WiseTech Global (ASX:WTC) reaffirmed its fiscal 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance of AU$550 million to AU$585 million on a reported basis, providing confidence that it is on the right trajectory to return to an EBITDA margin of over 50% in fiscal 2028, Jefferies said in a note on Tuesday.

The firm also offered clarity around its one-off costs, separating restructuring costs of AU$37.5 million as well as mergers and acquisition expenses of AU$11 million to AU$15 million.

Amazon is opening its end-to-end logistics capabilities to external enterprise shippers, which could lead to a second-order impact for WiseTech. Traditional freight forwarders and logistics providers, its core customer base, may lose market share to Amazon, but it could also be a catalyst for them to modernize their information technology systems using CargoWise and E2open from WiseTech.

The investment firm retained its buy rating and price target of AU$72 on WiseTech.

WiseTech Global's shares shed about 2% in recent Wednesday trade.