WiseTech Global shares face volatility amid earnings growth projections

WiseTech Global Ltd (ASX: WTC), a developer of cloud-based logistics software, has seen its share price decline significantly, falling approximately 53.2% since the start of 2025. The company, founded by Richard White and Maree Isaacs, provides a suite of products including its cornerstone software, Cargowise, which is utilized by a vast majority of the world's largest freight forwarders and third-party logistics providers.

Despite recent price drops, analysts are examining the potential for a recovery. Current consensus forecasts suggest earnings per share could reach $1.42 in FY27, $1.88 in FY28, and $2.28 in FY29. If these growth targets are met, some projections suggest the share price could potentially reach $50 by 2027, representing a significant re-rating from current levels.

The company maintains strong financial metrics, including gross margins of 84% and operating margins of 37.3%. Its business model relies on recurring software-as-a-service (SaaS) revenue, which provides scalability and global reach across international and domestic logistics functions such as warehousing, customs, and transport management.