High Growth Tech Stocks to Watch in January 2025

The United States market has recently shown robust performance, climbing 1.8% in the last week and boasting a 25% increase over the past year, with earnings projected to grow by 15% annually. In such an environment, identifying high growth tech stocks that align with these promising trends can be crucial for investors seeking opportunities in innovative sectors.

Top 10 High Growth Tech Companies In The United States

Name	Revenue Growth	Earnings Growth	Growth Rating
Super Micro Computer	24.36%	24.28%	★★★★★★
Ardelyx	21.46%	54.72%	★★★★★★
AsiaFIN Holdings	51.75%	82.69%	★★★★★★
AVITA Medical	33.20%	51.87%	★★★★★★
Alkami Technology	21.99%	102.65%	★★★★★★
TG Therapeutics	29.87%	43.91%	★★★★★★
Clene	61.16%	59.11%	★★★★★★
Alnylam Pharmaceuticals	21.39%	56.66%	★★★★★★
Blueprint Medicines	23.25%	55.27%	★★★★★★
Travere Therapeutics	30.46%	62.13%	★★★★★★

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.

Datadog (NasdaqGS:DDOG)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Datadog, Inc. provides an observability and security platform for cloud applications across North America and internationally, with a market capitalization of $47.90 billion.

Operations: Datadog generates revenue primarily from its IT Infrastructure segment, amounting to $2.54 billion. The company focuses on providing observability and security solutions for cloud applications globally.

Datadog has demonstrated robust growth with a 17% annual increase in revenue and an impressive turnaround to profitability this year, reflecting a strategic shift that resonates well within the tech sector. The company's recent expansion of its Board and two significant fixed-income offerings totaling $1.645 billion underscore its proactive approach to governance and capital management. Notably, Datadog's R&D efforts are pivotal, with substantial investments aimed at enhancing product capabilities such as the newly introduced support for MongoDB in its Database Monitoring service, ensuring it stays at the forefront of innovation in cloud-scale monitoring solutions. These developments collectively signal Datadog’s commitment to maintaining its competitive edge by investing in technology that meets evolving customer needs while also strengthening its financial structure.

• Navigate through the intricacies of Datadog with our comprehensive health report here.

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

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, serving markets in the United States, Europe, Asia, and internationally with a market cap of $19.48 billion.

Operations: The company generates revenue primarily through its high-performance server solutions, amounting to $14.94 billion. The focus on modular and open architecture supports diverse market needs across multiple regions globally.

Super Micro Computer has been navigating significant challenges, including recent delisting notifications and compliance issues with NASDAQ's filing requirements. Despite these hurdles, the company showcased its resilience by engaging BDO USA as its new auditor and maintaining active participation in industry conferences like the AI STAC. Financially, Super Micro anticipates robust growth with projected revenue increases of 24.4% annually and earnings growth at a similar pace of 24.3%. These figures underscore a strategic focus on scaling operations while managing regulatory complexities efficiently, positioning it for potential recovery and sustained market presence.

• Delve into the full analysis health report here for a deeper understanding of Super Micro Computer.

• Review our historical performance report to gain insights into Super Micro Computer's's past performance.

ServiceNow (NYSE:NOW)

Simply Wall St Growth Rating: ★★★★★☆

Overview: ServiceNow, Inc. offers an intelligent workflow automation platform for digital businesses globally and has a market capitalization of $232.10 billion.

Operations: ServiceNow, Inc. generates revenue primarily from its Internet Software & Services segment, totaling $10.46 billion. The company operates across North America, Europe, the Middle East and Africa, Asia Pacific, and internationally.

Amidst a challenging backdrop, ServiceNow has been actively enhancing its strategic position through key leadership appointments and robust partnerships aimed at fostering digital transformation. The recent appointment of Ganesh Lakshminarayanan as MD and GVP underscores a commitment to leadership excellence in the APAC region, pivotal for navigating the competitive tech landscape. Furthermore, collaborations with Tech Mahindra and AWS not only extend ServiceNow's technological capabilities but also solidify its role in advancing AI-driven business processes globally. These strategic moves are set against a financial backdrop where ServiceNow's revenue is expected to grow by 15.9% annually, outpacing the US market average growth of 9%, though it trails behind some industry peers in earnings growth projections.

• Click to explore a detailed breakdown of our findings in ServiceNow's health report.

• Understand ServiceNow's track record by examining our Past report.

Turning Ideas Into Actions

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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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