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U.S. Healthtech Industry Analysis

UpdatedJun 10, 2026
DataAggregated Company Financials
Companies70
  • 7D-6.7%
  • 3M-7.2%
  • 1Y-46.8%
  • YTDn/a

Over the last 7 days, the Healthtech industry has dropped 10%, driven by Veeva Systems declining 11%. On the other hand Evolent Health is actually up 12%. The industry has fallen 46% in the last year. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 10 Jun 2026US$45.8bUS$14.4b-US$757,471,326.0029x-60.5x3.2x
Fri, 08 May 2026US$48.3bUS$13.6b-US$367,426,415.0030.2x-131.4x3.5x
Sun, 05 Apr 2026US$46.8bUS$13.6b-US$416,162,415.0032x-112.5x3.4x
Tue, 03 Mar 2026US$49.5bUS$13.5b-US$343,986,340.0039.2x-144x3.7x
Thu, 29 Jan 2026US$61.0bUS$13.6b-US$102,102,340.0047.5x-597.7x4.5x
Sat, 27 Dec 2025US$64.4bUS$13.6b-US$102,572,340.0054.2x-627.9x4.7x
Mon, 24 Nov 2025US$69.7bUS$13.6b-US$117,958,271.0052.4x-591.1x5.1x
Wed, 22 Oct 2025US$79.7bUS$13.1b-US$211,110,296.0058.7x-377.7x6.1x
Fri, 19 Sep 2025US$78.1bUS$13.2b-US$266,647,296.0058.6x-292.9x5.9x
Sun, 17 Aug 2025US$77.2bUS$13.1b-US$364,716,795.0058.7x-211.7x5.9x
Tue, 15 Jul 2025US$77.1bUS$13.2b-US$1,382,394,447.0055.4x-55.8x5.8x
Thu, 12 Jun 2025US$78.9bUS$13.2b-US$1,382,393,022.0060.7x-57.1x6x
Sat, 10 May 2025US$70.9bUS$13.1b-US$1,463,322,959.0056.7x-48.4x5.4x
Mon, 07 Apr 2025US$62.9bUS$13.2b-US$1,414,656,089.0048.7x-44.4x4.8x
Wed, 05 Mar 2025US$69.9bUS$13.1b-US$1,568,031,514.0063.2x-44.6x5.4x
Fri, 31 Jan 2025US$71.5bUS$12.9b-US$1,638,054,514.0060.5x-43.7x5.6x
Sun, 29 Dec 2024US$66.8bUS$12.9b-US$1,636,315,514.0055x-40.8x5.2x
Tue, 26 Nov 2024US$64.3bUS$12.8b-US$1,712,780,390.0056x-37.6x5x
Thu, 24 Oct 2024US$64.8bUS$13.5b-US$3,126,871,151.0053x-20.7x4.8x
Sat, 21 Sep 2024US$66.1bUS$14.0b-US$3,302,096,821.0055.8x-20x4.7x
Mon, 19 Aug 2024US$60.2bUS$13.9b-US$3,360,989,829.0056.7x-17.9x4.3x
Wed, 17 Jul 2024US$58.1bUS$13.7b-US$1,860,692,542.0053x-31.2x4.2x
Fri, 14 Jun 2024US$58.5bUS$13.7b-US$1,889,788,216.0047.3x-31x4.3x
Sun, 12 May 2024US$56.3bUS$12.8b-US$1,992,747,742.0047x-28.3x4.4x
Tue, 09 Apr 2024US$61.3bUS$12.7b-US$1,619,729,105.0051.6x-37.8x4.8x
Thu, 07 Mar 2024US$63.3bUS$14.1b-US$1,445,414,794.0048.3x-43.8x4.5x
Sat, 03 Feb 2024US$72.4bUS$18.3b-US$5,780,316,752.0058.7x-12.5x3.9x
Mon, 01 Jan 2024US$72.5bUS$18.3b-US$5,781,192,665.0058.4x-12.5x4x
Wed, 29 Nov 2023US$65.0bUS$18.2b-US$5,807,346,665.0052x-11.2x3.6x
Fri, 27 Oct 2023US$65.4bUS$18.1b-US$5,551,631,965.0048.9x-11.8x3.6x
Sun, 24 Sep 2023US$69.2bUS$18.0b-US$5,514,972,389.0050.4x-12.6x3.8x
Tue, 22 Aug 2023US$69.7bUS$17.9b-US$5,554,149,562.0050.9x-12.5x3.9x
Thu, 20 Jul 2023US$80.1bUS$17.7b-US$8,580,548,318.0061.8x-9.3x4.5x
Sat, 17 Jun 2023US$76.1bUS$17.7b-US$8,581,046,209.0062.9x-8.9x4.3x
Price to Earnings Ratio

-8.9x


Total Market Cap: US$76.1bTotal Earnings: -US$8,581,046,209.00Total Revenue: US$17.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthtech Industry Price to Earnings3Y Average -130.7x202420252026
Current Industry PE
  • Investors are pessimistic on the American Health Care Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 4.7x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Health Care Technology industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 6.7% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Comparison

How does U.S. Healthtech compare with similar industries?

US Market-3.33%
Healthcare5.05%
Healthtech-6.65%
Healthtech-6.65%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
EVH Evolent HealthUS$4.7219.2%
+US$85.5m
-47.4%PS0.3x
SOPH SOPHiA GENETICSUS$5.409.3%
+US$33.0m
80.6%PS4.8x
HCAT Health CatalystUS$1.7126.7%
+US$26.6m
-58.7%PS0.4x
HSTM HealthStreamUS$26.003.1%
+US$22.8m
-7.6%PE38.1x
ITOC iTonic HoldingsUS$0.4038.8%
+US$12.9m
-97.5%PS88.5x

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