Stock Analysis

Esker And 2 Other High Growth Tech Stocks To Watch

Published

As global markets experience broad-based gains with smaller-cap indexes outperforming large-caps, investors are closely monitoring economic indicators like the recent drop in U.S. jobless claims and stabilizing mortgage rates, which have contributed to positive sentiment. In this environment of cautious optimism, identifying high growth tech stocks such as Esker can be particularly appealing for those looking at companies with strong fundamentals and innovative potential that align well with current market dynamics.

Top 10 High Growth Tech Companies

NameRevenue GrowthEarnings GrowthGrowth Rating
Material Group20.45%24.01%★★★★★★
Yggdrazil Group24.66%85.53%★★★★★★
Seojin SystemLtd32.56%43.21%★★★★★★
eWeLLLtd27.24%28.74%★★★★★★
Waystream Holding22.16%113.25%★★★★★★
Pharma Mar25.97%56.89%★★★★★★
JNTC20.52%57.26%★★★★★★
Mental Health TechnologiesLtd27.88%79.61%★★★★★★
Elliptic Laboratories65.73%103.55%★★★★★★
UTI114.97%134.60%★★★★★★

Click here to see the full list of 1295 stocks from our High Growth Tech and AI Stocks screener.

Let's review some notable picks from our screened stocks.

Esker (ENXTPA:ALESK)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Esker SA operates a cloud platform catering to finance, procurement, and customer service professionals across various regions including France, Germany, the UK, Southern Europe, Australia, Asia, and the Americas with a market cap of approximately €1.55 billion.

Operations: The company's primary revenue stream is from its Software & Programming segment, generating approximately €203.05 million.

Esker's recent performance and strategic maneuvers position it intriguingly in the tech landscape, especially considering its 17% revenue growth to EUR 51.0 million in Q3 2024. This growth is complemented by a robust R&D commitment, essential for sustaining innovation and competitive edge in software solutions. Notably, Esker's forecasted earnings are expected to surge by 26.7% annually, outpacing the French market's average. Moreover, the proposed acquisition by General Atlantic and Bridgepoint could reshape its operational structure and market approach, potentially enhancing its long-term value creation capabilities amidst aggressive global competition.

ENXTPA:ALESK Earnings and Revenue Growth as at Nov 2024

Shochiku (TSE:9601)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Shochiku Co., Ltd. operates in the audio and video, theatre, and real estate sectors both in Japan and internationally, with a market capitalization of ¥145 billion.

Operations: Shochiku Co., Ltd. generates revenue through its diverse operations in the audio and video, theatre, and real estate sectors across Japan and internationally. The company's financial performance is influenced by these core segments, with particular attention to trends in net profit margin over time.

Shochiku's trajectory in the tech sector reflects a nuanced balance of challenges and potential, underscored by its 5.5% annual revenue growth which, while modest, surpasses Japan's market average of 4.1%. The company's commitment to innovation is evident from its R&D spending aimed at catalyzing future growth, particularly as earnings are projected to skyrocket by 82.2% annually. Despite current unprofitability and a financial structure where debt isn't well-covered by operating cash flow, Shochiku is poised for profitability within three years, suggesting a strategic pivot that could reshape its market stance amidst intense competition.

TSE:9601 Earnings and Revenue Growth as at Nov 2024

Stemmer Imaging (XTRA:S9I)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Stemmer Imaging AG specializes in providing machine vision technology for various applications globally and has a market capitalization of €344.50 million.

Operations: Stemmer Imaging AG generates revenue primarily from its machine vision technology segment, amounting to €113.27 million. The company operates globally, offering solutions for both industrial and non-industrial applications.

Stemmer Imaging's recent trajectory underscores its dynamic role in the tech sector, particularly highlighted by a notable 11.3% revenue growth forecast, outpacing Germany's average. Despite a challenging past with earnings declining by 54.7%, future prospects seem robust with an anticipated earnings growth of 37.2% annually, signaling potential recovery and profitability. The firm is also deepening its commitment to innovation, allocating significant funds towards R&D which could catalyze further advancements and competitiveness in its field. This strategic focus on development is critical as it navigates through recent market activities including a takeover offer that promises substantial restructuring and potential delisting, aiming for privatization which might reshape its operational framework and market approach.

XTRA:S9I Earnings and Revenue Growth as at Nov 2024

Key Takeaways

  • Reveal the 1295 hidden gems among our High Growth Tech and AI Stocks screener with a single click here.
  • Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
  • Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Searching for a Fresh Perspective?

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.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

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