WiseTech Global Ltd (ASX: WTC) shares are heading north on Tuesday.

At the time of writing, the WiseTech share price is up 3.17% to $44.87.

Today’s rise continues what has been a strong turnaround over the past month, with the logistics software stock climbing around 50% over that period.

There is still a long way to go, though. WiseTech shares remain down around 35% since the start of 2026 and are trading more than 60% below their 52-week high of $115.75.

And investors have another development to digest today after the company announced a new appointment to its board.

Let’s dive right in!

WiseTech adds another independent director

WiseTech announced this morning that Tim Ebbeck will join the board as an independent non-executive director from 1 September.

He will also become chair of the Audit & Risk Committee and join the People & Remuneration Committee and Nomination Committee.

Ebbeck has spent much of his career in senior technology and finance roles. He has previously led Oracle Australia and New Zealand and SAP Australia and New Zealand, while also holding senior positions at NBN Co and ANZ Group Holdings Ltd (ASX: ANZ).

WiseTech chair Raelene Murphy said his experience across technology, financial management, and governance would further strengthen the board.

The appointment forms part of an ongoing board renewal program. Once Ebbeck joins, WiseTech will have 5 independent non-executive directors and 2 executive directors.

However, there is another part of today’s announcement that caught my attention.

An interesting AustralianSuper connection

As reported in The Australian, Ebbeck currently serves as a nominee non-executive director and senior adviser to AustralianSuper.

That connection stands out because AustralianSuper was previously one of WiseTech’s major shareholders before selling its entire $580 million stake in March 2025.

The super fund said at the time that it could not get “sufficient comfort” around WiseTech’s governance following several months of board and management upheaval.

AustralianSuper also wanted to see a sensible transition plan around founder Richard White’s role and said it could reconsider its position if circumstances changed.

There’s nothing in today’s announcement to suggest AustralianSuper is looking to buy back into WiseTech. Still, appointing one of its senior advisers to the board is noteworthy given the fund’s previous concerns.

WiseTech shares continue to recover

Today’s gain continues the recent recovery, although the past week has been far from quiet.

WiseTech shares fell 8.7% to $39.58 last Wednesday after the ACCC executed a search warrant at the company’s headquarters.

The warrant forms part of an investigation into alleged breaches of competition law relating to the supply of global logistics services and software. WiseTech said it intends to fully cooperate with the investigation, which remains ongoing.

Despite that setback, the shares have quickly recovered and are now trading above where they were before the announcement.

The rebound has been impressive, but investors still have plenty to weigh up.

Much of the attention now turns to WiseTech’s financial results, which are due to be released tomorrow.

The post Why WiseTech shares are pushing higher again on Tuesday appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras 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.

The MyState Ltd (ASX: MYS) share price is in focus today after the company reported a strong FY26 result, highlighted by a 41.2% lift in underlying net profit after tax to $58.3 million and an improved earnings mix from higher-return businesses.

What did MyState report?

• Underlying NPAT up 41.2% to $58.3 million (up 22% pro forma)
• Statutory NPAT rose 58% to $56.2 million
• Total operating income climbed 37.1% to $255.9 million
• Core earnings jumped 43.9% to $85.8 million
• Final dividend of 12.5 cents per share, fully franked (full-year 24.5 cps, up 3.0 cps)
• Home loan book increased 5.8% to $13.6 billion; customer deposits grew 4.0% to $10.6 billion

What else do investors need to know?

MyState moved to a single banking licence in December 2025, streamlining operations and capital management. Integration of its acquisitions delivered $11.8 million in run-rate synergies so far, and the company remains confident of reaching its synergy targets by FY28.

Management raised integration investment slightly to support a new AI-enabled core banking platform, aiming to drive ongoing efficiency, flexibility, and growth. Asset quality was strong, with 90-day home loan arrears improving from 0.44% to 0.32%. The group remains well-capitalised for future investments.

What did MyState management say?

Managing Director and CEO Brett Morgan said:

FY26 is our first full-year as a merged Group and I’m very proud of the way the team has come together, executed on our key priorities with discipline, delivered strong financial outcomes and continued serving our customers with care and commitment. I’m very pleased with our financial performance, with Underlying NPAT increasing 41%. We are seeing clear benefits from scale, reflected in strong income growth, disciplined cost management and an increasing contribution from higher-returning businesses. Together, these factors have improved the quality, sustainability and resilience of our earnings.

What’s next for MyState?

Looking ahead, MyState will continue to focus on integrating its businesses and rolling out its new banking technology platform. Management expects further efficiencies from consolidating systems and operating as a single retail brand, supporting long-term growth.

The company’s strong capital position and diversified earnings base put it in a good spot to keep executing on its strategy. Shareholders can expect ongoing focus on cost control, digital transformation, and delivering long-term value.

MyState share price snapshot

Over the past 12 months, MyState shares have risen 16%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

View Original Announcement

The post MyState FY26 earnings: Strong profit growth and integration wins appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart 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. 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.

Woodside Energy Group Ltd (ASX: WDS) shares are climbing higher again on Tuesday.

At the time of writing, the ASX energy shares are up around 1% and changing hands for $33.82 a piece. 

Today’s increase means the shares are now up around 43% for the year to date and 26% higher than 12 months ago.

The update comes as Woodside posted its first-half FY26 results this morning.

The company reported a 13% increase in operating revenue, a 27% increase in NPAT, a 7% increase in underlying NPAT, and a huge increase in free cash flow to US$352 million.

The strong result saw management declare a fully-franked interim dividend of 57 US cents per share.

Woodside also reaffirmed its full-year FY26 production and capital expenditure guidance. The company expects to complete key projects, including Scarborough, Trion, and Louisiana LNG, in line with previously announced timelines. 

Woodside shares have rocketed higher in 2026

The oil and gas giant’s shares have enjoyed an incredible rally through 2026 so far.

A key driver has been major oil supply concerns and volatility around conflict in the Middle East.

The US and Iran have shown new signs of reaching a potential agreement. But each time it looks like conflict is calming down, it quickly returns. The region is highly volatile, and the movement of oil from the area will continue to be uncertain until a resolution is reached. 

Shipping disruptions and production cuts pushed crude oil prices to a multi-year high of around US$113 per barrel in April, according to Trading Economics data. While the price of oil softened in June and early July, it is now trading back up at around US$85 per barrel.

What do the experts tip for the shares over the next 12 months?

It looks like brokers now think the oil major’s shares are trading around fair value. In fact, some are tipping a downside over the next 12 months.

Market Index data shows the majority of brokers have a hold rating on Woodside shares. But the $28.52 average target price now implies a potential 17% downside ahead, at the time of writing.

TradingView data is a little more positive. Out of 16 analysts, eight have a buy/strong buy rating, seven have a hold rating, and 1 rates the stock as a sell.

The average $32.31 target price implies a potential 5% downside, at the time of writing. 

But the difference between the maximum and minimum target price is significant. Some forecast the shares to climb about 29% to $43.47 over the next 12 months. But others think Woodside shares have the potential to fall up to 26% to $25.01, at the time of writing.

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

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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 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.