High Growth US Tech Stocks to Watch in August 2026

Simply Wall St.08-28 19:08

The United States market has shown a robust performance, climbing 1.2% in the last 7 days and an impressive 18% over the past year, with earnings projected to grow by 17% annually in the coming years....

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In such a dynamic environment, identifying high growth tech stocks involves looking at companies that not only exhibit strong revenue growth but also demonstrate innovation and adaptability to capitalize on emerging trends.AdvertisementTop 10 High Growth Tech Companies In The United StatesNameRevenue GrowthEarnings GrowthGrowth RatingFabrinet21.13%21.40%★★★★★★Coherent30.47%43.92%★★★★★★TG Therapeutics21.54%21.27%★★★★★★Lumentum Holdings40.63%104.45%★★★★★★Marker Therapeutics67.36%72.46%★★★★★★Praxis Precision Medicines64.63%71.68%★★★★★★Insmed32.19%66.75%★★★★★★Madrigal Pharmaceuticals27.97%63.67%★★★★★★Travere Therapeutics24.31%53.11%★★★★★★Precigen34.82%55.42%★★★★★★Click here to see the full list of 19 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.Palantir Technologies (PLTR)Simply Wall St Growth Rating: ★★★★★★Overview: Palantir Technologies Inc. develops software platforms for intelligence and counterterrorism operations globally, with a market cap of $426.54 billion.Operations: Palantir Technologies generates revenue primarily from two segments: Commercial ($2.95 billion) and Government ($3.21 billion). The company focuses on providing software solutions for intelligence and counterterrorism efforts across various regions, including the United States and the United Kingdom.Palantir Technologies has demonstrated robust growth, with earnings surging by 295.2% over the past year, significantly outpacing the software industry's average of 22.6%. This performance is bolstered by a strategic focus on expanding its technological footprint within U.S. defense and government sectors, as evidenced by recent collaborations aimed at enhancing operational efficiencies through AI-driven solutions. Notably, its R&D commitment remains strong, aligning with revenue increases to fuel innovation and maintain competitive advantage in rapidly evolving tech landscapes. These efforts are expected to sustain high earnings growth of 32.9% annually, reflecting both the company's aggressive expansion strategy and its pivotal role in advanced data analytics solutions across various industries.Dive into the specifics of Palantir Technologies here with our thorough health report.Learn about Palantir Technologies'  historical performance.PLTR Revenue and Expenses Breakdown as at Aug 2026Fabrinet (FN)Simply Wall St Growth Rating: ★★★★★★Overview: Fabrinet offers optical packaging and precision manufacturing services across North America, the Asia-Pacific, Europe, and internationally with a market cap of $15.69 billion.Operations: Fabrinet generates revenue primarily from its optical networking equipment segment, which accounts for $4.64 billion. The company's operations encompass optical packaging and precision manufacturing services globally, contributing to its significant market presence.Fabrinet has recently showcased a robust financial performance, with Q4 sales jumping to $1.32 billion from $909.69 million the previous year and net income rising to $139.26 million, up from $87.21 million, reflecting a dynamic growth trajectory in the tech sector. This surge is underpinned by strategic advancements in AI technologies and precision manufacturing for complex optical and electronic devices, sectors poised for significant expansion due to increasing demand across various industries. Looking ahead, Fabrinet anticipates revenue between $1.375 billion and $1.425 billion for the next quarter, suggesting sustained growth momentum driven by innovative product offerings and strong market positioning within high-tech industries.Click to explore a detailed breakdown of our findings in Fabrinet's health report.Evaluate Fabrinet's historical performance by accessing our past performance report.FN Revenue and Expenses Breakdown as at Aug 2026Oracle (ORCL)Simply Wall St Growth Rating: ★★★★★★Overview: Oracle Corporation provides products and services for enterprise IT frameworks globally, with a market cap of approximately $428.82 billion.Operations: Oracle generates revenue primarily from its Cloud and software segment, contributing $58.53 billion, followed by Services at $5.74 billion and Hardware at $3.08 billion.Oracle's recent strides in AI and cloud computing are reshaping its market stance, evidenced by a 24.7% annual revenue growth and a robust 36.5% increase in earnings over the past year, surpassing the software industry average of 22.6%. At the forefront of innovation, Oracle Health introduced new AI capabilities that streamline clinical workflows, enhancing productivity across healthcare systems—a sector ripe with digital transformation opportunities. Moreover, strategic alliances like the expanded collaboration with Amazon Web Services amplify Oracle's influence in cloud services, promising to accelerate customer transitions to AI-enhanced databases and fostering sustained growth in a competitive tech landscape.Take a closer look at Oracle's potential here in our health report.Review our historical performance report to gain insights into Oracle's's past performance.ORCL Revenue and Expenses Breakdown as at Aug 2026Seize The OpportunityInvestigate our full lineup of 19 US High Growth Tech and AI Stocks right here.Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.Curious About Other Options?Explore high-performing small cap companies that haven't yet garnered significant analyst attention.Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.Find companies with promising cash flow potential yet trading below their fair value.  This article by Simply Wall St is general in nature. We provide commentary based on historical data \n    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 \n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data. \n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. \n    Simply Wall St has no position in any stocks mentioned.New: Manage All Your Stock Portfolios in One PlaceWe've created the ultimate portfolio companion for stock investors, and it's free.• Connect an unlimited number of Portfolios and see your total in one currency• Be alerted to new Warning Signs or Risks via email or mobile• Track the Fair Value of your stocksTry a Demo Portfolio for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. 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