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U.S. Electronic Equipment and Components Industry Analysis

UpdatedMar 30, 2026
DataAggregated Company Financials
Companies183
  • 7D1.4%
  • 3M8.3%
  • 1Y74.9%
  • YTD7.0%

Over the last 7 days, the Electronic Equipment and Components industry has risen 1.4%, driven by gains from Corning of 4.5%. During this same period, the Amphenol underperformed, falling 5.4%. In the last 12 months, the industry was up 75%. 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
Mon, 30 Mar 2026US$709.4bUS$408.4bUS$15.3b28.8x46.4x1.7x
Wed, 25 Feb 2026US$769.2bUS$405.1bUS$15.2b28x50.8x1.9x
Fri, 23 Jan 2026US$702.9bUS$396.2bUS$16.3b27.7x43.1x1.8x
Sun, 21 Dec 2025US$664.0bUS$397.3bUS$16.2b24.9x41x1.7x
Tue, 18 Nov 2025US$635.2bUS$395.9bUS$16.0b23x39.7x1.6x
Thu, 16 Oct 2025US$624.6bUS$388.4bUS$13.7b26.1x45.5x1.6x
Sat, 13 Sep 2025US$616.2bUS$386.6bUS$13.5b24.1x45.6x1.6x
Mon, 11 Aug 2025US$579.2bUS$386.1bUS$13.7b23.8x42.4x1.5x
Wed, 09 Jul 2025US$536.3bUS$377.6bUS$13.6b24x39.4x1.4x
Fri, 06 Jun 2025US$492.1bUS$375.7bUS$13.4b21.8x36.8x1.3x
Sun, 04 May 2025US$446.1bUS$373.7bUS$13.5b20.2x33x1.2x
Tue, 01 Apr 2025US$422.9bUS$371.3bUS$13.9b20.9x30.4x1.1x
Thu, 27 Feb 2025US$456.4bUS$370.9bUS$14.8b23x30.8x1.2x
Sat, 25 Jan 2025US$509.9bUS$370.7bUS$14.4b26.4x35.4x1.4x
Mon, 23 Dec 2024US$463.8bUS$368.2bUS$15.5b25.7x29.9x1.3x
Wed, 20 Nov 2024US$457.3bUS$369.6bUS$15.8b23.4x28.9x1.2x
Fri, 18 Oct 2024US$457.1bUS$323.1bUS$15.9b24.1x28.8x1.4x
Sun, 15 Sep 2024US$428.4bUS$323.9bUS$15.8b22.2x27.2x1.3x
Tue, 13 Aug 2024US$409.8bUS$324.3bUS$15.6b21.3x26.3x1.3x
Thu, 11 Jul 2024US$433.8bUS$329.2bUS$15.1b21.4x28.7x1.3x
Sat, 08 Jun 2024US$429.2bUS$331.3bUS$15.2b21.1x28.2x1.3x
Mon, 06 May 2024US$412.5bUS$331.7bUS$15.4b19.6x26.8x1.2x
Wed, 03 Apr 2024US$419.5bUS$338.7bUS$15.7b18.9x26.8x1.2x
Fri, 01 Mar 2024US$408.8bUS$341.2bUS$14.9b18.9x27.4x1.2x
Sun, 28 Jan 2024US$399.0bUS$350.4bUS$15.2b19.8x26.2x1.1x
Tue, 26 Dec 2023US$406.9bUS$352.2bUS$13.7b21.2x29.6x1.2x
Thu, 23 Nov 2023US$370.5bUS$353.7bUS$13.9b18.1x26.7x1x
Sat, 21 Oct 2023US$346.1bUS$358.4bUS$14.4b16.8x24x1x
Mon, 18 Sep 2023US$372.3bUS$360.4bUS$14.6b15.7x25.5x1x
Wed, 16 Aug 2023US$384.3bUS$359.6bUS$15.0b15.5x25.7x1.1x
Fri, 14 Jul 2023US$406.0bUS$361.6bUS$15.1b17.9x27x1.1x
Sun, 11 Jun 2023US$373.2bUS$362.6bUS$15.1b16.9x24.7x1x
Tue, 09 May 2023US$346.5bUS$359.8bUS$15.1b16.5x22.9x1x
Thu, 06 Apr 2023US$362.8bUS$362.7bUS$16.4b16.4x22.1x1x
Price to Earnings Ratio

22.1x


Total Market Cap: US$362.8bTotal Earnings: US$16.4bTotal Revenue: US$362.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 31.9x202420252026
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 46.4x which is higher than its 3-year average PE of 31.9x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 2.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.0% 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, which has decreased profits.

Industry Trends

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

US Market-1.89%
Tech-3.47%
Electronic Equipment and Components1.36%
Electronic Manufacturing Services4.20%
Electronic Components1.63%
Technology Distributors0.51%
Electronic Equipment and Instruments-1.77%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 52.5x.
    • Analysts are expecting annual earnings growth of 21.5%, which is higher than its past year's earnings growth of 8.0% 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
GLW CorningUS$136.814.5%
+US$5.0b		198.8%PE73.6x
TEL TE ConnectivityUS$202.140.7%
+US$396.1m		43.0%PE28.7x
FN FabrinetUS$551.971.0%
+US$197.0m		179.5%PE52.4x
ROG RogersUS$109.336.8%
+US$124.4m		61.9%PS2.4x
LFUS LittelfuseUS$333.270.9%
+US$77.1m		69.4%PS3.5x

Latest News

MPTI
US$69.03
M-tron Industries
7D
16.2%
1Y
55.0%

MPTI: Acquisition Plans And Defense Contract Will Shape A Balanced Outlook

Analysts have revised their price target for M-tron Industries from $67.00 to $76.50, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that, in their view, better reflect the company’s outlook. What's in the News M-tron is seeking acquisitions, with management highlighting a greater emphasis on combining its organic growth efforts with inorganic growth through partnerships and acquisitions, and pointing to three partnerships formed in 2025 with complementary product companies (Earnings Call, CEO comments).
AEIS
US$310.76
Advanced Energy Industries
7D
-5.8%
1Y
226.1%

AEIS: The Power Architect of the AI and Chip Supercycle

Advanced Energy Industries, Inc. (AEIS) is currently undergoing a massive structural re-rating as it transforms from a cyclical industrial supplier into a critical infrastructure provider for the AI data center and next-generation semiconductor markets.
TEL
US$202.14
TE Connectivity
7D
0.7%
1Y
43.0%
TTMI
US$95.47
TTM Technologies
7D
-5.9%
1Y
365.5%
GLW
US$136.81
Corning
7D
4.5%
1Y
198.8%
KEYS
US$279.06
Keysight Technologies
7D
-3.4%
1Y
86.3%

KEYS: Future Returns Will Depend On Durable AI And Wireline Order Strength

Analysts have raised the Keysight Technologies fair value estimate by about $3 to $301.54 as they factor in higher target P/E multiples, supported by recent research citing stronger orders, broadening demand beyond AI, and updated earnings frameworks following fiscal Q1 results. Analyst Commentary Street research on Keysight Technologies has shifted meaningfully, with a cluster of higher price targets and ratings changes following fiscal Q1.
COHR
US$243.48
Coherent
7D
-4.5%
1Y
274.9%

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

Analysts have raised the fair value estimate for Coherent by about $11 to $284.25, citing higher assumed revenue growth, a richer future P/E multiple tied to expectations for stronger AI-driven optical demand, and recent price target increases across major research desks. Analyst Commentary Recent Street research around Coherent clusters around a stronger AI infrastructure story, larger optical market assumptions, and a series of higher price targets that feed directly into richer valuation frameworks.
JBL
US$261.10
Jabil
7D
-1.9%
1Y
91.9%

JBL: Alliances And Buybacks Will Shape A Balanced Medium Term Outlook

Analysts now estimate Jabil's fair value at $293.11, up from the previous $264.50. This reflects updated assumptions regarding the discount rate, revenue growth, profit margin and future P/E.
TDY
US$593.31
Teledyne Technologies
7D
-4.9%
1Y
19.2%

TDY: Space And Defense Programs Will Support Medium Term Premium Multiple Re Rating

Analysts have nudged the fair value estimate for Teledyne Technologies slightly higher, supported by a series of recent price target increases across the Street that now range from around $579 to $770, as they factor in a short cycle recovery, Q4 results, updated long term guidance, and fresh analysis of the company's annual filing. Analyst Commentary Recent Street research on Teledyne clusters around a wide price target range, while keeping ratings largely in the middle of the road.
FN
US$551.97
Fabrinet
7D
1.0%
1Y
179.5%
LFUS
US$333.27
Littelfuse
7D
0.9%
1Y
69.4%

LFUS: AI And Defense Tailwinds Will Steady Returns After Recent Pullback

Analysts have raised their Littelfuse price target by $35 to $408, citing what they view as favorable underlying trends supported by AI and defense demand, even after the recent selloff. Analyst Commentary Recent research has focused on how Littelfuse could be positioned against themes such as AI related infrastructure and defense demand, especially after the recent share price pullback.
ROG
US$109.33
Rogers
7D
6.8%
1Y
61.9%

ROG: Share Repurchases And Stable Margins Will Support Future Upside Potential

Analysts have kept their price target for Rogers steady at $124.33, citing only marginal tweaks to their discount rate, long term revenue growth, profit margin assumptions and future P/E expectations that leave their overall valuation view essentially unchanged. What's in the News Rogers issued earnings guidance for the first quarter of 2026, expecting net sales in a range of $193 million to $208 million, giving you a sense of the revenue level management is planning for in the near term (Key Developments).
KN
US$25.44
Knowles
7D
0.6%
1Y
67.4%

KN: Ongoing Share Repurchases Will Support Future Earnings Stability

Analysts have raised their price target on Knowles from $26.50 to $28.50, citing updated assumptions around discount rate, revenue growth, profit margin and future P/E as the main factors behind this change. What's in the News From October 1, 2025 to December 31, 2025, Knowles repurchased 451,291 shares, or 0.53% of its outstanding stock, for $10 million under its ongoing buyback program (Key Developments).
SNX
US$157.12
TD SYNNEX
7D
0.5%
1Y
51.1%

SNX: Future Returns Will Be Driven By Hyve Execution And AI Offerings

Analyst price targets for TD SYNNEX have remained within a relatively tight range, with changes between $163 and $193 reflecting differing views on billings growth potential, the contribution from Hyve, and the impact of hardware budget pressures tied to memory price inflation. Analyst Commentary Bullish Takeaways Bullish analysts see room for solid execution in both core distribution and Hyve, with some expecting billings growth in the mid to high single digits for distribution and higher growth for Hyve supporting their targets.
APH
US$123.62
Amphenol
7D
-5.4%
1Y
88.5%

APH: AI Data Center Content And CCS Acquisition Will Support Future Margins

Analysts now set a slightly adjusted price target for Amphenol, with modest tweaks to the discount rate and long-term P/E assumptions, at around $165. This target is supported by recent research citing AI data center content, the CommScope Connectivity and Cable Solutions acquisition, and clearer visibility on the copper versus optics roadmap as key drivers in their updated views.
CGNX
US$47.59
Cognex
7D
-6.3%
1Y
59.5%

CGNX: Margin Execution And Buybacks Will Support Premium Multiple In Industrial Recovery

Cognex's analyst fair value estimate has been revised higher from $60.55 to $65.50. Analysts highlight improving short cycle industrial demand, faster margin progress, cost reduction efforts, and a broader customer base, which support higher revenue growth assumptions and a richer future P/E of 44.37x versus 41.32x previously.