High Growth Tech Stocks In The US For May 2025

Simply Wall St

As the U.S. market experiences a notable upswing, with the S&P 500 and Nasdaq Composite marking gains amid strong earnings reports from major tech companies like Microsoft and Meta, investors are keenly observing how these developments impact high-growth tech stocks. In this environment of robust AI spending and positive sentiment, identifying companies with solid financials and innovative strategies becomes crucial for those looking to tap into the potential of high-growth sectors.

Top 10 High Growth Tech Companies In The United States

NameRevenue GrowthEarnings GrowthGrowth Rating
Super Micro Computer20.35%33.99%★★★★★★
Travere Therapeutics28.65%66.06%★★★★★★
TG Therapeutics26.06%37.39%★★★★★★
Arcutis Biotherapeutics26.11%58.46%★★★★★★
Clene62.08%64.01%★★★★★★
Alnylam Pharmaceuticals23.08%58.85%★★★★★★
AVITA Medical27.81%55.17%★★★★★★
Alkami Technology20.71%92.32%★★★★★★
Ascendis Pharma32.75%59.64%★★★★★★
Lumentum Holdings21.34%120.49%★★★★★★

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

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

Ardelyx (NasdaqGM:ARDX)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ardelyx, Inc. focuses on discovering, developing, and commercializing medicines for unmet medical needs globally, with a market cap of $1.30 billion.

Operations: Ardelyx generates revenue primarily through the development and commercialization of biopharmaceutical products, totaling $333.62 million.

Ardelyx's recent appointment of Dr. Merdad Parsey to its Board underscores a strategic enhancement in governance, potentially enriching its leadership amidst crucial clinical advancements. The company's innovative focus is exemplified by XPHOZAH®, a pioneering treatment for hyperphosphatemia in CKD patients on dialysis, reflecting Ardelyx's commitment to addressing unmet medical needs through novel therapeutic approaches. Financially, Ardelyx has shown significant traction with a revenue jump to $333.62 million from the previous year’s $124.46 million, alongside an anticipated transition to profitability within three years, suggesting robust growth prospects driven by both clinical outcomes and market expansion strategies.

NasdaqGM:ARDX Earnings and Revenue Growth as at May 2025

Apellis Pharmaceuticals (NasdaqGS:APLS)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Apellis Pharmaceuticals, Inc. is a commercial-stage biopharmaceutical company dedicated to discovering, developing, and commercializing innovative therapeutic compounds for diseases with significant unmet needs, with a market cap of approximately $2.41 billion.

Operations: Apellis Pharmaceuticals focuses on developing and commercializing proprietary therapeutics, generating revenue of $781.37 million.

Apellis Pharmaceuticals, set to become profitable within three years, is navigating a transformative phase with strategic board enhancements and significant FDA approvals. Recently, Craig Wheeler joined the board, bringing extensive biopharmaceutical leadership. This governance boost coincides with the FDA’s priority review of EMPAVELI for severe kidney diseases—a potential market expander given its $212.53 million Q4 revenue up from $146.38 million last year. With earnings expected to grow 61.29% annually and R&D focused on critical care areas, Apellis is poised for impactful industry contributions amidst forecasts of high return on equity (690.6%) in the near future.

NasdaqGS:APLS Earnings and Revenue Growth as at May 2025

RingCentral (NYSE:RNG)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: RingCentral, Inc. offers cloud-based business communications and contact center solutions globally, with a market capitalization of approximately $2.29 billion.

Operations: RingCentral generates revenue primarily from its Internet Software & Services segment, totaling approximately $2.40 billion. The company focuses on providing cloud-based communication and contact center solutions across North America and internationally.

RingCentral's strategic maneuvers in 2025, including the extension of its credit facilities and key partnerships with PCI-PAL and Cox Business, underscore its commitment to expanding its innovative cloud communication solutions. Notably, the company's recent integration with PCI-PAL enhances secure payment capabilities across North America and Europe, a critical feature for maintaining compliance and customer trust in digital transactions. Furthermore, the collaboration with Cox Business is set to transform work experiences by leveraging RingCentral’s AI-driven communication platform. These initiatives are pivotal as RingCentral navigates through a competitive landscape marked by a need for high security and seamless customer interactions in cloud communications.

NYSE:RNG Earnings and Revenue Growth as at May 2025

Key Takeaways

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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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