TPG Telecom Ltd (ASX: TPG) shares have slumped around another 0.5% to a fresh all-time low of $3.50 each in Wednesday trade.

The telco shares are now down around 9% year to date and 36% lower than this time last year.

What happened to TPG Telecom shares?

In November last year, TPG Telecom shares crashed around 33% in a single day in what was the largest one-day share-price fall in the company’s history.

The share price fell because it traded ex-dividend for a very large capital return to shareholders. 

TPG had previously sold its fibre assets and Enterprise, Government & Wholesale business to Vocus, receiving about A$4.7 billion in proceeds. It then decided to return A$3 billion of that cash to shareholders. The payment totalled A$1.61 per share.

On the ex-dividend date (13th of November), anyone buying the shares was no longer entitled to receive the A$1.61 payment. As a result, the market adjusted the share price downward by roughly the value of that distribution.

While this technically isn’t bad news for investors, it did cause a complete reevaluation of TPG Telecom’s share price value.

And one that the company has struggled to come back from.

The shares climbed gradually higher in the first quarter of 2026, but then tumbled again in May and into early June after the company released its first-half results, and investors became concerned about its outlook. 

At the time, management reaffirmed its FY26 EBITDA guidance of $1,665 million to $1,735 million (up from $1,637 million in FY25). But, they also warned that “EBITDA delivery is anticipated to be weighted to a stronger second-half performance”.

The question now is whether the company can deliver on its guidance. Can the shares stage a comeback? Or is there more downside ahead?

Here’s what the experts think.

Are the shares a buy, sell, or hold?

Analyst sentiment for TPG Telecom looks to be pretty mixed right now, but there are some bullish outlooks ahead.

Market Index data shows that the majority of brokers have a hold rating on the stock. But the $3.99 average target price implies a potential 13% upside at the time of writing. 

Analysts on TradingView are more bullish. The data shows that the majority (seven out of 13) have a buy or strong buy rating on TPG Telecom shares. Another five have a hold rating, and one rates the stock as a strong sell.

The average $4.02 target price implies a potential 15% upside ahead. Although some forecast that the shares have the potential to jump 31% higher to $4.60 a piece over the next 12 months.

JP Morgan upgraded its rating on the ASX 200 telecommunications shares last month. The broker has a hold rating and $3.70 target price on the shares, implying a small 6% potential upside ahead.

The post Can TPG Telecom shares rebound from an all-time low? appeared first on The Motley Fool Australia.

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JPMorgan Chase is an advertising partner of Motley Fool Money. Motley Fool contributor Samantha Menzies 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 JPMorgan Chase. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

WiseTech Global Ltd (ASX: WTC) shares have slipped even further into the red in Wednesday morning trade.

At the time of writing, the shares are down around 2% to $33.24.

Today’s decline means they’re now down around 51% year to date and a huge 72% below the trading levels seen this time last year.

It’s been a steep and sustained share price crash for WiseTech shares, driven mostly by a tech-sector-wide sell-off and an investor rotation to more stable assets amid global volatility earlier this year. 

Recent headwinds from following media reports that the Australian Federal Police is investigating founder Richard White over alleged trafficking matters haven’t helped investor confidence.

The company responded that the alleged investigation concerns Richard White in a personal capacity. It added that there is no suggestion in this media commentary of an investigation into WiseTech. But it didn’t stop investors rushing for the exit. 

The question now is: Can WiseTech shares keep crashing lower? Or is it time to buy the stock while it’s trading for cheap?

Here’s what the experts expect from the tech company over the next 12 months.

Buy, sell, or hold: Here’s what brokers tip for WiseTech shares

Despite the crashing share price, it looks like analyst sentiment around WiseTech shares has barely shifted over the past few months. However, some price forecasts have been cut.

Market Index data still shows the majority of brokers have a buy rating on the tech stock. At the time of writing, the $70.84 average target price implies a potential 112% upside over the next 12 months.

TradingView data shows something similar. Out of 14 analysts, 11 have a buy or strong buy rating on WiseTech shares. Another three have a hold rating. 

Their average target price is lower, at $62.75, but that still implies a potential 88% upside, at the time of writing. The more bullish analysts are tipping an enormous 246% upside to a maximum target price of $115.31.

Citi is one bullish broker that anticipates a strong recovery for WiseTech shares. The broker renewed its buy rating earlier this month but cut its 12-month target significantly to $52, down from $65.65 previously.

Bell Potter also has a buy rating on the ASX 200 tech share, and a 12-month target price of $71.75. The broker said there has been a tech rally of sorts on the ASX over the past couple of months, but that WiseTech has missed out, likely due to a number of headwinds that have put investors off. The broker said, however, these negatives will start to dissipate over the coming months, starting with the recent appointment of Raelene Murphy as Chair.

My view on the ASX tech shares

I think WiseTech’s future hinges on its FY26 results next month. 

The company reaffirmed its FY26 guidance earlier this year, expecting full-year revenue of US$1.39 billion to US$1.44 billion (representing a 79% to 85% increase) and EBITDA in the range of US$550 million to US$585 million, up 44% to 53% from FY25.

If WiseTech manages to reach or exceed its upgraded guidance, I think we’ll see a turnaround in the share price.

The post Here’s what brokers tip for WiseTech shares over the next 12 months appeared first on The Motley Fool Australia.

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Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Samantha Menzies 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.

ASX uranium share Cauldron Energy Ltd (ASX: CXU) is at it again.

And by ‘it’, I mean rocketing higher.

Cauldron Energy shares closed yesterday trading for 13 cents. In late morning trade on Wednesday, shares are changing hands for 14.5 cents apiece, up 11.5%.

For some context, the S&P/ASX Small Ordinaries Index (ASX: XSO) is up 0.6% at this same time.

With today’s intraday gains factored in, the junior ASX uranium share cements its place as a 10-bagger-plus. (That’s a stock that returns at least 10-times your original investment within a relatively modest time frame.)

Indeed, 12 months ago, you could have picked up Cauldron Energy shares for just 0.9 cents each. Meaning the stock has gained a jaw-dropping 1,511.1%.

Or enough to turn a $10,000 investment into $161,111.

In one year!

The miner has been benefiting from a series of exploration successes and strategic acquisitions, along with rising uranium prices.

Now, here’s what’s stoking ASX investor interest again today.

ASX uranium share jumps on drill results

The Cauldron Energy share price is rocketing following an update on the company’s Yanrey Uranium Project, located in Western Australia.

The ASX uranium share revealed that the results it just received for the first 14 drill holes of its 2026 drill campaign have returned high-grade uranium results at the Manyingee North Deposit, within Yanrey.

Manyingee North was earlier reported to host an existing Inferred Mineral Resource Estimate of 14.9 million tonnes containing 9.8 million pounds of uranium at an average grade of 297 ppm eU3O8 (equivalent uranium oxide).

Cauldron CEO Jonathan Fisher noted that the start of the company’s drill campaign was “slightly delayed due to weather and a little slow to ramp up due to some minor technical issues (now resolved), which led us being a little later than we initially expected in getting these first results out”.

Top results from one of the drill holes included:

• 30 metres at 258.3 ppm eU3O8 from 91.62 metres
• 70 metres at 243.0 ppm eU3O8 from 94.42 metres

What did Cauldron Energy management say?

Commenting on the successful 2026 drill program launch that’s boosting the ASX uranium share today, Fisher said:

The program is now humming and from a results perspective, it’s been a great start to the 2026 drill program with all holes drilled at Manyingee North returning mineralisation, extended the mineralisation north and south to around 4 kilometres of strike, with mineralisation remaining open in all directions.

Looking ahead, Fished added:

With the extraordinary global macro thematic and all the positive news recently around the Australia India uranium arrangements and what that might possibly mean for the need to lift state restrictions and build new mines to satisfy demand, it’s a great time to be out drilling and demonstrating the prolific nature and scale of the uranium project at Yanrey.

We will keep the rig spinning and look forward to reporting the next set of results!

The post Up 1,511% in a year, guess which ASX uranium share is storming higher again on Wednesday appeared first on The Motley Fool Australia.

More reading

• The Santos share price is in the spotlight this week. Here’s why
• Why is everyone talking about Resolute Mining, Westgold and Paladin shares on Wednesday?
• Elsight delivers solid cash flow in June quarter
• Gas producer or data centre company? Why is this ASX energy share up 16%
• Can TPG Telecom shares rebound from an all-time low?

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.