Stock Analysis

Exploring High Growth Tech Stocks In The United States January 2025

NasdaqGS:CORZ
Source: Shutterstock

Over the last 7 days, the United States market has remained flat, yet it has seen a robust increase of 25% over the past year with earnings forecasted to grow by 15% annually. In this dynamic environment, identifying high growth tech stocks requires a focus on companies with strong innovation potential and scalability that align well with these positive market trends.

Top 10 High Growth Tech Companies In The United States

NameRevenue GrowthEarnings GrowthGrowth Rating
Exelixis64.06%20.90%★★★★★★
Super Micro Computer24.13%24.28%★★★★★★
Ardelyx21.46%54.85%★★★★★★
AVITA Medical33.33%51.81%★★★★★★
Alkami Technology21.99%102.65%★★★★★★
TG Therapeutics29.87%43.91%★★★★★★
Clene61.16%59.11%★★★★★★
Alnylam Pharmaceuticals21.43%56.40%★★★★★★
Blueprint Medicines23.25%55.27%★★★★★★
Travere Therapeutics30.02%61.89%★★★★★★

Click here to see the full list of 230 stocks from our US High Growth Tech and AI Stocks screener.

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

AvePoint (NasdaqGS:AVPT)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: AvePoint, Inc. offers a cloud-native data management software platform across multiple regions including North America, Europe, the Middle East, Africa, and Asia Pacific with a market capitalization of approximately $3.30 billion.

Operations: AvePoint generates revenue primarily from its software and programming segment, amounting to approximately $315.92 million. The company's operations span across multiple regions, focusing on cloud-native data management solutions.

AvePoint is distinguishing itself in the high-growth tech sector, particularly with its recent innovations in AI-driven analytics and benchmarking tools for Microsoft 365 Copilot, as revealed in their latest product announcements. These tools are designed to enhance organizational AI adoption by providing critical insights and predictive analytics, setting a new industry standard. Financially, AvePoint reported a significant turnaround with Q3 revenue rising to $88.8 million from $72.76 million year-over-year and transforming a net loss into a net income of $2.62 million. This performance is underscored by an aggressive share repurchase program where the company bought back shares worth $80.61 million, reflecting confidence in its future trajectory. With revenue expected to grow 18% annually and earnings projected to surge by 113.6%, AvePoint is strategically positioning itself as both an innovator and a robust competitor within the tech landscape.

NasdaqGS:AVPT Revenue and Expenses Breakdown as at Jan 2025
NasdaqGS:AVPT Revenue and Expenses Breakdown as at Jan 2025

Core Scientific (NasdaqGS:CORZ)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Core Scientific, Inc. is a North American company specializing in digital asset mining services with a market capitalization of approximately $4.06 billion.

Operations: Core Scientific focuses on digital asset mining services, generating revenue primarily from its Digital Asset Self-Mining Segment ($441.01 million) and Digital Asset Hosted Mining Segment ($100.81 million).

Core Scientific is navigating a transformative phase, marked by strategic leadership appointments and aggressive expansion in high-performance computing (HPC). The recent induction of Scott Brueggeman as Chief Marketing Officer underscores a strengthened focus on brand and market expansion, essential for sustaining its 26.6% annual revenue growth. Notably, the company's shift from Bitcoin mining to broader HPC applications reflects adaptability in a volatile market. Despite current unprofitability, with a forecasted earnings growth of 86.1% annually, Core Scientific is positioning itself strategically within the tech sector's evolving landscape. This pivot is supported by substantial investments like the $550 million fixed-income offering aimed at fueling these expansions, showcasing a proactive approach to capital management and future readiness.

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

Lumentum Holdings (NasdaqGS:LITE)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Lumentum Holdings Inc. manufactures and sells optical and photonic products across various regions including the Americas, Asia-Pacific, Europe, the Middle East, and Africa, with a market capitalization of $6.07 billion.

Operations: Lumentum Holdings generates revenue primarily from its Industrial Tech and Cloud & Networking segments, with the latter contributing $1.14 billion. The company's focus on optical and photonic products positions it across diverse geographic markets.

Lumentum Holdings has been actively engaging in high-profile tech conferences, signaling a robust strategy to bolster its industry presence and investor confidence. The recent appointment of Paul Lundstrom to the board underscores a strategic push towards financial acumen and governance, leveraging his extensive experience at Flex Ltd. Despite facing a net loss in Q1 2025, Lumentum projects an uptick in revenue between $380 million to $400 million for Q2 2025. This forward-looking optimism is further supported by their significant share repurchase program, having reacquired shares worth approximately $755.36 million since May 2021, reflecting strong shareholder value focus amidst challenging market conditions.

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

Turning Ideas Into Actions

  • Get an in-depth perspective on all 230 US High Growth Tech and AI Stocks by using our screener here.
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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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