Wouldn’t it be great to own ASX shares that could deliver big returns over the next 12 months and potentially beyond? I’m going to highlight three businesses that experts are very positive about.
A price target tells investors where experts think the share price could go within the next year, and we’re going to look at three ASX shares where analysts have put price targets on businesses that suggest they could rise by at least 75%.
Let’s look at these different opportunities.
Autosports Group Ltd (ASX: ASG)
Autosports describes itself as Australia’s only ASX-listed specialist prestige and luxury vehicle retailer. It has more than 80 businesses across key metropolitan markets in Sydney, Melbourne, Canberra, Brisbane, Gold Coast, and Auckland.
It has new and used vehicle dealerships, motorcycle dealerships, and specialist collision repair facilities.
The business is growing strongly â in the first half of FY26, revenue grew 10.9% to $1.52 billion, normalised operating profit (EBITDA) rose 26.6% to $70.6 million, and normalised net profit before tax (NPBT) grew 74.9% to $35.3 million. In January 2026, new vehicle written orders were up 13% and service and parts revenue was up 11%.
In its FY26 half-year result, it said it was expecting further profit growth, partly because of operating leverage and the inclusion of earnings from recent acquisitions.
According to CMC Invest, there have been five buy ratings on the business, with an average price target of $4.78, suggesting a possible rise of around 100% over the next year.
Myer Holdings Ltd (ASX: MYR)
Myer is best known as a department store retailer and it also has a number of apparel brands, including Just Jeans, Jay Jays, Portmans, Dotti, Jacqui E, Sass & Bide, Marcs, and David Lawrence.
The ASX share’s FY26 half-year result included growth from the inclusion of acquired apparel brands into the business. Total sales grew 24.5% to $2.28 billion and underlying net profit after tax (NPAT) increased 21.7% to $51.7 million. But, ‘pro forma’ net profit declined 17% because of investments in strategic initiatives.
The Myer share price dropped more than 50% in the past year and it now looks cheap according to experts.
According to CMC Invest, there have been three recent ratings on the business, with two of those being a buy and one being a hold. The average price target is 53 cents, suggesting a possible rise of well over 80%.
It’s now priced at under 8x FY26’s estimated earnings, according to the forecast on CMC Invest.
Beacon Lighting Group Ltd (ASX: BLX)
The third ASX share that I’m going to cover is one of the leading lighting retailers in Australia with a large retail store network as well as having commercial customers and international sales.
The Beacon Lighting share price has dropped by around 50% in the past year, which makes it look a lot cheaper today.
According to CMC Invest, there have been six recent ratings on the business, with five of those being a buy. The average price target from those ratings was $3.06, suggesting a possible rise of around 80% from where it is today.
Using the forecast on CMC Invest, the Beacon Lighting share price is valued at 13x FY26’s estimated earnings.
The post 3 ASX shares tipped to grow 75% or more in the next 12 month! appeared first on The Motley Fool Australia.
Should you invest $1,000 in Autosports Group Ltd right now?
Before you buy Autosports Group Ltd shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Autosports Group Ltd wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
* Returns as of 20 Feb 2026
.custom-cta-button p {
margin-bottom: 0 !important;
}
More reading
- 2 ASX small-cap shares to buy with big potential for returns
- 21 ASX shares going ex-dividend over the school holidays
- These 3 dirt-cheap ASX shares are tipped to climb another 50-90%
- Which ASX retail stock could soar more than 100% if this broker is right?
- Why DroneShield, Guzman Y Gomez, IAG, and Myer shares are falling today
Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Myer. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.