In this article, we will be taking a look at the 10 High Growth Technology Stocks That Are Profitable.
Fairlead’s Katie Stockton spoke on the S&P 500’s recent three-month slump in momentum on CNBC’s Closing Bell Overtime on January 24. According to Stockton, the underperformance of large-cap technology equities since late October has reduced their intermediate-term momentum. She pointed out that despite this, the market has continued to hold higher lows since November and suggested a consolidation at all-time highs rather than a notable fall. Stockton also described the current situation as a corrective phase that could lead to an oversold bounce and emphasized the critical role that tech leaders have in driving market developments.
Although the biggest tech firms, dubbed the “Mag 7” by Bank of America analyst Michael Hartnett in 2023, receive most of the attention, Stockton noted that the tech industry also has a vast number of small and mid-cap firms, many of which are trading for less than $10. Retail investors may find these less well-known equities to be appealing entry points, especially in light of AI’s increasing prominence as a major growth driver.
In a January 23 interview with CNBC, Wedbush Securities Managing Director Dan Ives predicted a “monstrously bullish” 2026 tech earnings season, pointing out that present values have not yet reflected this potential. Ives also identified software, cybersecurity, and chip manufacturing as key growth subsectors. He continued by saying that while many corporate leaders visiting the World Economic Forum in Davos (January 19–23) spoke with tech executives about foreign investment potential, interest in U.S. tech investments has increased internationally.
With that being said, let’s now take a look at the best high growth technology stocks.
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Our Methodology
Our methodology started by filtering technology stocks with at least 20% revenue growth over the past five years and net profit margins of 15% or higher. From this filtered group, we selected the top 10 stocks and ranked them in ascending order based on their revenue growth.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Here is our list of the 10 high growth technology stocks that are profitable.
10. Fortinet, Inc. (NASDAQ:FTNT)
Revenue Growth (5y): 21.61%
Net Profit Margin: 28.58%
Fortinet, Inc. (NASDAQ:FTNT) stands tenth on our list of high growth stocks.
TheFly reported on January 29 that Rosenblatt upgraded FTNT from Neutral to Buy and lifted the price target to $100 from $85 ahead of the company’s Q4 earnings on February 5. The upgrade reflects stronger demand observed through reseller checks, which is driven by a widespread hardware refresh replacing older Cisco firewalls, solid sales execution, and supportive tax incentives, positioning Fortinet for an upside quarter.
Two days earlier, on January 27, Fortinet, Inc. (NASDAQ:FTNT) unveiled updates to its FortiCNAPP platform, which is aimed at helping companies better identify and prioritize cloud issues. The improvements allow security experts to focus on the most serious threats by combining configuration, identity exposure, vulnerabilities, network enforcement, data sensitivity, and runtime behavior into a unified workflow.
Fortinet, Inc. (NASDAQ:FTNT) is a global cybersecurity company that helps businesses and governments protect their networks, data, and devices from cyber threats. Its solutions combine network, cloud, and threat protection to keep digital systems secure, reliable, and efficient.
9. Amphenol Corporation (NYSE:APH)
Revenue Growth (5y): 21.85%
Net Profit Margin: 18.49%
One of the best high growth tech stocks on our list is Amphenol Corporation (NYSE:APH).
TheFly reported on January 29 that Seaport Research increased its price target on APH to $210 from $200 and gave it a Buy rating. The firm stated that it still sees further upside in comparison to its projections, even with high consensus estimates.
Similarly, on the same day, Citi analyst Asiya Merchant also increased the price target on Amphenol Corporation (NYSE:APH) to $180 from $175 and maintained a Buy rating. Despite the positive results, the stock fell after the earnings announcement, and Citi pointed out that the company usually offers a conservative outlook.
Amphenol Corporation (NYSE:APH) is a leading manufacturer of electronic and fiber optic connectors, cables, and interconnect systems. Its products serve industries like automotive, aerospace, defense, and industrial, helping ensure reliable and high-performance connections in critical electronic and communication systems worldwide.
8. Rambus Inc. (NASDAQ:RMBS)
Revenue Growth (5y): 22.30%
Net Profit Margin: 33.72%
Rambus Inc. (NASDAQ:RMBS) is among the best high growth stocks.
TheFly reported on January 22 that William Blair initiated coverage of RMBS with an Outperform rating and did not assign a price target. The firm emphasized RMBS’s more than 40% market position in clock driver interface circuits and regarded it as a top supplier of DRAM memory solutions. Blair expects the company to profit from higher pricing and growing demand connected to server DRAM and AI-focused data center expansions.
In addition, Rambus Inc. (NASDAQ:RMBS) announced GAAP revenue of $178.5 million at its Q3 2025 financial announcement for the quarter that concluded on September 30. This comprised $20.1 million from contract and other revenue, $66.1 million from license billings, and $93.3 million from product sales. During the quarter, the business also made $88.4 million in cash from its operations.
Moreover, RMBS stated it will report its Q4 2025 financial results on February 2.
Rambus Inc. (NASDAQ:RMBS) is a technology company that designs advanced memory and security solutions. It licenses its innovations to chipmakers, which helps improve data speed, efficiency, and protection across data centers, artificial intelligence, and consumer electronics.
7. Dynatrace, Inc. (NYSE:DT)
Revenue Growth (5y): 24.55%
Net Profit Margin: 27.32%
The next stock on our list of high growth stocks is Dynatrace, Inc. (NYSE:DT).
TheFly reported on January 21 that TD Cowen lowered its price target on DT to $55 from $65 and maintained a Buy rating. The firm expects the company to deliver results above expectations and increase guidance for constant-currency ARR, and also added that the second-half net new ARR outlook appears less risky than previously assumed.
Recently, on January 28, at its annual Perform user conference, Dynatrace, Inc. (NYSE:DT) introduced Dynatrace Intelligence, which is an agentic operations platform that combines deterministic and agentic AI. The company said the system is built to monitor and optimize dynamic AI workloads, enabling dependable AI-driven observability that supports more resilient applications, improved customer experiences, and autonomous actions across modern digital environments.
Dynatrace, Inc. (NYSE:DT) is an AI-powered observability and application security company providing a unified SaaS platform for enterprises. Its software delivers real-time insights to simplify and manage complex hybrid and multi-cloud IT environments.
6. Nextpower Inc. (NASDAQ:NXT)
Revenue Growth (5y): 27%
Net Profit Margin: 16.43%
Nextpower Inc. (NASDAQ:NXT) stands sixth on our list of best high growth tech stocks.
TheFly reported on January 29 that Deutsche Bank increased its price target on NXT to $119 from $109 and reiterated a Buy rating. The firm cited the company’s latest results as another “beat and raise” quarter and supported the higher valuation.
Similarly, on the same day, Barclays analyst Christine Cho also raised the price target on Nextpower Inc. (NASDAQ:NXT) to $115 from $108 and maintained an Overweight rating. The revision follows a fiscal Q3 performance that exceeded expectations across all areas, with Barclays noting that the company’s forward outlook appears conservative.
Nextpower Inc. (NASDAQ:NXT) is an energy-focused company that develops and invests in renewable power solutions. It aims to support the transition to clean energy by building and operating projects that deliver reliable, sustainable electricity for long-term growth.
5. Nova Ltd. (NASDAQ:NVMI)
Revenue Growth (5y): 27.04%
Net Profit Margin: 28.73%
The fifth stock on our list is Nova Ltd. (NASDAQ:NVMI).
TheFly reported on January 20 that Needham upgraded NVMI from Hold to Buy with a $500 price target. The firm noted that improving conditions in the semiconductor equipment sector are expected to benefit NVMI and its peers, while the company’s unique exposure to China’s memory wafer fabrication market could drive further outperformance this year. Recent commentary from the Needham Growth Conference highlighted strong demand trends across the industry.
Separately, earlier on January 13, Bank of America raised its price target on Nova Ltd. (NASDAQ:NVMI) to $450 from $380 while keeping a Buy rating. The firm noted a stronger multi-year demand outlook for the semiconductor equipment sector, along with increased customer diversification and potential for higher free cash flow in the upturn.
Nova Ltd. (NASDAQ:NVMI) is an Israel-based company providing advanced metrology and process control solutions for semiconductor manufacturing, using X-ray, optical technologies, and software to improve yield and performance for foundry, memory, and logic chipmakers.
4. Exodus Movement, Inc. (NYSE:EXOD)
Revenue Growth (5y): 27.07%
Net Profit Margin: 78.79%
Exodus Movement, Inc. (NYSE:EXOD) is placed fourth on our list of high growth stocks.
TheFly reported on January 8 that BTIG lowered its price target on EXOD to $30 from $40 and maintained a Buy rating. The firm lowered its FY26 and FY27 expectations based on more cautious volume assumptions, which came after the December Treasury report and monthly operating indicators.
Exodus Movement, Inc. (NYSE:EXOD) said on the same day that its corporate treasury owned 1,704 Bitcoin as of December 31, 2025, compared to 1,902 Bitcoin at the end of November. In addition to reporting 1.5 million monthly active users and keeping a debt-free balance sheet, the company showed disciplined capital management during ongoing product expansion.
Exodus Movement, Inc. (NYSE:EXOD) is a fintech company offering a self-custody cryptocurrency wallet that lets users securely store, manage, and exchange 100+ digital assets, with features like staking, NFT support, and integrated third-party exchanges.
3. Monolithic Power Systems, Inc. (NASDAQ:MPWR)
Revenue Growth (5y): 27.885%
Net Profit Margin: 71.22%
Monolithic Power Systems, Inc. (NASDAQ:MPWR) stands third on our list of high growth stocks.
TheFly reported on January 29 that Oppenheimer increased its price target for MPWR to $1,300 from $1,200 while maintaining an Outperform rating. The firm noted robust demand from the automotive and artificial intelligence sectors as major drivers and underlined upside potential in the upcoming Q4 results and the Q1 outlook.
Furthermore, Wells Fargo maintained its Overweight rating and increased its price target for Monolithic Power Systems, Inc. (NASDAQ:MPWR) from $1,125 to $1,200 earlier on January 26. The company reported that after CES, sector mood improved, with demand patterns offering marginally better visibility. Investors reacted favorably, concurring that additional share gains may be supported by upward estimate revisions.
Monolithic Power Systems, Inc. (NASDAQ:MPWR) designs high-performance analog and mixed-signal power solutions that maximize energy efficiency. It serves cloud, automotive, industrial, and consumer markets. Its compact, integrated “monolithic” technology reduces power consumption and enhances performance.
2. Palantir Technologies Inc. (NASDAQ:PLTR)
Revenue Growth (5y): 31.26%
Net Profit Margin: 28.11%
Palantir Technologies Inc. (NASDAQ:PLTR) is placed second on our list.
TheFly reported on January 22 that Phillip Securities initiated coverage of PLTR with a Buy rating and a $208 price target. The firm highlighted the company’s modest penetration of its total addressable market and noted that its AI software growth is exceeding 25% annually, which could drive substantial upside as the addressable market continues to expand.
Furthermore, Innodata (INOD) declared on January 29 that it will offer Palantir Technologies Inc. (NASDAQ:PLTR) with high-quality training data and data engineering services to enhance PLTR’s AI-powered rodeo analysis platforms. In order to enable computer vision models to recognize animals, riders, and skeleton joints and produce automated performance measures for bull riding, bronc riding, bareback riding, and barrel racing, Innodata will handle annotation and multimodal data processing for thousands of hours of rodeo film.
Palantir Technologies Inc. (NASDAQ:PLTR) builds software platforms like Gotham and Foundry that help governments and businesses integrate, analyze, and act on large datasets using AI and machine learning, supporting sectors from defense to healthcare, finance, and automotive.
1. Uber Technologies, Inc. (NYSE:UBER)
Revenue Growth (5y): 35.41%
Net Profit Margin: 33.54%
Uber Technologies, Inc. (NYSE:UBER) tops our list for being one of the high growth stocks.
TheFly reported on January 30 that BofA Securities analyst Justin Post reduced UBER’s price target to $93 from $96 and reiterates a Buy rating. Post considers the uncertainties surrounding autonomous vehicles to be a near-term overhang, and the revision reflects this impact on valuation. He did point out that steady revenue growth, better margins in 2025, and a stabilized AV outlook would eventually support valuation expansion.
Uber Technologies, Inc. (NYSE:UBER) announced the creation of AV Labs earlier on January 27. AV Labs is an internal team dedicated to using real-world data to further the development of autonomous vehicles. By creating a massive data flywheel that records uncommon and intricate driving situations seen in real-world operations, the team intends to tackle one of autonomy’s major problems. According to UBER, AV Labs will transform these edge-case occurrences into superior training data, facilitating faster learning for autonomous systems and advancing the autonomy ecosystem as a whole.
Uber Technologies, Inc. (NYSE:UBER) is a global technology platform that connects users to rides, food delivery, and freight services. It operates worldwide and has expanded into logistics, transit, and advertising, achieving its first annual operating profit in 2023.
While we acknowledge the potential of UBER to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UBER and that has 100x upside potential, check out our report about this cheapest AI stock.
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