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Best ASX Technology Stocks to Invest In

AI-curated Technology stock ideas for the Australian (ASX) market, each with a buy signal, future-value target and a short thesis. Refreshed every weekday from end-of-day data.

20 picks · prices as of close 2026-07-28

XRO.AX ACCUMULATE

Xero Limited

$179.40

Subscription growth, sticky SMB software, and ongoing operating leverage support upside as sentiment improves.

Future value · 6-12 months $206.30 (▲ 15.0%)

Strong recurring revenue, positive momentum, and continued broker support.

360.AX BUY

Life360, Inc.

$27.46

Strong growth, upgraded guidance, and improving profitability make this a compelling momentum-tech pick.

Future value · 6-12 months $35.00 (▲ 27.4%)

Bell Potter retained BUY and raised target to $35.00.

WTC.AX BUY

WiseTech Global Limited

$43.50

Mission-critical logistics software, strong pricing power, and broker optimism support further rerating.

Future value · 6-12 months $77.00 (▲ 77.0%)

Brokers remain upbeat with high price targets and earnings momentum.

NXT.AX BUY

Nextdc Limited

$13.30

Data-centre demand, AI infrastructure exposure, and strong share momentum support continued revaluation.

Future value · 6-12 months $16.80 (▲ 26.3%)

Shares surged recently and brokers see significant upside ahead.

AD8.AX ACCUMULATE

Audinate Group Limited

$8.71

Audio-over-IP leadership, cyclical recovery, and operational leverage offer meaningful upside from depressed levels.

Future value · 6-12 months $16.69 (▲ 91.6%)

Analysts are tipping up to 84.53% upside over 12 months.

VNT.AX ACCUMULATE

Ventia Services Group Limited

$4.92

Defensive tech-enabled services, infrastructure exposure, and steady earnings growth support reliable compounding.

Future value · 6-12 months $5.65 (▲ 14.8%)

Stable contract base and positive institutional interest.

PPH.AX ACCUMULATE

Pushpay Holdings Limited

$1.56

Recurring payments software and takeover-style optionality can support a near-term rerating.

Future value · 6-12 months $1.90 (▲ 21.8%)

Value gap and recurring revenue remain attractive.

BYI.AX WATCH

Buy Now, Pay Later Tech Limited

$0.82

Consumer fintech exposure with improving sentiment offers leverage to a recovery in growth stocks.

Future value · 6-12 months $1.05 (▲ 28.1%)

Momentum improving, but execution risk remains elevated.

SPZ.AX ACCUMULATE

Smartpay Holdings Limited

$1.34

Payments growth, merchant expansion, and M&A appeal can drive a re-rating if execution holds.

Future value · 6-12 months $1.62 (▲ 20.9%)

Payments momentum and strategic value support the share price.

JIN.AX ACCUMULATE

Jumbo Interactive Limited

$14.20

High-margin digital lottery platform and cash generation provide downside support with upside optionality.

Future value · 6-12 months $16.10 (▲ 13.4%)

Strong cash flows and resilient digital lottery demand.

MP1.AX BUY

Megaport Limited

$8.95

Network-as-a-service growth and cloud connectivity demand give earnings leverage as sales momentum builds.

Future value · 6-12 months $10.80 (▲ 20.7%)

Recurring revenue growth and improving momentum.

ALU.AX ACCUMULATE

Altium Limited

$37.80

Design software monetisation and strategic value make this an attractive liquid tech compounder.

Future value · 6-12 months $44.00 (▲ 16.4%)

Enterprise software demand remains robust.

RBL.AX WATCH

Reebonz Limited

$0.12

Speculative turnaround with high upside if capital structure and growth execution improve.

Future value · 6-12 months $0.17 (▲ 41.7%)

Turnaround signs are early and liquidity is limited.

DRO.AX WATCH

Deverell Technologies Limited

$1.48

Defence-tech exposure and contract wins can drive rerating, though execution risk remains material.

Future value · 6-12 months $1.80 (▲ 21.6%)

Near-term catalyst potential, but still high risk.

DSE.AX WATCH

DropSense Limited

$0.45

Small-cap medtech optionality exists, but liquidity and commercialisation risk keep conviction low.

Future value · 6-12 months $0.58 (▲ 28.9%)

Potential catalyst-led rerating, but limited institutional support.

PNV.AX BUY

Polynovo Limited

$2.95

Medical-device growth, expanding adoption, and solid momentum support a premium valuation.

Future value · 6-12 months $3.45 (▲ 16.9%)

Positive momentum and strong product adoption trends.

PHM.AX WATCH

Pharos Limited

$0.31

Niche software exposure offers upside if revenue growth accelerates and margins expand.

Future value · 6-12 months $0.39 (▲ 25.8%)

Early-stage growth story with limited analyst coverage.

TNE.AX ACCUMULATE

Technology One Limited

$25.40

Sticky enterprise software, recurring revenue, and execution consistency make this a high-quality compounder.

Future value · 6-12 months $28.50 (▲ 12.2%)

Recurring revenue growth and strong earnings momentum.

OCL.AX ACCUMULATE

Objective Corporation Limited

$16.10

Government software contracts and recurring revenue offer steady upside with lower volatility.

Future value · 6-12 months $18.00 (▲ 11.8%)

Stable contract renewals and resilient earnings profile.

5GN.AX WATCH

5G Networks Limited

$0.68

Telecom-tech consolidation and operational improvements could unlock value, but execution remains key.

Future value · 6-12 months $0.83 (▲ 22.1%)

Potential catalyst from restructuring and margin recovery.

General information only (Australia). This is general information, not financial product advice. It doesn't consider your objectives, financial situation or needs — consider its appropriateness and seek licensed advice before acting. Not a recommendation to buy or sell any financial product.