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US High Growth Tech Stocks to Watch in 2023

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As the U.S. market experiences heightened volatility with major indices like the S&P 500 and Nasdaq Composite closing sharply lower amid tariff concerns, investors are closely monitoring economic indicators that could impact small-cap companies and technology stocks. In such a climate, identifying high-growth tech stocks involves looking for companies that demonstrate resilience through innovation and adaptability to shifting trade policies, making them noteworthy in this unpredictable environment.

Top 10 High Growth Tech Companies In The United States

Name

Revenue Growth

Earnings Growth

Growth Rating

Super Micro Computer

20.44%

29.79%

★★★★★★

Arcutis Biotherapeutics

25.83%

58.17%

★★★★★★

TG Therapeutics

26.03%

37.60%

★★★★★★

Alkami Technology

20.46%

85.16%

★★★★★★

Travere Therapeutics

28.45%

65.05%

★★★★★★

TKO Group Holdings

22.48%

25.17%

★★★★★★

Alnylam Pharmaceuticals

22.73%

58.77%

★★★★★★

AVITA Medical

27.47%

56.12%

★★★★★★

Lumentum Holdings

21.61%

120.49%

★★★★★★

Ascendis Pharma

32.36%

59.79%

★★★★★★

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

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

Akebia Therapeutics

Simply Wall St Growth Rating: ★★★★★☆

Overview: Akebia Therapeutics, Inc. is a biopharmaceutical company dedicated to developing and commercializing therapeutics for patients with kidney diseases, with a market cap of $418.13 million.

Operations: Akebia focuses on developing and commercializing novel therapeutics for kidney disease, generating $160.18 million in revenue from this segment.

Akebia Therapeutics, despite its unprofitable status, is poised for significant growth with expected annual revenue increases of 27.2% outpacing the U.S. market's 8.2%. This biotech firm is navigating towards profitability within three years, bolstered by a robust pipeline evidenced by recent positive CHMP opinions on XOANACYL® for CKD-related conditions. However, financial challenges remain as highlighted by a $69.41 million net loss in 2024 and ongoing equity offerings to raise capital, including a recent $50 million issuance. Balancing innovation with financial sustainability will be crucial for Akebia's advancement in the competitive biotech landscape.

NasdaqCM:AKBA Revenue and Expenses Breakdown as at Apr 2025
NasdaqCM:AKBA Revenue and Expenses Breakdown as at Apr 2025

aTyr Pharma

Simply Wall St Growth Rating: ★★★★★☆

Overview: aTyr Pharma, Inc. is a biotherapeutics company focused on discovering and developing medicines based on novel functions of tRNA synthetases in the United States, with a market cap of $253.25 million.