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The latest announcement is out from Wisetech Global ( (AU:WTC) ).
WiseTech Global has agreed with Australia’s competition regulator to divest Expedient Software, a small subsidiary acquired through its 2025 purchase of E2open Parent Holdings, in order to address the ACCC’s competition concerns in Australia and New Zealand. Management stressed that Expedient was not part of the original investment thesis, contributes less than 0.4% of forecast FY26 revenue, and that its sale will not affect WiseTech’s earnings guidance or strategic rationale for the E2open deal, though it will trigger a one‑off, non‑cash goodwill write‑off of between US$5 million and US$20 million as the company remains focused on integrating E2open and consolidating its position in global trade and supply chain management software.
The most recent analyst rating on (AU:WTC) stock is a Buy with a A$109.15 price target. To see the full list of analyst forecasts on Wisetech Global stock, see the AU:WTC Stock Forecast page.
More about Wisetech Global
WiseTech Global is a leading developer of software solutions for the logistics, global trade and supply chain industries, serving more than 17,000 customers in 193 countries, including most of the world’s largest third‑party logistics providers and freight forwarders. Its flagship CargoWise platform underpins the company’s strategy to become the operating system for global trade and logistics, with a strong focus on continuous innovation, deep compliance capabilities and broad international reach.
Average Trading Volume: 1,074,368
Technical Sentiment Signal: Sell
Current Market Cap: A$22.74B
Find detailed analytics on WTC stock on TipRanks’ Stock Analysis page.