Top 5 Growth Stocks to Watch Before 2026

ASX Growth stocks 2026

When it comes to building a resilient and high-performing portfolio, the focus should be on buy and hold stocks Australia investors can trust to deliver consistent growth over time. With market dynamics evolving and certain sectors gaining momentum, now is the ideal time to identify high potential ASX companies poised for success. Whether you are a beginner or a seasoned investor, these five companies are among the ASX growth stocks 2026 experts are watching closely.

Let’s dive into these top picks that combine strong revenue growth, innovative product pipelines, and solid management to make them some of the best shares 2026 has to offer.

1. Telix Pharmaceuticals Ltd (ASX: TLX)

Telix Pharmaceuticals is an innovative biotech company specializing in advanced imaging and therapeutic solutions for cancer diagnosis and treatment. As one of the high potential ASX companies in healthcare, Telix reported a remarkable $783.2 million in revenue for FY2024, marking a substantial year-on-year growth of 55.85%.

Their flagship product, Illuccix, is revolutionizing prostate cancer imaging and gaining rapid adoption across the US and Europe. Beyond this, Telix is actively developing therapies targeting kidney, brain, and pancreatic cancers. With cash reserves of around $710 million, the company has strong financial backing to fuel global expansion.

Why Telix?

For investors looking at stocks to watch in the ASX, Telix stands out as a biotech leader with a clear path to growth driven by innovative products and expanding global markets. The company’s momentum in both diagnostics and therapeutics positions it well among top performing ASX shares in healthcare.

2. PEXA Group Ltd (ASX: PXA)

PEXA has transformed the Australian property market by digitizing property settlements. This shift has created a critical infrastructure that simplifies real estate transactions, making PEXA an essential player in the sector.

The company’s growth is propelled by increasing demand for seamless digital property services and its expansion into the UK and European markets. Revenue streams are further diversified through services like PEXA Pay and PEXA Insights. Management’s international ambitions, especially in the UK, set the stage for long-term growth.

Why PEXA?

As the property sector embraces digital transformation, PEXA remains a vital player. For those scouting the best shares 2026, PEXA represents a tech-enabled company with sustainable growth potential, making it a solid candidate among ASX growth stocks 2026.

3. IDP Education Ltd (ASX: IEL)

IDP Education is a global powerhouse in student placement services and English language testing, known especially for the IELTS platform. In FY2024, IDP posted an impressive $1 billion in revenue, alongside paying a dividend of about 3%.

With the return of international student demand post-pandemic, IDP is well-positioned in key education hubs such as Australia, Canada, and the UK. The company is also innovating with digital IELTS testing and expanding its online student services, attracting a broader global audience.

Why IDP Education?

For investors focused on buy and hold stocks Australia, IDP offers a strong combination of brand strength, recurring revenue, and growth driven by a recovering global education market. It’s definitely one of the stocks to watch ASX for sustainable returns before 2026.

4. Iluka Resources Ltd (ASX: ILU)

Iluka Resources, primarily known for mineral sands, is increasingly expanding into the critical rare earths sector—key components for clean energy and advanced technologies. In FY2024, Iluka posted revenues of $1.17 billion, boosted by strong demand for zircon and rutile.

A major growth catalyst is Australia’s first fully integrated rare earths refinery in Western Australia, positioning Iluka to benefit from Western governments’ push for critical minerals independence. Consistent dividend payouts and positive cash flow from operations underscore its healthy financial status.

Why Iluka?

Mining will continue to play a vital role in global economic growth, especially with clean tech demand rising. Iluka is among the top performing ASX shares to watch in the resource sector, making it a prime candidate for investors focused on ASX growth stocks 2026.

5. Breville Group Ltd (ASX: BRG)

Breville Group is a household name in premium kitchen appliances, known globally for quality and innovation. The company reported $1.5 billion in revenue for FY2024, driven by strong sales growth in the US and European markets.

Breville also delivered $277.7 million in free cash flow and paid a dividend of $0.33 per share. New product launches, including smart ovens, coffee machines, and food processors, continue to fuel consumer interest and market expansion.

Why Breville?

With its strong brand presence and international growth strategy, Breville ranks among the best shares 2026 for investors seeking stable yet growing companies. It’s a top pick in the consumer discretionary sector and certainly a stock to watch closely.

Final Thoughts: Building Your Portfolio with Confidence

Selecting the right stocks today can set the stage for wealth creation in the coming years. The above five companies represent some of the most promising ASX growth stocks 2026 that combine innovation, strong financials, and growth catalysts across diverse sectors.

From biotech and digital property services to education, mining, and consumer appliances, these stocks cover a wide spectrum of opportunities. For investors looking for buy and hold stocks Australia can rely on, this list offers a solid starting point.

When you focus on high potential ASX companies like Telix, PEXA, IDP Education, Iluka Resources, and Breville, you’re aligning your portfolio with top performing ASX shares primed to deliver growth well into 2026 and beyond.

Disclaimer:

Pristine Gaze Pty Ltd trading as Pristine Gaze (ABN 66 680 815 678) and (ACN 680 815 678) is a Corporate Authorised Representative (CAR No. 001312049) of Alpha Securities Pty Ltd (AFSL 330757). The information provided is general information only. Any advice is general advice only. No consideration has been given or will be given to individual objectives, financial situation, or specific needs of any particular person or organisation. The decision to engage our services and the method selected is a personal decision and involves inherent risks, and you must undertake your own investigations and obtain independent advice regarding suitability for your circumstances. Past performance, examples, or projections are not indicative of future results. While we strive to provide accurate information, we make no guarantees regarding the accuracy or completeness of our materials. The website may also contain links to third-party websites or resources, for which Pristine Gaze is not responsible. All content and intellectual property on the Pristine Gaze website, including but not limited to text, graphics, logos, and images, are the property of Pristine Gaze and are protected by applicable copyright and trademark laws. By accessing or using the Pristine Gaze website, you acknowledge and agree to the terms of this disclaimer. Please read our Terms and Conditions, Privacy Policy and Financial Service Guide for further information. Please read our Terms and Conditions, Privacy Policy and Financial Service Guide for further information.

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