The U.S. market is currently experiencing a mix of volatility and optimism, with investor sentiment being influenced by renewed tariff threats and record highs in major indices like the S&P 500 and Nasdaq Composite. In this environment, identifying high growth tech stocks requires careful consideration of their potential to thrive amidst economic uncertainties, driven by innovation and strong market positioning.
Top 10 High Growth Tech Companies In The United States
| Name | Revenue Growth | Earnings Growth | Growth Rating |
|---|---|---|---|
| Super Micro Computer | 24.75% | 38.20% | ★★★★★★ |
| Circle Internet Group | 30.80% | 60.64% | ★★★★★★ |
| Mereo BioPharma Group | 51.11% | 57.42% | ★★★★★★ |
| Ardelyx | 21.16% | 61.58% | ★★★★★★ |
| TG Therapeutics | 26.38% | 38.75% | ★★★★★★ |
| AVITA Medical | 27.42% | 61.04% | ★★★★★★ |
| Alnylam Pharmaceuticals | 23.86% | 59.49% | ★★★★★★ |
| Alkami Technology | 20.53% | 76.67% | ★★★★★★ |
| Ascendis Pharma | 35.02% | 59.89% | ★★★★★★ |
| Lumentum Holdings | 23.14% | 103.97% | ★★★★★★ |
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.
Mirum Pharmaceuticals (MIRM)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Mirum Pharmaceuticals, Inc. is a biopharmaceutical company dedicated to developing and commercializing innovative treatments for rare and orphan diseases, with a market cap of $2.65 billion.
Operations: Mirum Pharmaceuticals generates revenue primarily from its pharmaceutical segment, amounting to $379.25 million. The company focuses on developing and commercializing therapies for rare and orphan diseases.
Despite recent setbacks, including being dropped from several Russell indexes, Mirum Pharmaceuticals (MIRM) showcases resilience with promising developments in its drug pipeline. The company's revenue is expected to grow by 16.5% annually, outpacing the US market average of 8.8%. This growth is underpinned by innovative treatments like volixibat for cholestatic pruritus and LIVMARLI for pediatric liver diseases, both reflecting significant R&D commitment and potential market impact. Additionally, MIRM's strategic hire of Doug Sheehy as Chief Legal Officer strengthens its leadership amidst these advancements. With earnings projected to surge by 63.29% annually and a transition to profitability within three years, Mirum's focus on niche biomedical solutions could redefine treatment standards in its sector.
- Click here to discover the nuances of Mirum Pharmaceuticals with our detailed analytical health report.
Understand Mirum Pharmaceuticals' track record by examining our Past report.
Travere Therapeutics (TVTX)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Travere Therapeutics, Inc. is a biopharmaceutical company focused on identifying, developing, and delivering therapies for rare kidney and metabolic diseases in the United States with a market cap of approximately $1.45 billion.
Operations: The company generates revenue primarily through the development and commercialization of innovative therapies, with reported earnings of $273.53 million.
Travere Therapeutics has recently been added to multiple Russell Growth indexes, signaling a positive market outlook despite its current unprofitability. With a robust pipeline highlighted by FILSPARI for rare kidney diseases, the company is making significant strides in biotechnology. Impressively, Travere's R&D commitment is evident as it presented groundbreaking data at international conferences, potentially setting new treatment paradigms in nephrology. Moreover, a recent $68.97 million shelf registration suggests strategic financial planning to support these innovations. As it navigates through regulatory landscapes with promising clinical results, Travere's trajectory in high-growth sectors appears poised for impactful developments.
- Take a closer look at Travere Therapeutics' potential here in our health report.
Assess Travere Therapeutics' past performance with our detailed historical performance reports.
ImmunityBio (IBRX)
Simply Wall St Growth Rating: ★★★★★☆
Overview: ImmunityBio, Inc. is a commercial-stage biotechnology company focused on developing next-generation therapies to enhance natural immune systems against cancers and infectious diseases, with a market cap of approximately $2.46 billion.
Operations: The company generates revenue primarily through its biotechnology segment, amounting to $31.22 million. As a commercial-stage entity, its focus is on advancing therapies that leverage the body's immune system to combat cancer and infectious diseases.
ImmunityBio is making significant strides in the biotech industry with a focus on innovative cancer treatments. The company's recent approval by the MHRA for ANKTIVA® in combination with BCG for bladder cancer treatment marks a pivotal advancement, highlighting its commitment to addressing unmet medical needs. Despite being currently unprofitable, ImmunityBio's aggressive R&D spending and strategic partnerships, like the recent MOU with Saudi Arabia's Ministry of Investment, underscore its potential to revolutionize cancer care. With revenue growth projected at 49.7% annually and earnings expected to surge by 67.1%, ImmunityBio is poised for substantial growth as it transitions towards profitability over the next three years.
Taking Advantage
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Want To Explore Some Alternatives?
- 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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