S&P/ASX All Ords Index (ASX: XAO) shares are 0.3% lower at 9,240.3 points on Tuesday.

With earnings season now over, brokers have updated their ratings and 12-month price targets on hundreds of ASX shares.

Top broker Morgans reckon these three ASX shares are going to rip over the next year.

Here’s why.

Airtasker Ltd (ASX: ART)

The Airtasker share price is 22 cents, down 2.3% today and down 46% over 12 months.

Morgans kept its buy call on this ASX communications share after reviewing Airtasker’s FY26 report.

The broker has a 12-month price target of 47 cents, suggesting a potential near-120% upside ahead.

Morgans said:

Airtasker’s (ART) FY26 result was broadly in line with our expectations.

Group revenue grew ~10% on pcp to A$57.8m (marketplaces revenue ex-OneFlare +15.5% to A$52m), and its earlier stage offshore marketplaces (UK/US) showed accelerating momentum and strong topline growth (+55%/150% respectively).

ART also announced media deals with OML and Nova, extending the brand investment runway (media inventory to deploy from FY27 now ~A$24m).

betr Entertainment Ltd (ASX: BBT)

The betr Entertainment share price is steady at 20 cents on Tuesday, and down 33% over 12 months.

Morgans reiterated its buy rating on this ASX retail share after the company’s FY26 results.

The broker has a target price of 36 cents, implying a potential 80% upside over the next year.

Morgans said:

BETR Entertainment (BBT) finished the year strongly, with normalised EBITDA of $6.1m in the second half against guidance of $5m to $8m, a $19.3m swing on the first half.

Full year normalised EBITDA of -$7.1m was a touch below our -$6.2m, with a gross profit beat offset by a higher cost of doing business.

Encouragingly, current trading remains healthy. Through the first eight weeks of FY27, turnover is up more than 20%, new customers have almost doubled, CPA is down 31% and promotional cost is down 9%, all excluding the FIFA World Cup.

The company announced the launch of its new first to market ‘Wildcards’ same game multi (SGM) feature that will launch during the Wildcard AFL round this weekend.

Mach7 Technologies Ltd (ASX: M7T)

The Mach7 Technologies share price is steady at 28 cents today, and down 10% over 12 months.

Morgans reaffirmed its buy rating on the ASX healthcare share after reviewing Mach7’s FY26 report.

The broker raised its 12-month price target from 44 cents to 48 cents.

This suggests a potential 70% upside ahead.

Morgans said:

The market should be broadly comfortable with the result given recent trading updates, but new contract delivery remains the key requirement before investors are likely to begin marking the stock materially higher.

Revenue and OPEX landed broadly in line with guidance, while the NPAT miss was driven by a A$1.9m restructuring charge and a weaker tax benefit rather than deterioration in the core subscription business.

Moderate increase in target price due to model roll-forward, lower share count, and leaner-than-expected cost base.

Upside potential to target presents an opportunity but needs new contract momentum to spark renewed interest.

The post 3 ASX shares tipped by broker to rise 70% to 120% appeared first on The Motley Fool Australia.

More reading

• 4 ASX All Ords shares with 40% to 90% upside post-results: experts

Motley Fool contributor Bronwyn Allen 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 Mach7 Technologies. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Airtasker. 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.

Fortescue Ltd (ASX: FMG) shares have fallen to a new 52-week low on Tuesday.

At the time of writing, the Fortescue share price is down 2.37% to $17.28 after briefly touching $17.10 earlier this morning.

There’s a pretty simple explanation behind much of today’s fall. Fortescue is trading ex-dividend for its 46-cent fully franked final dividend, which is due to be paid later this month.

Still, today’s move continues what has been a difficult year for shareholders.

Fortescue shares are now down around 21% since the start of 2026 and have fallen roughly 6.7% over the past month.

So, with the shares back at their lowest level in a year, is this starting to look like a buying opportunity?

A rough few months

Fortescue shares were trading above $22 in late May before beginning their latest slide.

The stock has struggled to regain momentum since then and entered September close to the bottom of its 52-week range.

Today’s ex-dividend move needs to be kept in context. The shares closed at $17.70 yesterday and investors buying from today will no longer receive the 46-cent final dividend.

Looking beyond today’s price swing, Fortescue recently reported FY26 underlying EBITDA of US$8.6 billion, up 9%, and underlying net profit rose 9% to US$3.5 billion.

Free cash flow increased 25% to US$3.2 billion, while iron ore shipments reached a record 201.3 million tonnes.

What do brokers think?

Despite the weaker share price, brokers remain fairly cautious.

According to TipRanks, the average 12-month price target across 11 analysts is $17.95. That’s only around 4% above the current Fortescue share price.

There are currently 2 ‘buy’ ratings, 6 ‘holds’ and 3 ‘sells’.

Morgan Stanley is one of the more bearish brokers. It reiterated its ‘sell’ rating on Tuesday with a $15.45 price target, implying downside of around 11% from current levels.

At the other end, Macquarie has a ‘buy’ rating and $20 target, while Ord Minnett is also positive with a $19.50 target.

Is it time to buy Fortescue shares?

The falling share price has certainly made Fortescue look cheaper than it did a few months ago.

The company paid $1.08 per share in fully franked dividends across FY26. Based on the current share price, that represents a trailing dividend yield of around 6.3%.

But brokers don’t see a huge amount of upside on average, and the shares have remained in a clear downtrend since May.

That leaves investors with a mixed picture. The shares are cheaper and the dividend yield looks decent, but brokers are hardly rushing to call the stock a bargain.

A lot will depend on whether Fortescue can keep producing strong cash flow from here.

The post Fortescue shares just hit a 52-week low. Is it time to buy? appeared first on The Motley Fool Australia.

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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 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 Small Ords Index (ASX: XSO) is down 9% in the calendar year to date (YTD) and up 3% over the past month.

Meanwhile, the S&P/ASX All Ords Index (ASX: XAO) has risen 2% in the YTD and is 0.5% higher over the past month.

This week on The Bull, two experts offer their latest ratings and insights on 3 ASX small-cap shares.

Advanced Engineered Materials Ltd (ASX: AEM)

AEM produces high purity alumina (HPA) and has production facilities in Quebec, Canada.

The Advanced Engineered Materials share price is steady at 35 cents on Tuesday, and down 43% over 12 months. 

Jonathan Tacadena from MPC Markets has a buy rating on this ASX small-cap materials share. 

Tacadena said: 

HPA is a specialised form of aluminium oxide, which is a critical input for a range of commercial applications, including electronics, semi-conductors and lithium-ion batteries.

The Quebec plant operates a patented low-cost process and is expanding production.

AEM continued to increase production in the first half of 2026 and unaudited revenue was up 85 per cent on the prior corresponding period.

In our view, the stock is trading at a discount and offers good value.

Kina Securities Ltd (ASX: KSL)

KSL is Papua New Guinea’s second largest commercial bank and financial services company, and its biggest wealth manager.

The Kina Securities share price is $1.20, down 0.4% today and down 8% over 12 months. 

Remo Greco from Sanlam Private Wealth has a buy call on this ASX small-cap financial share. 

Greco said: 

Substantial resource development is driving strong lending growth.

The bank’s strong capital base is poised to generate growth and increase its market share. 

In July, the company forecast net profit after tax to increase between 15 per cent and 20 per cent for the financial year ending December 31, 2026.

KSL’s dividend yield is also appealing as it was recently trading above 7.5 per cent.

Metrics Master Income Trust (ASX: MXT)

Metrics Master Income Trust is a non-bank corporate lender and alternative asset manager.

The Metrics Master Income Trust share price is $1.89, down 0.8% today and down 8% over 12 months. 

Greco has a sell rating on this ASX small-cap income share.

He explained: 

MXT … specialises in fixed income, private credit, equity and capital markets.

The trust allocates capital across corporate loans and other income producing assets to pay its investors a regular income.

Our concern is a weakening economy operating under the weight of persistent inflation, stubbornly high interest rates and recent tax changes announced in the federal budget that could penalise capital growth.

The company’s listed price can be volatile.

The post 2 ASX small-cap shares to buy and 1 to sell: Experts appeared first on The Motley Fool Australia.

More reading

• Kina Securities lifts profit and dividend in half-year 2026 earnings
• 2 ASX dividend shares yielding 8% (or higher)
• Metrics Master Income Trust posts unfranked August 2026 distribution

Motley Fool contributor Bronwyn Allen 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.