With less than half a day’s trade remaining before Friday’s closing bell, the S&P/ASX 200 Index (ASX: XJO) is up 1.8% for the week, with due thanks to these three rocketing ASX 200 shares.
Here’s why these three stocks have surged 22% to almost 29% this week.
ASX 200 shares lifting off this week
The first company making investors very happy this week is Netwealth Group Ltd (ASX: NWL).
Shares in the wealth management and technology company closed last Friday trading for $21.37. At the time of writing, shares are changing hands for $26.11 each. That sees this ASX 200 share up 22.1% for the week.
Netwealth shares closed up 13.6% on Wednesday, following the release of the company’s half-year results (H1 FY 2026).
Highlights included a 24.7% year-on-year increase in revenue to $193.8 million. And with net profit after tax (NPAT) up 19.9% to $69 million, management boosted the fully-franked interim dividend by 20% to 21 cents per share.
Moving on to the second ASX 200 share shooting the lights out this week, we have Austal Ltd (ASX: ASB).
Shares in the Aussie shipbuilder closed last week trading for $4.87 and are currently trading at $6.25 each. This puts the Austal share price up 28.5% for the week.
The bulk of those gains were delivered on Monday, when Austal shares closed up 19.5%.
That big lift followed on an even steeper sell-down last Friday. Austal shares crashed 22.8% on 13 February after the company released an update downgrading its FY 2026 earnings guidance after uncovering an accounting error.
The shipbuilder reduced its full-year EBIT guidance to $110 million, down from prior guidance of $135 million. But on Monday, bargain hunters clearly swooped in.
Which brings us toâ¦
Leading the charge
The top performing ASX 200 share on my list for this week is Hub24 Ltd (ASX: HUB).
Shares in the fintech company closed last Friday trading for $76.57. At the time of writing, shares are changing hands for $98.55 apiece, putting the Hub24 share price up 28.8% for the week.
Shares closed up 14.2% on Thursday following the company’s half-year results report.
Investors piled into the ASX 200 share after Hub24 reported a 26% year-on-year increase in revenue to $245.9 million.
Underlying EBITDA of $104.9 million was up 35% on H1 FY 2025. And on the bottom line, the company achieved a 60% increase in NPAT to $68.3 million.
With profits up, management rewarded passive income investors with a fully-franked interim dividend of 36 cents per share, up 50% from last year’s interim payout.
The post 3 ASX 200 shares storming 22% to 29% higher this week appeared first on The Motley Fool Australia.
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More reading
- Austal shares take off on new Aussie contract win
- Up 20% in 2 days, can this quality ASX share go higher?
- Bullish or bearish? Bell Potter gives its verdict on this high-flying ASX 200 stock
- Here are the top 10 ASX 200 shares today
- HUB24 shares jump 12% higher. Are the shares still a buy for 2026?
Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Hub24 and Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool Australia has recommended Hub24. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.