As earnings season nears its end, Morgans has reviewed the following companies' reports and given them a buy rating.

Here's why.

WiseTech Global Ltd (ASX: WTC)

The WiseTech share price is $41.14, up 4% today and down 59% over 12 months.

WiseTech released its FY26 results this week.

Morgans reiterated its buy rating on the ASX 200 tech share.

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

This implies a potential 52% upside ahead for WiseTech shares.

Morgans 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%.

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price is $12.07, down 1% today and down 5% over 12 months.

Flight Centre released its FY26 report this week.

Morgans reiterated its buy rating on the ASX 200 consumer discretionary share.

The broker lowered its 12-month price target from $14.80 to $14.25.

This implies potential capital gains of 18% ahead for Flight Centre shares.

Morgans said:

FLT's FY26 result came in at the lower end of guidance which is disappointing given its 18 June trading update. Leisure was the key miss for us. Corporate had a strong year (+28% NPBT growth), while Leisure was weak (NPBT -22%) given the Middle East conflict.

Outlook comments disappointed with Corporate expected to have a weak 1H27, followed by growth in the 2H27. Pleasingly, Leisure is off to a strong start.

While investors will need to be patient for another six months, FLT's fundamentals remain attractive (FY27F PE of 11.6x) …

When operating conditions ultimately improve, both its earnings and share price will be materially higher.

Netwealth Group Ltd (ASX: NWL)

The Netwealth share price is $21.40, down 0.5% today and down 38% over 12 months.

Netwealth released its FY26 earnings this week.

Morgans increased the ASX 200 financial share to a buy rating with a $27.50 target.

This implies potential gains of 28% ahead for Netwealth shares.

Morgans said:

NWL reported FY26 Revenue +21%; EBITDA +18%; and NPAT +16% on pcp, which was largely in line with MorgF / Consensus expectations.

Whilst flows momentum 1Q27 to date has seen a slower start, NWL reaffirmed its FY27 Flows guidance of $18-20bn, with the cadence of flows from MS and other sources expected to step up over the course of the year.

The post 3 ASX 200 shares to buy post-results: broker appeared first on The Motley Fool Australia.

This week, brokers indicated continued confidence in several ASX 200 shares.

Let's check them out.

Coles Group Ltd (ASX: COL)

The Coles share price is $23.40, down 1.4% today and down 3% over 12 months. 

Over the past month, this ASX 200 consumer staples share has fallen 2%.

Morgan Stanley renewed its buy rating on Coles shares this week.

The broker has a 12-month price target of $25.

This suggests a potential 6% upside ahead.

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price is $64.35, down 1.6% today and up 74% over 12 months. 

Over the past month, this ASX 200 mining share has soared 21%.

Bell Potter renewed its buy rating on Mineral Resources shares today.

The broker has a $75 target, which implies a 15% upside ahead.

Woolworths Group Ltd (ASX: WOW)

The Woolworths share price is $39.04, down 1.3% today and up 38% over 12 months.

This ASX 200 supermarket share has fallen 2% over the past month.

Morgans reiterated its buy rating on Woolworths shares with a price target of $43.50.

This implies potential capital gains of 11% ahead.

Centuria Capital Group (ASX: CNI)

The Centuria Capital share price is $1.18, down 1.3% today and down 52% over 12 months. 

Over the past month, this ASX real estate investment trust (REIT) has slumped 22%.

UBS maintained its buy rating on Centuria Capital shares today.

The broker lowered its target from $2.11 to $1.80, suggesting a 52% upside ahead.

Paladin Energy Ltd (ASX: PDN)

The Paladin Energy share price is $11.77, down 2.6% today and up 62% over 12 months.

Over the past month, this ASX 200 uranium share has ripped 28% higher.

Jefferies reaffirmed its buy rating on Paladin Energy shares yesterday.

The broker raised its price target from $12.50 to $14.50.

This suggests a potential 22% upside ahead.

NextDC Ltd (ASX: NXT)

The NextDC share price is $14, up 3.1% today and up 2% over 12 months.

This ASX 200 tech share has increased 6% over the past month.

UBS renewed its buy rating on NextDC shares today with a $22.55 target.

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

Droneshield Ltd (ASX: DRO)

The Droneshield share price is $1.76, down 1.7% today and down 46% over 12 months.

Over the past month, this ASX 200 industrials share has fallen 2.5%.

Bell Potter renewed its buy rating on Droneshield shares this week.

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

This suggests a potential 35% upside ahead.

WiseTech Global Ltd (ASX: WTC)

The WiseTech share price is $41.89, up 6% today and down 58% over 12 months.

This ASX 200 tech share has risen 21% over the past month.

Morgans reiterated its buy rating on Wisetech shares this week.

The broker cut its target price from $67 to $62.50.

This implies a potential 49% upside ahead.

Qantas Airways Ltd (ASX: QAN)

The Qantas share price is $9.54, down 1.2% today and down 21% over 12 months. 

Over the past month, this ASX 200 airline share has fallen 8%.

Morgan Stanley retained its buy call on Qantas shares today.

The broker raised its target from $12.50 to $12.80.

This suggests a potential 33% upside ahead.

The post 9 ASX 200 shares with strengthened buy ratings this week appeared first on The Motley Fool Australia.

At the time of writing, the WiseTech share price is up 5.13% to $41.58, helped by a strong night for US tech stocks.

Shareholders will probably welcome the rebound after what has been a rough couple of days.

WiseTech shares fell from $45.47 on Tuesday to $39.55 on Thursday, wiping around 13% off the stock in just two sessions following the company's FY26 result.

It has been a pretty wild month overall. Even after that sell-off, the shares are still up around 30% over the past month. However, they remain down roughly 40% since the start of 2026.

So, with the share price bouncing again, could there be more upside ahead?

Here's what the brokers think.

Brokers are still mostly bullish

Despite the recent volatility, brokers remain pretty positive on WiseTech shares.

According to TipRanks, 9 analysts currently rate the stock as a buy, while 2 have hold ratings.

The average 12-month price target is $57.77. Based on the current share price, that suggests the shares could climb around 39% from here.

Nonetheless, there is still a wide range of views on where the share price could end up. The highest target is $70, while the lowest sits at $40.

While most brokers remain bullish, there's clearly some uncertainty over just how much upside WiseTech still has.

The latest broker calls

Several brokers have updated their views since Wednesday's result.

Morgan Stanley kept its buy rating and $70 price target. Bell Potter also remains bullish, although it lowered its target from $71.75 to $65.

Citi went the other way, lifting its price target from $55.05 to $58.75. UBS cut its target from $65 to $56 but kept its buy recommendation.

Macquarie also nudged its target higher to $48.20 and retained its buy rating.

Not every broker is convinced, though. Jefferies downgraded WiseTech to hold and set a $45 target, while JPMorgan has a hold rating and $40 target.

Morgans also made a change today, trimming its price target by 6.7% to $62.50.

Even after the cut, Morgans still sees around 50% upside from where WiseTech shares trade today.

What should investors watch?

There are still a few things investors will want to keep an eye on from here.

Management is guiding for FY27 revenue of $1.48 billion to $1.54 billion and underlying EBITDA of $725 million to $780 million.

The company is also looking for more savings from e2open and greater use of AI across the business.

At the same time, the market will want to see WiseTech deliver on that guidance, especially with regulatory concerns still hanging over the company.

The shares have bounced strongly from their June low of $28.76, but recent sessions show how quickly sentiment can change.

The post WiseTech shares are bouncing back. Is it time to buy? appeared first on The Motley Fool Australia.

If you are, then it could be worth hearing what analysts at Morgans are saying about the three listed below.

Is the broker bullish or bearish on them? Let's find out.

Domino's Pizza Enterprises Ltd (ASX: DMP)

This pizza chain operator delivered an underlying profit that was ahead of expectations in FY 2026.

However, Morgans believes the earnings beat was low quality and driven by lower net interest expense and depreciation and amortisation. 

As a result, the broker has retained its hold rating on Domino's shares with a $20.00 price target. It said:

Underlying NPAT of A$121.6m (+4.0% on the pcp) beat MorgansF A$117.8m and Visible Alpha A$119.4m and finished at the top end of pre-released guidance, but the beat was low quality, with EBIT up 1.0% to A$200.1m and carried by lower D&A (-15.7% on the pcp) and net interest expense. The balance sheet is strong, with net leverage down to 1.86x, free cash flow of A$164.1m and a 32.5cps final dividend (+51.2%) with a 50% payout ratio.

FY27 started soft with -5.8% same-store sales (SSS) for the first 8 weeks. We maintain HOLD and lift our price target to A$20.00 (from A$17.60); we view the reset as necessary, but the recovery is cost led and volume growth needs to return.

Flight Centre Travel Group Ltd (ASX: FLT)

Morgans was disappointed with this travel agent giant's FY 2026 results, highlighting that its profits were at the lower end of its guidance range and its guidance was underwhelming.

Nevertheless, due to its cheap valuation, the broker has retained its buy rating with a $14.25 price target. It commented:

FLT's FY26 result came in at the lower end of guidance which is disappointing given its 18 June trading update. Leisure was the key miss for us. Corporate had a strong year (+28% NPBT growth), while Leisure was weak (NPBT -22%) given the Middle East conflict. Outlook comments disappointed with Corporate expected to have a weak 1H27, followed by growth in the 2H27. Pleasingly, Leisure is off to a strong start. 

With one-off costs associated with Productive Operations and World360 Rewards now being placed above the line, we have made minor downgrades to our forecasts. While investors will need to be patient for another six months, FLT's fundamentals remain attractive (FY27F PE of 11.6x) and we retain a Buy rating with a new A$14.25 price target. When operating conditions ultimately improve, both its earnings and share price will be materially higher.

WiseTech Global Ltd (ASX: WTC)

This logistics technology company delivered a result that was largely in line with expectations in FY 2026.

In response, the broker has retained its buy rating on WiseTech shares with a price target of $62.50. 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 Buy, hold, sell: Domino's, Flight Centre, and WiseTech shares appeared first on The Motley Fool Australia.

The logistics software company's shares ended the session 10% lower at $40.89.

Is this a buying opportunity for investors? Let's see what Bell Potter is saying about the fallen star.

What is the broker saying?

Bell Potter notes that WiseTech delivered a result that was in line with its forecasts but slightly below consensus estimates. It said:

FY26 revenue and EBITDA of US$1,396m and US$558m were in line with our forecasts of US$1,394m and US$561m but slightly below VA consensus of US$1,406m and US$569m. NPAT of US$179m was 11% ahead of our forecast of US$160m and driven by a lower tax rate (19% vs BPe 25%). Cash flow was strong with underlying OCF up 46% and a conversion rate of 100%. The final dividend of US8.8c ff was ahead of our forecast of US8.0c and was driven by the beat in EPS.

Looking ahead, management's guidance for FY 2027 was better than it expected according to the broker. But once again, it was softer than consensus estimates. It adds:

WiseTech provided FY27 revenue guidance of US$1.48 – 1.54bn which was consistent with our forecast of US$1.53bn but slightly below VA consensus of US$1.55bn. The company shifted to providing EBITDA guidance on an underlying basis and gave a range of US$725 – 780m which was consistent with VA consensus of US$761m. This implied guidance for the underlying EBITDA margin of 49-51%.

In response, Bell Potter has made both upgrades and downgrades to its near-term estimates. The broker explains:

We have downgraded our FY27 and FY28 revenue forecasts by c.2% and now forecast FY27 revenue of US$1,507m which is around the middle of the guidance range. We have, however, upgraded our FY27 underlying EBITDA forecast by 3% but left our FY28 forecast close to unchanged. We now forecast FY27 underlying EBITDA of US$745m which is more towards the lower end of the guidance range. That is, we forecast a margin of 49.4% which is towards the low end of the range.

Should you buy WiseTech shares?

According to the note, Bell Potter has retained its buy rating on WiseTech shares with a trimmed price target of $65.00 (from $71.75).

Based on its current share price, this implies potential upside of almost 60% for investors over the next 12 months.

Commenting on its buy recommendation, Bell Potter said:

In our view the issue with the result was the guidance and, in particular, the expected 45%/55% H1/H2 split in CargoWise revenue this year which implies mid single digit growth in H1 and strong double digit growth in H2. While we reflect this skew in our forecasts, we adjust for the risk in our valuation by reducing the multiples we apply in the PE ratio and EV/EBITDA and also increasing the WACC we apply in the DCF. The net result is a 9% decrease in our TP to $65.00 and we retain the BUY.

The post Why cheap WiseTech shares could rise almost 60% appeared first on The Motley Fool Australia.

In my view, there is no litmus test of a company's financial health quite like a dividend. Companies that are in financial strife simply cannot afford to increase their payouts consistently over time. And that can be fudged by accounting tricks. Today, let's go over three ASX dividend shares that aren't in that boat, and have just revealed pay rises for their investors.

3 ASX 200 dividend shares that just boosted shareholder income

First up, we have Woolworths Group Ltd (ASX: WOW). Woolworths is a blue-chip ASX 200 dividend share that has always been given a look from the typical ASX income investor. The view this year was a good one. Woolworths announced this morning that its shareholders can look forward to a final dividend of 52 cents per share, fully franked.

This new dividend is worth a 15.56% increase over the final dividend of 45 cents per share that investors banked in 2025. Woolworths is currently (at the time of writing) trading on a trailing dividend yield of 2.23%.

Next, let's talk about gold miner Perseus Mining Ltd (ASX: PRU). Perseus' earnings were exceptionally well-received this morning. The company posted big rises in revenues, profits, and cash flow, thanks to the marked increase in gold prices over FY 2026. That filtered down into this ASX 200 dividend share's next payout.

Perseus revealed a final dividend of 9 cents per share for 2026, unfranked. That's a whopping 80% increase over the final dividend of 5 cents per share from 2025. At current pricing, Perseus Mining stock has a dividend yield of 1.04%.

Finally, we can't not mention WiseTech Global Ltd (ASX: WTC). WiseTech shares are in freefall today after the ASX 200 tech share reported its own earnings. You can read more about that here. Despite this, there were plenty of green numbers in the company's report. Those included a 79% rise in revenues and a 56% surge in underlying earnings.

That helped Wisetech declare a final, fully-franked dividend worth 88 US cents per share. That's up a healthy 14.29% from the 77 US cents per share investors bagged in 2025. Right now, the Wisetech share price has a dividend yield of 0.51%.

The post 3 ASX 200 dividend shares that just hiked their payouts appeared first on The Motley Fool Australia.

DroneShield Ltd (ASX: DRO) is down around 10% to $1.75, while WiseTech Global Ltd (ASX: WTC) has fallen around 6% to $42.88.

For me, both declines are creating an opportunity to look beyond today's market reaction and focus on what these businesses could become.

DroneShield shares

DroneShield remains a higher-risk investment, but I think the growth opportunity is becoming harder to ignore.

The counter-drone specialist generated record first-half revenue of $125.8 million, representing growth of 74% over the prior corresponding period. More importantly for me, recurring revenue increased 229% to $11.5 million.

Recurring revenue is still a relatively small part of the business, so I would not make too much of it yet. But it shows DroneShield is beginning to build revenue that can continue after the initial hardware sale.

I also like what the company is doing to prepare for much greater demand.

DroneShield completed its new Sydney production facility during the half and established operations in Europe, where more than half of first-half revenue was generated. It finished June with $180 million of cash and term deposits, giving it significant resources to keep investing in production, software, and new products.

The next generation of AI-enabled hardware and software is very interesting to me. Counter-drone technology needs to keep evolving as the threats themselves change, and DroneShield is investing heavily to stay near the front of that development.

At $1.75, I think the sell-off offers an attractive entry point for investors comfortable with considerable risk.

WiseTech shares

WiseTech is a much more established business, but I think today's result shows there is still plenty for long-term investors to look forward to.

CargoWise sits at the centre of the company's opportunity. It provides software that helps global logistics companies manage the movement of goods across borders, including freight forwarding, customs, warehousing, and other complex processes.

One development that caught my attention is that more than 95% of CargoWise customers have now moved onto WiseTech's new Value Packs commercial model. This is designed to move the company further towards charging for the value and transactions flowing through CargoWise rather than traditional seat-based pricing.

I think that could become increasingly valuable as WiseTech adds more automation and AI to the platform.

The e2open acquisition also gives the company a much larger presence across global trade and supply chains. WiseTech has already achieved substantial cost savings from integrating the business, while free cash flow increased 43% to US$410.7 million in FY26.

The outlook gives me another reason to remain positive.

Management expects underlying EBITDA to grow by 12% to 21% in FY27, with the underlying EBITDA margin rising to between 49% and 51%.

That suggests WiseTech could continue getting more profitable as it integrates e2open, rolls out new products, and uses AI to improve both its software and internal operations.

At around $42.88, I would be happy to use today's weakness to build a long-term position.

Foolish takeaway

In both cases, I can see businesses investing heavily today to pursue opportunities that could be substantially larger several years from now.

DroneShield carries considerably more risk and would warrant a smaller position in my portfolio. WiseTech has a more established business and stronger cash generation.

But after Wednesday's falls, I think both shares are worth buying with a long-term view.

The post Why I'd buy the dip on DroneShield and WiseTech shares appeared first on The Motley Fool Australia.

At the time of writing, the shares are down around 8.5% to $41.73 per share.

This means the shares are now down 39% for the year to date and are now 64% lower than trading levels seen this time last year.

Today's decline follows the company's FY26 results announcement, which it posted to the ASX ahead of the market open this morning.

It looks like the announcement spooked investors, with many rushing for the exit this morning.

What did WiseTech report this morning?

WiseTech reported that it has raised its annual earnings and flagged growth for FY27 in line with analysts' expectations.

The company reported a 46% increase in EBITDA to US$558.4 million for the 12 months through to the 30th of June. The result was in line with the company's $550 million to $585 million guidance range but short of market forecasts of $569.5 million.

But WiseTech's EBITDA beat the average analyst forecast of $599.9 million on an underlying basis. WiseTech reported a 56% jump in underlying EBITDA to $644.5 million at a 42% margin.

The company's total revenue increased by 79% compared to the prior year, and its underlying NPAT increased by 29% due to organic growth from its e2open acquisition.

WiseTech said its cost-saving programs also delivered around US$115 million in annualised savings, including efficiencies from adopting AI in operations.

The company also raised its final dividend to 88 US cents per share, up from 77 US cents per share.

Looking ahead, WiseTech is guiding total revenue growth between 6% and 10% (US$1.48 billion to US$1.54 billion) for FY27, and underlying EBITDA growth between 12% and 21%, with a margin uplift to 49% to 51%. 

Where to now for WiseTech shares?

At the time of writing, the outlook for WiseTech shares is unchanged, although I expect some market experts could revise their outlook in the coming days following today's results.

At the time of writing, brokers and analysts are still very bullish on where we'll see the share price travel from here.

Market Index shows that the majority of brokers (three out of four) are very bullish on the ASX tech stock and hold a strong buy rating. The average $54.71 target price implies a potential 27% upside over the next 12 months, at the time of writing.

TradingView data shows something similar. Of 12 analysts, 10 have a buy/strong buy rating, and the other two rate the shares as a hold.

The $60.63 average target price implies a potential 46% upside over the next 12 months, at the time of writing.

The post Why are WiseTech shares crashing 8.5% today? appeared first on The Motley Fool Australia.

What did WiseTech Global report?

• Total revenue up 79% to US$1,395.9 million, within guidance
• Guidance EBITDA of US$585.8 million, up 54%; Reported EBITDA of US$558.4 million, up 46%
• Underlying EBITDA of US$644.5 million, up 56%; margin at 46%
• Underlying NPAT rose 29% to US$313.5 million; Statutory NPAT down 11% to US$178.7 million
• Final fully franked dividend increased 14% to 8.8 US cents per share
• Free cash flow up 43% to US$410.7 million; Underlying free cash flow up 67% to US$489.6 million

What else do investors need to know?

The e2open acquisition was a major contributor to WiseTech's growth story this year, bringing in US$541.2 million revenue. Cost-saving programs delivered around US$115 million in annualised savings, including efficiencies from adopting AI in operations. Notably, more than 95% of CargoWise customers have transitioned to the new Value Packs commercial model, helping boost new signings—especially among SME customers.

WiseTech made strategic moves, such as acquiring FRDM.ai to expand its compliance offering (VerifyWise), and launched innovation-driven initiatives. The board also revised its structure to strengthen governance, welcoming a new permanent CEO and shifting to an independent Chair model.

What did WiseTech Global management say?

WiseTech Global's CEO, Zubin Appoo, commented:

This was a transformational year for WiseTech. We acquired e2open to expand our offerings into adjacent markets, launched our new commercial model with more than 95% of CargoWise customers now on CargoWise Value Packs, and adopted AI across our own operations. We secured government agreements, delivering customs solutions for both the New Zealand Customs Service and the New Zealand trade community.

We added to our VerifyWise solution, acquiring FRDM.ai to accelerate supply chain compliance for exporters, importers and banks, and we continue to build out our CargoWise AI Workflow Engine and AI Management Engine to reduce the cost of global trade and logistics for our customers.

What's next for WiseTech Global?

Looking to FY27, WiseTech is forecasting total revenue growth of 6% to 10% (US$1.48 billion to US$1.54 billion) and underlying EBITDA growth between 12% and 21%, with a margin uplift to 49%–51%. Management's attention remains on integrating e2open, further rolling out the new commercial model, accelerating AI-driven product development, and driving margin expansion and debt reduction.

Priorities for FY27 include migrating the remaining legacy customers to Value Packs, launching new AI solutions, delivering additional regulatory solutions, and maintaining investment in R&D. The company remains committed to operating discipline and revenue quality improvement, supported by innovation and product enhancement.

WiseTech Global share price snapshot

The WiseTech Global share price has been among the worst performers on the S&P/ASX 200 index (ASX: XJO) over the last 12 months with a decline of over 60%.

View Original Announcement

The post WiseTech Global share price: FY26 earnings soar 79% on e2open acquisition appeared first on The Motley Fool Australia.

Will the market be able to build on this on Wednesday? Here are five things to watch:

ASX 200 to rise

The Australian share market looks set for a good session on Wednesday following a positive night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 31 points or 0.35% higher. In the United States, the Dow Jones rose 0.3%, the S&P 500 climbed 0.3%, and the Nasdaq charged 0.65% higher.

Oil prices sink

ASX 200 energy shares including Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a tough session on Wednesday after oil prices sank overnight. According to Bloomberg, the WTI crude oil price is down 5% to US$80.81 a barrel and the Brent crude oil price is down 6% to US$86.63 a barrel. This was driven by easing US-Iran war fears.

Buy EOS shares

In response to its results on Tuesday, Bell Potter has retained its buy rating and $12.60 price target on Electro Optic Systems Holdings Ltd (ASX: EOS) shares. It said: "EBITDA was $21.6m (4% beat vs. BPe) driven by higher-than-expected gross margins offset partially by higher opex which reflected a 42% YoY expansion in headcount as EOS scales geographic presence for further order book growth plus MARSS sign on bonuses.. […] Retain Buy. EOS is positioned as a C-UAS market leader leveraged to increasing budget allocations to C-UAS tech. The next 3-12 months is catalyst rich for EOS."

Gold price rises

ASX 200 gold shares Westgold Resources Ltd (ASX: WGX) and Northern Star Resources Ltd (ASX: NST) could have a good session on Wednesday after the gold price rose again. According to CNBC, the gold futures price is up 0.45% to US$4,719 an ounce. Traders bid the gold price close to a three-month high on US dollar weakness.

More ASX 200 results

Another group of ASX 200 shares will be releasing their results on Wednesday and will be on watch. This includes counter-drone technology company DroneShield (ASX: DRO), pizza chain operator Domino's Pizza Enterprises Ltd (ASX: DMP), supermarket giant Woolworths Group Ltd (ASX: WOW), investment platform provider Netwealth Group Ltd (ASX: NWL), and logistics technology company WiseTech Global Ltd (ASX: WTC).

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

At the time of writing, the WiseTech share price is up 3.17% to $44.87.

Today's rise continues what has been a strong turnaround over the past month, with the logistics software stock climbing around 50% over that period.

There is still a long way to go, though. WiseTech shares remain down around 35% since the start of 2026 and are trading more than 60% below their 52-week high of $115.75.

And investors have another development to digest today after the company announced a new appointment to its board.

Let's dive right in!

WiseTech adds another independent director

WiseTech announced this morning that Tim Ebbeck will join the board as an independent non-executive director from 1 September.

He will also become chair of the Audit & Risk Committee and join the People & Remuneration Committee and Nomination Committee.

Ebbeck has spent much of his career in senior technology and finance roles. He has previously led Oracle Australia and New Zealand and SAP Australia and New Zealand, while also holding senior positions at NBN Co and ANZ Group Holdings Ltd (ASX: ANZ).

WiseTech chair Raelene Murphy said his experience across technology, financial management, and governance would further strengthen the board.

The appointment forms part of an ongoing board renewal program. Once Ebbeck joins, WiseTech will have 5 independent non-executive directors and 2 executive directors.

However, there is another part of today's announcement that caught my attention.

An interesting AustralianSuper connection

As reported in The Australian, Ebbeck currently serves as a nominee non-executive director and senior adviser to AustralianSuper.

That connection stands out because AustralianSuper was previously one of WiseTech's major shareholders before selling its entire $580 million stake in March 2025.

The super fund said at the time that it could not get "sufficient comfort" around WiseTech's governance following several months of board and management upheaval.

AustralianSuper also wanted to see a sensible transition plan around founder Richard White's role and said it could reconsider its position if circumstances changed.

There's nothing in today's announcement to suggest AustralianSuper is looking to buy back into WiseTech. Still, appointing one of its senior advisers to the board is noteworthy given the fund's previous concerns.

WiseTech shares continue to recover

Today's gain continues the recent recovery, although the past week has been far from quiet.

WiseTech shares fell 8.7% to $39.58 last Wednesday after the ACCC executed a search warrant at the company's headquarters.

The warrant forms part of an investigation into alleged breaches of competition law relating to the supply of global logistics services and software. WiseTech said it intends to fully cooperate with the investigation, which remains ongoing.

Despite that setback, the shares have quickly recovered and are now trading above where they were before the announcement.

The rebound has been impressive, but investors still have plenty to weigh up.

Much of the attention now turns to WiseTech's financial results, which are due to be released tomorrow.

The post Why WiseTech shares are pushing higher again on Tuesday appeared first on The Motley Fool Australia.

At the time of writing, the WiseTech share price is up 3.12% to $43.65.

The rally has gathered plenty of pace over the past month, with the logistics software stock now up almost 40% during that period.

It is also around 52% above its 23 June low of $28.76. That's a very different picture from late June, when the shares were trading at their lowest level in 5 years.

However, shareholders are still sitting on a sizeable loss in 2026, with WiseTech shares down 36% since the beginning of the year.

So, has the share price finally left its lows behind?

A big rebound from June

WiseTech shares have spent much of the past year heading in the wrong direction.

The stock has fallen from a 52-week high of $115.75 and remains more than 60% below where it was this time last year.

A mix of governance concerns, regulatory issues, and weaker investor sentiment towards tech stocks has weighed heavily on the shares.

But the mood has changed since late June.

There have been some positive developments as well. Major customer DSV remains committed under its existing contract until September 2028. Bell Potter has also pointed to the appointment of an independent chair as a positive step towards addressing governance concerns.

WiseTech has continued to invest in its business as well, including the acquisition of US-based FRDM.ai in July.

All eyes on Wednesday's result

The next major test comes on 26 August, when WiseTech is due to release its FY26 results.

Management has reaffirmed revenue guidance of US$1.39 billion to US$1.44 billion, representing growth of 79% to 85%.

EBITDA is expected to come in between US$550 million and US$585 million, up 44% to 53% from FY25.

The company has also reached its US$50 million annualised cost synergy target from the e2open acquisition ahead of schedule.

With the share price already rebounding strongly, investors will likely want to see WiseTech deliver within those ranges and provide a solid outlook for FY27.

Is the bottom behind WiseTech shares?

The recovery from $28.76 is definitely encouraging, but one month of strong gains doesn't erase the risks that pushed the stock lower.

WiseTech still faces regulatory and governance questions, while the shares remain well below their previous highs.

At the same time, the underlying business continues to grow quickly.

Wednesday's result could give investors a better idea of whether this rebound can keep going.

The post Up 52% from its low! Has the WiseTech share price finally bottomed out? appeared first on The Motley Fool Australia.

The ASX 200 has been dragged higher by miners, banks and healthcare, while technology has largely been left behind.

However, things may change going forward.

Here are three names worth watching into the back half of reporting season.

Why brokers are warming to ASX growth shares again

Two things have shifted this year.

Earnings downgrades across the technology sector appear to have bottomed, and several companies have reset their guidance to levels they can realistically beat.

Valuations have also come a long way down from their 2024 peaks.

When a quality business trades at half its old multiple, the risk and reward equation starts to look very different.

WiseTech Global: the comeback candidate

WiseTech Global Ltd (ASX: WTC) has been the most heavily punished technology stock on the ASX.

The shares fell roughly 80% from their November 2024 peak of $141.61 to a low of $28.76 in late June.

They have since rebounded into the mid-$40s.

Macquarie has upgraded the logistics software group to an outperform rating ahead of results, which land on 26 August.

Management has guided to revenue of US$1.39 billion to US$1.44 billion and EBITDA of US$550 million to US$585 million.

The company also hit its US$50 million annualised cost synergy target from the e2open acquisition ahead of schedule.

Delivering inside those ranges would go a long way towards rebuilding credibility with the market.

Megaport: recurring revenue is compounding

Megaport Ltd (ASX: MP1) has had a quieter but more consistent run.

Group annual recurring revenue reached $338 million in the first half of FY26, a 49% increase.

Revenue rose 26% to $134.9 million and EBITDA came in at $35.3 million.

The company added 167 net new customer logos, double the prior corresponding period.

Chief executive Michael Reid highlighted where that growth is coming from.

Our global business continues to scale, with the United States delivering exceptional momentum, pushing the Americas to 24% YoY ARR growth.

Megaport upgraded its outlook after securing $254 million in new contracts and now guides to FY26 revenue of $302 million to $317 million.

The shares recently pushed through the $5 billion market capitalisation mark.

DroneShield: a backlog the market is ignoring

DroneShield Ltd (ASX: DRO) is the most speculative of the three.

First-half revenue jumped 74% to $125.8 million, whilst the counter-drone specialist has also locked in contracts that lifted its backlog to $206 million by late July.

Full-year guidance sits at $250 million to $270 million. Yet the share price has fallen roughly 13% over the past month.

Heavy short interest explains part of that disconnect.

The other part is that defence spending is lumpy, and a signed backlog is not the same thing as revenue recognised.

DroneShield reports on 26 August, and its margins in particular will be in focus.

What could derail these ASX growth shares

Each of these businesses is priced for flawless execution.

WiseTech needs to show its artificial intelligence restructuring has not disrupted customers.

Megaport is spending heavily, with FY26 capital expenditure guided at $90 million to $100 million.

DroneShield has to convert its pipeline while protecting its margins.

Any stumble over the coming fortnight is likely to be punished hard.

Foolish takeaway

Reporting season will settle a lot of arguments over the next two weeks.

Brokers see upside in all three of these ASX growth shares, though none of them is a low-risk proposition.

Personally, I would want to see the numbers before adding to any of them.

For investors with a high tolerance for volatility, these ASX growth shares still deserve a place on the watchlist.

The post 3 ASX growth shares brokers say could beat the market appeared first on The Motley Fool Australia.

At the time of writing, the ASX tech shares are down around 10% for the day at $38.90 a piece.

The latest decline means the shares are now down 43% for the year-to-date and 66% lower than 12 months ago.

What happened to WiseTech shares today?

Investors rushed to sell up their shares after the Australian Competition and Consumer Commission (ACCC) executed a search warrant on the company. The move is part of an investigation into potential breaches of competition law.

In a statement to the ASX, WiseTech said that an "ACCC search warrant was executed on the Company requiring the production of documents and electronic data in relation to the supply of global logistics services and software".

The company added that it intends to "fully cooperate with the investigation".

WiseTech said the action forms part of an ACCC investigation into alleged contraventions of the Competition and Consumer Act 2010. It didn't offer any further details about the allegations or which sections of the business the ACCC is investigating.

WiseTech shares have been smashed this year

Today's decline is just one of many steep sell-offs that the company has suffered from this year. The declines have mostly been driven by a tech sector-wide sell-off and an investor rotation to more stable assets amid global volatility earlier this year. 

WiseTech shares also experienced a steep and sustained share price crash through to a five-year low of just $28.76 in late June. The dip followed media reports that the Australian Federal Police was investigating founder Richard White over alleged trafficking matters. The matters relate to a former cleaner at WiseTech.

The company responded at the time that the alleged investigation concerns Richard White in a personal capacity. It added that there is no suggestion in this media commentary of an investigation into WiseTech. But it didn't stop investors rushing for the exit.

ASIC and the AFP also searched WiseTech Global's headquarters in late October 2025. The search concerned alleged trading in WiseTech shares by founder Richard White and three employees. At the time, WiseTech said no charges had been laid and that there were no allegations against the company itself. 

There is no indication that any of these events are related to today's search warrant. 

Should investors buy in the dip or stay clear of WiseTech shares?

At the time of writing, the outlook for WiseTech shares is unchanged. Brokers and analysts are still very bullish on where we'll see the share price travel from here.

Market Index shows that the majority of brokers (three out of four) are very bullish on the ASX tech stock and hold a strong buy rating. The average $54.71 target price implies a potential 39% upside over the next 12 months, at the time of writing.

The post Why did WiseTech shares just crash 10%? appeared first on The Motley Fool Australia.

At the time of writing, the shares are up around 1.5% and changing hands for $43.92 a piece.

The latest increase means the ASX tech shares have now rebounded around 52% from a five-year low of just $28.76 a piece, recorded in late-June. 

But there is still a long way to go until WiseTech shares have regained the huge losses shed over the past 12 months. For the year to date, the tech shares are still down around 36%, and they're roughly 62% lower than this time last year.

But, while it's important to consider how the company's shares have performed over the past 12 months, investors should also keep an eye on what lies ahead.

So, if I buy $8,000 of WiseTech shares today, what could that be worth in 12 months time?

The experts are incredibly bullish about the outlook for WiseTech shares over the next 12 months, with the majority forecasting a strong upside ahead.

Market Index data shows the majority of brokers have a strong buy rating on the shares. The $54.71 average target price implies a potential 27% upside, at the time of writing.

Analysts are even more bullish on TradingView. The data shows that the majority have a strong buy rating on WiseTech shares, but they have a higher average target price of $60.61. That implies the shares could increase another 38%, at the time of writing.

But some are even more optimistic. The $114.11 maximum target price implies a potential 160% upside over the next 12 months.

Assuming the average target price comes to fruition, that means your $8,000 investment today could be worth around $10,160 to $11,040 by August 2027.

But if the more bullish expert forecasts are correct, an $8,000 investment today does have the potential to climb as high as $20,800 over the next 12 months.

What's ahead for the ASX tech shares?

WiseTech is due to announce its FY26 results on the 26th of August.

The company reaffirmed its FY26 guidance earlier this year, expecting full-year revenue of US$1.39 billion to US$1.44 billion (representing a 79% to 85% increase) and EBITDA in the range of US$550 million to US$585 million, up 44% to 53% from FY25.

WiseTech has a strong competitive advantage in the global logistics industry. I think the company's future hinges primarily on its FY26 results. If the company manages to reach or exceed its upgraded guidance, I think we'll see a turnaround in investor sentiment.

The post By August 2027, $8,000 invested in WiseTech shares could turn into… appeared first on The Motley Fool Australia.

Now, investors are looking towards 26 August, when WiseTech is due to deliver its FY26 results. The numbers could determine whether this rally has genuine legs.

Is WiseTech's comeback gathering momentum?

The recovery in WiseTech shares since late July has been eye-catching. But the collapse has been brutal, and investors still have plenty of reasons to remain cautious.

The interesting thing is that the underlying business hasn't simply fallen apart.

WiseTech's flagship CargoWise platform remains a major logistics software solution, used by the world's top 25 freight forwarders, including Toll and DHL. The platform helps freight forwarders, customs brokers and supply-chain operators navigate increasingly complex global trade.

That leaves WiseTech exposed to powerful long-term trends, particularly the continued digitalisation of global trade and growing demand for sophisticated logistics technology.

Crucially, the sell-off hasn't primarily reflected collapsing demand for CargoWise. Investor confidence, governance concerns and regulatory issues have played a major role.

That makes next week's results particularly important.

What could WiseTech report?

Management has reaffirmed FY26 guidance for revenue of US$1.39 billion to US$1.44 billion, representing growth of 79% to 85%.

EBITDA is expected to reach US$550 million to US$585 million, which would represent growth of 44% to 53% over FY25.

If WiseTech delivers on those numbers — and provides an encouraging FY27 outlook — investors in WiseTech shares may become more willing to look past the governance drama and refocus on the company's underlying growth opportunity.

What do brokers think?

The broker community appears relatively bullish on WiseTech shares.

According to TradingView data, 11 of 14 analysts have a buy or strong-buy rating. The average price target of $60.61 implies potential upside of roughly 40% from Tuesday's close.

The most bullish target is a remarkable $114.11, suggesting potential upside of approximately 163%.

Bell Potter has a buy rating and $71.75 price target. Its analysts believe some of the headwinds weighing on WiseTech could begin to fade, particularly following the appointment of Raelene Murphy as chair.

Macquarie is also bullish, with a buy rating and $47.10 price target. The broker has suggested WiseTech could "surprise to the upside" with FY27 guidance, although tariffs and regulatory issues remain risks.

Could WiseTech shares really rebound?

The bull case for WiseTech shares is certainly becoming harder to ignore. A strong FY26 result, combined with upbeat FY27 guidance, could give investors the catalyst they've been waiting for to reassess WiseTech's battered valuation.

But this isn't a risk-free recovery story. Governance, regulatory and execution risks remain, while the company must prove that it can translate its powerful long-term growth opportunity into sustainable earnings growth.

The post WiseTech shares are up 25%. Could this be the start of a huge comeback? appeared first on The Motley Fool Australia.

Investors typically target more mature companies with a proven track record, so the risk is lower (and less speculative) than growth investing.

Right now there are three ASX 200 shares that stand out as clear value opportunities after falling 50% or more in the last year. 

Let's see what experts are saying about their rebound potential. 

Ebos Group Ltd (ASX: EBO)

Ebos Group is the largest pharmaceutical wholesaler and distributor across Australia, New Zealand, and Southeast Asia. 

The company provides pharmaceutical and wellness products to community pharmacies, public and private hospitals, day surgeries, general practices, aged care facilities, and specialist clinics.

Like much of the healthcare sector, it has been hit hard in the last 12 months. 

In that span, this ASX 200 stock has fallen 51%. 

However, it could be a true value opportunity right now. 

It closed trading yesterday at $17.88 each. 

The team at Macquarie is optimistic it can recover. 

Experts seem to agree that it is now a value play, with the current average 12-month price target of 9 analysts sitting at $23.33. 

This indicates an upside potential of 30%

The company is also paying a dividend yield of 5.9% this year, with that figure expected to increase to 6.9% in 2028.

Cochlear Ltd (ASX: COH)

Another ASX 200 stock that now sits firmly in the value range is Cochlear. 

The cochlear implant device manufacturer has seen its share price tumble almost 56% in the last 12 months. 

Despite disappointing guidance earlier this year, Cochlear still holds roughly half the global cochlear implant market.

That competitive moat is still valuable and with the company trading at historic lows, it could be a clear value opportunity. 

All eyes will be on full year earning results today as the healthcare company will hope to spark a rebound. 

WiseTech Global Ltd (ASX: WTC)

WiseTech is a provider of logistics software that aims to improve the world's supply chains. The company's software solutions, including its flagship CargoWise One solution, are now used by the top 25 global freight forwarders, including Toll and DHL.

It has begun to rally in the last few weeks, however remains down over 60% in the last 12 months. 

According to CMC Invest, there have been nine ratings on the business in the last three months. 

The average price target of those experts sits at $59.04. 

This indicates an upside potential of almost 40%. 

The post Down 50% – Are these the best value ASX 200 shares right now? appeared first on The Motley Fool Australia.

After opening sharply lower this morning, the ASX 200 stayed in red territory all day and ended up closing with a substantial 0.8% loss. That leaves the index at 9,115.2 points as we head into the weekend.

Today's rough end to the trading week for local investors follows a notably more positive night up on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) overcame a mid-session dip to finish up a lucky 0.13%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) did better, enjoying a 0.81% rise.

But let's get back to the local boards now and check out how today's selling filtered down into the various ASX sectors this Friday.

Winners and losers

There were still a few sectors that managed to come out ahead this session.

But first, it was mining stocks that were the hardest-hit corner of the market today. The S&P/ASX 200 Materials Index (ASX: XMJ) was slammed, tanking 2.58%.

Gold shares weren't much better, with the All Ordinaries Gold Index (ASX: XGD) plunging 2.38%.

Industrial stocks didn't get a reprieve either. The S&P/ASX 200 Industrials Index (ASX: XNJ) cratered 1.38% this session.

Real estate investment trusts (REITs) weren't popular, as you can tell by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 0.78% dive.

Nor were healthcare shares. The S&P/ASX 200 Healthcare Index (ASX: XHJ) had tumbled 0.68% by the end of trading.

Energy stocks did better, but the S&P/ASX 200 Energy Index (ASX: XEJ) was still walked back by 0.31%.

Financial shares were in that ballpark, too. The S&P/ASX 200 Financials Index (ASX: XFJ) slid 0.12% lower this Friday.

But that's it for the red sectors, so let's get to the good stuff.

Leading the winners today were tech stocks, evidenced by the S&P/ASX 200 Information Technology Index (ASX: XIJ)'s 2.83% surge.

Utilities shares also ran hot. The S&P/ASX 200 Utilities Index (ASX: XUJ) enjoyed a 1.03% jump today.

Communications stocks were in demand as well, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) lifting 0.47%.

As were consumer discretionary shares. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) advanced 0.28% over today's trading.

Finally, consumer staples stocks escaped unscathed, illustrated by the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 0.14% improvement.

Top 10 ASX 200 shares countdown

This Friday's index winner was classifieds stock Seek Ltd (ASX:SEK). Seek shares roared 9.13% higher this session to close the week at $15.18 each.

This came despite no fresh news. Perhaps it was a reobund after the big drops we saw earlier in the week, or perhaps a reaction to a buy rating from a broker.

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.

WiseTech shares surged 4.8% to $43.06 on Friday morning, extending their monthly gain to a remarkable 23%. The rally helped push the S&P/ASX 200 Information Technology Index (ASX: XTX) 1.4% higher, making it the best-performing sector of the S&P/ASX 200 Index (ASX: XJO) at the time of writing.

But don't get carried away just yet. WiseTech shares remain 37% lower year to date and down 63% over the past 12 months.

So, could this rally be the beginning of something much bigger?

Is WiseTech's comeback for real?

The collapse in WiseTech shares has been painful, but its underlying business remains remarkably strong.

Its flagship CargoWise platform remains a leading logistics software solution, helping freight forwarders, customs brokers, and supply chain operators manage increasingly complex global trade.

The company is also exposed to powerful long-term trends, including the digitalisation of global trade and growing demand for sophisticated logistics technology.

Crucially, WiseTech's problems haven't primarily been about collapsing demand for its products. Instead, investor confidence and governance concerns have been major drivers of the sell-off.

That could make the upcoming 26 August FY26 results particularly important.

Management has reaffirmed guidance for revenue of US$1.39 billion to US$1.44 billion, representing growth of 79% to 85%. EBITDA is forecast at US$550 million to US$585 million, up 44% to 53% from FY25.

If WiseTech delivers, investors may finally start looking beyond the governance drama and back towards its growth story.

What do brokers think?

The broker community appears relatively bullish.

TradingView data shows 11 of 14 analysts have a buy or strong buy rating on WiseTech shares. The average price target of $60.61 implies potential upside of around 41% over the next 12 months.

The most bullish target is an eye-catching $114.11, implying potential upside of approximately 165%.

Bell Potter has a buy rating and $71.75 price target. Its analysts believe several headwinds weighing on WiseTech could begin to dissipate, particularly following the appointment of Raelene Murphy as chair.

Meanwhile, Macquarie has a buy rating and $47.10 price target. The broker recently suggested WiseTech could "surprise to the upside" with its FY27 guidance, although it remains cautious about persistent tariffs and regulatory issues.

Could WiseTech shares really rebound?

The bull case is certainly becoming harder to ignore. A strong FY26 result and upbeat FY27 outlook could provide the catalyst investors need to reconsider WiseTech's battered valuation.

But with the shares still facing significant governance, regulatory, and execution risks, this is hardly a risk-free comeback story.

For WiseTech investors, 26 August could be the day the comeback either gathers serious momentum — or runs out of steam.

The post WiseTech shares are taking off: Is this the start of a major comeback? appeared first on The Motley Fool Australia.

IDP Education Ltd (ASX: IEL) 

IDP Education has been among the worst-performing shares in the All Ordinaries Index (ASX: XAO) over the past 12 months. 

The company's shares crashed in late 2025. Its dismal performance led to the stock being removed from the S&P/ASX 200 Index (ASX: XJO) amid a reshuffle in September last year. 

There was a brief recovery, and IDP shares started strong in early 2026. But after hitting a year-to-date high in late January, they've now tumbled 66% to the time of writing. They're currently sitting around 50% lower than this time last year. IPD shares are now changing hands for just $2.16 a piece. To me, this ASX share looks oversold and super cheap.

While there hasn't been much good news out of the international education services business over the past year, it looks like the company could stage a turnaround in the latter half of 2026.

Some analysts think visa caps and declines in student volume may have bottomed out, particularly in key markets like Canada and Australia. This suggests student placement volume could start rebounding, and it could lift revenue and the company's share price. 

Brokers are very bullish about the outlook for the ASX education shares over the next 12 months. Market Index data shows that the majority have a buy rating on the stock. The $4 average target price implies the shares have the potential to jump 85% higher, at the time of writing.

WiseTech Global Ltd (ASX: WTC)

WiseTech shares have suffered a rather public crash over the past 12 months. At the time of writing, the shares are trading at $40.43, down around 41% year-to-date and 65% lower than 12 months ago. It hasn't been a sharp drop, but rather a long and sustained decline.

The ASX shares have also suffered amid a widespread, sector-wide tech sell-off over the past 12 months, an investor rotation to more stable assets amid global volatility, and governance concerns. Investor sentiment is still struggling to recover.

There is a lot of anticipation ahead of WiseTech's FY26 results, which the company is due to announce on the 26th of August. I think if the company meets its upgraded guidance figures, investors may move their attention away from governance concerns and back to the company's growth potential. 

Market Index data shows that the majority of brokers have a strong buy rating on the ASX shares. The $68.12 average target price implies around a 69% upside, at the time of writing.

The post These 2 oversold ASX shares look super cheap right now appeared first on The Motley Fool Australia.