At the close, 291 of the 500 ASX All Ords shares had fallen throughout the day, with several hitting new 52-week lows.

Are these stocks a buying opportunity?

Let's defer to the experts.

Endeavour Group Ltd (ASX: EDV)

The Endeavour share price fell to a 52-week low of $3.36 on Thursday.

Endeavour shares have tumbled 12% over the past 12 months.

After reviewing Endeavour's 1H FY26 report, Morgans maintained a hold rating on this ASX consumer staples share.

However, the broker reduced its 12-month price target slightly from $3.70 to $3.65.

Morgans said:

While EDV continues to work on its refreshed strategy with further details to be provided at an investor day on 27 May, management confirmed that the combined Retail and Hotels portfolio will be retained.

Management also noted that they will continue investing in Dan Murphy's to restore its price leadership, while accelerating hotel renewals and electronic gaming machine (EGM) replacements.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price fell to a 52-week low of $11.67 today.

The ASX tech share is down 22% over the past year.

Morgans recently changed its rating from accumulate to buy but lowered its 12-month target from $20 to $16.70.

The broker commented:

We see tailwinds remaining supportive of OCL's long-term growth momentum.

Treasury Wine Estates Ltd (ASX: TWE)

This ASX wine share fell to a multi-year low of $3.34 on Thursday.

Treasury Wine Estates has lost two-thirds of its market capitalisation over the past year.

This week, Jefferies retained its hold rating on Treasury Wine shares and lowered its target from $5 to $4.

Dexus Industria REIT (ASX: DXI)

This real estate investment trust (REIT) fell to a 52-week low of $2.32 on Thursday.

The Dexus Industria REIT share price has declined 14% over the past year.

Bell Potter has a buy rating on Dexus Industria stock with a share price target of $3.

Nuix Ltd (ASX: NXL)

The Nuix share price fell to a 52-week low of $1.24 today.

This ASX tech share has crumbled 62% over the past 12 months.

Morgan Stanley has a buy rating on Nuix shares with a 12-month target of $3.75.

DigiCo Infrastructure REIT (ASX: DGT)

DigiCo shares fell to a 52-week low of $1.67 on Thursday.

The DigiCo Infrastructure REIT share price has halved over 12 months.

This week, Morgans reiterated its buy rating but slashed its price target from $4.15 to $2.70.

The post 6 ASX shares at 52-week lows: Buy, hold, or sell? appeared first on The Motley Fool Australia.

More than 400 companies in the ASX All Ords fell yesterday, with some hitting new 52-week lows.

Brokers say these ASX All Ords shares are good buys in today's market.

Here are their 12-month share price targets on each stock.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price fell to a 52-week low of $11.68 on Thursday.

The ASX All Ords tech share is down 29% in the year to date (YTD), and down 22% over the past 12 months.

Following the stock's recent fall, Morgans upgraded its rating from accumulate to buy.

However, the broker reduced its 12-month price target from $20 to $16.70.

Morgans said:

We see tailwinds remaining supportive of OCL's long-term growth momentum.

Generation Development Group Ltd (ASX: GDG)

The Generation Development Group share price fell to a 52-week low of $3.71 yesterday.

The ASX All Ords financial share is down 35% YTD, and down 21% over the past 12 months.

Morgans recently retained its buy rating but reduced its 12-month price target from $7.97 to $6.66.

The broker said:

We believe GDG has a great story, and management has executed well over time.

Jumbo Interactive Ltd (ASX: JIN)

The Jumbo Interactive share price dropped to a 52-week trough of $7.66 yesterday.

This ASX All Ords gaming share has fallen 32% YTD, and is down 25% over the past 12 months.

Jarden has a buy rating on Jumbo Interactive shares with a price target of $12.70.

Cleanaway Waste Management Ltd (ASX: CWY)

The Cleanaway Waste Management share price fell to a 52-week low of $2.31 on Thursday.

The ASX All Ords industrials share has fallen 11% YTD, and dropped 9% over 12 months.

Morgans has a buy rating with a 12-month price target of $3.11.

The broker commented:

1H26 was a mixed bag, with a minor bottom-of-the-range EBIT guidance upgrade.

Next catalyst is the investor strategy day planned for 21 April.

Earnings forecast adjustments are minimal, cashflow downgrades more material.

Sonic Healthcare Ltd (ASX: SHL)

The Sonic Healthcare share price fell to a 52-week low of $20.50 on Thursday.

The ASX All Ords healthcare share has deteriorated 8% YTD and 20% over the past year.

Macquarie has an outperform rating on Sonic Healthcare with a price target of $27.50.

Saluda Medical Inc (ASX: SLD)

Fellow ASX All Ords healthcare share, Saluda Medical, dropped to a 52-week low of 80 cents yesterday.

The Saluda Medical share price has tumbled 42% YTD, and is down 35% over 12 months.

Morgans has a speculative buy rating with a 12-month price target of $3.07.

The broker said:

1H26 showed solid revenue momentum, improving margins, and continued expansion of the US sales force, supporting confidence in a stronger 2H.

Reiteration of FY26 revenue guidance (US$85m) added further comfort and now expects to exceed IPO metrics for gross margin, adjusted EBITDA and cash burn.

The post 6 ASX All Ords shares at 52-week lows: Experts say buy appeared first on The Motley Fool Australia.

Will the market be able to build on this on Friday and end the week on a high? Here are five things to watch:

ASX 200 expected to sink

The Australian share market looks set to sink on Friday following a poor night in the United States. According to the latest SPI futures, the ASX 200 is expected to open 162 points or 1.8% lower this morning. In late trade on Wall Street, the Dow Jones is down 2.2%, the S&P 500 is down 1.2% and the Nasdaq is down 1.1%.

Oil prices jump

It could be a good finish to the week for ASX 200 energy shares Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after a strong night for oil prices. According to Bloomberg, the WTI crude oil price is up 8.4% to US$80.93 a barrel and the Brent crude oil price is up 4.85% to US$85.34 a barrel. Concerns over global fuel supply disruption were behind this rise.

ASX shares going ex-dividend

A number of ASX shares will be going ex-dividend this morning and could trade lower. This includes fuel retailer Ampol Ltd (ASX: ALD), broadband provider Aussie Broadband Ltd (ASX: ABB), and tech company Objective Corporation Ltd (ASX: OCL). Last month, Ampol declared a fully franked dividend of 60 cents per share. This will be paid to eligible shareholders at the start of next month on 2 April.

Gold price tumbles

ASX 200 gold shares Evolution Mining Ltd (ASX: EVN) and Newmont Corporation (ASX: NEM) could have a poor finish to the week after the gold price tumbled overnight. According to CNBC, the gold futures price is down 1.25% to US$5,070.6 an ounce. A stronger US dollar weighed on the precious metal.

Buy Catapult shares

Catapult Sports Ltd (ASX: CAT) shares are good value according to analysts at Bell Potter. This morning, the broker retained its buy rating on the sports technology company's shares with a trimmed price target of $4.85. It said: "Catapult remains one of our preferred tech stocks amongst the mid caps (along with Gentrack). We note Catapult is likely to come out of the S&P/ASX 200 at the next rebalance later this month but remain in the S&P/ASX 300. This could be viewed as a negative catalyst but in our view is already largely expected so should not come as a surprise."

The post 5 things to watch on the ASX 200 on Friday appeared first on The Motley Fool Australia.

But which ASX shares could be buys?

Three that Morgans is bullish on are named below. Here's what it is recommending to clients:

Catalyst Metals Ltd (ASX: CYL)

Morgans thinks that this gold miner could be a good option for investors looking for exposure to this side of the market.

In response to its half-year results, the broker has retained its buy rating and $14.56 price target. It said:

1H26 result was broadly in line with expectations, with FY26 shaping as a foundation year ahead of a step-change in ounce growth from FY27 and beyond, underpinned by ~10 years of reserves. Key positive: Continued uplift in the price of gold has delivered a material uplift in revenue (+50% pcp) and underlying EBITDA (+92%) despite ounce production effectively being flat pcp. Key negative: legal settlement fees regarding Plutonic's K2 prospect (A$49m) eroded NPAT which was not fully captured in our forecasts. We maintain our BUY rating and A$14.56ps price target.

Light & Wonder Inc. (ASX: LNW)

Another ASX share that has been given a buy rating (with a $195.00 price target) by Morgans is gaming technology company Light & Wonder.

The broker was pleased with management commentary relating to AI disruption and agrees that it will strengthen its competitive edge. As a result, it thinks recent share price weakness has created an opportunity. It explains:

We were encouraged by management's articulation of AI as both an offensive growth lever and a defensive moat. Net/net, we view AI as enhancing LNW's competitive edge rather than eroding it, and the recent share price weakness appears disconnected from the durability of its land-based earnings base.

In our view, LNW trades on an undemanding valuation given: (1) supportive NA EGM demand; (2) litigation overhang behind it; (3) a balance sheet set to delever through 2026 (MorgansF: ~2.9x); and (4) Grover providing a high-return, recurring revenue vertical growing ahead of expectations. We upgrade to BUY, however lower our price target to A$195 (previously A$200).

Objective Corporation Ltd (ASX: OCL)

Finally, Morgans has named information technology software and services provider Object Corp as a buy with a $16.70 price target.

The broker believes there are tailwinds that will be supportive of its long-term growth momentum. It explains:

OCL's FY26 ARR guidance has been reset to 10-14% (CC basis). Our EBITDA forecasts reduce by -4% across FY26-FY28F, driven by adjustments for ARR guidance and our expectations around timing of investment/margins and currency movements. Our blended DCF/EV/EBITDA based price target revises to $16.70/sh (from $20.00/sh). We see tailwinds remaining supportive of OCL's long-term growth momentum. Following the recent pullback in OCL's share price we move to a Buy rating (from Accumulate).

The post Morgans names 3 ASX shares to buy in March appeared first on The Motley Fool Australia.

Four ASX shares that have failed to follow the market higher today are listed below. Here's why they are falling:

Cettire Ltd (ASX: CTT)

The Cettire share price is down 24% to 34 cents. Investors have been selling this online fashion retailer's shares amid concerns that it could go bust. This morning, Cettire reported a modest decline in sales revenue to $382.8 million and a net loss of $1.1 million. The company also included a going concern statement in its financial accounts, acknowledging a major net current asset deficiency. It said: "The net current asset deficiency and the net loss after tax for the current period gives rise to a material uncertainty in relation to going concern that may cast significant doubt on the Group's ability to continue as a going concern and to realise its assets and settle its liabilities in the ordinary course of business. Despite these material uncertainties, the directors have considered the performance and position of the Group and consider that the going concern basis is appropriate."

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price is down 7% to $12.91. This follows the release of the information technology software and services provider's half-year results. Objective Corp posted a 9% lift in revenue to $66.7 million and a 10% increase in net profit after tax to $18.7 million. The company also revealed annualised recurring revenue (ARR) growth of 12% to $120 million. However, this is short of its 15% ARR target.

Qantas Airways Ltd (ASX: QAN)

The Qantas share price is down 9% to $9.71. This is despite the airline operator releasing its half-year results and revealing a profit before tax ahead of consensus expectations. Thanks to growth across the business, Qantas delivered a 6.3% increase in revenue to $12.9 billion. This underpinned a 5.1% increase in underlying profit before tax to $1,456 million, which was around 2% ahead of consensus estimates. A fully franked interim dividend of 19.8 cents per share was declared. This is up 20% on the prior corresponding period.

Worley Ltd (ASX: WOR)

The Worley share price is down 10% to $11.77. This morning, the professional services company reported aggregated half-year revenue of $6,312 million, up 5.4% on the prior corresponding period. However, underlying NPATA was down 4.2% to $207 million and statutory NPATA was down 29.6% to $152 million.

The post Why Cettire, Objective Corp, Qantas, and Worley shares are falling today appeared first on The Motley Fool Australia.

What did Objective Corporation report?

• Group revenue rose 9% to $66.7 million
• Adjusted EBITDA increased 11% to $25.9 million
• Net profit after tax was up 10% to $18.7 million
• Annualised recurring revenue (ARR) grew 12% to $120 million
• Operating cash flow rose to $21.7 million, up from $12.6 million in 1HY2025
• Interim unfranked dividend of 13 cents per share declared

What else do investors need to know?

The company continued its strong investment in research and development, spending $16.6 million in the half—equivalent to 28% of software revenue. Over half of this, $8.7 million, was capitalised to support long-term product innovation.

Objective finished the period with a healthy cash balance of $95.1 million and no external borrowings, highlighting a robust balance sheet. The acquisition and full integration of Isovist during the half supported growth in the Planning and Building business line, which posted a 39% increase in revenue.

What did Objective Corporation management say?

CEO Tony Walls commented:

Through 1HY2026 we have built a solid foundation for the remainder of the year, and well into FY2027. While acknowledging there is work yet to do, we approach the second half with confidence. We will continue investment to support the strong momentum in each of our lines of business while delivering strong profit and cash flow margins, to sustain the flywheel of Innovation that underpins our long-term business success. For FY2026, we expect ARR growth to be in the range of 10-14%, on a constant currency basis, recognising that Objective Build in Australia will most likely contribute modestly this year, but provide a strong platform for FY2027. We continue to invest in-line with our internal growth target of 15% annual ARR growth.

What's next for Objective Corporation?

Objective expects annualised recurring revenue growth between 10% and 14% in FY2026. The company is focusing on increasing its investment in go-to-market capability and further deepening its domain expertise to drive sales growth across its core business areas.

Ongoing investment in both organic development and strategic M&A is part of the company's plan to build on recent momentum and deliver sustainable returns to shareholders. Management remains optimistic about achieving its 15% annual ARR growth target over time.

Objective Corporation share price snapshot

Over the past 12 months, Objective Corporation shares have declined 20%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 11% over the same period.

View Original Announcement

The post Objective Corporation 1H FY26: profit climbs, dividend declared appeared first on The Motley Fool Australia.

Meanwhile, the S&P/ASX 200 Index (ASX: XJO) rose 1.84% to finish at 9,081.4 points on Friday.

As earnings season continued, strong results and higher oil prices pushed the ASX 200 to a new record of 9,118.3 points on Thursday.

That beat the previous record of 9,115.2 points set on 21 October.

Eight of the 11 market sectors finished the week in the green.

Let's recap.

ASX tech shares led the market last week

Last week was a welcome bright spot for ASX 200 tech shares, which are in the midst of a prolonged rout.

And boy, is it ugly.

The S&P/ASX 200 Information Technology Index (ASX: XIJ) has fallen by more than 40% over the past six months.

We took a deep dive into the issues plaguing the sector last week.

In a nutshell, there's fear in the market over artificial intelligence (AI).

Investors are worried about high tech stock valuations, extraordinary AI capex, and whether AI could white-ant SaaS companies.

Perhaps a rebound is now underway, given last week's 6.55% increase for the tech sector.

Let's take a look at what happened in the sector last week.

WiseTech Global Ltd (ASX: WTC) shares lifted 10.51% to finish at $47.10 ahead of the company's earnings release on Wednesday.

The Xero Ltd (ASX: XRO) share price rose 5.51% to $77.54.

NextDC Limited (ASX: NXT) shares slipped 0.71% to $13.92.

TechnologyOne Ltd (ASX: TNE) shares soared 22.71% to $24.74, with investors reassured by upgraded FY26 guidance at last week's AGM.

Shares in electronics solutions provider Codan Ltd (ASX: CDA) lifted 1.37% to $34.69.

Life360 Inc (ASX: 360) shares increased 8.27% to $23.84.

The Megaport Ltd (ASX: MP1) share price tumbled 9.98% after the company reported an underlying net loss of $3.3 million for 1H FY26.

The Dicker Data Ltd (ASX: DDR) share price rose 7.32% to $10.41 ahead of its earning report on Thursday.

Macquarie Technology Group Ltd (ASX: MAQ) shares rose 5.4% to $67.19.

The Data#3 Ltd (ASX: DTL) share price lifted 4.24% to $9.10 ahead of the IT solutions provider's earnings release on Monday.

Objective Corporation Ltd (ASX: OCL) shares increased 6.4% to $14.

The Iress Ltd (ASX: IRE) share price edged 0.43% higher to $7.05 ahead of the financial technology company's report on Wednesday.

The Catapult Sports Ltd (ASX: CAT) share price rose 5.72% to $3.51.

Hansen Technologies Ltd (ASX: HSN) soared 16.29% to $5.14 after the company reported a 389.1% lift in net profit for 1H FY26.

Hansen is one of a large group of ASX 200 shares going ex-dividend next week. The tech stock will pay a dividend of 5 cents per share.

Shares in hotel bookings management platform provider, Siteminder Ltd (ASX: SDR) rose 4.62% to $3.62.

The Weebit Nano Ltd (ASX: WBT) share price fell 0.2% to $4.90.

Shares in wealth management software company Bravura Solutions Ltd (ASX: BVS) fell 7.45% to $1.93.

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 ASX 200 tech shares lead market sectors with a 7% bounce back appeared first on The Motley Fool Australia.

And it makes sense that this market is getting more attention. Mid-caps often have more resilience than their smaller counterparts and potentially more runway for growth than their larger ones.

Here are three that are worth adding to your watchlist.

Megaport Ltd (ASX:MP1)

Megaport may not be the most exciting name in AI tech right now, but it is a pivotal one. This Network-as-a-Service provider facilitates connectivity between data centres, cloud services and corporate networks with an on-demand model that allows business to access the bandwidth needed at any given point.

Its share price has been a little volatile of late, down over 10% in the last month, potentially due to some investor caution about its relatively high price-to-sales ratio and broader weakness in the tech sector.

However, Megaport delivered solid results in FY25 and has some strong, tailwinds, with the surge in AI usage driving demand for fast, low-latency interconnection.

In FY25, it reported 20% growth in Annual Recurring Revenue (ARR), 16% growth in total revenue ($227.1 million) and an 18% lift in large customers. And it is moving forward with a compute-as-a-service arm through the acquisition of Latitude.Sh, a play that will expand its global reach and capability.  

Although recent indicators are positive, right now, this might be a buy for investors with a slightly higher risk tolerance than me. But I do think there is potential value here. I'm adding it to my watchlist with a sneaking suspicion that it might be one I later regret not jumping on.

HUB24 Ltd (ASX: HUB)

While this stock has gained more attention recently, for me, it deserves still more of the spotlight. At current prices, I believe it's conservatively valued and poised for growth.

HUB24 is an Australian investment and superannuation platform, delivering technology solutions to the financial advice sector. It offers a range of cloud-based and platform products to accountants, wealth advisers and financial planners, from compliance to reporting.

It's been recognised as the overall market leader in platform functionality in successive Investment Trends annual benchmarking reports. And it is an industry favourite with rapidly growing funds under management, reporting record quarterly net inflows of $5.6 billion in Q2 FY26. 

The quality of its platform is fast creating a competitive moat for this local tech success story, particularly as the financial advice industry faces ever more complex regulation.  

In FY25, it posted revenue of $406.6 million, representing 24% year-on-year growth. In addition, it's underlying EBITDA margin grew to 39.9%, indicating solid operating leverage.

Its share price is sitting at $76.57, down from a 12-month high of $122.03, making now an attractive entry point for investors. 

Objective Corporation Ltd (ASX: OCL)

Objective is another player in the tech space that is perhaps not garnering as much attention as it deserves. It delivers mission-critical technologies to government and enterprise, everything from planning tech for local councils to disclosure management software for HUB24.

It has seen some share price decline over the last year, down circa 15%, driven by the broader pullback across the tech sector. Investors may also be cautious about its reliance on heavily regulated industries in the current climate.

That said, I think Objective is primed for growth.

In FY25, it reported:

• A 15.1% jump in ARR to $120 million
• Net profit after tax growth of 13% to $35.4 million
• Total dividends of 22 cents per share

It has a solid defensive moat, too, being embedded in large-scale government and defence clients. And it has demonstrated a commitment to constant innovation with a healthy investment in research and development in FY25.

Objective is attractively priced right now. And, in my opinion, it's one to consider for long-term investors who are prepared for the prospect of some shorter-term volatility.    

The post ASX tech mid-cap stocks to watch this earnings season appeared first on The Motley Fool Australia.

The market is taking a breather after a strong week that saw the ASX 200 lift to a 14-week high of 9,105 points.

Earnings season is well underway, with strong results from several majors pushing the ASX 200 3.84% higher by Thursday's close.

On Wednesday, Commonwealth Bank of Australia (ASX: CBA) surprised the market with a 6% cash profit lift for 1H FY26.

That saw CBA shares snatch the crown as the largest ASX 200 stock by market cap back from BHP Group Ltd (ASX: BHP) on Thursday.

CBA declared a fully-franked interim dividend of $2.35 per share, up 4% from 1H FY25, with the ex-dividend date next Wednesday.

Check out other ASX 200 shares going ex-dividend next week here.

ANZ Group Holdings Ltd (ASX: ANZ) also surprised with a $1.94 billion cash profit in 1Q FY26, up 75% on the 2H FY25 quarterly average.

That news sent ANZ shares to a record high of $40.95 today.

Northern Star Resources Ltd (ASX: NST) also impressed with a 41% lift in statutory profit to $714.4 million for 1H FY26.

Northern Star will pay a fully-franked interim dividend of 25 cents per share.

The positive result sent the largest gold miner on the ASX 200 to a record high of $30.21 per share yesterday.

While some ASX 200 shares are hitting record highs, many are skirting new lows this week.

ASX 200 shares at 52-week lows on Friday

Scores of ASX 200 shares are hitting multi-year lows today.

Here is a sample of them.

JB Hi‑Fi Ltd (ASX: JBH)

The JB Hi‑Fi Ltd share price fell 3.9% to an 18-month low of $76.34 on Friday.

The popular retailer is due to release its earnings report on Monday, according to our calendar.

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster shares dipped 5.2% to a two-year low of $7.24.

This ASX 200 retail share got smashed this week after dropping its 1H FY26 report.

Cochlear Ltd (ASX: COH)

The Cochlear share price has disintegrated on Friday after the release of the company's 1H FY26 results.

The ASX 200 healthcare share nosedived 17.8% to a two-and-a-half-year low of $202.21.

Xero Ltd (ASX: XRO)

The Xero share price tumbled 5.4% to a three-year low of $72.26 on Friday.

Tech shares are having a rough trot, particularly those in the software-as-a-service (SaaS) space, due to fears that AI will replace them.

The S&P/ASX 200 Information Technology Index (ASX: XIJ) is down 24% in the year to date.

Pro Medicus Ltd (ASX: PME)

Pro Medicus shares dived 8.3% to a two-and-a-half-year low of $118.23 on Friday.

Investors thrashed this ASX 200 healthcare share despite the company reporting record results this week.

Aristocrat Leisure Ltd (ASX: ALL)

Aristocrat Leisure shares dipped 4.9% to an 18-month low of $48.48 on Friday.

WiseTech Global Ltd (ASX: WTC)

Today, the WiseTech share price tanked 14.7% to a three-and-a-half-year low of $40.59.

Wisetech will release its earnings report on Wednesday.

Technology One Ltd (ASX: TNE)

TechnologyOne shares dropped 7.1% to an 18-month low of $20.17 today.

Telix Pharmaceuticals Ltd (ASX: TLX)

The Telix Pharmaceuticals share price fell 2.8% to a two-year low of $8.83.

Guzman y Gomez (ASX: GYG)

Guzman y Gomez shares dropped 8.7% to a record low of $18.58 on Friday.

Mirvac Group (ASX: MGR)

The Mirvac Group share price fell 1.6% to a 52-week low of $1.90.

The ASX 200 property share will be on watch next Wednesday when the company releases its earnings report.

Dexus (ASX: DXS)

This ASX 200 REIT share fell 2.5% to a 52-week low of $6.16 on Friday.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price fell 4% to a two-year low of $12.88 today.

The post 13 ASX 200 shares hit multi-year lows as the market takes a breather appeared first on The Motley Fool Australia.

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

Life360 Inc (ASX: 360)

The Life360 share price is up 28% to $33.99. Investors have been fighting to get hold of the location technology company's shares after it released a very strong fourth quarter update. Life360 revealed that its monthly active users (MAU) reached 95.8 million, up 20% year on year. This comprises US MAU of 50.6 million and international MAU of 45.3 million. Another positive was that its Paying Circles (paid users) grew 576,000 to 2.8 million. This was the largest annual net addition on record. In light of this, FY 2025 revenue is now expected to be between US$486 million and US$489 million. This represents a year on year increase of 31% to 32%.

Northern Star Resources Ltd (ASX: NST)

The Northern Star share price is up 6% to $27.78. This follows a jump in the gold price overnight, which is lifting most gold miners today. In addition, a note out of Bell Potter reveals that its analysts have retained their buy rating on its shares with an improved price target of $31.10. It said: "Despite the lower production and higher costs, NST managed to generate A$648m of operating mine cash flow (A$129m net mine cash flow) over the quarter. As the business comes to the end of the KCGM mill expansion we expect the business to generate materially higher FCF which may be distributed to shareholders or re-invested."

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price is up 4% to $16.48. This morning, this content, collaboration, and process management solutions provider revealed plans to buy back shares. Starting next month, Objective Corporation will commence an on-market buy-back of up to approximately 9.6 million shares.

Rox Resources Ltd (ASX: RXL)

The Rox Resources share price is up 7% to 59 cents. As well as getting a big lift from the rising gold price, this morning this gold stock released its quarterly update. Its managing director and CEO, Phillip Wilding, spoke very positively about the quarter and its future. He said: "Rox has had a transformational quarter with the release of the DFS, commencement of underground mining and completion of the planned equity funding component of the project financing. Our DFS confirmed the financial and technical viability of the Youanmi Gold Project, with strong metrics, low costs and a moderate capital requirement."

The post Why Life360, Northern Star, Objective Corp, and Rox shares are charging higher today appeared first on The Motley Fool Australia.

What did Objective Corporation report?

• Objective will commence an on-market buy-back of up to 9,590,176 ordinary shares (around 10% of shares on issue).
• The buy-back window runs from 6 February 2026 to 5 February 2027.
• Barrenjoey Markets Pty Ltd appointed as broker to conduct buy-backs on behalf of Objective.
• Buy-backs to be settled in Australian dollars through cash consideration.
• No shareholder approval is required for this on-market buy-back.

What else do investors need to know?

The purpose of the buy-back is to return surplus capital to shareholders and improve capital efficiency. The company has not specified any minimum shares it intends to buy back but capped the maximum at 9,590,176 shares.

Shareholders should note that the buy-back will be conducted gradually on-market and the actual number of shares to be bought back depends on market conditions and the Objective share price over the period.

What's next for Objective Corporation?

Objective Corporation will begin its buy-back program in early February 2026, running for up to a year. The move may lead to improved earnings per share over time if shares are repurchased below intrinsic value.

Looking ahead, investors will be watching management's ongoing capital allocation and any future updates on the progress of the buy-back.

Objective Corporation share price snapshot

Over the past 12 months, Objective Corporation shares have declined 2%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.

View Original Announcement

The post Objective Corporation launches on-market share buy-back appeared first on The Motley Fool Australia.

Let's take a look at two ASX tech shares that Morgans has been running the rule over this week and why it is speaking positively about them:

Catapult Sports Ltd (ASX: CAT)

This sports performance technology company has caught the eye of analysts at Morgans.

The broker believes that Catapult is well-positioned to grow its revenue at a strong rate in the coming years. So much so, Morgans believes that the company is destined to become a member of the coveted Rule of 40 club by FY 2027.

In light of this, the broker has initiated coverage on this ASX tech share with a buy rating and $6.25 price target. This implies potential upside of 18% for investors over the next 12 months. Commenting on its initiation, Morgans said:

Catapult Sports Ltd (CAT) is a global leader in sports performance technology that provides a comprehensive all-in-one platform for elite professional and collegiate sports. This encompasses coaching, scouting, analytics and athlete management. Initially landing with its core wearables technology, CAT has since expanded its service offering and opened up new key verticals assisting its penetration into a large addressable market of ~20k teams globally.

We forecast strong topline growth for CAT, estimating a ~20% ACV 3-year CAGR, reaching ~US$180m by FY28. A scalable platform and strong SaaS metrics should see CAT join the 'Rule of 40' club by FY27. We initiate coverage on Catapult Sports (CAT) with a Buy recommendation and a A$6.25 per share price target.

Objective Corporation Ltd (ASX: OCL)

Another ASX tech share that Morgans has been looking at is information technology software and services provider Objective Corporation.

The broker believes that momentum is building and it is positioned for profitable growth in the coming years. It has upgraded its shares to an accumulate rating with a $20.00 price target, which suggests that upside of 11% is possible from current levels. It said:

OCL's recent investor day showcased the group's product, strategy & the broader opportunity that sits across its solutions. OCL's vision and direction is in our view clearer now vs. its inaugural event 2 years ago. We believe momentum across the business continues to build, which sees OCL well placed to deliver profitable growth in coming years. In light of the recent share price pull back, we move to an ACCUMULATE rating, with a revised PT of $20.00/sh.

The post Why Morgans is bullish on these ASX tech shares appeared first on The Motley Fool Australia.

Investors who spotted their potential early and held on have been rewarded with extraordinary gains.

For example, WiseTech shares are up 275% over the past five years, whereas Pro Medicus shares are up 1,100% over the same period.

The challenge, of course, is how to identify the next generation of ASX winners before the rest of the market catches on. While there's no foolproof formula, there are some traits that these companies tend to share.

Look for global ambition

Both WiseTech and Pro Medicus didn't limit themselves to the Australian market. WiseTech has become a global logistics software leader, while Pro Medicus continues to win contracts with U.S. healthcare providers.

The next big winners are likely to be businesses with a product or service that can scale internationally. A small cap with an innovative solution but only local focus might not deliver the same outsized growth.

Recurring revenue is key

One of the secrets to compounding success is recurring revenue. WiseTech locks in customers with long-term software contracts, and Pro Medicus signs multi-year deals with major hospitals. That recurring revenue base makes earnings more predictable and allows reinvestment for further growth.

When assessing small caps, look for subscription models, long-term contracts, or mission-critical services that create sticky customer relationships.

Strong margins and capital-light models

Pro Medicus is famous for its extremely high profit margins, while WiseTech has steadily expanded its margins as it scales.

Both operate capital-light business models where growth doesn't require huge new factories or infrastructure. High margins and scalability often separate the next WiseTechs from the also-rans.

Early examples on the ASX

A few shares on the ASX today display some of these characteristics. Siteminder Ltd (ASX: SDR), for instance, provides a global hotel commerce platform with recurring subscription revenue and strong international growth prospects.

Objective Corporation Ltd (ASX: OCL) has been a quiet achiever, with sticky government and private sector software contracts driving compounding earnings.

And in healthcare, 4DMedical Ltd (ASX: 4DX) is pushing into the U.S. market with FDA-approved imaging technology that could one day replicate the Pro Medicus growth story — albeit still early in its commercialisation journey.

Foolish takeaway

Spotting the next WiseTech or Pro Medicus is never easy, and there will always be risks along the way. But by focusing on businesses with global ambition, recurring revenue, strong margins, and scalable models, investors give themselves the best chance of backing the next ASX superstar.

Patience is key. These shares don't become giants overnight — but for those willing to hold through the journey, the rewards can be spectacular.

The post How to spot the next WiseTech or Pro Medicus on the ASX appeared first on The Motley Fool Australia.

Meanwhile, the S&P/ASX 200 Index (ASX: XJO) slipped 0.07% to close at 8,864.9 points on Friday.

Just five of the 11 market sectors finished the week in the green.

Let's review.

ASX technology shares led the market last week

Let's take a look at how the major ASX 200 technology shares performed last week.

The ASX 200's largest tech share, WiseTech Global Ltd (ASX: WTC), lifted 1.46% to close at $94.93 on Friday.

We presented 4 expert opinions on whether WiseTech shares are a buy, hold, or sell right now.

Wisetech shares went ex-dividend on Friday and will pay a final dividend of 11.9 cents on 10 October.

The Xero Ltd (ASX: XRO) share price rose 2.07% to $162.18 last week.

TechnologyOne Ltd (ASX: TNE) shares slipped 0.21% to $38.06 apiece.

Nextdc Ltd (ASX: NXT) shares increased 4.84% to $17.32.

The Life360 Inc (ASX: 360) share price swished 8% higher to $49.34.

Life360 shares are a firm investor favourite and have risen 21% in just one month.

Morgan Stanley has a buy rating on Life360 shares with a 12-month price target of $51.

Codan Ltd (ASX: CDA) shares inched 0.58% higher to finish at $30.95 apiece on Friday.

Megaport Ltd (ASX: MP1) shares rose 5.68% to $14.89 after Citi issued a bullish note upgrading the tech stock to a buy.

The Siteminder Ltd (ASX: SDR) share price lifted 1.46% to $6.93.

Objective Corporation Ltd (ASX: OCL) shares fell 0.63% to $20.58 apiece.

The Catapult Sports Ltd (ASX: CAT) share price ripped 15.67% to $6.79 despite no news from the company last week.

Catapult Sports shares reached a new record high of $6.99 on Friday.

Dicker Data Ltd (ASX: DDR) shares lifted 1.55% to $9.84 apiece.

The Iress Ltd (ASX: IRE) share price slipped 0.11% to $9.12.

Macquarie Technology Group Ltd (ASX: MAQ) shares rose 3.68% to close at $61.70 on Friday.

Macquarie Tech is among 9 ASX shares being dumped from the benchmark ASX 200 index in the next rebalance.

The Data#3 Ltd (ASX: DTL) share price lifted 4.2% to $9.68 and reached an 18-month high of $9.74 on Friday.

Data#3 shares are among 23 ASX stocks going ex-dividend next week.

The company will pay a dividend of 15 cents per share on 30 September.

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 ASX 200 tech shares led last week with sector darling Life360 now up 21% in a month appeared first on The Motley Fool Australia.

Three popular shares that the broker has given its verdict on are listed below. Here's what it is saying about them:

Goodman Group (ASX: GMG)

Morgans was pleased with this industrial property company's performance in FY 2025 and its outlook for the year ahead. Particularly given its exposure to the growing data centre market.

In response, the broker has retained its accumulate rating with a $38.40 price target. Commenting on Goodman, it said:

GMG continues its growth trajectory, with FY26 guidance to see EPS increase 9% (vs pcp). The data centre buildout gathers pace and now represents 57% of Work In Progress (WIP) and will likely drive a higher production rate over the medium term (a key driver of development earnings).

We continue to see the opportunity in GMG, which offers one of the highest quality exposures amongst our REIT coverage. So, whilst upside is limited, GMG offers long run exposure to a substantial data centre deployment and the stock remains a core portfolio holding, hence the ACCUMULATE recommendation and $38.40/sh price target.

Megaport Ltd (ASX: MP1)

Another ASX share that has been given an accumulate rating (with an improved price target of $16.50) is network-as-a-service provider Megaport.

It notes that Megaport delivered a result ahead of expectations and highlights its "top tier" LTV:CAC ratio. It said:

MP1's FY25 headline result was a beat vs expectations due to currency gains and inline on an underlying basis. Most importantly, revenue growth is accelerating. Excluding "accelerated investment" FY26 EBITDA would be 10% above consensus expectations. However, management have opted to supercharge growth and invest an additional 10% of revenue into sales, marketing and engineering. This OPEX drags short-term EBITDA lower.

However, as explained below, this additional investment increases our valuation because the returns on incremental spend are high. MP1's LTV:CAC ratio is 6x which is top tier and means every $1 spent on Customer Acquisition adds $6 of gross profit, which lifts our DCF. We reduce our short-term forecasts, but our DCF-based valuation lifts due to higher medium-term free cash flow on higher short-term investment spend.

Objective Corporation Ltd (ASX: OCL)

Finally, this public sector software provider's shares are a hold according to Morgans with a $22.90 price target.

It was pleased with its results, which were in line with expectations, but feels that its shares are fairly valued after rallying strongly. It explains:

OCL delivered a solid FY25 result, broadly in line with MorgF. NPAT of $35.4m (+13% YoY) as in line with MorgF & Consensus, whilst Underlying EBITDA of $46.4m (+5% YoY) was ~3% behind MorgF.

Having stumbled to reach its ARR targets in recent years, OCL achieved +15% ARR growth (supported by its recent Isovist acquisition) and reiterated a similar growth target for FY26 which along with prospects for ASX300 index reweighting saw the market react favourably. Whilst we see OCL's outlook as remaining supportive of strong growth into FY26, OCL's share price reaction yesterday (+20%), in our view sees the stock fairly valued.

The post Morgans gives its verdict on 3 popular ASX shares appeared first on The Motley Fool Australia.

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

Brambles Ltd (ASX: BXB)

The Brambles share price is up over 10% to $25.71. Investors have been buying this logistics solutions company's shares following the release of its full year results. Brambles reported a 3% lift in sales revenue from continuing operations to US$6,669.7 million and a 13% jump in operating profit after tax from continuing operations to US$864.2 million. Looking ahead, Brambles expects further strong profit growth in FY 2026. It is guiding to "sales revenue growth at constant FX rates of 3-5%; Underlying Profit growth at constant FX rates of 8-11%; and Free Cash Flow before dividends of between US$850-950 million."

Codan Ltd (ASX: CDA)

The Codan share price is up 12.5% to $26.64. The catalyst for this has been the release of the metal detector company's full year results. Codan posted a 22% increase in revenue to $674.2 million and a 27% lift in net profit after tax to $103.5 million. Management advised that this reflects strong organic growth, supplemented by the recently acquired Kagwerks business. In addition, the sky high gold price appears to be supporting the strong growth in metal detector sales.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price is up 18% to $22.40. This morning, this public sector focused software provider released its FY 2025 results and reported a 15.1% increase in annualised recurring revenue (ARR) to $120 million and a 13% lift in net profit after tax to $35.4 million. This allowed the Objective Corp board to declare a final unfranked dividend of 13 cents per share. Total dividends in FY 2025 were 22 cents per share.

Super Retail Group Ltd (ASX: SUL)

The Super Retail share price is up 12% to $18.55. This follows the release of the retail conglomerate's full year results. The Supercheap Auto owner posted a 4.5% lift in group sales to $4.1 billion and a 4% decline in normalised net profit after tax to $232 million. This appears to have been better than feared. And once again, Super Retail announced a special dividend (30 cents per share) alongside its final dividend of 34 cents per share. Both payouts will be fully franked.

The post Why Brambles, Codan, Objective Corp, and Super Retail shares are racing higher today appeared first on The Motley Fool Australia.

The fast-rising stock in question is Objective Corp Ltd (ASX: OCL).

Shares in the Aussie software company closed yesterday trading for $19.00. In earlier trade, shares just leapt to $22.99 apiece, up 21.0%. After some likely profit-taking, shares are trading for $22.49 each at the time of writing, up 18.4%.

Here's what's stoking investor interest.

ASX All Ords stock rockets on surging profits

Investors are piling into the ASX All Ords stock following the release of Objective's full-year results for the 12 months to 30 June (FY 2025).

Among the highlights, Objective reported FY 2025 revenue of $123.5 million, up 5% year on year.

Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) were also up 5% to $46.5 million.

And on the bottom line, net profit after tax (NPAT) increased by 13% to $35.4 million.

In other core financial metrics, annualised recurring revenue (ARR) of $120.2 million was up 15% year on year.

Management noted, "During FY 2025, 100% of our software revenue was contracted under a subscription model and recurring revenue represented 84% of total revenue from customers."

Over the 12 months, the ASX All Ords stock lifted its investment spending in Research and Development (R&D) by 10.6% to $31.2 million, representing 30% of software revenue. The company said $15.7 million of this R&D investment was capitalised in FY 2025, up from $14.1 million in FY 2024.

Objective's FY 2025 operating cash flow of $46.3 million was down 17.0% year on year. But the company's cash balance increased by 3% to end the financial year at $99.2 million, after doling out $24.7 million in dividends over the year.

As for the final FY 2025 payout, management declared a final unfranked dividend of 13 cents per share. If you'd like to bank that passive income, you'll need to own the ASX All Ords stock at market close on 4 September. Objective Corp's shares trade ex-dividend on 5 September.

What can investors expect from Objective Corp shares now?

Objective did not provide specific guidance for FY 2026.

But management noted that the company's strong financial position "provides significant capacity to further pursue investment opportunities that enhance returns for stakeholders".

Objective has no external borrowings.

With today's big intraday gains factored in, shares in the ASX All Ords stock are up 77.8% since this time last year.

The post This ASX All Ords stock just surged 21% today! Here's why appeared first on The Motley Fool Australia.

What did Objective Corporation report?

• Revenue up 5% to $123.5 million
• Adjusted EBITDA increased 5% to $46.5 million (39% margin)
• Net profit after tax rose 13% to $35.4 million
• Annualised recurring revenue up 15% to $120.2 million
• R&D investment of $31.2 million (30% of software revenue)
• Total dividends of 22 cents per share, up 29%

What else happened in FY2025?

Objective reported that 100% of software revenue was contracted under subscription, with recurring revenue representing 84% of total customer revenue. Across business lines, ARR rose in Content Solutions (up 12%), Regulatory Solutions (up 17%), and Planning & Building (up 31%).

The company invested significantly in R&D, with $15.7 million capitalised during the year. Operating cash flow was $46.3 million and cash at balance date rose 3% to $99.2 million, despite distributing $24.7 million in dividends. Objective remains debt-free and says its strong balance sheet supports future investment opportunities.

What's next for Objective Corporation?

Objective Corporation says its financial position gives it significant capacity to seek further investments that support returns for stakeholders. Management continues to prioritise R&D and digital solutions, especially for public sector clients, as a key growth driver.

The company's ongoing commitment to a subscription model and focus on digital transformation in regulated industries is expected to support recurring revenue growth in the year ahead.

Objective Corporation share price snapshot

Factoring in today's surge, Objective Corporation shares are up 81% over the past 12 months at the time of writing, far outpacing the S&P/ASX 200 Index (ASX: XJO) which has risen 12%. 

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The post Why are Objective Corporation shares up 20% today? appeared first on The Motley Fool Australia.

Meanwhile, the brokers have downgraded several ASX All Ords shares to moderate sell ratings.

Some of these ratings are based on valuation. The experts think these shares have gone up too much — beyond their fundamental worth.

Other downgrades are based on company-specific issues.

Sell 'em, say the experts

Here are 8 ASX All Ords shares downgraded over the past month by analysts on the CommSec platform.

Evolution Mining Ltd (ASX: EVN)

The Evolution Mining share price is $7.21, down 0.35% on Tuesday.

This ASX All Ords large-cap was among 17 shares that soared 100% or more in FY25.

The gold stock has lifted 83% over the past 12 months.

CommSec analysts have a consensus moderate sell rating on Evolution Mining.

Morgans put a trim rating on Evolution shares last month after the miner released its quarterly report and an exploration update.

Computershare Ltd (ASX: CPU)

The Computershare share price is $40.15, down 0.94%.

This ASX All Ords industrial share has risen 59% over the past year.

CommSec analysts have a consensus moderate sell rating on the administrative services company.

Damien Nguyen from Morgans is among the analysts with a sell rating on Computershare.

Nguyen explains:

As we anticipate moving into a lower interest rate environment, earnings growth may come under pressure as its margin income shrinks on client cash balances.

We suggest existing investors who have done well out of CPU to consider selling and rotating into stocks with stronger upside potential.

Liontown Resources Ltd (ASX: LTR)

The Liontown share price is 84 cents, up 1.2% on Tuesday.

The ASX All Ords lithium share has fallen 3.5% over the past 12 months.

CommSec analysts have a consensus moderate sell rating on Liontown.

After reviewing the miner's quarterly update released last week, Morgans kept its sell rating in place.

The broker lifted its 12-month price target to 56 cents, which is well below today's share price.

Helia Group Ltd (ASX: HLI)

The Helia share price is $5.11, up 0.69% on Tuesday.

The ASX All Ords financial share has lifted 38% over the past year.

CommSec analysts have a consensus moderate sell rating on the lenders' mortgage insurer.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price is $19.40 per share, up 1.8%.

The ASX All Ords technology share has risen 55% over the past 12 months.

CommSec analysts have a consensus moderate sell rating on the sports analytics company.

Cettire Ltd (ASX: CTT)

The Cettire share price is steady at 28 cents at the time of writing.

This ASX All Ords consumer discretionary share is down 78% over the past year.

CommSec analysts have a consensus moderate sell rating on the online luxury fashion retailer.

Last week, Cettire shares plummeted after the US announced the end of the de minimis exemption from 29 August.

The Star Entertainment Group Ltd (ASX: SGR)

The Star Entertainment share price is 8.3 cents per share, down 2.35% on Tuesday.

The ASX consumer discretionary stock has fallen 84% over the past 12 months.

CommSec analysts have a consensus moderate sell rating on the casino operator.

Last Friday, the Star Entertainment share price weakened on news that its sale of the Queen's Wharf precinct is off.

Centuria Office REIT (ASX: COF)

The Centuria Office REIT share price is $1.26, up 0.8% on Tuesday.

The ASX All Ords real estate investment trust (REIT) has lifted 3% over the past year.

CommSec analysts have a consensus moderate sell rating on the commercial property owner.

The post 8 ASX All Ords shares just downgraded to a sell rating by experts appeared first on The Motley Fool Australia.

In morning trade, the ASX tech stock is up 3.5% to $19.83.

Why is this ASX tech stock charging higher?

Investors have been bidding the software company's shares higher today after it signed a deal to acquire Isovist.

According to the release, Isovist is a specialist provider of e-planning software for local government that transforms planning from a static document-based process to a dynamic digital solution.

It notes that it was developed by planners, for planners, and replaces manual plan preparation that is highly tailored and easy to use.

The Isovist solution is based on a powerful plan viewer interface that directly links a site to the relevant elements of the local planning regulations. This helps councils, property owners and developers know the specific planning regulations that apply to a site to make rapid assessments of planned works.

The ASX tech stock notes that Isovist's e-planning products are used by over 50 councils in Australia and New Zealand. Furthermore, the business has demonstrated strong product–market fit, with high customer retention. Its annual recurring revenue (ARR) was NZ$2.2 million at 30 June 2025. Importantly, it has been profitable since 2022.

Management believes that its experienced team brings deep domain expertise in both planning technology and council operations, which supplements Objective's existing capabilities and extends its footprint in the Planning & Building space.

The total consideration for the transaction is an enterprise value of NZ$5 million. This comprises NZ$4.25 million paid upfront and NZ$0.75 million deferred for two years. All consideration will be payable in cash.

'A strategic extension'

The ASX tech stock's CEO, Tony Walls, was pleased with the acquisition. He commented:

This acquisition is a strategic extension of our capabilities in Planning & Building for local government. Isovist brings not only a complementary product suite to Objective, but also shared values of delivering specialised planning solutions to local government that help communities grow and thrive.

We have maintained a disciplined approach to M&A and that will continue. Isovist have a strong product, a profitable business model, and clear alignment to our long-term vision. We're pleased to welcome the whole Isovist team to the Objective family and look forward to what we can achieve together.

Following today's gain, this ASX tech stock is now up almost 70% since this time last year.

The post Guess which ASX tech stock is racing higher on big news appeared first on The Motley Fool Australia.