3 high-quality ASX shares to buy this week

It has been a rough year for some once-loved ASX shares.

Several quality companies have been hammered by weaker sentiment, valuation concerns, and broader market uncertainty. In some cases, share prices are down between 17% and 43% in 2026 alone.

But for long-term investors, that could be creating opportunity.

Here are three beaten-down ASX shares that still look like high-quality businesses worth watching closely this week.

Hub24 (ASX: HUB)

Hub24 shares have struggled this year despite the company continuing to deliver strong operational growth.

The ASX financial technology company recently reported quarterly net inflows of $4 billion, while total funds under administration climbed 22% year-on-year to $151.7 billion.

That highlights the strength of its platform business.

More advisers continue adopting Hub24’s ecosystem, and industry trends toward platform consolidation could become a powerful long-term tailwind. The ASX share also benefits from recurring revenue and the potential for expanding margins as scale increases.

Importantly, Hub24 operates in a structurally growing industry.

The biggest risk is valuation and sentiment. Growth and technology shares remain highly sensitive to interest rates and broader market volatility. There is also ongoing uncertainty about how artificial intelligence could reshape parts of the wealth management industry over time.

Even so, after falling roughly 17% this year, the ASX growth stock may now offer a more attractive entry point for patient investors.

Life360 Inc. (ASX: 360)

This $4 billion ASX share has also endured a volatile year.

The family safety app provider remains one of the ASX’s more unique technology businesses, combining subscription revenue, location services, and growing advertising opportunities into a rapidly expanding ecosystem.

The company continues to grow users strongly in the US and has been improving monetisation across its platform. Investors also appear increasingly excited about Life360’s ability to cross-sell new products and services to its large customer base.

Importantly, the company is already profitable on an adjusted EBITDA basis and continues generating strong revenue growth.

However, risks remain. Competition in consumer technology is intense, while concerns around data privacy and changing consumer behaviour could create challenges over time. The ASX share is also highly sentiment-driven and can experience sharp swings during broader technology sell-offs.

After a difficult year for the share – price has dropped 43% year to date – investors may be starting to ask whether the market has become too pessimistic on the company’s long-term growth potential.

Treasury Wine Estates Ltd (ASX: TWE)

Treasury Wine Estates has arguably had the toughest year of the trio.

The ASX wine share has battled weaker consumer demand, softer earnings, and operational pressures across key markets including China and the US.

The company also withdrew FY26 guidance earlier this year and paused its share buyback, which badly hurt investor sentiment.

But there are early signs conditions may be stabilising. Recent quarterly numbers showed improving depletion growth in China, Australia, and the US. Penfolds remains a globally recognised premium wine brand, while operational restructuring efforts could eventually support stronger margins and earnings recovery.

The risks are clear. Consumer spending remains under pressure, the wine industry still faces challenges globally, and dividend expectations have weakened significantly in the short term.

Still, after tumbling heavily over the past year, the ASX wine share looks like a recovery play rather than a broken business. And sometimes, that is where the most interesting long-term opportunities emerge.

The post 3 high-quality ASX shares to buy this week appeared first on The Motley Fool Australia.

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Motley Fool contributor Marc Van Dinther 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, Life360, and Treasury Wine Estates. The Motley Fool Australia has positions in and has recommended Life360 and Treasury Wine Estates. 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.