In This Article:
Over the last 7 days, the United States market has experienced a 1.4% drop, yet it remains up by 11% over the past year with earnings projected to grow by 14% annually. In such a dynamic environment, identifying high growth tech stocks requires evaluating their potential for innovation and scalability amidst these fluctuating market conditions.
Top 10 High Growth Tech Companies In The United States
| Name | Revenue Growth | Earnings Growth | Growth Rating |
|---|---|---|---|
| Super Micro Computer | 26.38% | 39.09% | ★★★★★★ |
| Ardelyx | 20.78% | 59.46% | ★★★★★★ |
| Travere Therapeutics | 26.41% | 64.47% | ★★★★★★ |
| Blueprint Medicines | 21.36% | 61.45% | ★★★★★★ |
| TG Therapeutics | 26.46% | 38.75% | ★★★★★★ |
| Alnylam Pharmaceuticals | 23.65% | 61.11% | ★★★★★★ |
| AVITA Medical | 27.28% | 60.66% | ★★★★★★ |
| Alkami Technology | 20.54% | 76.67% | ★★★★★★ |
| Ascendis Pharma | 35.16% | 60.26% | ★★★★★★ |
| Lumentum Holdings | 21.59% | 110.32% | ★★★★★★ |
Click here to see the full list of 237 stocks from our US High Growth Tech and AI Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Bilibili
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Bilibili Inc. offers online entertainment services targeted at young audiences in China, with a market capitalization of $7.78 billion.
Operations: Bilibili Inc. generates revenue primarily through mobile games, value-added services, advertising, and e-commerce. The company focuses on engaging the young demographic in China by offering a diverse range of online entertainment content.
Bilibili, a key contender in the interactive media and services sector, is navigating its path toward profitability with an expected earnings growth of 47.78% annually. Despite current unprofitability, the company's revenue trajectory is promising with an 8.6% annual increase, outpacing the general US market rate. Recent financial disclosures reveal substantial progress: Q1 sales surged to CNY 1.73 billion from CNY 982.81 million year-over-year, alongside a dramatic reduction in net loss to CNY 9.1 million from CNY 748.55 million, underscoring significant operational improvements and efficient cost management strategies.
-
Dive into the specifics of Bilibili here with our thorough health report.
-
Evaluate Bilibili's historical performance by accessing our past performance report.
CoreWeave
Simply Wall St Growth Rating: ★★★★★☆
Overview: CoreWeave, Inc. operates a cloud platform focused on scaling, support, and acceleration for GenAI with a market cap of $51.54 billion.
Operations: The company generates revenue primarily from its data processing services, amounting to $2.71 billion.
CoreWeave has recently demonstrated a robust strategic approach to scaling its AI and cloud computing capabilities. With a notable 37.3% annual revenue growth, the company is outperforming the broader US market significantly. This growth trajectory is complemented by an aggressive expansion into European markets with a $2.2 billion investment aimed at enhancing AI cloud infrastructure, powered entirely by renewable energy sources. Moreover, CoreWeave's recent $4 billion deal with OpenAI to boost cloud computing capacity underscores its pivotal role in powering next-generation AI technologies, positioning it well for future industry demands despite its current unprofitability forecasted to pivot within three years with an expected earnings surge of 67.5% annually.