Stock Analysis

Exploring Three High Growth Tech Stocks In The United States

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The United States market has been flat over the last week but is up 21% over the past year, with earnings forecast to grow by 14% annually. In this environment, identifying high growth tech stocks requires focusing on companies with strong innovation and potential for sustained expansion.

Top 10 High Growth Tech Companies In The United States

NameRevenue GrowthEarnings GrowthGrowth Rating
Super Micro Computer29.07%27.57%★★★★★★
Ardelyx21.09%55.29%★★★★★★
AVITA Medical33.20%51.87%★★★★★★
Alkami Technology21.99%102.65%★★★★★★
TG Therapeutics29.48%45.20%★★★★★★
Clene61.16%59.11%★★★★★★
Alnylam Pharmaceuticals21.21%57.07%★★★★★★
Travere Therapeutics30.33%61.73%★★★★★★
Lumentum Holdings21.25%118.58%★★★★★★
Ascendis Pharma33.38%57.92%★★★★★★

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

Let's uncover some gems from our specialized screener.

CareDx (NasdaqGM:CDNA)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: CareDx, Inc. focuses on the discovery, development, and commercialization of diagnostic solutions for transplant patients and caregivers both in the United States and internationally, with a market cap of $1.29 billion.

Operations: CareDx generates revenue primarily from its biotechnology segment, amounting to $312.78 million. The company operates in the field of diagnostic solutions tailored for transplant patients and their caregivers globally.

CareDx, a player in the biotech sector, is navigating a transformative phase with significant R&D investment and strategic corporate actions aimed at bolstering its market position. Despite current unprofitability, CareDx's aggressive revenue forecasts for 2025 suggest a robust growth trajectory with expected revenues hitting $370 million. The firm’s recent presentation at the J.P. Morgan Healthcare Conference underscores its commitment to innovation and market expansion. Moreover, CareDx's revenue growth rate of 12.9% outpaces the US market average of 8.8%, reflecting strong sectoral dynamics despite broader industry challenges. This performance is complemented by an anticipated earnings surge of 94.3% annually, positioning it favorably for future profitability and making it a noteworthy case study in resilience and strategic planning within high-growth tech sectors.

NasdaqGM:CDNA Revenue and Expenses Breakdown as at Feb 2025

Corsair Gaming (NasdaqGS:CRSR)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Corsair Gaming, Inc. is a company that designs, develops, markets, and sells gaming and streaming peripherals, components, and systems across various regions including the Americas, Europe, the Middle East, and the Asia Pacific with a market capitalization of approximately $1.04 billion.

Operations: Corsair Gaming operates through two primary revenue segments: Gamer and Creator Peripherals, generating $472.73 million, and Gaming Components and Systems, contributing $843.65 million.

Corsair Gaming, poised for a turnaround with expected profitability in three years, is navigating through a transformative leadership change as Thi La steps up as CEO. With an annual revenue growth forecast at 10.2%, surpassing the US market's 8.8%, and earnings projected to surge by 85.7% annually, Corsair's strategic focus on expanding its gaming and streaming solutions portfolio appears timely. The company's recent executive transitions and product launches, including the K65 PLUS WIRELESS keyboard and M75 WIRELESS mouse specifically for Mac users, reflect its adaptability and commitment to diversification in a highly competitive tech landscape.

NasdaqGS:CRSR Revenue and Expenses Breakdown as at Feb 2025

monday.com (NasdaqGS:MNDY)

Simply Wall St Growth Rating: ★★★★★☆

Overview: monday.com Ltd., along with its subsidiaries, develops software applications globally, including in the United States, Europe, the Middle East, Africa, and the United Kingdom, with a market capitalization of approximately $15.84 billion.

Operations: The company generates revenue primarily from its Internet Software & Services segment, totaling approximately $972 million. It operates across various regions, including the United States and Europe.

monday.com has recently transitioned from a period of losses to profitability, showcasing robust growth with full-year sales surging to $972 million, up from $729.7 million the previous year. This surge is complemented by a net income shift from a loss of $1.88 million to a gain of $32.37 million in just one year, reflecting an effective operational and strategic execution. The launch of monday service marks a significant expansion in their product line, addressing enterprise service needs with AI-driven solutions that enhance efficiency and customer engagement without additional resource burdens. With this momentum, monday.com is not only enhancing its product offerings but also solidifying its presence in the tech sector as evidenced by its new office space in Denver aimed at supporting continuous regional growth.

NasdaqGS:MNDY Revenue and Expenses Breakdown as at Feb 2025

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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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