Over the last 7 days, the United States market has dropped 1.4%, but it is up 21% over the past year with earnings forecast to grow by 15% annually. In this dynamic environment, identifying high growth tech stocks that can capitalize on these trends is crucial for investors looking to maximize their returns.

Top 10 High Growth Tech Companies In The United States

Click here to see the full list of 248 stocks from our US High Growth Tech and AI Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Kanzhun

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Kanzhun Limited, along with its subsidiaries, offers online recruitment services in the People’s Republic of China and has a market cap of approximately $5.40 billion.

Operations: Kanzhun Limited generates revenue primarily from its online recruitment services, with the Internet Information Providers segment contributing CN￥6.81 billion. The company's gross profit margin stands at 88.50%.

Kanzhun's recent earnings report for the half year ended June 30, 2024, revealed a significant revenue increase to ￥3.62 billion from ￥2.77 billion last year, alongside net income rising to ￥666.68 million from ￥342.26 million. The company's R&D expenses have been instrumental in driving innovation and growth, contributing to its projected annual earnings growth of 21.2%, outpacing the US market's 15%. Additionally, Kanzhun expects Q4 revenues between ￥1.90 billion and ￥1.92 billion, reflecting an anticipated year-on-year increase of up to 19.5%.

• Unlock comprehensive insights into our analysis of Kanzhun stock in this health report.

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

nCino

Simply Wall St Growth Rating: ★★★★☆☆

Overview: nCino, Inc. is a software-as-a-service company that offers cloud-based software applications to financial institutions globally, with a market cap of approximately $3.47 billion.

Operations: nCino generates revenue primarily through its software and programming segment, which brought in $506.13 million. The company focuses on providing cloud-based solutions to financial institutions across the United States and internationally.

Software firms are increasingly moving to SaaS models, ensuring recurring revenue from subscriptions. nCino's revenue growth of 14.5% per year outpaces the US market's 8.7%, driven by its innovative banking solutions and strong client base including major financial institutions. Despite a net loss reduction to $11.04 million in Q2 2024 from $15.88 million last year, earnings are forecasted to grow at an impressive rate of 93.38% annually as the company aims for profitability within three years. Investing heavily in R&D, nCino allocated significant resources towards innovation with expenses contributing substantially to future growth prospects; this strategic focus on development underpins its competitive edge in the fintech space. The company's guidance for Q3 revenues between $136 million and $138 million reflects continued momentum, while ongoing efforts like board declassification indicate robust corporate governance practices aimed at long-term stability and shareholder value enhancement.