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Top brokers name 3 ASX shares to buy next week

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It was another busy week for Australia’s top brokers. This has led to the release of a number of broker notes.

Three broker buy ratings that you might want to know more about are summarised below. Here’s why brokers think these ASX shares are in the buy zone:

Catapult Sports Ltd (ASX: CAT)

According to a note out of Bell Potter, its analysts have retained their buy rating on this sports technology company’s shares with a trimmed price target of $4.85. Catapult has been named by Bell Potter as one of its preferred tech stocks in the mid cap space. This is partly due to its strong position in a pro sports technology market, which was valued at US$36 billion in 2025 and is forecast to double to US$72 billion by 2030. In addition, the broker doesn’t believe that artificial intelligence (AI) is going to disrupt its business and believes that its shares could rally strongly when the tech sector rebounds, especially given the lack of other good quality tech stocks in the mid cap space. The Catapult share price ended the week at $3.99.

Life360 Inc (ASX: 360)

Another note out of Bell Potter reveals that its analysts have retained their buy rating on this family safety technology company’s shares with a trimmed price target of $40.00. Bell Potter was impressed with Life360’s performance in FY 2025, highlighting that its results were ahead of forecasts. In addition, the broker was pleased with Life360’s guidance for FY 2026, highlighting that it was in line with both the broker’s and consensus estimates. In light of this and the significant share price weakness recently, Bell Potter sees now as a good time for investors to pick up shares in this rapidly growing company. The Life360 share price was fetching $21.87 at Friday’s close.

Light & Wonder Inc. (ASX: LNW)

Analysts at Morgans have upgraded this gaming technology company’s shares to a buy rating with a trimmed price target of $195.00. According to the note, Light & Wonder’s full-year results were in line with expectations. Morgans notes that this was driven by strong Gaming and iGaming performances, which offset continued softness in SciPlay. Another positive was management’s articulation of AI as both an offensive growth lever and a defensive moat. Morgans believes AI will enhance Light & Wonder’s competitive edge rather than erode it. As a result, it views the recent share price weakness as disconnected from the durability of its land-based earnings base. And with an undemanding valuation, it thinks investors should be buying shares. The Light & Wonder share price ended the week at $129.97.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Life360. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Catapult Sports, Life360, and Light & Wonder Inc. The Motley Fool Australia has positions in and has recommended Catapult Sports and Life360. The Motley Fool Australia has recommended Light & Wonder Inc. 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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