The ASX share market is a wonderful hunting ground to find investments that could deliver great long-term returns.
No-one knows what share prices are going to do, but analysts can estimate (with a price target) whether an investment is undervalued or not, based on its earnings multiple, its expected profit growth and its balance sheet.
We're going to look at two names that experts believe could rise more than 50% based on the price targets.
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Zip Co Ltd (ASX: ZIP)
Zip is a sizeable buy now, pay later business. It operates two core markets – Australia and New Zealand (ANZ) and the US. The ASX share says that it offers access to point-of-sale credit and digital payment services.
The business also says that it provides "fair, flexible and transparent payment options, helping customers to take control of their financial future and helping merchants to grow their businesses."
According to CMC Invest, there have been five recent analyst ratings on the ASX share, with all of those being a buy. That's unanimous positivity for the company.
A price target is where analysts think the share price will be in 12 months from the time of their rating.
The average price target on Zip shares of those five analysts is $3.38. At the time of writing, that implies a possible rise of 53%.
Even the lowest price target of $2.60 suggests a solid double-digit return within the next year of 18%.
The company's key growth market of the US continues to grow strongly. In April 2026, its US total transaction value (TTV) grew by 40% in US dollar terms. Zip is expecting FY26 US TTV to grow by more than 40%. If it can maintain or grow its profit margins as it scales, it's seemingly on track for a positive future.
Temple & Webster Group Ltd (ASX: TPW)
Temple & Webster is a leading online retailer of homewares, furniture and home improvement products.
The business sells hundreds of thousands of products across a variety of categories, with most of those items shipped directly by suppliers, which helps keep the business model capital-light and allows it to sell a wider range of products.
According to CMC Invest, there have been ten recent ratings on the ASX share, with six of those being a buy, three being a hold, and one being a sell.
The average price target on Temple & Webster is $8.32. At the time of writing, that implies a possible rise of 65% over the next year.
But, not every analyst is optimistic. The lowest price target is $4, which implies it could decline a further 20% from where it is at the time of writing.
The latest update from the business was released earlier this month which showed the business expects to grow FY26 revenue by between 11% to 12% to between $665 million to $675 million.
Temple & Webster expects its operating profit (EBITDA) to approximately double in FY27 as it invests in its private label and exclusive products, better and faster delivery options, and potential acquisitions in areas such as home improvement, business-to-business (B2B) and international.
