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U.S. Electronic Equipment and Components Industry Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies183
  • 7D2.8%
  • 3M26.1%
  • 1Y137.2%
  • YTD31.8%

In the last week, the Electronic Equipment and Components industry is up 2.0%, with Amphenol leading the way, up 5.2%. During this same period, the Corning underperformed, falling 5.6%. This means that the industry has gained 134% over the past year. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

Has the U.S. Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026US$864.5bUS$411.1bUS$15.4b29.3x56x2.1x
Thu, 19 Mar 2026US$725.5bUS$408.4bUS$15.5b28.5x46.9x1.8x
Sat, 14 Feb 2026US$736.4bUS$404.8bUS$15.6b28.3x47.3x1.8x
Mon, 12 Jan 2026US$654.6bUS$395.3bUS$16.0b26x40.9x1.7x
Wed, 10 Dec 2025US$683.3bUS$396.0bUS$16.3b24.6x41.9x1.7x
Fri, 07 Nov 2025US$668.7bUS$395.7bUS$16.0b24.9x41.8x1.7x
Sun, 05 Oct 2025US$626.1bUS$388.4bUS$13.7b24x45.7x1.6x
Tue, 02 Sep 2025US$578.3bUS$386.6bUS$13.5b22.8x42.9x1.5x
Thu, 31 Jul 2025US$575.7bUS$382.9bUS$15.1b23.8x38.1x1.5x
Sat, 28 Jun 2025US$530.3bUS$377.8bUS$13.5b23.6x39.2x1.4x
Mon, 26 May 2025US$474.3bUS$375.7bUS$13.4b22.1x35.4x1.3x
Wed, 23 Apr 2025US$383.6bUS$371.4bUS$13.9b19.3x27.6x1x
Fri, 21 Mar 2025US$442.8bUS$371.0bUS$13.9b20.7x31.8x1.2x
Sun, 16 Feb 2025US$477.2bUS$370.8bUS$14.8b23.9x32.2x1.3x
Tue, 14 Jan 2025US$461.5bUS$369.6bUS$15.6b24.8x29.6x1.2x
Thu, 12 Dec 2024US$477.1bUS$369.6bUS$15.6b26.2x30.6x1.3x
Sat, 09 Nov 2024US$489.0bUS$369.7bUS$15.8b24.2x30.9x1.3x
Mon, 07 Oct 2024US$444.5bUS$323.1bUS$15.8b24.1x28.2x1.4x
Wed, 04 Sep 2024US$443.7bUS$323.9bUS$15.9b21.9x27.9x1.4x
Fri, 02 Aug 2024US$435.8bUS$327.2bUS$14.6b22.5x29.9x1.3x
Sun, 30 Jun 2024US$430.2bUS$329.4bUS$15.1b21.6x28.5x1.3x
Tue, 28 May 2024US$440.3bUS$331.3bUS$15.3b21.6x28.9x1.3x
Thu, 25 Apr 2024US$405.3bUS$338.8bUS$15.9b19.2x25.5x1.2x
Sat, 23 Mar 2024US$417.7bUS$339.8bUS$15.7b19x26.7x1.2x
Mon, 19 Feb 2024US$406.1bUS$341.3bUS$15.0b19.5x27x1.2x
Wed, 17 Jan 2024US$390.2bUS$350.3bUS$13.7b19.4x28.5x1.1x
Fri, 15 Dec 2023US$389.8bUS$352.2bUS$13.7b21.4x28.4x1.1x
Sun, 12 Nov 2023US$354.9bUS$353.6bUS$13.9b17.5x25.6x1x
Tue, 10 Oct 2023US$367.4bUS$358.4bUS$14.4b17x25.5x1x
Thu, 07 Sep 2023US$383.6bUS$360.4bUS$14.6b16.3x26.2x1.1x
Sat, 05 Aug 2023US$389.3bUS$359.4bUS$15.1b16.8x25.8x1.1x
Mon, 03 Jul 2023US$396.2bUS$361.6bUS$15.1b17x26.3x1.1x
Wed, 31 May 2023US$365.5bUS$362.6bUS$15.1b16.5x24.2x1x
Fri, 28 Apr 2023US$343.2bUS$361.2bUS$15.6b15.2x21.9x1x
Price to Earnings Ratio

21.9x


Total Market Cap: US$343.2bTotal Earnings: US$15.6bTotal Revenue: US$361.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 32.5x202420252026
Current Industry PE
  • Investors are optimistic on the American Electronic industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 56.0x which is higher than its 3-year average PE of 32.5x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 4.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the U.S. Tech industry?

US Market3.58%
Tech6.77%
Electronic Equipment and Components2.83%
Electronic Manufacturing Services5.52%
Technology Distributors3.51%
Electronic Components2.42%
Electronic Equipment and Instruments0.65%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 53.5x.
    • Analysts are expecting annual earnings growth of 22.2%, which is higher than its past year's earnings growth of 5.6% per year.
  • Investors are most pessimistic about the Technology Distributors industry, which is trading close to its 3-year average of 16.2x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 25% over the next 5 years.
  • However this is lower than its past earnings growth rate of 35% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
APH AmphenolUS$152.815.2%
+US$9.3b		140.3%PE44x
COHR CoherentUS$347.5112.9%
+US$7.7b		566.7%PE353x
TEL TE ConnectivityUS$247.665.7%
+US$3.9b		92.4%PE35.2x
JBL JabilUS$330.288.2%
+US$2.6b		154.6%PE43.1x
FLEX FlexUS$84.287.6%
+US$2.2b		176.1%PE36.4x

Latest News

TEL
US$247.66
TE Connectivity
7D
5.7%
1Y
92.4%

TE Connectivity: Technological Uncertainty Limits The Near-Term AI Upside

Apr 21
IPGP
US$125.88
IPG Photonics
7D
-1.1%
1Y
142.2%

IPG Photonics: Stock Could Outperform On Above-Average Long-Term Growth

Apr 20
SNX
US$217.88
TD SYNNEX
7D
5.5%
1Y
111.4%

SNX: Future Returns Will Reflect AI Infrastructure Adoption And Execution Risks

Narrative Update Overview The analyst price target for TD SYNNEX has moved higher from about $195.09 to about $200.55, reflecting updated views from multiple firms that reference adjusted revenue growth assumptions, a slightly lower discount rate, modestly revised profit margin expectations and a higher future P/E. Analyst Commentary Recent Street research on TD SYNNEX is clustered around higher price targets, with several large firms, including JPMorgan and Goldman Sachs, revisiting their assumptions on growth, profitability and the appropriate P/E multiple.
BMI
US$113.41
Badger Meter
7D
-29.6%
1Y
-43.2%
GLW
US$165.38
Corning
7D
-5.6%
1Y
306.3%

GLW: AI Fiber Deal Enthusiasm Will Outrun Realistic Data Center Demand

Analyst fair value for Corning has shifted from about $129.64 to $139.21 as recent Street research, including multiple price target increases and updated AI related optical demand assumptions, has led analysts to adjust revenue growth expectations, profit margin outlooks, and future P/E assumptions, while modestly lifting the discount rate. Analyst Commentary Recent Street research on Corning reflects an active debate, with many firms lifting price targets and growth assumptions around AI driven optical demand, while a few higher profile downgrades signal concern about execution risk and valuation stretch.
KEYS
US$335.14
Keysight Technologies
7D
1.2%
1Y
154.1%

AI Test Demand And Defense Modernization Will Eventually Restrain This Overstretched Outlook

Catalysts About Keysight Technologies Keysight Technologies provides test, measurement and software solutions that help customers design, validate and manufacture advanced electronic and communications systems. What are the underlying business or industry changes driving this perspective?
SANM
US$175.46
Sanmina
7D
14.3%
1Y
140.2%

Sanmina: Attractive Growth Path Ahead

Apr 17
TDY
US$645.73
Teledyne Technologies
7D
-1.6%
1Y
42.4%
APH
US$152.81
Amphenol
7D
5.2%
1Y
140.3%

APH: AI Connectivity And Hybrid Optics Outlook Will Likely Cap Near Term Upside

Narrative Update on Amphenol The analyst price target for Amphenol has been adjusted slightly higher to about $136 from $135, as analysts balance recent target cuts from UBS and Citi with prior target increases and updated views on growth, profitability, and P/E assumptions. Analyst Commentary Recent research on Amphenol reflects a mix of optimism and caution, with several firms adjusting targets and ratings as they reassess growth potential, execution risks, and how the stock is valued versus its peers.
FLEX
US$84.28
Flex
7D
7.6%
1Y
176.1%
CNXN
US$63.44
PC Connection
7D
-1.5%
1Y
7.7%
JBL
US$330.28
Jabil
7D
8.2%
1Y
154.6%

Jabil: A Quiet Compounder Powering The AI Infrastructure Boom

Apr 15
CTS
US$54.82
CTS
7D
-1.3%
1Y
46.8%
COHR
US$347.51
Coherent
7D
12.9%
1Y
566.7%

COHR: AI Optics Demand And Nvidia Partnership Will Shape Future Risk Balance

Analysts have nudged the price target for Coherent higher by $40, citing stronger perceived earnings power tied to rising AI data center optical demand and capacity commitments from major customers. The model now reflects a slightly higher discount rate and future P/E, while keeping fair value unchanged at $284.25.
OPTX
US$9.75
Syntec Optics Holdings
7D
-16.4%
1Y
686.3%
FEIM
US$55.65
Frequency Electronics
7D
-4.4%
1Y
235.8%

Some Frequency Electronics, Inc. (NASDAQ:FEIM) Shareholders Look For Exit As Shares Take 26% Pounding

Feb 13
Some Frequency Electronics, Inc. (NASDAQ:FEIM) Shareholders Look For Exit As Shares Take 26% Pounding