S&P/ASX 200 Index (ASX: XJO) shares are up 0.16% to 8,810.5 points on Monday.

Among the 11 market sectors, energy is in the lead today, up 1.9%.

The technology sector is the laggard, down 1.1%.

Let’s check out some new ratings on three ASX 200 shares.

Wisetech Global Ltd (ASX: WTC)

The Wisetech share price is $33.88, down 3.1% today and down 71% over 12 months.

Bell Potter has a buy rating on this ASX 200 tech share with a 12-month target price of $71.75.

Analyst Chris Savage said: 

There has been a tech rally of sorts on the ASX over the past couple of months and this has been led by some of the large cap names including Pro Medicus Ltd (ASX: PME), Block CDI (ASX: XYZ) and Life360 Inc (ASX: 360).

One large cap which has not rallied, however, is WiseTech and this is likely due to a number of factors including further negative press reports around founder and Chief Innovation Officer Richard White, concern around the potential future loss of key customer DSV and risk around both the FY26 result and FY27 guidance and whether each meets market expectations.

In our view, however, these negatives will start to dissipate over the coming months and indeed have already commenced with
the appointment earlier this month of Raelene Murphy to Chair which we regard as a positive move.

Sigma Healthcare Ltd (ASX: SIG)

The Sigma Healthcare share price is $2.94, up 0.2% today and up 7% over 12 months.

Bell Potter has a hold rating on this ASX 200 healthcare share with a price target of $3.

Analyst John Hester said: 

… investment metrics for SIG are not sufficiently attractive to warrant a Buy rating, particularly with a single payer (the Federal Government) representing a disproportionate level of group revenue.

The Government’s propensity to alter funding arrangements on short notice with little industry consultation should elevate the risk rating on SIG.

Commonwealth Bank of Australia (ASX: CBA)

CBA shares are $172.73 apiece, up 0.6% today and down 3% over 12 months.

Morgans has a sell rating on CBA shares and just reduced its 12-month target from $119.40 to $117.63.

Analyst Nathan Lead said:

We make updates to our forecasts ahead of the FY26 result in August. Net result is 1-2% downgrades to FY27-28F EPS.

Sell retained, given stretched valuation metrics remain implied in the share price (c.26x PER, 3.7x PBV, 2.9% cash yield).

The post Buy, hold, sell: Sigma Healthcare, Wisetech Global, CBA shares appeared first on The Motley Fool Australia.

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Motley Fool contributor Bronwyn Allen 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 Block, Life360, and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Pro Medicus. The Motley Fool Australia has positions in and has recommended Life360 and WiseTech Global. The Motley Fool Australia has recommended Pro Medicus. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

S&P/ASX 300 Index (ASX: XKO) tech stock Weebit Nano Ltd (ASX: WBT) has delivered some smashing gains over the past 12 months.

In early afternoon trade on Monday, shares in the semiconductor memory technology company are changing hands for $5.62 apiece.

This sees the Weebit Nano share price up a very impressive 148.7% over the last year, racing ahead of the 1.3% 12-month gains delivered by the benchmark index.

And looking ahead, Investor Pulse’s Mark Elzayed believes the stock is well-placed to keep outperforming (courtesy of The Bull).

Here’s why.

Should I buy the ASX 300 tech stock today?

“Weebit Nano develops advanced semiconductor memory technology,” Elzayed noted late last week.

Commenting on his bullish outlook for the ASX 300 tech stock, he said:

Licensing deals with Texas Instruments and onsemi have contributed to company performance. Revenue guidance of $10 million in full year 2026 and a recent capital raising of $102 million fortifies the balance sheet for artificial intelligence and research development.

Indeed, in a market announcement out just this morning, Weebit Nano again upgraded its full year revenue guidance.

According to the release:

Based on unaudited numbers, the company now expects revenue to be at least A$13.5 million, replacing previous guidance of “at least A$12 million”. The increased revenue guidance is mainly attributable to the expansion of customer projects.

Summarising his buy recommendation on Weebit Nano shares, Elzayed concluded:

The shift towards a recurring royalty model generates long term operating leverage. Momentum and news flow are positive, although the multi-year path from licence to royalty income remains the key execution risk.

What’s the latest from Weebit Nano?

The ASX 300 tech stock reported its third quarter (Q3 FY 2026) results on 30 April.

Commenting on the company’s upgraded full year revenue guidance at the time, Weebit Nano CEO Coby Hanoch said, “It’s been an important quarter for Weebit Nano as we made the strategic decision to significantly strengthen our balance sheet to accelerate our growth ambitions.”

Hatch noted:

Our technology was selected for a Korean National Compute-in-Memory program, we secured two new revenue-generating agreements, and continued to make strong technical progress with onsemi and Texas Instruments.

As for the recent capital raising the Elzayed mentioned above, Hatch said:

The added capital from our recent raise enables us to widen the gap between ourselves and competitors and have undisputedly the best ReRAM in the market. As the only independent provider of qualified ReRAM, we have a once-in-a-generation opportunity to take share as adoption shifts from niche to mainstream.

The post Up 149% in a year, why this surging ASX 300 tech stock is still a good buy today appeared first on The Motley Fool Australia.

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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.

Shares in Clinuvel Pharmaceuticals Ltd (ASX: CUV) climbed around 5% to $10.40 on Monday after the ASX biotech stock confirmed its shares will begin trading on the Nasdaq stock exchange in the US.

The Nasdaq is the world’s second-largest stock exchange after the New York Stock Exchange. It is home to many of the world’s leading technology and healthcare companies, including Nvidia Corp (NASDAQ: NVDA) and Microsoft Corp (NASDAQ: MSFT).

Clinuvel confirms Nasdaq debut

In an ASX announcement today, the ASX biotech stock said its American Depositary Shares (ADS) are expected to commence trading on the Nasdaq later on Monday (New York time) under the ticker CUVL.

The milestone follows the US Securities and Exchange Commission declaring the company’s Form 20-F registration statement effective on 17 July, along with Nasdaq approving the listing.

As part of the move, Clinuvel’s existing over-the-counter American Depositary Receipt (ADR) program will be upgraded from a Level I ADR to a Level II ADS listed on Nasdaq. Each ADS will represent one ordinary Clinuvel share listed on the ASX.

Importantly, the company is not raising capital or issuing new shares as part of the listing. This means the move is designed to improve market access rather than fund the business.

Existing holders of Clinuvel’s US-traded ADRs also won’t need to take any action. Their holdings will automatically transition to the new Nasdaq-listed security.

Why does a Nasdaq listing matter?

A Nasdaq listing can significantly increase a company’s visibility among US investors and improve trading liquidity. It also provides access to specialist healthcare and biotechnology investors who are often more familiar with the sector and can broaden the company’s shareholder base.

The Nasdaq Global Select Market, where the ASX biotech stock will trade, also offers greater analytical coverage and inclusion in Nasdaq’s market ecosystem. This potentially increases awareness among institutional investors.

That said, investors shouldn’t expect the listing alone to transform the company’s fortunes overnight. Greater visibility could support future growth opportunities and provide access to deeper capital markets if required. However, Clinuvel’s long-term success will ultimately depend on executing its commercial strategy.

What did management say?

Clinuvel Chairman Jeffrey Rosenfeld said:

The upgrade of CUVL to the Nasdaq marks an important step for Clinuvel’s visibility in U.S. capital markets, as well as reflecting a broader shift of our business towards North America. In the context of all our activities, the gradual shift to the U.S. makes much sense as the Company is maturing.

Foolish Takeaway

Clinuvel already has a commercialised product in SCENESSE®. It is approved in multiple markets, including the United States and Europe.

The Nasdaq listing has the potential to raise the international profile of the ASX biotech stock. It also expands its access to one of the world’s deepest pools of healthcare capital.

However, the real driver of long-term shareholder returns will remain business execution.

Despite today’s rally, Clinuvel shares are still down around 17% so far this year. This suggests investors are waiting for stronger evidence that the company’s next phase of growth is taking shape.

The post This ASX biotech stock just scored a Nasdaq listing. Shares are jumping appeared first on The Motley Fool Australia.

More reading

• This ASX biotech stock is tipped to double or even triple in value

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