Supercharge your wealth with these buy-rated ASX growth shares

Analysts say that these shares would be great picks for growth investors.

| More on:
A woman wearing a hard hat holds two sparking wires together as energy surges between them. representing the rising Li-S Energy share price today

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

For investors with a long-term mindset and an appetite for growth, the current share market selloff could be an ideal time to act.

While volatility has dented confidence in recent weeks, some of the ASX's most promising growth stories remain firmly intact — and are now trading at far more attractive levels.

If you're looking to supercharge your wealth, here are three ASX growth shares that brokers still rate as buys. They are as follows:

Life360 Inc (ASX: 360)

The first ASX growth share that brokers rate as a buy is Life360. It is the US-based family safety app provider that continues to grow rapidly, both in terms of user base and revenue. Its flagship offering — the Life360 app — now boasts almost 80 million monthly active users and 2.3 million paying users.

What makes Life360 particularly compelling is its high-margin, subscription-based model and expanding ecosystem, which now includes wearable devices and integration with Tile tracking products. In addition, the company is looking to expand into new areas this year – this includes pet tracking.

Goldman Sachs remains highly positive on the company's future and believes its strong growth can continue long into the future. It is for this reason that the broker currently has a buy rating and $28.00 price target on its shares.

NextDC Ltd (ASX: NXT)

Another ASX growth share to look at is NextDC. It is Australia's leading data centre operator — and a critical player in the country's digital infrastructure.

As more companies shift to the cloud, adopt artificial intelligence (AI), and scale their digital operations, demand for secure, high-performance data storage is only heading one way. Up!

NextDC has responded with an ambitious rollout of new data centres across the Asia-Pacific region, positioning itself to capture long-term growth from enterprise, government, and hyperscale clients.

Goldman Sachs is also feeling bullish about this one. It currently has a buy rating and $17.10 price target on its shares.

Temple & Webster Group Ltd (ASX: TPW)

Finally, Temple & Webster could be an ASX growth share to buy according to analysts. It is an online furniture and homewares retailer that has carved out a dominant position in the Australian e-commerce landscape.

While the post-COVID boom has normalised, the long-term shift toward online shopping continues — and Temple & Webster is capitalising with its strong brand, private label growth, and disciplined execution.

The company is also expanding into home improvement and B2B channels, both of which offer significant untapped potential. Though, time will tell if this side of the business flourishes like its core operation.

Macquarie is a fan of the company and recently named it among its top small and mid-cap picks. The broker has an outperform rating and $17.60 price target on its shares.

Should you invest $1,000 in Life360 right now?

Before you buy Life360 shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Life360 wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 6 March 2025

Motley Fool contributor James Mickleboro has positions in Life360, Nextdc, and Temple & Webster Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Life360, Macquarie Group, and Temple & Webster Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended 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

Two smiling work colleagues discuss an investment or business plan at their office.
Growth Shares

3 ASX growth shares down 30% or more to buy right now

Analysts are expecting these shares to rebound strongly from recent weakness.

Read more »

A man sees some good news on his phone and gives a little cheer.
Growth Shares

Why these ASX growth shares could rise 30%+

Analysts think these shares are undervalued. Let's see what they are saying.

Read more »

A young man pointing up looking amazed, indicating a surging share price movement for an ASX company
Growth Shares

3 fantastic ASX 200 growth shares to buy with $20,000

Brokers think these shares are going places. Let's see what they are.

Read more »

a woman holds a facebook like thumbs up sign high above her head. She has a very happy smile on her face.
Growth Shares

1 magnificent ASX stock down 33% to buy and hold forever

Analysts think that this fallen angel could be a quality buy right now.

Read more »

Hand holding Australian dollar (AUD) bills, symbolising ex dividend day. Passive income.
Growth Shares

Got $2,000 to invest? These ASX shares could rise 30% to 60%

Analysts are tipping these shares to rise strongly from current levels.

Read more »

A man holding a cup of coffee puts his thumb up and smiles while at laptop.
Growth Shares

Macquarie tips these ASX growth shares as buys

The broker is feeling bullish about these top shares. Let's see why.

Read more »

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 »