I think 2 FTSE 250 growth stocks could explode in 2025!

I’m looking for the best FTSE250 growth stocks to buy today. Games Workshop (LSE:GAW) and Greggs (LSE:GRG) are at the top of my buy list.

Here’s why I think their stock prices could skyrocket in 2025.

Games Workshop

Games Workshop is not set for spectacular profit growth in the 2025 financial year. City analysts expect net profit to grow by just 2% year-on-year in the 12 months to May.

But make no mistake, this will still be an impressive result, given last year’s record profit. In my view, it is still one of the hottest growth stocks in the FTSE 250 and I think it could eventually secure a place in the FTSE 100.

Breaking News on Games Workshop’s Film and TV Content Partnership Amazon could significantly increase its share next year. Since December, the company has been working with the streaming giant to adapt its fantasy worlds for the screen, a strategy that could boost product sales and royalties to new heights.

As you can see, the company has significantly increased its annual profits between fiscal 2014 and 2023. Last year, they rose by an impressive 12% to 458.2 pence per share, helped by a new hit Warhammer 40,000 product releases.

The company plans to open even more stores in North America and Europe to keep profits growing.

The Games Workshop share price is up 6% so far in 2024. I expect even stronger gains next year, although the solid price-to-earnings (P/E) ratio of 22.3 may be a drag on results. It could actually push the price lower if trading conditions worsen, which they could.

Still, all things considered, the future looks promising for the hobby giant next year.

Greggs

Baking giant Greggs hasn’t had the same consistent profit growth as Games Workshop. Indeed, profits have been hit during the pandemic as the company has been forced to close stores during lockdowns.

However, Covid-19 crisis aside, FTSE 250 shares have largely generated solid profit growth during this period, as the chart below shows.

Profits were driven by a significant increase in the number of stores operated by Greggs. And with store openings continuing at a healthy pace, City analysts expect profits to rise by a further 7% this year, before accelerating to 10% in 2025.

The baker now sells his treats in just over 2,500 stores. That’s 52% more than a decade ago, and Greggs isn’t done yet. He hopes to eventually have 3,500 stores in operation.

Encouragingly, the company is also investing heavily in its online channel to ensure continued growth. And it is working to open two new manufacturing facilities in the next few years to increase capacity. Of course, there are execution risks that could hamper the company’s ambitious growth strategy.

The Greggs share price has risen an impressive 19.6% since the start of 2024. I expect further strong results in 2025.