8 ASX shares that brokers say have 30% (or more) upside in 2025

Brokers are tipping these ASX stocks for significant price rises in the new year.

Smiling couple looking at a phone at a bargain opportunity.

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S&P/ASX 200 Index (ASX: XJO) shares are trading 0.79% higher at 8,513.8 points on Thursday.

The ASX 200 lifted 7.49% last year, with total gross returns (including dividends) of 11.44%.

Many experts are predicting lower gains in the new year given high interest rates, a sluggish domestic economy, and uncertainty regarding US President Donald Trump's tariffs and the impact on global trade.

Top broker Morgan Stanley predicts the ASX 200 will be about 8,500 points by year's end. This implies a potential fall of 0.16%.

Dr Shane Oliver, Chief Economist at AMP Ltd (ASX: AMP), thinks the ASX 200 will rise to 8,800 points, up just 3.4%.

If you want to do better than the market average return this year, here are some ASX stocks that the experts say we should buy now in anticipation of 30%-plus share price rises over the next 12 months.

ASX shares forecast to rise 30% or more in 2025

Based on recent notes from top brokers, here are some ASX 200 shares tipped for major growth.

Goldman Sachs has a buy rating on Web Travel Group Ltd (ASX: WEB) with a share price target of $7.

A share price target is a broker's estimate of how much a stock will be trading for in 12 months' time.

The Web Travel share price is $5.11, up 1.59%. Goldman's target implies a 37% potential uplift for the stock this year.

Morgans has an add rating on Pilbara Minerals Ltd (ASX: PLS) with a 12-month price target of $3.25.

The Pilbara Minerals share price is $2.37, up 0.21% at the time of writing.

The target suggests a potential 37% rise.

Ord Minnett has a buy rating on GQG Partners Inc (ASX: GQG) shares with a price target of $2.80.

GQG shares are trading at $2.11 today, up 0.48%, so the broker's target implies a potential 33% upside from here.

Morgans also has an add rating on Nextdc Ltd (ASX: NXT) shares with a price target of $20.

Nextdc shares are $14.71, up 0.44%. The target indicates a potential 36% uplift for the ASX AI stock.

Bell Potter has a buy rating on ASX uranium stock Boss Energy Ltd (ASX: BOE) with a price target of $4.70.

Boss Energy shares are $3.13 apiece, up 4.17%, so the broker's target implies a potential 50% uplift.

Goldman Sachs is predicting strong growth for Domino's Pizza Enterprises Ltd (ASX: DMP) shares in 2025.

The broker has a buy rating and a share price target of $40.20 on the pizza chain network.

The Domino's Pizza share price is down 0.3% to $30.29. The target implies a potential 33% uplift in 2025.

Bell Potter is also backing HMC Capital Ltd (ASX: HMC) shares for major growth in 2025.

The broker has a price target of $13.50 on the diversified asset manager.

The HMC Capital share price is currently $9.41, up 0.64%, so the target implies a potential 43% increase.

An unexpected buy-the-dip opportunity?

The Zip Co Ltd (ASX: ZIP) share price has plunged 24% to $2.49 today despite a positive quarterly update.

Zip is the biggest faller of the ASX 200 today.

Today's tumble makes the consensus 12-month share price target of $3.63 on Trading View very alluring.

The target implies a 46% upside over the next 12 months.

The consensus rating on Zip shares among analysts using the CommSec trading platform is a moderate buy.

Motley Fool contributor Bronwyn Allen has positions in Domino's Pizza Enterprises and Zip Co. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Domino's Pizza Enterprises, Goldman Sachs Group, HMC Capital, and Zip Co. The Motley Fool Australia has recommended Domino's Pizza Enterprises and HMC Capital. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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