Why did WiseTech rise even as profit fell?

Investors focused on future margins and cash flow. The AI-led restructure aims to cut about 2,000 roles and reduce support or development needs over time. That lowers the cost base, which can lift margins even if revenue growth is steady. The market priced those savings ahead of full delivery.

Is WTC.AX stock cheap after recent declines?

Not by standard metrics. The P or E is about 51, price to sales is near 11.7, and price to book is around 5.6. Quality is strong and debt is low, but the multiple assumes clean execution. If savings or growth miss, valuation compression is a risk.

What technical levels should traders watch?

RSI near 30 is oversold, while ADX near 45 signals a strong trend. Watch the A$40.60 area, which is close to the 1-year low, and the Bollinger lower band near A$40.15 for support. A bounce target is the Bollinger middle around A$50.44.

What should Australian investors monitor next?

Track the pace of cost savings, customer service metrics, churn, and free cash flow. The earnings release on 25 February set the baseline. Look for management updates on savings run-rate, delivery timelines, and any revenue guidance changes that confirm benefits from the AI program.

Global Market Insights

WTC.AX Stock Today: February 26 — AI Cuts Fuel 11% ASX Surge

ByHuzaifa Zahoor February 26, 2026February 26, 2026

The WTC.AX stock surged about 11% on 26 February after WiseTech Global outlined an AI-led restructure that will remove roughly 2,000 roles over two years. Investors focused on a leaner cost base and future margins, even as statutory profit fell 36% and underlying profit rose 2% to US$114.5 million. We break down why the market reacted, how WTC.AX stock screens on valuation and technicals, and what Australian investors should monitor as the WiseTech share price recalibrates on the ASX.