In This Article:
As Germany's DAX index reaches new peaks and inflation nears the European Central Bank’s target, the market sentiment remains cautiously optimistic. In this environment, identifying high-growth tech stocks like Northern Data becomes crucial for investors seeking opportunities in a dynamic sector driven by innovation and robust economic indicators.
Top 10 High Growth Tech Companies In Germany
| Name | Revenue Growth | Earnings Growth | Growth Rating |
|---|---|---|---|
| Formycon | 31.78% | 30.52% | ★★★★★☆ |
| Ströer SE KGaA | 7.39% | 29.86% | ★★★★★☆ |
| Stemmer Imaging | 13.34% | 23.20% | ★★★★★☆ |
| Exasol | 14.66% | 117.10% | ★★★★★☆ |
| ParTec | 41.16% | 63.31% | ★★★★★★ |
| medondo holding | 34.52% | 71.99% | ★★★★★☆ |
| Northern Data | 32.53% | 68.17% | ★★★★★☆ |
| cyan | 27.51% | 67.79% | ★★★★★☆ |
| Rubean | 59.40% | 73.87% | ★★★★★☆ |
| asknet Solutions | 20.06% | 74.86% | ★★★★★☆ |
Here we highlight a subset of our preferred stocks from the screener.
Northern Data
Simply Wall St Growth Rating: ★★★★★☆
Overview: Northern Data AG develops and operates high-performance computing (HPC) infrastructure solutions for businesses and research institutions worldwide, with a market cap of €1.59 billion.
Operations: Northern Data AG generates revenue primarily from Peak Mining (€156.13M), Taiga Cloud (€22.13M), and Ardent Data Centers (€31.46M). The company also includes contributions from Other Companies and Group Functions (€46.31M) while facing a consolidation adjustment of -€178.50M.
Northern Data, a significant player in the AI and cloud computing sectors, is forecasted to achieve a remarkable 32.5% annual revenue growth, outpacing the German market's 5.5%. The company reaffirmed its financial guidance for 2024 with expected revenues between €200 million and €240 million, marking an impressive increase from previous years. Despite a net loss of €151.06 million in 2023, Northern Data's aggressive R&D investments are poised to drive future profitability and innovation within its Taiga cloud computing and Ardent data center segments.
All for One Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: All for One Group SE, along with its subsidiaries, offers business software solutions for SAP, Microsoft, and IBM across Germany, Switzerland, Austria, Poland, Luxembourg, and internationally with a market cap of €238.44 million.
Operations: The company generates revenue primarily through its CORE and LOB segments, with CORE contributing €442.47 million and LOB adding €77.01 million. The business focuses on providing software solutions for major platforms like SAP, Microsoft, and IBM across multiple countries including Germany, Switzerland, Austria, Poland, and Luxembourg.