Data#3 Limited

Kalkine’s Artificial Intelligence and Emerging Technologies report provides investors with in-depth analysis and insights of the companies driving innovation in AI and emerging tech sectors. From artificial intelligence and machine learning to blockchain, Internet of Things (IoT), and beyond, this report covers the spectrum of groundbreaking technologies poised to revolutionize various sectors.

Global AI spending is set to accelerate significantly, with Gartner projecting it to reach approximately US$2.52 trillion in 2026, marking a 44% year-on-year increase. Within this, AI software spending is expected to grow at a CAGR of 19.1%, rising from US$124 billion in 2022 to US$297 billion by 2027. Notably, generative AI is anticipated to account for a rapidly increasing share, with its contribution to AI software spending projected to climb from 8% in 2023 to 35% by 2027.

Based on the above data, one ASX stocks have been identified to showcase the momentum, supported by rigorous fundamental and technical research.

Data#3 Limited (ASX: DTL)

Company Overview: Data#3 Limited (ASX: DTL) is an information technology (IT) services and solutions provider. It is focused on helping customers solve complex business challenges using technology solutions. This Global Artificial Intelligence & Emerging Technologies Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Section 1.0: Key Metrics in Pictures

Based on the financial metrics outlined above, the following sections provide an in-depth fundamental and technical analysis of the stock, including key support and resistance levels, indicative stop-loss, and recommendation.

Section 2.0: Data#3 Limited (‘Speculative Buy’ at AUD 6.98, closing market price per share as on 15 April 2026)

2.1 Company Details

2.2 Valuation, Technical Summary & Stock Recommendation

The stock has decreased by ~28.7% in last three months, and over the last six months, it has moved down by ~20.5%. The stock has traded within a 52-week range of AUD 6.420 to AUD 10.200 and is currently positioned below its 52-week average level. DTL was last covered in a report dated ’21 May 2025’.

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is neither an indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 15 April 2026. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Note 5: Dividend Yield may vary as per the stock price movement.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.