Exploring High Growth Tech Stocks In The United States January 2025

Over the last 7 days, the United States market has remained flat, yet it is up 25% over the past year with earnings forecasted to grow by 15% annually. In this context of steady growth and positive earnings outlook, identifying high growth tech stocks involves focusing on companies with innovative technologies and strong potential for future expansion.

Top 10 High Growth Tech Companies In The United States

Name	Revenue Growth	Earnings Growth	Growth Rating
Exelixis	64.06%	20.90%	★★★★★★
Super Micro Computer	24.13%	24.28%	★★★★★★
Ardelyx	21.46%	54.85%	★★★★★★
AVITA Medical	33.33%	51.81%	★★★★★★
Alkami Technology	21.99%	102.65%	★★★★★★
TG Therapeutics	29.87%	43.91%	★★★★★★
Clene	61.16%	59.11%	★★★★★★
Alnylam Pharmaceuticals	21.43%	56.40%	★★★★★★
Blueprint Medicines	23.25%	55.27%	★★★★★★
Travere Therapeutics	30.02%	61.89%	★★★★★★

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

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

Palantir Technologies (NasdaqGS:PLTR)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Palantir Technologies Inc. develops software platforms for intelligence and counterterrorism operations globally, with a market cap of approximately $157.73 billion.

Operations: Palantir Technologies Inc. generates revenue primarily through its Commercial and Government segments, with the latter contributing $1.44 billion. The company focuses on software solutions for intelligence and counterterrorism operations across various international markets.

Palantir Technologies has shown remarkable growth with a 223.5% increase in earnings over the past year, significantly outpacing the software industry's growth of 30.2%. This surge is supported by strategic expansions and partnerships, notably its extended collaboration with the U.S. Army, which now encompasses a broader range of data and AI capabilities across numerous operational domains. The firm's commitment to innovation is evident in its R&D spending trends, which have robustly supported its advanced software solutions like Vantage and Warp Speed for autonomous operations. These initiatives not only enhance Palantir's product offerings but also solidify its pivotal role in modernizing defense and security technologies through high-value contracts that promise sustained revenue streams and deepen governmental ties.

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

• Explore historical data to track Palantir Technologies' performance over time in our Past section.

Tenable Holdings (NasdaqGS:TENB)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Tenable Holdings, Inc. offers cyber exposure solutions across various regions including the Americas, Europe, the Middle East, Africa, Asia Pacific, and Japan with a market capitalization of approximately $4.87 billion.

Operations: Tenable Holdings generates revenue primarily from its Security Software & Services segment, amounting to $877.60 million. The company operates in multiple regions, providing solutions that address cyber exposure challenges.

Tenable Holdings, navigating through a challenging period marked by the loss of its visionary leader Amit Yoran, remains focused on innovation in cybersecurity. Despite being unprofitable, Tenable's revenue growth is anticipated to outpace the US market with a 9.4% annual increase. The company's commitment to R&D is evident as it aims to transition into profitability within three years, supported by developments like the enhanced features in Tenable Security Center which bolster its vulnerability management solutions. These strategic moves are expected to solidify its standing in exposure management amidst evolving cyber threats.

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

• Gain insights into Tenable Holdings' past trends and performance with our Past report.

Reddit (NYSE:RDDT)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Reddit, Inc. operates a website that organizes digital communities and has a market cap of $29.97 billion.

Operations: Reddit generates revenue primarily from its Internet Information Providers segment, totaling $1.12 billion. The company's financial structure is focused on leveraging its digital communities to drive income through advertising and premium memberships.

Reddit's recent performance showcases significant strides, with a third-quarter sales jump to $348.35 million from $207.51 million year-over-year and a swing to a net income of $29.85 million from a prior net loss of $7.38 million. This turnaround is part of an upward trajectory, as the company projects Q4 revenues between $385 million and $400 million, reflecting robust growth prospects in the interactive media sector. Despite previous losses—$555.31 million over nine months—the firm's aggressive R&D investment and strategic presentations at key tech conferences underline its commitment to innovate and potentially outperform market expectations in the coming years.

• Get an in-depth perspective on Reddit's performance by reading our health report here.

• Evaluate Reddit's historical performance by accessing our past performance report.

Key Takeaways

• Delve into our full catalog of 230 US High Growth Tech and AI Stocks 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.
• Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.

Curious About Other Options?

• 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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