As the European Central Bank’s recent interest rate cuts have buoyed major stock indexes, including Germany’s DAX, investors are increasingly optimistic about potential growth opportunities in the tech sector. In this environment, identifying high-growth tech stocks requires a focus on companies with robust innovation capabilities and adaptability to evolving market demands.
Name
Revenue Growth
Earnings Growth
Growth Rating
Formycon
32.50%
30.70%
★★★★★☆
Ströer SE KGaA
7.50%
29.71%
★★★★★☆
Stemmer Imaging
13.34%
23.20%
★★★★★☆
Exasol
14.66%
117.10%
★★★★★☆
ParTec
41.16%
63.31%
★★★★★★
cyan
28.13%
71.37%
★★★★★☆
medondo holding
35.61%
82.66%
★★★★★☆
Northern Data
31.58%
73.23%
★★★★★☆
Rubean
55.25%
67.67%
★★★★★☆
Pantaflix
20.93%
113.65%
★★★★★☆
Here we highlight a subset of our preferred stocks from the screener.
Simply Wall St Growth Rating: ★★★★★☆
Overview: Northern Data AG provides high-performance computing infrastructure solutions to businesses and research institutions globally, with a market capitalization of €2.11 billion.
Operations: The company generates revenue primarily from Peak Mining (€156.13 million) and Ardent Data Centers (€31.46 million), with additional contributions from Taiga Cloud (€22.13 million).
Northern Data AG, a participant in Germany’s tech sector, is navigating a landscape marked by significant growth forecasts and recent strategic developments. With revenues projected to increase at 31.6% annually, the company outpaces the German market’s 5.5% growth expectation. Despite current unprofitability, profitability is anticipated within three years, aligning with an above-market average profit growth forecast of 73.23% per year. Recent inclusion in the S&P Global BMI Index and presentations at major investment conferences underscore its active engagement with the financial community and commitment to transparency. These moves could bolster investor confidence as it strides towards its ambitious EUR 240 million revenue target for fiscal year 2024.
DB:NB2 Earnings and Revenue Growth as at Oct 2024
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Verve Group SE operates a software platform for the automated buying and selling of digital advertising space in North America and Europe, with a market cap of €635.48 million.
Operations: The company’s primary revenue streams are from Supply Side Platforms (SSP), generating €341.35 million, and Demand Side Platforms (DSP), contributing €57.59 million.
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