Hansen Technologies Ltd (ASX: HSN) shares are slightly more than 40% down over the past 12 months, but following their full year results broker Shaw and Partners is predicting some serious upside for the ASX 300 stock.

Shaw and Partners has a buy recommendation on the shares and a very bullish share price target which I’ll get to shortly.

First, let’s look at what the company reported recently.

Strong profit result from steady revenue

Hansen earlier this week reported operating revenue of $386.5 million, down 1.5%, with the company saying the result was impacted by lower licence fees and foreign exchange headwinds.

Underlying net profit was strong however, coming in 22.5% higher than the previous corresponding period at $48.5 million.

Hansen Chief Executive Officer Andrew Hansen said regarding the result:

FY26 demonstrated the resilience of Hansen’s business model. In a more cautious environment, we have remained focused on disciplined execution, protecting earnings quality while continuing to invest for long-term growth. What we have seen during the year, with regards to revenue, is primarily caused by mix and foreign exchange. We continue to have a solid pipeline of demand for our products and services. Our recurring revenue base continues to improve, providing stability and visibility through the cycle. AI is increasingly driving productivity, operating leverage and long-term margin expansion.

The company said AI had been a large focus, and an AI enablement team had been set up to drive capability across the workforce.

Hansen said it was now, “shifting from capability building to the deployment and commercialisation of AI solutions that deliver measurable value for customers and shareholders”.

On the corporate front, the company said its strong cash generation and conservative balance sheet provided flexibility to pursue accretive opportunities.

Hansen Technologies shares looking cheap

Shaw and Partners said in a note to clients following the result, that it was a better result than the headline numbers indicated.

They said:

Key takes: 1) FY26 was stronger underneath the headline, with improving recurring revenue mix, disciplined costs and record cash generation; 2) FY27 is now a transition/investment year as licence revenue shifts to recurring streams and HSN reinvests in AI and sales, with growth and 30%+ margins expected to return in FY28; and 3) Stuart MacDonald’s appointment as CEO adds a credible new growth lens.

Shaw and Partners reiterated their buy rating but reduced their 12-month price target on Hansen shares from $7.60 to $6.80.

This compares to $3.26 currently. Hansen Technologies is valued at $869.2 million.

The post This ASX 300 technology stock is tipped to double in the next 12 months appeared first on The Motley Fool Australia.

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• Hansen Technologies appoints new CEO as Andrew Hansen becomes Executive Chair

Motley Fool contributor Cameron England 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.

The Fortescue Ltd (ASX: FMG) share price is having a bit of a wild ride today.

Shares in the S&P/ASX 200 Index (ASX: XJO) mining giant closed trading yesterday for $18.06. In morning trade on Thursday, shares have been swinging between losses and gains.

At one point, shares were down 2.1% at $17.68 each. At the time of writing, shares have recouped those losses to be changing hands for $18.20 apiece, up 0.8%.

For some context, the ASX 200 is up 0.4% at this same time.

This wild ride for the Fortescue share price follows the release of the miner’s full-year FY 2026 results.

Here’s what’s grabbing investor interest.

Fortescue share price swings back in the green on earnings growth

Over the 12-month period, Fortescue reported revenue of US$17 billion, up 9% from FY 2025. Management credited the revenue boost to the 7% increase in the hematite (iron oxide mineral) realised price to US$91 per dry metric tonne (dmt) and a 2% increase in iron ore sales to 201.4 million tonnes.

But costs were up too, with the hematite C1 unit cost of US$18.74 per wet metric tonne (wmt) up 4% year on year.

Likely helping lift the Fortescue share price today, the company achieved a 9% increase in underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) to US$8.6 billion.

And underlying net profit after tax (NPAT) was up 3% from FY 2025 to US$3.5 billion.

Potentially explaining the volatile price swings, statutory NPAT of US$2.9 billion was down 15%, reflecting a US$525 million non-cash impairment charge relating to Iron Bridge, and a US$73 million compensation claim expense.

The passive income declined as well, with management declaring a fully-franked dividend of 46 cents per share, down 23.3% from last year’s final payout.

What did management say?

Commenting on the results rocking the Fortescue share price today, Fortescue Metals and Operations CEO Dino Otranto said:

Our record operating performance this year underpinned a 9% increase in underlying EBITDA and a 25% increase in free cash flow.

We invested US$3.6 billion across the business and finished the year with US$5.1 billion in cash and net debt of just US$0.9 billion. That puts us in a strong position to continue investing in growth while delivering returns to shareholders.

And Fortescue is tapping into the artificial intelligence revolution to further ramp up productivity.

“We’re also continuing to look for ways to lift productivity and get more from our assets,” Otranto said.

He noted:

AI is one of our biggest opportunities to create value and has the potential to change almost every aspect of how we operate. We’re already putting it to work across drilling, processing, rail and haulage, and using it to optimise how we generate, store and use energy across our Green Grid.

And this is just the start. Autonomy changed how we operated and helped drive our costs down. We see AI doing the same – but on a much broader scale.

With today’s intraday moves factored in, the Fortescue share price is down 6.4% since this time last year, not including dividends.

The post Why is the Fortescue share price on a rollercoaster today? appeared first on The Motley Fool Australia.

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• Reporting season half-time report: 5 lessons from August so far
• If I invest $10,000 in Fortescue shares, how much passive income will I receive in 2027?

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.

After a slow start to 2026, the ASX has found some momentum in recent months. 

A more optimistic outlook for conflict in Iran, cooling inflation and halted interest rates are shifting market conditions back towards growth shares. 

For investors looking to beat the market in the new financial year, there are several ASX ETFs that could be poised for strong growth. 

Here are three I would be watching closely. 

Betashares Global Robotics And AI ETF (ASX: RBTZ)

This ASX ETF invests in companies involved in industrial robotics and automation, non-industrial robots, humanoid technology, robotics-focused AI and unmanned vehicles and drones.

Artificial intelligence is becoming a bigger driver of the US economy than consumer spending, according to Nasdaq Chief Economist Phil Mackintosh. 

Mackintosh said the extraordinary wave of investment in AI is reshaping both economic growth and financial markets.

We’ve kind of pivoted away from the consumer being the real driver of growth in the US economy. The consumer has been slowing in the US. What’s been replacing it though is all the build-out of AI.

This bodes well for the future of ASX ETFs like this one from Betashares, which targets leading global companies involved in the production or use of robotics and robotics-focused AI products and services.

AI is largely underrepresented here in Australia, which makes this fund appealing to investors looking to capture the high growth potential from international companies. 

Betashares S&P ASX Australian Technology ETF (ASX: ATEC)

Thanks to the large AI sell-off in early 2026, many Australian technology companies still remain undervalued. 

This may have created a unique opportunity for growth investors that believe these shares can bounce back. 

The ATEC fund remains down 28% over the last 12 months, but with headwinds easing, it could be a winner over the next 12 months. 

This ASX ETF aims to track the performance of the S&P/ASX All Technology Index (before fees and expenses). 

The Index provides exposure to leading ASX-listed companies in a range of tech-related market segments such as information technology, consumer electronics, online retail and medical technology.

Global X Fang+ ETF (ASX: FANG)

This fund from Global X is another high-growth opportunity. 

It seeks to invest in companies at the leading edge of next-generation technology that includes household names and newcomers.

This includes companies in areas such as artificial intelligence, cloud computing, digital advertising, ecommerce, electric vehicles, social media, and streaming.

All the underlying holdings are US-based, offering another option for investors seeking international diversification.

It has enjoyed strong momentum since late March, rising more than 20% in that span. 

The post 3 growth focussed ASX ETFs that could beat the market in FY27 appeared first on The Motley Fool Australia.

More reading

• 5 amazing ASX ETFs for Australian investors in August
• 5 excellent ASX ETFs to buy with $5,000 in August
• Why I rate these ASX ETFs as buys in August
• Why millions of Aussies are switching to ASX ETFs

Motley Fool contributor Aaron Bell 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.