Tag: Stock pick

BHP Group Ltd (ASX: BHP) shares fell 3.02% to $62.63 on Thursday as iron ore slipped back below US$100 a tonne.

Rio Tinto Ltd (ASX: RIO) dropped 3.45% to $173.15, and Fortescue Ltd (ASX: FMG) lost 2.41% to $17.19.

Overall, mining shares did much of the damage to the index on the day.

The question is whether a sub-US$100 iron ore price will lead to sustained declines for these miners.

Why BHP shares are less exposed than they look

The composition of BHP’s earnings has changed.

Copper now accounts for 54% of group earnings before interest, tax, depreciation and amortisation.

Iron ore is still enormous, but it is no longer the majority of the business.

The FY26 result showed what that mix produced.

Underlying EBITDA rose 27% to a record US$32.9 billion and underlying attributable profit climbed 30% to US$13.2 billion.

Net operating cash flow grew 17% to US$21.8 billion.

BHP determined US$8.7 billion of dividends, or 172 US cents per share, on a 66% payout ratio.

Net debt finished at US$8.7 billion, around 0.3 times EBITDA.

Management is guiding to 3% to 4% compound annual growth in copper equivalent volumes through to FY35, with capital expenditure steady near US$11 billion in FY27.

What the miners earn at these prices

Fortescue is the most pure iron ore exposure of the three.

The company’s FY26 revenue grew 9% to US$17.0 billion and underlying EBITDA rose 9% to US$8.6 billion at a 51% margin.

Free cash flow increased 25% to US$3.2 billion and shipments hit a record 201.3 million tonnes.

The company’s Hematite C1 unit cost was US$18.74 per wet metric tonne.

That cost number is one to watch.

At under US$19 a tonne to dig it out, Fortescue still makes very good money with iron ore near US$100.

FY27 guidance does show costs rising to between US$20.50 and US$21.75 a tonne.

What brokers make of BHP shares

Not everyone is convinced after the run.

Gray Perry Wealth Advisers’ Blake Halligan has a hold recommendation on the miner.

BHP remains a high-quality diversified miner with large, low-cost assets and increasing exposure to copper.

His reasoning for holding was equally direct.

Commodity-price sensitivity and project execution risks support retaining BHP rather than increasing exposure.

That caution is understandable given the starting point.

Including dividends, BHP has returned about 62% over the past 12 months and reclaimed its position as the largest company on the ASX.

How the three compare today

The valuations tell three different stories.

BHP trades on a price-to-earnings ratio of 23.3 with a 3.87% fully franked yield after gaining 43% this calendar year.

Rio Tinto sits on 17.2 times earnings with a 3.81% yield and is up 24% year to date.

Fortescue is on 13.6 times with a 6.16% yield, and is down 15% for the year.

Foolish takeaway

Iron ore below US$100 matters most to the company that sells nothing else.

That is Fortescue, and it is also the cheapest of the three by a wide margin.

BHP shares are the highest quality and most expensive, and the copper transition provides valuable diversification benefits.

The post Iron ore is back below US$100. Are BHP and Rio Tinto shares still buys? appeared first on The Motley Fool Australia.

More reading

• ASX 200 dives to a 6-week low. What’s behind today’s sell-off?
• How many Fortescue shares do I need to buy to earn $1,000 per month in passive income?
• How much could the Fortescue share price rise in the next year?
• Up 62% in a year are BHP shares now a buy, hold or sell?
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Mark Verhoeven 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 BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

CSL Ltd (ASX: CSL) shares have risen as much as 90% from their June low. At this point, the broker community can’t agree on what is next for CSL shares.

The stock bottomed at $90.00 in June, an eleven-year low.

Shares closed Wednesday at $171.21 before easing to $166.89 on Thursday.

Some of that fall is mechanical, because the shares traded ex-dividend on Wednesday ahead of a $2.28 per share dividend payment on 2 October.

Why CSL shares recovered so quickly

The catalyst was a result that looked terrible but read rather well.

FY26 revenue slipped 1% to US$15.8 billion and the company reported a statutory net loss after tax of US$2.6 billion.

That loss included US$7.1 billion of pre-tax impairments and US$799 million of restructuring costs, most of it non-cash.

Underlying net profit after tax and amortisation fell just 2% to US$3.1 billion.

Investors had been warned.

CSL flagged around US$5 billion of impairments back in May and cut its guidance at the same time.

By August the market was ready to treat the write-downs as history.

Interim chief executive Gordon Naylor was upbeat:

FY26 has been a year of reset. We have taken decisive action and created a clear path to return to sustainable growth. Plasma market fundamentals and demand remain robust and momentum is building behind our newer therapies, such as ANDEMBRY and HEMGENIX.

What FY27 has to deliver

The bull case now rests on guidance.

CSL expects revenue to be steady in FY27 with underlying net profit growing approximately 5%.

Consensus had been closer to 2%, so the guidance was a true upgrade.

Behring is expected to grow revenue at a mid-single-digit rate, led by immunoglobulins.

Seqirus is guided to low single-digit growth as US immunisation rates soften.

Vifor is the problem, with revenue forecast to fall about 25% as iron generics enter the market.

Vifor itself was the source of most of the impairments, and it is now shrinking at a quarter a year.

The bulls argue Behring is large enough to absorb that.

The bears point out it has to do so while the group carries the cost of an unfinished transformation programme.

Where brokers disagree on CSL shares

Of 19 analysts tracked, 10 rate CSL shares a hold while nine have a buy or strong buy.

The average 12-month target is $173.04, barely above the current price.

The spread underneath that average is enormous.

The most bullish target sits at $206.76 and the most bearish at $131.49.

Foolish takeaway

The argument now is about whether a business that has just written off US$7.1 billion can compound at high single digits again.

I lean towards the bulls, largely because plasma demand has not been impacted and CSL’s cost reduction programme is starting to yield results.

What I would not do is assume there is still easy money to be made.

The post CSL shares are up 90%. Brokers can’t agree what happens next appeared first on The Motley Fool Australia.

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• How much superannuation do I need to earn $100 a day in passive income?
• CSL shares are up 90%. How much higher can they go?
• How much passive income can I earn off a $550,000 superannuation balance?
• 5 things to watch on the ASX 200 on Wednesday
• Buy, hold, sell: BHP, CSL, CBA shares

Motley Fool contributor Mark Verhoeven 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 CSL. The Motley Fool Australia has recommended CSL. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Payday superannuation has been the reality for a little over two months. The real question is: has it made you better off?

Employers have been required to pay super at the same time as wages since 1 July 2026.

That replaced a quarterly system that had operated for decades.

What payday superannuation changed

Under the old rules, employers paid contributions quarterly, with payment due within 28 days of each quarter’s end.

Money deducted as super could therefore sit with an employer for up to three months before reaching a fund.

Under the new rules, contributions must reach the employee’s fund within seven business days of payday.

The rate stays at 12%, now calculated on qualifying earnings rather than ordinary time earnings, a slightly broader base that includes relevant salary sacrifice amounts.

A first contribution for a new employee has a longer 20 business day window.

There is no grace period after that, and the Australian Taxation Office now assesses the Super Guarantee Charge itself rather than relying on employer self-assessment.

The superannuation benefit is there, but it is small

Two months in, the practical effect for a fortnightly paid worker is that roughly five pay cycles of contributions are already invested.

Under the old system, most of that money would still be sitting with the employer until late October.

Treasury modelling estimates the change could add around $6,000 to the retirement savings of the average 25-year-old over a full working career.

The larger benefit is visibility.

Unpaid super used to take months to surface, particularly in casual, labour hire and contract roles.

Under payday rules, a missing contribution shows up within weeks.

Where your superannuation goes matters more

This is the part worth spending time on.

More frequent contributions only compound if the money is invested sensibly once it lands.

The Australian portion of most balances is easy to benchmark.

For example, the Vanguard Australian Shares Index ETF (ASX: VAS) tracks the S&P/ASX 300 Index (ASX: XKO) and charges 0.07% a year.

In FY26 it delivered a total gross return of 6.19%, or 6.12% after fees.

The index itself gained 2.84% in value and paid a 3.32% dividend yield.

With $25.4 billion in funds under management, it remains the largest ETF on the ASX.

Foolish takeaway

Payday superannuation has made most Australians marginally better off, and it has made underpayment far harder to hide.

Neither of those is a reason to change what you own.

The timing of contributions is worth thousands over a career, while the investment option you sit in is worth hundreds of thousands.

I would spend ten minutes confirming the money is arriving, then spend considerably longer checking that your superannuation is in a risk setting that matches how long you have until you need it.

The post Payday superannuation is two months old. Has it made you better off? appeared first on The Motley Fool Australia.

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• What Warren Buffett’s investing style can teach superannuation investors

Motley Fool contributor Mark Verhoeven 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.

It has been a pretty horrible day on the Australian share market.

The S&P/ASX 200 Index (ASX: XJO) is down 1.56% to 8,772 points on Thursday afternoon, putting it on track for its worst session in 6 months.

But you wouldn’t know it looking at Megaport Ltd (ASX: MP1).

Megaport shares are up another 3.40% to $18.26 today and have now climbed more than 10% over the past week.

I have been watching this one closely since investors smashed the share price after its FY26 results last month.

Personally, I think the market went too far.

And with the shares starting to move higher again, I think $25 could be back on the table sooner than many investors expect.

Why did Megaport shares get smashed?

Megaport was trading above $22 in August before falling as low as $16 earlier this month.

The big concern was spending.

Management expects capital expenditure of between $1.28 billion and $1.38 billion in FY27 as the company pours money into its growing compute business.

That is obviously a huge number for a company with a market capitalisation of around $4.3 billion.

But I think investors became so focused on the spending that some of the growth numbers were pushed aside.

FY26 revenue increased 37% to $312.2 million, while group annual recurring revenue jumped 62% to $395.2 million.

EBITDA came in at $77.1 million, with a margin of 25%.

And FY27 could be a much bigger year.

Megaport expects revenue of between $620 million and $730 million, meaning revenue could at least double this year.

There is a lot happening here

The part I like is that Megaport isn’t simply spending billions and hoping customers eventually turn up.

The company has already signed several large contracts.

Its three major deals through Latitude.sh are worth around US$359 million combined and cover GPU and CPU compute, networking and storage.

Megaport also operates across more than 1,200 enabled data centres in 30 countries.

With AI requiring huge amounts of computing power and data to move between different locations, I think Megaport is sitting in a pretty good spot if demand continues growing.

Of course, management still needs to execute.

But I believe the recent sell-off gave investors a much better entry price than they had only a few weeks ago.

Could Megaport shares reach $25?

I think they can.

Morgans and Morgan Stanley both have $25 price targets on Megaport shares, while Citi recently lifted its target to $24.60.

A move to $25 would mean another gain of around 38% from today’s price.

I’m not saying it will happen in a straight line. Megaport has shown us plenty of times how quickly its share price can move in both directions.

But if the company keeps delivering on its contracts and investors remain positive heading into year-end, I think $25 during the Christmas rally is very possible.

The post Megaport shares have surged 10% in a week to $18. I think they could hit $25 appeared first on The Motley Fool Australia.

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• Where will the best returns in the ASX 200 be in the next year?
• 5 things to watch on the ASX 200 on Thursday
• CSL shares are up 90%. How much higher can they go?

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 Megaport. 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.

JB Hi-Fi Ltd (ASX: JBH), GPT Group Ltd (ASX: GPT), and Charter Hall Group (ASX: CHC) shares have tumbled to an annual low in Thursday lunchtime trade as the S&P/ASX 200 Index (ASX: XJO) comes under more pressure.

Here’s what has happened, and what brokers tip next.

Charter Hall shares

The diversified property funds manager’s shares have fallen 2% to an annual low of $18.03 at the time of writing. The latest decline means the shares have now crashed 24% over the past month and they’re 27% lower for the year-to-date.

There hasn’t been any price sensitive announcement out of the company this week. Instead it looks like it has been hit by a series of headwinds, including higher-than-expected inflation figures and a weakening property market. Concerns about further interest rate hikes are also putting pressure on property-related stocks across the sector.

Even the company’s robust FY26 result announcement late last month didn’t do enough to reignite investor confidence. Management announced a 26.8% increase in operating earnings, gross property transactions of $17.1 billion and the launch of multiple new funds and partnerships.

The experts are still bullish that there will be some upside ahead. Market Index data shows that the majority have a strong buy rating on Charter Hall shares. The $24.14 average target price implies around a 33% upside ahead, at the time of writing.

GPT Group shares

As one of Australia’s largest listed property trusts, GPT is facing the same headwinds as Charter Hall shares this week.

The company, which owns and manages a portfolio of Australian office, logistics, and retail assets, with funds under management of more than $36 billion, is highly sensitive to shifts in property market sentiment.

Its shares are also down around 2% today, to an annual low of $4.41 each. Over the past month the shares have crashed 16%, and they’re now 20% lower for the year-to-date.

The company also posted a solid first-half FY26 result last month, including a statutory net profit after tax of $400.1 million for the half year, and a reported investment portfolio occupancy of 97.6%.

Experts are also bullish about the share price outlook over the next 12 months. Market Index data shows the majority have a strong buy rating on GPT Group shares, and the $5.33 average target price implies an upside of around 19%, at the time of writing,

JB Hi-Fi shares

JB Hi-Fi shares are also down around 2% in Thursday lunchtime trade, and changing hands at a two-year low of $64.70 at the time of writing. Over the past month, the shares have fallen 23%, and they’re 33% lower year-to-date.

Consumer discretionary stocks like JB Hi-Fi have come under pressure recently amid market concerns about higher interest rates, inflation, and weaker consumer confidence.

And it looks like the company’s FY26 results in late August further dampened confidence. Management posted record revenue of $11.06 billion, up 4.8% from FY25. Meanwhile, EBIT increased 5.8% to $734.4 million. On the bottom line, the company reported a net profit after tax (NPAT) of $489.9 million, up 6% year-on-year. After delivering higher profit, management declared a final fully franked dividend of $1.27 per share.

But looking ahead, JB Hi-Fi said it expects a variable trading environment in the short term but notes ongoing resilience among its brands and flagged that the company saw a slight dip in sales in July. 

Investors were clearly spooked, and analysts also seem on the fence about the share price outlook. Market Index data shows broker ratings are split between a buy and a hold. However, after the latest selloff, the $79.34 average target price now implies 21% potential upside.

The post JB Hi-Fi, GPT Group, Charter Hall shares hit 52-week low: Is there any chance of a rebound? appeared first on The Motley Fool Australia.

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• Why the ASX 200 just hit a 6-week low
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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 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.

S&P/ASX All Ords Index (ASX: XAO) shares are down 1.5% at 8,963 points on Thursday.

Meanwhile, three experts give us their views on three ASX All Ords shares on The Bull.

Let’s review. 

SKS Technologies Group Ltd (ASX: SKS)

The SKS Technologies share price is $7.89, down 1.9% today but up 155% over 12 months.

Mark Elzayed from Vestra Capital has a buy rating on this ASX 200 industrials share. 

Elzayed said: 

SKS Technologies has established a significant market footprint in electrical, fibre optic and audiovisual integration for major data centre projects.

The company generated revenue of $347.93 million in full year 2026, up 33 per cent on the prior corresponding period. Net profit after tax of $27.11 million surged 93.2 per cent. Data centre revenue of $207.7 million was up 47.6 per cent year on year.

The balance sheet is also stronger, with cash from operations increasing 30.5 per cent.

The primary catalyst for SKS is its accelerating work on hand and structural exposure to Australia’s expanding data centre market.

In my view, SKS represents a high conviction growth opportunity, supported by strong demand visibility and a substantial project pipeline.

Select Harvests Ltd (ASX: SHV)

The Select Harvests share price is $4.56, down 2.4% today and up 26% over 12 months. 

Select Harvests is the world’s No. 5 almond producer.

Elzayed has a sell rating on this ASX agriculture share.

The broker said: 

Risks include its exposure to seasonal weather volatility and intense international competition, particularly from large US and Californian almond producers.

Earnings remain exposed to agricultural yields, almond pricing and input cost volatility.

Given the stock’s relatively modest performance compared with higher growth industrial and technology opportunities, the risk-reward profile isn’t as attractive.

We would be inclined to cash in some gains after a solid share price performance since mid May.

Seek Ltd (ASX: SEK)

The Seek share price is $12.69, down 0.9% today and down 53% over 12 months. 

Blake Halligan from Gray Perry Wealth Advisers has a buy rating on this ASX 200 communications share. 

Halligan said: 

Seek operates a leading online employment marketplace, with a dominant position in Australia and established operations across Asia.

Its scalable model, strong margins and international expansion provide attractive long-term growth potential.

Despite softer job-ad volumes, fiscal year 2026 net revenue rose 10 per cent and EBITDA increased 15 per cent, demonstrating pricing power and operational resilience.

We’re forecasting earnings to grow about 9.5 per cent annually in the next two years.

An improving return on equity and a healthy dividend further support the investment case.

The post Buy, hold, sell: Select Harvests, Seek, SKS Technologies shares appeared first on The Motley Fool Australia.

More reading

• Buy alert! Expert names 2 surging ASX All Ords tech stocks to buy today
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• Experts name 3 top ASX shares to buy this week

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 recommended Sks Technologies Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

S&P/ASX All Ords Index (ASX: XAO) shares are down 1.6% to 8,961.6 points on Thursday.

Meanwhile, on The Bull, three experts give us their views on three ASX All Ords shares.

Let’s check them out. 

Saluda Medical Inc (ASX: SLD)

The Saluda Medical share price is 40 cents, down 3.7% today and down 69% over 12 months. 

Stuart Bromley from Medallion Financial Group has a buy call on this ASX All Ords healthcare share. 

Bromley said: 

Saluda makes the Evoke spinal cord stimulator, which automatically adjusts pain therapy in real time.

Results in full year 2026 were strong, in our view. Revenue of $US90.2 million was up 28 per cent on the prior corresponding period and ahead of upgraded guidance. US patient implants increased by 50 per cent in the fourth quarter of 2026.

With its newly approved CAP24 surgical paddle lead expanding the addressable US market by about 30 per cent, we believe SLD presents as an attractive buying opportunity for investors comfortable with potential share price volatility and risk.

Generation Development Group Ltd (ASX: GDG)

The Generation Development share price is $3.12, down 2.5% today and down 51% over 12 months. 

Bromley has a hold rating on this ASX 200 financial share.  

He said: 

GDG operates a portfolio of growing financial services businesses, including Generation Life, Evidentia Group and Lonsec.

Total revenue of $178.7 million in full year 2026 was up 23 per cent on the prior corresponding period.

Underlying net profit after tax of $40.7 million grew 21 per cent, supported by growth of 37 per cent in funds under management and record group net inflows of $9.7 billion.

We believe GDG’s longer term growth opportunity remains intact.

Fletcher Building Ltd (ASX: FBU)

The Fletcher Building share price is $3.04, down 2.3% today and up 9% over 12 months. 

Mark Elzayed from Vestra Capital has a sell rating on this ASX 200 industrials share. 

Elzayed said: 

The return to profitability reflected a combination of cost reductions, portfolio simplification, property sale gains and an improved performance across several core manufacturing businesses, rather than a broad based recovery in underlying construction demand.

Revenue of $NZ5.994 billion from continuing operations increased 7.3 per cent in full year 2026 when compared to the prior corresponding period.

Total net earnings attributable to shareholders reached $NZ228 million, compared to a loss of $NZ419 million in the prior year.

The return to profitability improves the balance sheet and reduces financial risk. But, in my view, a continuing recovery remains heavily dependent on building markets returning to normal in what I consider a most challenging underlying environment.

The post Buy, hold, sell: Generation Development, Fletcher Building, Saluda Medical shares appeared first on The Motley Fool Australia.

More reading

• Expert names 2 beaten-down ASX All Ords healthcare shares to buy today
• Here are the top 10 ASX 200 shares today
• Could this ASX healthcare stock really be set to rise 400%? Morgans thinks so 
• Top 3 beaten-down ASX 200 shares from August worth a second look
• The five worst-performing ASX 200 shares in August unmasked

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 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.

At the start of 2026, Ramsay Health Care Ltd (ASX: RHC) was hardly the kind of stock investors were chasing.

Fast-forward 8 months, and the picture looks very different.

Ramsay shares are up another 1.52% to $54.11 on Thursday, taking the private hospital operator to its highest level in several years.

The stock has now surged around 57% in 2026 and sits almost 80% above its 52-week low of $30.39.

It was changing hands at just $44.02 on 26 August. Since then, the share price has jumped almost 23% in a little over 2 weeks.

After years of going nowhere, Ramsay has suddenly become one of the more interesting turnaround stories on the ASX.

And I think its latest results explain a lot of the recent excitement.

The numbers are finally improving

Ramsay’s FY26 result was a pretty decent one.

Revenue came in at $18.6 billion, while underlying EBIT rose 11.8% to around $1.16 billion.

Underlying net profit after tax (NPAT) increased 19.3% to $364.1 million, or 22.9% on a constant currency basis.

Australia did much of the work, helped by higher hospital activity, better theatre utilisation, improved private health insurance pricing, and tighter cost control.

The group’s underlying EBIT margin also improved by 30 basis points to 6.2%.

Shareholders got a little extra too, with the full-year dividend rising 13.8% to 91 cents per share.

The business could look very different

Ramsay is moving ahead with plans to separate its 52.79% stake in Ramsay Santé, which owns hospitals across Europe.

Shareholders are expected to vote on the proposed demerger in November.

If the deal goes ahead, investors would be left with a simpler Ramsay business and a much clearer view of how its Australian hospitals are performing.

Ramsay is still putting money into Australia too, with the company agreeing to buy National Capital Private Hospital in Canberra for $251 million.

Management expects the acquisition to add to earnings in its first 12 months.

Would I buy Ramsay shares?

This is probably where I would be a little more careful.

At $54.11, Ramsay shares have already moved above the average TipRanks analyst price target of $50.66. The highest target is $55.69.

Director Michael Siddle also sold 1 million shares at $49 shortly after the result, in an off-market transaction worth $49 million.

Yes, I still like what I am seeing from the business, and I think the turnaround has more substance behind it.

But I wouldn’t be chasing Ramsay shares purely because they have been going up.

The post Up 57% this year. Guess which ASX 200 stock just hit a multi-year high? appeared first on The Motley Fool Australia.

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• CSL led the ASX healthcare shares rebound. Can it continue?
• Top 3 ASX healthcare shares to buy after a brutal year
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• 5 things to watch on the ASX 200 on Thursday
• Buy, hold, sell: Ramsay Health Care, PLS Group, Woolworths shares

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.

Zip Co Ltd (ASX: ZIP) shares have crashed another 4% in Thursday lunchtime trade, to $2.20 a piece.

Today’s sell-off follows a long run of declines, reversing any gains made during a brief recovery in June and July. The shares are now down 11% this week, and have shed just over 22% over the past month alone.

The shares are now also around 52% lower than 12 months ago.

What is going on with Zip shares this week?

There hasn’t been any price-sensitive news out of Zip this week to explain the latest sell-off.

The buy now, pay later (BNPL) provider’s shares have been very volatile throughout 2026 so far, swinging anywhere between $3.56 in January, and a low of $1.38 in March. 

Most recently, the sell-off picked up pace after the company posted its FY26 results on the 20th of August. 

Zip posted a record result, including a huge 57.9% increase in its cash EBTDA, a 24.7% increase in total revenue, and a 45.7% hike in its NPAT for FY26.

The company also said it expects its cash EBTDA to climb even higher in FY27, by around 26% thanks to strong growth and greater scale across the business.

The announcement was initially well received by investors, who rushed to snap up the BNPL provider’s shares. But gains were quickly reversed and the shares are now down around 28% since the announcement.

While the result itself was positive, it looks like many investors were underwhelmed by the company’s expectations for future growth.

Zip said it is aiming to deliver a group cash EBTDA of $340 million in FY27, up 26% on FY26, and target an operating margin of 20% to 22%. That’s much lower than the 57.9% cash EBTDA growth the company experienced in FY26.

The news also came against a backdrop of volatile markets and weak investor sentiment, adding further pressure to the share price.

Now the question is, is the latest sell-off a buying opportunity to buy the ASX tech shares for cheap, or is there more downside coming?

Here’s what the experts think.

What’s ahead for the ASX tech stock?

Analysts are incredibly bullish on Zip shares, with widespread anticipation that we’ll see a significant upside over the next 12 months.

Market Index data shows all brokers agree on a strong buy rating, and the $3.95 target price implies around a 78% upside, at the time of writing.

TradingView data shows something similar. All 12 analysts have a buy/strong buy rating on the shares. The average $4.56 target price implies a potential 106% upside ahead, at the time of writing. Although some are confident that Zip shares can climb another 171% to $6.03 over the next 12 months.

UBS recently confirmed its buy rating and $4.70 target price on Zip shares. The broker said that the outlook for the current year was better than expected, providing comfort around the defensive qualities of the buy now, pay later business model through slowing economic times.

The team at Macquarie also agrees. The broker has a buy rating and $3.50 target price on the shares. Macquarie said “Zip’s outlook remains attractive as management executes the market opportunity in the US, supported by performance in AU”.

The post Zip shares crash another 11% this week: What is going on? 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 Macquarie Group. 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.

Amid renewed selling pressure today, the All Ordinaries Index (ASX: XAO) is down 1.7% in 12 months, but don’t blame these two surging ASX All Ords tech stocks.

The outperforming ASX tech shares in question are audio visual, electrical and communication products and services company SKS Technologies Group Ltd (ASX: SKS), and wholesale computer hardware and software distributor Dicker Data Ltd (ASX: DDR).

During the Thursday lunch hour, Dicker Data shares are changing hands for $13.96 apiece, up 40.5% since this time last year.

SKS Technologies shares have performed even better. Currently trading for $7.89 a share, the ASX All Ords tech stock has rocketed 155.3% in 12 months.

To highlight the strength of this performance, the S&P/ASX All Technology Index (ASX: XTX) has tumbled 34.0% over this same period.

As you’re likely aware, a lot of tech companies have come under pressure amid concerns that artificial intelligence could replace the services they offer at far cheaper prices. But Vestra Capital’s Mark Elzayed forecasts that the AI revolution will actually provide ongoing tailwinds for both SKS and Dicker Data shares (courtesy of The Bull).

Here’s why.

ASX All Ords tech stock tapping into data centre boom

“SKS Technologies has established a significant market footprint in electrical, fibre optic and audiovisual integration for major data centre projects,” said Elzayed, who has a buy recommendation on the ASX All Ords tech stock.

Commenting on SKS Technologies FY 2026 results, he noted:

The company generated revenue of $347.93 million in full year 2026, up 33 per cent on the prior corresponding period. Net profit after tax of $27.11 million surged 93.2 per cent. Data centre revenue of $207.7 million was up 47.6 per cent year on year. The balance sheet is also stronger, with cash from operations increasing 30.5 per cent.

Summarising his buy recommendation on SKS, Elzayed concluded:

The primary catalyst for SKS is its accelerating work on hand and structural exposure to Australia’s expanding data centre market. In my view, SKS represents a high conviction growth opportunity, supported by strong demand visibility and a substantial project pipeline.

Which brings us to the second outperforming ASX tech share you may wish to buy today.

Dicker Data shares increasing AI exposure

“This technology company distributes hardware and software solutions,” he said of Dicker Data. “It benefits from enterprise spending on AI capable servers, network upgrades and end point security hardware.”

Commenting on Dicker Data’s H1 2026 results, he added:

It generated gross revenue of $2.1 billion in the first half of 2026, up 14.2 per cent on the prior corresponding period. Net profit after tax of $60.7 million was up 54.1 per cent. Management has upgraded full year gross revenue guidance to between $4.3 billion and $4.4 billion, alongside profit before tax guidance of between $162 million and $165 million.

Summarising his buy recommendation on the ASX All Ords tech stock, Elzayed concluded, “Double digit top line momentum, an appealing dividend yield and increasing exposure to AI infrastructure spending provides a bright outlook, in my view.”

The post Buy alert! Expert names 2 surging ASX All Ords tech stocks to buy today appeared first on The Motley Fool Australia.

More reading

• Buy, hold, sell: Dicker Data, Polynovo, Flight Centre shares
• Experts name 3 top ASX shares to buy this week
• Dicker Data delivers record H1 FY26 profit and lifts full-year guidance
• SKS Technologies reports record FY26 earnings
• Up 250%! Broker tips this dividend paying ASX All Ords tech stock for more outsized gains

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