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 businessman compares the growth trajectory of property versus shares.
Growth Shares

The ASX stocks I think could define the next decade of growth

Analysts are recommending these growth machines to clients.

Read more »

a man in a green and gold Australian athletic kit roars ecstatically with a wide open mouth while his hands are clenched and raised as a shower of gold confetti falls in the sky around him.
Growth Shares

Top Australian stocks to buy right now with $2,000

There are good reasons why these shares are rated as buys by brokers.

Read more »

Piggybank with an army helmet and a drone next to it, symbolising a rising DroneShield share price.
Growth Shares

The sleeper defence stock set to explode? Up 240% in 2025, and poised to fire again!

A big part of the EOS story this year comes down to how quickly modern warfare is changing.

Read more »

a man sits on a ridge high above a large city full of high rise buildings as though he is thinking, contemplating the vista below.
Growth Shares

2 ASX shares to buy and hold for the next decade

I’m bullish about the long-term potential of these businesses…

Read more »

A woman crosses her hands in front of her body in a defensive stance indicating a trading halt.
Growth Shares

2 unstoppable ASX growth shares to buy and hold

These shares are positioned for strong growth over the next decade according to analysts.

Read more »

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

Here are the 3 Australian stocks I'd tell a new investor to buy asap

These shares could be top picks for new investors right now. Let's dig deeper into them.

Read more »

A businessman compares the growth trajectory of property versus shares.
Growth Shares

2 ASX giants to buy for decades of growth and dividends

Income or growth? Why not have both!

Read more »

A woman wearing dark clothing and sporting a few tattoos and piercings holds a phone and a takeaway coffee cup as she strolls under the Sydney Harbour Bridge which looms in the background.
Growth Shares

3 Australian shares to buy and hold for 20 more years

Let's see why these shares could be among the best to buy and hold until the 2040s.

Read more »