Exploring High Growth Tech Stocks In The United States

The market is up 1.2% over the last week and has risen 30% over the last 12 months, with earnings expected to grow by 15% per annum over the next few years. In this thriving environment, identifying high growth tech stocks that align with these promising conditions can be crucial for investors seeking substantial returns.

Top 10 High Growth Tech Companies In The United States

Click here to see the full list of 251 stocks from our US High Growth Tech and AI Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Simply Wall St Growth Rating: ★★★★★☆

Overview: Alkami Technology, Inc. provides cloud-based digital banking solutions in the United States and has a market cap of $3.13 billion.

Operations: Alkami Technology, Inc. generates revenue primarily from its Internet Software & Services segment, which contributed $297.36 million. The company focuses on providing cloud-based digital banking solutions within the United States.

Alkami Technology, a player in the digital banking sector, has been proactive in integrating advanced security features into its platform, as demonstrated by its recent addition of credential stuffing protection. This enhancement not only streamlines user interaction but also fortifies fraud prevention capabilities—a critical move given the increasing prevalence of online threats. Financially, Alkami is on a growth trajectory with revenues expected to increase by 21.4% annually. Despite current unprofitability, projections are optimistic with an anticipated profit growth of 98.5% per year over the next three years. The firm’s commitment to innovation and adaptability in a rapidly evolving industry underscores its potential to shape future market dynamics while striving towards profitability.

Simply Wall St Growth Rating: ★★★★★☆

Overview: Cellebrite DI Ltd. develops solutions for legally sanctioned investigations across Europe, the Middle East, Africa, the Americas, and the Asia-Pacific with a market cap of $3.80 billion.

Operations: Cellebrite DI Ltd. generates revenue primarily from its Internet Software & Services segment, totaling $346.76 million. The company focuses on providing investigative solutions across various global regions, catering to legally sanctioned investigations.

Cellebrite DI demonstrates resilience and potential in the tech sector, with a notable rebound in its financial performance. In the first half of 2024, revenue surged to $185.3 million from $147.92 million year-over-year, alongside a reduction in net loss to $95.18 million from $72.95 million, reflecting improved operational efficiency and market adaptation. The firm’s commitment to R&D is evident as it continues to innovate within digital forensics, crucial for evolving justice systems globally. This strategic focus is underscored by its recent guidance uplift, projecting annual revenues up to $398 million, signaling confidence in sustained growth and market demand for its specialized services.

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Endeavor Group Holdings, Inc. operates as a sports and entertainment company in the United States, the United Kingdom, and internationally, with a market cap of approximately $13.14 billion.

Operations: Endeavor Group Holdings generates revenue primarily from Owned Sports Properties ($2.70 billion), Events, Experiences & Rights ($1.99 billion), and Representation ($1.57 billion). The company’s diverse revenue streams highlight its multifaceted presence in the sports and entertainment sectors across various regions.

Endeavor Group Holdings, despite a challenging year with a net loss widening to $351.86 million from a previous profit of $411.21 million, continues to invest in its future. The company’s commitment is highlighted by its R&D expenses, which remain substantial as it navigates the competitive entertainment landscape. With revenue growth projected at 6.9% annually, below the US market average of 8.7%, Endeavor’s strategic focus may pivot more towards innovation to regain momentum. Additionally, an impressive forecast for earnings growth at 39.5% per annum suggests potential recovery and adaptation strategies taking effect within the firm’s operations.

Make It Happen

• Get an in-depth perspective on all 251 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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