4 of the best ASX growth shares to buy now

Analysts are tipping these growing companies as buys. Let's dig deeper into them.

| More on:
Man looking happy and excited as he looks at his mobile phone.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Fortunately for growth investors, they have a lot of options to choose from on the Australian share market.

But which ASX growth shares could be buys in 2025? Let's take a look at four that brokers are currently tipping as buys. They are as follows:

Aristocrat Leisure Limited (ASX: ALL)

The first ASX growth share that could be a buy according to analysts is Aristocrat Leisure. It is one of the world's leading gaming technology companies with a portfolio of poker machines, digital games, and a fledgling real money gaming business.

The team at Citi is very positive on Aristocrat Leisure. So much so, the broker recently put a buy rating and $74.00 price target on its shares.

Lovisa Holdings Ltd (ASX: LOV)

Another ASX growth share that could be a buy in 2025 is Lovisa. It is a fashion jewellery retailer with a rapidly growing global network. Morgans is positive on the company. And while the broker acknowledges that Lovisa's "comparable store sales growth should have been better in FY24, it has continued to deliver and will, in our opinion, continue to do so in the years ahead." So much so, the broker feels that Lovisa is on a "journey to becoming a truly global brand."

Morgans has an add rating and $36.00 price target on its shares.

Temple & Webster Group Ltd (ASX: TPW)

Another ASX growth share that could be a buy is Temple & Webster. It is Australia's leading online furniture and homewares retailer with over 200,00 products on sale from over 500 suppliers. This includes direct sourcing capabilities through a private label division.

Temple & Webster has been growing strongly in recent years thanks to the structural shift online. But with this shift still in its early stages in this category compared to other Western markets, the future looks bright for the company.

Macquarie is a fan of Temple & Webster and has an outperform rating and $13.55 price target on its shares.

Xero Ltd (ASX: XRO)

A final ASX growth share that could be a buy is Xero. It is a cloud accounting platform provider that has an estimated market opportunity of over 100 million small to medium sized businesses globally. This compares to its current subscriber base of approximately 4.2 million.

Goldman Sachs believes this provides Xero with a multi-decade growth runway. In light of this, its analysts have put a buy rating and $201.00 price target on its shares.

Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in Lovisa, Temple & Webster Group, and Xero. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Lovisa, Macquarie Group, Temple & Webster Group, and Xero. The Motley Fool Australia has positions in and has recommended Macquarie Group and Xero. The Motley Fool Australia has recommended Lovisa and Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Growth Shares

a man looks down at his phone with a look of happy surprise on his face as though he is thrilled with good news.
Growth Shares

5 top ASX stocks to buy now with $5,000

Analysts are recommending these stocks as top buys right now.

Read more »

Man holding out Australian dollar notes, symbolising dividends.
Growth Shares

Top ASX stocks to buy right now with $7,000

Analysts think these shares would be top picks for your money.

Read more »

Ecstatic woman looking at her phone outside with her fist pumped.
Growth Shares

3 excellent ASX 200 growth shares to buy and hold with $3,000

Here's why analysts think these shares could be top picks for growth investors.

Read more »

A senior couple sets at a table looking at documents as a professional looking woman sits alongside them as if giving retirement and investing advice.
Value Investing

Forecast earnings growth of 10% a year but down 11%, is now the time for me to consider this ASX 200 high-flyer?

Despite recent good news, the shares are down...

Read more »

Cheerful boyfriend showing mobile phone to girlfriend in dining room. They are spending leisure time together at home and planning their financial future.
Growth Shares

The top ASX shares to buy right away with $3,000

Here are a couple of shares that analysts think would be top picks for Aussie investors.

Read more »

Shot of a young scientist using a digital tablet while working in a lab.
Growth Shares

Should you buy this top ASX share in the dip?

Down, but certainly not out.

Read more »

Smiling man working on his laptop.
Growth Shares

2 high-growth ASX shares to buy today: brokers

UBS is bullish about these businesses.

Read more »

Business people discussing project on digital tablet.
Growth Shares

My favourite ASX growth stock has crashed 11% YTD! Should I dive in and buy more?

Do analysts think that I should be backing up the truck to buy more shares? Let's find out.

Read more »