The New Hope Corporation Ltd (ASX: NHC) share price is in focus today after the company reported a significant increase in coal resources, with a 262 million tonne boost at Bengalla Mine and a 151 million tonne rise at New Acland Mine.

What did New Hope report?

• Total coal resources grew to 2.96 billion tonnes as at 31 May 2026, up from 2.55 billion tonnes in 2025
• Bengalla Mine resources increased by 262 million tonnes, including a jump in underground resources from 76Mt to 100Mt
• New Acland Mine resources rose by 151 million tonnes, supported by new drilling and updated geological models
• Total recoverable reserves increased to 844 million tonnes (2025: 818Mt)
• Marketable reserves climbed to 516 million tonnes, compared with 507Mt the previous year

What else do investors need to know?

Recent exploration at Bengalla extended into new Exploration Licences, uncovering additional open cut and underground coal resources. At New Acland, drilling over the past two years within approved pit boundaries enabled a revised, JORC-compliant resource update.

Further mine planning and economic analysis are needed before new Bengalla resources can be converted to reserves. A concept-level study is complete, and pre-feasibility works are ongoing to support Bengalla’s operational life beyond current approvals. Meanwhile, resource and reserve estimates for other New Hope assets were unchanged from last year, as no new exploration was conducted outside the two main operating mines.

What’s next for New Hope?

The company will continue pre-feasibility studies at Bengalla to assess options for extending mining into prospective exploration areas. At New Acland, ongoing data collection and drilling may inform future approvals and potential extensions to the mine’s life.

Management says further resource upgrades could occur with additional exploration and technical work, though future reserve conversions will depend on regulatory approvals and detailed mine planning.

New Hope share price snapshot

Over the past 12 months, New Hope shares have risen 44%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has declined 1% over the same period.

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The post New Hope reveals major 2026 coal resource increases 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.

The Netwealth Group Ltd (ASX: NWL) share price is in focus after announcing it will acquire Paradino, an AI-enabled adviser workflow automation business, for a total upfront consideration of $20 million. Netwealth will also invest an additional $10 million over two years to support Paradino’s growth and technology development.

What did Netwealth report?

• Acquisition of 100% of Paradino for $20 million (upfront), with up to $9 million in earn-out and retention payments over four years
• Additional $10 million to be invested in Paradino’s product roadmap and capability
• Paradino has annual recurring revenue of $1.6 million and supports over 500 financial advisers
• Paradino’s EBITDA for FY27 is projected to be a loss of approximately $3 million
• The transaction is not expected to have a material near-term impact on Netwealth’s earnings and existing guidance is maintained

What else do investors need to know?

Netwealth’s acquisition of Paradino significantly expands its adviser platform capabilities. Until now, Netwealth’s main focus has been on platform administration and implementation, but this deal brings advice workflow automation and specialist AI engineering expertise in-house.

Paradino automates some of the most time-consuming elements of financial advice, such as file notes, Statements of Advice, and advice presentations. This is designed to directly address adviser capacity constraints – freeing up more time to spend with clients and helping advisers serve a greater number of people across Australia.

Paradino brings a strong track record, having rapidly grown its subscriber base and recurring revenue since launch, with a churn rate of less than 1%. The acquisition is expected to strengthen Netwealth’s long-term growth prospects and support the company’s Dx30 ambition of improving adviser productivity.

What did Netwealth management say?

Matt Heine, CEO and Managing Director of Netwealth, said:

Our focus is on supporting advisers to grow their businesses and achieve their ambitions. A key part of this is helping advisers increase productivity so they can support more clients and spend more time delivering advice. This acquisition expands Netwealth’s capability beyond platform administration into key advice workflows, increasing our support for advisers across a larger part of the advice process. Together, we believe we can create Australia’s leading AI-enabled wealth management and adviser productivity platform. By combining Paradino’s workflow capability with Netwealth’s platform, data and adviser ecosystem, we look forward to helping our existing and future adviser clients operate more efficiently, improve outcomes for their clients and support the growth of both businesses. This will also help unlock the full value of our Unify data management platform and further drive AI-enabled automated processes. The transaction is consistent with our disciplined approach to capital allocation and adds an important strategic capability that will generate meaningful long-term growth.

What’s next for Netwealth?

Completion of the Paradino acquisition is targeted for the end of October 2026, subject to standard closing conditions. After completion, Netwealth will invest $10 million over two years to speed up Paradino’s product development and expand capability for advisers nationwide.

Netwealth intends to progressively integrate Paradino’s automation and artificial intelligence technology across its broader platform. This forms part of its strategy to support greater adviser productivity, deepen client relationships, and strengthen its leadership in wealth management technology.

Netwealth share price snapshot

Over the past 12 months, Netwealth shares have declined 38%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 1% over the same period.

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The post Netwealth to acquire AI platform Paradino, boosting adviser automation 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 Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. 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.

CSL Ltd (ASX: CSL) shares have staged a sharp recovery, gaining around 26% over the past month despite remaining down 17% in the past year.

By comparison the S&P/ASX 200 Index (ASX: XJO) fell 5% in a month and lost almost 1% over 12 months.

After falling 5% across the previous trading days, the ASX blue-chip stock bounced 3% on Monday to $171.57, reigniting the question: how much further can this recovery run?

From deeply beaten down to recovery mode

To understand CSL’s rebound, it helps to remember how severely the market had punished CSL shares.

At one point, CSL was trading around $90, a level not seen for more than a decade. Even the COVID-19 market sell-off failed to push the stock that low.

Investors appeared to be pricing in a prolonged deterioration in the company’s earnings. Then came the FY26 result, which delivered a painful set of numbers but also appeared to give the market a cleaner starting point.

CSL reported a US$2.6 billion net loss, following US$7.1 billion of pre-tax impairments and US$799 million in restructuring costs. Much of this was non-cash, with CSL Vifor accounting for a substantial portion of the impairments.

Look beneath the headline loss, however, and the picture was less alarming. Underlying NPATA declined just 2% to US$3.1 billion, while revenue fell 1% to US$15.8 billion, ahead of expectations.

That helped investors focus on what CSL could look like after the reset.

FY27 is the next big test

The recovery now rests heavily on CSL’s FY27 outlook.

Management expects underlying NPAT to grow about 5%, ahead of consensus expectations for roughly 2% growth. Behring is expected to deliver mid-single-digit growth, supported by immunoglobulin sales forecast to increase at a mid-to-high single-digit rate.

Vifor remains the weak spot. Revenue is expected to fall around 25% as generic competition hits its iron products.

The bullish argument is that Behring’s scale can increasingly offset Vifor’s decline. Consensus forecasts currently put earnings per CSL share at about $9.00 in FY27, $9.50 in FY28 and $10.10 in FY29.

At $171.57, that puts CSL shares on roughly 19 times forecast FY27 earnings. That’s not obviously cheap, but it could prove reasonable if the expected earnings recovery materialises.

Do brokers see more upside?

Several major brokers remain positive following the rally.

UBS has a buy rating on CSL shares and a $181 price target, while Morgan Stanley is overweight with a $182 target. Morgans is also bullish, with a buy rating and a $187.71 target.

Those targets suggest roughly 6% to 10% potential upside from around $171.

Macquarie is considerably more cautious, however, with a neutral rating and a target of roughly $133.

So, CSL shares may still have room to run, but the easy part of the recovery could be behind them. The key question now is whether earnings can catch up with the share price.

The post CSL shares have surged over 25%. Do brokers see more upside? appeared first on The Motley Fool Australia.

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