Top brokers name 3 ASX shares to buy next week

It was another busy week for Australia’s top brokers. This has led to the release of a number of broker notes.

Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think these ASX shares are in the buy zone:

DroneShield Ltd (ASX: DRO)

According to a note out of Bell Potter, its analysts have retained their buy rating on this counter-drone technology company’s shares with a reduced price target of $4.80. This follows the release of full-year results that were a touch short of expectations. This was due to a weaker-than-expected gross margin. Nevertheless, Bell Potter remains very positive on the investment opportunity here. The broker highlights that the company has a market-leading offering and a strengthening competitive advantage owing to its years of battlefield experience and large and focused R&D team. Bell Potter is also predicting 2026 to be an inflection point for the global C-UAS industry with a wave of spending on solutions. As a result, it believes DroneShield should see material contracts flowing from its $2.3 billion potential sales pipeline over the next three to six months. The DroneShield share price ended the week at $3.62.

Guzman Y Gomez Ltd (ASX: GYG)

A note out of Macquarie reveals that its analysts have retained their outperform rating on this quick service restaurant operator’s shares with a trimmed price target of $27.30. This follows the release of a half-year result that missed consensus estimates due to another poor performance in the United States market. Macquarie is looking beyond this. It believes the long-term outlook for the Australian business is positive. And while there is uncertainty for the US business, it isn’t overly concerned, noting that management has the option for closing the business if the losses continue. In light of this, it feels that recent share price weakness has created a buying opportunity for investors. The Guzman Y Gomez share price was fetching $19.30 at Friday’s close.

Woodside Energy Group Ltd (ASX: WDS)

Analysts at Morgans have retained their buy rating on this energy giant’s shares with an improved price target of $30.50. According to the note, the broker was pleased with Woodside’s FY 2025 result. It notes that its profit and dividends were ahead of expectations. The good news is that Morgans sees further upside potential ahead from a recovering oil price and the successful execution of new projects. The broker also believes there’s potential for a production guidance upgrade in FY 2026 if everything runs smoothly. The Woodside share price was trading at $28.31 on Friday.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

More reading

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• Brokers name 3 ASX shares to buy today
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Motley Fool contributor James Mickleboro has positions in Woodside Energy Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended DroneShield and Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.