Stock Analysis

Exploring Three High Growth Tech Stocks in the US

NasdaqGS:ZS
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The United States market has shown robust performance with a 3.0% increase over the last week and a 25% climb in the past year, while earnings are projected to grow by 15% annually. In this thriving environment, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation and adaptability to capitalize on these favorable conditions.

Top 10 High Growth Tech Companies In The United States

NameRevenue GrowthEarnings GrowthGrowth Rating
Exelixis61.26%20.47%★★★★★★
Super Micro Computer24.36%24.28%★★★★★★
Ardelyx21.46%54.72%★★★★★★
AsiaFIN Holdings51.75%82.69%★★★★★★
AVITA Medical33.20%51.87%★★★★★★
Alkami Technology21.99%102.65%★★★★★★
TG Therapeutics29.87%43.91%★★★★★★
Clene61.16%59.11%★★★★★★
Alnylam Pharmaceuticals21.39%56.66%★★★★★★
Travere Therapeutics30.46%62.13%★★★★★★

Click here to see the full list of 226 stocks from our US High Growth Tech and AI Stocks screener.

Let's explore several standout options from the results in the screener.

Zscaler (NasdaqGS:ZS)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Zscaler, Inc. is a global cloud security company with a market capitalization of approximately $29.60 billion.

Operations: The company generates revenue primarily through the sale of subscription services for its cloud platform and related support services, amounting to $2.30 billion. It operates globally, focusing on providing cloud security solutions.

Zscaler's strategic movements, including a significant partnership with Nokia and Cognizant, underscore its innovative approach in the cybersecurity landscape. By deploying its Zero Trust Exchange platform, Zscaler not only enhances security but also optimizes operational efficiency for global giants like Nokia. This adoption reflects a growing preference for cloud-native solutions that promise robust security without the constraints of traditional architectures. Moreover, Zscaler's recent financial performance shows promising trends with a revenue increase to $627.96 million from $496.7 million year-over-year and a narrowed net loss from $33.48 million to $12.05 million, indicating effective management and potential growth trajectory in an expanding cybersecurity market.

NasdaqGS:ZS Earnings and Revenue Growth as at Jan 2025
NasdaqGS:ZS Earnings and Revenue Growth as at Jan 2025

HubSpot (NYSE:HUBS)

Simply Wall St Growth Rating: ★★★★★☆

Overview: HubSpot, Inc. offers a cloud-based customer relationship management (CRM) platform for businesses across the Americas, Europe, and the Asia Pacific, with a market capitalization of approximately $37.69 billion.

Operations: The company generates revenue primarily from its Internet Software & Services segment, totaling $2.51 billion. The business focuses on providing a comprehensive CRM platform to support businesses globally.

HubSpot's trajectory in the high-growth tech sector is underscored by its robust revenue upswing of 14.2% annually, outpacing the US market average of 9.1%. This growth is complemented by an anticipated profitability within three years, with earnings expected to surge by 41.31% per year. Recently, HubSpot expanded its CRM capabilities through a strategic integration with ZINFI Technologies, enhancing partner management directly within its platform—a move that aligns with industry trends towards comprehensive, AI-enhanced customer relationship tools. This partnership not only broadens HubSpot's service offering but also positions it to capitalize on increased demand for efficient sales and marketing automation solutions in a digitally evolving marketplace.

NYSE:HUBS Revenue and Expenses Breakdown as at Jan 2025
NYSE:HUBS Revenue and Expenses Breakdown as at Jan 2025

TKO Group Holdings (NYSE:TKO)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: TKO Group Holdings, Inc. is a sports and entertainment company with a market capitalization of approximately $24.42 billion.

Operations: TKO Group Holdings generates revenue primarily from its UFC and WWE segments, with UFC contributing approximately $1.35 billion and WWE adding around $1.43 billion. The company's operations focus on leveraging its sports and entertainment assets to drive financial performance.

TKO Group Holdings has demonstrated resilience and adaptability in the high-growth tech landscape, marked by a significant revenue upswing of 14% annually. This growth trajectory is bolstered by strategic initiatives including a recent shelf registration and a definitive agreement to acquire Professional Bull Riders, which could diversify and strengthen its market position. Notably, the company has committed to returning value to shareholders through a newly announced quarterly cash dividend program starting March 2025 and an aggressive share repurchase plan valued at $2 billion. These financial maneuvers underscore TKO's robust operational strategy and confidence in sustained growth amidst dynamic market conditions.

NYSE:TKO Earnings and Revenue Growth as at Jan 2025
NYSE:TKO Earnings and Revenue Growth as at Jan 2025

Next Steps

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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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