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U.S. Market Analysis & Valuation

UpdatedMay 12, 2026
DataAggregated Company Financials
Companies7789
  • 7D2.6%
  • 3M6.1%
  • 1Y26.2%
  • YTD7.5%

The market has climbed 2.6% in the last 7 days, lead by the Information Technology sector with a gain of 7.5%. Meanwhile, the Energy sector has underperformed, shrinking 3.9% in that time. As for the past 12 months, the market is up 26%. Earnings are forecast to grow by 17% annually.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the U.S. Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 12 May 2026US$72.6tUS$24.1tUS$2.4t19x30x3x
Thu, 09 Apr 2026US$69.7tUS$23.7tUS$2.3t19.1x30.2x2.9x
Sat, 07 Mar 2026US$71.4tUS$23.7tUS$2.3t18.9x31.1x3x
Mon, 02 Feb 2026US$72.9tUS$23.9tUS$2.3t19.2x31.1x3x
Wed, 31 Dec 2025US$72.3tUS$23.2tUS$2.3t19x31.6x3.1x
Fri, 28 Nov 2025US$71.3tUS$23.1tUS$2.3t18.7x31.3x3.1x
Sun, 26 Oct 2025US$71.6tUS$22.8tUS$2.3t18.9x31.8x3.1x
Tue, 23 Sep 2025US$70.7tUS$22.9tUS$2.2t19.3x32.3x3.1x
Thu, 21 Aug 2025US$67.1tUS$23.0tUS$2.2t18.7x31.1x2.9x
Sat, 19 Jul 2025US$66.0tUS$22.5tUS$2.1t18.7x31.4x2.9x
Mon, 16 Jun 2025US$62.3tUS$22.5tUS$2.1t17.7x29.7x2.8x
Wed, 14 May 2025US$61.0tUS$22.4tUS$2.1t17.9x29.1x2.7x
Fri, 11 Apr 2025US$56.3tUS$21.9tUS$2.1t16x27.4x2.6x
Sun, 09 Mar 2025US$60.2tUS$21.9tUS$2.0t17.5x29.3x2.7x
Tue, 04 Feb 2025US$63.8tUS$22.1tUS$2.0t18.5x31.8x2.9x
Thu, 02 Jan 2025US$61.7tUS$22.0tUS$1.9t18.3x31.9x2.8x
Sat, 30 Nov 2024US$63.7tUS$22.0tUS$1.9t19.6x33x2.9x
Mon, 28 Oct 2024US$60.2tUS$21.7tUS$1.9t18x32.2x2.8x
Wed, 25 Sep 2024US$59.2tUS$21.5tUS$1.9t18.2x31.8x2.7x
Fri, 23 Aug 2024US$57.9tUS$21.5tUS$1.8t17.8x31.4x2.7x
Sun, 21 Jul 2024US$57.2tUS$21.3tUS$1.8t17.7x31x2.7x
Tue, 18 Jun 2024US$56.1tUS$21.3tUS$1.8t16.7x30.5x2.6x
Thu, 16 May 2024US$54.3tUS$21.2tUS$1.8t17.5x30x2.6x
Sat, 13 Apr 2024US$54.1tUS$21.1tUS$1.8t16.6x29.2x2.6x
Mon, 11 Mar 2024US$53.4tUS$21.1tUS$1.8t16.5x29x2.5x
Wed, 07 Feb 2024US$51.5tUS$21.0tUS$1.8t16.2x29x2.4x
Fri, 05 Jan 2024US$49.2tUS$21.0tUS$1.8t16.7x28x2.3x
Sun, 03 Dec 2023US$48.1tUS$21.0tUS$1.8t16.2x27.5x2.3x
Tue, 31 Oct 2023US$43.6tUS$21.0tUS$1.7t14.8x25.1x2.1x
Thu, 28 Sep 2023US$45.1tUS$21.0tUS$1.7t15.3x26.3x2.2x
Sat, 26 Aug 2023US$46.3tUS$20.9tUS$1.7t15.6x27x2.2x
Mon, 24 Jul 2023US$48.0tUS$21.0tUS$1.7t15.7x28.7x2.3x
Wed, 21 Jun 2023US$46.4tUS$20.9tUS$1.7t15.2x27.9x2.2x
Fri, 19 May 2023US$44.3tUS$21.0tUS$1.7t14.8x26.6x2.1x
Price to Earnings Ratio

26.6x


Total Market Cap: US$44.3tTotal Earnings: US$1.7tTotal Revenue: US$21.0tTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Market Price to Earnings3Y Average 29.9x202420252026
Current Market PE
  • Investors are relatively neutral on the American market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading at a PE ratio close to its 3-year average PE ratio of 29.9x.
Past Earnings Growth
  • The earnings for American listed companies have grown 13% per year over the last three years.
  • Revenues for these companies have grown 4.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the U.S. Market?

US Market2.58%
Tech7.51%
Materials4.79%
Industrials2.36%
Consumer Discretionary1.71%
Real Estate1.51%
Telecom0.011%
Financials-0.47%
Healthcare-0.94%
Consumer Staples-0.97%
Utilities-2.33%
Energy-3.94%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 65.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 17.9%, which is higher than its past year's earnings growth of 14.2% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 17.7x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Real Estate sector is expected to see its earnings grow by 7.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
NVDA NVIDIAUS$219.4410.6%
+US$509.2b		78.4%PE44.4xTech
MU Micron TechnologyUS$795.3338.0%
+US$246.8b		761.8%PE37.2xTech
AAPL AppleUS$292.685.7%
+US$232.8b		38.8%PE35.1xTech
TSLA TeslaUS$445.0014.3%
+US$208.9b		33.2%PE432.8xConsumer Discretionary
AMD Advanced Micro DevicesUS$458.7934.3%
+US$191.3b		324.3%PE151.7xTech
See more

Market Insights

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Latest News

META
US$598.86
Meta Platforms
7D
-1.9%
1Y
-6.3%
Seeking Alpha • 3h

Meta: Reiterating Strong Buy After The Post-Earnings Drawdown

Summary Meta Platforms remains a Strong Buy, trading over 20% below its all-time high despite robust operational performance and attractive valuation multiples. META's Q1 saw a double beat, with 33.1% Y/Y revenue growth and strong ad business momentum driven by AI-powered improvements in impressions and pricing. CapEx guidance increased to $125B–$145B due to HBM memory shortages, but management is reallocating capital from labor to compute, maintaining total expense discipline. Valuation is compelling at a 19.94x non-GAAP P/E and 14.21x EV/EBITDA, with bullish and base-case price targets of $920 (+51%) and $815 (+34%), respectively. Read the full article on Seeking Alpha
NVDA
US$219.44
NVIDIA
7D
10.6%
1Y
78.4%
INTC
US$129.44
Intel
7D
35.1%
1Y
483.6%
AMZN
US$268.99
Amazon.com
7D
-1.1%
1Y
28.9%
SHOP
US$102.54
Shopify
7D
-19.6%
1Y
-1.7%
MU
US$795.33
Micron Technology
7D
38.0%
1Y
761.8%
TSLA
US$445.00
Tesla
7D
14.3%
1Y
33.2%
AMD
US$458.79
Advanced Micro Devices
7D
34.3%
1Y
324.3%
APH
US$122.47
Amphenol
7D
-13.2%
1Y
45.0%
PLTR
US$136.89
Palantir Technologies
7D
-6.3%
1Y
15.6%
GOOGL
US$388.64
Alphabet
7D
1.4%
1Y
145.3%
AAPL
US$292.68
Apple
7D
5.7%
1Y
38.8%
NFLX
US$85.45
Netflix
7D
-6.1%
1Y
-23.0%
ANET
US$136.43
Arista Networks
7D
-21.0%
1Y
47.8%
QCOM
US$237.53
QUALCOMM
7D
41.1%
1Y
56.1%
WMT
US$127.59
Walmart
7D
-2.1%
1Y
31.9%
Seeking Alpha • May 06

Walmart: Tough To Justify This Valuation

Summary Walmart has successfully transitioned to the second-largest U.S. e-commerce player, but its valuation has reached extremely stretched levels. Wall Street analysts rate WMT a Strong Buy, driven by optimism for long-term margin expansion and steady growth; Seeking Alpha analysts remain cautious due to premium multiples. Recent margin improvements stem from profitable e-commerce, growing advertising revenues (+37% to $6.4B), and higher membership fees, but these remain a small portion of total revenue. Despite its consumer staple status, WMT's low yield (0.73%) and high P/E (45x) diminish its defensive appeal; I remain on the sidelines given the limited margin of safety. Read the full article on Seeking Alpha