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U.S. Electronic Equipment and Components Industry Analysis

UpdatedMar 05, 2026
DataAggregated Company Financials
Companies184
  • 7D-6.8%
  • 3M16.0%
  • 1Y80.5%
  • YTD15.0%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 6.8%, driven by a pullback from Amphenol of 13%. This takes the industry's 12 month performance to a gain of 80%. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Mar 2026US$755.7bUS$406.8bUS$15.3b27.6x49.4x1.9x
Sat, 31 Jan 2026US$700.2bUS$401.1bUS$16.8b26.6x41.8x1.7x
Mon, 29 Dec 2025US$673.0bUS$397.3bUS$16.2b24.8x41.5x1.7x
Wed, 26 Nov 2025US$635.7bUS$395.9bUS$16.0b24.6x39.7x1.6x
Fri, 24 Oct 2025US$636.5bUS$390.7bUS$14.3b26.9x44.4x1.6x
Sun, 21 Sep 2025US$630.0bUS$386.6bUS$13.5b24.3x46.6x1.6x
Tue, 19 Aug 2025US$574.4bUS$386.2bUS$13.7b24.1x42.1x1.5x
Thu, 17 Jul 2025US$541.9bUS$377.6bUS$13.6b24x39.8x1.4x
Sat, 14 Jun 2025US$500.7bUS$375.7bUS$13.4b22x37.4x1.3x
Mon, 12 May 2025US$454.2bUS$375.4bUS$13.3b20.8x34x1.2x
Wed, 09 Apr 2025US$371.5bUS$371.4bUS$13.9b18.3x26.7x1x
Fri, 07 Mar 2025US$439.8bUS$371.1bUS$14.7b20.6x29.9x1.2x
Sun, 02 Feb 2025US$483.0bUS$370.8bUS$14.8b25.4x32.6x1.3x
Tue, 31 Dec 2024US$465.9bUS$368.1bUS$15.5b25.1x30x1.3x
Thu, 28 Nov 2024US$477.4bUS$369.6bUS$15.5b26.4x30.7x1.3x
Sat, 26 Oct 2024US$462.7bUS$372.2bUS$16.6b23.8x27.9x1.2x
Mon, 23 Sep 2024US$444.5bUS$323.9bUS$15.8b23.1x28.2x1.4x
Wed, 21 Aug 2024US$435.4bUS$324.3bUS$15.8b22.1x27.5x1.3x
Fri, 19 Jul 2024US$450.1bUS$329.1bUS$15.0b22.2x29.9x1.4x
Sun, 16 Jun 2024US$431.1bUS$331.2bUS$15.2b21x28.3x1.3x
Tue, 14 May 2024US$423.7bUS$331.4bUS$15.4b20.9x27.4x1.3x
Thu, 11 Apr 2024US$421.0bUS$338.7bUS$15.7b18.9x26.8x1.2x
Sat, 09 Mar 2024US$417.1bUS$341.2bUS$14.9b19.6x27.9x1.2x
Mon, 05 Feb 2024US$405.4bUS$348.6bUS$15.0b20x27.1x1.2x
Wed, 03 Jan 2024US$401.0bUS$352.2bUS$13.7b20.7x29.2x1.1x
Fri, 01 Dec 2023US$368.0bUS$353.4bUS$13.8b17.3x26.6x1x
Sun, 29 Oct 2023US$339.6bUS$357.6bUS$14.4b16.4x23.6x0.9x
Tue, 26 Sep 2023US$365.6bUS$360.4bUS$14.6b15.9x25x1x
Thu, 24 Aug 2023US$380.9bUS$360.3bUS$14.6b16.8x26.1x1.1x
Sat, 22 Jul 2023US$395.2bUS$361.5bUS$15.1b16.8x26.2x1.1x
Mon, 19 Jun 2023US$390.1bUS$362.8bUS$15.1b16.3x25.8x1.1x
Wed, 17 May 2023US$347.7bUS$362.4bUS$15.1b15.9x23.1x1x
Fri, 14 Apr 2023US$365.1bUS$361.4bUS$16.1b16.9x22.6x1x
Sun, 12 Mar 2023US$356.2bUS$359.3bUS$15.9b16.7x22.3x1x
Price to Earnings Ratio

22.3x


Total Market Cap: US$356.2bTotal Earnings: US$15.9bTotal Revenue: US$359.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 31.4x202420252026
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 49.4x which is higher than its 3-year average PE of 31.4x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.9x.
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 4.2% 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 Market-1.22%
Tech-2.70%
Electronic Equipment and Components-6.77%
Technology Distributors2.22%
Electronic Equipment and Instruments-0.76%
Electronic Manufacturing Services-9.22%
Electronic Components-9.45%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 51.6x.
    • Analysts are expecting annual earnings growth of 21.8%, which is higher than its past year's earnings growth of 11.2% per year.
  • Investors are most pessimistic about the Technology Distributors industry, which is trading close to its 3-year average of 16.1x.
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 63% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 14% 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
COHR CoherentUS$274.862.6%
+US$3.4b		282.6%PE279.2x
INGM Ingram Micro HoldingUS$26.2928.3%
+US$1.4b		32.6%PE18.8x
CDW CDWUS$124.872.7%
+US$424.4m		-27.6%PE15.1x
LASR nLIGHTUS$67.0210.6%
+US$384.3m		639.7%PS14.3x
ARLO Arlo TechnologiesUS$15.0426.3%
+US$344.7m		22.5%PE107.7x

Latest News

COHR
US$274.86
Coherent
7D
2.6%
1Y
282.6%
JBL
US$255.18
Jabil
7D
-8.1%
1Y
78.3%
TEL
US$209.02
TE Connectivity
7D
-13.8%
1Y
38.6%
OUST
US$22.38
Ouster
7D
13.0%
1Y
168.0%
INGM
US$26.29
Ingram Micro Holding
7D
28.3%
1Y
32.6%
FN
US$563.87
Fabrinet
7D
-8.5%
1Y
185.0%

Fabrinet (FN): The Optical Backbone – Scaling High-Precision Manufacturing for the 1.6T AI Transition in 2026.

Fabrinet (FN) is currently positioned as the "indispensable craftsman" of the AI hardware supply chain, trading at $553.00 as of the March 3, 2026, close. Despite a sharp 4.9% intraday drop today amid broader tech sector profit-taking, the stock has been a massive outperformer over the last year, recently peaking at an all-time high of $632.99.
LASR
US$67.02
nLIGHT
7D
10.6%
1Y
639.7%
TDY
US$682.77
Teledyne Technologies
7D
0.8%
1Y
37.4%
GLW
US$144.84
Corning
7D
-9.7%
1Y
207.9%
CGNX
US$53.17
Cognex
7D
-7.4%
1Y
65.7%

CGNX: Margin Execution And Demand Stability Will Shape Fairly Valued Outlook

The analyst fair value estimate for Cognex has been raised from $36.62 to $52.00, reflecting higher Street price targets in the $55 to $75 range and analyst expectations for improved margins, cost control, and a more stable demand backdrop across key segments. Analyst Commentary Recent Street research on Cognex clusters around higher price targets and a more constructive stance on margins, cost controls, and demand stability, but the tone is not uniformly bullish.
NOVT
US$140.64
Novanta
7D
5.6%
1Y
-1.4%
ARLO
US$15.04
Arlo Technologies
7D
26.3%
1Y
22.5%
SANM
US$139.55
Sanmina
7D
-13.5%
1Y
80.8%
LFUS
US$337.91
Littelfuse
7D
-10.3%
1Y
55.2%

LFUS: Rating Upgrade And 2026 Sales Outlook Will Guide Balanced Return Prospects

Analysts have adjusted their price target on Littelfuse to $353.60 from $344.00. This change reflects updated views on fair value and future P/E assumptions, supported by recent research updates and upgrades from multiple firms.
CDW
US$124.87
CDW
7D
2.7%
1Y
-27.6%

CDW: Future Earnings Quality Concerns Will Present A Contrarian Opportunity

Our updated narrative on CDW reflects a reduced illustrative fair value estimate, moving from about $160 to roughly $142 per share, as analysts trim price targets and factor in higher discount rates and a lower assumed future P/E multiple, despite slightly stronger modeled revenue growth. Analyst Commentary Recent Street research on CDW has tilted cautious, with multiple price target cuts and at least one downgrade contributing to a more muted sentiment around the shares.
APH
US$132.75
Amphenol
7D
-13.0%
1Y
105.1%

APH: Future AI And Acquisition Hype Will Likely Cap Share Upside

Our analyst price target for Amphenol has been adjusted from $123.77 to $135.00, with analysts pointing to raised Street targets, support from data center AI exposure, and the planned CommScope Connectivity and Cable Solutions acquisition as key drivers behind the update. Analyst Commentary Recent Street research on Amphenol has leaned constructive, with several large firms lifting price targets and, in one case, moving the stock to an Overweight rating.