The United States market has experienced a relatively stable week, maintaining its position with an 8.1% increase over the past year and earnings projected to grow by 14% annually. In this context, identifying high growth tech stocks involves looking for companies that demonstrate strong potential for expansion and innovation, aligning well with the current positive earnings forecasts.
Name | Revenue Growth | Earnings Growth | Growth Rating |
---|---|---|---|
TG Therapeutics | 26.18% | 37.61% | ★★★★★★ |
Alkami Technology | 20.45% | 85.16% | ★★★★★★ |
Travere Therapeutics | 28.43% | 65.01% | ★★★★★★ |
Clene | 61.16% | 59.11% | ★★★★★★ |
Alnylam Pharmaceuticals | 22.82% | 58.64% | ★★★★★★ |
AVITA Medical | 27.75% | 55.36% | ★★★★★★ |
Applied Optoelectronics | 58.93% | 141.15% | ★★★★★★ |
TKO Group Holdings | 22.54% | 25.17% | ★★★★★★ |
Lumentum Holdings | 21.55% | 119.67% | ★★★★★★ |
Ascendis Pharma | 32.36% | 59.79% | ★★★★★★ |
Click here to see the full list of 235 stocks from our US High Growth Tech and AI Stocks screener.
Let's review some notable picks from our screened stocks.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Netflix, Inc. is a company that offers entertainment services with a market capitalization of $406.38 billion.
Operations: The primary revenue stream for Netflix comes from its Streaming Entertainment Service, generating approximately $39 billion.
Netflix's recent performance underscores its robust position in the entertainment sector, with a notable earnings growth of 61.1% over the past year, outpacing the industry average by nearly 40%. This growth is supported by an aggressive R&D focus, as evidenced by their increased investment in innovative content and technology enhancements. Moreover, Netflix's strategic shift towards advertising and a forecasted revenue increase of 10-14% for 2025 highlight its adaptability in monetizing its expanding user base. The cancellation of the Nitro Games project reflects a refined focus on core business strengths, potentially reallocating resources to more lucrative ventures. With an operating margin improvement to 29%, up from previous years, Netflix is poised for sustained financial health amidst competitive pressures.
Gain insights into Netflix's past trends and performance with our Past report.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Okta, Inc. is a global identity management company that partners with organizations to provide secure access solutions, with a market cap of approximately $20.08 billion.
Operations: The company generates revenue primarily from its Internet Software & Services segment, totaling $2.61 billion. The business focuses on providing identity management solutions both in the United States and internationally.
Okta, a key player in the identity management sector, has demonstrated a notable turnaround by posting net income of $28 million for the fiscal year ending January 2025, compared to a substantial loss the previous year. This recovery is underscored by an impressive revenue increase to $2.61 billion from $2.26 billion, reflecting an annual growth rate of 8.8%. The company's strategic maneuvers include seeking tech tuck-ins to accelerate its roadmap and a robust R&D investment strategy that aligns with its forward-looking vision in cybersecurity solutions. Okta's recent partnerships and enhanced product offerings are set to solidify its position in managing workforce identities amidst escalating digital threats, leveraging advanced technologies like biometric authentication for superior security across hybrid environments.
Assess Okta's past performance with our detailed historical performance reports.
Simply Wall St Growth Rating: ★★★★★☆
Overview: Pure Storage, Inc. provides data storage and management technologies, products, and services globally with a market cap of $16.54 billion.
Operations: Pure Storage focuses on delivering data storage and management solutions, generating $3.17 billion from its computer storage devices segment.
Pure Storage stands out in the tech landscape with its innovative FlashBlade//EXA platform, designed to meet the rigorous demands of AI and High-Performance Computing. This new offering is set to revolutionize data storage by eliminating metadata bottlenecks and delivering unprecedented read performance of over 10 terabytes per second, showcasing Pure Storage's commitment to pushing technological boundaries. Financially, the company has shown robust growth with a reported annual revenue increase to $3.17 billion from $2.83 billion, complemented by a net income rise to $106.74 million from $61.31 million last year. Additionally, their proactive share repurchase program emphasizes confidence in their financial health and future prospects.
Explore historical data to track Pure Storage's performance over time in our Past section.
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:NFLX NasdaqGS:OKTA and NYSE:PSTG.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.