3 High Growth Tech Stocks To Watch In The US Market

Over the last 7 days, the United States market has experienced a 1.7% drop, yet it remains up by 12% over the past year with earnings forecasted to grow by 14% annually. In this dynamic environment, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation and potential for substantial revenue expansion amidst these fluctuating conditions.

Top 10 High Growth Tech Companies In The United States

Name	Revenue Growth	Earnings Growth	Growth Rating
TG Therapeutics	26.19%	37.78%	★★★★★★
Alkami Technology	21.98%	85.17%	★★★★★★
Travere Therapeutics	28.43%	65.01%	★★★★★★
AVITA Medical	27.78%	55.33%	★★★★★★
Bitdeer Technologies Group	44.71%	127.60%	★★★★★★
Clene	61.16%	59.11%	★★★★★★
Alnylam Pharmaceuticals	22.90%	58.64%	★★★★★★
Blueprint Medicines	22.38%	55.75%	★★★★★★
Alvotech	31.17%	100.18%	★★★★★★
Lumentum Holdings	21.24%	119.37%	★★★★★★

Click here to see the full list of 236 stocks from our US High Growth Tech and AI Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Synopsys (NasdaqGS:SNPS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Synopsys, Inc. specializes in providing electronic design automation software products for designing and testing integrated circuits, with a market capitalization of approximately $69.72 billion.

Operations: Synopsys generates revenue primarily from two segments: Design IP, contributing $1.82 billion, and Design Automation, adding $4.26 billion. The company's focus is on electronic design automation software for integrated circuits.

Synopsys, a key player in the software and semiconductor industries, recently unveiled its Virtualizer Native Execution for Arm-based hardware, significantly enhancing software development for edge devices. This innovation promises faster prototype execution and integration into CI/CD pipelines, crucial for sectors like automotive and IoT. Despite a challenging year with a 6.8% dip in earnings growth, Synopsys maintains robust annual revenue growth at 11.9%, outpacing the US market's 8.4%. Additionally, its R&D commitment is evident from substantial investments that align with its strategic focus on high-performance computing advancements and AI-driven solutions. With recent fixed-income offerings raising over $2 billion, Synopsys is poised to leverage its financial flexibility to further fuel these technological advancements and market expansion.

• Take a closer look at Synopsys' potential here in our health report.

• Assess Synopsys' past performance with our detailed historical performance reports.

WEBTOON Entertainment (NasdaqGS:WBTN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: WEBTOON Entertainment Inc. operates a global storytelling platform and has a market cap of $1.20 billion.

Operations: The company generates revenue primarily from its motion pictures segment, amounting to $1.35 billion.

WEBTOON Entertainment, navigating through a challenging landscape with a net loss widening to $143.9 million from the previous year's $116.5 million, still shows promise with an annual revenue increase to $1.35 billion, up from $1.28 billion. The company's substantial R&D investment reflects its commitment to innovation despite current unprofitability, positioning it for potential future growth in the dynamic interactive media sector. Moreover, recent presentations at high-profile investor conferences suggest strategic efforts to bolster investor confidence and articulate long-term value propositions amidst ongoing financial volatility.

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

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

fuboTV (NYSE:FUBO)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: fuboTV Inc. operates a live TV streaming platform offering live sports, news, and entertainment content in the United States and internationally, with a market cap of approximately $1.09 billion.

Operations: fuboTV generates revenue primarily from its streaming services, which amounted to $1.62 billion. The company's focus on live sports, news, and entertainment content drives its business model.

Amidst a challenging financial landscape, fuboTV has demonstrated resilience by narrowing its net loss to $172.25 million from the previous year's $287.45 million, alongside a revenue increase to $1.62 billion from $1.37 billion in 2024. This growth is underpinned by strategic expansions like the launch of CHCH TV in Canada and Fubo Sports OTA across major U.S markets, enhancing its content diversity and accessibility. The company’s innovative approach in live streaming technology, including proprietary features like Instant Headlines and MultiView streaming, positions it uniquely within the competitive streaming sector despite current unprofitability and forecasted short-term revenue declines.

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

• Understand fuboTV's track record by examining our Past report.

Key Takeaways

• Explore the 236 names from our US High Growth Tech and AI Stocks 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.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Searching for a Fresh Perspective?

• 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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