Xero Ltd (ASX: XRO) shares are in the green again in early morning trade on Thursday.

At the time of writing, the shares are up around 1% and changing hands at $81.49 a piece.

Today’s uptick means the shares have rebounded around 33% from a seven-year low, recouping some of the losses shed earlier this year.

The stock is still around 27% lower for the year-to-date.

For context, the S&P/ASX 200 Index (ASX: XJO) is roughly flat in early morning trade, but around 3% higher than 12 months ago.

What is driving the rebound of Xero shares?

ASX 200 tech share was smashed by a sector-wide sell-off of technology stocks in late-2025. The sector came under renewed pressure in 2026 as investors continue to reassess valuations and risk appetite.

The rotation away from tech shares sent Xero’s share price crashing to a multi-year low of $61.58 a piece in late-July.

But investor sentiment quickly turned a corner, likely for a couple of reasons.

There has been an investor rotation back into growth and technology stocks over the past couple of months.

At the same time, it looks like investors are now becoming more confident that the company can keep growing revenue and become more profitable.

Improved confidence comes off the back of Xero’s most recent FY26 results, which it posted in May. The company reported a strong increase in its FY26 revenue which it said was helped by subscriber growth and higher prices. 

Now the question is, can the share price keep climbing higher?

What do brokers tip next for the ASX tech stock?

It looks like the market experts are still pretty confident that we’ll see a significant upside ahead.

TradingView data shows the majority of brokers (five out of six) have a buy rating on Xero shares. And all forecasts imply a potential upside ahead. The average $112.17 target price implies around a 38% upside at the time of writing. But some think the shares could jump as high as 83% to $148.51 over the next 12 months.

What could drive the shares higher?

I think there is plenty of potential left for Xero shares.

The company has a sticky subscription revenue, which means its customers are likely to keep paying for its services and products over a long time. This means the company’s revenue is relatively predictable.

Xero is also still a relatively small market player within a huge global market. There are several growth opportunities ahead, including expansion in the UK and US, as well as payroll and workflow automation offerings. Xero is also actively expanding its presence and its product suite. 

And as I mentioned above, the company’s latest FY26 result shows the company is growing, too. It posted a 31% hike in operating revenue in mid-May, and its adjusted EBITDA was up 18%.

The post Xero shares jump 33% from a 7-year low: Buy, sell or hold? 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 positions in and has recommended Xero. The Motley Fool Australia has positions in and has recommended Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Corporate Travel Management Ltd (ASX: CTD) shares have finally returned to the ASX, and investors have not held back.

The Corporate Travel share price is down 80.40% to $3.15 in early Thursday trade after the company’s long suspension was lifted.

The stock last traded at $16.07 before it was suspended in August 2025, and a lot has gone wrong since then.

Investors are now showing exactly what they think of it.

Shares have traded as low as $2.81 this morning.

Why were Corporate Travel shares suspended?

The problems started in the company’s UK business, where some serious accounting issues were uncovered.

A KPMG review found revenue had been recognised incorrectly on large customer contracts completed between 2021 and 2023. That included around GBP 45.4 million sitting in a “Concluded Customer Contracts” account that should not have been recognised as revenue.

Corporate Travel later said it could restate as much as GBP 58.2 million across FY23 and FY24, with another GBP 19.4 million of adjustments flagged for FY25.

Since then, the company has spent much of the past year sorting through the mess, including refunding customers, restating its accounts and making changes to its financial controls.

There’s been some progress, with Corporate Travel saying this week that around 78% of customer refunds have either been agreed or are close to being finalised.

What did the FY26 result show?

Despite everything that has happened, there were some signs the underlying business moved in the right direction during FY26.

Revenue and other income rose 4% to $669.9 million, while underlying EBITDA jumped 36% to $113.6 million.

Corporate Travel also returned to profit, posting net profit after tax (NPAT) of $17.7 million. Keep in mind, that’s a big turnaround from the $348.5 million loss recorded a year earlier.

Activity also picked up, with transaction volumes rising 13% to 18.3 million and total transaction value (TTV) increasing 2% to $9.8 billion.

Europe was one of the better-performing regions. Revenue climbed 34% to $113.7 million, while underlying EBITDA improved to $24.7 million from a $1.2 million loss.

But the balance sheet is still one area investors are watching closely.

Corporate Travel ended FY26 with $106.9 million in cash and has since secured a $175 million funding package to help finish the remediation work and support the business.

What happens next?

Management said trading in the first month of FY27 was broadly in line with expectations, although the early numbers were mixed.

July transaction volumes rose to around 1.6 million from 1.5 million a year earlier, while revenue slipped to $53.3 million from $58.3 million.

Corporate Travel has also secured $178 million of new business on a TTV basis so far in FY27.

And there was also some good news from the Australian Government review, which found no signs of widespread or systemic overcharging.

Still, the company has a lot of work ahead of it after what has been a shocking period for shareholders.

The post Warning: Corporate Travel shares have crashed 80%. What on earth just happened? appeared first on The Motley Fool Australia.

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• Corporate Travel Management shares resume trading after FY26 report
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• Corporate Travel Management updates UK remediation progress and settlement terms

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

A busy day is set to be underway on the stock market, with several well-known S&P/ASX 200 Index (ASX: XJO) companies trading ex-dividend today.

The list includes BHP Group Ltd (ASX: BHP), Woodside Energy Group Ltd (ASX: WDS) and Coles Group Ltd (ASX: COL), along with another four other ASX 200 shares.

Combined, the dividends are worth around 31 points on the ASX 200, according to IG.

That could make some of the share price moves look worse than they really are on Thursday.

Let’s take a closer look.

BHP, Woodside and Coles lead the way

BHP is easily the largest company on today’s list.

The mining giant closed Wednesday at $64.65 and is trading ex-dividend for $1.39 per share, fully franked.

That means anyone buying BHP shares from today will not receive the payment, which is due to eligible shareholders on 23 September.

Woodside is another heavyweight going ex-dividend.

Its shares finished yesterday at $33.08 and are now trading without a 79.51-cent fully franked dividend attached. Woodside is due to pay shareholders on 25 September.

Coles closed Wednesday at $23.89 and has a 37-cent fully franked dividend coming off its share price today. The supermarket giant will make the payment on 22 September.

However, with all three carrying such huge index weightings, going ex-dividend is likely to put some pressure on the ASX 200 today.

4 more ASX 200 shares to watch

There are also several other payouts investors should be aware of.

Amcor Plc (ASX: AMC) closed at $64.15 and is trading ex-dividend for 92 cents per share. Unlike the other larger payouts today, the Amcor dividend is unfranked.

Ramsay Health Care Ltd (ASX: RHC) finished Wednesday at $52.38 and is going ex-dividend for 48.5 cents per share, fully franked.

Meanwhile, NIB Holdings Ltd (ASX: NHF) closed at $6.97 and is trading without its 21-cent fully franked dividend.

Rounding out the group is Sigma Healthcare Ltd (ASX: SIG), which closed at $2.71. Its latest dividend is 2 cents per share, also fully franked.

Sigma shareholders are due to receive their payment on 22 September, Ramsay on 24 September and NIB on 7 October.

What investors should keep in mind

There is a fair bit going on with the index today, so the headline move may not tell the full story.

BHP, Woodside and Coles are all large enough to have an impact, and having all 3 go ex-dividend on the same day adds some extra weight.

So, if the ASX 200 looks a bit weak, the dividend effect is worth factoring in.

The post Own BHP, Woodside or Coles shares? Here’s what investors should know appeared first on The Motley Fool Australia.

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• The average superannuation balance for 45-year-olds in Australia in FY26. How does yours compare?
• How much is needed in superannuation for $1,000 in weekly passive income?
• BHP shares are falling – is it time to take profits?
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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 no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Amcor Plc and NIB Holdings. 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.