• 2 ASX shares tipped to grow 60% or more in the next 12 months

    Green arrow going up on a stock market chart, symbolising a rising share price.

    Share prices are changing all the time and this gives investors the chance to buy ASX shares that are significantly undervalued.

    In this article, we’re going to look at two stocks that could rise more than 60% over the next year if analysts are right about how undervalued the businesses are.

    Below are potentially two of the most undervalued ASX shares in Australia right now.

    Siteminder Ltd (ASX: SDR)

    Siteminder is a leading ASX tech share that provides software to hotels around the world that helps run operations, advertise rooms, and decide on room prices.

    In an increasingly digital world, an offering like Siteminder’s is very important. Knowing what room price to advertise at could be the difference between winning a customer or not.

    Siteminder has offices in Sydney, Bangkok, Barcelona, Berlin, Dallas, Galway, London, Manila, Mexico City, and Pune. Siteminder generates 140 million reservations worth over A$85 billion in revenue for its hotel customers each year.

    Despite market worries about AI, the company continues to generate strong levels of growth. In FY26, annual recurring revenue (ARR) rose 14.9% to $313.7 million despite softer global travel conditions, which demonstrated the resilience of the business and growing traction from new product initiatives like its smart platform.

    The company also reported revenue growth of 18.6% to $266.1 million, while adjusted operating profit (EBITDA) soared 96.5% to $28.1 million and adjusted cash flow jumped 123% to $10.5 million. Its financials are clearly going in the right direction.

    According to CMC Invest, there have been 10 ratings on the business, with nine buy ratings, and one sell rating. Of those analysts, the average price target is $5.53, which suggests a possible rise of 82% over the next year from where it is at the time of writing.

    Objective Corporation Ltd (ASX: OCL)

    This ASX share is a software business that enables thousands of public sector organisations which are shifting to being completely digital. The idea is that customers can work from anywhere, with access to information, along with governance and security.

    Objective Corporation revealed a number of growth numbers in FY26, though the result wasn’t as strong as some investors were hoping for.

    It reported revenue growth of 9% to $134.7 million, with software as a service (SaaS) revenue growth of 22%. Adjusted EBITDA climbed 11% to $51.5 million, operating cash flow grew 6.5% to $49.3 million, and net profit after tax (NPAT) rose 5% to $37.2 million.

    The ASX share also reported that its R&D investment rose 8% to $33.8 million and the dividend per share was hiked by 18% to 26 cents. However, the ARR declined 2% to $117.3 million.

    According to CMC Invest, there have been six ratings on the business within the last three months, with four buy ratings and two hold ratings.

    The average price target is $10.61, suggesting a possible 62% rise over the next year from where it is at the time of writing.

    These could be two of the most compelling ASX shares right now, among other leading ideas.

    The post 2 ASX shares tipped to grow 60% or more in the next 12 months appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Objective right now?

    Before you buy Objective shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Objective wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    Motley Fool contributor Tristan Harrison has positions in SiteMinder. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Objective and SiteMinder. The Motley Fool Australia has positions in and has recommended Objective and SiteMinder. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • BHP shares are pulling back from their record high. Is it time to sell?

    Buy and sell signs amidst blue and red backgrounds.

    It has been a big year for BHP Group Ltd (ASX: BHP) shareholders, but Monday has brought a step backwards.

    BHP shares are down 2.56% to $65.58 at the time of writing, pulling further away from the record high of $68.77 reached last week.

    That still leaves the mining giant up around 11% over the past month and 44% since the start of 2026.

    So, after such a huge run, is now the time to sell BHP shares?

    Brokers aren’t convinced

    One thing that stands out is how far BHP has moved above most broker price targets.

    According to the latest TipRanks figures, the average 12-month target across 14 analysts is $58.68. This is roughly 10.5% below the current share price.

    The consensus is cautious, with just one buy rating, 12 holds, and one sell.

    Morgan Stanley has a buy rating and $67.50 target. Berenberg has a hold rating and $64.22 target, while UBS sits at $59.

    JPMorgan has a $56.66 target, Morgans has a sell rating and $55.30 target, and Deutsche Bank is at $51.

    BHP is also trading on a price-to-earnings ratio (P/E) of just over 24 and a dividend yield of about 3%.

    Why investors have been buying

    It is not hard to see why BHP shares have had such a strong year.

    The miner recently reported underlying EBITDA of around US$33 billion in FY26, helped by stronger commodity prices and record iron ore production in Western Australia.

    Copper is becoming a much bigger part of the business. It contributed more than half of the underlying EBITDA for the first time, while BHP produced around 2 million tonnes for a second straight year.

    The company is also targeting around 40% growth in copper production by FY35 through projects across Australia, Chile, and Argentina.

    Net debt fell below US$9 billion, while BHP declared a final dividend of 99 US cents per share.

    What about the September effect?

    There’s another reason investors may be a little cautious heading into September.

    Historically, it has been a tough month for the Australian share market. The S&P/ASX 200 Index (ASX: XJO) has averaged a 0.94% fall in September since 1992 and finished the month higher just 32% of the time.

    Of course, that doesn’t mean BHP shares are guaranteed to fall next month.

    But after such a stellar year, September’s poor track record may be something investors keep in the back of their minds.

    Foolish takeaway

    After a 44% rise this year, I can understand why some investors might be tempted to take some money off the table.

    The broker targets suggest BHP is no longer cheap, and another pullback wouldn’t be surprising.

    But I would be careful about selling a high-quality business simply because the shares have performed well or September has a poor historical record.

    BHP still owns world-class iron ore and copper assets, and generates plenty of cash.

    The valuation may look a little stretched today, but over the long term, I think the quality of the business matters far more than what happens over the next month.

    The post BHP shares are pulling back from their record high. Is it time to sell? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in BHP Group right now?

    Before you buy BHP Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and BHP Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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    JPMorgan Chase is an advertising partner of Motley Fool Money. 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 JPMorgan Chase. 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.

  • 2 ASX shares highly recommended to buy: Experts

    Buy now written on a red key with a shopping trolley on an Apple keyboard.

    Reporting season is finishing and investors have received a great insight into the performance of ASX shares.

    Following the FY26 numbers and comments on the outlook, share prices moved, and now investors have to decide whether these businesses are opportunities.

    Let’s look at two ASX shares that are heavily backed by multiple analysts, suggesting they could be opportunities.

    Qantas Airways Ltd (ASX: QAN)

    Qantas is the largest Australian airline business. It also operates Jetstar, a freight business, and Qantas loyalty.

    Despite difficult trading conditions amid the negative effects of the Middle East conflict, fuel cost impacts, and so on, Qantas was still able to generate a good level of earnings.

    Its FY26 underlying profit before tax declined $330 million to $2.06 billion. The statutory net profit dropped $316 million to $1.29 billion. Qantas said the net impact of the Middle East was reportedly $420 million during FY27.

    Despite the challenges, Qantas’ customer net promoter score (NPS) improved by 7 points, and Jetstar’s NPS rose by 1 point.

    In terms of the outlook, Qantas said that travel demand remains resilient as customers continue to prioritise travel. Airfares are expected to increase, though jet fuel prices are also expected to remain elevated.

    Qantas loyalty is expected to grow underlying operating profit (EBIT) by between 5% to 7% in FY27. By FY30, it’s aiming for between $800 million and $1 billion of underlying EBIT.

    Qantas is looking to reduce costs by approximately $475 million to help offset inflation.

    According to CMC Invest, there have been 11 ratings on the ASX share in the last three months, all of which were buy ratings. Analysts are very positive on the airline right now.

    Generation Development Group Ltd (ASX: GDG)

    The financial business is involved in a number of areas. Generation Life is a market leader in investment bonds and lifetime annuities. Lonsec Research and Ratings is one of Australia’s leading qualitative financial research houses. Evidentia is one of Australia’s leading companies in the managed account sector.

    Generation Development saw strong growth in FY26. Group funds under management (FUM) rose 37% to $46.5 billion, with net inflows of $9.7 billion (up 19%).

    Within FUM, investment bonds FUM rose 35% to $5.95 billion and managed accounts FUM increased 37% to $40.5 billion.

    Total revenue grew 23% to $178.7 million, and underlying net profit rose 21% to $40.7 million.

    Generation Development said that its FY27 is supported by favourable long-term growth trends and remains “well positioned to benefit from ongoing adviser adoption and structural growth across retirement, managed accounts, independent investment research and investment governance solutions”.

    It expects strong growth in FUM, supported by ongoing adviser adoption and market penetration.

    According to CommSec, there are currently nine analyst buy ratings on the business.

    These two ASX shares could be appealing opportunities, among other potential buys.

    The post 2 ASX shares highly recommended to buy: Experts appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Qantas Airways right now?

    Before you buy Qantas Airways shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Qantas Airways wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 1 August 2026

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

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