Category: Stock Market

BHP Group Ltd (ASX: BHP) shares are edging lower today.

Shares in the S&P/ASX 200 Index (ASX: XJO) mining giant closed on Friday trading for $50.37. In morning trade on Monday, shares are swapping hands for $50.24, down 0.3%.

For some context, the ASX 200 is down 1.5% at this same time.

Taking a step back, BHP shares have strongly outperformed over the past year, gaining 31.5% compared to the 7.4% 12-month gains posted by the benchmark index. BHP also paid out two fully franked dividends over the year totalling (a rounded) $1.96 a share.

However, since the onset of the Middle East conflict, the Aussie mining giant has underperformed. Shares have fallen 15.2% since market close on 2 March, trailing the 8.8% losses posted by the ASX 200.

Which, according to Sanlam Private Wealth’s Remo Greco, could make now an opportune time to pick up some shares in the ASX 200 miner at a bargain (courtesy of The Bull).

Should you buy BHP shares today?

“The current volatility presents investors with an opportunity to buy this global miner at attractive prices,” said Greco, citing the first reason he’s bullish on BHP shares.

As for the second reason, he noted:

The recent BHP announcement of Brandon Craig replacing the retiring Mike Henry as chief executive is a good appointment. Craig was responsible for the company’s Americas business, and that’s where the growth is likely to come from in the medium term.

BHP shares closed up 0.7% on 18 March, the day the miner announced Craig’s elevation to CEO.

And the third reason you might want to buy the ASX 200 mining giant today is its growing revenues and profits.

“Group revenue in the first half of 2026 was up 11% on the prior corresponding period and profit from operations was up 34%,” Greco said.

A modestly less bullish view

MPC Markets’ Mark Gardner also recently analysed the outlook for BHP shares.

While he also sounded an optimistic note, Gardner currently has a hold recommendation on the ASX 200 mining stock.

According to Gardner:

The global miner delivered a strong half year result in fiscal year 2026. Copper delivered the majority of earnings for the first time in the company’s modern history. The dividend was above expectations. The balance sheet is in good shape.

The conflict in Iran has rattled commodity markets, and BHP shares have fallen heavily. Most of BHP’s output goes to Asia, not through the Strait of Hormuz. The market is selling the ticker, not the fundamentals.

We suggest adding on weakness, and holding for an upgrade when the conflict ends.

The post 3 reasons to buy BHP shares today appeared first on The Motley Fool Australia.

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• How many BHP shares do I need to $1,000 of passive income?
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• 3 top Vanguard ETFs I would buy in April
• How I’d invest $20,000 in ASX shares right now to help build long-term wealth

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

Shares in KMD Brands Ltd (ASX: KMD) remain in a trading halt four business days after the company first asked that trading be halted, amid rumours that it is struggling to finalise a capital raise.

The retail brands owner, which operates the Rip Curl and Kathmandu brands, first asked that its shares be placed in a trading halt on March 25, saying it was planning to raise new capital, as well as release its first-half results to the market.

The original trading halt was meant to be in place until Friday.

The company said at the time:

KMD notes that it is effectively conducting an extended book build for a private placement, and there is a risk of material information leaking ahead of the formal announcement of the capital raise. KMD is not presently in a position to make a further announcement regarding the capital raise as the final details are still being determined.

On Friday, the company asked that the suspension of its shares be extended to Monday morning, but then on Monday, it asked for a voluntary suspension of its shares until Tuesday morning.

The company also said at this time it was looking to refinance its existing bank facilities.

While the company has not given any hint as to the size of the capital raise, The Australian was reporting on Monday that KMD was after about NZ$100 million, but was struggling to secure that number, with only about NZ$30 million in commitments so far raised.

The Australian report said that the company was looking to raise funds in the form of preferred securities, which combine features of both equity and debt.

Recent transaction rejected

KMD Brands also last week rejected a deal from US company Stokehouse to buy Rip Curl.

That deal would have involved demerging Rip Curl into a separate entity to be listed on the Australian and New Zealand share markets.

KMD said regarding the proposed deal:

Stokehouse proposed that after the de-merger of Rip Curl from KMD Brands, and its merger with Stokehouse, Stokehouse shareholders would own 22% of the merged entity. This proposed ownership structure is misaligned with the earnings delivered by the Stokehouse and Rip Curl businesses given Stokehouse’s immaterial contribution to combined EBITDA, and would unfairly dilute KMD Brands shareholders. In addition, Mr. Naude, the current CEO of Stokehouse, would be Chief Executive of the combined business, and he would lead the business from California.

KMD Brands shares last changed hands for 15.5 cents, which was a 12-month low for the stock.

The company is valued at $110.3 million.

The post What’s going on with KMD Brands shares? appeared first on The Motley Fool Australia.

More reading

• Trading halt, delayed results, and a capital raise: Why this ASX retail stock is under pressure
• Which ASX retail company just rejected a deal to buy its Rip Curl stores?

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.

The S&P/ASX 200 Index (ASX: XJO) is down 1.5% on Monday, with these five ASX 200 shares falling to new 52-week-plus lows.

Two of the underperforming companies are in the technology sector, two are in healthcare, while the fifth is a major property developer.

Here’s what’s happening.

Two ASX 200 tech shares dropping to fresh one-year-plus lows

The first company making this rather ignominious list today is WiseTech Global Ltd (ASX: WTC).

Shares in the logistics software solutions company are down 5.1% in late morning trade today, changing hands for $36.42 each. That sees the WiseTech share price down 55.2% over 12 months and trading at its lowest level since June 2022.

WiseTech shares have come under pressure over the past months amid increasing concerns that artificial intelligence (AI) could soon be able to deliver much of the same services the company offers at materially cheaper costs.

Which brings us to the second ASX 200 share trading at 52-week-plus lows today, Xero Ltd (ASX: XRO).

Shares in the business and accounting software provider are down 4.9% at the time of writing, trading for $69.25 apiece. This puts the Xero share price down 55.3% over 12 months and trading at its lowest level since November 2022.

Like WiseTech, Xero shares are facing negative investor sentiment amid the rapid rise of AI technologies.

Two ASX 200 healthcare shares sinking to new 52-week lows

Moving on to the healthcare space, we have Sigma Healthcare Ltd (ASX: SIG).

Shares in the retail pharmacy giant, which merged with Chemist Warehouse in 2025, are down 0.6% today, trading for $2.605 each. That sees the Sigma Healthcare share price down 9.6% in a year and at its lowest level since December 2024, prior to the merger.

ResMed Inc (ASX: RMD) shares are also doing it tough.

Shares in the sleep disorder treatment company are down 1.3% today, changing hands for $31.925 each. That puts this ASX 200 share down 8.7% over 12 months and trading at its lowest level since August 2024.

As for the property development giant…

Interest rates may be biting

Stockland Corp Ltd (ASX: SGP) shares join our list of stocks slumping to new one-year-plus lows today.

Shares in the diversified property development company are down 1.4% on Monday, trading for $4.20 each. That puts this ASX 200 share down 14.3% over 12 months and trading at its lowest level since January 2025.

Like many real estate companies, Stockland shares have faced headwinds amid resurgent global inflation and expectations of higher interest rates to come. Real estate stocks tend to perform better in low and falling interest rate environments.

The post 5 ASX 200 shares including WiseTech and Xero plumbing new 52-week-plus lows on Monday appeared first on The Motley Fool Australia.

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• 3 ASX 200 shares that could beat the market over the next 10 years
• How to become a millionaire with a $5,000 investment in ASX 200 shares each year

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

BrainChip Holdings Ltd (ASX: BRN) shares are on the slide on Monday morning.

At the time of writing, the ASX tech stock is down 3.5% to 14 cents.

Why are Brainchip shares falling today?

The company’s shares are falling today despite the release of an announcement revealing a long-awaited licensing agreement.

According to the release, BrainChip has entered into a technology licensing deal with Korea-based semiconductor company EDGEAI for its Akida 2 neuromorphic IP.

The agreement will see BrainChip provide access to its technology, along with integration support and development tools, to assist EDGEAI in incorporating Akida into its future products.

What is it worth?

The company hasn’t been able to place a dollar figure on the estimated value of the agreement.

It notes the commercial structure of the agreement is tied to the delivery of technical milestones.

BrainChip will receive unspecified payments as it provides various deliverables, including IP access, engineering support, and integration services.

In addition, the company is eligible to receive royalties based on future product sales from EDGEAI that incorporate its technology. These royalties would only be payable once commercial shipments commence.

Furthermore, any potential royalty stream will be dependent on the success of EDGEAI’s products in the market, which is a very large unknown. This is particularly the case given that EDGEAI isn’t a proven name in the semiconductor industry.

In fact, rather embarrassingly, EDGEAI’s website has gone offline today after exceeding its traffic quota.

Flexible terms

It is also worth highlighting that the agreement is global and non-exclusive, meaning EDGEAI is not restricted from working with other technology providers.

In addition, the licence remains in place only while EDGEAI continues to use the Akida IP and can be terminated by the customer without cause on one month’s notice.

Brainchip’s CEO, Sean Hehir, said:

We are excited to partner with EDGEAI as they bring their next generation AI solutions to market. This agreement reflects the growing global demand for neuromorphic computing and the unique advantages delivered by our Akida technology. Together, we are enabling smarter, more efficient edge devices that can operate with exceptionally low power while supporting sophisticated on device intelligence.

Foolish takeaway

While today’s announcement represents progress in commercialising its technology, the financial contribution from the deal remains uncertain at this stage.

With milestone-based payments and royalties dependent on future product success, the extent to which this agreement translates into meaningful revenue will become clearer over time.

The post What’s going on with BrainChip shares today? appeared first on The Motley Fool Australia.

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It’s a strong start to the week for this ASX gold stock.

Greatland Resources Ltd (ASX: GGP) raced 10.45% higher to $10.78 during Monday morning trade, grabbing investor attention in a big way.

That’s a welcome turnaround after a tough month that saw the share price slide 20% — although zooming out, it’s still up an impressive 46% over the past year.

So, what’s driving the surge?

Major resource upgrade

The answer lies in a major resource upgrade that has lit a fire under the stock.

Greatland revealed a 150% increase in Telfer’s gold Mineral Resources to 8.0 million ounces. Even more eye-catching, the combined Telfer and Havieron resources now sit at a massive 14.9 million ounces of gold and 645,000 tonnes of copper.

This updated December 2025 Group Mineral Resource Estimate reflects a period of rapid growth, fuelled by extensive drilling since the last update. The company has been pushing hard to expand its resource base — and today’s numbers suggest that strategy is paying off.

Importantly, the $6.5 billion ASX gold stock also continues to advance the Telfer operation itself. A strong drilling pipeline and the addition of high-grade underground resources are helping to build momentum.

Improving ore reserves

There’s another key detail investors are getting excited about. The upgrade includes a significant lift in Measured and Indicated Resources — the higher-confidence categories.

That matters because it improves the ASX gold stock’s ability to convert resources into ore reserves, which are critical for long-term mine planning and production visibility.

On top of that, updated cost and revenue assumptions — based on 2025 actuals and conservative commodity price forecasts — point to a solid economic foundation for the project.

Managing Director Shaun Day didn’t hold back on the outlook:

Telfer and Havieron’s combined resource of 550Mt @ 0.84g/t Au & 0.12% Cu for 14.9Moz Au & 645Kt Cu has the potential to underpin a multi-decade, world class mining hub. Our investment in significantly increased drilling has delivered substantial organic growth, with the overall Telfer resource growing by 150% to 8.0Moz, and the higher confidence Measured and Indicated component by 163% to 3.8Moz.

So what’s next?

Greatland isn’t slowing down. Following the substantial increase in both total resources and confidence levels, the company is now targeting an updated Telfer Ore Reserve Estimate in the June 2026 quarter. That could be another key catalyst.

At the same time, focus is shifting to higher-grade zones like the West Dome Underground and Main Dome sub-level cave, which could enhance project economics even further.

And there’s more to come. A record drilling program is set to continue through the second half of FY26 and into FY27, with the aim of growing and upgrading resources even further.

ASX gold stock snapshot

Looking at the bigger picture, Greatland has been a standout performer. Over the past 12 months, the ASX gold stock has risen 46%, comfortably beating the S&P/ASX 200 Index (ASX: XJO), which is up around 9% over the same period.

Today’s surge shows just how quickly sentiment can shift — especially when a miner delivers a blockbuster resource upgrade.

The post Why is this ASX gold stock storming 10% higher today? appeared first on The Motley Fool Australia.

More reading

• Greatland Resources delivers major resource upgrade at Telfer
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• ASX gold shares down 31% since war began: What should you do?
• Up 84% since August, should you buy this $6 billion ASX 200 gold stock today?

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.

Terramin Australia Ltd (ASX: TZN) shares have jumped after the company released a revised mining plan for its Tala Hamza zinc project in Algeria.

Large, long-term project

The company said in a statement to the ASX on Monday that the revised plan envisaged a 20-year mine life at a production rate of 2 million tonnes of ore per year, producing about 178,000 tonnes of zinc concentrate.

The mine is expected to cost US$415 million to build, with Terramin saying the operating costs were competitive by world standards.

Early works were already underway, with all of the relevant approvals in place, including the mining permit, the company said

Terramin said the most significant change to its mining plans from a previous definitive feasibility study was the increase in the mining rate from 1.32 million tonnes of ore per year to 2 million.

The company also said negotiations were at an advanced stage with respect to the establishment of a “significant debt facility” with a major Algerian Government bank.

The Tala Hamza project had also been registered with the Algerian Investment Promotion Agency, which will provide benefits such as an exemption from corporate tax for up to 7 years, an exemption from sales tax and customs duties during construction, and access to concessional financing support.

Terramin Executive Chair Bruce Sheng said regarding the project:

The updated Mining Study confirms the strong economics of a significantly expanded Tala Hamza Zinc Project, now scaled to 2.0 mtpa throughput. With all major approvals secured and early works already underway, the Project is firmly advancing into development. Tala Hamza benefits from exceptional infrastructure, including close proximity to a deep-water port, reliable and affordable power, and access to a skilled local workforce, positioning it as one of the most compelling zinc-lead development opportunities globally. We are grateful for the continued support of the Algerian Government and our local partners, who remain instrumental in bringing this nationally significant project to life.

Solid cash flow generator

The Tala Hamza project was expected to have a payback period of about four years, and at a mining rate of 2 million tonnes per year, was expected to generate free cash flow of US$2.19 billion.

Terramin shares were 12.9% higher after the release of the news on Monday, at 3.5 cents.

This is not far off the 12-month lows for the shares of 2.5 cents and well shy of the year-high of 7.8 cents.

The company was valued at $74 million at the close of trade on Friday.

The post Which junior ASX mining company’s shares are surging on positive news? appeared first on The Motley Fool Australia.

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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.

AMP Ltd (ASX: AMP) shares are starting the week with a bang.

In early trade on Monday, the financial services company’s shares are up 4% to $1.30.

This compares favourably to the S&P/ASX 200 Index (ASX: XJO), which is having a tough start to the week following a selloff on Wall Street on Friday.

The benchmark index is currently down 1.4%.

Why are AMP shares outperforming?

AMP shares are outperforming on Monday after the company sneaked out a positive announcement after the market close on Friday.

That announcement revealed that the company will undertake an on-market share buyback of up to $150 million of ordinary AMP shares.

According to the release, the relevant regulatory approvals have been granted for the buyback, which is expected to commence following release of AMP’s first quarter update. That is scheduled to be released to the market next month on 16 April.

AMP notes that the buyback will not exceed 10% of issued capital over a 12-month period. As a result, shareholder approval is not necessary.

AMP’s chief executive, Alexis George, revealed that the decision to return this capital to shareholders was due to the absence of a compelling alternative. She believes it is the most efficient use of capital. George said:

We remain committed to returning surplus capital to shareholders in the absence of a compelling alternative, and prioritising organic growth in our wealth businesses. Today’s announcement demonstrates this, with an on-market share buyback the most efficient use of capital at this time.

Given that AMP shares are down heavily from their highs, it is hard to argue against this being a good use of capital.

Should you invest?

Analysts are largely very bullish on AMP shares at current levels.

According to a note out of Ord Minnett from last week, it has put a buy rating and $1.65 price target on its shares.

Elsewhere, Morgans Stanley has an overweight rating and loftier $1.90 price target on them.

Macquarie and Citi are bullish with an outperform rating and buy rating together with $1.80 price targets.

Finally, UBS is also positive on AMP and has a buy rating and $1.75 price target on its shares.

All in all, the broker community appears convinced that its shares will be heading meaningfully higher over the next 12 months.

The post AMP shares charge higher on Monday despite market selloff: What’s going on? appeared first on The Motley Fool Australia.

More reading

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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 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.

One of the best things about investing in the stock market is that we can find great passive income. I think there are great ASX dividend shares that have very high dividend yields.

Businesses with high dividend yields aren’t necessarily the best choice because those payouts could be at risk of reduction.

The following businesses have a track record of giving shareholders regular dividend increases.

Future Generation Australia Ltd (ASX: FGX)

This is a listed investment company (LIC) that enables investors to gain exposure to a portfolio of fund managers’ funds who work for free and generally target smaller companies with plenty of growth potential.

These fund managers work for free to enable Future Generation Australia to donate 1% of its net assets each year to youth charities.

Some of the fund managers involved include Paradice, L1 Group Ltd (ASX: L1G), Vinva, Firetrail, Wilson Asset Management and Eley Griffiths.

Future Generation Australia has been using some of the investment profits it has made to pay out a growing dividend. It has increased its payout every year for the last decade – not many ASX dividend shares can point to a record like that.

The latest annual dividend it announced was 7.2 cents per share, representing a grossed-up dividend yield of 7.9% at the time of writing, including franking credits.

Impressively, the ASX dividend share has donated $49 million since its inception, which is an excellent initiative.

Shaver Shop Group Ltd (ASX: SSG)

Shaver Shop is one of the leaders in Australia in the retail of shaving products. It has 126 stores across Australia and New Zealand.

Its core product range comprises electric shavers, clippers, trimmers and wet shave items It also retails products such as oral care, hair care, massage, air treatment and beauty categories.

Pleasingly, the business has increased annual dividend per share every year since 2017 aside from FY24 when it maintained the payout.

The last two dividends paid by the business come to 10.3 cents per share. At the time of writing, Shaver Shop offers a grossed-up dividend yield of 10.9%, including franking credits.

Shaver Shop is pursuing a few different growth avenues including opening more stores across Australia and New Zealand, it’s growing its own brand (Transform-U), and it’s working with shaving brands to offer exclusive products.

I think this ASX dividend share is one of the best options for a dividend yield of more than 10% with its track record.

The post 2 ASX dividend shares with yields above 7% appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in Future Generation Australia. 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 Shaver Shop Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Catapult Group International Ltd (ASX: CAT) share price is in focus as the company outlines its path to growing average annual contract value (ACV) per professional team, targeting a significant lift through upselling, cross-selling, and new solutions.

What did Catapult Group report?

• The company is targeting a rise in average ACV per pro team from US$20,000 to between US$100,000 and US$150,000.
• Emphasis is on new customer wins (“land with P&H”), and expanding with upsell features and fresh solutions.
• The information presented is for illustration and not a current or forecasted performance statement.
• Share-based payment expenses related to the IMPECT acquisition are scheduled over four years, with expense levels dependent on share price and performance milestones.

What else do investors need to know?

Catapult’s future revenue uplift will depend on successful upselling to existing teams and launching additional products. The share-based payment schedule linked to the IMPECT acquisition will vary according to the company’s share price and satisfaction of earn-out requirements, so related expenses may fluctuate over the coming years.

While the metrics presented are not audited results or formal forecasts, they do show management’s thinking on scaling customer value and growing recurring revenues. Investors should note the absence of current-period financials or forward guidance in this update.

What’s next for Catapult Group?

Catapult appears focused on boosting the value it provides to professional sports teams by promoting broader usage of its offerings. The company’s strategy revolves around converting initial contracts into higher-value, multi-solution partnerships.

Looking ahead, Catapult investors will likely watch for the release of official financial results, details on the progress of upselling initiatives, and updates on new product launches.

Catapult Group share price snapshot

Over the past 12 months, Catapult Group shares have declined 11%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.

View Original Announcement

The post Catapult Group targets bigger ACV per team 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 positions in and has recommended Catapult Sports. The Motley Fool Australia has positions in and has recommended Catapult Sports. 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.

The Webjet Group (ASX: WJL) share price is leaping higher today.

Shares in the All Ordinaries Index (ASX: XAO) travel agency closed Friday trading for 52.5 cents. In morning trade on Monday, shares are changing hands for 55 cents apiece, up 4.8%.

For some context, the All Ords is down 0.9% at this same time.

As you’re likely aware, Webjet first listed as an independent entity on the ASX in September 2024. That followed its spin-off from Web Travel Group Ltd (ASX: WEB).

Since listing, the Webjet share price has experienced some steep ups and downs, with 2026 seeing shares take another sharp fall, down 37.5% since 2 January.

Today, investors learned that the company will be searching for new leadership.

Webjet share price gains on CEO departure

Investors are bidding up the Webjet share price today after the company announced that CEO and managing director Katrina Barry has resigned from her position.

Barry took the reins as CEO at Webjet in June 2024 in the lead-up to its demerger from Web Travel.

Webjet said that Barry will remain aboard until May to support the transition to new leadership and help manage the full-year results release.

The board said it will now launch a search process for her successor.

What did management say?

“Katrina led the business during the successful demerger and ASX listing of the group’s B2C business to become Webjet Group,” Webjet chairman Don Clarke said about the changing of the guard that’s looking to help boost the Webjet share price today.

“She then developed a new five-year strategic roadmap for the group and focused on the upgrade of the company’s brand, marketing, and technology capabilities”, he added.

Commenting on her time as CEO of Webjet, Barry said:

Over the past 21 months, we have made remarkable progress: setting a new five-year strategy and growth plan for the group, revitalising the iconic OTA brand and marketing strategy, driving profitability in the New Zealand business units, initiating evolution and enhancement of the technology and business travel platforms, and uplifting leadership capability.

How could the Middle East conflict impact the Webjet share price?

Turning to potential travel disruptions caused by the war in Iran, management noted:

While global uncertainty continues to influence travel behaviour, demand to date has remained resilient, with travellers increasingly favouring domestic and short-haul destinations across Asia and the Pacific.

The Webjet share price looks to be catching tailwinds with the company reaffirming its full-year FY 2026 guidance of underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) in the range of $28 million to $29 million. That excludes the Webjet Business Travel segment, which is expected to reduce underlying EBITDA by $600,000 to $900,000 in the second half of FY 2026.

The post Webjet share price lifting off on CEO bombshell 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.