WiseTech's Cost Cuts Keep Its Bull Onside -- Market Talk

Dow Jones

9 hours ago

0032 GMT - WiseTech Global's cost cuts help keep its bull at UBS onside despite moderated medium-term expectations for the logistics software provider's Container Transport Optimisation product. Analyst Siraj Ahmed tells clients in a note that management commentary suggests the complexity and newness of the product concept means more time will be needed to drive broader adoption. He still sees it as a meaningful longer-term growth, but lowers his FY 2030 revenue forecast for the unit to $270 million from $600 million. More positively, Ahmed assumes $200 million of costs will be removed by FY 2027 as WiseTech cuts a workforce that trebled in size over three years. Citi keeps a buy rating on the stock and lowers its target price 23% to A$89.00. Shares are up 5.3% at A$50.29. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

February 25, 2026 19:32 ET (00:32 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/2614659560"},"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:\"2614659560\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2614659560?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-26 08:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2614659560","market":"other","top_or_hot":-1,"title":"WiseTech's Cost Cuts Keep Its Bull Onside -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0032 GMT - WiseTech Global's cost cuts help keep its bull at UBS onside despite moderated medium-term expectations for the logistics software provider's Container Transport Optimisation product. Analyst Siraj Ahmed tells clients in a note that management commentary suggests the complexity and newness of the product concept means more time will be needed to drive broader adoption. He still sees it as a meaningful longer-term growth, but lowers his FY 2030 revenue forecast for the unit to $270 million from $600 million. More positively, Ahmed assumes $200 million of costs will be removed by FY 2027 as WiseTech cuts a workforce that trebled in size over three years. Citi keeps a buy rating on the stock and lowers its target price 23% to A$89.00. Shares are up 5.3% at A$50.29. (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 25, 2026 19:32 ET (00:32 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 Cost Cuts Keep Its Bull Onside -- 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 Cost Cuts Keep Its Bull Onside -- 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\">2026-02-26 08:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0032 GMT - WiseTech Global's cost cuts help keep its bull at UBS onside despite moderated medium-term expectations for the logistics software provider's Container Transport Optimisation product. Analyst Siraj Ahmed tells clients in a note that management commentary suggests the complexity and newness of the product concept means more time will be needed to drive broader adoption. He still sees it as a meaningful longer-term growth, but lowers his FY 2030 revenue forecast for the unit to $270 million from $600 million. More positively, Ahmed assumes $200 million of costs will be removed by FY 2027 as WiseTech cuts a workforce that trebled in size over three years. Citi keeps a buy rating on the stock and lowers its target price 23% to A$89.00. Shares are up 5.3% at A$50.29. (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 25, 2026 19:32 ET (00:32 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":"BK7503","symbol_name":"科技股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2614659560","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614659560","pubTimestamp":1772065920,"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":"0032 GMT - WiseTech Global's cost cuts help keep its bull at UBS onside despite moderated medium-term expectations for the logistics software provider's Container Transport Optimisation product. Analyst Siraj Ahmed tells clients in a note that management commentary suggests the complexity and newness of the product concept means more time will be needed to drive broader adoption. He still sees it as a meaningful longer-term growth, but lowers his FY 2030 revenue forecast for the unit to $270 million from $600 million. More positively, Ahmed assumes $200 million of costs will be removed by FY 2027 as WiseTech cuts a workforce that trebled in size over three years. Citi keeps a buy rating on the stock and lowers its target price 23% to A$89.00. Shares are up 5.3% at A$50.29. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7503":"科技股","BK7016":"应用软件","WTC.AU":"WISETECH GLOBAL LTD"},"translate_title":"慧智科技的成本削减使其牛市保持不变——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WTC.AU":0.9},"content_text":"0032 GMT - WiseTech Global's cost cuts help keep its bull at UBS onside despite moderated medium-term expectations for the logistics software provider's Container Transport Optimisation product. Analyst Siraj Ahmed tells clients in a note that management commentary suggests the complexity and newness of the product concept means more time will be needed to drive broader adoption. He still sees it as a meaningful longer-term growth, but lowers his FY 2030 revenue forecast for the unit to $270 million from $600 million. More positively, Ahmed assumes $200 million of costs will be removed by FY 2027 as WiseTech cuts a workforce that trebled in size over three years. Citi keeps a buy rating on the stock and lowers its target price 23% to A$89.00. Shares are up 5.3% at A$50.29. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 25, 2026 19:32 ET (00:32 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"}}}