With reporting season now over, brokers have downgraded a series of ASX stocks after reviewing their financial results.

Let's take a look at some of them.

WiseTech Global Ltd (ASX: WTC)

The Wisetech share price is $37.65, up 2.4% today.

Over the past month, this ASX tech share has fallen 1%.

Jefferies downgraded WiseTech shares to a hold rating following its FY26 results.

The broker reduced its 12-month price target from $60 to $45.

This still implies a potential 20% upside ahead.

Harvey Norman Holdings Ltd (ASX: HVN)

The Harvey Norman share price is $4.31, up 2.1% today.

Over the past month, this ASX retail share has descended 13%.

Jarden downgraded Harvey Norman shares to a hold rating following its FY26 results.

The broker has a 12-month price target of $4.50.

This implies a potential 4% upside ahead.

Ampol Ltd (ASX: ALD)

Ampol shares are $41.20, down 0.5% today after going ex-dividend.

Over the past month, this ASX energy share has risen 6%.

Jefferies downgraded Ampol shares to a hold rating following its FY26 results.

The broker has a 12-month price target of $45.

This implies a potential 9% upside ahead.

Paladin Energy Ltd (ASX: PDN)

The Paladin Energy share price is $11.49, up 2% on Friday.

JP Morgan downgraded this ASX uranium share to a sell call after Paladin's FY26 results.

The broker has a 12-month price target of $9.10.

This suggests a 20% downside from here.

South32 Ltd (ASX: S32)

The South32 share price is $5.18, down 0.6% today.

Morgans downgraded South32 shares from accumulate to hold after reviewing its FY26 numbers.

The broker raised its price target from $4.70 to $4.90.

This implies a potential 6% downside over the next year.

Perseus Mining Ltd (ASX: PRU)

The Perseus Mining share price is $6.73, up 1.3% today.

Over the past month, this ASX gold share has ripped 37%.

JP Morgan downgraded Perseus Mining shares to a hold rating following its FY26 results.

The broker has a 12-month price target of $6.30.

This implies a potential 6% downside ahead.

Perseus Mining is among 40 ASX shares with ex-dividend dates next week.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price is $6.60, up 3.6% on Friday.

Over the past month, this ASX technology share has fallen 8%.

Morgan Stanley downgraded Objective Corporation shares to a hold call after its FY26 report.

The broker slashed its 12-month price target by more than half, from $16 to $7.25.

This still implies a potential 10% upside ahead.

Domino's Pizza Enterprises Ltd (ASX: DMP)

The Domino's Pizza share price is $20.34, up 1% today.

Over the past month, this ASX consumer discretionary share has lifted 2%.

Jarden downgraded Domino's Pizza shares to a sell rating following its FY26 results.

The broker has a 12-month price target of $14, suggesting a 31% downside ahead.

Regis Healthcare Ltd (ASX: REG)

The Regis Healthcare share price is $4.41, up 2.6% today.

Over the past month, this ASX healthcare share has tumbled 29%.

RBC Capital downgraded Regis Healthcare shares to a hold call following its FY26 results.

The broker reduced its 12-month price target from $7.50 to $5.

This implies a potential 13% upside ahead.

The post 9 ASX shares downgraded by experts post-results this week appeared first on The Motley Fool Australia.

Let's have a look at who they like.

Objective Corp Ltd (ASX: OCL)

The Objective Corp share price fell sharply on the release of the company's FY26 results, but Shaw and Partners believes this was an over-reaction.

The company reported revenue of $134.7 million, up 9%, and adjusted EBITDA of $51.5 million, up 11%.

It also increased its dividend from 22 cents per share to 26 cents.

The company said regarding its results:

During FY2026, 100% of our software revenue was contracted under a subscription model and recurring revenue represented 86% of total revenue from customers. The Annualised Recurring Revenue (ARR) balance at 30 June 2026 decreased by 2% to $117.3 million ($120.2 million at 30 June 2025). Information Intelligence ARR decreased by 5% to $81.0 million (FY2025: $85.1 million); Regulatory Solutions ARR increased by 4% to $17.6 million (FY2025: $16.9 million); Planning and Building ARR increased by 3% to $18.7 million (FY2025: $18.2 million).

The company said it had a strong balance sheet, which "provides significant capacity to further pursue investment opportunities that enhance returns for stakeholders''.

Shaw and Partners said Objective Corp delivered solid underlying growth despite the loss of a defence contract.

They said the company was now poised for growth:

Strategically, years of R&D investment have delivered a mature product portfolio, with the focus now shifting toward sales and monetisation. FY27 establishes a new earnings base, with sales execution key to re-accelerating growth. Reiterate Buy.

Shaw and Partners has a price target of $9.50 for Objective Corp, compared with $6.40 at the time of writing.

Humm Group Ltd (ASX: HUM)

This finance and credit card company's shares have been on a slide in recent months, and are now down 35% over the past 12 months.

Humm Group's full-year net profit fell from $39.6 million to $15.7 million, but Shaw and Partners said this was largely due to one-off costs associated with corporate activity.

They said they expected net profit to "materially recover" this financial year, and noted that the company was trading at a substantial discount to the small-cap financial sector.

The company itself said re the outlook:

Humm Group enters FY27 with a clear focus on disciplined execution, with the final stages of platform transformation expected to create a shift in focus from building foundations, to realising benefits. This focus will enable meaningful and cost-effective scale in the consumer portfolios, accelerate AI adoption, simplify and automate processes and deliver better experiences for customers, merchants and employees.

Shaw and Partners has a price target of 80 cents on Humm Group shares compared to 42.25 cents at the time of writing.

The post 2 ASX small caps which could deliver 50% to 90% returns appeared first on The Motley Fool Australia.

Hundreds of ASX companies reported through August.

Guidance was revised, brokers rebuilt their models, and volatility impacted many ASX stocks.

Once the noise settles, a handful of lessons are worth carrying into FY27.

Here are the five that struck me most.

1. The outlook mattered more than the result

CSL Ltd (ASX: CSL) posted the ugliest headline of the month and one of the best share price reactions.

FY26 revenue slipped 1% to US$15.8 billion and impairments of US$7.1 billion drove a statutory loss of US$2.6 billion, yet the shares rose 17.9% on the day anyway.

Investors ignored the write-downs entirely and focused on FY27 guidance of roughly 5% underlying profit growth, against a 2% consensus.

The lesson is simple enough: the market is pricing next year, not last year.

2. Costs are now the swing factor for miners

Northern Star Resources Ltd (ASX: NST) reported a record FY26 profit and still disappointed.

Underlying net profit after tax reached $1.8 billion on revenue of $7.6 billion.

The problem sat in FY27 guidance, which put all-in sustaining costs at $3,050 to $3,450 an ounce against $2,698 in FY26.

For a decade, the commodity price was the only variable that mattered for Australian miners.

That is no longer true, and cost guidance now moves share prices as much as spot prices do.

3. Cash flow separated reporting season's winners from the headlines

Northern Star makes this point too.

A $1.8 billion underlying profit produced only $190 million of underlying free cash flow, because capital spending at the KCGM mine peaked during the year.

Plenty of companies reported record profits this reporting season while funding enormous capital programs.

For investors, the cash flow statement has become more and more important.

That is a healthy development, and I expect it to continue through FY27.

4. The income came from resources, not the banks

FY26 flipped the usual assumption about where dividends live.

Utilities shares paid an average yield of 5.98% across the year, with energy at 5.14% and materials at 4.63%, against an S&P/ASX 200 Index (ASX: XJO) average of 4.23%.

Final dividends declared in August have followed the same pattern, and the largest payments this month are coming from energy and mining companies rather than financials.

Anyone building an income portfolio around the big four banks may want to reconsider their strategy in the short to medium term.

5. Growth was repriced, not abandoned

The harshest treatment this reporting season went to companies that grew but missed expectations.

WiseTech Global Ltd (ASX: WTC) is down 58% over twelve months, and Objective Corporation Ltd (ASX: OCL) has fallen 69% to five-year lows.

Yet brokers still see upside of 52% and 33% respectively.

The market has not stopped believing in growth, but it has stopped paying extreme multiples for that growth, and that discipline is likely to persist.

What reporting season means heading into FY27

Two macro threads run underneath all five points.

The economy is slowing, which showed up in softer credit growth and weaker consumer spending across the results.

Inflation also remains stubborn, and Morgan Stanley now expects the Reserve Bank to raise the cash rate when it meets on 29 September.

Neither is fatal, but both argue for owning businesses with strong pricing power and real cash generation.

Foolish takeaway

Reporting season is useful because it forces companies to be specific about what is driving their business.

Guidance, costs and cash flow are all much harder to spin than a headline profit number.

CSL showed that a terrible statutory result can still be a good investment case.

On the other hand, Northern Star showed that a record profit can still be a warning.

All in all, the investors who did best out of this reporting season were the ones reading the outlook statement rather than the press release.

The post 5 things reporting season taught ASX investors about FY27 appeared first on The Motley Fool Australia.

In this article, we're going to look at two stocks that could rise more than 60% over the next year if analysts are right about how undervalued the businesses are.

Below are potentially two of the most undervalued ASX shares in Australia right now.

Siteminder Ltd (ASX: SDR)

Siteminder is a leading ASX tech share that provides software to hotels around the world that helps run operations, advertise rooms, and decide on room prices.

In an increasingly digital world, an offering like Siteminder's is very important. Knowing what room price to advertise at could be the difference between winning a customer or not.

Siteminder has offices in Sydney, Bangkok, Barcelona, Berlin, Dallas, Galway, London, Manila, Mexico City, and Pune. Siteminder generates 140 million reservations worth over A$85 billion in revenue for its hotel customers each year.

Despite market worries about AI, the company continues to generate strong levels of growth. In FY26, annual recurring revenue (ARR) rose 14.9% to $313.7 million despite softer global travel conditions, which demonstrated the resilience of the business and growing traction from new product initiatives like its smart platform.

The company also reported revenue growth of 18.6% to $266.1 million, while adjusted operating profit (EBITDA) soared 96.5% to $28.1 million and adjusted cash flow jumped 123% to $10.5 million. Its financials are clearly going in the right direction.

According to CMC Invest, there have been 10 ratings on the business, with nine buy ratings, and one sell rating. Of those analysts, the average price target is $5.53, which suggests a possible rise of 82% over the next year from where it is at the time of writing.

Objective Corporation Ltd (ASX: OCL)

This ASX share is a software business that enables thousands of public sector organisations which are shifting to being completely digital. The idea is that customers can work from anywhere, with access to information, along with governance and security.

Objective Corporation revealed a number of growth numbers in FY26, though the result wasn't as strong as some investors were hoping for.

It reported revenue growth of 9% to $134.7 million, with software as a service (SaaS) revenue growth of 22%. Adjusted EBITDA climbed 11% to $51.5 million, operating cash flow grew 6.5% to $49.3 million, and net profit after tax (NPAT) rose 5% to $37.2 million.

The ASX share also reported that its R&D investment rose 8% to $33.8 million and the dividend per share was hiked by 18% to 26 cents. However, the ARR declined 2% to $117.3 million.

According to CMC Invest, there have been six ratings on the business within the last three months, with four buy ratings and two hold ratings.

The average price target is $10.61, suggesting a possible 62% rise over the next year from where it is at the time of writing.

These could be two of the most compelling ASX shares right now, among other leading ideas.

The post 2 ASX shares tipped to grow 60% or more in the next 12 months appeared first on The Motley Fool Australia.

Hundreds of companies have revealed their earnings this season.

Brokers have reviewed the reports and updated their ratings and 12-month price targets accordingly.

Here are five buy-rated ASX 200 shares with significant upside potential ahead, according to the experts.

NextDC Ltd (ASX: NXT)

The NextDC share price is $13.63, down 1.7% today and down 17% over 12 months.

UBS renewed its buy rating on NextDC shares, with a $22.55 target after reviewing the company's FY26 earnings.

This implies potential capital growth of 61% over the next year.

WiseTech Global Ltd (ASX: WTC)

The WiseTech share price is $41.39, up 1.9% today and down 58% over 12 months.

Morgans reiterated its buy rating on this ASX 200 tech share after the company's FY26 results.

The broker reduced its 12-month price target from $67 to $62.50.

However, this still implies a healthy potential upside of 52%.

Droneshield Ltd (ASX: DRO)

The Droneshield share price is $1.74, down 0.7% today and down 46% over 12 months.

Bell Potter renewed its buy rating on this ASX 200 industrials share after its 1H FY26 results.

The broker trimmed its 12-month price target from $2.50 to $2.40.

This suggests a potential 35% upside ahead.

Qantas Airways Ltd (ASX: QAN)

The Qantas share price is $9.56, down 0.3% today and down 17% over 12 months. 

Morgan Stanley kept its buy call in place on Qantas shares following the airline's FY26 results.

The broker raised its target on the ASX 200 industrials share from $12.50 to $12.80.

This suggests a potential 33% upside ahead.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price is $6.40, down 5.9% today and down 69% over 12 months. 

Morgans maintained its buy recommendation on this ASX 200 tech share after the company's FY26 results.

The broker has a revised 12-month price target of $8.50, implying a potential 33% upside ahead.

OCL's FY26 result was largely in line with expectations. The result came however with more sticker shock in the form of another legacy contract loss leading to a further $3.2m ARR reduction.

OCL enters FY27 with ARR of $114.1m. Despite this softening & FX headwinds during the year, OCL continued to see strong underlying SaaS growth momentum and progress of a number of strategic milestones (including the launch of Build Australia), which is key to ARR momentum and FY27+ outlook.

Rebasing our forecasts for OCL's revised FY27 ARR and guidance sees our NPAT estimates reduce by ~18-21% in FY27-28F.

Following these revisions OCL is trading on FY27F P/E of 24x, with a share price near 5 years lows.

The post 5 ASX 200 shares with 33% to 61% upside post-results: experts appeared first on The Motley Fool Australia.

That's because they have recently been named as buys by the team at Morgans. Here's what it is recommending to clients:

Megaport Ltd (ASX: MP1)

Morgans was pleased with Megaport's performance in FY 2026 and guidance for the year ahead. It notes that this is being driven by record performances from both its Network and Compute businesses.

In light of this and its very positive earnings growth outlook, the broker has put a buy rating and $25.00 price target on the ASX tech stock. It said:

MP1's FY26 underlying EBITDA and FY27 EBITDA guidance were above market expectations. Both Network and Compute delivered record growth. At first glance, simple maths suggests MP1's funding position looks tight. However, there is nearly $500m of additional funding that got lost in translation. We think MP1 ends FY27 with nearly $600m of surplus liquidity (assuming no new deals get signed). Our maths is explained in detail overleaf. Deals already contracted deliver $620m of annualised contracted EBITDA which means after EBITDA lifts 3x YoY in FY27, it will more than double into FY28, based on deals already signed. We upgrade to a Buy recommendation and $25 target price.

Objective Corporation Ltd (ASX: OCL)

Another ASX tech stock that has been given the thumbs up by Morgans is software provider Objective Corporation.

While it was disappointed with a legacy contract loss, it expects annual recurring revenue (ARR) momentum to continue in FY 2027 and beyond.

So, with its shares down near multi-year lows, the broker has retained its buy rating with an $8.50 price target. It said:

OCL's FY26 result was largely in line with expectations. The result came however with more sticker shock in the form of another legacy contract loss leading to a further $3.2m ARR reduction. OCL enters FY27 with ARR of $114.1m. Despite this softening & FX headwinds during the year, OCL continued to see strong underlying SaaS growth momentum and progress of a number of strategic milestones (including the launch of Build Australia), which is key to ARR momentum and FY27+ outlook. Rebasing our forecasts for OCL's revised FY27 ARR and guidance sees our NPAT estimates reduce by ~18-21% in FY27-28F. Following these revisions OCL is trading on FY27F P/E of 24x, with a share price near 5 years lows. We therefore reiterate our BUY rating with a revised PT of $8.50/sh.

WiseTech Global Ltd (ASX: WTC)

Finally, Morgans remains positive on this logistics software company and believes it is an ASX tech stock to buy now.

After delivering a result that was largely in line with expectations, Morgans retained its buy rating on WiseTech shares with a $62.50 price target. It said:

WTC's FY26 result was largely in line with Morgans forecasts (MorgansF), with FY26 revenue of US$1,396m and EBITDA of US$558m coming in towards the lower end of its initial FY26 guidance range. While CargoWise revenue growth of +11% was softer than expected, WTC delivered annualised run-rate savings of ~US$115m in FY26, supporting further margin expansion into FY27. FY27 guidance will see revenue growth 2H-weighted, reflecting the timing of growth initiatives, while Underlying EBITDA guidance of US$725-780m implies EBITDA margins tracking back towards 49-51%. Our Underlying EBITDA forecasts are revised by +3%/-2% in FY27-FY28F and we retain our BUY rating with a price target of A$62.50ps (previously A$67.00ps).

The post Morgans names 3 ASX tech stocks to buy appeared first on The Motley Fool Australia.

What did Objective Corporation report?

• Total revenue reached $135 million, up 9% from FY2025
• Annualised recurring revenue (ARR) was $121 million in constant currency
• Adjusted EBITDA climbed 11% to $52 million
• Net profit after tax rose 5% to $37 million
• Final dividend was 26 cents per share (8c fully franked, 18c unfranked)
• Operating cash flow was $49 million, representing 94% of adjusted EBITDA

What else do investors need to know?

Objective continued to invest heavily in innovation, with $34 million (30% of software revenue) directed to research and development during the year—part of a $146 million cumulative investment over five years. Subscription software revenue now accounts for 100% of the company's software revenue, with SaaS revenue specifically growing 22% over FY2026.

By business line, Regulatory Solutions delivered 7% ARR growth, Information Intelligence ARR dipped 5%, and Planning & Building ARR rose 3%. The company highlighted its strong position in AI-driven solutions across government and regulated industries, with ongoing expansion in both the Australian and international markets.

What's next for Objective Corporation?

Looking ahead to FY2027, Objective is targeting adjusted EBITDA above $40 million, which would be down a disappointing 23% year on year.

The company plans to further sharpen its go-to-market approach and cost discipline as it pursues larger, more complex opportunities in the GovTech sector. Management also signalled ongoing M&A ambitions, supported by a robust balance sheet and cash flow.

Product leadership and customer value remain a priority, with efforts focused on delivering trusted, AI-enabled solutions for public sector clients. The company believes its strengths in information governance, security and compliance will keep it well-placed for future growth.

Objective Corporation share price snapshot

Objective Corporation shares have performed very poorly in comparison to the S&P/ASX 200 index (ASX: XJO) over the past year with a decline of around 70%.

View Original Announcement

The post Objective Corporation share price crashes 18% on FY26 earnings appeared first on The Motley Fool Australia.

Let's see if it rates these as buys, holds, or sells. Here's what you need to know:

Objective Corporation Ltd (ASX: OCL)

Morgans remains positive on this software provider despite the loss of a major government contract.

It notes that the company's shares have been hammered and are now at a five-year low. In response, the broker has retained its buy rating on Objective Corp's shares with a reduced price target of $11.50. It commented:

OCL's largest and longest standing customer, the Australian Department of Defence, has elected not to renew its Upgrade and Support (USP) agreement for Objective ECM, a relationship that has been in place for over 25 years. Whilst OCL expects no impacts to earnings in FY26, the group has flagged that the impact from the loss in revenue will see FY26 ARR end the period "in line with FY25" on a constant currency basis (i.e. ~A$120m Pre FY26 FX headwinds). Rebasing our forecasts for OCL's revised FY26 ARR, our NPAT estimates reduce by ~22-23% in FY27-28F. Whilst this is a disappointing and unexpected update, post our revisions OCL is trading on FY27F P/E of 21x, with a share price at 5-years lows. We therefore reiterate our Buy rating with a revised PT of $11.50/sh.

ResMed Inc (ASX: RMD)

Morgans also highlights that ResMed shares have de-rated materially this year. This is despite the market continuing to expect strong earnings growth from the sleep disorder treatment company. 

While there are risks, Morgans remains bullish and has put a buy rating and $41.72 price target on its shares. It said:

RMD has de-rated to ~16x forward earnings, its lowest valuation since the post-GFC period, despite consensus continuing to forecast double-digit EPS growth. GLP-1 therapies, positive Phase III data from Apnimed's oral OSA therapy, the prospect of Philips re-entering the US PAP market from 2027 and broader healthcare sector de-rating, have driven recent share price weakness. While these risks are real, current industry data and RMD's operating performance provide limited evidence of a material deterioration in underlying demand. We make no changes to FY26-28 forecasts or our A$41.72 target price. BUY.

South32 Ltd (ASX: S32)

Finally, this mining giant has been downgraded by Morgans following news that it is selling its aluminium business for US$5.6 billion. 

The broker has cut its recommendation to hold with a trimmed price target of $4.50. It explains:

S32 has agreed to sell its entire ali business for total consideration of US$5.6bn (US$4.1bn upfront), and transfer of US$1.2bn closure/rehab liabilities. Our view on S32's aluminium sale is genuinely mixed. It leaves S32 a simpler and, in important respects, a better business, but also a smaller and less valuable one. Total value of up to ~US$6.8bn, which sits at a discount to consensus/Morgans valuations of US$8.8-9.2bn. We reduce our valuation on S32's ali assets to in line with the agreed Alcoa deal, and shift our valuation methodology to a blended NAV:EBITDA valuation of A$4.50 (from A$5.00). As a result we update our rating to HOLD (from Accumulate).

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Meanwhile, the S&P/ASX 200 Index (ASX: XJO) slipped 1.22% to close at 8,625.1 points on Friday.

ASX 200 tech shares are continuing to recover from a 48% sector meltdown between 29 August 2025 and 30 March 2026.

Fears over the impact of artificial intelligence (AI) drove the decline, but ASX investors appear to be over it.

The S&P/ASX 200 Information Technology Index (ASX: XIJ) is now up 26% since 31 March vs. a 1.9% lift for the rest of the market.

Six of the 11 market sectors finished in the green last week.

Let's review.

ASX 200 tech shares outperform by a long shot

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

The market's largest tech company by market cap, Xero Ltd (ASX: XRO), rose 5.45% to $79.27 per share.

The WiseTech Global Ltd (ASX: WTC) share price zoomed 10.55% to close at $39.81 on Friday.

Investors in Megaport Ltd (ASX: MP1) shares had an exciting week that ended with a 19.07% share price rise to $18.48.

On Friday, Megaport shares were the best performers of the ASX 200, reaching a new 52-week high of $21.16.

This followed news of four new AI infrastructure contracts worth $458.9 million and a fully underwritten $827.3 million entitlement offer.

TechnologyOne Ltd (ASX: TNE) shares rose 8.34% to $32.33 apiece, while Nextdc Ltd (ASX: NXT) lifted 4.07% to $15.86.

The Life360 Inc (ASX: 360) share price soared 13.81% to $22.

Codan Ltd (ASX: CDA) shares rose 2.46% to finish at $43.70 apiece on Friday.

The Siteminder Ltd (ASX: SDR) share price lifted 10% to $3.85.

Objective Corporation Ltd (ASX: OCL) shares ascended 8.12% to $11.32.

The Catapult Sports Ltd (ASX: CAT) share price rose 8.31% to $3.65.

Dicker Data Ltd (ASX: DDR) shares lifted 7.72% to $11.16 apiece.

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 stocks led the market with big share price gains last week appeared first on The Motley Fool Australia.

Some analysts think certain stocks can rise by more than 50% in the next year, though those returns are not guaranteed.

Below could be two of the most promising ideas on the ASX today.

Bubs Australia Ltd (ASX: BUB)

Bubs describes itself as a leading infant nutrition company that's "committed to providing premium-quality products that support the health and well-being of babies worldwide".

In other words, it's known for infant formula, including goat milk and grass-fed options. It has a presence in Australia, the US and growing international markets, including China.

The ASX share generated net revenue of $102.5 million in FY25 and it expects to reach FY26 revenue of between $105 million to $115 million, despite headwinds from challenging external market conditions.

It also expects to generate underlying operating profit (underlying EBITDA) of between $4 million to $8 million, despite evolving regulatory requirements, product availability constraints, geopolitical disruption in the Middle East, increased use of air freight to support re-stocking, and competitive pressures.

Bubs is focused on expanding distribution and marketing to potential customers. The US remains its strongest growth market and a key part of its strategy. It's concluding the use of air freight to restock the US. It says it's on track to achieve ranging in more than 10,000 stores in July 2026.

According to CMC Invest, of three analyst ratings within the last three months, the average price target is 15 cents. At the time of writing, that implies a possible rise of 63%. It's valued at 15x FY28's estimated earnings.

Objective Corporation Ltd (ASX: OCL)

The other ASX share I'll highlight today is Objective Corporation, a software business that has enabled thousands of public sector organisations to shift to digital operations.

While the ASX share is not growing at a rapid speed, it's expanding at a pleasing rate for compounding. In the FY26 half-year result, it revealed revenue growth of 9% to $66.7 million, with annualised recurring revenue (ARR) growth of 12% to $120 million.

Profit is increasing at a faster pace than revenue – I love seeing rising profit margins. Adjusted operating profit (EBITDA) grew 11% to $25.9 million and net profit rose 10% to $18.7 million.

According to CMC Invest, there have been three recent ratings on the business, with an average price target of $16.93, suggesting a possible rise of 62%. It's valued at 21x FY28's estimated earnings, according to the forecast on CMC Invest.

The post 2 ASX shares tipped to grow 50% or more in the next 12 months appeared first on The Motley Fool Australia.

The share market has been volatile this year amid a metals rout in late January and the ongoing global oil shock.

ASX 200 shares are now in the red for 2026, down 1% in the year to date (YTD) at the time of writing.

However, brokers say the following three ASX 200 shares are on a completely different trajectory.

In fact, they reckon these stocks could more than double in value over the next year.

Let's find out why.

Catalyst Metals Ltd (ASX: CYL)

The Catalyst Metals share price is $5.64, up 1.5% today, and down 24% in the YTD.

Morgans has a buy rating on this ASX gold mining share with a 12-month target of $15.13.

This implies a potential 163% capital gain over the next 12 months.

After reviewing the miner's 3Q FY26 report, Bell Potter said:

We maintain our BUY rating, with valuation supported by strong cash generation and a clear production growth pipeline, albeit with near-term cost pressures emerging.

Catalyst reported gold production of 26.1koz at an all-in sustaining cost (AISC) of A$2,901 per ounce for 3Q FY26.

Morgans said the miner generated solid operating cash flow of A$103 million at an average realised price of A$7,014 per ounce.

CYL continues to strengthen their balance sheet, adding A$39m during the quarter to close with A$277m in cash and bullion while reinvesting heavily across growth and exploration initiatives.

Growth momentum continues across the Plutonic Belt, with multiple new ore sources advancing (Trident, K2, Old Highway) alongside a high-grade discovery at Cinnamon, supports the pathway to c.200kozpa production.

Mesoblast Ltd (ASX: MSB)

The Mesoblast share price is $2.03, up 2% today and down 27% YTD.

Mesoblast specialises in allogeneic cellular medicines for severe inflammatory diseases.

Bell Potter has reaffirmed its speculative buy rating on this ASX 200 healthcare share.

The broker has a $4.45 price target on Mesoblast shares, suggesting a more than doubling in value over the next year.

Bell Potter said:

The company's future is looking brighter than ever with revenues expanding and new product approvals now well advanced for heart failure and chronic lower back pain. 

At the very least, today's cash flow result should provide shareholders with confidence that MSB can generate earnings and cash flow positive operations from sales of Ryoncil alone.

Objective Corporation Ltd (ASX: OCL)

The Objective Corporation share price $10.69, down 0.09% today and down 35% YTD.

The ASX tech share hit a fresh 52-week low of $10.33 today.

Shaw and Partners reiterated its buy rating on Objective Corporation shares last week.

The broker has a price target of $22.10, implying a 106% upside ahead.

Last week, Objective Corporation founder and CEO Tony Walls spoke at Shaw & Partners' TechRise conference.

The broker said:

Management framed OCL as being in its strongest position in years despite broader SaaS disruption narratives, with FY26 ARR guidance unchanged at 10–14% and 15% reiterated as the core long-term target.

The post 3 ASX 200 shares predicted to double over 12 months appeared first on The Motley Fool Australia.

The two businesses I want to highlight are names that have fallen heavily in the last few months. But analysts suggest the companies could rise significantly in the next year.

Let's look at two of the ideas that could deliver dramatic market-beating returns.

Objective Corporation Ltd (ASX: OCL)

Objective Corporation says that thousands of public sector organisations are shifting to digital operations using Objective software. It says that it has more than 1,000 customers with a 99% customer retention rate. Impressively, the business invests significantly in research and development each year.

According to CMC Invest, there have been six recent analyst ratings on the business, with four of those being a buy and two being a hold.

A price target is where analysts think the share price will be in 12 months from now.

Of those six ratings, the average price target is $17.70. That suggests a possible rise of around 60% over the next year, from where it is at the time of writing.

The ASX share's financials are growing at a pleasing pace. In the FY26 half-year result, revenue grew by 9% to $66.7 million and net profit after tax (NPAT) climbed 10% to $18.7 million.

Its growth remains promising – HY26 annual recurring revenue (ARR) increased by 12% to $120 million. The business is expecting its FY26 ARR growth to be between 10% and 14%. I think many ASX shares would be pleased with that level of growth.  

With the Objective Corporation share price down by around 40% in the last six months, it looks much better value.

Adairs Ltd (ASX: ADH)

Adairs sells furniture and homewares across three different businesses – Adairs, Mocka, and Focus on Furniture.

According to CMC Invest, there have been six recent ratings on the business, with three buy ratings and three hold ratings.

The average price target on the business from those six ratings is $2.02. That implies a possible rise of 65% from where it is today, though that may be an optimistic view amid the rising interest rate environment, which may impact retail spending.

The latest we heard from the business of its performance was for the first seven weeks of the second half of FY26, though this was before all of the various impacts seen over the last few months that could impact the sales.

At the time of the FY26 half-year result, it said it expects margin and underlying operating profit (EBIT) growth in the second half. While the short term may be uncertain, I think the longer term could prove to be positive for the ASX share.

It looks a lot cheaper to me after falling more than 50% in the last 12 months.

The post 2 ASX shares tipped to grow 60% or more in the next 12 months appeared first on The Motley Fool Australia.

Let's have a look at what they're saying, and how much they think the shares in these companies will rise.

Playside Studios Ltd (ASX: PLY)

This company recently released a game which it had been working on for some time, Mouse: P.I. For Hire, which has been performing well.

In an update to the ASX just this week, the company said the game had sold about 730,000 units, for estimated gross sales revenue of US$21.4 million.

The net revenue to Playside is about US$13 million.

Playside said the game continued to perform well on player wish lists, and has a 94% review score on the Steam platform.

The company added:

Based on the current performance of MOUSE: P.I. For Hire, PlaySide now expects FY26 revenue to be in the range of $50m to $53m. This compares to the Company's prior guidance that FY26 revenue would exceed FY25 reported revenue of $48.7m. The upgrade primarily reflects stronger than-expected unit sales and ongoing wishlist conversion of MOUSE: P.I. For Hire across PC and console platforms, and has been achieved despite the delayed launch of the title and the absence of major External Project wins during the year to date.

Shaw and Partners said the performance of Mouse: P.I. For Hire continued to materially exceed expectations.

The broker has a price target of 44 cents on Playside shares, compared with 25.5 cents currently.

Hansen Technologies Ltd (ASX: HSN)

This company, which provides software to the utilities and telco sectors, delivered a "constructive update" at the TechRise conference, Shaw and Partners said.

The Shaw research note on the company goes on to say:

Management reiterated FY26 remains weighted to a stronger 2H, with DigiTalk contributing about $10–11m revenue and FX remaining a top-line headwind. Margin commentary was incrementally more confident, with management suggesting '30% plus' margins are realistic over the medium term, supported by AI-driven productivity gains.

The Shaw team said mergers and acquisitions remain central to Hansen's growth strategy, and with the company set to move to a net cash positive position later this calendar year, there was scope for more deals to be made.

 Shaw has a price target of $7.60 on Hansen shares, compared with $4.93 currently.

Objective Corp Ltd (ASX: OCL)

The Shaw team said Objective Corp founder and Chief Executive Officer Tony Walls delivered a "confident and at times feisty update'' to the conference.

They added:

Management framed OCL as being in its strongest position in years despite broader SaaS disruption narratives, with FY26 ARR guidance unchanged at 10–14% and 15% reiterated as the core long-term target.

Shaw said the company's Information Intelligence division had exceeded expectations during the half and the Build Australia division "remains on track to have customers signed and live by June 30 and become a more meaningful contributor in FY27''.

They added:

Management also suggested margins are increasingly within its control and pushed back constructively on AI disruption concerns.

Shaw has a price target of $22.10 on OCL shares compared with $11.17 currently.

OCL is valued at $1.07 billion.

The post Here's 3 ASX technology companies Shaw and Partners has flagged as a buy appeared first on The Motley Fool Australia.

The ASX tech rally has been anything but broad. While WiseTech Global Ltd (ASX: WTC) shares and others like Xero Ltd (ASX: XRO) have surged on the back of the AI and SaaS boom, a second wave of opportunities may be quietly forming.

Here are three ASX AI shares that stand out.

Macquarie Technology Group Ltd (ASX: MAQ)

First up is Macquarie Technology Group. This ASX AI share is emerging as one of the clearest "picks and shovels" plays on artificial intelligence. As demand for AI accelerates, so too does the need for data centres, cloud infrastructure, and secure sovereign hosting. These are all areas where Macquarie Technology is investing heavily.

Unlike many speculative AI shares, this is a business with real earnings and tangible demand drivers. As new capacity comes online and utilisation rates increase, earnings could scale quickly.

If that happens, the market may start valuing it more like established data centre leader NextDC Ltd (ASX: NXT) — and that could mean significant upside.

Objective Corporation Ltd (ASX: OCL)

Next ASX AI share is Objective Corporation. This is a classic under-the-radar SaaS compounder, like WiseTech shares. Objective provides document management and compliance software, primarily to government and regulated industries — making its customer base incredibly sticky.

While it doesn't grab headlines, it has all the hallmarks of a long-term winner: recurring revenue, high margins, and disciplined growth. Importantly, the rise of AI is likely to enhance its offering, particularly in automating workflows and extracting insights from large volumes of documents.

Because this AI share flies under the radar, Objective hasn't enjoyed the same valuation expansion as some of its peers. But if it continues to execute, investors may start to re-rate the stock accordingly.

Appen Ltd (ASX: APX)

Finally, there's Appen. This is the most speculative of the three ASX AI shares, but also the one with the highest potential upside. Appen provides training data used in artificial intelligence models, placing it right in the middle of the AI ecosystem.

After a sharp decline in recent years, expectations are now extremely low. That creates an interesting setup. If demand for high-quality training data rebounds or the company secures new partnerships, even modest improvements in performance could trigger a sharp re-rating.

Of course, the risks remain elevated, particularly as the AI landscape evolves. But for investors with a higher risk tolerance, Appen could offer significant leverage to any recovery in sentiment.

Foolish Takeaway

The bottom line is that the ASX AI rally may still have further to run, but the biggest gains might not come from the likes of WiseTech and Xero that have already surged.

Instead, it could be these under-the-radar ASX AI shares, operating just beneath the surface, that deliver the next wave of standout returns.

The post 3 under-the-radar ASX AI shares that could be the next WiseTech appeared first on The Motley Fool Australia.

Technology was the strongest of the 11 ASX 200 market sectors following a commanding lead from Wall Street.

The NASDAQ Composite Index (NASDAQ: .IXIC) has been on a tear in April and hit a new record high last week.

As of Friday's market close (Australian time), the NASDAQ had recorded 12 consecutive days of gains — its best run since 2009.

ASX 200 tech shares have followed suit, but not in a straight line. The sector has lifted 18.47% since the rebound began on 31 March.

It appears investors may have overcome their fears about artificial intelligence (AI).

Investors have fretted over large AI spending and the potential for AI tools like Claude to wipe out software-as-a-service (SaaS) providers.

These fears drove a near halving in the value of the S&P/ASX 200 Information Technology Index (ASX: XIJ) in just seven months.

You read that right — the tech index experienced an extraordinary 48% sell-off between 29 August and 30 March.

No other sector recorded significant gains last week amid the ongoing war in Iran and a major fire at one of Australia's two oil refineries.

Only five ASX 200 sectors finished the week in the green.

Let's recap.

ASX 200 tech shares led the market last week

The ASX 200's largest tech company, WiseTech Global Ltd (ASX: WTC), skyrocketed 22.72% to finish the week at $46.18 per share.

The Xero Ltd (ASX: XRO) share price leapt 14.72% to $81.98, while TechnologyOne Ltd (ASX: TNE) jumped 11.34% to $30.83.

NextDC Limited (ASX: NXT) shares rose 10.14% to $14.12 and Life360 Inc (ASX: 360) increased 9.6% to $21.35.

The Megaport Ltd (ASX: MP1) share price screamed 26.53% to $8.49.

Hansen Technologies Ltd (ASX: HSN) shares soared 9.37% to $5.02.

ASX 200 hotel booking platform provider, Siteminder Ltd (ASX: SDR), ripped 13.27% to $3.33 per share.

Nuix Ltd (ASX: NXL) shares stormed 10.96% higher to $1.26 apiece, while Appen Ltd (ASX: APX) rose 12.77% to $1.59.

The Weebit Nano Ltd (ASX: WBT) share price lifted 7.41% to $4.06.

Objective Corporation Ltd (ASX: OCL) shares lifted 6.97% to $11.82.

The Dicker Data Ltd (ASX: DDR) share price ascended 4.19% to $8.95.

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 rocket 13% as long-awaited sector rebound accelerates appeared first on The Motley Fool Australia.

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.