Why Gentrack, Kogan, Webjet, and WiseTech shares are pushing higher today

The S&P/ASX 200 Index (ASX: XJO) is having a tough finish to the week. In afternoon trade, the benchmark index is down 1.45% to 8,429.7 points.

Four ASX shares that are not letting that hold them back are listed below. Here’s why they are rising:

Gentrack Group Ltd (ASX: GTK)

The Gentrack share price is up 7.5% to $6.82. This morning, this billing software company revealed that its new g2 platform has been selected to enhance operations and customer experience at Pennon Water Services. It is one of the UK’s leading business water and wastewater retailers. This marks the first customer to adopt g2 in the UK, and the first g2 water implementation. In other news, Bell Potter reaffirmed its buy rating on Gentrack’s shares with a reduced price target of $9.80. It said: “We are positive on secular tailwinds in decentralised energy driving utility billing stack transformations broadly.”

Kogan.com Ltd (ASX: KGN)

The Kogan share price is up over 1% to $3.03. Investors have been buying this online retailer’s shares following the release of an update at its annual general meeting. Kogan revealed that in the first four months of FY 2026, adjusted EBITDA was $10.1 million with a margin of 6.5%. The latter is within its guidance range of 6% to 9%.

Webjet Group Ltd (ASX: WJL)

The Webjet share price is up over 2% to 91 cents. This has been driven by news that the online travel agent has received another takeover offer. Helloword Travel Ltd (ASX: HLO) made an offer of 90 cents per share earlier this week, but this morning BGH Capital has joined the bidding with a 91 cents per share proposal. In response, the company said: “After carefully considering the revised BGH proposal, the Webjet board has agreed with BGH’s request to provide BGH with an opportunity to conduct due diligence, subject to the parties agreeing to a mutually acceptable non-disclosure agreement.”

WiseTech Global Ltd (ASX: WTC)

The WiseTech Global share price is up 4% to $66.82. This morning, this logistics solutions technology company released its annual general meeting update and reaffirmed its guidance for FY 2026. WiseTech’s new CEO, Zubin Appoo, said: “Looking ahead, we reconfirm our guidance and expect revenue between $1.39 and $1.44 billion and EBITDA of $550 to $585 million. As outlined when we announced our FY25 Results in August, the e2open integration will temporarily impact margins – and that is exactly as planned. We have a clear execution roadmap, backed by more than three decades of successfully integrating strategic acquisitions and rebuilding margin strength. We know how to do this.”

The post Why Gentrack, Kogan, Webjet, and WiseTech shares are pushing higher today appeared first on The Motley Fool Australia.

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• Why are ASX 200 tech stocks getting smashed on Friday?
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• 3 ASX shares I’d buy with $20,000 today

Motley Fool contributor James Mickleboro has positions in WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Gentrack Group, Kogan.com, and WiseTech Global. The Motley Fool Australia has positions in and has recommended Gentrack Group and WiseTech Global. The Motley Fool Australia has recommended Kogan.com. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.