Stock Analysis

Exploring US High Growth Tech Stocks In March 2025

NasdaqGM:CMRX
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In the United States, the market has experienced a 3.5% decline over the last week, yet it remains up by 5.8% over the past year with earnings expected to grow annually by 14%. In this context of fluctuating yet optimistic growth prospects, identifying high-growth tech stocks involves focusing on companies that demonstrate robust innovation and adaptability in response to evolving market dynamics.

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Top 10 High Growth Tech Companies In The United States

NameRevenue GrowthEarnings GrowthGrowth Rating
Super Micro Computer20.44%29.79%★★★★★★
TG Therapeutics26.18%37.61%★★★★★★
Alkami Technology20.46%85.16%★★★★★★
Travere Therapeutics28.43%65.01%★★★★★★
Clene60.86%63.07%★★★★★★
Alnylam Pharmaceuticals22.76%58.56%★★★★★★
AVITA Medical27.91%55.77%★★★★★★
TKO Group Holdings22.48%25.17%★★★★★★
Lumentum Holdings21.55%119.67%★★★★★★
Ascendis Pharma32.36%59.79%★★★★★★

Click here to see the full list of 234 stocks from our US High Growth Tech and AI Stocks screener.

We'll examine a selection from our screener results.

Chimerix (NasdaqGM:CMRX)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Chimerix, Inc. is a biopharmaceutical company focused on developing medicines to enhance and prolong the lives of patients with life-threatening diseases, with a market cap of approximately $797.33 million.

Operations: Chimerix generates revenue primarily from its pharmaceuticals segment, which contributed $0.21 million.

Chimerix, despite its modest revenue of $212K, is on a trajectory with a forecasted annual revenue growth rate of 52.8%, significantly outpacing the US market's 8.3%. The company's recent earnings report revealed a jump in quarterly revenue to $0.057 million from $0.004 million year-over-year, although it still posted a substantial net loss of $22.95 million. Notably, Chimerix is poised for transformation through an impending acquisition by Jazz Pharmaceuticals for approximately $930 million, promising substantial cash per share to stakeholders and potentially stabilizing its financial footing as it moves towards profitability projected within three years.

NasdaqGM:CMRX Earnings and Revenue Growth as at Mar 2025
NasdaqGM:CMRX Earnings and Revenue Growth as at Mar 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 novel therapeutic compounds for diseases with high unmet needs, with a market cap of approximately $3.05 billion.

Operations: Apellis Pharmaceuticals focuses on developing and commercializing proprietary therapeutics, generating approximately $781.37 million in revenue from these activities.

Apellis Pharmaceuticals has demonstrated a robust turnaround in its financial performance, with a significant reduction in net loss to $36.35 million from $88.58 million year-over-year and an impressive revenue increase to $212.53 million from $146.38 million in the same period. This growth trajectory is underpinned by strategic R&D investments, which are pivotal as the company advances novel treatments like SYFOVRE for geographic atrophy—a market with high unmet medical needs. Moreover, the successful progression of their VALIANT study for rare kidney diseases represents potential future revenue streams, reinforcing Apellis's commitment to addressing complex health challenges through innovation.

NasdaqGS:APLS Revenue and Expenses Breakdown as at Mar 2025
NasdaqGS:APLS Revenue and Expenses Breakdown as at Mar 2025

Enfusion (NYSE:ENFN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Enfusion, Inc. offers software-as-a-service solutions tailored for the investment management industry across various regions including the United States, Europe, the Middle East, Africa, and the Asia Pacific with a market capitalization of $1.43 billion.

Operations: Enfusion generates revenue primarily from its online financial information services, amounting to $201.61 million. The company operates in multiple regions, focusing on providing software solutions for the investment management sector.

Amidst a dynamic tech landscape, Enfusion stands out with its robust annual earnings growth forecast at 62.7%, significantly outpacing the US market average of 13.8%. This growth is underlined by a strong R&D commitment, which has seen a substantial allocation of resources, reflecting in their latest R&D expense figures. The company's recent merger announcement with Clearwater Analytics underscores its strategic expansion efforts and could potentially enhance its market position through synergies and expanded offerings. Despite facing challenges like a revenue growth (14.7%) that trails the high-growth benchmark of 20%, Enfusion’s innovative approach and recent strategic moves suggest it remains a noteworthy entity in the tech sector, poised for future opportunities post-merger integration completion expected in Q2 2025.

NYSE:ENFN Revenue and Expenses Breakdown as at Mar 2025
NYSE:ENFN Revenue and Expenses Breakdown as at Mar 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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