On Monday, the S&P/ASX 200 Index (ASX: XJO) started the week in a positive fashion. The benchmark index rose 0.5% to 9,103.1 points.

Will the market be able to build on this on Tuesday? Here are five things to watch:

ASX 200 to rise

The Australian share market looks set for a decent session on Tuesday despite a poor night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 13 points or 0.15% higher. In the United States, the Dow Jones rose 0.25%, but the S&P 500 dropped 0.3% and the Nasdaq fell 0.75%.

ASX 200 results

A number of popular ASX 200 shares will be releasing their respective results. Among the big names releasing results are supermarket giant Coles Group Ltd (ASX: COL), engineering company Monadelphous Group Ltd (ASX: MND), and energy giant Woodside Energy Group Ltd (ASX: WDS). 

Oil prices decline

ASX 200 energy shares Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a poor session on Tuesday after oil prices tumbled overnight. According to Bloomberg, the WTI crude oil price is down 2.4% to US$84.95 a barrel and the Brent crude oil price is down 2.55% to US$91.98 a barrel. Oil prices declined even after the U.S. rolled out its toughest-ever sanctions campaign against Iran.

Gold price rises

ASX 200 gold shares including Genesis Minerals Ltd (ASX: GMD) and Capricorn Metals Ltd (ASX: CMM) could have a good session after the gold price rose overnight. According to CNBC, the gold futures price is up 0.6% to US$4,709.2 an ounce. The precious metal’s rally continues ahead of the release of US inflation data.

Hold PLS shares

PLS Group Ltd (ASX: PLS) shares jumped on Monday following the release of the lithium miner’s FY 2026 results. The team at Bell Potter thinks that its shares may have now peaked. This morning, the broker has retained its hold rating with an improved price target of $5.20 (from $4.70). It said: “We maintain our Hold recommendation. At current lithium market prices, PLS will generate substantial earnings and cash flow with the restart of the 200ktpa Ngungaju processing plant. P2000 and Colina development studies are being progressed, providing substantial organic growth optionality in markets with strong underlying EV and BESS-led long term demand fundamentals.”

The post 5 things to watch on the ASX 200 on Tuesday appeared first on The Motley Fool Australia.

More reading

• 2 ASX shares that could rise up to 45% following earnings results 
• The average superannuation balance for 50-year-olds in Australia in FY27. How does yours compare?
• Here are the top 10 ASX 200 shares today
• Everything you need to know about the PLS Group dividend
• Why PLS, Bendigo Bank and Ampol shares are turning heads on Monday

Motley Fool contributor James Mickleboro has positions in Woodside Energy Group Ltd. 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.

As earnings season rolls on, brokers are adjusting their outlooks on numerous ASX shares. 

Two that have just received renewed buy ratings are Genesis Minerals Ltd (ASX: GMD) and DigiCo Infrastructure REIT (ASX: DGT). 

Genesis Minerals is an Australian gold mining, project development, and exploration company.

Meanwhile, DigiCo is a data center REIT and developer operating across Australia and North America.

These ASX shares have performed very differently over the past 12 months. Genesis has risen over 100%, while DigiCo has fallen by 21% over the same span. 

Despite this varying performance, brokers see upside for both ASX shares. 

DigiCo a bounceback candidate

The team at Morgans provided updated guidance on this REIT following the release of its full-year results late last week. 

The company reported FY26 underlying EBITDA of $127 million, surpassing its $125 million guidance, and declared a 12.0 cent per security distribution, in line with its forecast.

The broker said the reported signed Letters of Intent (LOIs) would take the Australian portfolio to full capacity – a strong demand signal that de-risks management’s pathway to $250m of EBITDA. 

However the ramp-up in earnings is back-ended, hence FY27 guidance was ~8% below MorgansF and ~13% below Consensus. Liquidity of ~$1.2bn funds the ~$1.2bn capex bill, with management calling out no need for additional equity. We still see clear value, but the cashflows are pushed out – this is now an FY28-into-FY29 story. Target price unchanged at A$3.60; reaffirm BUY.

From yesterday’s closing price of $2.48, this price target indicates more than 45% upside. 

Genesis Minerals had a “transformative” year

Following the release of FY26 results last week, the team at Bell Potter retained its buy recommendation on these ASX shares. 

Genesis doubled EBITDA and paid its maiden dividend in FY26, as profit and cash soared on the back of stronger gold production.

According to Bell Potter, the company delivered FY26 revenue of A$1.74bn and NPAT of A$602m, broadly ahead of expectations, although EBITDA of A$803m was 20% below estimates due to higher costs and lower realised gold prices. 

Production was solid, while the company maintained a strong net cash position of A$217m and declared its maiden fully franked dividend of 5.0cps. 

FY26 was a transformative year for GMD, acquiring Magnetic and Vault (pending) that will transition GMD to a top 3 gold producer capable of producing 600-700kozpa. We view FY27 as the build year with standalone guidance as a placeholder for the Strategic Plan in 1H2027, where the long-term production and costs figures will be released.

Bell Potter has an updated price target of $9.00 on these ASX shares, which is 5% higher than current levels. 

The post 2 ASX shares that could rise up to 45% following earnings results  appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Tuesday
• The fantastic dividend stock with upside investors should be targeting this week
• Why Bell Potter rates these ASX dividend shares with 5% to 8% yields as buys
• Top brokers name 3 ASX shares to buy next week
• 3 ASX 200 gold stocks jumping higher on big news today

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.

Shares in ASX financial stock Moneyme Ltd (ASX: MME) are down more than 40% over a 12-month period, but after solid growth in lending numbers, Morgans is predicting some serious upside.

Company closing in on profitability

Last week, Moneyme released its full-year financial results, which showed that the company’s loan book increased by 34% to $2.08 billion, with record originations during the year, up 34% to $1.23 billion.

The company’s normalised net loss narrowed to $4.1 million from $15.5 million the previous year. Pleasingly, the company actually made money in the second half, booking a $500,000 profit.

Moneyme said its proprietary AI product was now delivering benefits across credit decision-making, customer service, finance, marketing and creative production.

Moneyme Managing Director Clayton Howes said of the result:

FY26 marked an important inflection point for Moneyme. We demonstrated that our strategy is delivering, growing the loan book to more than $2bn while improving credit quality, strengthening margins and returning to positive Normalised NPAT in the second half. These results show the operating leverage in our business is beginning to emerge. The investments we’ve made over recent years in technology, AI, funding, and risk management are now translating into stronger earnings quality and improved returns as the business continues to scale.

Mr Howes said the company entered FY27 with multiple growth levers and a larger, higher quality loan book.

The company said on the outlook:

We provide guidance for FY27 on an average loan portfolio of ~$2.2bn, our Normalised NPAT is expected to result in a positive range between breakeven and $7m. The Group will continue to invest in AI, brand and marketing, product expansion and direct channel growth to increase scale and operating leverage. Credit cards and white-label partnerships are expected to contribute to the returns profile of the business when these portfolios scale.

Moneyme shares looking cheap broker says

In a note to clients, Morgans suggested Moneyme was well-positioned.

The broker said:

MME has delivered consistent book growth over the medium term and we believe its innovative product suite, targeting niche under-serviced markets, has the potential to further drive topline growth. Whilst now cash profitable, given the pivot of the business to a more normalised book growth rate, we note some near-term risks. We also note that the stock trades at a discount versus our valuation of $0.21 and hence we retain a SPECULATIVE BUY recommendation but flag some continued risks such as: 1) ongoing macro uncertainty/volatility; and 2) softening consumer demand and interest rate pressures more generally. As such, we note this is an investment for the more risk tolerant investor.

Moneyme shares are currently changing hands for 7.2 cents. The company is valued at $57.7 million.

The post This ASX financial stock could more than double: Morgans appeared first on The Motley Fool Australia.

More reading

• 15% for 10 years: Is this ASX ETF a no-brainer buy?
• 3 great dividend stocks with 6% yields to boost passive income in FY27
• Acrow: Record revenue drives upgraded outlook
• How many CBA shares do I need to buy for $8,000 of passive income?
• One super ASX dividend share to buy with a 7% yield

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.