The S&P/ASX 200 Index (ASX: XJO) has slumped slightly this week, down 0.4% to the close on Tuesday afternoon. Over the year, the index is 9.62% higher, and there are indications that it could end the 2025 calendar year at an all-time high.
And there are several growth shares tipped to outpace the index too, with some analysts expecting upside to surpass 40%.
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Amcor plc (ASX: AMC)
The Amcor share price has been through the ringer this year. After plummeting by just over 13% in August when the international plastics behemoth's fourth-quarter update sparked an investor sell-off, the share price has struggled to recover.
The ASX 200 share price closed the day 0.24% lower on Tuesday at $12.61, ending up 24.31% lower for the year.
But going forward, analysts are optimistic that we could see a huge shift over the next 12 months.
For example, UBS has a buy rating and $18.25 price target on the shares. That represents a potential 44.8% upside for investors over the next year.
Analysts at Macquarie also say the shares are hugely undervalued and that the savings from its US$8.4 billion merger with Berry Global are not being priced in. It has a much more bullish price target of $17.46 on the stock. That represents a potential 38.5% upside for investors.
Greatland Resources (ASX: GGP)
The Greatland share price suffered a significant 9.05% sell-off on Tuesday after the gold producer delivered its results for the September quarter. The company has now generated $885 million in cumulative cash flow from operations since acquiring Telfer–Havieron in December 2024, more than covering the upfront purchase cost.
The share price closed at $6.83 on Tuesday, following a run of daily losses. So far this week, it has dropped 18.3% and it's down 7.83% over the past month. The company was listed on the ASX in late June 2025 and entered the ASX 200 Index shortly after in late September.
Again, analysts are optimistic about the outlook for the ASX 200 gold producer. Macquarie analysts have a $10.50 target price on the shares, which represents a potential 57.7% increase for investors over the next 12 months, at the time of writing.
NextDC Limited (ASX: NXT)
NextDC shares finished the day in the red on Tuesday. At the time of writing on Tuesday evening, after the market closed, the shares were 0.12% lower and trading at $16.20 each.
Over the past 6 months, the data centre provider's shares have jumped 42.11% higher, although due to a two-year low in April, they're still down 1.76% for the year.
But analysts think there is still a long way for the stock to run. The company's prospects are strong thanks to its network-rich connectivity ecosystem that links over 750 IT service providers, cloud platforms, and network partners.
It's also benefiting from an explosion of demand for cloud computing, AI adoption, and general digital infrastructure needs, and the company has significant growth prospects.
Macquarie analysts are a big fan of the ASX 200 tech stock. They hold an outperform rating and $20.90 price target on its shares. This implies a potential upside of almost 30%.
According to TradingView data, some analysts are even more bullish. Out of 15 analysts, 13 have a buy or strong buy rating on the shares with a maximum target price of $28.66. That's a potential upside of a huge 76.91% at the time of writing.
