In the last week, the market has been flat, but it is up 9.0% over the past year with earnings forecast to grow by 14% annually. In this context of steady growth and positive earnings projections, identifying high-growth tech stocks that align with these trends can be crucial for investors seeking opportunities in the dynamic U.S. market.

Top 10 High Growth Tech Companies In The United States

Click here to see the full list of 238 stocks from our US High Growth Tech and AI Stocks screener.

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

AppLovin

Simply Wall St Growth Rating: ★★★★★☆

Overview: AppLovin Corporation develops a software-based platform that aids advertisers in improving the marketing and monetization of their content globally, with a market cap of approximately $99.57 billion.

Operations: The company generates revenue through two primary segments: Apps, contributing $1.49 billion, and Advertising, which brings in $3.22 billion. The focus is on enhancing marketing and monetization strategies for advertisers both domestically and internationally.

AppLovin's recent trajectory in the high-growth tech sector is marked by robust financial performance and strategic expansions, despite facing legal challenges. The company reported a significant increase in quarterly sales to $1.37 billion, up from $953 million year-over-year, with net income soaring to $599.2 million from $172.23 million, reflecting a remarkable annual earnings growth of 22.9%. This growth is underpinned by innovative uses of AI in its AXON 2.0 platform, enhancing ad matching efficiencies—a key driver behind their revenue surge which outpaces the US market average of 8.5% with a rate of 15.3%. However, recent allegations suggest potential ethical breaches in data handling and advertising practices that could impact future operations and investor trust despite substantial share repurchases totaling over $3 billion since 2022.

• Click to explore a detailed breakdown of our findings in AppLovin's health report.

• Assess AppLovin's past performance with our detailed historical performance reports.

CrowdStrike Holdings

Simply Wall St Growth Rating: ★★★★★☆

Overview: CrowdStrike Holdings, Inc. offers cybersecurity solutions globally, with a market cap of $87.68 billion.

Operations: CrowdStrike Holdings generates revenue primarily from its Security Software & Services segment, which accounted for $3.95 billion. The company focuses on providing cybersecurity solutions both in the United States and internationally.

CrowdStrike's recent strategic partnerships and platform enhancements underscore its robust position in the cybersecurity sector. The company's collaboration with NTT DATA enhances managed cybersecurity services through AI-native technology, addressing the increasing sophistication of cyber threats. Additionally, CrowdStrike's recent agreement with Dicker Data expands its channel ecosystem in Australia and New Zealand, capitalizing on rising regional demand for advanced cybersecurity solutions. These developments reflect CrowdStrike’s proactive approach to global cybersecurity challenges, leveraging partnerships and technology to enhance protection capabilities across diverse markets.

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

• Gain insights into CrowdStrike Holdings' past trends and performance with our Past report.

Spotify Technology

Simply Wall St Growth Rating: ★★★★★☆

Overview: Spotify Technology S.A. operates as a global provider of audio streaming subscription services, with a market capitalization of approximately $117.66 billion.

Operations: Spotify generates revenue primarily through its Premium subscription service, which accounts for €13.82 billion, and its Ad-Supported segment, contributing €1.85 billion.

Spotify Technology has demonstrated a remarkable turnaround, transitioning from a net loss to substantial profitability within the past year. With annualized revenue growth of 12.1% and earnings growth of 26.8%, the company outpaces the U.S market averages significantly. Recent strategic alliances, like the one with Warner Music Group, not only enhance Spotify's music catalog and fan experiences but also fortify its position in global music distribution through innovative royalty models and expanded licensing agreements in key markets including the U.S. This approach reflects Spotify's adaptability and its strong potential for sustained growth in an evolving digital music landscape.

• Get an in-depth perspective on Spotify Technology's performance by reading our health report here.

• Understand Spotify Technology's track record by examining our Past report.

Seize The Opportunity

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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.

Companies discussed in this article include NasdaqGS:APP NasdaqGS:CRWD and NYSE:SPOT.

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