With the S&P/ASX 200 hovering near record highs and inflation pressures easing, the big question on many investors' minds is: Have we already entered the next bull market—or is the real rally still to come?
While no one rings a bell at the bottom (or the start of a new bull run), smart investors know it's not about timing the market—it's about time in the market.
And for those looking to position ahead of the next sustained uptrend, high-quality ASX growth shares should be top of the list.
Here are three ASX growth shares that analysts think are worth a closer look right now.
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NextDC Ltd (ASX: NXT)
The team at Morgans thinks that NextDC could be an ASX growth share to buy. As demand for digital infrastructure continues to explode, it is well positioned as Australia's leading independent data centre operator.
The rise of artificial intelligence, cloud computing, and data-heavy applications has created a tailwind for NextDC's long-term growth. And with a robust pipeline of new developments and strong customer retention, it appears well-placed for strong growth over the next decade according to the broker.
Morgans has a buy rating and $18.80 price target on its shares.
Telix Pharmaceuticals Ltd (ASX: TLX)
Biotech stocks are often volatile, but Telix is quickly proving it is more than a story stock. Its lead product, Illuccix, is already generating strong U.S. revenue, and a second approval (Zircaix) for kidney cancer imaging could land before the year's out.
What sets Telix apart is its vertical integration and market-leading position in radiopharmaceuticals. And with its recent US Medicare pricing transition expected to support margins, analysts at Bell Potter are forecasting a significant uplift in earnings.
In fact, Bell Potter is expecting a 48% earnings per share compound annual growth rate for the next two years. It is for this reason that the broker has a buy rating and $34.00 price target on its shares.
WiseTech Global Ltd (ASX: WTC)
A final ASX growth share to look at is WiseTech. This logistics solutions technology company has had its fair share of volatility over the past 12 months. Concerns around founder-led governance and product delays caused a period of underperformance. But don't let that noise distract you.
With its proposed acquisition of e2Open and the much-anticipated launch of its Container Transport Optimisation (CTO) product in FY 2026, WiseTech is firmly on the path to becoming the operating system of global logistics. The company's high recurring income and global customer base provide a powerful foundation to build on.
And while its shares trade at a premium, quality rarely comes cheap. And UBS still sees plenty of upside for investors. It has a buy rating and $145.00 price target on its shares.
