3 exciting ASX growth shares to buy now

Brokers are bullish on these shares. Let's see what they are recommending.

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When markets turn volatile, growth shares can be the first to feel the pressure.

But short-term weakness does not always change the long-term opportunity. In fact, periods of uncertainty can create attractive entry points for investors willing to think in years rather than months.

With that in mind, here are three exciting ASX growth shares that could be worth considering right now.

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Image source: Getty Images

Life360 Inc. (ASX: 360)

The first ASX growth share to consider is Life360.

Life360 operates a location-based platform focused on family safety and connectivity. While it began as a simple location-sharing app, it has evolved into a broader ecosystem offering premium subscriptions, emergency assistance, and driving insights.

What makes Life360 compelling is the combination of scale and monetisation potential. The company has almost 100 million active users globally, yet only a portion are paying subscribers. As premium adoption increases and new features are rolled out, revenue per user can grow without the company needing to acquire entirely new audiences. It is also aiming to monetise non-paying users through its advertising business.

Bell Potter is bullish on Life360's outlook and recently put a buy rating and $41.50 price target on its shares.

Lovisa Holdings Ltd (ASX: LOV)

Another ASX growth share to consider buying is Lovisa.

It is a global fashion jewellery retailer with a fast-growing store network. The company has expanded aggressively into North America and Europe, taking its vertically integrated model into new markets.

Its success comes down to execution. Lovisa controls its product design, sourcing, and distribution, allowing it to move quickly on trends and maintain healthy margins.

With more than a thousand stores already and significant room for further rollout globally, the runway for expansion remains long. If store growth continues and like-for-like sales remain solid, Lovisa's earnings could scale meaningfully over time.

One top broker that is bullish is Morgans. It has a buy rating and $36.80 price target on its shares.

NextDC Ltd (ASX: NXT)

A final ASX growth share worth a look is NextDC. It is one of the Asia-Pacific region's leading data centre operators.

As cloud computing, artificial intelligence, and digital transformation accelerate, demand for secure, scalable data centre capacity continues to rise.

Importantly, NextDC is not just renting space. It provides critical infrastructure including power, connectivity, and security for hyperscale cloud providers and enterprise customers.

This leaves the company well-positioned for growth over the next decade and beyond, which is partly the reason why Morgans currently rates NextDC shares as a buy with a $19.00 price target.

Motley Fool contributor James Mickleboro has positions in Life360, Lovisa, and Nextdc. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Life360 and Lovisa. The Motley Fool Australia has positions in and has recommended Life360. The Motley Fool Australia has recommended Lovisa. 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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