Supercharge your wealth with these buy-rated ASX growth shares

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

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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.

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.

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