• WiseTech shares are bouncing back. Is it time to buy?

    WiseTech Global Ltd (ASX: WTC) shares are back in recovery mode on Friday.

    At the time of writing, the WiseTech share price is up 5.13% to $41.58, helped by a strong night for US tech stocks.

    Shareholders will probably welcome the rebound after what has been a rough couple of days.

    WiseTech shares fell from $45.47 on Tuesday to $39.55 on Thursday, wiping around 13% off the stock in just two sessions following the company’s FY26 result.

    It has been a pretty wild month overall. Even after that sell-off, the shares are still up around 30% over the past month. However, they remain down roughly 40% since the start of 2026.

    So, with the share price bouncing again, could there be more upside ahead?

    Here’s what the brokers think.

    Brokers are still mostly bullish

    Despite the recent volatility, brokers remain pretty positive on WiseTech shares.

    According to TipRanks, 9 analysts currently rate the stock as a buy, while 2 have hold ratings.

    The average 12-month price target is $57.77. Based on the current share price, that suggests the shares could climb around 39% from here.

    Nonetheless, there is still a wide range of views on where the share price could end up. The highest target is $70, while the lowest sits at $40.

    While most brokers remain bullish, there’s clearly some uncertainty over just how much upside WiseTech still has.

    The latest broker calls

    Several brokers have updated their views since Wednesday’s result.

    Morgan Stanley kept its buy rating and $70 price target. Bell Potter also remains bullish, although it lowered its target from $71.75 to $65.

    Citi went the other way, lifting its price target from $55.05 to $58.75. UBS cut its target from $65 to $56 but kept its buy recommendation.

    Macquarie also nudged its target higher to $48.20 and retained its buy rating.

    Not every broker is convinced, though. Jefferies downgraded WiseTech to hold and set a $45 target, while JPMorgan has a hold rating and $40 target.

    Morgans also made a change today, trimming its price target by 6.7% to $62.50.

    Even after the cut, Morgans still sees around 50% upside from where WiseTech shares trade today.

    What should investors watch?

    There are still a few things investors will want to keep an eye on from here.

    Management is guiding for FY27 revenue of $1.48 billion to $1.54 billion and underlying EBITDA of $725 million to $780 million.

    The company is also looking for more savings from e2open and greater use of AI across the business.

    At the same time, the market will want to see WiseTech deliver on that guidance, especially with regulatory concerns still hanging over the company.

    The shares have bounced strongly from their June low of $28.76, but recent sessions show how quickly sentiment can change.

    The post WiseTech shares are bouncing back. Is it time to buy? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in WiseTech Global right now?

    Before you buy WiseTech Global 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 WiseTech Global 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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    Citigroup is an advertising partner of Motley Fool Money. 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, Jefferies Financial Group, Macquarie Group, and WiseTech Global. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool Australia has recommended Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Up 53%: Why this surging ASX All Ords gold stock just earned a major broker upgrade

    Miner looks excited as he holds a nugget of gold he has discovered.

    S&P/ASX All Ordinaries Index (ASX: XAO) gold stock Titan Minerals Ltd (ASX: TTM) is marching higher today.

    Shares in the South American-focused gold and copper miner closed trading yesterday for 66.5 cents. In morning trade on Friday, shares are changing hands for 67.5 cents each, up 1.5%.

    This sees the Titan Minerals share price up 53.4% since this time last year.

    For some context, the All Ordinaries Index is up 0.2% at this same time and also up 0.2% over 12 months.

    And according to the analysts at Euroz Hartleys, Titan Minerals is well-placed to keep smashing the benchmark returns in the year ahead.

    ASX All Ords gold stock tipped for 200% gains

    On 20 August, Titan Minerals released an update on its 100% held Dynasty Gold Project, located in Ecuador.

    The ASX All Ords gold stock has been completing a 10,000-metre resource definition drilling program at the Cerro Verde prospect, within Dynasty, aiming for a Mineral Resource update in early 2027.

    Last week, Titan Minerals reported that its latest drilling had struck an “extensive new zone” of gold and silver mineralisation at Cerro Verde.

    Among the top drill results, the miner reported an intercept of 33.5 metres at 6.6 grams of gold per tonne and 55.5 grams of silver per tonne (6.6 g/t Au, 55.5 g/t Ag).

    “Our technical team are highly encouraged by these latest results, which have provided a breakthrough in our understanding of the major mineralisation pathways and controls at Dynasty,” Titan CEO Melanie Leighton said.

    Euroz Hartleys was also impressed. The broker noted:

    Importantly, the ~250gm AuEq intersection lies outside the current resource, suggesting potential for a meaningful addition to the existing resource base, which currently stands at 3.9Moz gold and 26Moz silver.

    The discovery is particularly significant because it reveals a previously unrecognised northwest-trending structural corridor that may have been overlooked by earlier drilling, noting previous holes in this area were largely drilled parallel to these structures, hence mineralisation may have been missed.

    Summarising their bullish outlook on the ASX All Ords gold stock, the analysts at Euroz Hartleys concluded:

    TTM has identified multiple high-priority targets along this structural corridor and plans to commence follow-up drilling shortly to test extensions and repeat zones of mineralisation.

    If further drilling confirms continuity of the shear-hosted system, the discovery could materially expand the Dynasty resource and strengthen the project’s long-term growth potential.

    Euroz Hartleys maintained its speculative buy recommendation on Titan Minerals but lifted its price target to $2.02 a share (from $1.93).

    This implies a potential upside of more than 199% from current levels.

    The post Up 53%: Why this surging ASX All Ords gold stock just earned a major broker upgrade appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Titan Minerals Ltd right now?

    Before you buy Titan Minerals Ltd 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 Titan Minerals Ltd 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 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.

  • Ouch: WAM Capital shares crash 15% as dividend cut in half

    ASX share price crash represented by iron ball smashing into piggy bank.

    The ASX is having a spirited end to the trading week so far this Friday. Earnings season has rolled on and is ending the week with a bang. One of the more interesting reports this session is from a popular ASX dividend share. Unlike most dividend payers this earnings season, this stock has just delivered a crushing 50% cut to its dividend. That popular ASX dividend share in question is none other than WAM Capital Ltd (ASX: WAM).

    WAM Capital is a listed investment company (LIC) that has been on the ASX since 1999. Over this time, it has built up a reputation as a generous dividend payer. However, the company has struggled in recent years, with investors enduring a savage share price decline.

    To illustrate, WAM Capital shares last topped out at about $2.50 a share back in 2017. Today, the company has opened sharply lower. WAM Capital shut up shop at $1.51 a share yesterday. But this morning, those same shares opened at $1.40 each before descending to $1.28 at the time of writing. That’s a one-day loss of 15.2%.

    That puts this company’s losses over the past 12 months at 25.7%. Shareholders who have held on for the past five years are down a horrid 43.9%.

    In other words, WAM Capital’s generous dividends have been the only thing saving investors’ returns. But now that looks set to change too.

    WAM Capital shares plunge as dividend slashed 50%

    As part of its latest earnings, released this morning, WAM Capital revealed that it can no longer afford to maintain the 7.75-cents-per-share dividend every six months. That’s the payout investors have been receiving on a biannual basis since FY 2020. Investors will receive a final dividend of 7.75 cents per share, partially franked to 60%, in October. But that will be the last of its kind, for at least a while.

    In these earnings, WAM Capital has “announced an FY2027 full-year dividend target of 8.0 cents per share, comprising an interim dividend of 4.0 cents per share and a final dividend of 4.0 cents per share”.

    This means that 2027’s payouts will be worth approximately half of the dividends that investors have become used to over the past six years or so. It is a calamitous and embarrassing moment for the company, whose investors will now enjoy the same record-low level of dividend income that they last received in 2009. As we’ve warned investors about, the dividends needed to be slashed because of the lack of profits to fund them. Here’s how WAM Capital justified it:

    Since FY2020, the Board has maintained WAM Capital’s full year dividend at 15.5 cents per share. Over that period, the dividends paid by the Board exceeded the profits generated, drawing down the Company’s accumulated profits reserve. Maintaining the dividend at 15.5 cents per share is no longer sustainable with the profits reserve available.

    WAM Capital has also told investors that they should not bank on getting 8 cents per share in dividends next year either, stating “the FY2027 dividend target is not a forecast or commitment of future dividends”. No wonder WAM Capital shares are copping a beating this Friday.

    The post Ouch: WAM Capital shares crash 15% as dividend cut in half appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Wam Capital right now?

    Before you buy Wam Capital 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 Wam Capital 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 Sebastian Bowen 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.