WiseTech stock falls 2.54 percent as CargoWise adds air freight link

Published on 10/07/2026 at 03:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

WiseTech Global's FY2026 revenue reached USD 1.3959 billion, up 79 percent, while statutory net income fell 11 percent. FY2027 guidance targets USD 1.48 billion to USD 1.54 billion.

WiseTech, AU000000WTC3, Illustration mit AI erstellt.

WiseTech stock (ISIN AU000000WTC3) was last at AUD 31.90 on the ASX on October 6, 2026, down 2.54 percent. The move came as the logistics software group advanced a CargoWise connectivity project that broadens access to airline capacity.

CargoWise adds an air freight link

According to Simply Wall St on October 2, 2026, World Freight Company's ATC Aviation Services became the first general sales and service agent to connect its air freight capacity directly to CargoWise AirlineConnect.

The connection lets freight forwarders search, compare, plan and book airline services through the platform. For WiseTech, the commercial importance lies in adding more direct data connectivity to CargoWise, which can increase the usefulness of its core software for existing logistics customers.

FY2027 guidance sets the test

Simply Wall St reported that FY2026 revenue reached USD 1.3959 billion, up 79 percent from FY2025, while statutory net income fell 11 percent to USD 178.7 million. The figures include the effect of the e2open acquisition, making revenue growth and profit development tell different stories.

The same earnings update put FY2027 revenue guidance at USD 1.48 billion to USD 1.54 billion, implying growth of 6 percent to 10 percent. Management also set underlying EBITDA guidance at USD 725 million to USD 780 million, with an expected margin of 49 percent to 51 percent.

Analysts remain divided

As The Motley Fool Australia reported on September 8, 2026, Morgans retained a Buy rating with an AUD 62.50 target and Morgan Stanley retained Buy with an AUD 70 target. Bell Potter cut its target from AUD 71.75 to AUD 65 while retaining Buy, whereas Jefferies rated the stock Hold with an AUD 45 target and JPMorgan rated it Hold with an AUD 40 target.

The spread shows why the FY2027 guidance matters: analysts are assigning very different values to the pace of CargoWise adoption, the transaction-based pricing model and the integration of e2open.

Stock stays above the yearly low

WiseTech stock had a 52-week range of AUD 28.76 to AUD 88.25 and a market capitalization of AUD 10.9 billion as of October 6, 2026. Its 1-year performance was down 62.84 percent, placing the latest price materially closer to the yearly low than the yearly high.