WiseTech Global shares rebound 25% amid focus on upcoming FY26 results

WiseTech Global Ltd (ASX: WTC) has seen a recent share price rebound, gaining 25% over the past month. Despite this recovery, the stock remains down approximately 37-38% year-to-date and has declined 62% over the last 12 months.

The company's flagship CargoWise platform continues to hold a significant market position, utilized by 24 of the 25 largest global freight forwarders and 46 of the top 50 third-party logistics providers. While the stock has faced pressure from governance and regulatory concerns, management has reaffirmed FY26 revenue guidance between US$1.39 billion and US$1.44 billion.

Investors are closely watching the upcoming FY26 results due on 26 August to determine if the recent rally is sustainable. Meanwhile, CSL Ltd remains another notable ASX stock under observation as it trades approximately 50.8% away from its 52-week high.