Most active ASX stocks today

The following are some of the most active ASX stocks today as recent operational progress and commercial milestones have increased investor optimism around their long-term potential.

TechnologyOne Limited (ASX: TNE) 

 is among the most active ASX stocks today after the share price jumped 8.45% on Wednesday at the time of writing due to another strong half-year result from the company.
The company in H1 FY26 reported total ARR growth of 17% to $598.0 million while profit before tax increased 9% to $89.1 million and total income rose 11% to $322.7 million helped by higher customer adoption.

TechnologyOne also has a very strong balance sheet which includes $245.5 million in cash and investments with no debt.

The company also reaffirmed its upgraded FY26 guidance and is targeting the top end of its 18-20% profit before tax growth range alongside ARR growth of 16-18%. It has an aim to achieve more than $1 billion in ARR by FY30.

TechnologyOne currently has a market capitalisation of $9.87 billion and is well placed to compound shareholder value over the long-term.

Tamboran Resources Corporation (ASX: TBN)

jumped 7.3% at the time of writing on Wednesday after investors responded positively to progress in the Beetaloo Basin which made it one of the most active ASX stocks today.
The company during the quarter improved its balance sheet through a US$219 million capital raise while its pro forma cash balance of about US$298 million gives it substantial flexibility to fund future drilling and gas development activity.

The Sturt Plateau Compression Facility is now 88% complete and remains on schedule and within budget while Tamboran is also preparing stimulation work across several wells together with new drilling activity expected in 2026.

Tamboran is on track for first gas sales from the Beetaloo Basin in 3Q 2026 while Santos continues to advance additional drilling programs aimed at LNG backfill opportunities for the early 2030s which could support significant long-term demand for Beetaloo gas.

The current market capitalisation is $1.45 billion and the company is well placed to benefit from rising long term demand for reliable domestic and LNG gas supply.

EBR Systems, Inc. (ASX: EBR) 

rose 8.91% at the time of writing on Wednesday as investors responded positively to the rapid commercial progress of its WiSE cardiac pacing technology which made it one of the most active ASX stocks today.

The company in Q1 2026 reported commercial implant volumes that were more than double the previous quarter while revenue reached US$2.36 million compared to almost no revenue in the prior corresponding period.

Recent updates also improved the outlook after EBR secured purchasing agreements with Advocate Health which covers 69 hospitals and CHRISTUS Health which covers 66 hospitals across the United States.

The company during the quarter signed 16 new purchase agreements while 22 more physicians completed training and total commercial implant procedures increased to 71.
The current market capitalisation is $247.81 million and EBR now has new partnerships and ownership of the world’s only wireless endocardial pacing system that is currently used in clinical practice.

The company is well placed to benefit from the large global market opportunity as commercial adoption of its technology has now picked up momentum.

(Source: Company Announcements)