Here are 3 exciting small cap ASX shares analysts are tipping for big things

Looking for some small cap shares to buy? Then have a look at the three listed below.

Here’s why they could be worth considering:

Airtasker Ltd (ASX: ART)

The first small cap ASX share that has been tipped as a buy is Airtasker. It is Australia’s leading online marketplace for local services, connecting people and businesses who need work done with people who want to work. Since launching in 2012, Airtasker highlights that it has enabled more than $2 billion in working opportunities and served more than 1.3 million unique paying customers across the world. But the company is only getting started. It estimates that it has a total addressable market of $600 billion across Australia, the UK, and the US.

Morgans is a fan and sees huge upside for Airtasker’s shares. It currently has an add rating and $1.05 price target on them.

PlaySide Studios Limited (ASX: PLY)

Another small cap ASX share to look at is PlaySide Studios. It is one of the largest video game developers in Australia. It has a growing portfolio of its own titles and a number of work for hire deals with major publishers such as 2K Games and Activision Blizzard. The latter appears to demonstrate its growing reputation in the industry.

Ord Minnett currently has a speculative buy rating and 85 cents price target on its shares.

Serko Ltd (ASX: SKO)

A final small cap that could be a buy is online travel booking and expense management provider, Serko. It is the company behind the Zeno Travel and Zeno Expense platforms. The Zeno Travel platform provides AI-powered end-to-end travel itineraries, cost control, and travel policy compliance to corporate customers. Whereas the Zeno Expense platform allows businesses to automate and streamline their expense administration function, identify out-of-policy expense claims, and prevent fraud. The company also has a deal with travel giant Booking.com which is expected to drive significant growth in the coming years.

Citi is a fan of Serko and has a buy rating and $5.10 price target on the company’s shares.

The post Here are 3 exciting small cap ASX shares analysts are tipping for big things appeared first on The Motley Fool Australia.

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More reading

• 2 small cap ASX shares that analysts rate as buys
• How I’d invest $20,000 in ASX shares today if I had to start from scratch
• Airtasker share price slides 5% on net loss
• Why I think these 2 ASX shares are bargain buys
• 2 exciting small cap ASX shares that analysts rate as buys

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Serko Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Airtasker Limited. The Motley Fool Australia has recommended Serko Ltd. 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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