The United States market has remained flat over the last week, though it has experienced a 5.7% rise over the past 12 months, with earnings forecasted to grow by 13% annually. In this context of steady growth and positive earnings projections, identifying high growth tech stocks can be crucial for investors seeking to capitalize on emerging opportunities within this dynamic sector.
Name | Revenue Growth | Earnings Growth | Growth Rating |
---|---|---|---|
Super Micro Computer | 20.29% | 29.79% | ★★★★★★ |
Arcutis Biotherapeutics | 25.76% | 58.17% | ★★★★★★ |
TG Therapeutics | 26.03% | 37.60% | ★★★★★★ |
Alkami Technology | 20.46% | 85.16% | ★★★★★★ |
Travere Therapeutics | 28.65% | 66.06% | ★★★★★★ |
Alnylam Pharmaceuticals | 22.72% | 58.79% | ★★★★★★ |
TKO Group Holdings | 22.48% | 25.17% | ★★★★★★ |
AVITA Medical | 27.81% | 55.17% | ★★★★★★ |
Lumentum Holdings | 21.35% | 120.49% | ★★★★★★ |
Ascendis Pharma | 32.85% | 59.73% | ★★★★★★ |
Click here to see the full list of 233 stocks from our US High Growth Tech and AI Stocks screener.
Let's dive into some prime choices out of from the screener.
Simply Wall St Growth Rating: ★★★★★☆
Overview: Atlassian Corporation, with a market cap of $53.79 billion, designs, develops, licenses, and maintains various software products worldwide through its subsidiaries.
Operations: The company generates revenue primarily from its software and programming segment, amounting to $4.79 billion. The business focuses on designing, developing, and licensing software products globally through its subsidiaries.
Atlassian, amidst a challenging landscape, showcases resilience and potential for growth. With an expected revenue increase of 15.3% per year, outpacing the US market's 8.2%, the company is navigating its path towards profitability within three years. Recent strategic board changes, including appointing Karen Dykstra with her robust financial expertise from VMware, signal a strengthening of governance as Atlassian advances in software innovation. The firm's commitment to R&D is evident with substantial investments aimed at fostering cutting-edge solutions in a competitive tech arena. Despite current unprofitability, these moves could position Atlassian favorably in a rapidly evolving industry.
Assess Atlassian's past performance with our detailed historical performance reports.
Simply Wall St Growth Rating: ★★★★★☆
Overview: Take-Two Interactive Software, Inc. is a global developer, publisher, and marketer of interactive entertainment solutions with a market cap of $37.31 billion.
Operations: The company generates revenue primarily through its publishing segment, which accounts for $5.45 billion.
Take-Two Interactive Software, despite recent financial challenges, is positioning itself for recovery and growth. The company's commitment to innovation is underscored by its significant R&D spending, which remains a cornerstone of its strategy to enhance game development. With a revenue forecast growing at 13.4% annually, Take-Two is outpacing the broader US market's growth rate of 8.2%. Recent partnerships, like the one with Butterfinger for the Borderlands 4 launch, exemplify strategic marketing moves that could bolster consumer engagement and sales. Additionally, the expected turnaround to profitability within three years reflects an optimistic outlook bolstered by an annual earnings growth projection of 83.2%. These elements suggest that while facing short-term hurdles, Take-Two has laid a robust foundation for future success in the dynamic gaming sector.
Learn about Take-Two Interactive Software's historical performance.
Simply Wall St Growth Rating: ★★★★★☆
Overview: HubSpot, Inc. offers a cloud-based customer relationship management (CRM) platform for businesses across the Americas, Europe, and the Asia Pacific with a market capitalization of $28.37 billion.
Operations: The company generates revenue primarily from its Internet Software & Services segment, amounting to $2.63 billion.
HubSpot, amidst evolving market dynamics, demonstrates robust growth and innovation. With a significant turnaround in its financial performance, the company reported a surge in annual revenue to $2.63 billion from $2.17 billion and transitioned from a net loss to a net income of $4.63 million last year. This financial rebound is complemented by strategic partnerships like the expanded collaboration with HeyGen, integrating AI-driven video capabilities into HubSpot’s CRM platform—a move that enhances customer engagement through personalized content. Moreover, the firm's R&D commitment is evident as it continues to innovate within the CRM sector, ensuring it remains at the forefront of technological advancements and customer satisfaction trends.
Evaluate HubSpot's historical performance by accessing our past performance report.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include NasdaqGS:TEAM NasdaqGS:TTWO and NYSE:HUBS.
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