2 unstoppable ASX growth shares to buy and hold

These shares are positioned for strong growth over the next decade according to analysts.

Key points
  • Life360's transformation into a comprehensive digital safety platform with a growing subscription-driven model capitalises on its massive user base, enabling expansion into adjacent services and international markets, making it a compelling ASX growth share.
  • NextDC stands out as a key infrastructure provider for the digital economy, benefiting from surging demand for data centre capacity driven by cloud computing and AI, with strategic expansions and deals like the one with OpenAI boosting its growth outlook.
  • Both Life360 and NextDC are anticipated as strong long-term investment options, with analysts expressing confidence in their potential through bullish ratings and optimistic price targets, cementing their positions as unstoppable ASX growth shares.

Genuine long-term wealth rarely comes from trading in and out of whatever is popular.

Instead, it often comes from owning a handful of elite businesses, the sort that keep expanding their markets, improving their earnings power, and strengthening their competitive edge year after year.

On the ASX, several ASX growth shares fit that description, but two in particular stand out as long-term compounders with momentum firmly behind them.

Here are a couple of unstoppable ASX growth shares to buy and hold for years.

A woman crosses her hands in front of her body in a defensive stance indicating a trading halt.

Image source: Getty Images

Life360 Inc (ASX: 360)

Life360 has transformed from a family-tracking app into a full-scale digital safety platform with growing subscription muscle. What makes the company so unstoppable isn't just its massive user base, it is the rate at which that base is evolving.

Recent updates show explosive momentum. It reported accelerating subscriber growth, rising average revenue per user (ARPU), strong cash generation, and global monthly active users approaching the 100-million mark. This scale gives Life360 significant optionality.

With a platform that already lives on the smartphones of tens of millions of families, Life360 can expand into adjacent categories such as home security, insurance partnerships, vehicle telematics, and commerce integrations. Very few consumer apps enjoy this type of engagement or monetisation leverage.

And because Life360's model is subscription-driven, revenue compounds each year even without massive user growth. Add the potential benefits of international expansion and its advertising business, and it is clear why many analysts view it as one of the ASX's emerging global leaders.

Morgan Stanley recently put an overweight rating and $58.50 price target on its shares.

NextDC Ltd (ASX: NXT)

Another ASX growth share that could be a top buy and hold option is NextDC. It provides the physical backbone the digital economy runs on.

Demand for data centre capacity has surged with the rise of cloud computing, streaming, ecommerce, and especially artificial intelligence. Every AI model, every cloud migration, and every tech platform relies on compute and storage, which NextDC delivers through some of the most advanced, energy-efficient data centres in the region.

What makes NextDC unstoppable isn't just industry tailwinds, it is the company's aggressive build-out strategy. Major new facilities are coming online across key markets, and each one typically ramps up utilisation over many years, driving recurring revenue higher without proportionate increases in cost.

An example of this is the deal it has just signed with ChatGPT's owner, OpenAI. The two parties are looking at building the largest data centre in the southern hemisphere, with OpenAI as its anchor tenant.

Combined with the rest of its development pipeline across Australia and the Asia-Pacific region, this leaves NextDC well-placed for growth over the next decade and beyond.

Morgans is bullish on the company and recently upgraded its shares to a buy rating with a $19.00 price target.

Motley Fool contributor James Mickleboro has positions in Life360 and Nextdc. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Life360. The Motley Fool Australia has positions in and has recommended Life360. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Growth Shares

Rocket going up above mountains, symbolising a record high.
Growth Shares

2 ASX shares tipped to grow 100% or more in the next 12 months

These two stocks could deliver massive returns.

Read more »

Smiling woman pointing at rising graph.
Growth Shares

2 strong Australian stocks to buy now with $9,000

These stocks look like top buys to me right now.

Read more »

Wooden house and golden coins on balancing scale.
Growth Shares

Is the REA Group share price a strong contrarian buy?

Is this a good time to invest in the property portal business?

Read more »

Ascending piles of coins and plants in three jars, with a hand putting a coin in the first jar.
Growth Shares

A rare buying opportunity in 1 of Australia's top shares?

This stock is an ASX leader and it looks like one of Australia’s top shares.

Read more »

Two smiling colleagues looking at a tablet in a data centre.
Growth Shares

Will Goodman shares reach $30 in 2027?

I look at the earnings forecasts to see how realistic a move back to this level could be.

Read more »

Two brokers analysing the share price with the woman pointing at the screen and man talking on a phone.
Growth Shares

2 ASX shares highly recommended to buy: Experts

These businesses could be undervalued and deliver good returns.

Read more »

Woman pointing to a hologram of a world map with finance graphs and related themes.
Growth Shares

Down over 50%: 2 ASX shares to buy for global growth

Both companies are building global momentum. Patient investors should watch.

Read more »

Hand putting coins in a glass jar that says retirement, with a retro alarm clock on the other side, and piles of increasing coins in the middle.
Growth Shares

2 top ASX shares to buy and hold for the next decade

I think these ASX shares have a great future!

Read more »