Investors are growing more optimistic about potential growth opportunities in the tech sector, as the European Central Bank’s recent interest rate cuts lift major stock indexes such as Germany’s DAX. In this environment, identifying high-growth tech stocks requires a focus on companies with robust innovation capabilities and the ability to adapt to evolving market demands.
name
increase in revenue
revenue growth
growth assessment
Formicon
32.50%
30.70%
★★★★★☆
Stroia SE KGaA
7.50%
29.71%
★★★★★☆
stemmer imaging
13.34%
23.20%
★★★★★☆
exersole
14.66%
117.10%
★★★★★☆
Partek
41.16%
63.31%
★★★★★
cyan
28.13%
71.37%
★★★★★☆
medondo holding
35.61%
82.66%
★★★★★☆
northern data
31.58%
73.23%
★★★★★☆
rubian
55.25%
67.67%
★★★★★☆
pantaflix
20.93%
113.65%
★★★★★☆
Click here to see the complete list of 41 German High Growth Technology Stocks and AI Stock Screener.
Here we highlight a subset of preferred stocks from the screener.
Simply Wall Street Growth Rating: ★★★★★☆
Overview: Northern Data AG provides high-performance computing infrastructure solutions to businesses and research institutions around the world and has a market capitalization of €2.11 billion.
Operations: The company primarily generates revenue 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 the German technology sector, is weathering a situation characterized by significant growth forecasts and recent strategic developments. The company’s sales are expected to grow by 31.6% annually, outpacing the German market’s expected growth rate of 5.5%. Although current profitability is low, it is in line with the forecast annual profit growth of 73.23%, which is above the market average, and is expected to return to profitability within three years. Recent inclusion in the S&P Global BMI Index and presentations at major investment conferences affirm the company’s active engagement with the financial community and commitment to transparency. These moves could boost investor confidence as the company moves towards an ambitious revenue target of 240 million euros for the 2024 fiscal year.
DB:NB2 revenue and revenue growth (as of October 2024)
Simply Wall Street 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 capitalization of €635.48 million.
Business Operations: The company’s main sources of revenue are from its Supply Side Platform (SSP), which generates €341.35 million, and its Demand Side Platform (DSP), which generates €57.59 million.
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Verve Group SE is expected to show solid growth with 12.5% annual revenue growth and 20.1% profit growth in Germany’s dynamic technology environment. This achievement is underlined by our strategic R&D allocation, which significantly strengthens our innovative capabilities in the digital advertising field. Recent presentations at high-profile conferences and updated revenue guidance predicting revenues of up to €420 million highlight the company’s active market engagement and adaptability. With these moves, Verve Group not only leverages current technology trends, but also establishes a solid foundation for sustained growth in the evolving digital space.
XTRA:M8G revenue and expense breakdown (as of October 2024)
Simply Wall Street Growth Rating: ★★★★☆
Overview: SAP SE and its subsidiaries provide applications, technology, and services worldwide and have a market capitalization of €250.41 billion.
Operations: SAP primarily generates revenue through software and cloud services, with a focus on enterprise resource planning (ERP) solutions. The company’s cost structure includes significant investments in research and development to enhance its technology offerings.
In a competitive technology environment, SAP SE stands out for its strong commitment to innovation, particularly through research and development investments. The company’s recent earnings report revealed a significant increase in sales for the third quarter of 2024 to 8.47 billion euros from 7.74 billion euros in the previous year, driven by strong market presence and operational efficiency. was emphasized. In particular, SAP’s strategic focus on research and development is evidenced by significant spending in this area, strengthening its capabilities in emerging technologies and maintaining its competitive edge in software solutions. . This approach not only strengthens our product offering, but also ensures that SAP remains at the forefront of technology advancements, which is essential for long-term growth in a rapidly evolving technology space.
XTRA:SAP Revenue and Revenue Growth (as of October 2024)
Just click here to see 41 hidden gems in our screening tool for German high-growth technology and AI stocks.
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This article by Simply Wall St is general in nature. We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include DB:NB2 XTRA:M8G and XTRA:SAP.
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