Top 3 ASX Stocks to Watch in 2026 for Growth and Future Potential

These three shares are growing with better business results, strong financial performance and plans to support further growth in the future.

Accent Group Limited (ASX: AX1)

On 21 August 2026, shared its FY26 results. AX1 achieved sales of $1.64 billion versus $1.62 billion in FY25. EBITDA was $278.9 million. The underlying EBIT $105.3 million and underlying NPAT $51.0 million. Reported EBIT was $34.0 million after a $48.6 million noncash goodwill impairment, while statutory NPAT was a $13.8 million loss. Total FY26 dividends were 4.5 cents per share.

Owned sales increased 4.7% to $1.53 billion, while LFL sales fell 0.5%. Gross margin was 53.1%. OzSale and Glue were closed, along with Dickies, Herschel and Superga distribution agreements, removing $17.8 million in annualised losses. TAF added 17 stores, while Sports Direct had three stores trading by year-end.

The 2030 plan targets at least $1.9 billion sales, 9%+ EBIT margin and about 950 stores by 2030. Debt facilities rose by $102 million to $372 million. In the first seven weeks of FY27, owned sales increased 3.2%, while LFL retail sales fell 2.0%. July gross margin improved, and August sales were better than July.

HomeCo Daily Needs REIT (ASX: HDN)

On 13 August 2026, announced FY26 results for the year ended 30 June 2026. FFO per unit reached 9.0 cents, versus 8.8 cents in FY25. NTA per unit rose 6.1% to $1.56. Occupancy stayed at 99%, cash rent collections above 99%, comparable property NOI grew 4.0%, and leasing spreads were 5.9%.

Portfolio value increased $311m gross and $180m net, representing 6.2% growth. Acquisitions totalled $81m, targeting 10%+ IRR, while $168m of assets were sold at a 5.25% exit cap rate and 1.6% premium to book value. The new unsecured debt facility added $300m, with a BBB+ rating. Development spending was $120m, alongside a $650m+ pipeline targeting \~7%+ ROIC.

For FY27, comparable property NOI growth is forecast at 4.0%. Higher financing costs may reduce FFO by about 2%. Guidance remains 8.8 cents FFO per unit and 8.6 cents DPU. Gearing was 35.7%, with 68.4% interest hedging at June 2026 and 75.0% for June 2027.

Transurban Group (ASX: TCL)

On 13 August 2026, shared FY26 results, with a distribution of 69.0 cents per stapled security, up 6.2%. Free cash coverage was 98.1%, at 67.7cps. Statutory profit after tax reached $432 million, while average daily traffic increased 2.2%. Proportional EBITDA was $3,110 million including operating EBITDA of $3,063 million, up 7.5%. Toll revenue rose 6.7% to $3,982 million.

The company recorded proportional operating costs of $984 million, 3.3% higher than FY25, while like-for-like costs increased 0.7%. EBITDA margin improved to 75.7% from 74.9%. Corporate liquidity stood at $3.7 billion at 30 June 2026 with 87.8% of debt hedged and AUD debt carrying a 4.8% weighted average cost. FY27 distribution guidance is 72cps with coverage expected slightly below the 95-105% target.

On 20 August 2026, DriveTN was selected as best value proposer for Tennessee’s I-24 Choice Lanes. The 26-mile project has an estimated construction value of US$9.2 billion and concession value of US$24.8 billion. Financial close is expected mid-2027.

(Source: Company Report)