Azzet reports on three ASX stocks with price moving updates today.
Nick Scali rallies on September quarter update ~
Shares in Nick Scali (ASX: NCK) were up 11.7% by 2:15 pm AEDT (3:15 am GMT) after the furniture retailer posted an impressive trading up for the first half of FY26, with first quarter sales revenue up 6% over the previous period.
However, given that the bulk of today’s data was already flagged during the FY25 result, today’s share market rise appears a little overdone.
Clearly, the market is encouraged by the company’s robust start to FY26 amid circling macroeconomic uncertainty.
Management told the market this morning to expect a strong 7-9% on-year lift in first half sales revenue and reported 11.6% growth in total written sales orders across Australia and NZ in Q1 FY26, with same-store orders up 10.7%.
Group profit is forecast to come in at $33 to 35 million, compared to $30 million in H1 FY25.
The group had a combined store network of 130 stores at the end of June 2025 and plans to open five new stores this year, including three Nick Scali and two Plush outlets.
Included within today’s trading update, management also noted:
- The UK gross margin in the first quarter was 58.3%, which compares to 41% on acquisition of the business and 47.1% for FY25.
- In the UK, refurbished Nick Scali stores saw written sales orders improve, with August and September trading 10% above the same period under the Fabb brand.
- Statutory Losses in the UK for the first half will likely be $5 million-$6 million.
- Total borrowings at $71.7 million remained unchanged during the year.
- ANZ online written sales orders for the year were up 21.8% with enhancements in the user experience driving growth.
- As stated during its FY26 results presentation, the group’s break-even revenue position will be circa $53 million.
As a result of anticipated revenue growth in A/NZ, the A/NZ statutory net profit after tax for 1H FY26 will be in the range of $39-40 million, up on $34 million a year earlier.
At FY25, the group reported a 5.8% in group revenue to $495.3 million, while underlying net profit after tax fell by 24.4% to $62.0 million, which was largely attributed to its UK expansion.
The group declared a fully franked final dividend of 33 cents per share, bringing the total dividend for FY25 to 63 cents per share.
The stock is currently trading at $27.87, and according to projections from 9 analysts, the average 12-month price target for Nick Scali is 21.90877, with a high estimate of 27 and a low estimate of 18.
In August 2025, Macquarie had an "outperform" rating and a price target of $21.90, citing strong Australian and NZ performance and improving gross margins in the UK.
Meanwhile, on October 12, 2025, Simply Wall St. reported that Nick Scali was estimated to be undervalued based on cash flow analysis, despite declining profit margins.
Nick Scali has a market cap of $2.1 billion; the share price is up 74% in one year and up 12% in the last week.
While the stock’s 200-day moving average is trending upwards and highlights long-term investor interest in the stock, the 20-day moving average is falling as upward momentum wanes.
Consensus is Moderate Buy.
Stakk rallies again after disclosing US contract
Having been on a tear since mid-September, shares in Stakk (ASX: SKK) rallied 17.2% after the fintech small cap (formerly Douugh Ltd) announced it has secured a revolving-term Master Services Agreement, and corresponding Service Order Form, to deliver its Stakk IQ Embedded Finance solution to San Francisco-based fintech Chime Financial, Inc. (NASDAQ: CHYM).
Under the terms of the Agreement, Stakk will deliver Chime, a solution encompassing its mobile image capture, image authentication, OCR (optical character recognition), and document/data orchestration capabilities, powering certain of its deposit acceptance methods.
Revenue under the agreement, which may be renewed by mutual consent every 12 months, will consist of a monthly platform fee together with usage-based transaction fees that are incurred by Chime each time one of its users interacts with the service functionality powered by Stakk. These are set to begin flowing to Stakk in November of 2025.
Commenting on today’s announcement, Andy Taylor, Executive Director of Stakk, told the market that this agreement further validates Stakk IQ as a mission-critical infrastructure layer for embedded finance - used by leading neobanks and fintechs to streamline document-based transactions - while maintaining compliance and fraud resilience at scale.
“Stakk continues to attract the attention of globally recognised brands – not because of a price differentiation, but rather its unique approach to delivering modern, intuitive, and essential capabilities that others find too boring to build themselves,” he said.
“Being selected to deliver even a small – albeit boring – part of their capabilities is a genuine honour, and a responsibility we take pride in meeting.”
While Chime is not a bank itself, it operates as a digital banking platform, emphasising fee-free, mobile-first services designed to promote financial health and accessibility for everyday consumers, particularly those underserved by traditional banks.
To the uninitiated, Stakk provides embedded-finance infrastructure, delivering critical SaaS capabilities to 210-plus banks, credit unions, neobanks, and fintech platforms across Australia and the U.S.
Through its modular Stakk IQ platform, the Company provides mobile document capture, risk intelligence, authentication, transaction orchestration, settlement, and underwriting as plug-and-play services.
Earlier this month, Stakk reported record growth across its software-as-a-service (SaaS)-based embedded finance platform Stakk IQ, underscoring its transformation from a legacy consumer-focused business to a high-margin provider of critical financial infrastructure for global fintechs and enterprise platforms.
The company’s gross margin is understood to be currently running at around 78%, supported by a capital-efficient cost structure and multi-year client contracts providing predictable and defensible revenue streams.
Strong performance for 2025 to date across all key metrics was underscored by a 730% jump in active U.S. client numbers to 212 (from 29 in January), and a 312.5% increase in annual recurring revenue (ARR) to $4.5 million (from $1.44 million in January).
The company expects the ARR run-rate to exceed $8 million by year-end.
Monthly transactions have increased by 41% to 144,126, and monthly processed value has increased by 30% to $413.4 million (previously $322 million).
The company successfully raised $15 million earlier this month via a heavily oversubscribed equity placement to a number of international and domestic institutional investors.
Stakk has a market cap of $165 million; the share price is up 737% in one year and up 48% in the last week.
The stock appears to be in a strong bullish trend, confirmed by multiple indicators. Specifically, a 5-day moving average of the stock price is above the 20 and 50-day moving averages.
Consensus does not cover this stock.
Data#3 jumps after 1H FY26 guidance exceeds analyst forecasts
Shares in Data#3 (ASX: DTL) were up 5% after the Australian IT services and solutions provider guided to first-half FY26 profit before tax of $32 to 34 million, ahead of analyst forecasts, with the mid-point up 1% on last year and 5% above consensus.
Also capturing the market’s imagination today were management’s expectations of the software business returning to growth in 2HFY26, resulting in a similar full-year gross profit contribution as the prior year.
Brad Colledge, the company’s CEO, told the market to expect a solid full year contribution from Infrastructure Solutions and Services to deliver overall Gross Profit growth in the high single digits for FY26, with a slightly higher skew towards the second half compared to the prior year.
He expects further easing of interest rates in FY26 to see interest income down from FY25.
“The 2032 Brisbane Olympics and Paralympics represent a unique opportunity for Data#3 to leverage our expertise in large-scale infrastructure projects,” he said.
“Our broad customer base — including customers in federal, state, and local governments, education, health, the corporate and resources sectors — continues to benefit from our integrated solutions, transformation capability, and adoption of AI.”
Meanwhile, during its 2025 AGM, the company announced significant board changes as part of its succession planning strategy.
The company emphasised the importance of these changes in ensuring a mix of experience and fresh perspectives in leadership.
Notably, the appointment of Bronwyn Morris as Non-Executive Director and Chair of the Audit and Risk Committee was highlighted, along with the introduction of Diana Eilert and Laurence Baynham as new Non-Executive Directors.
These appointments are expected to strengthen the board and support the company’s continued growth. The board also proposed adjustments to the Remuneration and Nomination Committee, contingent on the approval of the elections.
At FY25, Data#3 delivered a strong performance, achieving record gross sales of $3.0 billion, up 9% on the previous year, with growth supported across all three operating segments.
Total gross profit increased 7.3% to $289.7 million, and the internal cost ratio improved from 80.6% to 79.7%, benefiting from operational efficiencies and a restructure in the Infrastructure Solutions business in 1H FY25.
Data#3 has a market cap of $1.4 billion; the share price is up 31% in one year and up 9% in the last week.
The technical picture for the stock is mixed.
Both the 20 and 200-day moving averages are trending higher, which is bullish.
However, the 50-day moving average shows weakness in the medium term because the 5-day moving average lies below.
Consensus is Moderate Buy.
This article does not constitute financial or product advice. You should consider independent advice before making financial decisions.
