Wesfarmers Ltd (ASX: WES), Mineral Resources Ltd (ASX: MIN), and Qantas Airways Ltd (ASX: QAN) shares are creating a stir today.

In morning trade, all three of the big name ASX shares are outperforming the 0.4% losses posted by the S&P/ASX 200 Index (ASX: XJO) on Thursday.

Here’s what’s catching investor interest.

Qantas shares lift on revenue growth outlook

Qantas shares are gaining altitude today, up 2.6% and trading for $9.46 apiece.

This follows the release of the ASX 200 airline’s full-year FY 2026 results.

For the 12-month period, Qantas reported a 12.7% year-on-year decline in underlying earnings per share to 96 cents.

On the bottom line, the airline achieved an underlying profit before tax of $2.06 billion, down 13.8% from FY 2025.

With profits down, management declared a fully-franked final Qantas dividend of 19.8 cents per share, down 25% from last year’s final payout.

The company estimated that the impact from the Middle East conflict has so far cost it $420 million, largely driven by higher jet fuel costs.

Despite the higher fuel costs, the company expects to see unit revenues grow by 8% to 10% in the first half of FY 2027.

Wesfarmers shares lift on dividend boost

Like Qantas shares, Wesfarmers shares are in the green today, up 0.2% and changing hands for $83.41 apiece.

The ASX 200 conglomerate – whose retail subsidiaries include Bunnings Warehouse, Kmart Australia, Officeworks, and Priceline – also reported its FY 2026 results this morning.

Highlights included a 3.4% year-on-year increase in revenue to $47.25 billion, and (excluding significant items) earnings before interest and tax (EBIT) increased by 7.3%

Wesfarmers’ free cash flow was up as well, increasing 15.8% to an impressive $3.99 billion.

On the bottom line (excluding significant items), Wesfarmers achieved a statutory NPAT of $2.87 billion, up 8.3% from FY 2025.

Management declared a fully-franked final dividend of $1.20 per share, up 9.1% from last year’s final Wesfarmers dividend.

Which brings us to…

Mineral Resources shares jump on surging cash flow

Joining Wesfarmers and Qantas shares in turning heads today, we find Mineral Resources.

At the time of writing, shares in the ASX 200 lithium miner and diversified resources producer are trading for $68.96 apiece, up 3.1%.

Investors are bidding up Mineral Resources shares after the miner posted record full-year revenue in FY 2026 of $6.5 billion. That’s up 44% from last year.  And earnings rocketed 183%, with the company reporting underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) of $2.6 billion.

This helped drive a 141% surge in FY 2026 free cash flow to $849 million.

On the bottom line, Mineral Resources shares look to be getting a lift today, with FY 2026 underlying net profit after tax (NPAT) of $822 million, up 831% from FY 2025.

And passive income investors will be pleased to see the return of the Mineral Resources dividend, suspended in the second half of 2024. The FY 2026 final fully-franked dividend works out to 83 cents per share.

The post Why Wesfarmers, Mineral Resources and Qantas shares are turning heads on Thursday appeared first on The Motley Fool Australia.

More reading

• Own Qantas shares? Here’s how much the latest dividend will pay
• Here’s what brokers tip for Wesfarmers shares over the next 12 months
• Qantas Airways share price on watch as FY26 profit dips but dividend and upgrades unveiled
• Wesfarmers posts higher earnings, lifts dividend in FY26 results
• Mineral Resources share price on watch as record earnings, dividend highlight FY26

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 positions in and has recommended Wesfarmers. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Wesfarmers Ltd (ASX: WES) shares have fallen into the red on Thursday after the conglomerate posted its FY26 results ahead of the ASX open this morning.

At the time of writing, Wesfarmers shares are down around 2% and are changing hands at $81.38 a piece.

Today’s price movement means the shares are now down around 1% for the year to date. They’re also roughly 11% lower than 12 months ago.

What is spooking investors today?

The company reported a 3.4% increase in revenue, to $47.3 million, and a 7.3% increase in EBIT. But statutory NPAT fell 1.8% to $2.8 million including significant items, or was up 8.3% excluding them. 

The result meant management was able to declare a full-year fully-franked ordinary dividend of 222 cents per share. This was a 15.8% increase from FY25.

The conglomerate saw strong performance across its major Bunnings and Kmart divisions, with earnings lifting 5.1% and 6% respectively over the 12-month period to 30th of June.

But elsewhere, Officeworks’ earnings fell 22.2%, mainly due to one-off transformation costs.

Wesfarmers’ result came in slightly ahead of the market’s $47.1 billion forecasts for revenue, and was in line with expectations for NPAT.

Going forward, Wesfarmers said it expects higher capital expenditure in FY27, of $1.3 to $1.5 billion. The increase is expected to support lithium production, store refurbishments, supply chain upgrades, and the start of a new joint venture in modular residential construction. 

Early trading in FY27 shows Bunnings’ sales growth is slightly ahead of the second half of FY26. Kmart and Officeworks have both maintained positive momentum.

It looks like investors are disappointed with the results, and some are selling up this morning.

Here’s what brokers expect from Wesfarmers shares over the next 12 months

I expect that some market experts may revise their outlook on the Wesfarmers share price in the coming days, following the results announcement.

But at the time of writing, it looks like the experts are pretty bearish about the conglomerate’s outlook.

TradingView data shows that out of 15 analysts, nine have a strong sell rating on the shares. Another five rate Wesfarmers shares as a hold, and one has a buy rating. The average target price is $77.56, implying a potential 5% downside ahead. Some are even more pessimistic, expecting the shares to crash by up to 20% to $65.10 over the next 12 months. 

The team at Morgan Stanley has a sell rating and a $79 12-month price target on the shares. The broker recently warned that the rally in discretionary spend stocks has “run ahead of fundamentals and is unlikely to prove durable”.

Tony Locantro from Alto Capital also has a sell rating on Wesfarmers shares. He thinks that much of the company’s long-term growth outlook is already reflected in the current valuation. 

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

More reading

• Wesfarmers posts higher earnings, lifts dividend in FY26 results
• 5 things to watch on the ASX 200 on Thursday
• Wesfarmers shares: Why experts are saying sell
• 5 things Warren Buffett looks for before buying ASX shares
• How much is needed in superannuation to target a $5,500 monthly passive income?

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 Wesfarmers. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The DUG Technology Ltd (ASX: DUG) share price is sinking 22% to $1.51 on Thursday despite the company reporting a 38% jump in revenue to US$86.4 million and returned to profit for FY26.

What did DUG Technology report?

• Revenue increased 38% to US$86.4 million
• Normalised EBITDA rose 78% to US$27.4 million, excluding a one-off expense
• Net profit after tax was US$2.6 million, a turnaround of US$7.0 million from FY25
• Software and HPCaaS revenue jumped to US$22.6 million, making up 26% of total revenue
• Multi-Client revenue came in at US$4.1 million, with 12 projects in the library
• Net cash from operating activities rose to US$20.9 million, up 273% year on year

What else do investors need to know?

DUG returned to profitability in FY26, with net profit after tax reaching US$2.6 million after recording a loss in the prior year. The company’s growth was broad-based, with strong performance across software, high performance computing as a service (HPCaaS), and services, particularly in emerging regions such as Brazil and the Middle East.

Investments in HPC infrastructure are already in place to support new contracts and continued growth, including a recent hardware expansion to deliver on fresh software and HPC deals. The services order book ended the year at US$33.6 million, underpinned by rising exploration activity and a healthy sales pipeline.

What’s next for DUG Technology?

Looking ahead, DUG expects continued momentum in FY27, with a full year of revenue from contracts secured in FY26 and a material software and HPC infrastructure award worth US$9.3 million. The firm has invested heavily in compute capacity over recent years, positioning it to meet growing industry demand.

DUG sees high activity levels in its core markets, supported by strong oil prices and increased exploration programs as companies seek more advanced imaging and data solutions. Management highlighted their focus on growing recurring revenue streams through software, HPCaaS, and the expanding Multi-Client business.

DUG Technology share price snapshot

The DUG Technology share price is now down 18% since the start of the year, compared to a 4% gain from the S&P/ASX 200 index (ASX: XJO).

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The post DUG Technology share price sinks 22% on FY26 results appeared first on The Motley Fool Australia.

More reading

• DUG Technology scores US$9.3m software and HPC contract

Motley Fool contributor James Mickleboro 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 recommended Dug Technology. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.are expected to be detailed in the full annual report.