In this article, we will discuss the 8 Best Australian Stocks to Buy in 2026.
The Australian stock market has been extremely volatile in line with other global equity indexes. The country’s main stock index, the Australia Stock Index, is flat for the year after an 8% sell-off in March on concerns that the Middle East Conflict will trigger slow economic growth and delay a US interest rate cut.
Australia started the year with an inflation problem, a situation made worse by the oil shock amid the US-Iran war. According to Morningstar Equity Market Strategist Lochlan Halloway, Australian equities are attractive after a significant pullback year to date.
For starters, the real estate and energy sectors are compelling despite energy rallying 35% year to date. Similarly, technology stocks have had a challenging start to the year, following an AI-led pullback amid high valuations.
Expanding further on the technology sector, analysts Roy van Keulen and Shaun Ler believe it is undervalued and close to levels not seen since 2022.
“We see a resilient outlook for platforms embedded in complex, regulated workflows such as WiseTech and SiteMinder,” van Keulen and Ler said.
On the other hand, the real estate sector could present tremendous opportunities in the period of rising interest rates. The Reserve Bank of Australia is expected to raise the rate in May to 4.35% in the race to address the inflation problem that threatens to get out of hand amid tight energy prices. Likewise, higher energy prices present both risks and opportunities for utilities, with Morningstar analyst Adrian Atkins noting that Australian utilities are generally slightly undervalued.
While the ASX 200 is navigating high inflation (4.8% YoY expected) and volatility, it is expected to rebound towards the 9200-level highs after falling to 8262 in March. With that in mind, let’s take a look at the Best Australian Stocks to buy in 2026.
Our Methodology
To determine our 9 best Australian stocks to buy in 2026, we used the Finviz stock screener and scanned financial media reports to identify companies listed on the Australian Securities Exchange (ASX) as well as US exchanges. We ended up with dozens of stocks and applied additional filters to pick out the best. We looked for stocks with at least 5% upside potential (as of April 23) and that are favored by hedge funds. The hedge fund data was picked from Insider Monkey’s database as of Q4 2025. Finally, we ranked the stocks based on their price upside potential.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research shows we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
Best Australian Stocks to Buy in 2026
8. Amcor PLC (NYSE:AMCR)
Stock Upside Potential: 25.16%
Number of Hedge Fund Holders: 30
Amcor PLC (NYSE:AMCR) is among the best Australian stocks to buy in 2026. On April 21, Amcor PLC (NYSE:AMCR) announced that it has collaborated with Metsa Group and G. Mondini to accelerate a fiber-based packaging solution for the food industry. Metsa is a Finnish forest industry group, while G. Mondini is a food packaging provider.
The fiber packaging is in a tray-and-film combination format. Amcor said that this fiber-based packaging solution is engineered for protein and chilled ready‑meal applications. The company further said the fiber packaging is designed to protect perishable foods and to prolong shelf life.
For brands, Amcor said the fiber solution offers a distinctive format and supports their environmental commitments, as this solution can help cut plastic use. Also, Amcor pointed out that the fiber packaging solution responds to growing consumer confidence in sustainable materials.
Amcor noted that the fiber packaging solution partnership benefits from Metsa’s expertise in processing wood and G. Mondini’s packaging machinery expertise. Amcor itself brings barrier film technology to the collaboration.
As Amcor advances innovation in sustainable materials with fiber packaging solutions, Deutsche Bank has identified it as a solid investment. On April 7, Deutsche Bank named Amcor among its top packaging stocks in 2026. The bank highlighted Amcor’s exposure to defensive segments like food and healthcare, global footprint, strong pricing power, and cost discipline. In this light, Deutsche Bank believes Amcor is less vulnerable to macroeconomic pressures.
Amcor PLC (NYSE:AMCR) is an Australian-founded global packaging solutions company. It develops and produces packaging products for diverse industries, including food and beverage, personal and home-care, and healthcare. The company operates in more than 40 countries.
7. Life360, Inc. (NASDAQ:LIF)
Stock Upside Potential: 47.12%
Number of Hedge Fund Holders: 20
Life360 Inc (NASDAQ:LIF) is among the best Australian stocks to buy in 2026. On April 22, BofA Securities initiated coverage of Life360 Inc (NASDAQ:LIF) stock with a Buy rating and a price target of $60. The firm sees continued growth and profitability improvement at Life360.
BofA Securities expects Life360 to continue adding more users to its family safety app. It estimates that the company’s users will increase at a compound annual growth rate of 18% in the 2025 – 2027 period. The firm sees Life360’s user-base expansion benefiting from the company’s strong position in the family safety app category and a large global opportunity.
On the financial side, BofA Securities expects Life360’s revenue to grow at a compound annual rate of 31% over the 2025-2027 period. It expects EBITDA growth of 47% over the same timeframe. Moreover, the firm expects Life360’s financials to exceed consensus estimates by 2% to 5%.
BofA Securities highlighted a number of growth tailwinds for Life360. Expanding product portfolio is one of them, with the firm citing the company’s elderly tracker and pet tracker products.
The firm also mentioned the planned Uber integration as a catalyst. In an expansion of their existing partnership, Life360 and Uber announced on February 17 a deeper integration of their services. They said this would allow families to coordinate transportation and tracking more easily.
In 2025, Life360’s monthly active users increased 20% YoY to 95.8 million, and revenue rose 32% YoY to $489.5 million.
Life360 Inc (NASDAQ:LIF) provides a family safety mobile app used by millions around the world. The app helps with functions like real-time tracking and location history. It also offers safety features like SOS alerts and crash detection. Families use it to stay connected and ensure their safety.
6. Tamboran Resources Corp (NYSE:TBN)
Stock Upside Potential: 60.70%
Number of Hedge Fund Holders: 14
Tamboran Resources Corp (NYSE:TBN) is among the best Australian stocks to buy in 2026. Tamboran Resources Corp (NYSE:TBN) has recently completed several fundraising programs.
On April 15, the company announced that it had completed the final part of a series of direct equity offerings to a certain group of institutional investors. That final transaction involved the sale of an additional 96,698 shares of common stock. Tamboran Resources previously issued 916,412 shares to this same group of investors in a transaction that was announced as closed on April 14.
Separately, on April 14, the company said that it had completed an accelerated equity offering to a group of existing institutional shareholders outside the US. In this transaction, Tamboran Resources issued depository interests representing 741,542 shares of its common stock. The transaction generated A$37.1 million in total proceeds.
Also on April 14, Tamboran Resources announced the completion of the sale of an additional 443,491 shares of its common stock through an underwritten offering. It said that this transaction raised $14.7 million in net proceeds.
Tamboran’s underwritten offering was announced way back on April 7. At that time, the company said it would offer around 2.96 million shares at a price of $35 per share. It said that it would grant the underwriters the option to purchase an additional 443,491 shares. The company hoped to raise $103.5 million in gross proceeds through the underwritten offering before including the potential sale of additional shares.
Tamboran intended to use net proceeds from these offerings to fund its drilling operations in Australia.
Tamboran Resources Corp (NYSE:TBN) is an energy company founded in 2009. The company specializes in low-carbon natural gas production in the Beetaloo Basin in Australia. Tamboran Resources is focused on meeting domestic natural gas demand in Australia and supporting gas exports to the Asia-Pacific.
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