Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Market Analysis & Valuation

UpdatedMay 01, 2026
DataAggregated Company Financials
Companies7797
  • 7D0.6%
  • 3M3.8%
  • 1Y28.7%
  • YTD4.9%

Over the last 7 days, the market has remained flat, although notably the Energy sector gained 4.2% in that time. Meanwhile, the market is actually up 29% over the past year. Earnings are forecast to grow by 16% 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
Fri, 01 May 2026US$74.8tUS$23.9tUS$2.4t19.4x31.2x3.1x
Sun, 29 Mar 2026US$66.9tUS$23.7tUS$2.3t18.2x29x2.8x
Tue, 24 Feb 2026US$72.5tUS$23.6tUS$2.3t19.1x31.8x3.1x
Thu, 22 Jan 2026US$71.7tUS$23.2tUS$2.3t19.5x31.3x3.1x
Sat, 20 Dec 2025US$71.1tUS$23.2tUS$2.3t19x31.1x3.1x
Mon, 17 Nov 2025US$70.3tUS$23.1tUS$2.3t18.2x31x3x
Wed, 15 Oct 2025US$70.1tUS$22.9tUS$2.2t18.7x31.9x3.1x
Fri, 12 Sep 2025US$68.9tUS$22.9tUS$2.2t19.3x31.6x3x
Sun, 10 Aug 2025US$66.8tUS$22.7tUS$2.2t18.5x31x2.9x
Tue, 08 Jul 2025US$65.6tUS$22.5tUS$2.1t18.5x31.3x2.9x
Thu, 05 Jun 2025US$62.2tUS$22.5tUS$2.1t17.8x29.7x2.8x
Sat, 03 May 2025US$58.3tUS$22.0tUS$2.1t17.5x27.7x2.7x
Mon, 31 Mar 2025US$58.0tUS$21.9tUS$2.1t17.5x28.3x2.6x
Wed, 26 Feb 2025US$62.7tUS$21.9tUS$2.0t18.1x30.7x2.9x
Fri, 24 Jan 2025US$64.2tUS$22.0tUS$2.0t19x32.5x2.9x
Sun, 22 Dec 2024US$62.3tUS$22.0tUS$1.9t18.3x32.2x2.8x
Tue, 19 Nov 2024US$61.7tUS$22.0tUS$1.9t19x32.3x2.8x
Thu, 17 Oct 2024US$60.5tUS$21.6tUS$1.9t18.7x32.4x2.8x
Sat, 14 Sep 2024US$57.7tUS$21.5tUS$1.9t18x31x2.7x
Mon, 12 Aug 2024US$55.2tUS$21.5tUS$1.8t17.2x29.8x2.6x
Wed, 10 Jul 2024US$57.6tUS$21.3tUS$1.8t16.6x31.4x2.7x
Fri, 07 Jun 2024US$55.3tUS$21.3tUS$1.8t16.9x30.2x2.6x
Sun, 05 May 2024US$53.3tUS$21.2tUS$1.8t17.1x29x2.5x
Tue, 02 Apr 2024US$54.8tUS$21.1tUS$1.8t17.4x29.7x2.6x
Thu, 29 Feb 2024US$53.0tUS$21.1tUS$1.8t16.4x28.7x2.5x
Sat, 27 Jan 2024US$51.1tUS$21.1tUS$1.8t16.9x29.1x2.4x
Mon, 25 Dec 2023US$50.1tUS$21.0tUS$1.8t16.9x28.5x2.4x
Wed, 22 Nov 2023US$47.2tUS$21.0tUS$1.7t15.9x27.1x2.2x
Fri, 20 Oct 2023US$44.8tUS$21.0tUS$1.7t15x26x2.1x
Sun, 17 Sep 2023US$46.9tUS$20.9tUS$1.7t15.6x27.4x2.2x
Tue, 15 Aug 2023US$47.7tUS$20.9tUS$1.7t16x28.1x2.3x
Thu, 13 Jul 2023US$47.4tUS$21.0tUS$1.7t15.6x28.5x2.3x
Sat, 10 Jun 2023US$45.6tUS$21.0tUS$1.7t15x27.4x2.2x
Mon, 08 May 2023US$43.3tUS$21.0tUS$1.6t14.6x26.4x2.1x
Price to Earnings Ratio

26.4x


Total Market Cap: US$43.3tTotal Earnings: US$1.6tTotal 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 4.5% 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 Market0.59%
Energy4.18%
Telecom3.61%
Consumer Discretionary1.34%
Utilities1.20%
Real Estate0.60%
Consumer Staples0.60%
Financials0.58%
Industrials0.22%
Healthcare-0.42%
Tech-0.62%
Materials-1.31%
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 16.6%, which is higher than its past year's earnings growth of 10.0% 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 14% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 8.6% 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
GOOGL AlphabetUS$384.8011.7%
+US$489.5b		134.6%PE29.1xTelecom
AMZN Amazon.comUS$265.063.9%
+US$107.3b		39.4%PE31.4xConsumer Discretionary
AMD Advanced Micro DevicesUS$354.4916.1%
+US$80.1b		266.8%PE135.4xTech
INTC IntelUS$94.4814.5%
+US$60.0b		358.2%PS8.8xTech
QCOM QUALCOMMUS$179.5834.1%
+US$48.7b		32.8%PE19.3xTech
See more

Market Insights

Header cover image
We’re starting to see the second-order impact of Strait of Hormuz’s extended closure on other industries and in Q1 2026 reports - and it’s far more than just fuel and gas.
Continue reading
China's next winners have been chosen

Latest News

AAPL
US$271.35
Apple
7D
-0.8%
1Y
27.2%
GOOGL
US$384.80
Alphabet
7D
11.7%
1Y
134.6%
V
US$329.84
Visa
7D
6.8%
1Y
-3.7%
MSFT
US$407.78
Microsoft
7D
-4.0%
1Y
-6.3%
QCOM
US$179.58
QUALCOMM
7D
34.1%
1Y
32.8%
META
US$611.91
Meta Platforms
7D
-9.4%
1Y
2.5%
ORCL
US$161.39
Oracle
7D
-8.4%
1Y
10.9%

Oracle's AI Future: Undervalued Infrastructure

Apr 30
AMD
US$354.49
Advanced Micro Devices
7D
16.1%
1Y
266.8%

AMD: Meta And OpenAI GPU Deals Will Pressure Future Margins

Analysts have raised AMD’s fair value estimate from $213.89 to $225.00. The revision reflects updated views that incorporate higher modeled revenue growth, lower profit margins tied to recent Meta and OpenAI GPU deals, and a higher future P/E assumption in light of recent price target changes across Wall Street.
GEV
US$1,083.46
GE Vernova
7D
-5.7%
1Y
183.4%

GE Vernova (NYSE:GEV) Is Posting Healthy Earnings, But It Is Not All Good News

Apr 29
GE Vernova (NYSE:GEV) Is Posting Healthy Earnings, But It Is Not All Good News
SPOT
US$446.55
Spotify Technology
7D
-13.4%
1Y
-25.9%

SPOT: Future Margin Expansion Will Rely On Recurring Price Hikes

Analysts trimmed Spotify Technology's fair value estimate slightly to $786.63. This reflects lower price targets across several firms, balanced by views that improved profit margins and an updated future P/E assumption still support the long-term case.
AMZN
US$265.06
Amazon.com
7D
3.9%
1Y
39.4%

Amazon Can Leverage Its Strengths To $400 By 2028

Apr 28
INTC
US$94.48
Intel
7D
14.5%
1Y
358.2%

INTC: Advanced Packaging Execution Will Eventually Confront Elevated Expectations

Intel's updated analyst price target moves from $47.11 to $75.42 as analysts factor in higher modeled revenue growth, wider profit margins, a lower assumed discount rate, and a reduced future P/E estimate. Analyst Commentary Recent research activity around Intel has been heavy, with many firms revisiting their models and price targets.
TSLA
US$381.63
Tesla
7D
2.1%
1Y
36.0%

TSLA: Autonomy And Safety Set To Pressure Rich Future Earnings Multiple

Tesla's analyst fair value estimate has shifted from about $118.61 to roughly $175.78. Analysts point to mixed but generally constructive updates on price targets, as well as ongoing debates over autonomy, AI progress, and Q1 execution as key drivers of the change.
CMCSA
US$27.04
Comcast
7D
-14.5%
1Y
-20.0%
NVDA
US$199.57
NVIDIA
7D
-4.2%
1Y
74.3%

Nvidia: The $31 Billion Footnote Nobody's Talking About

Apr 27
CAT
US$890.11
Caterpillar
7D
6.6%
1Y
183.5%

Caterpillar: The 43x P/E Data Center Trap

Apr 26