High Growth Tech Stocks To Watch In Switzerland October 2024

The Swiss market recently experienced a slight decline, with the SMI index closing down by 0.13% amid mixed economic signals, such as an increase in unemployment rates countered by positive U.S. jobs data. In this environment, identifying high growth tech stocks requires focusing on companies that demonstrate resilience and adaptability to navigate fluctuating market conditions effectively.

Top 10 High Growth Tech Companies In Switzerland

Name	Revenue Growth	Earnings Growth	Growth Rating
LEM Holding	8.69%	18.43%	★★★★☆☆
Santhera Pharmaceuticals Holding	24.55%	35.40%	★★★★★★
ALSO Holding	12.69%	24.49%	★★★★☆☆
SoftwareONE Holding	8.59%	52.33%	★★★★★☆
Comet Holding	19.66%	47.84%	★★★★★☆
Cicor Technologies	7.10%	27.73%	★★★★☆☆
Addex Therapeutics	26.51%	33.31%	★★★★★☆
Basilea Pharmaceutica	9.24%	34.42%	★★★★★☆
MCH Group	4.41%	100.62%	★★★★☆☆
Sensirion Holding	13.86%	102.68%	★★★★☆☆

Click here to see the full list of 12 stocks from our SIX Swiss Exchange High Growth Tech and AI Stocks screener.

Let's dive into some prime choices out of from the screener.

Basilea Pharmaceutica (SWX:BSLN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Basilea Pharmaceutica AG is a commercial-stage biopharmaceutical company that develops products for oncology and anti-infective therapeutic areas, with a market cap of CHF542.42 million.

Operations: The company generates revenue primarily from the discovery, development, and commercialization of innovative pharmaceutical products, totaling CHF149.02 million. Its focus is on addressing medical needs in oncology and anti-infective therapeutic areas.

Despite currently being unprofitable, Basilea Pharmaceutica AG is on a trajectory to reverse this trend, with earnings forecasted to grow by 34.4% annually. This growth expectation is bolstered by the company’s recent upward revision of its financial guidance for 2024, projecting revenues of CHF 203 million and a net profit of CHF 60 million—an optimistic adjustment from earlier figures. Moreover, the extension of market exclusivity for its antifungal Cresemba® in Europe not only underscores Basilea's strategic regulatory successes but also promises sustained revenue streams well into 2027. These developments reflect a robust alignment with industry trends towards securing longer-term revenue through extended drug exclusivity periods, positioning Basilea to capitalize on these advantageous market dynamics effectively.

• Click to explore a detailed breakdown of our findings in Basilea Pharmaceutica's health report.

• Examine Basilea Pharmaceutica's past performance report to understand how it has performed in the past.

Sensirion Holding (SWX:SENS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Sensirion Holding AG is a company that develops, produces, sells, and services sensor systems, modules, and components globally with a market capitalization of CHF1.13 billion.

Operations: The company generates revenue primarily from its sensor systems, modules, and components segment, amounting to CHF237.91 million.

Despite Sensirion Holding's current unprofitability, its projected revenue growth at 13.9% annually outpaces the Swiss market's average of 4.3%, reflecting a robust potential in a challenging electronic industry environment. This optimism is further supported by an anticipated earnings surge of 102.7% per year, positioning the company to potentially shift from losses to profitability within three years. Sensirion's commitment to innovation is evident in its R&D spending, which remains substantial as it seeks to capitalize on emerging tech trends and secure a competitive edge in high-precision sensor technology—a critical component across various high-tech applications.

• Click here and access our complete health analysis report to understand the dynamics of Sensirion Holding.

• Review our historical performance report to gain insights into Sensirion Holding's's past performance.

Temenos (SWX:TEMN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Temenos AG develops, markets, and sells integrated banking software systems to financial institutions globally, with a market cap of CHF4.32 billion.

Operations: The company generates revenue primarily through its Product segment, contributing $879.99 million, and its Services segment, adding $132.98 million.

Amidst a competitive tech landscape, Temenos stands out with its strategic focus on SaaS models and recent executive enhancements aimed at bolstering its U.S. market presence. The company's commitment to innovation is underscored by a significant R&D expenditure, aligning with its revenue growth of 7.6% per year, slightly above the Swiss market average of 4.3%. Additionally, Temenos has demonstrated robust earnings growth at 14.4% annually and recently completed a share buyback worth CHF 200 million, reflecting strong financial stewardship and confidence in its operational strategy. These efforts are complemented by potential shifts towards more lucrative segments, evidenced by the contemplation of selling its fund management unit for EUR 600 million, which could further streamline operations and enhance shareholder value.

• Click here to discover the nuances of Temenos with our detailed analytical health report.

• Learn about Temenos' historical performance.

Taking Advantage

• Get an in-depth perspective on all 12 SIX Swiss Exchange High Growth Tech and AI Stocks by using our screener here.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
• Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.

Ready For A Different Approach?

• 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.

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