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

Woman happy and relaxed on a sofa at a shop.
Growth Shares

Are these 2 top ASX growth shares buys?

Are these high-flyers still buys?

Read more »

Two university students in the library, one in a wheelchair, log in for the first time with the help of a lecturer.
Growth Shares

3 stellar ASX growth shares to buy with $7,000

Let's see why analysts are feeling bullish about these top stocks.

Read more »

A smiling man at a shop counter takes payment from a customer, with racks of plants in the background.
Growth Shares

2 ASX shares to buy and hold for the next decade

I’m optimistic about what these investments can deliver in a year.

Read more »

A smiling businessman in the city looks at his phone and punches the air in celebration of good news.
Growth Shares

High-conviction ASX 200 shares with 10-year upside

Let's see why analysts think these shares could be great long term picks.

Read more »

A young male ASX investor raises his clenched fists in excitement because of rising ASX share prices today
Growth Shares

The ultimate Australian stocks to buy and hold for 10+ years

These shares could be ultimate buys according to analysts.

Read more »

A smiling man take a big bite out of a burrito
Growth Shares

Looking for ASX growth shares? I rate these 2 as buys

I’m backing these investments to deliver big returns.

Read more »

A bland looking man in a brown suit opens his jacket to reveal a red and gold superhero dollar symbol on his chest.
Growth Shares

Macquarie says these ASX 200 growth shares can rise 20% to 35%

Let's see what the broker is saying about these growing companies.

Read more »

Growth Shares

Why Zip shares and this ASX 200 stock are a buy according to this fund manager

These stocks could be leading contenders to deliver returns in the ASX 200.

Read more »