It’s been another painful session for investors in WiseTech Global Ltd (ASX: WTC) shares.

The logistics software company’s shares tumbled 7% on Thursday to $31.48. That leaves the stock down almost 73% over the past year and close to $90 below its peak.

After such a dramatic collapse, investors are asking an obvious question: could WiseTech shares really recover from here?

Why the shares have crashed

The sell-off hasn’t been driven by a collapse in demand.

WiseTech’s flagship CargoWise platform remains one of the world’s leading logistics software solutions, used by freight forwarders, customs brokers, and supply chain operators globally. The business continues to benefit from the long-term shift towards digitising global trade.

Instead, governance concerns have weighed heavily on sentiment. Questions surrounding founder and executive chairman Richard White first emerged late last year and have continued to overshadow the company’s operational performance.

More recently, media reports that the Australian Federal Police is investigating White over alleged trafficking matters have added fresh uncertainty.

WiseTech responded by stating the reported investigation relates to White in his personal capacity.

Results could be a turning point

The next major catalyst arrives with WiseTech’s FY26 results next month.

Earlier this year, management reaffirmed guidance for revenue of US$1.39 billion to US$1.44 billion, representing growth of 79% to 85%.

The company also expects EBITDA of US$550 million to US$585 million, up between 44% and 53% on FY25.

If WiseTech meets or exceeds those targets, investors in WiseTech shares may start shifting their focus back to the company’s underlying growth rather than governance issues.

Brokers still see substantial upside

Despite the collapse, several brokers remain optimistic. Citi recently retained its buy rating, although it reduced its 12-month price target to $52 from $65.65. Even after the downgrade, that implies gains of more than 65% from current levels.

Bell Potter is even more bullish. The broker also has a buy rating and a $71.75 price target, implying the shares could more than double over the next 12 months.

Bell Potter believes WiseTech has largely missed the recent rally in ASX technology stocks because of company-specific headwinds. However, it expects those issues to gradually fade, beginning with the appointment of Raelene Murphy as chair.

Foolish takeaway

WiseTech’s underlying business continues to deliver strong growth, but governance concerns have dominated the investment story.

Whether the shares recover will likely depend less on revenue growth, which remains robust, and more on whether management can rebuild investor confidence.

Some brokers believe the upside could be enormous. Even so, after one of the ASX’s biggest share price collapses, investors should expect the road to recovery to remain volatile.

The post WiseTech shares have crashed 73%. Is this the buying opportunity of the decade? appeared first on The Motley Fool Australia.

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Motley Fool contributor Marc Van Dinther has positions in WiseTech Global. 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.

Superannuation can be a great place to build passive income for retirement.

The tax settings can be attractive, the investment time horizon is long, and investors have the ability to reinvest returns for years before they need to draw on the money.

But how much would someone actually need in superannuation to target a $3,000 monthly passive income?

Let’s break it down.

How much is $3,000 per month?

A $3,000 monthly passive income works out to $36,000 per year.

That could make a meaningful difference in retirement. It could help cover groceries, insurance, bills, travel, healthcare, or provide extra breathing room alongside the Age Pension or other income sources.

To achieve this, the amount needed in superannuation depends on the dividend yield generated by the portfolio.

A simple way to estimate it is to divide the annual income target by the portfolio yield.

How much superannuation is needed?

If a superannuation portfolio generated a 3% yield, an investor would need around $1.2 million to earn $36,000 per year in passive income.

At a 4% yield, the required balance falls to around $900,000. A portfolio yielding 5% would need approximately $720,000, while a 6% yield would require about $600,000.

That is a wide range, but it shows how much the yield changes the equation.

A lower-yielding portfolio may require more capital, but it could offer stronger growth or lower income risk. A higher-yielding portfolio can make the income target look easier, but it may come with greater risk.

Should you aim for the highest yield?

It can be tempting to focus only on the biggest dividends.

But that can be a mistake. A very high dividend yield can sometimes be a warning sign. The market may be expecting the dividend to fall, or the company could be facing pressure from weaker earnings, debt, regulation, lower commodity prices, or a difficult cycle.

The best approach is arguably to think about income that is sustainable. That means looking for ASX shares with reliable cash flow, manageable payout ratios, robust balance sheets, and business models that can keep supporting dividends over time.

It is important to remember that a $3,000 monthly passive income target is not just about getting paid next year. It is about building an income stream that can last through retirement.

What ASX shares could help?

ASX shares can be attractive inside superannuation because many pay dividends and some offer franking credits.

Lower-yielding blue chips such as Wesfarmers Ltd (ASX: WES), Woolworths Group Ltd (ASX: WOW), and Washington H. Soul Pattinson and Co Ltd (ASX: SOL) may be good options for investors who want quality and long-term dividend growth potential.

Shares such as Telstra Group Ltd (ASX: TLS), APA Group (ASX: APA), and Transurban Group (ASX: TCL) can provide exposure to telecommunications and infrastructure-style cash flows.

Property trusts such as Charter Hall Long WALE REIT (ASX: CLW) and Charter Hall Retail REIT (ASX: CQR) can also play a role. And investors willing to accept more cyclicality might look at names such as Harvey Norman Holdings Ltd (ASX: HVN) or Universal Store Holdings Ltd (ASX: UNI), which can offer attractive fully franked dividends when trading conditions are supportive.

Foolish takeaway

Aiming for $3,000 per month in passive income from superannuation is achievable, but the required balance depends heavily on the portfolio yield.

At a 5% yield, the rough target is around $720,000. At 6%, it falls to around $600,000.

The best answer may sit somewhere between growth and income. A portfolio that combines quality dividend shares, infrastructure, property income, and some dividend growth potential could give retirees a better chance of building an income stream that lasts.

The post How much is needed in superannuation to target a $3,000 monthly passive income? appeared first on The Motley Fool Australia.

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• 3 shares with above-average dividend yields to supplement your superannuation

Motley Fool contributor James Mickleboro has positions in Universal Store and Woolworths Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Transurban Group, Washington H. Soul Pattinson and Company Limited, and Wesfarmers. The Motley Fool Australia has positions in and has recommended Apa Group, Charter Hall Retail REIT, Harvey Norman, Telstra Group, Transurban Group, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended Universal Store and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Trying to keep up with Zip Co Ltd (ASX: ZIP) shares has become a challenge even for seasoned investors.

The buy now, pay later (BNPL) stock finished Wednesday down 5% to $2.65. That leaves the shares down around 15% over the past five trading days, 19% for the year to date, 10% over the past 12 months, and roughly 45% below their October peak.

So, what’s behind the wild swings, and what should investors be watching next?

The business is improving

Despite the volatile share price, Zip’s underlying business is arguably in the strongest position it has been in for several years.

The company is growing again, profitability is improving, analysts have become more constructive, and management continues to buy back shares under its $50 million on-market buyback program.

Just as importantly, investors are now paying closer attention to earnings rather than simply transaction growth.

That shift has worked in Zip’s favour as stronger revenue increasingly translates into higher profits.

Strong momentum continues

Zip delivered another solid operating update in the third quarter of FY26. Transaction volume rose 22.4% to $4 billion, while total income climbed 20.2% to $335.2 million.

The standout figure was cash EBITDA, which surged 41.5% to a record $65.1 million. Operating margins also expanded to 19.4%. The stronger performance prompted management to lift FY26 cash EBITDA guidance to at least $260 million.

Much of that momentum continues to come from the United States. US transaction volumes and revenue both increased more than 43% in US dollar terms during the quarter, while active customer numbers grew 9%.

Those figures suggest Zip is continuing to win new customers while existing users remain highly engaged.

One key risk remains

Not everything is moving in the right direction. Bad debts remain the biggest concern for investors. Group net bad debts increased to 1.93% of transaction volume during the third quarter, up from 1.64% a year earlier.

Encouragingly, management of Zip shares noted that US net bad debts remained stable at 1.86% and expects them to decline below 1.75% during the fourth quarter.

If that happens, it would provide further evidence that Zip can continue growing without sacrificing credit quality.

All eyes on August

The company’s next trading update on 20 August could prove pivotal.

Investors in Zip shares will be looking for continued growth in transaction volumes, another improvement in profitability, and confirmation that bad debts are moving lower.

Foolish takeaway

Zip shares remain volatile, but the company’s fundamentals are moving in the right direction.

Improving earnings, strong US growth, and ongoing share buybacks are encouraging signs.

However, with credit quality still under close scrutiny, the next earnings update could determine whether Zip’s next recovery can start, or whether the recent volatility has further to run.

The post Zip shares are going wild. What investors need to know appeared first on The Motley Fool Australia.

More reading

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• Could US expansion send Zip shares soaring further?
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• Top brokers name 3 ASX shares to buy next week

Motley Fool contributor Marc Van Dinther 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.