Over the last 7 days, the United States market has dropped 2.7%, yet in the longer term, it has risen by 11% over the past year with earnings forecasted to grow by 14% annually. In this context of fluctuating short-term performance and promising long-term growth prospects, identifying high growth tech stocks involves evaluating companies that demonstrate strong innovation potential and resilience in adapting to changing market conditions.

Top 10 High Growth Tech Companies In The United States

Click here to see the full list of 235 stocks from our US High Growth Tech and AI Stocks screener.

We'll examine a selection from our screener results.

ARS Pharmaceuticals

Simply Wall St Growth Rating: ★★★★★☆

Overview: ARS Pharmaceuticals, Inc. is a biopharmaceutical company focused on developing treatments for severe allergic reactions with a market capitalization of $1.06 billion.

Operations: ARS Pharmaceuticals generates revenue primarily from its pharmaceuticals segment, amounting to $2.57 million. The company is dedicated to the development of treatments for severe allergic reactions.

ARS Pharmaceuticals recently marked a significant milestone with the FDA's approval of neffy 1 mg, a groundbreaking epinephrine nasal spray for children with severe allergies. This approval not only diversifies ARS's product line but also enhances its competitive edge in the allergy treatment market. With an estimated 13% of children suffering from severe food allergies in the U.S., and many caregivers hesitant to use traditional injectable methods, neffy’s needle-free, user-friendly design is poised to meet a critical market need. Moreover, ARS has strategically expanded neffy’s accessibility through inclusion in national formularies like those of Cigna Healthcare and Navitus Health Systems, broadening its potential user base significantly. This expansion is supported by robust clinical trials demonstrating neffy's efficacy and safety, making it a pivotal addition to ARS’s offerings as it continues to innovate within the tech-driven pharmaceutical landscape.

• Delve into the full analysis health report here for a deeper understanding of ARS Pharmaceuticals.

• Examine ARS Pharmaceuticals' past performance report to understand how it has performed in the past.

UroGen Pharma

Simply Wall St Growth Rating: ★★★★★☆

Overview: UroGen Pharma Ltd. is a biotechnology company focused on developing and commercializing treatments for urothelial and specialty cancers, with a market cap of $432.98 million.

Operations: UroGen Pharma Ltd. generates revenue primarily from its biotechnology segment, specifically targeting startups, amounting to $89.36 million. The company is involved in developing and commercializing treatments for urothelial and specialty cancers.

UroGen Pharma, with a remarkable annual revenue growth rate of 36.3%, is poised to outpace the US market's average growth of 8.5%. Despite currently being unprofitable, the company's earnings are expected to surge by 56.6% annually, positioning it for profitability within three years. Recent developments include the promising results from the ENVISION trial for UGN-102, enhancing its portfolio in treating non-muscle-invasive bladder cancer—a field where recurrence and progression pose ongoing challenges. This strategic focus on innovative treatments underlines UroGen's potential to significantly impact its sector, supported by a robust pipeline and recent FDA engagements that could accelerate its market presence.

• Click here and access our complete health analysis report to understand the dynamics of UroGen Pharma.

• Learn about UroGen Pharma's historical performance.

Pegasystems

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Pegasystems Inc. is a company that develops, markets, licenses, hosts, and supports enterprise software across various global regions with a market cap of $6.81 billion.

Operations: Pegasystems generates revenue primarily through its software and programming segment, which accounts for $1.50 billion. The company operates across multiple regions, including the Americas, Europe, the Middle East, Africa, and Asia-Pacific.

Pegasystems, a leader in customer engagement and operational efficiency software, is setting benchmarks with its AI-driven solutions. In the past year, the company has seen earnings grow by 46.3%, outpacing the software industry's average of 31.6%. This growth is underpinned by strategic product launches like Pega Customer Engagement Blueprint, which leverages generative AI to enhance real-time customer journey mapping—a crucial tool given that nearly one-third of organizations struggle with integrating these maps into broader customer experience strategies. With an R&D focus that continues to push technological boundaries, Pegasystems not only adapts to market needs but also shapes future trends in digital transformation.

• Navigate through the intricacies of Pegasystems with our comprehensive health report here.

• Review our historical performance report to gain insights into Pegasystems''s past performance.

Next Steps

• Take a closer look at our US High Growth Tech and AI Stocks list of 235 companies by clicking here.
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Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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• Find companies with promising cash flow potential yet trading below their fair value.

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.

Companies discussed in this article include NasdaqGM:SPRY NasdaqGM:URGN and NasdaqGS:PEGA.

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