Tag: Stock pick

Shares in ASX defence stock, Austal Ltd (ASX: ASB), have fallen further into the red in Tuesday trading. 

At the time of writing, the shares are down another 0.5% and are trading at $3.38 each.

The drop means the shares have now fallen by more than 50% year to date and are also around 45% lower than this time last year.

What does Austal do?

Austal is an Australian-based global shipbuilding company specialising in the design, construction, and support of defence and commercial vessels.

These include naval vessels, defence surface warfare combatants, and law enforcement patrol boats.

The company also installs and maintains vessel command and control systems, communication and radar technology, and information management systems.

What happened to the ASX defence stock?

Its share price spiked to an all-time high of $8.76 in January as tailwinds pushed ASX defence sector stocks higher overall.

The company also won a few new contracts in late December, including a contract extension worth more than $135 million to build two new Evolved Cape-class Patrol Boats for the Australian Border Force, bringing the total contracted to 14 vessels. 

Austal was also awarded a $1.029 billion design and construct contract to build 18 Landing Craft Medium (LCM) vessels for the Australian Army under the Commonwealth’s Strategic Shipbuilding Agreement.

In January, US President Donald Trump also said the 2027 US defence budget should be US$1.5 trillion, well above the US$901 million approved so far. Other countries also began bolstering their defence spending.

In February, Austal posted its first-half FY26 results, revealing a 34.4% year-on-year increase in revenue. Its EBIT also climbed 41.3%, and net profit climbed 21.4%. But it also cut its earnings guidance for FY26, citing an accounting issue. 

The news spooked investors and triggered a sell-off that Austal shares have struggled to recover from.

Surprisingly, even news of the increase of conflict in the Middle East didn’t do enough to convince investors to buy back in.

The shares are now down 61% from that January peak.

Are Austal shares a buy, sell, or hold now?

If broker forecasts are anything to go by, it’s time to load up on Austal shares while they’re still cheap.

TradingView data shows that there are only three analyst ratings on the ASX defence stock. One is a hold, and the other two are a strong buy.

They all agree on some element of upside ahead, although the range is pretty significant.

The minimum $4.10 target price implies a potential 20% upside.

The average $6.14 target price implies a potential 80% upside, at the time of writing.

And the maximum $7.71 target price implies that the shares could jump 126% higher over the next 12 months.

The post Down 61%: Can this ASX defence stock rebound, or is it time to sell up? appeared first on The Motley Fool Australia.

More reading

• Here’s why investors should be concerned about Austal shares moving forward
• 5 things to watch on the ASX 200 on Monday
• Here are the top 10 ASX 200 shares today

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 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.

Ampol Ltd (ASX: ALD) shares have climbed around another 0.5% to a fresh two-year high of $38.08 in Tuesday trade.

At one point this morning, the petroleum company’s shares were trading as high as $38.33.

Today’s increase means the shares are now up 19% for the year to date, and have rallied 40% higher over the past 12 months.

What has pushed Ampol shares to a multi-year high?

Ampol’s shares have been driven higher by a combination of volatile global oil supply and company growth, including improved production and profit.

The company is Australia’s largest transport energy distributor and retailer, with more than 1,800 Ampol-branded service stations across the country. 

Unsurprisingly, its shares have rocketed higher on the back of conflict in the Middle East and concerns about global oil supply.

Ampol shares have jumped 37% higher since the war between the US and Iran ramped up in late February.

The shares suffered a temporary lull towards the back end of June when it looked like the two nations had reached a peace deal. Even so, the ceasefire was unstable, and even though the Strait of Hormuz partially reopened, supply continued to be very constrained and unpredictable. 

But Ampol shares rocketed higher again this morning as the peace talks fell apart in early July and the region descended into war again.

According to Trading Economics, the price of WTI crude oil has also surged higher this month, and is trading over the US$83 per barrel mark at the time of writing. 

There is still some way to go before the price returns to the US$113 per barrel level seen in April, but it is still significantly higher than the US$60 per barrel levels seen earlier this year.

Prices for Brent oil, gasoline, heating oil, and Ethanol have also jumped higher over the past month.

It’s not only oil supply and prices supporting this year’s share price rise.

Ampol has also posted a few updates that have gathered investor attention. In June, Ampol received the green light, with conditions, from the Australian Competition and Consumer Commission (ACCC) for a proposed acquisition of fuel and convenience store operator EG Australia. 

The company previously confirmed a 10% increase in refinery production, higher refiner margins, and increased production in its Q1 FY26 trading update.

What are brokers tipping for Ampol shares next?

It looks like we could see some more upside for Ampol shares over the next 12 months.

Market Index data shows that the majority of brokers have a buy rating on the shares. The $38.75 target price currently implies a potential 2% upside.

TradingView data shows something similar. Out of 10 analysts, eight have a buy or strong buy rating on the stock. One more rates Ampol shares as a hold and one as a sell.

The average $38.29 target price implies a potential 1% upside over the next 12 months, at the time of writing. Whereas, the maximum $46.50 target price implies the shares have the potential to surge another 23%.

The post Ampol shares rallied 40% to hit fresh 2-year high. Buy, sell or hold? appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX 200 shares today
• ASX 200 energy shares rebound after US-Iran peace deal falls apart
• Here are the top 10 ASX 200 shares today
• Ampol launches new $400m subordinated notes facility

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 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.

Yancoal Australia Ltd (ASX: YAL) shares are charging higher today.

Shares in the S&P/ASX 200 Index (ASX: XJO) coal stock closed yesterday trading for $5.68. At the time of writing, shares are changing hands for $5.96 apiece, up 4.9%.

For some context, the ASX 200 is down 0.4% at this same time.

Yancoal shares have been strong performers in 2026, up 20.2% since market close on 31 December. That compares favourably to the more modest 0.5% gain posted by the ASX 200 over this same period.

And that’s not including the 12.2 cents per share fully-franked dividend Yancoal paid eligible stockholders on 15 April.

The ASX 200 coal stock trades on a fully-franked trailing dividend yield of 3.1%.

But following these strong share price gains, is the coal miner still a buy today?

Yancoal shares: Buy, hold, or sell?

Investor Pulse’s Mark Elzayed recently analysed the outlook for the resurgent coal miner (courtesy of The Bull).

“Yancoal is balancing strong fundamentals against a near term overhang,” he said.

Elzayed elaborated:

In April, YAL announced it would acquire 80% of the Kestrel metallurgical coal mine in the Bowen Basin for US$2.4 billion. The acquisition is accretive over the long term, but adds leverage.

Summarising his hold recommendation on Yancoal shares, Elzayed concluded:

Diesel cost inflation threatens to push 2026 unit costs toward the top end of its guidance range. Consensus targets of about $7.02 on July 15 imply upside, but integration and coal price risks argue for holding the stock rather than adding.

What’s the latest from the ASX 200 coal stock?

Yancoal reported its second-quarter (Q2 2026) results after market close on Monday.

Highlights for the three months to 30 June included a 20% quarter on quarter lift in attributable saleable coal production to 10.8 million tonnes. That presents a new quarterly production record.

The Yancoal share price also looks to be getting a lift today, with the company reporting that the average prices it received for most of its seaborne thermal coal increased by 14% to 19% over the quarter.

As for the rising diesel costs that Elzayed mentioned above, Yancoal noted:

While diesel price pressure has eased compared to early 2Q, some price uncertainty remains. We are still incurring higher prices, but the outlook for the overall impact on our 2026 operating costs has moderated.

Commenting on the company’s recent US$2.4 billion acquisition, Yancoal CEO Sharif Burra said:

In April, we announced the acquisition of an 80% interest in the Kestrel Coal Mine. Adding a large, long-life asset that produces hard-coking coal at strong margins is a compelling step forward in Yancoal’s growth strategy.

The post Up 20%, are Yancoal shares still a good buy right now? appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX 200 shares today
• Buy, hold, sell: SKS Technologies, Yancoal, Wesfarmers shares
• Here are the top 10 ASX 200 shares today
• ASX 200 energy shares rebound after US-Iran peace deal falls apart
• Here are the top 10 ASX 200 shares today

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.

DroneShield Ltd (ASX: DRO) shares are up around 0.5% in Tuesday morning trade, at $2.17 a piece.

The increase is good news for investors, but it’s been a volatile ride for the ASX defence stock this year.

DroneShield shares have fluctuated anywhere between $4.74 in January and a low of $2.14 late last week. At the current trading price, the stock is down 35% year to date and 54% from its January 2026 peak.

The shares are also now 41% below trading levels this time last year.

What happened to DroneShield shares in the first half of 2026?

There has been a turnaround in sentiment around DroneShield shares over the past few months.

After a strong start to the year, supported by higher global defence budgets and geopolitical volatility following conflict in the Middle East, the share price started falling. Investors flocked to defence-related shares when governments around the world hiked their defence budgets and geopolitical risk worsened. 

After a peak in late-March, it looks like investors started turning their back on the stock and a sell-off accelerated into May and again in June.

A combination of recent governance and regulatory issues and the cooling of conflict in the Middle East dragged DroneShield shares down.

And surprisingly, reignited conflict in the region hasn’t done anything to support investor interest in the defence technology company.

It looks like, now, investors are concerned that the company’s future growth may not be large enough to justify its share price. 

Is the ASX defence stock a buy, sell, or hold?

I think sentiment around DroneShield shares is finally cooling. I think we could see some more downside over the next few weeks ahead of the company’s half-year FY26 financial results announcement in mid August.

It looks like analysts are sharply divided about DroneShield shares, too.

TradingView data shows that out of four analysts, two have a strong buy rating, and two have a sell or strong sell rating.

The average $3.22 target price still implies a potential 48% upside at the time of writing. The maximum $4.80 target price implies that DroneShield shares could leap another 120%. 

Meanwhile, some are more bearish, tipping the shares to fall 6% from the current trading price, to $2.05 a piece. 

Canaccord Genuity is one analyst with a bullish view on the shares. It renewed its buy rating on Droneshield shares earlier this month, with a 12-month price target of $3.75.

The post Down 41%: Can DroneShield shares bounce back, or is the rally finally over? appeared first on The Motley Fool Australia.

More reading

• 3 ASX 200 shares down over 30% that I’d buy
• These are the 10 most shorted ASX shares
• Down 65%: Are DroneShield shares a buy, hold, or sell?
• These are the 10 most shorted ASX shares
• DroneShield shares crash another 7% today: Is this the end for the once-soaring defence stock?

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 DroneShield. 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.

Earning a passive income off your superannuation balance is easier than you’d think.

You just need to know how to invest it, and understand what level of passive income to expect.

The benefit of investing your superannuation for a passive income in retirement is that it comes with the added benefit of low tax rates and long-term compounding.

The only downside is that you can’t access it until you reach retirement age.

But how much do you actually need in your super to be able to earn the passive income you want in retirement?

Let’s break it down, using a monthly $7,000 passive income as a guide.

How much do I need in my superannuation to get a passive income of $7,000 every month?

There’s a simple calculation you can use. First you’d need to work out what your monthly passive income totals over the year, then divide that annual passive income figure by the dividend yield of your portfolio.

For example, $7,000 x 12 = $84,000. Divide that by a 3% yielding portfolio and you’ll need a $2.8 million portfolio in order to earn $84,000 per year (or $7,000 per month).

Of course, a $2.8 million superannuation balance isn’t achievable for many Australians. 

But the good news is that, as your dividend yield increases, the superannuation balance required to earn the same passive income goes down.

For example, a portfolio with a dividend yield of around 6% only needs to be half the size of one with a dividend yield of around 3% to generate the same level of passive income. 

How much do I need in my superannuation if my portfolio yields 4%?

To earn $84,000 per year off a 4% yielding portfolio, you’d need to have a balance of around $2.1 million.

ASX shares that could fit the bill are things like Westpac Banking Corporation Ltd (ASX: WBC), ANZ GRoup Holdings Ltd (ASX: ANZ), or Transurban Group (ASX: TCL). These all yield 4% or a little more.

• How much do I need in my superannuation if my portfolio yields 5%?

To earn the same $84,000 per year off a 5% yielding portfolio, you’d need to have a superannuation balance closer to $1.68 million.

Shares that yield 5% or just over are things like Woodside Energy Group Ltd (ASX: WDS) Universal Store Holdings Ltd (ASX: UNI) and AGL Energy Ltd (ASX: AGL).

What about for a 6% yielding portfolio?

A superannuation balance around $1.4 million can earn the same passive income on a 6% yielding portfolio.

Harvey Norman Holdings Ltd (ASX: HVN), Fortescue Ltd (ASX: FMG) and Dexus Industria REIT (ASX: DXI) are good examples of ASX shares that yield around 6%.

And for a portfolio that yields 7% or 8%, what do I need then?

Higher yielding shares mean investors can earn the same passive income off a much smaller superannuation balance, but they do come with added risk.

A $1.2 million or $1.05 million portfolio yielding 7% or 8% respectively, could earn $84,000 in passive income.

Higher yielding options are ASX shares like the BetaShares Australian Top 20 Equities Yield Maximiser Complex ETF (ASX: YMAX), GQG Partners Inc (ASX: GQG) or Centuria Office REIT (ASX: COF).

The post How much do I need in my superannuation to earn $7k per month in passive income? appeared first on The Motley Fool Australia.

More reading

• These ASX shares could generate $12,000 per year in passive income
• What’s not to love about these discounted ASX shares with big dividend yields?
• How much must I invest in Westpac shares to earn a $1,000 passive income in 2027?
• 3 ASX dividend shares to buy with 5%+ yields
• Are Westpac shares a top buy this week?

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 Transurban Group. The Motley Fool Australia has positions in and has recommended Harvey Norman and Transurban Group. The Motley Fool Australia has recommended Gqg Partners and Universal Store. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Brokers can’t agree on how much AIC Mines Ltd (ASX: A1M) shares will go up, but two of them agree the company is currently undervalued.

New production guidance impressing analysts

Both Bell Potter and Barrenjoey have published new research reports on AIC in the past few days, after the company announced guidance for the current year and a three-year growth outlook for its Eloise and Jericho copper mines.

The company said it was “an exciting time” as it transitioned from a small-scale, single mine to a 1.5 million tonne per annum dual mine operation producing 25,000 tonnes per annum in copper concentrate,

For the current year, AIC said it expected to produce 17,500-18,000 tonnes of copper, weighted to the second half of the year.

Guidance for the following year was for production of 20,000-22,000 tonnes, increasing to 25,000-27,000 tonnes in FY29.

The company added:

The Stage 2 Eloise plant expansion to 1.5Mtpa is now targeted to be completed in the December 2028 Quarter, approximately 2 years earlier than previously planned. This expansion, along with accelerated underground development at Jericho, is expected to increase copper production by a further 25% to over 25,000tpa in concentrate from FY29. No additional funding is required for the Stage 2 Eloise plant expansion or accelerated underground development at Jericho. However, the US$40 million Trafigura Prepayment Facility for the Eloise Expansion Project (currently drawn to US$30 million) has recently been expanded by US$10 million to a total US$50 million to ensure cost overruns or production delays can be managed, if required.

Bell Potter increased its price target on AIC shares following the announcement, boosting it from 90 cents to 95 cents.

The Bell Potter analysts said the accelerated stage 2 expansion was a positive, and had not previously been incorporated into their modelling.

They added that the company, “has a strong track record of delivering to guidance and a well-credentialed management team”.

Second broker even more positive

Barrenjoey has an even more bullish price target of $1.20 on AIC shares, compared to 64.75 cents currently.

They said regarding the announcement:

In our view the market should like the guidance and plans to grow further at reasonable costs/capex and an upsized debt facility. In the short term, FY27 is guided to be a more productive/cash generative year than we expected. We lift our FY27 production forecast by 16% to 17.5kt, at the lower end of A1M’s guidance, allowing for some execution risk. This drives an uplift in our FY27 EBITDA by 9% to $181m and an increase in free cash flow by about A$40m to now be $11m (from -$33m before), which means a better balance sheet position.

The post This ASX copper producer will jump 40-80%, brokers say appeared first on The Motley Fool Australia.

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• Why this ASX copper stock could rise 30%+ in 12 months
• Forget Rio Tinto and buy this ASX copper share

The All Ordinaries Index (ASX: XAO) is down 0.4% in Tuesday morning trade, but that’s not holding back this ASX All Ords silver share.

The outperforming miner in question is Andean Silver Ltd (ASX: ASL).

Andean Silver shares closed yesterday trading for $1.83. At the time of writing, shares are swapping hands for $1.86 apiece, up 1.6%.

This outperformance follows a promising exploration update from the company’s Cerro Bayo Silver-Gold Project, located in Chile.

Here’s what we know.

ASX All Ords silver share lifts on bonanza-grade silver-gold results

The Andean Silver shares price is marching higher today after the miner reported that it has defined a “highly prospective” new area at Cerro Bayo.

The ASX All Ords silver share said the area has the potential to host a major silver-gold system, rather than isolated vein occurrences. And the new trend, named the Juanita Prospect, is situated just six kilometres from the Laguna Verde processing facility.

Noting that mineralised breccia zones were observed with widths up to 18 metres, some of the top initial outcrop mapping and rock chip sampling of these zones returned results that included:

• 62,663g/t silver equivalent (25,047g/t Ag & 453.2g/t Au) or 755g/t AuEq
• 41,489g/t silver equivalent (37,024g/t Ag & 53.8g/t Au) or 500g/t AuEq

Andean Silver said that prior historic scout drilling and channel sampling programs conducted in this area hadn’t comprehensively tested the high-grade breccia zones, with only five holes and channels intersecting parts of this higher-grade system.

The ASX All Ords silver share is now progressing with geological mapping and sawn channel sampling along the two-kilometre-long Juanita trend to further define the extent of the high-grade silver gold mineralisation prior to drill testing the zone.

What did Andean Silver management say?

Commenting on the results helping lift the ASX All Ords silver share today, Andean Silver managing director Matthew Allen said, “Juanita is emerging as a potentially significant silver-gold prospect.”

Allen added:

Its mineralisation differs from the vein-style deposits common across the company’s tenure, with high-grade silver and gold occurring over a substantial strike length and through multiple mineralising events.

Juanita historically has remained underexplored for 20 years due to the subtle surface expression of the system exposed on surface and limited intersection in historic scout drilling.

Juanita represents a third new large exploration area identified outside the existing resources at the Cerro Bayo Project, which include the Guanaco and Droughtmaster corridors, building Andean’s future prospect pipeline.

With the miner reporting $53.4 million in cash at the end of the March quarter, it said it is well-funded for the growth drilling and future feasibility works ahead.

The post Why is this ASX All Ords silver share jumping higher in Tuesday’s slumping market? appeared first on The Motley Fool Australia.

More reading

• Andean Silver Bonanza silver-gold unearthed at Cerro Bayo’s Juanita prospect

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.

Hub24 Ltd (ASX: HUB) has reported net platform inflows of a record $18.9 billion for the past financial year, up 20%.

Growing demand for financial advice

The financial services platform provider said total funds under administration sat at $164.3 billion at the end of June, also up 20%, comprised of platform funds under administration of $139.5 billion and portfolio, administration and reporting services funds under administration of $24.8 billion.

The company added:

Hub24 delivered strong growth in Q4 FY26, with Platform funds under administration increasing 9% over the quarter to $139.5 billion as at 30 June 2026 (up 24% on previous corresponding period). This reflected continued momentum in net inflows of $4.2 billion, alongside positive market movements of $7.5 billion. In the context of market volatility and the recent tax changes proposed in the Federal Budget, the net inflows were stable on the previous corresponding period when excluding large migrations, with year-on-year growth in superannuation net inflows offset by lower net inflows into Investor Directed Portfolio Services.

Hub24 said during the past quarter, the total number of advisers using its platform increased by 100 to 5,649.

The company said in the most recent data collected by industry analyst Plan For Life, it ranked first in both quarterly and annual net inflows for a 10th consecutive quarter.

Hub24 added:

Hub24 also achieved the largest annual market share gain of all platform providers, increasing market share to 9.9% as at 31 March 2026 (up from 8.6% in the previous corresponding period), and is ranked the sixth largest platform by fund under administration.

The company said strong demand for financial advice was underpinned by demographic trends and Australia’s compulsory superannuation system.

The company added:

The proposed tax changes announced in the Federal Budget further reinforce the need for professional advice and the attractiveness of the superannuation system. With these structural growth drivers and a strong pipeline of opportunities across new and existing relationships, Hub24 is well positioned to deliver ongoing growth.

Broker says shares are looking cheap

Morgan Stanley has included Hub24 in its small-mid cap ideas list, saying in a note to clients that a broader sell-off in Australian technology growth stocks has pushed its share price lower.

Morgan Stanley says Hub24 has “delivered industry leading net flows and funds under administration growth as well as operating leverage in recent periods, yet has underperformed its closest peers”, which are Netwealth Ltd (ASX: NWL), Praemium Ltd (ASX: PPS), and AMP Ltd (ASX: AMP) on a year-to-date basis.

The broker said they believed the Federal Budget created more demand for financial advice and increased relative tax advantages for superannuation, which would benefit Hub24.

Morgan Stanley has a price target of $120 on Hub24 shares compared to $83.97 currently.

The post This ASX financial services company has just reported a 20% jump in funds under management appeared first on The Motley Fool Australia.

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• HUB24 earnings: Record $18.9bn net inflows lift FUA
• 4 ASX share tips from 4 brokers, for returns better than 40%
• Where to invest $10,000 in ASX 200 shares in July
• The superannuation concessional contributions cap just rose to $32,500. Here’s how to make the most of it
• New parents are now earning superannuation on parental leave. Here’s how to make the most of it

Motley Fool contributor Cameron England has positions in Hub24. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Hub24, Netwealth Group, and Praemium. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool Australia has recommended Hub24. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Telix Pharmaceuticals Ltd (ASX: TLX) shares are charging higher today.

Shares in the S&P/ASX 200 Index (ASX: XJO) diagnostic and therapeutic product developer closed yesterday trading for $15.10. In early morning trade on Tuesday, shares are changing hands for $15.48 apiece, up 2.5%.

For some context, the ASX 200 is down 0.6% at this same time.

Telix shares have been on fire since plumbing a one-year closing low of $8.63 on 16 February. Indeed, with today’s intraday lift factored in, the ASX 200 healthcare share has surged 79.4% since that low.

Here’s what’s catching investor interest today.

Telix shares jump on revenue growth

Telix shares are outperforming following the release of the company’s second-quarter results (Q2 2026), covering the six months to 30 June.

Highlights included a 21% year-on-year revenue boost to US$247 million (AU$353 million). Second-quarter revenue was up 7% from the prior quarter.

The company’s Precision Medicine segment brought in US$202 million of that quarterly revenue, a 30% increase from Q2 2025 and up 9% from last quarter.

The quarter also saw Telix finalise its strategic collaboration with antibody discovery and development platform developer Regeneron. The two companies will now work to jointly develop and commercialise next-generation radiopharmaceutical therapies.

Looking at what could impact Telix shares in the months ahead, the company forecasts that full-year 2026 revenue and other income will exceed US$1 billion. Revenue was reported to be tracking in line with the upper end of Telix’s 2026 guidance of US$950 million to US$970 million, plus US$40 million non-refundable other income from Regeneron.

On the expenditure side, Telix increased its full-year 2026 R&D expenditure guidance to US$230 million to US$270 million. The company said the increased spend will support the advancement of high-value clinical programs beyond its original R&D forecast.

What did management say?

Commenting on the results helping boost Telix shares today, CEO Christian Behrenbruch said, “We delivered another quarter of growth with US dose volumes increasing 7% during the quarter, driven by growing demand for Gozellix and continued strength across our PSMA7 imaging portfolio.”

Behrenbruch added:

This performance underscores the strength of our differentiated two-product PSMA imaging strategy and reinforces Telix’s market leadership, built on clinical differentiation, supply chain resilience and commercial execution. During the quarter, we achieved key regulatory, commercial and clinical milestones across both our Precision Medicine and Therapeutics businesses.

Looking ahead, Behrenbruch concluded:

We are tracking in line with the upper end of our FY 2026 revenue guidance and are investing further in R&D to accelerate a number of high-value programs that have the potential to create significant future growth and shareholder value.

The post Up 79% since February, why are Telix shares jumping higher again on Tuesday? appeared first on The Motley Fool Australia.

More reading

• Top 3 ASX healthcare stocks to watch
• Telix Pharmaceuticals: Q2 2026 revenue jumps 21%
• These are the 10 most shorted ASX shares
• Down 9%: Is the rebound over for Telix shares?
• These are the 10 most shorted ASX shares

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

The WAM Income Maximiser Ltd (ASX: WMX) share price is in focus after the company announced a fully franked monthly dividend of 0.66 cents per share, payable at the end of October 2026.

What did WAM Income Maximiser report?

• Dividend of 0.66 cents per share, fully franked
• Record date: 20 October 2026
• Ex-dividend date: 19 October 2026
• Payment date: 30 October 2026
• Dividend covers the October 2026 period
• Dividend Reinvestment Plan (DRP) available, no discount applied

What else do investors need to know?

WAM Income Maximiser continues its established pattern of delivering monthly, fully franked dividends with this latest announcement. The dividend is set at 0.66 cents per share, in line with recent payments, offering ongoing income to shareholders.

Investors can choose to reinvest their dividends via the company’s Dividend Reinvestment Plan (DRP). The DRP will operate at no discount, with the reinvestment price based on the volume weighted average market price across the four trading days from the ex-dividend date.

It’s important to note that shareholders need to confirm their DRP participation by 5pm on Thursday, 22 October 2026, if they wish to reinvest their dividends.

What’s next for WAM Income Maximiser?

WAM Income Maximiser remains focused on delivering regular, tax-effective income to shareholders through monthly, fully franked dividends. The ongoing DRP provides flexibility for investors seeking to accumulate more shares.

Looking ahead, the company will likely maintain its dividend strategy while monitoring market conditions and the performance of its investment portfolio.

WAM Income Maximiser share price snapshot

Over the past 12 months, WAM Income Maximiser shares have risen 4%, outperforming the S&P/ASX All Ords Index (ASX: XAO), which has risen 1% over the same period.

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The post WAM Income Maximiser announces fully franked October 2026 dividend 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.