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Top brokers name 3 ASX shares to buy today

The Motley Fool·01/07/2026 00:55:08
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With most brokers taking a break over the holiday period, there haven't been many notes hitting the wires.

But never fear! Summarised below are three recent recommendations that remain very relevant today. Here's what brokers are saying about these ASX shares:

Chrysos Corporation Ltd (ASX: C79)

According to a note out of Bell Potter, its analysts upgraded this mining technology company's shares to a buy rating with an improved price target of $9.40. This followed the release of a trading update from Chrysos' annual general meeting. Bell Potter noted that Chrysos started FY 2026 strongly and reported a 54% increase in revenue year to date. This was ahead of the broker's estimates. Looking ahead, Bell Potter believes that this trend can continue. It points out that Chrysos' industry adoption has accelerated over the past 12 months with the signing of the master services agreement with Newmont Corporation (ASX: NEM) and the broadening of relationships with commercial lab operators. In addition, Bell Potter believes the exploration upcycle should deliver further upside, which could lead to Chrysos comfortably outperforming its EBITDA guidance this year. The Chrysos share price is trading at $7.31 this afternoon.

Megaport Ltd (ASX: MP1)

A note out of Macquarie revealed that its analysts retained their outperform rating on this network solutions company's shares with an increased price target of $21.70. Macquarie noted that the recent acquisition of India-based Latitude expands its immediate addressable share of customer wallet. The broker points out that customers already consume compute products, but Megaport has not historically sold compute. As a result, Latitude's product offering is highly complementary to the existing product set and offers a direct position in a large and fast-growing end market. It estimates that Bare Metal as a Service (BMaaS) is a large, end market currently worth US$15 billion, and growing rapidly. Combined with the stabilisation of its core revenue, Macquarie believes this leaves Megaport well-placed for long term growth. The Megaport share price is fetching $12.21 at the time of writing.

Zip Co Ltd (ASX: ZIP)

Another note out of Macquarie revealed that its analysts retained their outperform rating and $4.85 price target on this buy now pay later provider's shares. The broker thinks that Zip will deliver on its net transaction margin guidance in FY 2026 despite elevated loss rates that are being caused by its accelerating total transaction value (TTV) growth. Outside this, Macquarie is forecasting Zip to continue to deliver rapid growth supported by increased product adoption, expansion of its merchant network, increased customer engagement, and digital product innovation. The Zip share price is trading at $3.22 on Wednesday afternoon.

The post Top brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

Motley Fool contributor James Mickleboro has positions in Megaport. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Chrysos, Macquarie Group, and Megaport. The Motley Fool Australia has positions in and has recommended Chrysos and Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2026