Stock Analysis

Exploring Three High Growth Tech Stocks In The United States

NasdaqCM:EXAS
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Over the last 7 days, the United States market has experienced a 3.0% decline, though it remains up by 18% over the past year with earnings forecasted to grow annually by 14%. In this context of fluctuating yet promising growth, identifying high growth tech stocks requires careful consideration of their potential for innovation and scalability in alignment with broader market trends.

Top 10 High Growth Tech Companies In The United States

NameRevenue GrowthEarnings GrowthGrowth Rating
Super Micro Computer29.79%27.57%★★★★★★
Travere Therapeutics28.04%65.55%★★★★★★
Alkami Technology21.99%102.65%★★★★★★
AVITA Medical27.78%55.33%★★★★★★
TG Therapeutics29.48%45.20%★★★★★★
Bitdeer Technologies Group51.85%122.52%★★★★★★
Clene61.16%59.11%★★★★★★
Alnylam Pharmaceuticals22.67%58.73%★★★★★★
Alvotech31.17%100.18%★★★★★★
Lumentum Holdings21.24%119.37%★★★★★★

Click here to see the full list of 227 stocks from our US High Growth Tech and AI Stocks screener.

Here's a peek at a few of the choices from the screener.

Exact Sciences (NasdaqCM:EXAS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Exact Sciences Corporation is engaged in the development and commercialization of cancer screening and diagnostic test products, with a market capitalization of approximately $9.15 billion.

Operations: The company generates revenue primarily from its biotechnology segment, which contributed $2.76 billion. It focuses on cancer screening and diagnostic test products both domestically and internationally.

Exact Sciences, navigating through a challenging landscape marked by unprofitability, is poised for significant shifts with an expected revenue growth of 9.5% per year, outpacing the US market's 8.8%. Despite a substantial net loss of $864.59 million in Q4 2024, up from $49.77 million the previous year, the firm is optimistic about its future financial health, projecting annual revenues between $3.025 billion and $3.085 billion for 2025. This growth trajectory is supported by robust investments in R&D and strategic M&A activities aimed at enhancing its product offerings and market position in precision oncology and screening segments.

NasdaqCM:EXAS Earnings and Revenue Growth as at Feb 2025
NasdaqCM:EXAS Earnings and Revenue Growth as at Feb 2025

Bel Fuse (NasdaqGS:BELF.A)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Bel Fuse Inc. designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits with a market capitalization of approximately $1.08 billion.

Operations: Bel Fuse Inc. generates revenue through three primary segments: Power Solutions and Protection, Connectivity Solutions, and Magnetic Solutions, with the Power Solutions and Protection segment contributing $245.55 million. The company's focus on designing and manufacturing electronic components allows it to serve a diverse range of industries by providing essential products that ensure the functionality of electronic circuits.

Bel Fuse, amidst a transformative leadership shift, is poised to leverage its robust product foundation and strategic financial discipline under new CEO Farouq Tuweiq. With an 11.9% forecasted annual revenue growth outpacing the US market's 8.8%, and a significant earnings growth projection of 22.9% per year, the company demonstrates strong potential in the electronics sector. This outlook is further supported by R&D investments aimed at innovation and quality enhancements, crucial for sustaining competitive advantage in rapidly evolving tech landscapes. Recent dividend affirmations underscore Bel's commitment to shareholder returns despite challenging industry dynamics and a high debt level that warrants cautious financial management moving forward.

NasdaqGS:BELF.A Revenue and Expenses Breakdown as at Feb 2025
NasdaqGS:BELF.A Revenue and Expenses Breakdown as at Feb 2025

Super Micro Computer (NasdaqGS:SMCI)

Simply Wall St Growth Rating: ★★★★★★

Overview: Super Micro Computer, Inc. develops and manufactures high performance server and storage solutions using modular and open architecture for a global market, with a market cap of approximately $32.83 billion.

Operations: Super Micro Computer, Inc. generates revenue primarily from developing and providing high-performance server solutions, amounting to approximately $14.94 billion annually. The company operates across the United States, Europe, Asia, and other international markets.

Super Micro Computer, Inc. (SMCI) is outpacing its sector with a remarkable 88.8% earnings growth over the last year, significantly higher than the tech industry's average of 40.6%. This surge is underpinned by robust demand for its AI data center solutions, notably those utilizing NVIDIA's Blackwell platform which promises up to 15x inference and 3x training performance improvements. Despite facing challenges like delayed SEC filings and a recent exclusion from the NASDAQ-100 index, SMCI’s forward-looking guidance anticipates strong sales growth between $23.5 billion to $25 billion for fiscal year 2025, reflecting its strategic focus on high-performance computing and AI technologies.

NasdaqGS:SMCI Earnings and Revenue Growth as at Feb 2025
NasdaqGS:SMCI Earnings and Revenue Growth as at Feb 2025

Where To Now?

  • Delve into our full catalog of 227 US High Growth Tech and AI Stocks here.
  • Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
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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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