These 2 ASX shares have the booster power to rocket higher in 2026

It has been a shaky start to the year for many shares on the ASX. But sharp pullbacks can sometimes create opportunities for patient investors.

Two companies that could have plenty of upside if things go right are WiseTech Global Ltd (ASX: WTC) and Electro Optic Systems Holdings Ltd (ASX: EOS).

The WiseTech share price is down about 30% in 2026, though it showed signs of life on Thursday. The stock finished the day up 7.14% to $47.57.

Meanwhile, the EOS share price has been mostly flat this year, but it slipped 3.07% on Thursday to $9.48.

Despite the recent weakness, both companies could still have strong growth ahead.

WiseTech could bounce back

WiseTech has been under pressure over the past year. Concerns about artificial intelligence (AI) and broader market volatility have weighed on the logistics software company.

However, the business itself continues to grow.

WiseTech develops software used by freight forwarders and logistics companies around the world. Its CargoWise platform helps manage complex global supply chains and is widely used across the industry.

The company recently reaffirmed its revenue outlook for FY26, expecting revenue of around US$1.39 billion to US$1.44 billion.

WiseTech is also investing heavily in automation and AI. Management believes these technologies can improve efficiency and help the business grow over time.

Several brokers remain positive on the stock despite the share price fall. UBS has a ‘buy’ rating and a price target of $89, while Bell Potter has a target of $83.70.

If the company delivers on its growth plans, the current share price could look far more attractive in hindsight.

EOS could benefit from rising defence spending

EOS operates in the defence technology sector. The company develops products such as remote weapon systems (RWS), counter-drone technology, and high-energy laser systems.

Global defence spending has been rising in recent years as geopolitical tensions increase. This trend could support demand for the company’s technology.

While EOS reported a mixed set of recent financial results, one figure stood out. The company finished the year with an unconditional order book of about $459 million.

This large pipeline of work gives the business better visibility over future revenue.

Brokers also see potential upside. Ord Minnett has a speculative ‘buy’ rating on EOS with a price target of about $12.95.

That suggests there could be meaningful upside if the company successfully converts its contracts into revenue.

Foolish takeaway

Both WiseTech and EOS have faced challenges recently, which helps explain the share price weakness.

However, both companies also operate in industries with strong long-term growth potential.

If WiseTech continues expanding its global software platform and EOS benefits from rising defence spending, these 2 ASX shares could have the power to climb higher in 2026.

The post These 2 ASX shares have the booster power to rocket higher in 2026 appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras 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 Electro Optic Systems and WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.