by more than 10% to approximately NZ$174 million.

Bell Potter tips a rebound

A new report from Bell Potter suggests this ASX technology stock is now attractively valued.

This comes following the announced acquisition of New Zealand energy software business Prospero Energy for NZ$24 million. 

The deal aims to strengthen its utilities platform.

Bell Potter said Gentrack Group's acquisition of energy pricing software business Prospero Energy strengthens its g2.0 platform and could also perform well as a standalone product.

The broker noted the NZ$24 million deal is unlikely to materially boost earnings in FY26 or FY27, although management expects it to be earnings accretive by FY28, and Bell Potter views the acquisition positively because it is not being used to fill short-term revenue weakness.

Buy rating retained 

Based on this guidance, Bell Potter has retained its buy recommendation on this ASX technology stock. 

The broker has also slightly increased its price target to $5.70 (previously $5.60). 

From yesterday's closing price of $3.32, this indicates an upside potential of over 70%. 

We anticipate the market will continue to discount GTK until it is able to visibly execute on Utilities NRR, however we remain broadly positive on GTK due to the large secular tailwinds in rapidly shifting energy production and consumption trends driving increased complexity within grids, billing platform requirements and broader digital transformations.

Bell Potter isn't the only analyst tipping a rebound. 

Shaw and Partners recently issued a research report on Gentrack that included a $8 price target for the company.

If it were to reach that level, it would represent a gain of 141%. 

The post Bell Potter is tipping a 70% rebound for this struggling ASX technology stock appeared first on The Motley Fool Australia.

Gentrack is tipped by broker Shaw and Partners to more than double in value, following the company's shares falling from highs greater than $12 over the past year to $3.49 now.

We'll get to the specific Shaw and Partners price target later.

Building out its energy division

On today's acquisition, Gentrack said in a statement to the ASX that Prospero, which trades under the name Factor, is a software-as-a-service business serving the energy retail sector.

Gentrack said further:

Factor's platform enables utilities to price and manage commercial electricity contracts at scale, replacing legacy systems with machine learning running over scaled data sets. Factor has global ambitions with customers in Australia and the United Kingdom, and partnerships with Salesforce and AWS. The acquisition will be integrated into Gentrack's utilities business, enhancing its g2 energy retail platform and reinforcing Gentrack's leadership position in the B2B energy retail segment.

Gentrack said the acquisition would help it provide the gold standard in energy pricing and forecasting.

The company added:

Gentrack's customers include some of the world's largest and most advanced energy retailers specializing in the Commercial and Industrial segments. Factor's advanced systems will be an integral part of g2, allowing us to immediately bring this capability to our customer base, helping both our customers and Gentrack grow revenues. With Factor, g2 will be even more compelling to new prospects around the globe, helping us win more business and accelerate the energy transition.  

Gentrack will pay NZ$24 million for the business with a potential earn-out of NZ$10 million linked to revenue targets.

The deal is expected to be earnings per share accretive in FY28, Gentrack said.

Profit slump

The company also reported its half-year results to the end of March 31, with revenue falling from NZ$112 million to NZ$110.1 million, and net profit falling from NZ$7.2 million to NZ$5.1 million.

The company said sales cycles in the utilities sector were long, and "the long sales cycles, and two unexpected new client delays, have had an impact on our results this first half, but does not change our confidence in our medium-term growth targets of more than 15% CAGR''.  

Gentrack said its airports division, Veovo, had an "exceptional" first half.

Shares looking cheap

Shaw and Partners recently issued a research report on Gentrack, setting a $8 price target for the company.

The broker said the recent sell-off in the company's shares "increasingly implies a structural slowdown that management commentary and pipeline visibility do not support".

Gentrack is valued at $366.6 million.

The post Which ASX technology company, which is tipped to double in value, has just announced an acquisition? appeared first on The Motley Fool Australia.

Out of this, the broking firm has issued a number of research notes on promising companies, two of which I'll look at today.

Let's jump right in.

Gentrack Group Ltd (ASX: GTK)

Shareholders in Gentrack might well be frustrated, given the company's share price has plunged from levels higher than $12 over the past year to now be changing hands for $3.36.

But the Shaw and Partners team believes the shares can more than double from these levels, with a price target on Gentrack of $8 per share.

The team said Gentrack presented at TechRise, and there was also a follow-up on their recent trading update, where the company said they expected revenue for the full year to come in at $229 to $238 million, which was "lower than our previous guidance".

The Shaw and Partners team said:

The group call stepped through movements in non-recurring revenue and highlighted why current FY26 guidance carries more limited risk, alongside what underpins management's confidence in medium-term targets. In our view, the recent circa-40% sell-off increasingly implies a structural slowdown that management commentary and pipeline visibility do not support.

Gentrack is currently valued at $387.9 million.

Vista Group International Ltd (ASX: VGL)

This company released a trading update to coincide with its TechRise presentation, with revenue expected to come in at $176 to $182 million, with an EBITDA margin of 18% to 20%.

The company specialises in the software that cinemas use to manage all their processes, and claims a 46% global market share, excluding Russia, China, and India.

Vista said it was currently generating cash flow of about $19 million per year, but was targeting $75 million by the end of 2030.

The Shaw and Partners research note on Vista said the main message was that "Vista is increasingly an execution story rather than a demand story, with customers signed and onboarding now the key focus''.

The analyst team added:

FY26 guidance of 10–13% revenue growth and 18–20% margins was reiterated, with management stating the business is 'definitely well on track'. Domestic US box office assumptions (~US$9.7bn) were described as tracking ahead, while foreign exchange was 'slightly in our favour'. Management repeatedly stressed this is now 'absolutely an execution story' with customers already signed and migrations underway.

Shaw and Partners has a price target of $3.70 on Vista Group shares compared with $1.75 currently.

The company is valued at $423.5 million.

The post Which 2 ASX tech companies could more than double according to Shaw and Partners? appeared first on The Motley Fool Australia.

Share price weakness presents opportunity

Gentrack's share price peaked at $12.08 back in July last year but has been steadily trading lower since that time, changing hands now for $3.16.

Shaw and Partners says this provides an attractive entry point from a valuation perspective, despite the company's recent revenue forecast downgrade.

Gentrack said earlier this week that they expected revenue for the full year to come in at $229 to $238 million, which was "lower than our previous guidance".

They added:

Recurring revenues in FY26 are expected to grow by more than 10% to around $174 million, while non-recurring revenues will be lower than FY25. We expect H1 revenue to be about $110 million of which about $85 million is recurring.

The company did say that based on its pipeline and the market opportunity in both its utilities division and the Veovo division, which services airports, "we stand by our medium-term revenue target of more than 15% CAGR''.

Gentrack said it had taken the strategic decision to prioritise growth and global leadership over short-term earnings.

The company added:

We are continuing to invest in international expansion and product development. Furthermore, for new customer wins and upgrades, with g2.0 we are transitioning our business model to drive higher recurring revenue and lower cost for customer onboarding. In FY26, we expect full year EBITDA to be between $13.5m and $20m and H1 EBITDA to be about $7.8m (all excluding acquisition costs). With strong recurring revenue growth we expect margins to improve to our medium-term target of 15% to 20% EBITDA margin (after expensing all development costs).

The company also said it would conduct a share buyback worth up to $20 million following the release of its first-half results.

Also in late April, the company announced the US$10 million acquisition of Dubai Technology Partners, a premier airport technology business which would be integrated into the Veovo division.

Upside potential

Shaw and Partners said while the downgrade announced would be frustrating for investors, Gentrack shares were now trading on an attractive earnings multiple.

They added:

If GTK, can deliver on its pipeline, grow revenue at more than 15% and lift margins to between 15-20% this should drive a re-rate.

The Shaw and Partners team cut its price target on Gentrack shares to $8 from $11.30, still well above the stock's current price.

The post Despite a recent trading downgrade this ASX small cap could still return more than 100%: Broker appeared first on The Motley Fool Australia.

The ASX tech stock finished the day 38% lower at $2.99 following the release of a trading update.

This means that the utilities software provider's shares are now down 75% from their high.

Has this created a buying opportunity or should you avoid this one? Let's see what Bell Potter is saying.

What is the broker saying about this ASX tech stock?

Bell Potter notes that Gentrack has "materially" downgraded its earnings guidance for FY 2026. It is now expected to be significantly lower than Bell Potter and consensus estimates.

Bell Potter suspects that the cause of the ASX tech stock's revenue decline has been a failure to execute on its near-term pipeline. It explains:

NRR (project) revenues were guided to decline YoY, which suggests GTK has been unable to execute on its near-term pipeline outlined at its Strategic Day in Nov '25 comprising of 3 tenders as preferred, 3 short-listed, and well-placed at 4 others for CY26 counterparty decisions, noting some of these would have been pushed into FY27/CY27 regardless. Project revenues are an 'at-risk' bucket, requiring an on-going pipeline to replace rolled-off projects to prevent segment revenue going backwards and dragging at Group level against ARR [annual recurring revenue], which will naturally occur as the business matures.

The broker also highlights that converting its non-recurring project revenues into ARR is now a concern and could make medium-term targets harder to achieve. It adds:

Expected recurring revenue growth of 10% for FY26 is at least positive, however conversion of NRR into growth in future periods for provisioning of billing/CRM stack is now a concern despite management commentary. Maintaining medium-term growth targets on lower bases implies lowered expectations in future periods in our view and potentially indicates lost tenders in the pipeline, rather than pushed into future periods.

Should you invest?

Despite the many negatives, Bell Potter remains positive on this ASX tech share.

In response to its update, the broker has retained its buy rating with a heavily reduced price target of $5.60 (from $8.80).

Based on its current share price of $2.99, this implies potential upside of 87% for investors over the next 12 months.

Commenting on its recommendation, Bell Potter said:

Our Target Price is reduced to A$5.60sh and we maintain a Buy rec on the broader macro trends supporting utility billing stack/digital transformations. However, the current difficulty in converting pipeline into projects negatively impacts GTK's ability to convert into ARR in future periods which would imply an ex-growth multiple.

The post Down 75%: Is this ASX tech stock a bargain buy? appeared first on The Motley Fool Australia.

In afternoon trade, the ASX tech share is down 35% to $3.17.

Why are investors selling this ASX tech share?

Investors have been rushing to the exits today after the utilities software provider released a trading update.

According to the release, the company is expecting FY 2026 revenue to be between NZ$229 million and NZ$238 million.

This is lower than its previous guidance and compares to revenue of NZ$230.2 million in FY 2025.

Management advised that this softer performance reflects weaker non-recurring (NRR) revenues, which will be lower than in FY 2025, which is offsetting recurring revenue growth. The latter is expected to grow by more than 10% to around NZ$174 million.

But perhaps the main reason this ASX tech share is falling today is its earnings guidance.

The company advised that it has taken the strategic decision to prioritise growth and global leadership over short term earnings.

It advised that it is continuing to invest in international expansion and product development. Furthermore, for new customer wins and upgrades, it is transitioning its business model to drive higher recurring revenue and lower costs for customer onboarding.

This ultimately means that full year EBITDA is expected to be between NZ$13.5 million and NZ$20 million. This will be down 28% to 51% on FY 2025's EBITDA of NZ$27.8 million.

Looking ahead, management remains positive on its outlook. It believes that strong recurring revenue growth will lead to EBITDA margins improving in line with its medium-term target of 15% to 20%.

Share buyback

The ASX tech share revealed that it intends to undertake an on-market share buyback following the release of its half-year results this month.

This would see Gentrack acquire shares up to a value of NZ$20 million but not more than 5% of Gentrack's shares on issue, across a period of up to 12-months.

The company's chair, Andy Green stated:

The Board's current view is that a share buyback would be appropriate and accretive to shareholders, noting that the programme is supported by a strong balance sheet and would not undermine the company's ability to continue to fund organic and inorganic growth.

The post Guess which ASX tech share is crashing 35% today appeared first on The Motley Fool Australia.

Four ASX shares that are falling more than most today are listed below. Here's why they are dropping:

Appen Ltd (ASX: APX)

The Appen share price is down 5.5% to $1.16. This artificial intelligence (AI) data services company's shares have been under pressure in recent sessions following the release of its quarterly update. Although Appen posted a 9% increase in revenue to $54.8 million, it is still barely profitable at an EBITDA level. In addition, the performance of its Appen Global business may have spooked investors. It reported a 37% decline in revenue to $19.9 million. Appen's shares are now down 27% since this time last week.

Gentrack Group Ltd (ASX: GTK)

The Gentrack share price is down 34% to $3.20. This has been driven by the release of a trading update from the utilities software company. Gentrack advised that FY 2026 revenue is expected to be between NZ$229 million and NZ$238 million. This is lower than its previous guidance and compares to NZ$230.2 million in FY 2025. However, recurring revenues in FY 2026 are expected to grow by more than 10% to around NZ$174 million. And due to management prioritising growth over short term earnings, it expects full year EBITDA to be between NZ$13.5 million and NZ$20 million. This is sharply lower than FY 2025's EBITDA of NZ$27.8 million.

Magellan Financial Group Ltd (ASX: MFG)

The Magellan share price is down 7.5% to $9.56. This morning, the fund manager announced sweeping changes to its global fund. This includes management fees being cut from 1.35% to 0.89% per annum and performance fees being removed. In addition, management of the Magellan Global Fund and Magellan Global Fund Hedged will change to Vinva Investment Management. The company's CEO, Sophia Rahmani, said: "Today's announcement reflects our commitment to putting clients first and our insight into client needs today and in the future. We have carefully considered this decision and are prioritising client outcomes whilst at the same time positioning Magellan for long-term growth, with an attractive core global equities offering."

Regis Resources Ltd (ASX: RRL)

The Regis Resources share price is down 4.5% to $6.84. This has been driven by news that Regis Resources has agreed to merge with Vault Minerals Ltd (ASX: VAU). The agreement will see Regis Resources acquire Vault Minerals via a scheme of arrangement for 0.6947 Regis shares for each Vault share held. The Vault Minerals board is unanimously recommending the scheme. This is in the absence of a superior proposal and subject to an independent expert's endorsement.

The post Why Appen, Gentrack, Magellan, and Regis Resources shares are falling today 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:

Gentrack Group Ltd (ASX: GTK)

According to a note out of Bell Potter, its analysts have retained their buy rating on this utilities software company's shares with a reduced price target of $8.80. This follows the announcement of the bolt-on acquisition of Middle East airport technology and services provider, Dubai Technology Partners (DTP), for US$10 million. Bell Potter is positive on the news and believes that broader trends are supportive of the acquisition. Outside this, it remains upbeat on Gentrack due to the large secular tailwinds in rapidly shifting energy production and consumption trends. It expects these to drive increased complexity within grids, billing platform requirements, and broader digital transformations. The Gentrack share price is trading at $4.85 on Monday.

ResMed Inc. (ASX: RMD)

A note out of Morgans reveals that its analysts have retained their buy rating on this sleep disorder treatment company's shares with a trimmed price target of $41.72. This follows the release of a third-quarter update which Morgans described as solid. It highlights that the company delivered double-digit revenue and earnings growth, further margin expansion, and strong cash flow generation. The broker also points out investors are seemingly focusing on variability in US device growth while pondering if the Noctrix acquisition is merely a plug to a slowing core. However, it views these concerns as myopic and manageable. As a result, Morgans thinks now could be an opportune time to invest. The ResMed share price is fetching $28.89 at the time of writing.

Xero Ltd (ASX: XRO)

Analysts at Citi have retained their buy rating and $112.65 price target on this cloud accounting platform provider's shares. According to the note, the broker was pleased to see news that Xero has lifted its prices in Australia. Citi expects this to boost its revenue per user metric in the market. And while it suspects the increase could cause some level of churn, it is supportive of the move and remains bullish on the investment opportunity here. The Xero share price is trading at $82.86 on Monday afternoon.

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

One of those is Gentrack Group Ltd (ASX: GTK).

What is Gentrack?

It is a provider of specialist billing and CRM solutions and managed services to the energy, water, and airport industries.

Gentrack recently announced that it was strengthening its airport offering with the acquisition of UAE-based Dubai Technology Partners (DTP).

Bell Potter thinks this is a good move by the ASX tech stock. It said:

DTP technology looks to be integrated in a centralised application layer level and an interoperability layer connecting airport-wide platforms. Additionally, DTP brings across a headcount of 60 deep domain and regional experts which GTK views as favourable for its ability to drive scale through Veovo. The timing of the acquisition comes during a phase of heightened geopolitical conflict in the region; prior the Middle East was expected to grow passenger traffic through the region by 10.2% in CY26, 9.5% in CY26 and 8.2% in CY27 (IATA), underpinning the region's position as the worlds quickest growing market.

There are currently 48 expansion projects in the region worth $182.6b to support forecast passenger growth. Our earnings changes account for FY26 revenue contribution incorporating a marginal EBITDA accretion offset by low integration costs. We have also reduced our FY26+ Utilities margins accounting for uncertainty for timing around pipeline execution and flow on impacts to high margin ARR in FY27+; net EPS changes are -9%/-8%/-14% for FY26e-FY28e.

Big potential returns

According to the note, the broker has retained its buy rating on the ASX tech stock with a reduced price target of $8.80 (from $11.00).

Based on its current share price of $4.78, this implies potential upside of 84% for investors over the next 12 months.

Bell Potter is positive on Gentrack due to its position in a market experiencing large secular tailwinds. Commenting on its buy recommendation, the broker said:

Incorporating the earnings changes, our Target Price reduces to A$8.80 following an increase in our WACC to 10.6% due to a lift in our risk-free rate to 4.5%. We remain broadly positive on GTK due to the large secular tailwinds in rapidly shifting energy production and consumption trends driving increased complexity within grids, billing platform requirements and broader digital transformations.

The post Why this ASX tech stock could rocket 80% according to a top broker appeared first on The Motley Fool Australia.

Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:

Capstone Copper Corp (ASX: CSC)

The Capstone Copper share price is up 1.5% to $11.58. This morning, this copper miner released its first-quarter update and reported revenue of US$652.5 million. This is up 22% from US$533.3 million a year earlier. Adjusted net income came in at a record of US$94.8 million and adjusted EBITDA was a record of US$329.1 million. This marks the sixth consecutive quarter of record adjusted EBITDA, driven largely by higher realised copper prices and supportive gold and silver prices.

Gentrack Group Ltd (ASX: GTK)

The Gentrack Group share price is up 2.5% to $4.91. This follows news that the utilities software provider has entered into an agreement to acquire Dubai Technology Partners (DTP). It is a premier airport technology and services provider based in Dubai. Gentrack's CEO, Gary Miles, said: "DTP is a highly complementary acquisition—technologically, commercially, and culturally. By adding DTP's technologies to Veovo's AI-enabled portfolio and leveraging their prestigious expertise, we can deliver smarter, more automated solutions to our 150+ airports worldwide while establishing a powerful growth engine in the Middle East."

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price is up 6% to $65.76. The catalyst for this has been the release of the mining and mining services company's third-quarter update. That update saw Mineral Resources upgrade its full-year shipments guidance for both Onslow Iron and its lithium operations. In addition, it revealed that costs are tracking to the lower end of its guidance range for Onslow Iron. The company has also lifted its mining services production volume for the financial year.

WiseTech Global Ltd (ASX: WTC)

The WiseTech Global share price is up 6.5% to $44.03. This is despite there being no news out of the logistics solutions technology company on Thursday. However, a bullish broker note out of Morgan Stanley appears to be lifting a number of tech stocks today. It has reaffirmed its overweight rating and $70.00 price target on the company's shares. The broker believes WiseTech is well-placed to leverage AI to strengthen its market position.

The post Why Capstone Copper, Gentrack, Mineral Resources, and WiseTech shares are racing higher today appeared first on The Motley Fool Australia.

In morning trade, the ASX tech stock is up 3% to $4.95.

This follows the announcement of an acquisition, which is offsetting broad market weakness.

What did the ASX tech stock announce?

This morning, the utilities software provider announced that it has entered into an agreement to acquire Dubai Technology Partners (DTP).

It is a premier airport technology and services provider based in Dubai, United Arab Emirates.

According to the release, the acquisition will be integrated into Gentrack's airports division, Veovo, expanding its product portfolio, its global delivery scale, and its footprint in the Middle East.

It highlights that DTP's innovative technologies will be integrated as high-value bolt-ons to Veovo's AI-enabled portfolio.

In addition, DTP brings around 60 highly skilled professionals with deep domain expertise in airport operations and flagship Middle Eastern customers including Dubai, Abu Dhabi and Saudi Arabian airports.

The ASX tech stock is paying US$10 million, subject to customary completion adjustments. This will be funded entirely from Gentrack's existing cash reserves.

Management advised that, depending on the final completion date, it expects the acquisition of DTP to add around NZ$3.5 million of revenue to Gentrack's Veovo business across the four months remaining in FY 2026.

It also expects the acquisition to be marginally EBITDA accretive (before acquisition costs) in FY 2026. The good news is the cost of integration will be low and focused on cross sales activities aimed at driving growth in FY 2027 and onwards.

Commenting on the deal, the ASX tech stock's CEO, Gary Miles, said:

DTP is a highly complementary acquisition—technologically, commercially, and culturally. By adding DTP's technologies to Veovo's AI-enabled portfolio and leveraging their prestigious expertise, we can deliver smarter, more automated solutions to our 150+ airports worldwide while establishing a powerful growth engine in the Middle East.

DTP's chair, HE Sultan Al Mansoori, added:

Gentrack and Veovo have demonstrated a proven track record as a leading airport technology provider, underpinned by strong and enduring cooperation with DTP over many years. This partnership represents the natural next step in DTP's development, enabling the team to enhance service delivery for our existing clients while extending the global reach of our high-quality solutions as part of Gentrack. It also provides an excellent platform for the continued growth and development of our highly skilled and motivated personnel.

The post ASX tech stock charges higher on big acquisition news appeared first on The Motley Fool Australia.

But that's exactly what the market has handed investors this week.

A number of well-known ASX growth names have fallen sharply, with each of the five below hitting 52-week lows or worse in recent sessions. While that can feel uncomfortable in the moment, it's often where long-term opportunities start to appear.

Here are five I'd be happy to buy and hold from here.

Gentrack Group Ltd (ASX: GTK)

Gentrack isn't a household name, but it operates in a niche that is becoming increasingly important.

The technology company provides billing and customer management software to utilities and airports, both of which are undergoing significant digital transformation.

What I like here is the structural tailwind. Energy markets are becoming more complex, and utilities need better systems to manage customers, pricing, and data.

This ASX growth share has been building momentum in recent years, and while the share price has pulled back, the long-term demand for its software looks intact despite artificial intelligence (AI) disruption fears.

SiteMinder Ltd (ASX: SDR)

SiteMinder sits at the heart of travel and technology.

Its platform helps hotels manage bookings across multiple channels, which is critical in an industry that relies heavily on online distribution.

The business has been growing strongly as global travel recovers and hotels continue shifting toward more automated, cloud-based systems.

Even after a sharp share price decline, the underlying story hasn't changed in my view. If anything, the long-term opportunity remains tied to increasing digitisation across the accommodation sector.

It is also worth highlighting that management appears confident AI will support rather than disrupt its platform. In fact, it is working on an AI agent function to leverage the technology.

Cochlear Ltd (ASX: COH)

Cochlear is one of the highest-quality growth shares on the ASX.

It has a global leadership position in hearing implants, backed by decades of research, innovation, and a strong brand.

While the share price can be sensitive to short-term factors, the bigger picture is driven by demographics and healthcare demand. An ageing population and rising awareness of hearing solutions continue to support long-term growth.

For me, this is the type of business where short-term weakness can create long-term opportunity.

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster has had a volatile journey, but its long-term potential remains compelling.

It operates as an online furniture and homewares retailer, benefiting from the ongoing shift toward ecommerce in categories that were traditionally dominated by physical stores.

The business has been investing in its platform, logistics, and customer experience, which should help it capture more market share over time.

With the share price down heavily, I think the market may be underestimating how large the online opportunity could become in this space.

Aristocrat Leisure Ltd (ASX: ALL)

Lastly, Aristocrat is a global gaming and entertainment company with a strong track record.

Its core land-based gaming business generates solid cash flow, while its digital segment provides an additional growth engine.

What stands out is its ability to consistently develop successful game content, which supports both revenue and margins.

Despite its quality, the share price has come under pressure recently along with broader market weakness. For long-term investors, that could be a chance to pick up a high-quality business at a more attractive valuation.

Foolish takeaway

Gentrack, SiteMinder, Cochlear, Temple & Webster, and Aristocrat all have different drivers, but each offers exposure to long-term growth trends.

After their recent pullbacks, I think they're worth serious consideration for investors willing to take a longer-term view.

The post 5 great value ASX growth shares I'd buy and hold appeared first on The Motley Fool Australia.

These companies are often earlier in their growth journey, which means they can be more volatile in the short term. In return, successful execution can translate into outsized returns over time as markets expand, earnings scale, and business models mature.

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

Catapult Sports Ltd (ASX: CAT)

Catapult Sports is a leader in elite sport wearables and data analytics.

The company provides wearable tracking technology and performance software used by professional sporting teams around the world. These tools help teams optimise performance, manage athlete workloads, and reduce injury risk, which are areas where marginal gains can make a meaningful difference.

What makes Catapult interesting as a small cap opportunity is its global footprint and recurring revenue model. As more sports adopt data-driven decision making, demand for Catapult's analytics platform continues to expand. With a growing customer base and improving operating leverage, the company appears well placed to benefit as adoption deepens over time.

Morgans is a fan and recently put a buy rating and $6.25 price target on its shares.

Gentrack Group Ltd (ASX: GTK)

Another small cap ASX share that could be a top buy is Gentrack. It is a specialist software provider to the energy and utilities sector.

Its billing and customer management platforms are used by electricity, gas, and water companies as they modernise systems and adapt to increasingly complex energy markets. The global energy transition is adding further demand for flexible software capable of handling renewables, distributed generation, and dynamic pricing.

Gentrack's revenue is largely recurring, supported by long-term contracts and high switching costs. As utilities continue to invest in digital infrastructure, the company has the potential to steadily grow earnings while expanding its presence in international markets.

Bell Potter is positive on the company's outlook. It has a buy rating and $11.00 price target on its shares.

Universal Store Holdings Ltd (ASX: UNI)

Universal Store is a small cap ASX retail share with a strong track record of execution.

The company focuses on youth fashion, combining a curated product range with disciplined store expansion. Its emphasis on private label products and cost control has helped support margins, even during periods of softer consumer spending.

Bell Potter is also a big fan of the company. It has named it as a best buy with a price target of $10.50.

The post 3 growing small cap ASX shares with huge potential appeared first on The Motley Fool Australia.

The trick isn't necessarily trying to predict the next big trend; it's backing companies that solve real problems, adapt as markets evolve, and keep finding ways to grow.

That said, here are five ASX tech shares I'd be happy to buy and hold for the long term.

Catapult Sports Ltd (ASX: CAT)

Catapult sits in a niche that's only becoming more important: elite sports performance and athlete monitoring. Its wearable technology and analytics software are now embedded across many of the most popular professional teams worldwide. This includes Manchester United, Kansas City Chiefs, the NSW State of Origin team, Golden State Warriors, and the Brazil national soccer team. Once adopted, these systems are hard to replace, creating strong customer stickiness. This can be seen in its high retention rates. As sports continue to become more data-driven, Catapult is well-positioned to expand its footprint, not just in new teams, but also through deeper usage with existing customers.

DroneShield Ltd (ASX: DRO)

DroneShield is an ASX tech share I rate highly. It operates in a market that didn't exist a decade ago but is now mission-critical. Counter-drone technology is becoming essential for military, government, and critical infrastructure protection. DroneShield's mix of software, sensors, and electronic warfare solutions gives it exposure to a structural, not cyclical, growth trend. While its shares can definitely be volatile, the long-term relevance of its technology is difficult to ignore.

Life360 Inc (ASX: 360)

Life360 is a family safety app provider that has 90 million+ monthly active users worldwide. What I like most about this ASX tech share is its ability to monetise engagement over time through subscriptions and upsells, without undermining the core user experience. As location-based services and digital safety become more important, Life360 stands to benefit as the clear market leader.

Gentrack Group Ltd (ASX: GTK)

Gentrack may not be well-known, but it's exactly the kind of tech share long-term investors should be acquainted with. The company provides mission-critical billing and operational software to utilities and airports. These are the types of customers that value reliability over experimentation. With global energy systems becoming more complex and decentralised, demand for Gentrack's software should only increase. In addition, its recurring revenue and long customer contracts position it for robust long-term earnings growth.

TechnologyOne Ltd (ASX: TNE)

I think that TechnologyOne is one of the ASX's highest-quality companies. It focuses on enterprise software for government, education, and large organisations. These are customers who tend to be loyal and long-lived, as it can be hard for them to move to new providers. TechnologyOne's shift to a SaaS model has improved revenue visibility and quality, as well as margins, while its international expansion offers further growth. Its shares are not cheap, but businesses with its high level of consistency rarely are.

The post 5 ASX tech shares to buy and hold until 2035 appeared first on The Motley Fool Australia.

They may not be household names yet, but they have the growth engines, competitive advantages, and scalability to potentially become major players by the end of the decade.

If you're looking for ASX stocks with the kind of long-term upside that could transform a portfolio, analysts think these three mid-caps stand out.

DroneShield Ltd (ASX: DRO)

DroneShield is one of the most exciting defensive technology players on the ASX. As drones become increasingly prevalent in both commercial and military settings, demand for counter-drone and electronic warfare systems has surged worldwide.

The company's cutting-edge technology is now deployed by military customers, government agencies, and critical infrastructure operators across multiple continents. Its product suite has expanded rapidly, margins are improving as scale increases, and recent contract wins highlight growing credibility with tier-1 customers.

Defence spending globally is rising and counter-drone systems are becoming a standard requirement rather than a niche specialty. And with a growing pipeline and a technology advantage over many competitors, DroneShield could easily become a globally recognised name by 2030.

Bell Potter is bullish on its outlook and has a buy rating and $5.30 price target on its shares.

Gentrack Group Ltd (ASX: GTK)

Another mid cap ASX stock that could be a top buy is Gentrack. It provides software used by utilities, airports, and energy retailers to manage billing, customer information, compliance, and operations. These systems are mission-critical and once they are installed, they are deeply embedded and extremely difficult to replace.

In recent years, Gentrack has undergone a major transformation, modernising its product suite and winning significant new contracts across the world. The energy transition, with its rising number of green retailers, decentralised grids, and complex billing requirements, is creating long-term structural demand for the kind of software Gentrack specialises in.

If the company continues to secure global market share and deepen relationships with major utilities, it could grow very strongly over the remainder of the decade.

Bell Potter is also a fan of Gentrack. It has a buy rating and $11.00 price target on its shares.

Temple & Webster Group Ltd (ASX: TPW)

Finally, Temple & Webster has spent the past few years cementing itself as the go-to destination for furniture and homewares online. While its category has traditionally been dominated by large physical retailers, the structural shift toward online shopping shows no sign of slowing and it is capturing that trend better than anyone else.

With online penetration in homewares still far below levels seen in the US and Europe, Temple & Webster could be multiple times larger by 2030 if industry adoption continues.

Macquarie is a fan of the company and recently put an outperform rating and $24.15 price target on its shares.

The post 3 ASX mid-cap rockets that could become future blue chips appeared first on The Motley Fool Australia.

The business provides utilities businesses and airport companies with enterprise software for billing, customer and operations management.

Some of its customers include EnergyAustralia, Red Energy, Hunter Water, Vocus, Amber, Utility Warehouse, Cleveland Airport, Brisbane Airport, London Gatwick, Manchester Airport, JFK Airport, Edinburgh Airport, Sydney Airport, Melbourne Airport, Seattle-Tacoma Airport and Launceston Airport.

Fund manager Wilson Asset Management is excited about the potential of Gentrack, with the ASX tech stock being a position in the portfolio of WAM Capital Ltd (ASX: WAM).

WAM Capital is a listed investment company (LIC) that targets "the most compelling undervalued growth opportunities in the Australian market". Let's take a look at why WAM is optimistic about the technology company.

WAM's bullish case on Gentrack shares

The fund manager pointed out that the Gentrack share price rose in November (by around 20%), after the release of the company's FY25 result, with revenue climbing 8% to NZ$230.2 million.

Profitability significantly improved at the ASX tech stock with operating profit (EBITDA) going up by approximately 18% and statutory net profit after tax (NPAT) increasing by 119% year-over-year.

Wilson Asset Management explained that this growth was underpinned by "solid demand" across both the utilities and airports segments.

Utilities total revenue grew 7% to $193.4 million with recurring revenue climbing by 12% thanks to wins and upgrades from prior periods turning into recurring revenue.

Veovo (airports) revenue jumped 15% to $36.8 million, driven by new customer wins in the prior year in the UK and the Middle East, as well as upgrades in the Asia Pacific region. Recurring revenue rose 18% year over year, while project work grew 13% compared to the prior corresponding period.

Strong outlook

The fund manager highlighted that the key focus for investors was new disclosure on the customer pipeline, providing "greater visibility on the number, scale and maturity of the opportunities being progressed."

WAM believes the above potential implies the ASX tech stock could more than double its existing recurring utilities revenue over time, setting a baseline for more than 8% revenue growth in FY26 (excluding new-logo wins) and an acceleration to more than 15% growth in FY27.

Wilson Asset Management also believes that operating leverage is expected to continue to drive profit margin expansion for the business.

Finally, the fund manager noted that the company recently hosted an investor day which highlighted "strong advances in the technology stack and importantly sees the g2.0 product suite now being available to new and existing customers."

The post A fund manager really likes this exciting ASX tech stock! appeared first on The Motley Fool Australia.