WiseTech's Bull Reckons AI-Driven Selloff Is Overdone -- Market Talk

Dow Jones

Feb 10

2313 GMT - WiseTech Global's bull at Macquarie reckons that the logistics-software provider's AI-driven selloff has been considerably overdone. A note from one of the investment bank's analysts says that the Australian company's current share price implies that 76% of its total addressable market is cannibalized by AI. This looks like extreme pessimism, the note adds. The analyst tells clients that WiseTech is the most defensible ASX-listed tech stock against AI-driven disruption, with high upside from AI in cost reductions and direct sales. Macquarie cuts its target price 13% to A$94.00 and keeps an outperform rating on the stock, which is down 1.0% at A$48.81. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

February 09, 2026 18:14 ET (23:14 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2610625586"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2610625586\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2610625586?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-10 07:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2610625586","market":"sg","top_or_hot":-1,"title":"WiseTech's Bull Reckons AI-Driven Selloff Is Overdone -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2313 GMT - WiseTech Global's bull at <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> reckons that the logistics-software provider's AI-driven selloff has been considerably overdone. A note from one of the investment bank's analysts says that the Australian company's current share price implies that 76% of its total addressable market is cannibalized by AI. This looks like extreme pessimism, the note adds. The analyst tells clients that WiseTech is the most defensible ASX-listed tech stock against AI-driven disruption, with high upside from AI in cost reductions and direct sales. Macquarie cuts its target price 13% to A$94.00 and keeps an outperform rating on the stock, which is down 1.0% at A$48.81. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 09, 2026 18:14 ET (23:14 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WiseTech's Bull Reckons AI-Driven Selloff Is Overdone -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWiseTech's Bull Reckons AI-Driven Selloff Is Overdone -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-10 07:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2313 GMT - WiseTech Global's bull at <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> reckons that the logistics-software provider's AI-driven selloff has been considerably overdone. A note from one of the investment bank's analysts says that the Australian company's current share price implies that 76% of its total addressable market is cannibalized by AI. This looks like extreme pessimism, the note adds. The analyst tells clients that WiseTech is the most defensible ASX-listed tech stock against AI-driven disruption, with high upside from AI in cost reductions and direct sales. Macquarie cuts its target price 13% to A$94.00 and keeps an outperform rating on the stock, which is down 1.0% at A$48.81. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 09, 2026 18:14 ET (23:14 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WTC.AU","symbol_name":"WISETECH GLOBAL LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2610625586","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610625586","pubTimestamp":1770678840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2313 GMT - WiseTech Global's bull at Macquarie reckons that the logistics-software provider's AI-driven selloff has been considerably overdone. A note from one of the investment bank's analysts says that the Australian company's current share price implies that 76% of its total addressable market is cannibalized by AI. This looks like extreme pessimism, the note adds. The analyst tells clients that WiseTech is the most defensible ASX-listed tech stock against AI-driven disruption, with high upside from AI in cost reductions and direct sales. Macquarie cuts its target price 13% to A$94.00 and keeps an outperform rating on the stock, which is down 1.0% at A$48.81. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WTC.AU":"WISETECH GLOBAL LTD","BK7503":"科技股","BK4023":"应用软件","BK4585":"ETF&股票定投概念","AI":"C3.ai, Inc.","BK4543":"AI","BK7016":"应用软件","BK4551":"寇图资本持仓","BK4587":"ChatGPT概念","BK4588":"碎股","BK4528":"SaaS概念"},"translate_title":"慧智科技的多头认为人工智能驱动的抛售过度了——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WTC.AU":0.9,"AI":0.75},"content_text":"2313 GMT - WiseTech Global's bull at Macquarie reckons that the logistics-software provider's AI-driven selloff has been considerably overdone. A note from one of the investment bank's analysts says that the Australian company's current share price implies that 76% of its total addressable market is cannibalized by AI. This looks like extreme pessimism, the note adds. The analyst tells clients that WiseTech is the most defensible ASX-listed tech stock against AI-driven disruption, with high upside from AI in cost reductions and direct sales. Macquarie cuts its target price 13% to A$94.00 and keeps an outperform rating on the stock, which is down 1.0% at A$48.81. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 09, 2026 18:14 ET (23:14 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}