Three broker buy ratings that you might want to know more about are summarised below. Here's why brokers think these ASX shares are in the buy zone:

ANZ Group Holdings Ltd (ASX: ANZ)

According to a note out of Citi, its analysts have retained their buy rating on this banking giant's shares with a reduced price target of $39.25. The broker has been looking closer at potential impacts from proposed housing tax changes. Citi suspects that the changes could be a negative for the big four banks by slowing credit growth. As a result, it has adjusted its estimates to reflect this. The good news is that Citi believes mortgage growth will moderate more than business lending growth, which leaves ANZ, with its strong business franchise, better positioned to handle the slowdown. In light of this, the broker has named ANZ as its preferred major bank at present. The ANZ share price ended the week at $34.17.

CSL Ltd (ASX: CSL)

A note out of UBS reveals that its analysts have retained their buy rating on this biotechnology giant's shares with a trimmed price target of $158.00. UBS is feeling more positive on the company's outlook, believing that this year could mark the low point for CSL's earnings. It highlights that cost savings from the company's transformation program and lower plasma costs following a shift in collections could support its earnings growth in FY 2027. So, with the CSL share price trading at a discount to peer multiples, UBS thinks now could be a good time for investors to buy shares. The CSL share price was fetching $107.51 at Friday's close.

WiseTech Global Ltd (ASX: WTC)

Analysts at Bell Potter have retained their buy rating on this logistics software company's shares with a trimmed price target of $71.75. According to the note, the broker believes that WiseTech could be having a bit of difficulty moving some of its large customers over to the new CargoWise Value Packs this financial year. In light of this, Bell Potter has reduced its CargoWise revenue forecasts in the short to medium term. However, the broker remains positive and highlights that its price target is a significant premium to the current share price. It also believes the lack of progress with CargoWise Value Packs is already reflected in the share price as well as the risk of a revenue result at the low end of guidance. The WiseTech Global share price ended the week at $37.50.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

Three broker buy ratings that you might want to know more about are summarised below. Here's why brokers think these ASX shares are in the buy zone right now:

Goodman Group (ASX: GMG)

According to a note out of Citi, its analysts have retained their buy rating and $40.00 price target on this industrial property company's shares. The broker has been looking at Goodman's data centre developments and believes things are going well. It highlights that hyperscale customers are in negotiations in key markets, which could mean that lease agreements are signed in the near future. Citi believes this could lead to the company's earnings growing ahead of consensus estimates. The Goodman share price is trading at $31.66 on Friday afternoon.

Nick Scali Limited (ASX: NCK)

A note out of Morgans reveals that its analysts have initiated coverage on this furniture retailer's shares with a $17.84 price target. The broker believes investors should look past near-term consumer weakness and focus on its positive long-term growth outlook. It highlights the company's best-in-class margins, operating leverage, strong cash generation, and robust balance sheet, which leave ample cash flow for dividends, property purchases, and growth ventures. In addition, looking to the future, the broker believes that further Plush and Nick Scali rollouts in the ANZ region and the Nick Scali rollout opportunity in the UK provide an attractive growth leg. The Nick Scali share price is fetching $15.47 at the time of writing.

WiseTech Global Ltd (ASX: WTC)

Analysts at Bell Potter have retained their buy rating on this logistics software company's shares with a trimmed price target of $71.75. According to the note, the broker believes that WiseTech could be having difficulty moving its large customers over to CargoWise Value Packs this financial year. As a result, it has reduced its CargoWise revenue forecasts in the short to medium term given it expects this transition to provide a boost to revenue with the shift to transaction-based pricing. Nevertheless, Bell Potter remains positive and highlights that its valuation is a significant premium to the share price. It also believes the lack of progress with CargoWise Value Packs is already reflected in the share price as well as the risk of a revenue result at the low end of guidance. The WiseTech Global share price is trading at $37.56 today.

The post Brokers name 3 ASX shares to buy right now appeared first on The Motley Fool Australia.

That's because analysts have recently named them as buys and tipped them to rise 30% or more. Here's what they are recommending:

Breville Group Ltd (ASX: BRG)

The first ASX growth share to look at is Breville.

It has spent years building a premium global appliances business. Its products enjoy strong positions in categories such as coffee machines, food preparation, cooking, and kitchen appliances.

The company has a large opportunity with its international expansion, particularly in markets where premium home cooking and coffee products still have plenty of room to grow.

But that does not make it immune from consumer weakness. Shoppers can delay bigger discretionary purchases when household budgets are tight. But Breville's brand strength and offshore growth runway mean it could still have plenty of long-term potential.

Last week, the team at Citi put a buy rating and $39.85 price target on Breville shares. This implies potential upside of approximately 33%.

Life360 Inc (ASX: 360)

Another ASX growth share that brokers are bullish on is Life360.

This location technology and family safety company has been growing its revenue and earnings at a rapid rate for many years.

This has been driven by strong growth in monthly active users (MAUs), which currently sits just short of 100 million. But Life360 isn't settling for that. Management is guiding to 17% to 20% growth in MAUs in 2026.

This bodes well for the future as it gives it a larger pool to convert into paid subscriptions and to monetise with its advertising business.

Life360 still needs to execute carefully. A business handling location data must maintain trust, and investors will keep watching margins and customer growth closely.

But its combination of global scale, subscription revenue, and a clear consumer use case makes it one of the more exciting growth stories on the ASX.

Bell Potter recently put a buy rating and $33.00 price target on Life360 shares. This suggests potential upside of approximately 55%.

WiseTech Global Ltd (ASX: WTC)

A third ASX growth share to consider buying is WiseTech.

It provides software for the global logistics industry with its leading CargoWise platform, which helps freight forwarders and logistics companies manage complex international shipments, compliance, documentation, customs, and supply chain workflows.

This is not a glamorous market, but it is an enormous one. Global trade is complicated, and logistics companies need software that can handle scale, regulation, and cross-border movement efficiently.

WiseTech's advantage is that it is solving deeply technical problems for customers that rely on its systems to operate. That can make the platform sticky once embedded.

Bell Potter put a buy rating and $71.75 price target on WiseTech shares this week. This implies potential upside of approximately 94%.

The post 3 buy-rated ASX growth shares tipped to rise 30%+ appeared first on The Motley Fool Australia.

The formation? A classic 4-3-3.

That means a dependable goalkeeper, a strong back four, a balanced midfield, and a front three with enough pace and quality to trouble any defence.

Here is the ASX team I would send onto the pitch.

Goalkeeper: Transurban Group (ASX: TCL)

Every good team needs a reliable presence in goal, and Transurban fits the role nicely.

Its toll road assets are defensive, essential, and difficult to replicate. It may not produce the flashiest moments, but it can provide the dependable base investors often want from infrastructure shares.

Right back: Car Group Ltd (ASX: CAR)

CAR Group gets the nod at right back. It has enough defensive strength through its powerful marketplace position, but also the ability to get forward through its international growth opportunities.

Buyers go where the listings are, and sellers want to be where the buyers are. That network effect makes it a hard player to beat.

Centre back: Woolworths Group Ltd (ASX: WOW)

Woolworths is an obvious central defender.

It is strong, established, and focused on doing the basics well. Australians need groceries regardless of the economic backdrop, which gives Woolworths a defensive quality many companies cannot match.

Centre back: CSL Ltd (ASX: CSL)

Alongside it is CSL.

The healthcare giant has had a difficult spell recently, but this is still a high-quality, battle-tested business with global scale.

It brings experience, strength, and long-term pedigree to the back line.

Left back: Goodman Group (ASX: GMG)

Goodman takes the left-back role.

It has defensive qualities through its global property platform, but also attacking pace through its exposure to logistics, data centres, and digital infrastructure.

That combination makes it one of the more versatile names in the side.

Midfield: Telstra Group Ltd (ASX: TLS)

Telstra is the veteran holding midfielder and captain.

It may not be the most exciting name on the team sheet, but it brings experience, reliability, and a steady dividend profile.

Every attacking side still needs someone willing to do the unglamorous work.

Midfield: Macquarie Group Ltd (ASX: MQG)

Macquarie is the creative playmaker.

The investment bank has a long record of finding opportunities across infrastructure, commodities, green energy, private markets, and global finance.

It is the player most capable of spotting a pass others miss.

Midfield: WiseTech Global Ltd (ASX: WTC)

WiseTech is the energetic box-to-box midfielder.

Its logistics software is used by freight forwarders and supply chain operators around the world, giving it a large global runway.

It has the engine to keep pushing forward.

Right wing: Life360 Inc (ASX: 360)

Life360 brings speed on the right wing.

Its family safety platform is growing rapidly globally, with subscriptions and new services giving it room to keep expanding.

This is a high-growth player with plenty of attacking intent.

Left wing: Pro Medicus Ltd (ASX: PME)

Pro Medicus takes the left wing position.

Its medical imaging software is fast, specialised, and world class. It may come with a premium valuation, but elite attacking talent rarely comes cheap.

Striker: REA Group Ltd (ASX: REA)

REA leads the line.

Its property platforms hold dominant market positions, giving it pricing power, high margins, and a strong record of scoring for shareholders.

It is the reliable finisher in this ASX attack.

The post The ASX shares I'd pick in a FIFA World Cup first eleven appeared first on The Motley Fool Australia.

At the time of writing, the ASX 200 is down 0.15% to 8,640 points.

Keep in mind, the index recovered from a much steeper fall earlier in the day. It dropped as low as 8,555.3 points before clawing back ground in afternoon trade.

Still, the benchmark remains under pressure. It is now down 1.65% over the past week, 1.19% over the past month, and 0.85% since the start of 2026.

So, what's weighing on the market today?

Why the ASX 200 is falling

The weakness followed a rough night on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) fell 953 points, or 1.9%. The Nasdaq Composite Index (NASDAQ: .IXIC) dropped 2%, while the S&P 500 Index (SP: .INX) lost 1.6%.

The selloff came as investors reacted to renewed Middle East tensions, higher oil prices, and stronger inflation data.

According to Reuters, oil prices rose again as skirmishes between the United States and Iran put more attention on the Strait of Hormuz.

Brent crude is trading near US$94.58 a barrel, while WTI crude is fetching US$91.57.

US inflation is also back in focus after May CPI rose 4.25% over the year, according to reports. This has added to concerns that interest rates may need to stay higher for a bit longer.

Big stocks are holding the market back

A few major ASX 200 shares are weighing on the index today.

Fortescue Ltd (ASX: FMG) shares are down 1.7% to $19.33, while Commonwealth Bank of Australia (ASX: CBA) shares are 1.6% lower at $157.75.

Northern Star Resources Ltd (ASX: NST) is also under pressure, with its shares down 1.5% to $18.26 after another update from activist investor Elliott.

The technology sector is also under pressure. WiseTech Global Ltd (ASX: WTC) shares are down 2.7% to $37.02, following overnight weakness in US tech stocks.

Nonetheless, there are still some pockets of strength.

Lendlease Group (ASX: LLC) shares are also up 2.3% to $2.68, while Woodside Energy Group Ltd (ASX: WDS) shares are 1.6% higher at $31.52.

What happens next?

The ASX 200 has managed to recover from its lows today, but the market is still being pulled in different directions.

Oil is helping one corner of the market, while creating problems for others. If crude prices keep pushing higher, investors are going to keep worrying about what it means for inflation and interest rates.

Clearly there are still buyers around, but after last night's Wall Street selloff, it may take some time for nerves to settle.

The post ASX 200 slips as oil shock puts investors on edge appeared first on The Motley Fool Australia.

But they are not the only technology companies on the Australian share market with strong growth prospects.

I think investors looking beyond the usual large-cap software names have some compelling options. Two ASX tech shares I would consider buying are named in this article.

Megaport Ltd (ASX: MP1)

Megaport is one ASX tech share I think deserves attention.

The company helps businesses connect to cloud providers, data centres, and network services through its software-defined network. In simple terms, it lets customers turn connectivity on and off, scale capacity, and link different digital environments without relying only on older, fixed network arrangements.

I think that is becoming more valuable as companies spread their workloads across multiple clouds, data centres, and regions.

A business might use Amazon Web Services, Microsoft Azure, Google Cloud, private infrastructure, and specialist providers at the same time. That creates a messy connectivity problem. Megaport's role is to make those connections faster, more flexible, and easier to manage.

The company has also added another chapter to its story through the acquisition of Latitude.sh. That move gives Megaport exposure to compute and storage, not just network connectivity. It also opens the door to more involvement in artificial intelligence (AI) and high-performance workloads, where customers may need fast access to GPUs, CPUs, storage, and reliable network capacity.

I like that because the digital infrastructure market is no longer just about owning the physical data centre. It is also about how customers move data, access compute, and manage workloads across different locations.

Megaport still has execution risk. It needs to prove that the expanded model can produce stronger growth and better returns. But I think the company sits in an important part of the cloud and AI ecosystem that can be easy to overlook.

Catapult Sports Ltd (ASX: CAT)

Catapult Sports is another ASX tech share I would buy.

The company provides performance technology used by elite sporting teams. Its products help teams track athlete workloads, analyse movement, review video, manage training, and make better decisions about performance and preparation.

I think what makes Catapult particularly interesting is that sport is becoming more analytical every year. Coaches are no longer relying only on instinct and experience. They want data that can help them understand fatigue, speed, effort, tactical patterns, injury risk, and player development. The best teams are looking for marginal gains everywhere, and technology is becoming a bigger part of that process.

Catapult is well positioned because its products can become embedded in how teams operate. If a club uses the platform across training, games, coaching, medical staff, and performance analysis, it can become part of the daily workflow. That creates stickiness. It also gives Catapult the chance to sell more solutions to existing customers over time.

I also like the global nature of the opportunity. The business is not limited to one sport or one country. It can serve football codes, basketball, baseball, soccer, rugby, and other professional and college markets.

There are still challenges to watch. Sports teams can be demanding customers, and the company needs to keep innovating to stay ahead. But Catapult has moved beyond being a niche wearable technology idea. I think it is becoming a more complete sports intelligence platform.

Foolish takeaway

Xero and WiseTech may get plenty of attention, but the ASX technology sector has more depth than those two names.

Megaport gives investors exposure to the connectivity layer behind cloud, data centre, and AI workloads, while Catapult gives exposure to the rising use of data and software in professional sport.

If they keep executing successfully, I think they could become much larger businesses over the next decade.

The post 2 ASX tech shares I'd buy that aren't Xero or WiseTech appeared first on The Motley Fool Australia.

During this time, the logistics solutions technology company's shares have lost 65% of their value.

Is this a buying opportunity for investors? Bell Potter thinks it is.

Bell Potter on WiseTech shares

The broker has been looking at the company's progress in getting large customers over to its CargoWise Value Packs.

It suspects that this is proving harder to accomplish than first expected. Bell Potter explains:

WiseTech CEO Zubin Appoo said at the 1HFY26 result in February he was "confident and hopeful" that the company would migrate some of the remaining 5% of customers – representing c.30% of CargoWise revenue – across to CargoWise Value Packs (CVP) this financial year. As of yet, however, there has been no announcement or indication that one or more of these customers have moved across so we suspect it is proving more difficult or at least more time consuming to achieve this outcome.

In light of this, the broker has trimmed its revenue forecasts. It adds:

As a result we are modestly reducing our CargoWise revenue forecasts in the short to medium term given we expect this transition to provide a boost to revenue with the shift to transaction-based pricing. We also see some risk that WiseTech may have to provide greater incentives for these customers to shift – such as transitional price protection (TPP) or additional training – which would also have a negative impact.

Bell Potter remains bullish on WiseTech shares

According to the note, Bell Potter has retained its buy rating on WiseTech shares with a trimmed price target of $71.75 (from $78.75).

Based on its current share price of $38.05, this implies potential upside of almost 90% for investors over the next 12 months.

Commenting on its recommendation, Bell Potter said:

We have reduced the multiples we apply in our PE ratio and EV/EBITDA valuations from 55x and 30x to 50x and 27.5x and also increased the WACC we apply in the DCF from 8.6% to 8.8% given the lack of apparent progress in shifting large customers to CVP and the resulting downgrades in our forecasts.

These changes combined with the downgrades have resulted in a 9% decrease in our TP to $71.75 which is still, however, a significant premium to the share price so we maintain our BUY recommendation. That is, we believe the lack of progress is already reflected in the share price as well as the risk of a revenue result at the low end of guidance.

The post Why WiseTech Global shares could rise 90% in a year appeared first on The Motley Fool Australia.

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

ASX 200 expected to tumble

It looks set to be a difficult session for Australian investors on Thursday after a very poor night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 69 points or 0.8% lower this morning. In the United States, the Dow Jones was down 1.9%, the S&P 500 fell 1.6%, and the Nasdaq sank 2%.

Buy WiseTech shares

WiseTech Global Ltd (ASX: WTC) shares are good value according to analysts at Bell Potter. This morning, the broker has retained its buy rating on the logistics solutions technology company's shares with a trimmed price target of $71.75 (from $78.75). It said: "We have reduced the multiples we apply in our PE ratio and EV/EBITDA valuations from 55x and 30x to 50x and 27.5x and also increased the WACC we apply in the DCF from 8.6% to 8.8% given the lack of apparent progress in shifting large customers to CVP and the resulting downgrades in our forecasts. These changes combined with the downgrades have resulted in a 9% decrease in our TP to $71.75 which is still, however, a significant premium to the share price so we maintain our BUY recommendation. That is, we believe the lack of progress is already reflected in the share price as well as the risk of a revenue result at the low end of guidance."

Oil prices jump

It could be a good session for ASX 200 energy shares including Woodside Energy Group Ltd (ASX: WDS) and Santos Ltd (ASX: STO) after oil prices jumped overnight. According to Bloomberg, the WTI crude oil price is up 3.9% to US$91.67 a barrel and the Brent crude oil price is up 3.4% to US$94.55 a barrel. This was driven by concerns over an escalation in US-Iran tensions.

Buy Develop Global shares

The Develop Global Ltd (ASX: DVP) share price is undervalued according to Bell Potter. In response to final investment decisions for its Sulphur Springs and Pioneer Dome mining developments, Bell Potter has retained its buy rating and $7.10 price target on the miner's shares. It said: "DVP's ability to rapidly bring Pioneer Dome to market presents an opportunity to capitalise on current robust lithium prices, with strong resulting free cash flows to support its balance sheet at a time of heightened capital spend at Sulphur Springs."

Gold price sinks

It could be a tough session for ASX 200 gold shares including Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) on Thursday after the gold price sank overnight. According to CNBC, the gold futures price is down 4.5% to US$4,092.2 an ounce. This reflects fading Middle East peace hopes and interest rate hike concerns.

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

At the time of writing, the S&P/ASX 200 Index (ASX: XJO) is essentially flat in 2026. 

This is far below the historical average annual return of between 7% and 9%. 

However with inflation persisting and value outperforming, it could be time to scoop up quality companies at a relative discount. 

This is the core philosophy of value investing.

It could be a rare opportunity to gain exposure to blue-chip companies at a low price. 

Here are three ASX 200 stocks that could be buy-low options for investors with long term upside. 

WiseTech Global Ltd (ASX: WTC)

WiseTech shares have fallen close to the furthest of any ASX 200 company in the last 12 months. 

It has been weighed down by broader tech sector negative sentiment. 

However the fundamentals still remain strong, and the share price appears to have fallen beyond a fair price. 

At the time of writing, WiseTech shares are trading for roughly $38 each. 

As my colleague Bronwyn Allen reported recently, the Market Matters team sees 30% to 40% upside over the next 12 months for Wisetech shares.

Elsewhere, 15 analysts offering a one year forecast via TradingView have an average 12 month price target of $71.70 on these ASX 200 shares. 

This indicates an 88% upside from current levels. 

Seek Ltd (ASX: SEK)

Seek is an online classifieds platform which has also suffered from the Aussie tech sell-off this year. 

This ASX 200 stock is down 42% year to date. 

However it now presents as another value option. 

The Motley Fool's Mark Verhoeven covered last week the tailwinds from increased job ads that could be set to benefit the ASX 200 company. 

Additionally, the analyst team at Jarden believes the shares are oversold and have a price target of $23.25 on Seek. 

From yesterday's closing price of $13.49, this indicates a 72% upside. 

Guzman Y Gomez Ltd (ASX: GYG)

Another value option right now is Guzman Y Gomez. 

The ASX 200 company (for now) has fallen significantly over the last 12 months, but is showing signs of a rebound after refocussing on the domestic market. 

At the time of writing, shares are trading hands for approximately $19.30 each. 

Amongst brokers, targets are ranging from $24 to $29.40 from Morgans.

These targets indicate an upside potential between 24% and 50%. 

This kind of upside can be hard to come buy for ASX 200 stocks. 

The post Are these the 3 best value ASX 200 shares right now? appeared first on The Motley Fool Australia.

At the close of the ASX on Wednesday afternoon, the shares were 0.13% higher at $38.05 a piece. 

The increase is good news for investors but it barely dents the huge losses the beaten-down tech stock has suffered over the past year.

The shares are still down over 44% for the year-to-date and down 65% over the past 12 months after a tech-sector sell-off saw investors rotate to more stable assets.

For context, the S&P/ASX 200 Index (ASX: XJO) closed 0.57% higher on Wednesday, and is now just 0.77% higher than 12 months ago. 

What do brokers expect next from WiseTech shares?

According to broker forecasts, the upside potential for WiseTech shares is huge over the next 12 months, with some tipping the stock to increase up to 214%.

Market Index data shows the majority brokers have a strong buy consensus on WiseTech shares over the next year. They tip a potential 93% upside to an average $73.89 target price, at the time of writing. 

Over at TradingView, the data shows something similar. Out of 15 analysts, 12 have a buy or strong buy rating on WiseTech shares. Another three have a hold rating. They tip a potential 85% upside to an average target price of $71.70. But some are much more bullish and are tipping the stock to jump as high as 214% to a maximum $119.39 target price, at the time of writing.

Why are the experts so bullish?

The team at Dolphin Partners Financial Services recently named the ASX tech stock as a buy. The broker said it thinks the shares are trading at a deep discount compared to broker valuations following significant share price weakness.

James Gerrish from Shaw and Partners recently said he thinks software stocks have now bottomed, and there are good buys to be had. He pointed to WiseTech shares and said his team sees between 30% and 40% upside over the next 12 months.

Bell Potter also has a buy rating on the shares and said it is eagerly awaiting the FY26 results in August. The broker added that, depending on the FY26 results, WiseTech's FY27 forecast could even prove to be conservative and has the potential to drive renewed confidence and push up its share price.

Elsewhere, JP Morgan is a little more bearish on the shares. It downgraded its outlook on the stock last week. The broker said WiseTech Global is no longer the market's biggest tech company after handing over the reins to Xero Ltd (ASX: XRO) last month. As a result, JP Morgan downgraded WiseTech shares to a hold rating with a $40 price target.

The post Here's what brokers tip for WiseTech shares over the next 12 months appeared first on The Motley Fool Australia.

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

ASX 200 to edge higher

The Australian share market looks set for a better day on Wednesday despite a mixed night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 9 points or 0.1% higher. In the United States, the Dow Jones rose 0.15%, but the S&P 500 fell 0.25% and the Nasdaq dropped 1%.

Oil prices tumble

ASX 200 energy shares Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a difficult session after oil prices tumbled overnight. According to Bloomberg, the WTI crude oil price is down 3.2% to US$88.31 a barrel and the Brent crude oil price is down 2.85% to US$91.54 a barrel. This was driven by news that traffic is increasing in the Strait of Hormuz.

Wesfarmers update

All eyes will be on Wesfarmers Ltd (ASX: WES) shares on Wednesday when the conglomerate holds its strategy briefing day event in Sydney. Ahead of the event, Morgans recently upgraded the Bunnings owner's shares to an accumulate rating. It said: "In our view, WES remains a high-quality business with a healthy balance sheet and a proven management team. Amid ongoing geopolitical uncertainty and cost-of-living pressures, its retail divisions (Bunnings, Kmart Group, Officeworks, Priceline) are well-placed to grow due to their strong value propositions. A sustained improvement in lithium prices should also support earnings over the medium term."

Gold price drops

ASX 200 gold shares such as Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a poor session on Wednesday after the gold price dropped overnight. According to CNBC, the gold futures price is down 1.8% to US$4,282.9 an ounce. Traders were selling gold ahead of the release of US inflation data and on increasing rate hike bets.

TechnologyOne shares downgraded

Bell Potter is calling time on the TechnologyOne Ltd (ASX: TNE) share price rally. This morning, the broker has downgraded the enterprise software provider's shares to a hold rating (from buy) with an improved price target of $34.25 (from $32.25). It said: "Our updated TP of $34.25 is <15% premium to the share price so we downgrade our recommendation to HOLD. We now see the stock as reasonable value on FY26 and FY27 PE ratios of 66x and 55x respectively. We do see Technology One as one of if not the best quality large cap SaaS company on the ASX but we note it is already trading at almost double the FY26 and FY27 PE ratios of WiseTech (ASX: WTC) on 35x and 28x."

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

Indeed, the S&P/ASX All Technology Index (ASX: XTX) is down a sharp 2.2%.

Here's how these lead ASX 200 tech stocks are tracking at this same time:

• Shares in cloud-based software solutions provider WiseTech Global Ltd (ASX: WTC) are down 5.3%, trading for $37.70 each
• Shares in software-as-a-service provider Technology One Ltd (ASX: TNE) are down 1.2%, trading for $31.93 each
• Shares in data centre operator NextDC Ltd (ASX: NXT) are down 3.7%, trading for $15.27 each
• Shares in location-sharing software developer Life360 Inc (ASX: 360) are down 1.5%, trading for $21.67 each
• Shares in accounting software provider Xero Ltd (ASX: XRO) are down 2.5%, trading for $77.26 each
• Shares in AI network services provider Megaport Ltd (ASX: MP1) are down 2.0%, trading for $18.11 each

So, why are tech investors heading for the exits today?

ASX 200 tech stocks tumble amid multiple headwinds

ASX 200 tech stocks are following Friday's US stock market moves lower today, as the ASX was closed for the King's Holiday here on Monday.

With US markets showing some resilience overnight (Monday US time), the pain on the ASX is not as bad as it may have been.

However, on Friday, the S&P 500 Index (SP: .INX) closed down 2.6% while the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) ended the day down a sharp 4.2%. AI chip-making giant Nvidia Corp (NASDAQ: NVDA) didn't help matters, closing down 6.2% on Friday.

The biggest headwinds hitting US tech companies, and by extension ASX 200 tech stocks like Xero, WiseTech, and Megaport today, look to have been the strong US employment data that landed at the end of last week.

With US jobs figures coming in much stronger than consensus expectations, the odds of any near-term interest rate cuts from the US Federal Reserve are rapidly diminishing. In fact, many analysts now expect the next move from the Fed will be a 0.25% interest rate hike later in 2026.

And tech stocks – which are often priced with growing future earnings in mind – have proven to be particularly sensitive to interest rate moves. Especially with investor bets on AI having fuelled outsized share price gains amongst the tech giants.

And ASX shares in general aren't getting any relief today following renewed attacks between Iran and Israel over the weekend. Should the Middle East conflict reignite, it will further stoke inflation and put additional pressure on central banks to hike interest rates.

What are the experts saying?

Commenting on Friday's NASDAQ plunge – and by connection the pressure facing ASX 200 tech stocks today – SPI Asset Management managing partner Stephen Innes said that, atop the increased potential for higher interest rates, the AI trade has gotten crowded.

According to Innes (quoted by The Australian Financial Review):

The AI investment story remains intact, but crowded positioning, leverage and market structure can still create sharp corrections even when the long-term narrative remains fundamentally sound.

The artificial intelligence boom is evolving from an earnings story into a capital spending arms race whose inflationary consequences may be underestimated. Growth remains resilient, but the economy and the market are increasingly being supported by a narrower set of drivers.

The post Why are ASX 200 tech stocks like WiseTech, Life360 and Xero shares getting hammered on Tuesday? appeared first on The Motley Fool Australia.

I am not looking for businesses where everything is perfect today. I am looking for companies where expectations have been reset, but the long-term opportunity still looks attractive.

Three ASX shares I would consider buying before sentiment improves are named in this article.

CSL Ltd (ASX: CSL)

CSL is one ASX share I think investors should be studying closely.

The healthcare giant has been through a difficult period. Confidence has weakened, guidance has disappointed, and the market no longer treats the company as the simple long-term compounder it once appeared to be.

I think that shift is important. Investors should not pretend the old story is still intact. CSL needs to rebuild trust, improve execution, and show that the pressure in parts of its business can be managed.

But I also do not think the company's long-term strengths have disappeared. CSL remains a global healthcare leader with valuable positions across plasma therapies, vaccines, and specialist medicines.

The dividend yield has also become more interesting after the share price weakness. I would not buy CSL only for income, but I do like being paid something while waiting for the business to regain momentum.

Sentiment may take time to turn. That is normal after a long derating. But I think patient investors could look back on this period as a useful opportunity to buy a global healthcare leader when expectations were unusually low.

WiseTech Global Ltd (ASX: WTC)

WiseTech is another ASX share I would buy before confidence fully returns.

The logistics software company has been sold down heavily from its high, but I still think the business has an excellent long-term position.

Global trade is complicated. Freight forwarders and logistics providers deal with customs, documentation, compliance, warehousing, transport, tariffs, and constant exceptions. That kind of complexity creates a need for software that can sit deep inside daily workflows.

That is what I like about WiseTech. Its CargoWise platform is not a casual tool that customers use once and forget. It helps run important parts of global logistics operations. If the software saves time, reduces errors, and improves control, it can become very difficult to replace.

I am also positive on its exposure to artificial intelligence (AI) and think it could become genuinely useful in this part of the economy. Logistics still contains a lot of repetitive admin, document handling, and manual checking. If WiseTech can use AI to make those processes faster and more accurate, the platform could become even more valuable.

There are risks around valuation, execution, and integration. But I think the share price fall has made the long-term risk/reward more appealing.

Treasury Wine Estates Ltd (ASX: TWE)

Treasury Wine Estates is a different type of opportunity.

This is more of a recovery story than a clean compounder today. The market has become cautious on the business, and that is understandable. The US wine market has been difficult, execution has been questioned, and confidence in the earnings outlook has weakened.

But I still think Treasury Wine owns assets worth paying attention to. Penfolds remains a powerful premium wine brand. Those kinds of brands are not built quickly. They need history, trust, distribution, quality, scarcity, and pricing power.

If the company can rebuild momentum in China, improve its US performance, and focus more effectively on its strongest brands, I think sentiment could improve over time.

However, recovery stories often take longer than investors hope, so patience will be needed. But after a heavy sell-off, I think the market may already be pricing in a lot of disappointment.

Foolish Takeaway

Weak sentiment can make even good opportunities feel uncomfortable.

That is why I think this is a useful time to look at businesses where the market has lost patience, but the long-term case has not disappeared. The share prices may not recover quickly, and there will almost certainly be setbacks.

But investors do not need everyone to agree with them on day one. In my opinion, they need the businesses to keep improving while expectations remain low. If that happens, the market may eventually catch on.

The post 3 cheap ASX shares I'd buy before sentiment turns appeared first on The Motley Fool Australia.

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

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

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

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

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

Let's review.

ASX 200 tech shares outperform by a long shot

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

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

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

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

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

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

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

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

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

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

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

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

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

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

The post ASX 200 tech stocks led the market with big share price gains last week appeared first on The Motley Fool Australia.

Amid a highly volatile market, brokers downgraded several ASX 200 shares this week.

Let's take a look at their new ratings and 12-month share price targets for six ASX 200 stocks.

CSL Ltd (ASX: CSL)

The CSL share price is $96, up 3.7% today.

The market's biggest ASX 200 healthcare company has lost 44% of its valuation in the calendar year to date (YTD).

Jefferies downgraded CSL shares to a hold rating and slashed its price target from $195 to $108.

This still implies a potential 12% upside ahead.

WiseTech Global Ltd (ASX: WTC)

The WiseTech share price is $39.77, down 0.9% on Friday.

Over the past six months, this ASX 200 tech share has fallen 46%.

WiseTech Global is no longer the market's biggest tech company. It handed over the reins to Xero Ltd (ASX: XRO) last month.

JP Morgan downgraded WiseTech shares to a hold rating with a $40 target this week.

This suggests the stock is already fully valued.

Telstra Group Ltd (ASX: TLS)

The Telstra share price is $4.95, down 0.3% today.

The ASX 200 telco share has fallen 9% over the past month.

Macquarie downgraded Telstra shares to a hold rating this week.

The broker shaved its 12-month price target from $5.64 to $5.57.

This suggests just a 2% potential upside left in the year ahead.

Capricorn Metals Ltd (ASX: CMM)

The Capricorn Metals share price is $12.90, down 3.2% today.

This ASX 200 gold mining share has fallen 11% YTD.

Goldman Sachs downgraded Capricorn Metals shares to a hold rating on Thursday.

The broker lowered its 12-month target from $17.60 to $16.90.

This still implies a healthy potential upside of 29% ahead.

Find out why the gold price has fallen since the Iran war began here.

IGO Ltd (ASX: IGO)

The IGO share price is $8.96, down 3.2% today.

This ASX 200 lithium share has risen 9% YTD.

JP Morgan downgraded IGO shares to a hold rating this week.

However, the broker lifted its 12-month price target from $8.50 to $9.50.

This indicates capital gains of 7% over the next year. 

Harvey Norman Holdings Ltd (ASX: HVN) 

The Harvey Norman share price is $4.43, up 0.8% on Friday.

This ASX 200 consumer discretionary share has taken a big tumble in 2026.

The furniture retailer has lost 37% of its valuation YTD.

Macquarie downgraded Harvey Norman shares to a hold rating this week.

The broker slashed its price target from $6.60 to $4.50.

This suggests potential capital growth of just 2% over the next year. 

The post 6 ASX 200 shares downgraded by analysts this week appeared first on The Motley Fool Australia.

That can be enough for many investors to move on and focus elsewhere. But share price weakness does not always mean a company's long-term opportunity has disappeared.

In some cases, a pullback can make quality growth businesses much more attractive, particularly when they still have strong market positions and clear paths to expand.

With June now here, these three ASX 200 shares could be worth another look.

Life360 Inc (ASX: 360)

The first ASX 200 share to look at is Life360.

It has built something many consumer technology companies spend years trying to create: a product that becomes part of everyday family routines.

Its app helps families stay connected through location sharing, driving safety features, crash detection, emergency support, and other tools designed around peace of mind.

That regular use is important. A consumer app is far more valuable when it solves a repeated problem rather than relying on occasional engagement.

Life360 also has several ways to expand its business from here. Subscriptions remain important, but advertising, connected devices, and new safety-focused services could all add to the revenue opportunity.

The key challenge will be maintaining user trust while improving monetisation. That is especially important for a platform built around families and location data.

Even so, its large user base, clear use case, and growing revenue options make Life360 one of the more interesting technology shares on the ASX.

TechnologyOne Ltd (ASX: TNE)

Another ASX 200 share that could be worth watching is TechnologyOne.

It provides enterprise software to customers such as councils, universities, government agencies, and large organisations.

That may not sound overly exciting, but these customers run on complex processes. Finance, payroll, asset management, student administration, property, planning, and compliance systems all need to work reliably.

This gives TechnologyOne a strong position. Once its software is embedded across critical workflows, changing providers can be costly, disruptive, and risky.

The company is also pushing beyond traditional software delivery with its SaaS+ model and artificial intelligence (AI) products. This could help customers reduce implementation complexity and get more value from their data and processes.

Some software companies may be challenged by AI. TechnologyOne appears better placed to use it as a product and productivity enhancer, particularly because its systems sit inside important organisational workflows.

Its valuation can be demanding, but recurring revenue, defensive customers, and sector-specific software give the company a strong long-term profile.

WiseTech Global Ltd (ASX: WTC)

A third ASX 200 share to consider is WiseTech Global.

It builds software for the logistics industry, with its CargoWise platform used by freight forwarders, customs brokers, and supply chain operators around the world.

Global trade is full of friction. Goods move across countries, transport modes, regulations, documents, tariffs, warehouses, and ports. That creates a need for software that can bring order to a complicated system.

WiseTech's opportunity is to become more important as logistics customers try to automate work, reduce errors, and improve visibility across supply chains.

Its software can become deeply embedded because logistics operators do not want disruption inside mission-critical workflows. That can create sticky relationships and support long-term revenue growth.

The company has also used acquisitions (large and small) to broaden its product capability and extend its reach across the logistics ecosystem.

If global supply chains keep becoming more digital, WiseTech could remain one of the ASX's standout technology compounders.

The post 3 ASX 200 shares that could be too good to ignore in June appeared first on The Motley Fool Australia.

So far, the S&P/ASX 200 Information Technology Index (ASX: XIJ) has recovered by an impressive 26% in just over two months.

By comparison, the benchmark S&P/ASX 200 Index (ASX: XJO) has lifted 2.5% over the same time period.

Fears over how artificial intelligence (AI) may impact software-as-a-service (SaaS) businesses, in particular, contributed to the 48% rout.

However, James Gerrish from Shaw and Partners reckons software stocks have now bottomed, and there are good buys to be had.

In his regular Market Matters newsletter this week, Gerrish named three ASX 200 tech shares that his team is "long and bullish" on.

He says these stocks are well-placed for growth in 1H FY27, and all three are held in the team's Active Growth Portfolio.

Let's find out why.

WiseTech Global Ltd (ASX: WTC)

The WiseTech share price is $40.12, down 3% today and down 41% in the calendar year to date (YTD).

Since the ASX 200 tech sector turned a corner on 31 March, Wisetech shares have underperformed, lifting just 10%.

The Market Matters team sees 30% to 40% upside over the next 12 months for Wisetech shares.

Gerrish explained:

… we view WiseTech as more likely to be an AI beneficiary than a victim.

Its enormous logistics dataset, entrenched customer relationships and central position within global supply chains provide a strong foundation for embedding AI into the platform, potentially improving productivity, automation and customer outcomes while further strengthening its competitive moat.

The company has already said AI will allow it to reduce its workforce by around 30%, which, if executed well, would have a meaningful positive impact on margins and the bottom line.

With the stock now trading around 60% below its five-year valuation average — albeit from very elevated growth multiples — the risk/reward looks increasingly appealing in our opinion.

Xero Ltd (ASX: XRO)

The Xero share price is $80.96, down 3.5% today and down 28% YTD.

Since 31 March, Xero shares have recovered 15%. Like Wisetech, Xero is underperforming its ASX 200 tech sector peers for now.

Gerrish commented:

Despite the launch of its premium Ultra tier, the rollout of Xero's AI-powered assistant and continued momentum in the US, the market remained focused on disruption risk, particularly following Anthropic's unveiling of AI tools aimed at small businesses.

The bear case is that increasingly capable AI agents could automate many of the bookkeeping, reconciliation and administrative tasks that have traditionally underpinned accounting software.

The bull case is that Xero's competitive advantage extends far beyond the user interface, encompassing proprietary transaction data, deep banking integrations, regulatory compliance capabilities and thousands of bank feeds that would be difficult for any AI-native challenger to replicate at scale.

With Xero now trading ~65% below its 5-year valuation, albeit extremely high in the first place, we like the risk/reward ~$80.

We can initially see ~20% upside for XRO from the $80 area…

TechnologyOne Ltd (ASX: TNE)

The TechnologyOne share price is $32.35, down 2.2% on Thursday and up 16% YTD.

Since the ASX 200 tech sector pivoted on 31 March, TechnologyOne shares have lifted 22%.

Gerrish said:

We regard TNE as one of the best-positioned local software names to capitalise on AI.

Its strength lies in deep domain expertise across local government, higher education, healthcare and corporate services — specialised sectors where AI can enhance productivity, but where generic models often struggle with regulatory complexity, data security and operational nuance. Management has also been proactive in embedding AI across the product suite.

The core attraction remains TechnologyOne's business model. Its software supports mission-critical functions including finance, payroll, human resources, assets and student administration, creating high switching costs and strong revenue visibility.

… TNE's entrenched customer base, sector-specific expertise and recurring revenue model position it as one of the few ASX software companies whose competitive advantage may actually strengthen as AI adoption accelerates. The market clearly agrees for now.

We like the risk/reward around ~$32, initially seeing 20–25% upside from current levels.

The post 3 ASX 200 tech shares to buy now: expert appeared first on The Motley Fool Australia.

The ASX 200 spent the entire session in red territory, and ended up closing with a 0.057% loss. That drags the index down to 8,724.4 points.

This rather uninspiring Tuesday session for the local markets comes after a more positive start to the American trading week up on the US markets last night.

The Dow Jones Industrial Average Index (DJX: .DJI) had a wild ride, but managed to pull off a win, gaining 0.091%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was a little more decisive, rising 0.42%.

But let's return to the ASX boards now and take stock of what the different ASX sectors were up to amid today's challenging trading conditions.

Winners and losers

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

At the time of writing, the ASX 200 is down 0.49% to 8,686 points.

The index has moved between early weakness and selective buying, showing that the market is still struggling for direction.

The result is a choppy session where a few strong pockets are being offset by wider weakness across the market.

Let's take a closer look at what is moving the ASX 200 today.

Retail stocks feel the wage pressure

Retail stocks are under pressure today after the Fair Work Commission handed down its latest wage decision.

Minimum award wages will increase by 4.75% from 1 July, while the national minimum wage will rise to $26.44 an hour, or $1,004.90 a week.

The decision affects around 2.8 million workers, so it is good news for Australians dealing with higher living costs.

The share market, however, is focused on what the wage rise means for company costs.

Retailers are already dealing with cautious shoppers and rising costs, so today's wage decision adds another cost for investors to factor in.

Businesses with large store networks and distribution teams are the ones most exposed, because even small cost increases can become significant across the group.

That concern appears to be weighing on several consumer stocks today.

Woolworths Group Ltd (ASX: WOW) shares are down 1.6% to $34.50, while Coles Group Ltd (ASX: COL) shares have slipped 0.7% to $21.55.

Wesfarmers Ltd (ASX: WES) is also weaker, with its shares down 1% to $78.89. JB Hi-Fi Ltd (ASX: JBH) has fallen 4% to $72.09, while Harvey Norman Holdings Ltd (ASX: HVN) is also down 1% to $4.54.

Economic data adds another concern

There is also some caution around the broader economy after the latest trade numbers.

ABS data showed Australia recorded a seasonally adjusted goods trade deficit of $1.84 billion in March.

It was the first monthly goods trade deficit since December 2017.

Imports jumped 14.1%, helped by a surge in data processing equipment, while exports fell 2.7%.

The Australian reported that Australia's broader net trade position is expected to weigh on March quarter GDP, with imports of data centre equipment playing a major role.

At the same time, today's wage decision has kept inflation and interest rates in focus.

Reuters reported some economists expect the wage rise could add inflation pressure, giving the RBA another issue to weigh closely.

Tech keeps the market from looking worse

Tech shares are helping limit the damage today, even though the broader ASX 200 is still trading lower.

Xero Ltd (ASX: XRO) shares are up 6.25% to $86.01, while WiseTech Global Ltd (ASX: WTC) shares are 5.98% higher at $41.49.

Those gains are helping offset some of the weakness elsewhere across the market.

The buying follows another strong session for AI-linked stocks in the US, where Nvidia shares rose after unveiling its latest AI-focused products.

That has flowed through to parts of the local tech sector, even though the wider market is still struggling.

The S&P/ASX 200 Resources Index (ASX: XJR) is also lending some support, with the sector up 0.58%.

Northern Star Resources Ltd (ASX: NST) is one of the standout moves, with its shares up 13.37% to $20.99.

The gold miner is rallying after reports that Elliott Investment Management has built a stake and is pushing for change.

The post Why's the ASX 200 falling today despite another tech rally? appeared first on The Motley Fool Australia.

At the time of writing on Tuesday, the three companies are the worst-performing shares on the S&P/ASX 200 Index (ASX: XJO) for the past 12 months.

The question is, can they rebound this year? Or is there more downside ahead?

What to expect from WiseTech shares in 2026

WiseTech shares are bucking the trend today and have climbed around 4% higher to $40.71 at the time of writing. 

For context, the ASX 200 Index is down around 1%.

The latest uptick is good news for investors but it barely makes a dent in the volume of losses WiseTech shares have shed over the past 12 months.

After the tech stock suffered a steep and sustained share price crash, WiseTech shares are now down around 40% for the year to date and around 61% lower than 12 months ago. 

The shares were driven lower by the tech-sector wide sell-off and an investor rotation to more stable assets amid global volatility earlier this year. 

But I think the company shows huge potential for a rebound.

The company's CargoWise platform is deeply embedded in the global logistics industry. That means it's difficult to replace and gives WiseTech a strong competitive advantage in the market.

CEO Zubin Appoo also recently commented that AI is strengthening the company's advantage in the market, unlocking efficiency gains and adding value to customers.

I think a proven stronger FY26 result in August will create a turnaround in investor sentiment. If the company's financials meet expectations then I think we'll see investors quickly snap up the shares.

Market Index data shows brokers have a strong buy consensus on WiseTech shares. They tip a potential 87% upside over the next 12 months to an average $76.43 target price, at the time of writing.

What to expect from Cochlear shares in 2026

Cochlear shares have fallen further into the red on Tuesday, down around 3% to $98.08 at the time of writing. The decline means the shares are now trading 62% lower for the year-to-date and are 64% lower than 12 months ago.

Cochlear shares crashed in April after the ASX healthcare company downgraded its FY26 earnings guidance, citing weaker conditions across developed markets and softer demand. The update was one of the worst earnings downgrades in the company's listed history. 

The downgrade also came off the back of a softer-than-expected half-year result in February this year. 

Meanwhile, Cochlear has also endured a sector-wide rotation away from ASX healthcare shares this year, as global volatility, a weaker US dollar, higher US tariffs, and increased labour costs prompted investors to sell up their holdings. 

But after such a sharp sell off, I think the shares are now well below fair value. 

Despite the earnings downgrade, Cochlear remains a strong, globally dominant business and its long-term outlook is intact. 

While the company's short-term earnings have changed, forecasts suggest that there will see a recovery over the next one or two years. 

It's not clear whether we'll see any upside by the end of 2026, but brokers are confident the shares can rebound in the next 12 months.

They rate the shares as a buy and tip a 102% upside to $196.95.

What to expect from CSL shares in 2026

CSL shares are also trading in the red again on Tuesday, down around 2% to $92.50 at the time of writing. The stock is now down 46% for the year-to-date and around 63% lower than 12 months ago.

CSL shares suffered their biggest-ever one-day crash in early-May after the company lowered its FY26 outlook after interim CEO Gordon Naylor completed his 90-day review.

The company cited weakness in China albumin pricing, inventory normalisation in the US immunoglobulin market, and several operational factors weighing on profitability.

This downgrade reinforced investor concerns that earnings momentum is still under pressure. 

CSL shares have also been affected by the broad market rotation away from healthcare-related stocks this year. 

The good news is that CSL has said its growth initiatives are working. But the company also said that the financial benefits will take longer than previously expected.

I think there will be a rebound eventually, but not in 2026. In fact, I'm expecting more downside ahead before the shares start to rebound.

While the majority of brokers rate CSL shares as a hold, the stock could rise as much as 66% based on the average price target of $153.62.

The post WiseTech, Cochlear, CSL shares: Can these beaten down stocks rebound in 2026? appeared first on The Motley Fool Australia.