3 buy-rated ASX growth shares tipped to rise 30%+

Investors on the hunt for big returns might want to turn their attention to the ASX growth shares in this article.

That’s because analysts have recently named them as buys and tipped them to rise 30% or more. Here’s what they are recommending:

Breville Group Ltd (ASX: BRG)

The first ASX growth share to look at is Breville.

It has spent years building a premium global appliances business. Its products enjoy strong positions in categories such as coffee machines, food preparation, cooking, and kitchen appliances.

The company has a large opportunity with its international expansion, particularly in markets where premium home cooking and coffee products still have plenty of room to grow.

But that does not make it immune from consumer weakness. Shoppers can delay bigger discretionary purchases when household budgets are tight. But Breville’s brand strength and offshore growth runway mean it could still have plenty of long-term potential.

Last week, the team at Citi put a buy rating and $39.85 price target on Breville shares. This implies potential upside of approximately 33%.

Life360 Inc (ASX: 360)

Another ASX growth share that brokers are bullish on is Life360.

This location technology and family safety company has been growing its revenue and earnings at a rapid rate for many years.

This has been driven by strong growth in monthly active users (MAUs), which currently sits just short of 100 million. But Life360 isn’t settling for that. Management is guiding to 17% to 20% growth in MAUs in 2026.

This bodes well for the future as it gives it a larger pool to convert into paid subscriptions and to monetise with its advertising business.

Life360 still needs to execute carefully. A business handling location data must maintain trust, and investors will keep watching margins and customer growth closely.

But its combination of global scale, subscription revenue, and a clear consumer use case makes it one of the more exciting growth stories on the ASX.

Bell Potter recently put a buy rating and $33.00 price target on Life360 shares. This suggests potential upside of approximately 55%.

WiseTech Global Ltd (ASX: WTC)

A third ASX growth share to consider buying is WiseTech.

It provides software for the global logistics industry with its leading CargoWise platform, which helps freight forwarders and logistics companies manage complex international shipments, compliance, documentation, customs, and supply chain workflows.

This is not a glamorous market, but it is an enormous one. Global trade is complicated, and logistics companies need software that can handle scale, regulation, and cross-border movement efficiently.

WiseTech’s advantage is that it is solving deeply technical problems for customers that rely on its systems to operate. That can make the platform sticky once embedded.

Bell Potter put a buy rating and $71.75 price target on WiseTech shares this week. This implies potential upside of approximately 94%.

The post 3 buy-rated ASX growth shares tipped to rise 30%+ appeared first on The Motley Fool Australia.

More reading

• The ASX shares I’d pick in a FIFA World Cup first eleven
• ASX 200 slips as oil shock puts investors on edge
• 8 ASX 200 shares with renewed buy ratings this week
• 2 ASX tech shares I’d buy that aren’t Xero or WiseTech
• Why WiseTech Global shares could rise 90% in a year

Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor James Mickleboro has positions in Life360 and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360 and WiseTech Global. The Motley Fool Australia has positions in and has recommended Life360 and WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.