Some shares on the ASX have what it takes to keep growing for decades. They combine scalable business models with global opportunities, strong management, and competitive advantages that make it hard for rivals to catch up.
But which ones?
For investors looking to buy and hold, here are three ASX growth shares that could be worth owning for the long haul.
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Life360 Inc. (ASX: 360)
Over the past few years, Life360 has transformed from a family-tracking app into a full-fledged platform for safety and connectivity. At the end of the second quarter of 2025, the ASX growth share reported 88 million monthly active users and paying circles of 2.5 million.
That scale creates a strong network effect: the more people join, the more valuable the platform becomes. Life360 is also monetising effectively through higher-priced tiers and its advertising business. With its blend of growth, sticky customers, and a huge addressable market, Life360 is building a strong case as a long-term compounder.
Morgan Stanley is bullish on the company and has a buy rating and $51.00 price target on its shares.
TechnologyOne Ltd (ASX: TNE)
Another ASX growth share that could be a top long term option is TechnologyOne. It is one of Australia's most reliable technology companies, providing enterprise software to governments, universities, and corporates.
Its move to a software-as-a-service model has supercharged recurring revenues and given it predictable earnings growth year after year. For example, the company has delivered 16 consecutive years of profit growth and is confident that more is on the way. In fact, management expects to double its annual recurring revenue (ARR) to over $1 billion by FY 2030.
And with its international expansion underway and ongoing investment in product development, TechnologyOne's growth runway remains long and attractive.
UBS has a buy rating and $42.20 price target on its shares.
WiseTech Global Ltd (ASX: WTC)
Finally, WiseTech Global has become a critical player in global logistics with its CargoWise platform. Freight forwarders, customs brokers, and transport operators worldwide use it to streamline supply chains and reduce costs.
What makes WiseTech attractive as a long term buy and hold pick is the stickiness of its software. Once customers adopt CargoWise, switching is costly and disruptive, which helps keep retention high. With global trade volumes growing and WiseTech continuously expanding its product suite, the company has decades of growth potential ahead.
Bell Potter is a big fan of this ASX growth share right now. The broker has a buy rating and $127.50 price target on its shares.
