High Growth Tech Stocks to Watch in US May 2025

Simply Wall St.
06 May

As the United States market navigates a mixed trading environment, with the S&P 500 and Dow Jones Industrial Average seeking to extend their winning streaks amidst investor anticipation of Federal Reserve decisions on interest rates, tech stocks remain a focal point for those eyeing high-growth opportunities. In such a dynamic landscape, identifying promising tech stocks involves considering factors like innovation potential and resilience in response to broader economic shifts, making it essential for investors to stay informed about key developments in this sector.

Top 10 High Growth Tech Companies In The United States

Name Revenue Growth Earnings Growth Growth Rating
Super Micro Computer 20.35% 34.10% ★★★★★★
Arcutis Biotherapeutics 26.11% 58.46% ★★★★★★
TG Therapeutics 26.06% 37.69% ★★★★★★
Ardelyx 20.63% 59.87% ★★★★★★
Travere Therapeutics 28.83% 64.97% ★★★★★★
Alnylam Pharmaceuticals 23.63% 60.96% ★★★★★★
Alkami Technology 22.46% 76.67% ★★★★★★
AVITA Medical 27.81% 55.17% ★★★★★★
Ascendis Pharma 35.05% 60.24% ★★★★★★
Lumentum Holdings 21.34% 120.49% ★★★★★★

Click here to see the full list of 230 stocks from our US High Growth Tech and AI Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Verra Mobility

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Verra Mobility Corporation offers smart mobility technology solutions across the United States, Australia, Europe, and Canada with a market capitalization of approximately $3.62 billion.

Operations: The company generates revenue primarily through its Commercial Services and Government Solutions segments, contributing approximately $407.68 million and $390.90 million, respectively. Parking Solutions add an additional $80.62 million to the revenue stream.

Verra Mobility, navigating through a challenging fiscal year with a net loss of $66.66 million in Q4 2024 from a prior net income, still managed to increase annual revenue to $879.21 million, up from $817.31 million. This resilience is underscored by their aggressive share repurchase strategy, buying back shares worth $177.03 million last year, reflecting confidence in their financial health despite recent hurdles. The partnership with Verizon Connect could further enhance Verra's fleet management solutions, tapping into a broader market and potentially boosting future revenues as projected between $925 million and $935 million for 2025. This strategic alignment along with an expected significant earnings growth of 44.9% annually positions Verra Mobility intriguingly within the tech landscape despite current volatility.

  • Delve into the full analysis health report here for a deeper understanding of Verra Mobility.
  • Understand Verra Mobility's track record by examining our Past report.

NasdaqCM:VRRM Revenue and Expenses Breakdown as at May 2025

Alkami Technology

Simply Wall St Growth Rating: ★★★★★★

Overview: Alkami Technology, Inc. offers cloud-based digital banking solutions in the United States and has a market cap of approximately $2.78 billion.

Operations: Alkami Technology focuses on providing cloud-based digital banking solutions, generating revenue primarily from its Internet Software & Services segment, which amounts to $355.56 million.

Alkami Technology, Inc. is demonstrating robust growth in the tech sector, with a notable 22.5% annual increase in revenue and an impressive projection of profitability within three years, signaling potential for sustained upward momentum. Despite current unprofitability, the company's strategic investments in R&D are poised to foster innovation and maintain competitive edge—evidenced by a substantial 76.67% forecasted annual earnings growth. Recent partnerships with NuMark Credit Union and Greenlight Financial Technology highlight Alkami's commitment to expanding its digital banking solutions and enhancing user experience, further solidifying its market position amidst rapid industry advancements.

  • Dive into the specifics of Alkami Technology here with our thorough health report.
  • Assess Alkami Technology's past performance with our detailed historical performance reports.

NasdaqGS:ALKT Earnings and Revenue Growth as at May 2025

Tuya

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Tuya Inc. operates in the Internet of Things (IoT) sector, providing products and services both in China and globally, with a market capitalization of approximately $1.44 billion.

Operations: The company focuses on the Internet Software & Services segment, generating $298.62 million in revenue.

Tuya has demonstrated a significant trajectory in the tech landscape, notably achieving profitability this year with a 54% forecasted annual earnings growth. This growth is underpinned by an aggressive R&D strategy, which not only fuels innovation but also aligns with its revenue growth at an impressive rate of 15.3% annually. At the recent TUYA Global Developer Summit, the company unveiled advanced AI + IoT integrations, showcasing its commitment to reshaping smart device interactions—a move that could set new industry standards and expand market reach. These developments suggest a robust framework for sustained advancement and market penetration in the evolving tech sector.

  • Unlock comprehensive insights into our analysis of Tuya stock in this health report.
  • Examine Tuya's past performance report to understand how it has performed in the past.

NYSE:TUYA Earnings and Revenue Growth as at May 2025

Where To Now?

  • Get an in-depth perspective on all 230 US High Growth Tech and AI Stocks by using our screener here.
  • Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
  • Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Looking For Alternative Opportunities?

  • Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
  • Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
  • Find companies with promising cash flow potential yet trading below their fair value.

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 NasdaqCM:VRRM NasdaqGS:ALKT and NYSE:TUYA.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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