The S&P/ASX 200 Index (ASX: XJO) has provided solid returns over the ultra-long term, but there are some ASX shares that could outperform the ASX 200.
We’re going to look at two ASX shares that could deliver great returns in the year ahead.
A price target suggests where experts think the share price will go over the next 12 months. Let’s look at two where analysts are expecting the share price to rise by at least 50%. That’s not a guaranteed return of course, just a prediction.
Coronado Global Resources Inc (ASX: CRN)
Coronado Global Resources describes itself as a leading international producer of high-quality metallurgical coal, which is an important aspect in the production of steel. It currently has operations in both Australia and the US.
According to CMC Invest, there have been five analyst ratings on the business within the last three months. Of those, one is a buy, and four are hold ratings. However, given that the Coronado Global Resources share price has dropped by more than 50% in 2026 to date, analysts now seem to think the business is noticeably undervalued.
The average price target of those five analysts is 31 cents, implying a possible rise of around 80% within the next year, according to CMC Invest.
Coronado recently announced that it was selling its 100% interest of the Logan Mining Complex to Phoenix Coal.
This transaction is expected to help the company’s free cash flow by reducing ongoing care, maintenance and holding costs, eliminating reclamation and other future mine obligations, and allowing Coronado to focus capital allocation on its core metallurgical coal operations.
The ASX share is also going through a structural reset to boost cash flow including a mine optimisation plan for Curragh, an improvement of fleet productivity, underground optimisation for Mammoth, and contract resets and management.
WiseTech Global Ltd (ASX: WTC)
Another ASX share that could produce good returns is WiseTech, a software provider for the logistics, global trade and supply chain industries worldwide.
It provides software for more than 22,000 logistics companies and other industry participants across 193 countries. Customers include 46 of the top 50 global third-party logistics providers and 23 of the 25 largest freight forwarders worldwide.
According to CMC Invest, within the last three months, there have been 10 analyst ratings on the business, with nine buy ratings and one hold rating.
The average price target is $67.65, suggesting an increase of more than 70% from where it is at the time of writing.
It recently jumped after announcing that Raelene Murphy would become the company’s independent chair, while Richard White will focus on his role as chief innovation officer and remain as an executive director.
White said that recent media attention on him is creating an unnecessary distraction from the strength of the WiseTech business. He also denied the allegations in the media.
WiseTech also said it continues to focus its search for an additional independent non-executive director and on long-term executive succession planning.
While the e2open acquisition created some short-term financial headwinds for the statutory net profit, the company’s organic growth remains solid. HY26 organic revenue rose 7%, organic operating profit (EBITDA) grew 7%, operating cash flow rose 14% and free cash flow increased 24%.
If it continues growing its cash flow by double digits, it could go a long way to justify the analysts’ optimism about the business.
Of course, these aren’t the only two ASX shares with a compelling outlook to watch.
The post 2 ASX shares tipped to grow 50% or more in the next 12 months appeared first on The Motley Fool Australia.
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More reading
- These ASX tech shares crashed hard. Could they double from here?
- Here are the top 10 ASX 200 shares today
- WiseTech shares surge 10% as Richard White steps back from chair role
- Are WiseTech shares ripe for a rebound?
- How to tell if an ASX share is cheap or a value trap
Motley Fool contributor Tristan Harrison 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 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.