Fortunately for growth investors, they have a lot of options to choose from on the Australian share market.
But which ASX growth shares could be buys in 2025? Let's take a look at four that brokers are currently tipping as buys. They are as follows:
The first ASX growth share that could be a buy according to analysts is Aristocrat Leisure. It is one of the world's leading gaming technology companies with a portfolio of poker machines, digital games, and a fledgling real money gaming business.
The team at Citi is very positive on Aristocrat Leisure. So much so, the broker recently put a buy rating and $74.00 price target on its shares.
Another ASX growth share that could be a buy in 2025 is Lovisa. It is a fashion jewellery retailer with a rapidly growing global network. Morgans is positive on the company. And while the broker acknowledges that Lovisa's "comparable store sales growth should have been better in FY24, it has continued to deliver and will, in our opinion, continue to do so in the years ahead." So much so, the broker feels that Lovisa is on a "journey to becoming a truly global brand."
Morgans has an add rating and $36.00 price target on its shares.
Another ASX growth share that could be a buy is Temple & Webster. It is Australia's leading online furniture and homewares retailer with over 200,00 products on sale from over 500 suppliers. This includes direct sourcing capabilities through a private label division.
Temple & Webster has been growing strongly in recent years thanks to the structural shift online. But with this shift still in its early stages in this category compared to other Western markets, the future looks bright for the company.
Macquarie is a fan of Temple & Webster and has an outperform rating and $13.55 price target on its shares.
A final ASX growth share that could be a buy is Xero. It is a cloud accounting platform provider that has an estimated market opportunity of over 100 million small to medium sized businesses globally. This compares to its current subscriber base of approximately 4.2 million.
Goldman Sachs believes this provides Xero with a multi-decade growth runway. In light of this, its analysts have put a buy rating and $201.00 price target on its shares.
The post 4 of the best ASX growth shares to buy now appeared first on The Motley Fool Australia.
Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in Lovisa, Temple & Webster Group, and Xero. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group, Lovisa, Macquarie Group, Temple & Webster Group, and Xero. The Motley Fool Australia has positions in and has recommended Macquarie Group and Xero. The Motley Fool Australia has recommended Lovisa and Temple & Webster Group. 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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