Fund Manager Summary on WiseTech Global Ltd (ASX:WTC)
In March 2026, Pendal Group commented that WiseTech Global Ltd (ASX:WTC) beat earnings expectations but reiterated FY26 guidance that implied softer CargoWise revenue growth, signalling that the market has continued to overestimate top-line resilience while assuming margin expansion. Across the commentary, the consensus view is that WiseTech remains a high-quality, mission-critical logistics software business with strong retention, deep customer integration, structural industry tailwinds and meaningful long-term potential from new products, AI-enabled tools, transaction-linked pricing and cost-out initiatives, but these positives are being weighed down by repeated governance and regulatory concerns, founder-related investigations, product delays and uncertainty around changes to the commercial model. More recent comments place greater emphasis on slowing revenue momentum, execution risk and the need to prove that the new pricing model can lift monetisation without damaging customer relationships, while still highlighting upside from AI productivity gains, E2Open synergies and a larger operating margin profile if restructuring and adoption plans succeed. Overall, fund managers are split between those viewing the sell-off as an opportunity in an enduring compounder and those who see elevated risk, opaque near-term visibility and valuation pressure, with the balance of opinion shifting more cautiously as growth has slowed and governance issues have persisted.
Commentary From The Managers
There are 67 insights from 24 fund managers regarding their investment in WiseTech Global Ltd (ASX:WTC) available on Thesis Tracker.
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Commentary From The Managers
The completeness, accuracy or current status of the investments referenced are not guaranteed.
Frequently Asked Questions
Who is investing in WiseTech Global Ltd (ASX:WTC)?
Fund managers including Cooper Investors, Endeavor Asset Management, Oracle Advisory Group, ELM Responsible Investments, Firetrail Investments, Ten Cap, Antares Capital, Wilson Asset Management, Smallco Investment Manager, Hyperion Asset Management, ECP Asset Management, Selector Funds Management, QVG Capital, Blackwattle Investment Partners, Medallion Financial, First Sentier Investors, Pendal Group, Perennial Partners, Mint Asset Management, Yarra Capital Management, Atlas Funds Management, Clime Investment Management, Perennial Value Management and LHC Capital have invested in WiseTech Global Ltd (ASX:WTC).
Why do fund managers invest in WiseTech Global Ltd?
Fund managers are attracted to WiseTech Global for its mission-critical CargoWise software, which is deeply embedded in global logistics workflows and has high customer retention. They also point to its exposure to long-term sector growth, ongoing product development, and potential revenue gains from new commercial models and AI-related efficiencies. Some see the recent share price weakness as improving the risk-reward balance, although governance issues and valuation remain important risks.
What happened to WiseTech Global Ltd (ASX:WTC)?
Fund managers are investing in WiseTech Global Ltd due to its strong fundamentals despite recent challenges. The company is viewed as a standout in the logistics sector, with a dominant market position and significant growth potential. Factors such as the completion of its CargoWise Next rollout, a transition to a transaction-based licensing model, and strategic acquisitions like E2open are catalysts expected to enhance revenue growth starting in FY26. Analysts believe the firm remains undervalued, trading at a lower multiple compared to its historical valuation, and continue to see its product suite as essential for major global freight forwarders, supporting a favorable long-term outlook.
What is the short interest in WiseTech Global Ltd (ASX:WTC)?
The short interest in WiseTech Global Ltd (ASX:WTC) is 4.65% which makes it the 49th most shorted stock on the ASX. Of the 336.0M shares that WiseTech Global Ltd has on issue, 15.6M have been sold short.
What does WiseTech Global Ltd (ASX:WTC) do?
Wisetech Global Ltd. engages in the provision of software to the logistics services industry. The company was founded by Maree McDonald Isaacs and Richard John White on August 2, 1994 and is headquartered in Sydney, Australia.