top of page
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 implies CargoWise revenue growth for 2H26 has been revised from the mid-20s to the mid-teens and that revenue trends have meaningfully slowed; across fund manager commentary the consensus is that WiseTech is a high-quality, mission-critical global logistics software leader with strong structural tailwinds (large TAM, low churn, potential upside from AI agents, the Container Transport Optimisation product and the E2open acquisition) and solid cost and cash-flow metrics, but near-term outlook is dominated by execution and governance risks including product delays, customer adoption uncertainty around the new bundled transaction-based commercial model, founder and executive trading investigations, board and management turnover and integration and debt-related risks from acquisitions; actionable investor considerations are to prioritise monitoring revised CargoWise growth trajectories and guidance, the pace of customer migration and pricing under the new commercial model, monetisation timing and uptake of CTO and AI features, progress on E2open integration and cost synergies, and outcomes of regulatory inquiries, with many managers viewing current valuations as more attractive if operational execution and governance are resolved while cautioning potential downside if adoption and integration falter.
Commentary From The Managers
There are 64 insights from 23 fund managers regarding their investment in WiseTech Global Ltd (ASX:WTC) available on Thesis Tracker.
Unlock Updates With ThesisTracker Pro
Don’t let information asymmetry undermine your investment returns. Join other engaged investors on ThesisTracker Pro.
Updates are made available to members within 12 hours of being released. The completeness, accuracy or current status of the investments referenced are not guaranteed.
Commentary From The Managers
ELM Responsible Investments
12 Mar 2026
$47.96
Summary
- ELM Responsible Investments continues to hold WiseTech Global Ltd because strong revenue growth, reaffirmed guidance and an AI-led roadmap underpin the long-term thesis.
- WiseTech delivered solid revenue growth with resilient margins and reaffirmed full-year guidance.
- The announcement of a major AI-driven efficiency program positions WiseTech as a next-generation logistics software leader.
- ELM sees near-term price volatility in high-multiple names as disconnected from fundamentals and uses it as a signal to maintain conviction.
Pendal Group
2 Mar 2026
$45.29
Summary
- Pendal Group believes WiseTech Global remains a strategically valuable logistics software franchise and continues to hold because recent weakness has recalibrated expectations but does not yet extinguish the long‑term opportunity.
- Beat earnings expectations in the latest report, but the positive headline was tempered by management’s guidance stance.
- Reiterated FY26 guidance that effectively implies a downgrade to Cargowise revenue expectations — from mid‑20s growth in 2H26 to mid‑teens.
- Revenue trends have meaningfully slowed over the past three years; Cargowise growth moved from 30%+ historically to 9% organic in 1H26.
- The market had been giving the company the benefit of the doubt on top‑line growth while also assuming further margin expansion; the recent update challenges both assumptions.
- For Pendal, the outcome requires recalibrated growth expectations and closer scrutiny of margin drivers, while retaining conviction in the franchise’s long‑term positioning.
Perennial Value Management
31 Jan 2026
$56.41
Summary
- Perennial Value Management believes WiseTech was unduly punished in a broad Tech sell-off and continues to hold because the company’s durable growth drivers, sticky customer base and long-term market opportunity support substantial upside
- Sell-off driven by sector sentiment rather than company-specific deterioration; WiseTech fell -15.3% as part of a wider rotation
- Market position — global leader in logistics software with network effects and high switching costs that create strong customer retention
- Business model — cloud-native, subscription-based platform with recurring revenue and scalable unit economics
- Growth runway — large and expanding total addressable market as logistics and trade digitise, with multiple cross-sell and upsell opportunities across customers and geographies
- Financial profile — capable of generating cash flows to fund product development and international expansion while maintaining margin improvement potential
- Valuation opportunity — recent price weakness creates an attractive risk-reward snapshot and potential for meaningful upside as fundamentals reassert
- Key risks — execution risk, competitive responses, macro and trade-cycle volatility that could delay revenue ramp or margin expansion
- Conviction — Perennial Value Management continues to see significant upside in WiseTech and similar Tech names after the sector-led sell-off
Smallco Investment Manager
31 Dec 2025
$68.46
Summary
- Smallco Investment Manager updates their investment thesis on WiseTech Global Ltd, noting recent market moves and AI-related sentiment.
- Heavily impacted by AI fears – WiseTech’s share price has been materially affected by broad market concerns about AI.
- AI is both risk and opportunity — Smallco views AI risks as varying by business model and believes the market has under-appreciated potential AI-driven revenue and efficiency gains.
- Structural advantages — WiseTech’s deep integration into the complex logistics ecosystem and its extensive proprietary data position it to capture AI benefits.
- Product execution — WiseTech has begun launching proprietary AI agents designed to materially reduce customers’ labour costs in high-volume manual processes.
- Investment stance — Smallco Investment Manager continues to hold because they see these AI initiatives creating new revenue streams and efficiency improvements that are not fully priced into the market.
- Key risks and watchpoints — Short-term downside from AI sentiment remains; thesis depends on successful rollout, customer adoption, measurable cost savings, revenue uptake and margin impact.
- Monitoring focus — execution of AI agents, demonstrated customer outcomes, revenue and margin progression.
- Not financial advice — this update reflects Smallco Investment Manager’s view and is provided for informational purposes only.
Atlas Funds Management
12 Dec 2025
$70.97
Summary
- Atlas Funds Management continues to hold concerns regarding WiseTech Global Ltd.
- Despite Jun Bei's positive outlook, there is a noted appetite for risk that may not align with all investors.
- The portfolio already includes Mineral Resources, raising potential risk exposure.
- There have been a range of issues impacting the company, including share trading problems involving directors.
- The overall outlook appears opaque, raising further concerns.
- The stock is viewed as expensive, trading at 78 times earnings with a very low yield.
- There is skepticism about the sustainability of current performance given the ongoing challenges.
Ten Cap
12 Dec 2025
$70.97
Summary
- Ten Cap continues to hold a position in WiseTech Global Ltd due to its unique business model.
- The company is characterized as a high-risk buy, appealing to investors who are not risk-averse.
- WiseTech has demonstrated resilience against skepticism, proving critics wrong over the years.
- It operates in a rare SaaS-like market, showing rapid growth and profitability globally.
- Ten Cap identifies the company's global market share as a significant advantage.
- While there are personal issues affecting management, these do not detract from the overall business potential.
- Ten Cap believes the current share price reflects bad news that is not relevant to the company's fundamentals.
- The company is transitioning to a transaction-linked pricing model, which is tracking positively.
- Analysts have not yet factored in this new pricing model, presenting an opportunity for outperformance.
- Expectations for the company remain reasonable, with potential for outperforming in the next six months.
Pendal Group
8 Dec 2025
$73.88
Summary
- Pendal Group continues to hold an investment in WiseTech Global (WTC, +0.4%) following their recent investor day.
- The new commercial model covers 95% of customers and 60-70% of revenues from day one.
- There remains uncertainty regarding the impact on relationships with freight forwarder clients and beneficial cargo owners.
- The market gained greater clarity on WiseTech’s ability to meet FY26 guidance.
- Progress on the E2Open cost out plans is reported to be ahead of schedule.
- The Container Trade Optimisation (CTO) product timeline has been extended.
- The risk of near-term downgrades has been mitigated, suggesting potential for upside risk.
Ten Cap
5 Dec 2025
$73.32
Summary
- Ten Cap continues to hold WiseTech Global Ltd due to its potential despite recent challenges.
- The company has experienced a decline of over 40% in 2025, raising concerns among investors.
- WiseTech is transitioning to a new commercial model, which was discussed at the latest investor day.
- A significant number of clients have already adopted this new model, leading to a meaningful immediate uplift.
- This uplift is not currently reflected in market forecasts, indicating potential for growth.
- Expectations for growth over the next 12 months are limited, making it a speculative investment.
- Even conservative estimates of customer price increases could yield meaningful results.
- WiseTech is considered a strong business overall, despite existing challenges that may affect its share price.
Perennial Partners
30 Nov 2025
$71.11
Summary
- Perennial Partners continues to hold their investment in WiseTech Global Ltd.
- Recent sell-off attributed to uncertainty around changes to the customer billing model.
- Concerns regarding the timing of major new product releases have also impacted sentiment.
- Corporate governance issues related to the founder are being monitored.
- A recent strategy briefing in early December was well-received, providing comfort around billing and product concerns.
- WiseTech is recognized as an outstanding business with a leading global market position.
- The company has significant growth potential and a pipeline of innovative new products.
- Current market sell-offs present opportunities to buy high-quality companies at depressed valuations.
Pendal Group
24 Nov 2025
$67.04
Summary
- Pendal Group continues to hold its position in WiseTech Global Ltd (WTC, +1.3%).
- WTC reiterated guidance at the AGM, indicating a 2H weighted performance.
- Cargowise revenue in 1H is expected to slow to ~10%, with an anticipated acceleration in 2H to ~24%.
- This growth is contingent on the success of the new commercial model, particularly the Cargowise Value Packs set to release on December 1, 2025.
- The launch of these packs has already been delayed from the original date of October 31.
- Customer feedback has been negative, contributing to uncertainty around the new model.
- No pricing details have been released, adding to customer hesitation.
- The company initially targeted a “ask, tell, make” strategy for adoption of the new model.
- Currently, there is little incentive for customers to adopt the new model.
- It is likely that WTC will force adoption sooner rather than later to meet short-term revenue forecasts.
- There are concerns regarding the potential long-term impact on brand and customer relationships.
QVG Capital
5 Nov 2025
$67.55
Summary
- QVG Capital continues to hold its position in WiseTech Global Ltd.
- WiseTech has faced ongoing scandals, with frequent negative news.
- ASIC is investigating suspected insider trading, directed at individuals rather than the company itself.
- Management behavior raises concerns but does not deter QVG Capital.
- The product offered by WiseTech is deemed mission critical, contributing to customer retention.
- There is low churn among customers, indicating strong loyalty.
- QVG Capital sees potential for new products to drive future revenue growth.
Pendal Group
3 Nov 2025
$69.55
Summary
- Pendal Group updates its investment thesis on WiseTech Global Ltd (WTC).
- WTC shares fell by 19.2% following an ASIC raid on its Sydney headquarters.
- The raid is part of an investigation into alleged insider trading and continuous disclosure breaches.
- Concerns arose from recent share sales by senior executives.
- WiseTech confirmed it is cooperating fully with authorities.
- The incident highlights renewed scrutiny of governance within the company.
- Pendal Group continues to hold its position in WiseTech.
Hyperion Asset Management
31 Oct 2025
$69.12
Summary
- Hyperion Asset Management continues to hold its position in WiseTech Global Ltd. amidst scrutiny related to share transactions by the Executive Chairman.
- Hyperion is actively engaging with the company and board regarding governance matters and the ongoing investigation.
- Research indicates that WiseTech's product suite offers unmatched depth and breadth, supported by heavy investments in new products and features.
- This presents a compelling value proposition that is expected to drive sustainable long-term growth.
- Current performance headwinds are viewed as transitory, providing an attractive entry point for long-term investors.
- The Strategy projects earnings per share growth of approximately 19% p.a. over the next decade, exceeding the historical average of 10% p.a. since September 2002.
- This elevated growth trajectory suggests a higher-than-average forecast internal rate of return for the portfolio, reinforcing Hyperion's conviction in the Fund's positioning.
Clime Investment Management
31 Oct 2025
$69.12
Summary
- Clime Investment Management has initiated a starter position in WiseTech Global (WTC).
- The fund manager utilized recent negative sentiment as an attractive entry point.
- Clime Investment Management believes WTC possesses above average wealth creation attributes.
- WTC is underpinned by its global leading position in multi-sided marketplace mission-critical software.
- The company benefits from high recurring revenues and strong structural industry tailwinds.
- WTC has a large Total Addressable Market (TAM).
- Trading at a material discount to its historical valuation, WTC is viewed as a high-quality compounder.
- The fund manager sees substantial long-term upside in WTC.
Blackwattle Investment Partners
31 Oct 2025
$69.12
Summary
- WTC was a major negative contributor to performance, falling 23% in October due to an investigation by AFP and ASIC into founder Richard White's stock trades during the blackout window.
- No charges have been laid against White, who claims to have received legal advice prior to trading.
- The refreshed board includes three new independent directors and a new management team, which is a positive step towards improved governance.
- WTC is down over 40% since its August results, which Blackwattle Investment Partners believes is an overreaction.
- Confidence remains in the FY27 outlook, seen as robust despite the recent selloff.
- Current share price presents a highly attractive opportunity, with WTC trading below 20x EV/EBITDA for FY27, significantly lower than its historical multiple of ~45x EV/EBITDA.
- WTC’s CargoWise software enables logistics providers to enhance operational productivity.
- WTC has contracted 11 of the Top 25 Global Freight Forwarders, offering them a competitive edge through productivity gains.
- WTC is a global leader in logistics services software and is viewed as an ‘Enduring Quality’ business.
- Long-term growth potential remains strong, with a significant compounding growth profile and attractive Risk/Reward dynamics.
ECP Asset Management
31 Oct 2025
$69.12
Summary
- WiseTech (WTC) underperformed in October due to a mixed FY25 result and share price decline.
- Key factors include a product delay and 2H25 deceleration, with an implied slowdown in 1H26.
- Headlines regarding the investigation of the Executive Chairman & Founder for possible insider trading have impacted perception.
- ECP Asset Management maintains its long-term investment thesis, believing in significant growth opportunities.
- Growth is anticipated from existing customer rollouts, product penetration, new product development, and major new customer wins.
- The investment thesis is not reliant on founder White, as the company’s competitive position has matured beyond the influence of any single individual.
QVG Capital
31 Oct 2025
$69.12
Summary
- QVG Capital notes ongoing challenges for WiseTech Global Ltd, including frequent scandals.
- ASIC is investigating potential insider trading, focusing on individuals rather than the company itself.
- Management behaviour has raised concerns, yet QVG Capital finds reassurance in the product's mission critical nature.
- The company exhibits low churn, indicating stable customer retention.
- There remains a non-zero probability that new product developments could enhance revenue growth.
Yarra Capital Management
31 Oct 2025
$69.12
Summary
- WiseTech Global (WTC, underweight) is recognized as the leading technology company for the logistics industry.
- The company underperformed due to an investigation by ASIC and AFP into alleged insider trading by the founder and executive Chair.
- This probe has increased concerns regarding governance, leadership stability, and potential regulatory repercussions.
- Yarra Capital Management remains underweight the company, preferring other names in the technology sector.
- Concerns are further compounded by the company's elevated valuation of 59.0-times FY26 forward P/E.
- Ongoing governance risks continue to influence the investment decision.
Perennial Partners
31 Oct 2025
$69.12
Summary
- Perennial Partners continues to hold WiseTech Global Ltd despite a recent share price decline of 23.4%.
- The decline followed news of an investigation into share trades by senior executives.
- Despite this, WiseTech is viewed as an outstanding business with very strong prospects.
- Currently, WiseTech is trading at a more attractive valuation compared to many other tech businesses.
Blackwattle Investment Partners
3 Oct 2025
$90.26
Summary
- Blackwattle Investment Partners views WiseTech as an interesting playmaker stock.
- It is recognized as a super high-quality company with strong financial metrics.
- WiseTech has a global product set and a significant opportunity for growth.
- The absence of competitors at scale has supported its development.
- Key differentiators include the development of AI tools and the recent E2open acquisition.
- The acquisition is expected to generate synergies over the next 18 months.
- Currently, WiseTech is trading at almost half its historical multiple, around 25x EBITDA compared to the usual 45x.
- Management turnover is a concern, but execution on new products and integration of E2open is critical.
- WiseTech is perceived as a high-quality stock trading at a significantly reduced multiple.
- Blackwattle Investment Partners believes this opportunity is very attractive at the moment.
Oracle Advisory Group
30 Sept 2025
$90.25
Summary
- WiseTech’s FY25 result was largely in-line with expectations.
- For FY26, WiseTech guided to revenue growth for CargoWise in the high teens to low twenties percent.
- The consensus was expecting an acceleration into the mid-twenties.
- The stock had a rough 2025, impacted by CEO Richard White’s scandals earlier in the year.
- Despite recovery, the stock is now down 25% YTD as of 30th September 2025.
- Oracle Advisory Group continues to hold because WTC remains a high-quality company.
- WTC is now the de facto operating system for the logistics industry.
Firetrail Investments
30 Sept 2025
$90.25
Summary
- Firetrail Investments notes that WiseTech Global Ltd underperformed during the month due to softer guidance issued at its FY25 result.
- Despite a weaker 1H26 guide, the medium-term growth outlook for WiseTech remains very strong.
- The commercialisation of the new Container Transport Optimisation module is currently underway.
- WiseTech is transitioning to a new commercial model that incorporates agentic AI.
- These developments are expected to underpin a re-acceleration in revenue growth in 2H26 and beyond.
Cooper Investors
30 Sept 2025
$90.25
Summary
- Cooper Investors continues to hold WiseTech Global due to its successful, product-led model aimed at capturing market share from legacy systems in the logistics sector.
- The CargoWise platform has demonstrated deep functionality, providing mission-critical support for Large Global Freight Forwarders (LGFFs), resulting in high-quality, sticky revenue.
- WiseTech's core strategy combines organic product development with strategic acquisitions, notably the $2.1 billion acquisition of US-based E2open, enhancing its market presence.
- E2open expands WiseTech’s Total Addressable Market (TAM) by targeting adjacent markets and new customers within the logistics ecosystem.
- The acquisition aligns with WiseTech’s vision of creating a multi-sided marketplace that connects all stakeholders in global trade.
- Success depends on disciplined execution and focused management, especially given the scale and complexity of integrating E2open.
- The combination of CargoWise and E2open’s capabilities presents a narrative for a more connected and efficient global supply chain.
- While the acquisition offers potential for higher organic growth, financial discipline is crucial due to the debt funding involved.
- Realizing shareholder value from this deal hinges on WiseTech's ability to execute a disciplined integration plan in the coming months and years.
First Sentier Investors
30 Sept 2025
$90.25
Summary
- First Sentier Investors continues to hold an overweight position in WiseTech Global Ltd despite recent underperformance.
- WiseTech Global reported FY25 revenue growth of 17%, meeting profit expectations with 17% EBITDA growth and a 30% increase in NPAT and EPS.
- The FY26 outlook disappointed investors, with a forecast of 10% revenue growth in 1H26 and a projected 25% growth in 2H26.
- The delayed launch of the transport container exchange system is a key concern, impacting organic growth for the core CargoWise business.
- Positively, the transport container exchange system has secured Australia’s largest container logistics company as a foundation client.
- WiseTech Global has a dominant market position and a robust product pipeline, with increasing demand for its customs and freight forwarding solutions.
- First Sentier Investors believes WiseTech Global is well-positioned to benefit from structural tailwinds in global logistics.
- The acquisition of E2open broadens WiseTech Global’s addressable market to include shipping companies and cargo owners.
- Under WiseTech Global’s leadership, E2open offers a strong platform for long-term growth and strategic expansion.
Antares Capital
30 Sept 2025
$90.25
Summary
- WTC shares have experienced a decline due to market concerns about the long-term viability of software business models.
- There is a perception that Artificial Intelligence may disrupt these businesses.
- Antares Capital believes that this concern may not apply to WiseTech Global Ltd.
- WTC's business model is positioned to benefit from the introduction of agentic AI.
- The Cargowise Next Platform is expected to leverage AI advancements effectively.
- Antares Capital continues to hold its position in WTC based on these insights.
Hyperion Asset Management
30 Sept 2025
$90.25
Summary
- Hyperion Asset Management continues to hold an optimistic view on WiseTech Global Ltd.
- WiseTech announced a new commercial revenue model, marking the fourth transition in its history.
- The new model will shift from a per seat charge plus transaction fee to a per transaction model.
- This change aims to simplify pricing and encourage customers to utilize more features within the Cargowise platform.
- Hyperion believes that the shift in revenue model will lead to increased efficiencies for customers.
- Overall, this transition is expected to enhance the value proposition for customers using the Cargowise platform.
Endeavor Asset Management
30 Sept 2025
$90.25
Summary
- Endeavor Asset Management noted continued weakness in Wisetech (WTC) during September.
- The Company's FY25 results and FY26 guidance were softer than expected.
- Integration of e2open is expected to broaden the platform and deepen customer reach.
- A new commercial model and CTO offering are planned for 1H26, providing multi-year growth avenues.
- Despite being one of the ASX’s highest quality franchises, Endeavor Asset Management decided to exit the position in early October.
Mint Asset Management
30 Sept 2025
$90.25
Summary
- International trade remains volatile, impacting overall market conditions.
- Mint Asset Management continues to add to WiseTech as they view the acquisition of E2 as transformative.
- The acquisition enhances WiseTech's capabilities by adding portside and sea freight functions.
- WiseTech is recognized for having the best land side freight logistics software.
- Mint Asset Management believes that WiseTech and its Cargowise product offer solutions in a more complicated and uncertain world.
- Overall, Mint Asset Management maintains a positive outlook on WiseTech's potential growth and adaptability.
ECP Asset Management
30 Sept 2025
$90.25
Summary
- WiseTech (WTC) underperformed in September due to a mixed FY25 result.
- Key product delay noted, with expectations of a deceleration in 2H25 and a further slowdown in 1H26.
- ECP Asset Management understands the rationale for the delay in launching ‘container transport optimisation’ following the E2OPEN acquisition.
- The aim is to incorporate newly acquired IP to enhance product adoption chances.
- Long-term thesis remains unchanged, with expectations of significant growth from existing customer rollouts.
- Anticipated growth driven by product penetration, new product development, and major new customer wins.
Smallco Investment Manager
30 Sept 2025
$90.25
Summary
- WiseTech Global Ltd (WTC) experienced a decline of 17.1%.
- All significant holdings in the Fund performed well except for WiseTech.
- WiseTech's earnings met expectations, but revenue fell short due to delays in monetizing new products.
- Lower than expected guidance for FY26 was influenced by these delays.
- WTC is forecasting solid growth for FY26, but it is heavily weighted towards the second half of the year.
- Smallco Investment Manager continues to hold a significant position in WTC, reflecting its strong position as the operating system for global freight forwarders.
- The E2Open acquisition presents opportunities for expansion into broader parts of the global trade and logistics market.
- The FY25 result was in line with expectations, but WTC indicated a softer near-term outlook due to delays in the rollout of the new container optimization product (CTO).
- The new commercial model implementation has also contributed to a greater than expected 2H bias in WTC's performance.
- Smallco Investment Manager anticipates continued pressure on WTC's stock until there is greater confidence in FY26 revenue forecasts.
- CTO has the potential to open a new revenue pool for WTC, representing a significant long-term growth driver, albeit with associated risks and potential delays.
Medallion Financial
25 Sept 2025
$94.67
Summary
- Medallion Financial identifies Wisetech Global as a standout turnaround opportunity in the ASX 200.
- The stock has faced pressure due to board upheaval linked to the founder’s private life.
- FY25 revenue fell below guidance, indicating a meaningful deceleration from FY24.
- New product delays and organizational changes impacted revenue, alongside a governance review.
- Disappointing guidance for CargoWise product growth, projected at 14–21% versus 25% expectations.
- Second half CargoWise revenue growth slowed below 20%, with recovery not expected until 2H FY26.
- Despite challenges, fundamentals remain strong with EBITDA margins exceeding expectations.
- Free cash flow conversion is impressive and continues to improve on FY24 levels.
- At current levels, Wisetech is viewed as trading on a reasonably attractive valuation given its growth profile.
- Potential growth catalysts include the rollout of CargoWise Next and enhancements to the Container Transport Optimisation module.
- Management's shift to a bundled, transaction-based licensing model could drive future revenue growth.
- AI features will be exclusive to customers adopting the new commercial model, creating a strong incentive to switch.
- Both initiatives are expected to contribute to revenue in 2H FY26 and scale through FY27 and beyond.
- Key signals to watch include guidance announcements, Investor Day 2025, and large global freight forwarder wins.
- Clarity on the timing of new product monetisation will also be crucial.
Wilson Asset Management
12 Sept 2025
$94.93
Summary
- Wilson Asset Management is a strong believer in the CargoWise product.
- The media attention on the founder’s personal life has overshadowed the company’s strengths.
- WiseTech demonstrates high customer retention with minimal churn off its product.
- There is significant potential for revenue and margin expansion.
- WiseTech is now considered a key holding in the WAM Leaders fund.
Selector Funds Management
31 Aug 2025
$98.28
Summary
- Selector Funds Management continues to hold a positive view on WiseTech following the acquisition of U.S.-based e2open.
- The acquisition is described by CEO Zubin Appoo as transformational, equating it to ten acquisitions.
- This move aims to connect all supply chain participants, enhancing the ecosystem for exporters, importers, and logistics providers.
- With e2open, WiseTech expands its client base significantly, enhancing its product suite and customer network.
- The integration of e2open accelerates WiseTech's strategy by at least a decade.
- WiseTech currently serves over 16,500 logistics companies globally, including major third-party logistics providers.
- The merger coincides with the rollout of CargoWise’s new AI software platform, enhancing operational efficiency.
- The new AI management engines aim to standardize workflows and minimize human involvement, driving cost efficiency.
- WiseTech is shifting its commercial payment model, removing the per-seat pricing to align costs with delivered value.
- This new model aims to reduce customer friction and increase transparency in software costs.
- Selector Funds Management recognizes the company's willingness to disrupt itself for productivity, highlighting its forward-thinking approach.
Firetrail Investments
31 Aug 2025
$98.28
Summary
- WiseTech underperformed in August due to weaker than expected guidance for 1H 2026.
- Delays in commercialisation of the new Container Transport Optimisation (CTO) product impacted performance.
- CTO has now been launched, with revenue expected to ramp up from 2H 2026.
- Firetrail Investments remains confident in the monetisation potential of CTO.
- Longer term opportunity for CargoWise remains strong, with expectations for a return to >25% growth from 2H 2026.
Blackwattle Investment Partners
31 Aug 2025
$98.28
Summary
- WTC was one of the largest negative contributors to performance during the month.
- WTC fell 16% in August against a strong market, as FY26 guidance disappointed.
- WTC is a global leader in logistics services software.
- Sales growth guidance is 2H weighted, with synergies from the recent E2Open acquisition expected for FY27.
- This drove high single digit EPS downgrades for FY26.
- Blackwattle Investment Partners remains confident about the FY27 and beyond outlook.
- The recent selloff in share price presents an attractive opportunity.
- WTC is trading close to 25x EV/EBITDA for FY27, well below its historical multiple of ~45x EV/EBITDA.
- WTC’s CargoWise software product suite maximizes productivity for logistics services providers.
- WTC has contracted 11 of the Top 25 Global Freight Forwarders, providing a competitive advantage.
- Blackwattle Investment Partners views WTC as an ‘Enduring Quality’ business.
- It is one of the highest quality companies on the ASX, continuing a multidecade growth journey.
- This significant long-term compounding growth profile and attractive Risk/Reward makes the current share price selloff a significant investment opportunity.
Endeavor Asset Management
31 Aug 2025
$98.28
Summary
- Endeavor Asset Management notes that WiseTech’s (WTC) FY26 EBITDA guidance fell short of market expectations, resulting in a negative market reaction.
- A key point of confusion arose from the expected contribution of e2open, which was acquired earlier this year.
- In its acquisition presentation, WiseTech indicated that e2open delivered FY25 EBITDA of $216m, but this figure excluded $45m of share-based payments.
- WiseTech reports EBITDA inclusive of share-based payments, making the $216m figure not directly comparable.
- This discrepancy inflated consensus estimates leading into the result, surprising the market when WiseTech’s FY26 guidance was lower than anticipated.
- Endeavor Asset Management continues to hold because of the long-term potential of WiseTech despite the short-term challenges.
QVG Capital
31 Aug 2025
$98.28
Summary
- QVG Capital anticipated a revenue miss and a margin beat for WiseTech Global Ltd.
- The primary focus of the results highlighted slowing revenue growth of approximately 17%.
- There is uncertainty regarding the potential for revenue reacceleration.
- Currently, the stock is viewed as priced for an equity-like return based on existing growth rates.
- QVG Capital sees upside potential if WiseTech successfully delivers on new product revenue.
ELM Responsible Investments
31 Aug 2025
$98.28
Summary
- WiseTech's FY25 result delivered 17% organic CargoWise growth and exceptionally high recurring revenue (98%).
- Guidance for FY26 revenue is US$1.39–1.44 billion and EBITDA of US$550 - 585 million.
- Headline results were slightly below consensus due to near-term integration costs from the e2open acquisition and a dip in margins.
- The strategic investment phase positions WiseTech for deeper global expansion and long-term value creation.
- The appointment of Zubin Appoo as CEO provides leadership continuity and reinforces WiseTech’s innovation credentials.
- Recent board changes mean governance oversight will remain a key watchpoint.
- Despite short-term share price pressure, WiseTech’s CargoWise platform remains under-penetrated among global logistics providers.
- ELM Responsible Investments believes the fundamental growth opportunity for the business beyond FY26 is highly attractive.
Ten Cap
31 Aug 2025
$98.28
Summary
- Ten Cap continues to hold Wisetech (WTC) as part of their investment thesis.
- FY25 results were a slight miss.
- FY26 guidance was tempered by slower product uptake.
- Despite near-term disappointment, the investment thesis remains intact.
- The breadth of the product suite supports long-term growth potential.
- There are ongoing multi-year penetration opportunities in the market.
- Overall, Ten Cap sees attractive long-term upside for Wisetech.
Antares Capital
31 Aug 2025
$98.28
Summary
- Antares Capital notes that WiseTech (WTC) shares fell due to disappointing near-term guidance.
- The much-anticipated Container Optimisation product has been delayed by six months.
- The launch of the new Cargowise model has also been pushed into FY26 with a revised revenue model.
- Despite initial concerns, Antares Capital views the delay positively for better integration of reasoning AI models.
- This integration is expected to lead to significant savings for customers when utilized.
- Overall, Antares Capital feels that potential downsides are now behind the company.
Wilson Asset Management
31 July 2025
$119.38
Summary
- WiseTech Global provides software solutions to the global logistics services industry.
- The appointment of a permanent CEO has eased concerns regarding leadership uncertainty and governance.
- Strong results from U.S. technology companies have bolstered the Australian technology sector.
- Falling U.S. bond yields have made growth stock valuations easier to justify.
- In early August, WiseTech Global completed its acquisition of e2open earlier than market expectations.
- This acquisition significantly expands WiseTech Global’s product offerings and customer base.
- The acquisition is expected to increase earnings from year one.
QVG Capital
31 July 2025
$119.38
Summary
- QVG Capital notes that WiseTech Global Ltd has benefited from a rising tide amongst growthy industrial stocks.
- The company is seeing an increasing appreciation of synergies likely to be realized from their E2Open acquisition.
- QVG Capital believes the official appointment of a CEO will help refocus attention away from Richard White’s personal life.
- This shift is expected to enhance the long-term earnings power of the business.
Oracle Advisory Group
30 June 2025
$109.03
Summary
- WiseTech bounced with the ongoing tech rally.
- Acquisition of E2Open for $2.1bn announced.
- E2Open specializes in supply chain management.
- Its cloud-based platform connects close to half a million customers across manufacturing, logistics, and distribution.
- The stock bottomed close to $75 in early April and has been on the ascent since.
- At the recent price of $113.6, this represents nearly a 52% move.
- Highlights the importance of contrarian buying of growth stocks when they become cheaper.
Antares Capital
30 June 2025
$109.03
Summary
- WiseTech Global (WTC) shows a strong recovery following previous governance issues.
- Improvement in global trade outlook may positively impact WTC, particularly through its Cargowise platform.
- Increased trade complexity drives demand for industry platforms like Cargowise.
- Market response to the acquisition of E2Open has been positive, enhancing WTC’s container optimisation opportunities.
- WTC faced volatility in the June quarter FY25, influenced by the $2.1 billion acquisition of E2Open.
- The acquisition broadens WTC’s US presence and global trade network, despite concerns about integration costs and synergy delivery.
- Upcoming product launches, such as CTO and ComplianceWise, are generating investor interest.
- Challenges include pushback from freight-forwarders regarding pricing power in the new Commercial Model.
- Corporate governance remains a focus, with changes in board composition amid allegations against founder Richard White.
Smallco Investment Manager
30 June 2025
$109.03
Summary
- Smallco Investment Manager continues to hold a positive outlook on WiseTech Global Ltd (WTC) due to recent strategic acquisitions.
- WTC announced the acquisition of E2Open for $US2.1bn, enhancing its capabilities in the global trade and logistics marketplace.
- The acquisition is seen as highly complementary, facilitating a connection between all major parts of the global trade and logistics chain.
- Despite the execution risk associated with large acquisitions, Smallco Investment Manager views this as a positive move for long-term growth.
- WTC has seen a 34% increase in value, indicating a partial recovery from previous sell-offs.
- New Independent Directors have been appointed, and succession planning initiatives are progressing, contributing to investor confidence.
- The strategic goal of WTC is to become the preferred software system for global trade and logistics supply chains.
First Sentier Investors
30 June 2025
$109.03
Summary
- WiseTech Global Ltd. is recognized as the industry gold standard for global logistics software.
- Its core platform, CargoWise One, powers 14 of the world’s top 25 freight forwarders, doubling its presence in five years.
- Despite premium pricing, customers continue to adopt the software due to its cost-saving capabilities, error reduction, and streamlined global supply chains.
- First Sentier Investors continues to hold because the software is winning large customers rapidly.
- WiseTech has cemented a dominant position in freight forwarding and is expanding into logical adjacencies such as customs, warehousing, landside logistics, and trade.
- The acquisition of E2open provides a strong foundation for WiseTech to extend its customer base to shippers and cargo owners.
ECP Asset Management
31 May 2025
$104.68
Summary
- Wisetech Global Ltd (WTC) experienced strong performance in May due to acquisition speculation and confirmation regarding US peer E2open.
- The acquisition offer comes at a significantly lower earnings multiple compared to WTC.
- While E2open has not demonstrated standalone growth, it has accumulated various acquisitions that may offer enhanced value under WTC's management.
- Key data assets from E2open, such as Avantida, could significantly benefit WTC.
- Avantida holds a 21% share in global ocean freight bookings and operates a container reuse platform utilized by 13 ocean carriers in 37 countries.
- Control over these assets may facilitate the rollout of WTC's Container Transport Optimisation project in major markets.
- ECP Asset Management continues to hold WTC due to the potential for value enhancement from these data assets.
Ten Cap
31 May 2025
$104.68
Summary
- Ten Cap has added to their position in WiseTech Global Ltd (WTC) following the acquisition of e2open.
- The acquisition is viewed favorably by Ten Cap.
- Ten Cap believes WiseTech is well-positioned to gain global market share.
- Ongoing trade complexities are creating demand tailwinds for the company.
Firetrail Investments
31 May 2025
$104.68
Summary
- Firetrail Investments updates its investment thesis on WiseTech Global Ltd (WTC).
- WTC outperformed in May following the announcement of its acquisition of ETWO.
- The acquisition introduces multiple product adjacencies for WTC.
- It broadens WTC’s TAM opportunity beyond freight forwarders to encompass the entire global trade and logistics ecosystem.
- This move significantly accelerates WTC’s ambition to become the operating system for global trade and logistics.
- Firetrail Investments continues to hold due to the strategic benefits of this acquisition.
Wilson Asset Management
31 May 2025
$104.68
Summary
- WiseTech Global recorded strong performance throughout May.
- Initially pursued by investors as an oversold quality growth exposure.
- Has some correlation to U.S. technology.
- Announced acquisition of e2open, a cloud-based supply chain software company.
- Largest acquisition to date, with a purchase price of US$2.1 billion.
- Wilson Asset Management is supportive of the acquisition due to strategic rationale and financial accretion.
- WiseTech Global remains a top pick in the technology sector.
Selector Funds Management
31 May 2025
$104.68
Summary
- Selector Funds Management continues to hold a positive outlook on WiseTech Global (WTC) following their acquisition of E2open (ETWO) for US$2.1b.
- The acquisition is fully debt funded, comprising US$1.2b cash and US$1.1b debt, offset by US$0.2b existing cash.
- ETWO's FY25 revenue of US$600m nearly doubles WTC's FY24 revenue of US$680m.
- ETWO has a gross profit margin of 65% compared to WTC's 85%.
- The transaction multiple stands at 9.7x EV/adjusted EBITDA, significantly higher than WTC's multiple.
- ETWO reported operating cash flow of US$111.4m with 87% recurring revenue, compared to WTC's 96%.
- The combined company will have a 3.5x Net Debt to EBITDA at closure, expected to reduce to 2x in three years.
- WTC has secured a US$3b 5-year facility with six banks, enhancing liquidity.
- The acquisition is projected to be EPS accretive in year one, with completion expected in H1 2026.
- Annualised run rate synergies of US$50m are anticipated by year two.
- The deal enhances WTC's global footprint, adding 18.5% of global container export movements to the CargoWise platform.
- ETWO's integration presents a valuable opportunity, as WTC has successfully integrated 55 acquisitions since FY13.
- WiseTech Global currently has a market capitalisation of $36.0b.
Endeavor Asset Management
31 May 2025
$104.68
Summary
- Endeavor Asset Management has reinvested in WiseTech Global Ltd (WTC) following a valuation pullback.
- Despite previous governance concerns, the business is currently in its strongest strategic position.
- Increased supply chain complexity is driving demand for WiseTech's software solutions.
- WiseTech is gaining market share and contributing to a more digital freight ecosystem.
- The acquisition of E2open for US$2.1 billion significantly scales the platform and expands the customer base.
- This acquisition opens up new markets and accelerates the vision for a multi-sided logistics marketplace.
- Container optimisation and other initiatives are expected to benefit from this broader reach.
- WTC currently trades at 50× EV/EBIT with projected growth of 36% and margins exceeding 40% on US$1 billion in revenue.
- This represents a rare opportunity for exposure to scalable, high-margin infrastructure software linked to global supply chain digitisation.
Smallco Investment Manager
31 Mar 2025
$81.23
Summary
- WTC’s result was strong with Underlying NPAT increasing by 34%.
- However, ongoing governance issues and the departure of four independent directors contributed to a 33% decline in the stock over the quarter.
- Despite these challenges, Smallco Investment Manager maintains a material position in WTC, believing it has one of the strongest competitive moats and global growth opportunities on the ASX.
- WTC was the largest detractor in the quarter, down 33%.
- The company dropped FY25 revenue growth guidance to the bottom of the range due to delays in launching three key new products.
- The resignation of four independent directors was attributed to intractable differences regarding founder Richard White's ongoing role.
- Governance issues surrounding WTC and Mr. White are a near-term driver of the stock's performance.
- On 31 March, the appointment of two new independent directors and plans for succession with a gradual transition to a new CEO were viewed positively.
- Smallco Investment Manager has been invested in WTC since its IPO, noting it as a very strong performer and key contributor to SIF’s returns.
- WTC is considered a unique global growth opportunity, and despite reducing the holding at higher levels, Smallco Investment Manager retains a significant position.
- The fund continues to closely monitor the output from the ongoing board review.
Oracle Advisory Group
31 Mar 2025
$81.23
Summary
- WiseTech (WTC) has faced challenges due to allegations against the CEO earlier this year.
- It is categorized as a high growth stock but has struggled as growth stocks are currently out of favour.
- The high market uncertainty from tariff wars has impacted investor sentiment.
- The underlying business of WiseTech is considered very high quality.
- Oracle Advisory Group continues to hold its position, anticipating the resolution of the governance crisis at WiseTech.
Hyperion Asset Management
31 Dec 2024
$121.06
Summary
- Hyperion Asset Management continues to hold its position in WiseTech Global Ltd.
- Wisetech held its investor day in December, showcasing new products and their value propositions.
- The rollout of the next generation platform, Cargowise Next, includes several new products and features.
- Historically, new products have replaced legacy IT and labour costs, which typically account for around 30% of customer expenses.
- The new products aim to address the remaining 70% of operating expenses, including freight costs, fines, and penalties.
- Operating across multiple jurisdictions adds inherent complexity, which the new products seek to simplify.
- Between FY11 and FY23, top 25 freight forwarders using Cargowise experienced an 82% growth in container volumes, compared to 12% for those not using it.
- This data provides confidence in the value that Cargowise delivers to its customers.
Oracle Advisory Group
31 Dec 2024
$121.06
Summary
- WiseTech’s CEO involved in multiple scandals affecting public perception
- Stock price declined by nearly 27% from its peak before recovering
- Oracle Advisory Group continues to hold due to confidence in the company's fundamentals
- Stepping down of the CEO presents an opportunity to increase holdings
- WiseTech is perceived as the best technology company on ASX
- No significant competition allows WiseTech to capture most industry profits
Selector Funds Management
31 Oct 2024
$118.28
Summary
- Selector Funds Management continues to hold WiseTech Global Ltd (ASX:WTC) following recent leadership changes.
- CEO and Founder Richard White has stepped down as Director and CEO, transitioning to a long-term consulting role focused on product and business development.
- Mr. White's new contract is for 10 years, with a potential 5-year extension by mutual agreement.
- CFO Andrew Cartledge is now the interim CEO, with Carolin Pham stepping in as interim CFO.
- A global search for a new CFO and permanent CEO is underway.
- Mr. White emphasized the importance of his new role in driving product innovation and addressing challenges in global logistics.
- WiseTech has a market capitalisation of $39.6 billion, indicating strong growth potential.
Oracle Advisory Group
30 Sept 2024
$137.19
Summary
- Oracle Advisory Group initiated coverage on WiseTech (WTC) in February 2023 when the stock was in the low $60s.
- Topped up holdings in August 2023 at approximately $69.50.
- Recent performance has seen WTC more than double in value.
- Projected 20% revenue growth over the long term due to low mid-teen core market penetration.
- Acquisition strategy enhances product offerings, including new functionalities like Container Transport Optimization and ComplianceWise.
- New product rollouts provide new revenues by adding incremental value rather than blanket price hikes.
- Customers benefit from being locked into the CargoWise platform—providing safety, economy, and convenience.
- WTC retains strong pricing power, evidenced by recent price hikes to counter inflation.
- Revenue generation is largely insulated from macroeconomic cycles, particularly driven by rollouts at large global freight forwarders (LGFFs).
ELM Responsible Investments
31 Aug 2024
$121.45
Summary
- WiseTech Global is a leading provider of software solutions for the logistics industry.
- The flagship platform CargoWise streamlines freight operations, customs compliance, and supply chain management.
- WiseTech reported impressive FY 2024 results, with total revenue up 28% from FY 2023 to $1.04 billion.
- EBITDA also increased by 28% to $496 million.
- Looking ahead, the company is forecasting FY 2025 revenue growth of 25% to 30% in the range of $1.30 billion to $1.35 billion.
- Expected EBITDA to increase 33% to 41% in the range of $660 million to $700 million.
- WiseTech's strong performance is driven by its leading position in the global logistics software market, serving over 17,000 logistics companies across 183 countries.
- The company's focus on technological advancements, including AI integration, has resulted in over 5,500 product enhancements to the CargoWise platform in the last five years.
- This continuous improvement strategy enhances WiseTech's product offering and increases usage and revenue from existing clients.
- The company's expansion into new areas, such as North American landside logistics through strategic acquisitions like Envase Technologies and Blume Global, further solidifies its growth trajectory.
Selector Funds Management
31 Aug 2024
$121.45
Summary
- Selector Funds Management continues to hold an optimistic view on WiseTech Global, the leading provider of logistics software globally.
- WiseTech Global reported an "outstanding result" for FY24, with revenue and EBITDA up 28% to $1.04b and $496m respectively.
- Notably, CargoWise is now utilized by 14 of the top 25 large global freight forwarders (LGFFs), including significant wins with Sinotrans and Nippon Express.
- The company announced three major new products set for release in FY25: CargoWise Next, Container Transport Optimisation for landside logistics, and ComplianceWise.
- These new products reflect WiseTech Global's ongoing commitment to product development, which accounted for 35% of its revenue in FY24 ($368.2m) and over $1.1b in the past five years.
- Looking ahead, WiseTech Global expects revenue growth of 25%-30% and an EBITDA margin exceeding 50% at 51%-52% for FY25, ahead of schedule.
- The company has a market capitalisation of $39.7b and net cash of $42m.
Endeavor Asset Management
31 Mar 2024
$94.97
Summary
- Endeavor Asset Management exited their position in Wisetech at $95/sh in March.
- This decision followed a 60% return in four months after buying at $60/sh in November.
- The business demonstrated consistent organic and inorganic revenue growth.
- Wisetech is a market leader positioned to become the industry standard for freight forwarders.
- Significant adoption by large players highlighted the company's strong market position.
- Yet, a 91x P/E ratio was deemed too expensive for Endeavor's investment criteria.
- Endeavor is confident in future opportunities to reinvest in Wisetech at a more compelling valuation.
Selector Funds Management
31 Mar 2024
$94.97
Summary
- WiseTech Global is a leading global logistics software provider, operating in 181 countries.
- Founder-led since 1994, with over 3,300 employees across 37 countries.
- Reported strong revenue growth from its core platform, CargoWise, through acquisitions, customer rollouts, new client wins, and product enhancements.
- CargoWise revenue is 99% recurring, with customer churn under 1%, ensuring a predictable earnings stream for reinvestment.
- Over the past five years, WiseTech has invested over $1 billion in product development, driving more than 5,500 enhancements to CargoWise.
- The focus on product development delivers material value to customers and supports future growth by expanding the CargoWise ecosystem.
- WiseTech has proven its ability to improve efficiency for clients, with customers on CargoWise outperforming global peers over the last 12 years.
- At the end of the half, product development staff represented 62% of total headcount, reflecting a significant commitment to innovation.
- Secured a global rollout with Sinotrans, among 13 of the Top 25 Global Freight Forwarders, indicating a tipping point in market influence.
- Contracted customers now total 49 large global freight forwarders.
- Reconfirmed financial year 2024 guidance for revenue of $1,040m to $1,095m and EBITDA of $455m to $490m.
- Management expects EBITDA margins to return to over 50% by financial year 2026.
- WiseTech aims to become the operating system for global logistics through its ‘3P’ strategy.
- Market capitalisation stands at $32 billion, with an interim dividend of 7.70 cents per share.
Endeavor Asset Management
28 Feb 2024
$94.43
Summary
- Endeavor Asset Management continues to hold a positive outlook on WiseTech Global Ltd.
- The logistics software business saw a significant increase of +29% in February after strong 1H24 financial results.
- More than half of the top 25 largest freight forwarding businesses globally utilize WiseTech's CargoWise.
- A major highlight of the 1H24 results was the better-than-expected EBITDA margins, leading to an upgrade for FY24 EBITDA margins to 44-46%.
- This upgrade implies that 2H24 margins are expected to be greater than 46%, with longer-term margins potentially exceeding 50%.
- CargoWise is increasing its penetration in major global freight forwarding businesses while expanding into new US markets through acquisitions.
- This strategy opens up opportunities for cross-selling within the logistics sector.
- Despite a positive long-term outlook, the firm has trimmed its overweight position as WiseTech trades at approximately 51x NTM EV/EBITDA.
- This valuation is higher compared to the 45x 5-year average and near the recent peak of ~53x in August 2023.
Wilson Asset Management
28 Feb 2024
$94.43
Summary
- WiseTech delivered a strong result, showcasing its ability to integrate recently acquired businesses, Blume and Envase.
- Maintained organic growth momentum while being diligent on costs.
- Surprised the market upside on margin outlook.
- Announced three major new customer wins in the Asian region, including Sinotrans.
- Increased WiseTech’s share of the top 25 global freight forwarders to 13.
- Validates the value proposition of WiseTech’s core software platform CargoWise.
- Continued traction in the core global freight forwarding market.
- Wilson Asset Management remains positive on WiseTech as the company continues to gain market share.
- Led by its technology platform and new product launches.
- WiseTech is committed to investing in its product and technology for future growth.
Cooper Investors
31 Mar 2023
$65.14
Summary
- WiseTech (WTC), a leader in logistics software solutions, reported impressive first-half results.
- A notable achievement is the acquisition of a significant new customer, enhancing growth prospects.
- WiseTech’s CargoWise product is recognized as a top-tier forwarding solution among major freight forwarders like DHL, DSV, and UPS.
- Management has made substantial investments in developing a customs clearance module through acquisitions and R&D.
- This module presents an opportunity for CargoWise users to effectively manage complex customs processes.
- The recent global rollout of the customs module with Kuehne + Nagel, the world's largest freight forwarder, marks a pivotal moment.
- CEO Richard White describes this as a “watershed” moment, underscoring the module’s readiness for global implementation.
- This development boosts confidence in the customs module’s future potential as a value driver.
- It aligns with WiseTech’s goal of evolving into the “operating system for global logistics”.
The completeness, accuracy or current status of the investments referenced are not guaranteed.
Investment Ideas Scanner
WAM Jan 2026: CD Equity Fund II (ASX:CD2) exit triggers 38¢ distribution
Fund managers on Openlearning (ASX:OLL): AI-powered low-cost LMS, 27% ARR growth & global university deals
Why fund managers are overweight GWA (ASX:GWA): resilient cash flow & UK-led growth — Oct 2025
Why fund managers still back Janison Education (ASX:JAN) despite the recent slump: net cash, cash-flow breakeven & turnaround upside
Why fund managers back Eagers Automotive (ASX:APE): CanadaOne acquisition & BYD JV
Why fund managers exited Infratil Ltd (ASX:IFT) after hitting valuation target
Suncorp (ASX:SUN): Managers on storm losses, reinsurance & FY27 rebound
Why fund managers are exiting Bapcor (ASX:BAP) after downgrades and board turmoil
Why fund managers back Metals X (ASX:MLX): tin supply rally & high operational leverage
June 2025: Why fund managers backed Pepper Money (ASX:PPM) — 12.5c special dividend signals strong cash generation
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 and Perennial Value Management have invested in WiseTech Global Ltd (ASX:WTC).
Why do fund managers invest in WiseTech Global Ltd?
Fund managers invest in WiseTech Global Ltd due to its leadership in logistics software and strong growth prospects following its acquisition of e2open, which expands its product offerings and customer base. The company's high recurring revenue and strategic transition to a transaction-based pricing model enhance its appeal. Despite recent governance challenges, WiseTech is poised for long-term growth, supported by its established market position and the potential for revenue acceleration from new product launches. Its current valuation offers attractive risk/reward dynamics.
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.
faqs
q1
q2
q3
q4
q5
bottom of page