By the time the markets closed, the index had added a flat 1% to its total, leaving it at 8,806.7 points as we head into the weekend.

This jubilant session for ASX investors followed a rosy morning over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) was firing on all cylinders, rising a solid 1.08%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was more muted though, gaining just 0.076%.

Let's return to our local markets now and check out what was happening amongst the different ASX sectors .

Winners and losers

Despite today's solid rises, we still had a few corners of the market that missed out.

Most prominent of those sectors were consumer staples shares. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) was left out in the cold this Friday, slumping 0.53%.

Financial stocks weren't in favour either, with the S&P/ASX 200 Financials Index (ASX: XFJ) diving 0.52%.

Real estate investment trusts (REITs) had a rough one too. The S&P/ASX 200 A-REIT Index (ASX: XPJ) sank 0.28% today.

Energy shares were in that ballpark too, illustrated by the S&P/ASX 200 Energy Index (ASX: XEJ)'s 0.26% retreat.

Communications stocks were our final losers. The S&P/ASX 200 Communication Services Index (ASX: XTJ) saw its value dip 0.01%.

Let's get to the green sectors now. Leading the charge were tech shares, with the S&P/ASX 200 Information Technology Index (ASX: XIJ) exploding 5.62% higher.

Gold stocks had a day to remember too. The All Ordinaries Gold Index (ASX: XGD) surged up 3.99% this session.

We could say the same for broader mining shares, as you can see by the S&P/ASX 200 Materials Index (ASX: XMJ)'s 3.18% jump.

Healthcare stocks also ran hot. The S&P/ASX 200 Healthcare Index (ASX: XHJ) vaulted up 2.49%.

Consumer discretionary shares saw decent demand as well, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) leaping 1.07% higher.

Next came industrial stocks. The S&P/ASX 200 Industrials Index (ASX: XNJ) added 0.89% to its total today.

Finally, utilities shares finished the week on a positive note, evidenced by the S&P/ASX 200 Utilities Index (ASX: XUJ)'s 0.72% bounce.

Top 10 ASX 200 shares countdown

Chip stock Weebit Nano Ltd (ASX: WBT) was our best stock on the index this Friday, beating out some stiff competition. Weebit Nano shares roared 17.07% higher today to close the week at $2.88 each.

This came after the company reported its quarterly cash flows this morning, which were clearly impressive.

Here's the rest of today's best:

Enjoy the weekend!

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

By the time trading wrapped up, the index had fallen 0.64% and finished at 8,727.9 points.

This unhappy hump day for the local markets followed a similarly downbeat session over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) couldn't quite hold on to an early lead, losing 0.35%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was a little better, but still lost 0.15%.

But let's return to ASX shares now and check out how the different ASX sectors handled today's tough trading conditions.

Winners and losers

There were only a handful of sectors that managed to make hay today.

But first, let's get through the red corners of the market.

Leading the losers were gold shares. The All Ordinaries Gold Index (ASX: XGD) had a shocker, crashing 1.93% lower.

Financial stocks weren't much chop either, with the S&P/ASX 200 Financials Index (ASX: XFJ) plunging 1.41%.

Mining shares also had a day to forget. The S&P/ASX 200 Materials Index (ASX: XMJ) took a 0.88% dive this session.

Industrial stocks couldn't escape the storm, evident from the S&P/ASX 200 Industrials Index (ASX: XNJ)'s 0.71% slump.

Nor could consumer staples shares. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) drifted 0.31% lower today.

Utilities stocks couldn't hold their ground, with the S&P/ASX 200 Utilities Index (ASX: XUJ) sliding 0.06% lower.

Our last losers this Wednesday were consumer discretionary shares. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) slipped by 0.04%.

Let's turn to the winners now. Leading the charge were real estate investment trusts (REITs), illustrated by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 1% jump.

Communications stocks were also spared. The S&P/ASX 200 Communication Services Index (ASX: XTJ) had lifted 0.85% by the closing bell.

Energy shares were another bulwark against the broader market, with the S&P/ASX 200 Energy Index (ASX: XEJ) climbing 0.8%.

Tech stocks fared decently as well. The S&P/ASX 200 Information Technology Index (ASX: XIJ) enjoyed a 0.35% bump this hump day.

Finally, healthcare shares managed to finish over the line, as you can see from the S&P/ASX 200 Healthcare Index (ASX: XHJ)'s 0.02% uptick.

Top 10 ASX 200 shares countdown

Our winner this Wednesday was shipbuilding stock Austal Ltd (ASX: ASB). Austal shares rocketed up 10.13% to close at $4.13 each today.

This big gain came after the company revealed another development in its long-running takeover saga.

Here's how the other winners pulled up at the kerb:

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

This disappointing midweek session for the Australian markets comes after a more upbeat morning on the US markets.

The Dow Jones Industrial Average Index (DJX: .DJI) overcame some early jitters to finish 0.18% higher.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was a little more decisive, rising 0.45%.

But let's return to the local markets now and examine how today's trading conditions filtered down into the various ASX sectors this hump day.

Winners and losers

We had plenty of both winners and losers this Wednesday.

Leading the latter were financial stocks. The S&P/ASX 200 Financials Index (ASX: XFJ) was left out in the cold today, plunging 0.59%.

Mining shares had a rough one as well, with the S&P/ASX 200 Materials Index (ASX: XMJ) sinking 0.2%.

Industrial stocks were also left out. The S&P/ASX 200 Industrials Index (ASX: XNJ) ended up retreating 0.17% this session.

Next came communications shares, evidenced by the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s 0.14% downgrade.

Our last losers this Wednesday were utilities stocks. The S&P/ASX 200 Utilities Index (ASX: XUJ) ended up dipping 0.06%.

Let's get to the winners now.

Leading the charge were healthcare shares, with the S&P/ASX 200 Healthcare Index (ASX: XHJ) roaring 1.09% higher.

We can say the same for gold stocks. The All Ordinaries Gold Index (ASX: XGD) experienced a 0.94% surge.

Real estate investment trusts (REITs) ran hot too, illustrated by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 0.8% jump.

Consumer discretionary shares were also in demand. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) lifted 0.47%.

Energy stocks were next, with the S&P/ASX 200 Energy Index (ASX: XEJ) advancing 0.45% this hump day.

Consumer staples shares held up well, too. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) had gained 0.11% by the closing bell.

Finally, tech stocks only just got across the line, as you can see from the S&P/ASX 200 Information Technology Index (ASX: XIJ)'s 0.01% bump.

Top 10 ASX 200 shares countdown

This Wednesday's winner was the real estate investment trust Arena REIT (ASX: ARF). Arena units soared 12.98% higher today to close at $2.35 each.

This came after the REIT released a pleasing update regarding its childcare portfolio.

Here's how the other high flyers landed their planes:

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

The profit was up 246% on FY25, and the company believes strong growth will continue due to the benefits of their ReRam technology.

Fast, efficient memory to drive revenue

Weebit Nano said in their recent profit report that AI, digitisation, and "increasing intelligent electronics" were driving demand for faster, more efficient embedded memory.

The company said:

ReRAM is becoming the leading technology to succeed embedded flash in next‑generation semiconductor devices, combining the performance, scalability and manufacturability required for future applications. Weebit ReRAM delivers ultra‑low power consumption, fast access times, excellent endurance and long data retention, even at high temperatures and in harsh operating environments. It is highly scalable to advanced process nodes and supports emerging computing architectures, including AI applications. With qualified solutions available across multiple foundry platforms, Weebit ReRAM is well positioned for a broad range of automotive, industrial IoT, consumer and AI‑enabled devices.

Weebit Nano Chief Executive Officer Coby Hanoch said the company expected revenue of at least $7.1 million in the first half of FY27, up from $5.6 million in the previous corresponding period.

He added:

Weebit Nano has a large addressable market. We are currently the leading independent supplier that can support multiple foundries and their customers, while competing ReRAM technologies developed by some foundries, are generally available only to customers manufacturing within these foundries. We enter FY27 in a materially improved financial position, having successfully raised $102 million (including a Share Placement Plan) to cement our ReRAM leadership in the embedded NVM market and accelerate development of a solution for the In‑Memory Compute (IMC) domain.

Broker says this ASX tech stock is looking cheap

Pitt Street Research said in a note to clients this week that Weebit Nano was building strong traction in the analogue semiconductor market, "which we see as its "lowest-hanging" commercial opportunity, with two of its largest customers already in the space''.

The broker said analogue was just one of multiple large markets for the company.

They added:

The real inflection point, however, in Weebit Nano's business model begins as royalty revenue starts to scale. Royalties carry very high incremental margins, meaning a greater share of each additional dollar of revenue should flow through to profitability. In our scenario analysis, we believe royalties could account for more than 30% of total revenue post-2030, as existing customers move into broader mass production.

Pit Street Research has a price target on Weebit Nano shares of $10.20, compared to $3.46 currently. The company is valued at $899.2 million.

The post Could this ASX tech company really rise 180%? appeared first on The Motley Fool Australia.

What did Weebit Nano report?

• Revenue rose to $15.3 million, up from $4.4 million in FY25.
• Statutory loss after tax increased to $54.9 million (FY25: $38.4 million).
• No dividends declared for the period.
• Net tangible assets per share improved to 63.95 cents (FY25: 43.04 cents).
• Cash balance at 30 June 2026 was $168.3 million, significantly up on the previous year.

What else do investors need to know?

Weebit Nano strengthened its commercial position in FY26 by licensing its ReRAM (Resistive RAM) technology to Texas Instruments, its largest ever customer, and expanded agreements with other key customers. The company also achieved industry-standard technology qualification at foundry partner DB HiTek and demonstrated working chips in collaboration with onsemi.

During the year, the company broadened its leadership team and built up its balance sheet, raising $102 million through capital initiatives. Weebit also established a US subsidiary to support its growing customer base and adoption in North America, and secured a role in Korea's national In-Memory Compute program, signalling growing recognition for its technology in AI and embedded computing markets.

What did Weebit Nano management say?

Weebit Nano CEO Coby Hanoch said:

Weebit Nano solidified our first mover advantage in embedded ReRAM, delivering significant commercial and technical progress that move us closer to mass production and sets us further apart from competitors… I'm incredibly proud of the world-class team Weebit Nano has built.

What's next for Weebit Nano?

Looking ahead, Weebit Nano expects continued revenue growth, with at least $7.1 million anticipated in 1H FY27. Management is focusing on supporting customers as they move toward mass production and entering the royalty revenue phase. The group will continue expanding its technology into advanced nodes and invest further in AI-related R&D, especially as demand for efficient memory solutions rises in dynamic markets like AI and automotive.

The company notes ongoing strategic efforts to secure new licensing deals, with an expectation of multiple new agreements over FY27. Weebit Nano's strong cash position is set to support R&D, commercialisation and new product development.

Weebit Nano share price snapshot

Over the past 12 months, Weebit Nano shares have risen 37%, outpacing the All Ordinaries Index (ASX: XAO).

View Original Announcement

The post Weebit Nano FY26: Record revenue, new customer wins appeared first on The Motley Fool Australia.

Two of the ASX heavyweights are racing ahead of the 0.2% gains posted by the S&P/ASX 200 Index (ASX: XJO) in early afternoon trade today, while one is mired in the red.

Here's what's capturing investor interest.

Fortescue shares tumble on Iron Bridge impairment

Fortescue shares are taking a beating today, down 3.1% at $18.27 apiece.

This follows a mostly positive June quarter production update, released this morning.

On that positive front, the ASX 200 mining giant reported record total iron ore shipments of 201.3Mt for FY 2026, up 1% year on year.

Fortescue's cash balance increased to US$5.1 billion at year end, with net debt falling to US$800 million.

And the miner expects another strong year ahead, providing FY 2027 shipment guidance in the range of 197 million tonnes to 207 million tonnes.

But Fortescue shares look to be under pressure, with the company saying it expects to recognise a non-cash impairment charge of US$750 million before tax, approximately US$525 million after tax, on its Iron Bridge magnetite project.

The miner noted, "The carrying value assessment for Iron Bridge considers the revised ramp up schedule and a range of production scenarios, including the nameplate capacity of 22Mt."

Weebit Nano shares jump on revenue upgrade

Weebit Nano shares are also turning heads today following the release of the company's own June quarter update.

And unlike the slump in Fortescue shares today, shares in the S&P/ASX 300 Index (ASX: XKO) semiconductor memory technology company are up 6.8% at the time of writing, trading for $4.38 each.

Investors are responding positively, with Weebit nano reporting $3.4 million of cash receipts in Q4 FY 2026. The company also increased its full-year FY 2026 revenue guidance up to at least $13.5 million.

Commenting on the results, Weebit Nano CEO Coby Hanoch said:

Weebit Nano has had another productive quarter as we expanded our licensing agreements with key customers, progressed the transfer of our IP to Texas Instruments and onsemi, secured an additional $15 million from existing shareholders, and had three customers successfully tape-out chip designs embedded with our ReRAM, one already demonstrating a functional prototype running software.

Which brings us to…

Capstone Copper shares surge on record earnings

Joining Weebit Nano and Fortescue shares in the headlines today is Capstone Copper.

Shares in the ASX 200 copper stock are up 8.1% at the time of writing, trading for $13.81 each.

This outperformance follows the release of a strong quarterly update this morning.

Among the highlights stoking investor interest, Capstone Copper reported record quarterly revenue of US$739.7 million, up 36% year on year.

Earnings also broke records, with the ASX 200 copper miner reporting adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of US$354 million, up 64% year on year.

The post Why Capstone Copper, Weebit Nano, and Fortescue shares are turning heads on Friday appeared first on The Motley Fool Australia.

What did Weebit Nano report?

• FY26 revenue guidance upgraded to at least A$13.5 million
• Three customer chip designs with embedded ReRAM technology successfully taped out
• Quarterly cash receipts of A$3.4 million for Q4 FY26
• Total funds raised reached A$102 million after a recent $15 million share purchase plan
• R&D expenses for the quarter were A$4.6 million; cash balance stood at A$167 million as at 30 June 2026

What else do investors need to know?

Weebit Nano's key customers expanded their licensing agreements to incorporate additional technologies and products, showing increasing confidence in the company's ReRAM solutions. Three different chip designs using Weebit's embedded memory have now reached the tape-out stage, with one already demonstrating a functional prototype.

The company's technology transfer projects with Texas Instruments and onsemi are progressing on schedule. Integration work is advancing for use in automotive, industrial, and AI data centre applications, broadening Weebit's commercial reach.

Weebit also strengthened its patent portfolio during the quarter, with three new patents granted that improve memory cell endurance and efficiency.

What did Weebit Nano management say?

Weebit Nano's CEO, Coby Hanoch, commented:

Weebit Nano has had another productive quarter as we expanded our licensing agreements with key customers, progressed the transfer of our IP to Texas Instruments and onsemi, secured an additional $15 million from existing shareholders, and had three customers successfully tape-out chip designs embedded with our ReRAM, one already demonstrating a functional prototype running software. One of our three main targets for 2026, customer chip design tape-out is a significant achievement on the path to the most important milestone for any new semiconductor technology – mass production of a first product.

What's next for Weebit Nano?

Looking ahead, Weebit Nano expects to build on its licensing momentum as further commercial chip designs move towards mass production and established partnerships progress through qualification stages. The upgraded revenue guidance reflects management's confidence that new and expanded customer engagements will continue to drive the business forward.

The company remains focused on supporting technical transfer to manufacturing partners and scaling its ReRAM technology for broader use in AI, automotive, and advanced industrial applications.

Weebit Nano share price snapshot

The Weebit Nano share price has risen 70% over the past 12 months. As a comparison, the S&P/ASX 200 index (ASX: XJO) has only climbed 2.6%.

View Original Announcement

The post Weebit Nano lifts revenue guidance on new deals and chip tape-outs appeared first on The Motley Fool Australia.

The ASX 300 slightly underperformed the benchmark S&P/ASX 200 Index (ASX: XJO) last financial year.

The ASX 200 increased by 2.77% and provided a total return of 7%, according to S&P Global data.

Nine ASX 300 shares delivered triple-or-more share price growth last financial year.

That means they went up by 200% or more.

Let's check them out.

Nine triple treats of FY26

1. Sunrise Energy Metals Ltd (ASX: SRL)

This ASX 300 mining share stunned investors with a 2,040% gain in FY26 to finish the year at $17.23.

Sunrise Energy Metals is developing scandium and nickel-cobalt projects in central-west NSW.

2. 4DMedical Ltd (ASX: 4DX)

This ASX 300 healthcare share skyrocketed 1,786% to close out the year at $4.53.

The respiratory imaging technology company received US Food and Drug Administration (FDA) approval for CT:VQ in FY26.

CT:VQ is a post‑processing technology that transforms routine chest CTs into far more detailed images and graphics.

3. Minerals 260 Ltd (ASX: MI6)

This ASX 300 gold share soared 508% to end FY26 at 73 cents per share. 

This mineral explorer is building the Bullabulling Gold Project in Western Australia.

4. Weebit Nano Ltd (ASX: WBT)

The Weebit Nano share price catapulted 414% higher over the year to $8.35 by 30 June.

Weebit develops advanced semiconductor memory technology.

5. Elevra Lithium Ltd (ASX: ELV)

This ASX 300 lithium share rocketed 327% higher to finish at $9.60 on 30 June.

Elevra was formed through the merger of Piedmont Lithium and Sayona Mining companies.

6. Elsight Ltd (ASX: ELS) 

The Elsight share price soared 300% to finish FY26 at $7.10. 

Elsight's Halo product provides Beyond the Visual Line of Sight (BVLOS) connectivity for drones, UAVs, and other defence systems.

7. PLS Group Ltd (ASX: PLS)

Formerly known as Pilbara Minerals, this ASX 300 lithium share soared 275% to $5.02 apiece.

The company's flagship is the Pilgangoora Operation, the world's largest independent hard-rock lithium mine. 

8. Electro Optic Systems Holdings Ltd (ASX: EOS)

The Electro Optic Systems share price increased 261% to close FY26 at $10.30.

Electro Optic designs defence technology, advanced weapon systems, and counter-drone solutions.

9. Macmahon Holdings Ltd (ASX: MAH) 

This ASX 300 materials share ripped 213% to finish the year at 96 cents apiece.

Macmahon is a contract mining and civil infrastructure company that provides services in Australia and Southeast Asia.

The post 9 ASX 300 shares that tripled in FY26 appeared first on The Motley Fool Australia.

Here, we review three fresh buy, hold, and sell calls from expert market analysts.

Weebit Nano Ltd (ASX: WBT)

The Weebit Nano share price soared 414% in FY26 to finish at $8.35 per share.

This was a vastly different performance to many of its peers, which suffered major declines amid a broader tech sector rout. 

Weebit develops advanced semiconductor memory technology.

Mark Elzayed from Investor Pulse reckons there's more growth ahead for this ASX tech share.

He explains his buy rating on The Bull this week:

Licensing deals with Texas Instruments and onsemi have contributed to company performance. Revenue guidance of $10 million in full year 2026 and a recent capital raising of $102 million fortifies the balance sheet for artificial intelligence and research development.

The shift towards a recurring royalty model generates long term operating leverage.

Momentum and news flow are positive, although the multi year path from licence to royalty income remains the key execution risk.

Metals X Ltd (ASX: MLX)

The Metals X share price ripped 142% to close out FY26 at $1.32.

Elzayed has a hold rating on this ASX materials share.

He explained:

The company is Australia's largest tin producer. It has a 50 per cent equity interest in the Renison tin operation in Tasmania.

Revenue of $285 million in full year 2025 was up 30 per cent on the prior corresponding period.

However, much of this tin market tightness and consolidation now appears priced into the stock.

The stock is already reflecting a bullish structural tin thesis.

So, in our view, MLX is better suited to holding than buying at these levels.

Pro Medicus Ltd (ASX: PME)

The Pro Medicus share price fell 29% in FY26 amid a savage healthcare sector downturn. 

However, the stock price of this medical imaging software provider has been recovering strongly since hitting a 52-week low of $107.75 in February.

Pro Medicus shares are up by more than 70% since hitting that floor.

The broader healthcare sector pivoted on 3 June and is also rapidly rising.

Tony Locantro from Alto Capital has a sell recommendation on this ASX 200 healthcare share.

Locantro explained:

The company recently delivered an outstanding first half result in full year 2026. Underlying earnings before interest and tax was up 29.7 per cent and revenue was up 28.4 per cent amid securing more than $A280 million in new contract wins.

Despite these exceptional fundamentals, the company's premium valuation reflects high market expectations and leaves limited room for disappointment.

While Pro Medicus remains a best-in-class business with strong long term prospects, the current risk-reward balance supports a view to trim holdings at current levels.

The post Buy, hold, sell: Weebit Nano, Metals X, Pro Medicus shares appeared first on The Motley Fool Australia.

In early afternoon trade on Monday, shares in the semiconductor memory technology company are changing hands for $5.62 apiece.

This sees the Weebit Nano share price up a very impressive 148.7% over the last year, racing ahead of the 1.3% 12-month gains delivered by the benchmark index.

And looking ahead, Investor Pulse's Mark Elzayed believes the stock is well-placed to keep outperforming (courtesy of The Bull).

Here's why.

Should I buy the ASX 300 tech stock today?

"Weebit Nano develops advanced semiconductor memory technology," Elzayed noted late last week.

Commenting on his bullish outlook for the ASX 300 tech stock, he said:

Licensing deals with Texas Instruments and onsemi have contributed to company performance. Revenue guidance of $10 million in full year 2026 and a recent capital raising of $102 million fortifies the balance sheet for artificial intelligence and research development.

Indeed, in a market announcement out just this morning, Weebit Nano again upgraded its full year revenue guidance.

According to the release:

Based on unaudited numbers, the company now expects revenue to be at least A$13.5 million, replacing previous guidance of "at least A$12 million". The increased revenue guidance is mainly attributable to the expansion of customer projects.

Summarising his buy recommendation on Weebit Nano shares, Elzayed concluded:

The shift towards a recurring royalty model generates long term operating leverage. Momentum and news flow are positive, although the multi-year path from licence to royalty income remains the key execution risk.

What's the latest from Weebit Nano?

The ASX 300 tech stock reported its third quarter (Q3 FY 2026) results on 30 April.

Commenting on the company's upgraded full year revenue guidance at the time, Weebit Nano CEO Coby Hanoch said, "It's been an important quarter for Weebit Nano as we made the strategic decision to significantly strengthen our balance sheet to accelerate our growth ambitions."

Hatch noted:

Our technology was selected for a Korean National Compute-in-Memory program, we secured two new revenue-generating agreements, and continued to make strong technical progress with onsemi and Texas Instruments.

As for the recent capital raising the Elzayed mentioned above, Hatch said:

The added capital from our recent raise enables us to widen the gap between ourselves and competitors and have undisputedly the best ReRAM in the market. As the only independent provider of qualified ReRAM, we have a once-in-a-generation opportunity to take share as adoption shifts from niche to mainstream.

The post Up 149% in a year, why this surging ASX 300 tech stock is still a good buy today appeared first on The Motley Fool Australia.

The All Ords underperformed the S&P/ASX 200 Index (ASX: XJO), which rose 2.77% and delivered total returns of 7%.

Fifteen ASX All Ords shares delivered between 200% and 400% growth last financial year.

Here, we take a look at five of them. 

1. Weebit Nano Ltd (ASX: WBT)

The Weebit Nano share price skyrocketed 414% in FY26 to close out the year at $8.35.

Weebit was one of few ASX All Ords tech shares that had a great year amid a broader tech sector rout. 

Weebit develops advanced semiconductor memory technology.

The company's Resistive Random Access Memory (ReRAM) is a high-performance, low-cost type of Non-Volatile Memory (NVM) technology used in complementary metal oxide semiconductors (CMOS), which are the building blocks of digital integrated circuits. 

2. Elsight Ltd (ASX: ELS) 

The Elsight share price ripped 300% to finish FY26 at $7.10. 

Elsight's flagship product, Halo, provides Beyond the Visual Line of Sight (BVLOS) connectivity for drones, UAVs, and other unmanned systems in the air and on land.

Halo was launched in 2020, and today, more than 100 drone and UAV manufacturers and operators are using it for connectivity. 

Elsight's market cap growth elevated it into the top 10 stocks within the ASX 200 tech sector last year. 

3. PLS Group Ltd (ASX: PLS)

The market's largest ASX 200 lithium share soared 275% to close out FY26 at $5.02. 

Formerly known as Pilbara Minerals, PLS Group is the largest lithium miner on the ASX by market cap.

The company's flagship is the Pilgangoora Operation, the world's largest independent hard-rock lithium mine. 

Like all ASX lithium miners, PLS Group benefitted from skyrocketing lithium commodity prices last year. 

4. Wildcat Resources Ltd (ASX: WC8)

The Wildcat Resources share price ascended 225% in FY26 to close out the year at 52 cents.

The mineral explorer is building the Tabba Tabba Lithium-Tantalum project and the Bolt Cutter project in the Pilbara.

Bell Potter analyst James Williamson says Tabba Tabba is the only large-scale near-term Australian lithium development positioned to commence production during the current lithium price cycle.

Wildcat has completed its pre-feasibility study at Tabba Tabba and is working towards a definitive feasibility study.

5. Macmahon Holdings Ltd (ASX: MAH) 

This ASX All Ords materials share increased 213% to finish the year at 96 cents on 30 June. 

Macmahon is a contract mining and civil infrastructure company providing operational services to gold, copper, and coal mines in Australia and Southeast Asia.

For 1H FY26, Macmahon reported a 61% increase in reported net profit after tax (NPAT) to $48.2 million.

The post 5 ASX All Ords shares that ripped 200% to 400% in FY26 appeared first on The Motley Fool Australia.

In the past 12 months, these ASX shares have shot higher: 

• Weebit Nano Ltd (ASX: WBT) has risen 448%
• SRG Global Ltd (ASX: SRG) has climbed 150%
• Dicker Data Ltd (ASX: DDR) is up 58%

After hitting fresh yearly highs, here's what brokers are expecting moving forward for these red-hot ASX shares. 

Weebit Nano outlook 

Weebit Nano develops and licenses Resistive Random-Access Memory (ReRAM), an advanced semiconductor memory technology designed to outperform traditional Flash memory in speed, energy efficiency, and reliability.

Its rise over the past year has been driven by several key tailwinds: 

• Major customer validation – Licensing deals with Tier-1 semiconductor giants signalled industry-wide acceptance of ReRAM as the next-generation memory standard
• Rapid revenue inflection – Revenue grew exponentially year on year, with guidance repeatedly upgraded, confirming the business model is converting technology into real commercial traction
• Ready to scale – Technology cleared industry manufacturing standards, and the company raised significant capital to fund the next phase of growth

While it could remain a speculative buy based on broker targets, its memory technology addresses a critical challenge in AI, IoT, automotive, and industrial applications, where increasing processing demands are exposing the limitations of conventional memory technologies.

This could give it plenty of runway for further gains despite already rising significantly in the last 12 months. 

SRG can continue to climb

SRG is an engineering-led construction, maintenance, and mining services group built to solve complex problems across the entire asset lifecycle.

Its share price has soared in the last 12 months on the back of contract wins and earnings upgrades.

In good news for prospective investors, it is still generating broker interest despite its massive gain over the last year. 

Morgans recently retained its buy recommendation on these ASX shares, along with an increased price target of $4.20. 

From Friday's closing price of $3.97, this indicates a further 6% upside. 

Bell Potter is also optimistic on the future for these ASX shares. 

It recently upgraded its price target to $4.25. 

Dicker Data looks fully valued

Dicker Data is a wholesale distributor of computer hardware, software, cloud, and related products.

It has been one of the ASX technology shares riding the data centre boom in the last year. 

After hitting fresh 52-week highs last Friday, it appears these ASX shares may now be fully valued. 

Morgan Stanley currently has an $11 price target on these ASX shares, which is well below Friday's closing price of $12.43. 

The post These are three of the hottest ASX shares right now – can they keep rising? appeared first on The Motley Fool Australia.

During Wednesday's session: 

• Weebit Nano Ltd (ASX: WBT) fell over 9%
• Ora Banda Mining Ltd (ASX: OBM) dropped almost 10%
• 4DMedical Ltd (ASX: 4DX) shed 9%. 

Single day falls of this magnitude can be the moment prospective investors wait for to enter into a company. 

Here is what prompted the sell-off yesterday, and what experts are tipping for these ASX shares moving forward. 

Tough week continues for Weebit Nano

Weebit Nano develops and commercialises silicon oxide and Resistive Random-Access Memory technology. Its products are used in various applications, such as in computers, consumer electronics, smartphones, tablets, enterprise storage, automotive infotainment and navigation systems, healthcare, wearables and IOT.

Its share price has tumbled for three consecutive days and now sits 13% lower than last Friday's close. 

This is potentially following the same trend seen on Wall street last week.

Despite the recent sell-off, these ASX shares remain 250% higher than this time last year. 

It seems the recent share price weakness could be a buy the dip opportunity for investors. 

Weebit shares closed yesterday at $6.55 each. 

This is significantly below recent targets from Pitt Street. 

The Pitt Street team values Weebit Nano at $10.20 per share, 55% above current levels. 

Ora Banda Mining remains a value play 

Ora Banda Mining is a gold exploration company.

Despite yesterday's 10% fall, there was no price sensitive news out of the miner on Wednesday. 

Its share price remains largely flat in 2026 compared to the start of the year, however has consistently attracted optimism from brokers. 

Canaccord Genuity reiterated its buy rating recently with a $2.25 target this week.

That indicates these ASX shares could more than double in the next 12 months. 

It closed yesterday at $1.09 per share. 

Can 4DMedical keep soaring?

Despite falling in 2026, 4DMedical shares have risen more than 1,000% in the last 12 months. 

4DMedical is a medical technology company working in the field of respiratory imaging and ventilation analysis in the treatment of lung and respiratory diseases.

Despite some share price softness this year, experts believe it can keep charging ahead long term. 

MPC Markets' Mark Gardner forecasts more outperformance to come (courtesy of The Bull).

Gardner reinforced that the company has a stronger funding position after its recent capital raise and a clearer commercial pathway than in prior years.

Elsewhere, Bell Potter has a price target of $6.00 on these ASX shares. 

This indicates a potential rise of 64% from current levels. 

The post After dropping 9% yesterday, should you buy the dip on these ASX shares? appeared first on The Motley Fool Australia.

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

Aeris Resources Ltd (ASX: AIS)

The Aeris Resources share price is down 7% to 38.5 cents. This appears to have been driven by broad weakness in the mining sector today, which has overshadowed a promising announcement this morning. Aeris Resources revealed that significant gold intersections continue at Golden Plateau. It achieved high-grade gold intersections from the Main, North and East lodes. Aeris' executive chair, Andre Labuschagne, said "The consistent performance of our geological model continues to impress, with drill holes across the Main, North and East lodes intersecting mineralisation at their predicted positions and delivering some of our strongest results to date."

Northern Star Resources Ltd (ASX: NST)

The Northern Star share price is down almost 4% to $19.14. Investors have been selling gold stocks today following a pullback in the price of the precious metal. Traders appear to be betting on higher oil prices causing a spike in inflation, putting pressure on central banks to raise interest rates. The S&P/ASX All Ordinaries Gold index is down 4.5% at the time of writing.

REA Group Ltd (ASX: REA)

The REA Group share price is down almost 4% to $152.74. This may have been driven by a broker note out of Bell Potter this morning. According to the note, the broker has downgraded the property listings company's shares to a sell rating (from buy) with a heavily reduced price target of $137.00 (from $217.00). Bell Potter said: "We downgrade our recommendation to Sell (prev. Buy). REA currently trades around 28x FY27e P/E, which is a level it has historically only traded at during EPS declines; VA consensus currently anticipates 14% EPS growth in FY27 (BPe: -2%). REA also appears expensive against other ASX classifieds on a FCF growth basis at 1.7x EV/FCFg in FY27e."

Weebit Nano Ltd (ASX: WBT)

The Weebit Nano share price is down 8% to $6.95. This is despite there being no news out of the memory technology developer. However, it is worth noting that chip stocks were sold off on Wall Street on Friday. So, today's selling of Weebit Nano shares could be a reflection of that weakness.

The post Why Aeris Resources, Northern Star, REA Group, and Weebit Nano shares are falling today appeared first on The Motley Fool Australia.

Upside remains

The shares are changing hands for $7.08 at the time of writing, well above the $4.05 per share at which the company raised the new capital, but the team at Pitt Street Research believes the shares could go even higher.

The company is also raising a further $15 million in an offer to its existing shareholders.

The Pitt Street team said the new capital raise brought the company's cash position to $172 million, "making it one of the best capitalised independent IP licensors in the non-volatile memory market''.

They added:

The next phase of Weebit Nano's growth cycle is to scale the commercial model to start generating royalty revenues, which will be the primary driver of cash flow growth over the next 10 years. The $87m placement is being invested across three equal investment buckets to facilitate exactly that.

Pitt Street said the company was investing $25 million apiece across three growth drivers, one of which was the core ReRAM technology.

Pitt Street added:

It's currently starting to look like Weebit Nano holds a first mover advantage as the only publicly listed independent ReRAM IP licensor with signed commercial agreements at the Tier-1 integrated device manufacturer level, a position that, to our knowledge, no direct competitor has yet replicated. For investors looking at the company's trajectory over the next 5 years, we see a credible path to 8 – 10 qualified foundry partners, including its existing foundry customers, alongside 10 – 15 IDMs and between 150 – 200 product companies actively designing Weebit Nano ReRAM into their product and chip manufacturing flows.

Pitt Street said this was when the royalty revenue story will begin to materialise.

We model the first royalty contributions emerging in FY27 as current customers complete qualification and move toward production, with royalties scaling materially post-2030 as production volumes ramp across an expanding customer base. At that point, the business model transitions from the current license and NRE fee dominance into the high-margin, recurring royalty profile that defines the long-term earnings power of the company.

Shares looking like good value

Pitt Street has valued the company using a peer group analysis methodology, as well as looked at the company's value in an M&A scenario.

The Pitt Street team values Weebit Nano at $10.20 per share, up from the previous valuation of $9.74.

The company is valued at $1.73 billion.

The post Up more than 300% over a year, could this ASX tech stock keep rising? appeared first on The Motley Fool Australia.

Yet three ASX-listed companies have done exactly that over the past twelve months, each driven by powerful tailwinds that may continue providing.

The question for investors today is whether the best is behind them or whether three is still room for growth.

Electro Optic Systems Holdings Ltd (ASX: EOS)

Few ASX stocks have had a more dramatic twelve months than Electro Optic Systems Holdings.

The defence and space technology company has risen more than 450% over the past year, transforming from a little-known ASX all-ords stock into one of the most talked-about names in Australian defence investing.

EOS develops and manufactures remote weapon systems, high energy laser weapons, and counter-drone solutions for governments and defence forces around the world.

The company signed $424 million worth of contracts during FY2025, compared to just $70 million in FY2024, including a $125 million high energy laser weapon export contract that was the world's first of its kind.

In Q1 2026, EOS reported cash receipts of $72.6 million, up $49.9 million on the same period a year earlier.

The company's combined order book now sits at $726 million, and its pending acquisition of the MARSS group business adds a further dimension to its counter-drone capability.

Bell Potter retains a buy rating on the stock, stating:

EOS is positioned as a market leader in C-UAS solutions, particularly in directed energy, and is leveraged to increasing budget allocations to C-UAS technologies. Through both its kinetic and directed energy solutions, EOS has a long runway for growth.

Cobram Estate Olives Ltd (ASX: CBO)

Cobram Estate Olives is not the kind of stock you expect to find in a list of the ASX's biggest annual performers.

Yet the premium olive oil producer has risen more than 100% over the past twelve months, as a combination of record harvests, surging global olive oil prices, and a transformative US acquisition reshaped the investment case.

Cobram owns the Cobram Estate and Red Island brands, which together account for approximately half of the olive oil market share in Australian supermarkets by value.

The company is also Australia's largest vertically integrated olive farmer, operating extensive groves and mills in both Victoria and California.

In December 2025, Cobram shares surged 17% in a single session after Ord Minnett upgraded its recommendation to buy following the announced acquisition of California Olive Ranch, describing the deal as 9% EPS accretive from FY2027 and a major step toward scaling the company's US business.

The acquisition expands Cobram's US footprint significantly, with a 27% increase in olive oil supply and a combined brand portfolio that positions it as one of the largest premium olive oil companies in the United States.

Cobram's earnings have grown at an average annual rate of 30.6% over the past five years, well ahead of the broader food sector, and revenue has grown at an average of 14.5% per year over the same period.

The FY2026 full-year result is due in August 2026, and management has guided that the second half will be materially positive, driven by the recognition of fair value adjustments from the Australian harvest.

Weebit Nano Ltd (ASX: WBT)

Weebit Nano is the most speculative of the three stocks in this article, but also the one with arguably the most transformative potential.

The Adelaide-based semiconductor company has risen more than 310% over the past twelve months, hitting its highest share price since 2023 this week as a series of major commercial milestones accelerated investor interest.

Weebit develops and licenses Resistive Random-Access Memory technology, known as ReRAM, a next-generation semiconductor memory solution that is faster, more energy efficient, and more reliable than traditional Flash memory.

The technology addresses a growing bottleneck in AI, IoT, automotive, and industrial applications where traditional memory cannot keep pace with processing demands.

In May 2026, two of Weebit's product customers successfully taped out chip designs using its ReRAM module, meaning those designs have been released to manufacturing.

One customer has already produced a functional prototype.

This represents one of three key 2026 targets Weebit set at its 2025 Annual General Meeting, and its achievement has materially de-risked the commercialisation pathway.

The company completed a strongly supported $102 million capital raise in May, with institutional and retail investors backing the business at $4.05 per share, a strong signal of market confidence in the technology roadmap.

Weebit's licensing model, which generates high-margin royalty revenue without the overhead of physical manufacturing, means that as more chip designers adopt its ReRAM module, the revenue potential scales rapidly with limited incremental cost.

Foolish takeaway

EOS, Cobram Estate, and Weebit Nano have each doubled or more from very different starting points and for very different reasons.

EOS rides the global defence spending wave.

Cobram capitalises on the shift toward premium olive oil consumption and expanding US scale.

Weebit sits at the frontier of next-generation semiconductor memory at precisely the moment AI is creating insatiable demand for better, faster, and more efficient memory solutions.

All three carry meaningful risks, and none is suitable for investors who cannot tolerate volatility.

But for those with a long-time horizon and an appetite for high-conviction ideas, all three deserve serious attention.

The post 3 ASX shares that have doubled in the last year and could keep climbing appeared first on The Motley Fool Australia.

This continued a 5-day run of volatility, as Australia's benchmark index continues to jump around significantly day to day. 

In good news, there was several well-known ASX shares that rose significantly: 

• Catapult Sports Ltd (ASX: CAT) shares increased 11%
• Weebit Nano Ltd (ASX: WBT) jumped 13%
• Virgin Australia Holdings Ltd (ASX: VGN) shares rose 9%
• Elevra Lithium Ltd (ASX: ELV) gained 9%
• Clarity Pharmaceuticals Ltd (ASX: CU6) rose 8%

Here's what was behind the gains, and what experts are tipping moving forward. 

Catapult Sports

Catapult Sports shares have now gained a whopping 30% this week. 

Investors are seemingly pleased with the recent FY26 results.

The results included record revenue and strong EBITDA growth. 

The team at Bell Potter were impressed with results, with the broker raising its price target on these ASX shares to $4.65, and retaining its buy recommendation. 

Following yesterday's closing, this updated target indicates 24% further upside. 

Weebit Nano

Weebit Nano shares have exploded in 2026. The digital memory technology company has seen its share price rise almost double since the start of April. 

These ASX shares are now up 300% in the last year. 

This has come on the back of impressive results and capital raising efforts.

At the time of writing, Weebit Nano shares are trading for $6.79 each. 

Forecasts via TradingView indicate there is still moderate upside for this technology stock. 

Analysts forecast an average one year price target of $7.63, which is 12% higher than current levels. 

Virgin Australia

Virgin shares rebounded 9% yesterday after a poor start to the year. 

Its share price remains down 30% year to date, however it appears investors might be beginning to recognise the value in ASX travel shares. 

The sector has been hit hard by surging oil prices, inflation and global conflict in 2026. 

Broker forecasts currently see approximately 45% upside for Virgin shares from current levels. 

Elevra Lithium

Elevra is an emerging lithium producer focused on sourcing and developing the raw materials needed to construct lithium-ion batteries, primarily lithium and graphite.

In 2026 it has benefited from surging oil costs, which has reignited the appeal for alternative energy sources.

After yesterday's 9% gain, this stock is up 400% in the last year. 

Analysts forecasts indicate this rocketing lithium stock can keep climbing. 

The average price target from brokers via TradingView has a one year price target of $15, indicating a further 22% upside. 

Clarity Pharmaceuticals

This radiopharmaceutical company saw its shares rise 8% yesterday. Investors will be hoping this is the start of a rebound, as its share price remains down 26% year to date. 

Last month, Canaccord Genuity placed a price target of $8.41 on the healthcare stock. 

This price target is 200% higher than current levels. 

The post Are these ASX shares a buy, hold or sell after jumping 8% or more? appeared first on The Motley Fool Australia.

The semiconductor technology stock is up 13.64% to $6.83 at the time of writing.

Earlier today, it climbed as high as $6.94. The last time Weebit Nano shares traded at that level was in June 2023.

The move caps off a powerful run for shareholders. The stock is now up almost 70% this month and more than 300% over the past year.

So, what has investors piling back into this ASX tech stock?

Why Weebit Nano shares are hot again

Weebit Nano has been gaining attention because of progress with its semiconductor memory technology.

The company develops ReRAM, which stands for Resistive Random-Access Memory.

This type of memory is designed to keep data without power, while using less energy than some existing memory technologies.

Its technology gives investors exposure to several high-growth markets, including AI, connected devices, cars, robotics, and industrial automation.

That gives the stock exposure to several high-growth technology markets.

Investors have also been watching the company's move from development towards commercial use.

Earlier this month, Weebit Nano said two product customers had successfully taped-out chip designs using its ReRAM module.

Tape-out means a chip design has been released to manufacturing.

One of those customers has already produced a functional prototype.

Both customers are now expected to continue testing before any move into broader production.

The rally is back on track

The speed of the rally has also been difficult to miss.

Weebit Nano shares were trading as low as $3.87 in late April. Less than a month later, they have now traded as high as $6.94.

The company also recently completed a strongly supported share purchase plan (SPP), raising about $15 million from eligible shareholders.

But the share price did not rally straight away after that update.

Weebit Nano closed at $6.80 last Thursday, then fell for 3 straight sessions. The stock dropped 5% on Monday, 1.39% on Tuesday, and 5.65% on Wednesday to finish at $6.01.

Today's rebound suggests investors are looking beyond the recent capital raising and focusing again on the company's commercial progress.

Foolish bottom line

Weebit Nano remains a high-risk tech stock, but investors are clearly chasing its momentum again.

The business is still at the stage where customer milestones and commercial progress can move the share price quickly.

But the next test is whether this recent progress can eventually turn into meaningful commercial revenue.

The post Up 300% in a year, this ASX tech stock just hit its highest level since 2023 appeared first on The Motley Fool Australia.

However there were pockets of the market that enjoyed strong runs. 

Three such ASX shares that soared to record highs last week were: 

• Weebit Nano Ltd (ASX: WBT)
• Cobram Estate Olives Ltd (ASX: CBO)
• Tasmea Ltd (ASX: TEA)

Here's what drove the strong performance and what experts are tipping for these high-performing ASX shares. 

Weebit Nano continues strong year

Weebit Nano develops and commercialises silicon oxide and Resistive Random-Access Memory technology. Its products are used in various applications, such as in computers, consumer electronics, smartphones, tablets, enterprise storage, automotive infotainment and navigation systems, healthcare, wearables and IOT.

Last week, it gained 20% on Thursday, followed by an 11% gain on Friday. 

Its share price has now risen more than 270% in the last year and now sits at an all time high.

Last week's rise came after the company announced it had raised another $15 million and a new major shareholder emerged.

The company told the ASX that its share purchase plan, priced at $4.05 a share, had raised additional funds, taking the total capital raised, including an institutional placement to $102 million.

These ASX shares ultimately closed last week at $6.80 per share, however broker estimates (via TradingView) see a further 12% upside for this ASX technology stock.

Cobram Estates hits fresh 52-week highs

Cobram Estates produces and markets premium quality extra virgin olive oil. It owns two Australian brands, Cobram Estate and Red Island, which account for about half of the olive oil market share in Australian supermarkets by value.

It closed last Friday at a new 52-week high following a 2% gain. 

It is now up more than 100% over the last 12 months. 

Cobram has surged due to its profit jumping sharply on the back of record olive harvests, high global olive oil prices, and strong earnings guidance. 

Investors have also become more optimistic about the company's long-term growth story, particularly its expanding US operations and premium olive oil branding.

Despite these tailwinds, estimates from experts (via TradingView) indicate it is currently close to fully valued. 

Growth continues for Tasmea

Tasmea s a skilled services company. It provides essential maintenance, engineering, and specialised project services and solutions across the following four service streams to the mining and resources; oil and gas; waste and water; power and renewable energy; and defence and infrastructure industries.

It has been a steady climb for this ASX industrials stock over the last year. It is now up 121% in that span after gaining another 2% last Friday. 

According to trading view, 4 analysts offering a one year price target have an average forecast of $5.63 on these ASX shares. 

This target is 8% higher than the current share price.

The post Are these ASX shares a buy, hold or sell after rocketing to record highs last week? appeared first on The Motley Fool Australia.

Strong demand for new shares

The company said in a statement to the ASX that a share purchase plan priced at $4.05 per share had raised the new funds, bringing the total raised, including an institutional placement, to $102 million.

Shareholders who took up the new shares are already sitting on healthy gains, with Weebit Nano shares changing hands for $6.08 at market close on Thursday, up 21.6%.

Weebit Nano Chief Executive Officer Coby Hanoch said:

The Board and I are incredibly grateful for the strong support we continue to receive from our loyal retail shareholder base. Weebit is at an exciting juncture in the Company's history with AEC-Q100 (automotive grade) qualified ReRAM, multiple licensing agreements with leading foundries and IDMs, two commercial product prototypes integrated with Weebit ReRAM, and a world class executive team. While our ReRAM technology already outperforms competitor offerings across most technical parameters, this capital enables us to scale up and accelerate the commercialisation of our ReRAM technology to cement our market leadership and expand our footprint. The ReRAM race will be run and won in the coming years, and we want to make sure we not only have the best technology in the market but are able to support emerging AI demands alongside a significant step-up in licensing agreements.

Mr Hanoch said the company's strengthened balance sheet would help it accelerate its growth ambitions and address new market segments.

Major Israeli backer

A separate lodgment with the ASX on Thursday identified Israeli company Meitav Investment House as a significant shareholder in the company with a 5.37% stake.

The website of the publicly-listed investment house says it manages more than ILS407 billion for more than one million clients.

Weebit Nano also earlier this month said two of its customers had successfully taped out (released to manufacturing) chip designs intended for mass production, with both including the Weebit ReRAM module.

The company said at the time:

Tape-out by product customers is an important milestone on the path to mass production and marks the achievement of one of the three 2026 targets set at Weebit's 2025 Annual General Meeting.

Weebit Nano shares have appreciated from lows of $1.43 over the past 12 months.

The ASX technology company is now valued at $1.42 billion.

The post Why did shares in this ASX technology company surge more than 20%? appeared first on The Motley Fool Australia.