Highlights

  • WiseTech Global shares traded at AUD 46.65, down 3.03%, while the broader ASX 200 posted gains.
  • Jefferies, Bell Potter, and Macquarie assigned target prices ranging from AUD 65 to AUD 94.
  • FY26 reporting dates and dividend timelines have been formally scheduled through November 2026.

Shares of WiseTech Global Ltd (ASX:WTC) eased in Tuesday trading even as the broader Australian market edged higher. The logistics software provider traded at AUD 46.65, down 3.03%, amid a softer session for technology stocks. The move comes despite major brokers reaffirm positive ratings on the company and outline target prices well above its current level.

WiseTech Retreats as Tech Sector Softens

WiseTech Global share price drop occurred alongside weakness in the S&P/ASX 200 Info Tech, which slipped 0.80% to 1,712.50.

In contrast, the broader S&P/ASX 200 advanced 0.34% to 8,967.40, indicating divergence between technology stocks and the wider market.

Overseas, the NASDAQ-100 Technology Sector rose 1.07% to 12,407.35 in its last session, highlighting mixed performance trends across global technology benchmarks.

Brokers Maintain Buy Ratings with Higher Targets

Several institutional research houses reiterated positive recommendations on WiseTech Global.

Jefferies issued a Buy rating with a target price of AUD 65, while Bell Potter Securities (Institutional) also maintained a Buy rating, setting a higher target of AUD 87.50.

Meanwhile, Macquarie Research assigned an Outperform rating and set a target price of AUD 94, marking the most elevated valuation among the three.

The target range of AUD 65 to AUD 94 compares with WiseTech’s current trading level of AUD 46.65.

FY26 Key Dates Announced

WiseTech Global has confirmed its financial reporting and dividend timetable for FY26.

  • Half-year results and interim dividend announcement: 25 February 2026
  • Full-year results and final dividend announcement: 26 August 2026
  • 2026 Annual General Meeting: 27 November 2026

For FY26 dividends, the interim dividend ex-date is set for 13 March 2026, with payment scheduled for 10 April 2026. The final dividend ex-date falls on 11 September 2026, with payment expected on 9 October 2026.

The closing date for director nominations ahead of the 2026 AGM is 25 September 2026.

Peer Performance Snapshot

Among sector peers, Xero Ltd (ASX:XRO) traded at AUD 78.46, down 0.76%.

Nextdc Ltd (ASX:NXT) declined 1.29% to AUD 13.78.

In contrast, TechnologyOne Ltd (ASX:TNE) rose 1.48% to AUD 21.62.

WiseTech Global’s share price moved lower in a session marked by weakness in domestic technology stocks, even as the broader market edged higher. Broker targets continue to indicate valuation gaps relative to current trading levels. Investors will now look ahead to the company’s FY26 reporting milestones and dividend schedule for further updates.

Frequently Asked Questions (F&Q)

  1. What was WiseTech Global’s latest share price?
    WiseTech Global closed at AUD 46.65, down 3.03% on 17 February.
  2. What target prices have brokers set for WTC?
    Jefferies set a target of AUD 65, Bell Potter set AUD 87.50, and Macquarie issued a target of AUD 94.
  3. When will WiseTech release its FY26 results?
    The half-year results are scheduled for 25 February 2026, and the full-year results will be announced on 26 August 2026.