While headlines often spotlight stock market winners, it is equally important to consider ASX shares trading near their 52-week lows. Such shares may present attractive opportunities for investors willing to take calculated risks. A struggling company can sometimes be oversold, offering potential entry points for those with a keen eye for value. Here, we examine three ASX shares currently trading close to their 52-week lows, which could be worth a closer look.
Computershare Ltd (ASX: CPU)
Computershare Ltd closed yesterday at $34.03, slightly above its 52-week low but still 20% below its share price from last February. As an Australian financial administration company, Computershare provides global services in corporate trusts, stock transfers, and employee share plans. Many consumers recognize its online portal for managing investments such as shares, dividends, and shareholder communications.
The decline in Computershare’s share price likely reflects broader market challenges. However, after a 20% drop, the stock may be at a relative discount, particularly given its steady execution of FY26 guidance. Although this stock may not see explosive growth overnight, analysts have set an average price target just under $37, suggesting an upside of more than 8.6% from current levels.
“Computershare remains a stable entity in the financial administration sector, and its current valuation could be appealing for long-term investors,” said a market analyst.
Audinate Group Ltd (ASX: AD8)
Audinate Group, a notable player in the ASX technology sector, faced significant challenges in 2025. The Information Technology index (ASX: XIJ) fell more than 20%, but Audinate’s performance was even more severe, with shares down 60% from their 52-week highs last February. The company specializes in digital audio-visual networking solutions through its Dante platform, widely used in professional audio and AV systems globally.
Investor sentiment turned sour due to weaker-than-expected financial performance and lowered growth prospects. Despite these setbacks, the current share price may represent a buy-low opportunity. TradingView reports an average price target of $7.54, indicating a potential 70% upside from its closing price of $4.14 yesterday.
“Audinate’s technology remains highly regarded, and the current market conditions could offer a compelling entry point for investors,” commented an industry expert.
Premier Investments Ltd (ASX: PMV)
Premier Investments, an Australian company known for its specialty retail brands such as Peter Alexander and Smiggle, has seen its share price fall over 46% in the past year, reaching a 52-week low. This decline followed a trading update that revealed weaker discretionary spending in the first half of FY26.
Macquarie recently reduced its 12-month price target on Premier Investments from $20.80 to $16.20 per share. Despite the reduced target, this still suggests a 20.71% upside from current levels.
“The retail sector is facing headwinds, but Premier Investments’ diverse brand portfolio could help it weather the storm,” noted a retail analyst.
Market Context and Investor Sentiment
The current market environment poses challenges for many companies, with broader economic factors such as inflation and interest rate hikes influencing investor behavior. However, for those willing to navigate these complexities, the shares trading near their 52-week lows could offer significant upside potential.
Investors are advised to conduct thorough research and consider both the risks and potential rewards. As always, diversification remains a key strategy in mitigating risk while seeking growth opportunities.
As the market continues to evolve, these companies will likely adjust their strategies to adapt to changing conditions, potentially offering further opportunities for astute investors.
