3 ASX Tech stocks to buy

The following three ASX tech stocks look compelling right now supported by their high returns on capital along with promising long-term growth trajectories and historically cheap valuations.

3 ASX Tech stocks to buy

Hansen Technologies Limited (ASX: HSN) 

Life360, Inc. (ASX: 360) 

Objective Corporation Limited (ASX: OCL) 

Hansen Technologies Limited (ASX: HSN) 

is one of the best ASX tech stocks right now with a market capitalisation of approximately $997.15 million. It is a leading global software provider for energy, utilities and telecommunications sectors with an annual dividend yield of 2%.

The company in 1H26 reported strong financial performance as operating revenue rose 7.3% to $191.0 million. Underlying EBITDA increased 46.1% to $55.7 million while Underlying NPATA surged 142.3% to $30.5 million compared with the prior corresponding period.

Communications & Media revenue reached $82.3 million which represented growth of 13.5% year-on-year. Cash EBITDA rose 68.8% to $49.3 million and Underlying EBITDA margins improved to 29.2% because of operating leverage and disciplined cost management.

The long-term outlook also improved after Hansen completed the acquisition of Digitalk for approximately $65.2 million which added more than 150 customers across over 30 countries.

The company has also accelerated its AI strategy with eight embedded AI solutions already available in market or at proof-of-concept stage across energy trading, customer service, billing automation and EV charging optimisation which positions Hansen to benefit from rising adoption of AI-driven enterprise software.

Life360, Inc. (ASX: 360) 

is a solid ASX tech stock and the market currently is undervaluing the company because of concerns around AI disruption. The company now has a market capitalisation of $4.84 billion.
The company in FY2025 reported consolidated revenue of US$489.5 million which was up 32% year-on-year. 

Life360 recorded the first full year of positive net income in its history. Monthly active users rose 20% to approximately 95.8 million while global paying circles increased 26% to around 2.8 million.
The launch of Life360 Pet GPS across five global markets added further support to the company’s outlook and the acquisition of Nativo is also expected to help build a full stack advertising platform.

Management expects strong future expansion and is targeting 20% MAU growth in 2026. The company is also aiming for Adjusted EBITDA between US$128 million and US$138 million while pursuing 150 million MAUs more than US$1 billion in annual revenue and a 35% Adjusted EBITDA margin through global expansion.

Objective Corporation Limited (ASX: OCL) 

is one of the best ASX tech stocks and currently has a market capitalisation of $1.07 billion and has further expanded its position as a leading GovTech and RegTech software provider focused on mission critical solutions for governments and regulated industries.

The company in 1HY2026 reported impressive financial results with revenue rising 9% versus the prior corresponding period to $67 million while net profit after tax grew 10% to $19 million.

Objective also saw solid momentum in its SaaS transition as SaaS revenue rose 24% while subscription revenue increased 13% and adjusted EBITDA reached $26 million with a 40% margin alongside operating cash flow which surged 72% to $22 million compared with 1HY2025.
The business maintained a strong balance sheet because cash increased 13% year-on-year to $95 million while the company also invested $17 million into research and development which represented 28% of software revenue.

(Source: Company Reports)