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U.S. Electronic Equipment and Components Industry Analysis

UpdatedApr 07, 2026
DataAggregated Company Financials
Companies183
  • 7D9.1%
  • 3M10.9%
  • 1Y108.5%
  • YTD11.8%

Over the last 7 days, the Electronic Equipment and Components industry has risen 9.1%, driven by gains from Corning of 14%. During this same period, the SCHMID Group underperformed, falling 5.7%. In the last 12 months, the industry was up 109%. 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
Wed, 08 Apr 2026US$742.9bUS$411.1bUS$15.5b29.4x48.1x1.8x
Fri, 06 Mar 2026US$759.9bUS$406.8bUS$15.3b28.2x49.6x1.9x
Sun, 01 Feb 2026US$686.0bUS$401.1bUS$16.8b26.6x40.9x1.7x
Tue, 30 Dec 2025US$670.7bUS$397.3bUS$16.2b24.7x41.3x1.7x
Thu, 27 Nov 2025US$643.2bUS$396.1bUS$16.3b24.7x39.4x1.6x
Sat, 25 Oct 2025US$655.6bUS$390.7bUS$14.3b25.9x45.7x1.7x
Mon, 22 Sep 2025US$630.0bUS$386.6bUS$13.5b24.3x46.6x1.6x
Wed, 20 Aug 2025US$577.4bUS$386.4bUS$13.7b23x42.3x1.5x
Fri, 18 Jul 2025US$545.3bUS$377.6bUS$13.6b24.3x40x1.4x
Sun, 15 Jun 2025US$490.8bUS$375.7bUS$13.4b22x36.7x1.3x
Tue, 13 May 2025US$454.4bUS$375.4bUS$13.3b21.6x34x1.2x
Thu, 10 Apr 2025US$365.2bUS$371.4bUS$13.9b19.9x26.3x1x
Sat, 08 Mar 2025US$427.3bUS$371.1bUS$14.7b21.1x29.1x1.2x
Mon, 03 Feb 2025US$483.0bUS$370.8bUS$14.8b25.4x32.6x1.3x
Wed, 01 Jan 2025US$459.9bUS$368.1bUS$15.5b25.4x29.6x1.2x
Fri, 29 Nov 2024US$475.8bUS$369.6bUS$15.5b26.4x30.6x1.3x
Sun, 27 Oct 2024US$461.9bUS$372.2bUS$16.6b23.7x27.8x1.2x
Tue, 24 Sep 2024US$444.5bUS$323.9bUS$15.8b23.1x28.2x1.4x
Thu, 22 Aug 2024US$436.3bUS$324.2bUS$15.9b22.3x27.4x1.3x
Sat, 20 Jul 2024US$446.3bUS$329.1bUS$15.0b22.1x29.7x1.4x
Mon, 17 Jun 2024US$431.1bUS$331.2bUS$15.2b21x28.3x1.3x
Wed, 15 May 2024US$423.7bUS$331.4bUS$15.4b21.1x27.4x1.3x
Fri, 12 Apr 2024US$412.9bUS$338.7bUS$15.7b19.1x26.3x1.2x
Sun, 10 Mar 2024US$417.1bUS$341.2bUS$14.9b19.6x28x1.2x
Tue, 06 Feb 2024US$391.0bUS$344.8bUS$14.9b19.2x26.3x1.1x
Thu, 04 Jan 2024US$390.7bUS$352.2bUS$13.7b19.9x28.5x1.1x
Sat, 02 Dec 2023US$368.6bUS$353.4bUS$13.8b17.1x26.7x1x
Mon, 30 Oct 2023US$339.7bUS$357.6bUS$14.4b16.4x23.6x1x
Wed, 27 Sep 2023US$358.1bUS$360.4bUS$14.6b15.5x24.5x1x
Fri, 25 Aug 2023US$376.0bUS$360.3bUS$14.6b16.8x25.8x1x
Sun, 23 Jul 2023US$395.2bUS$361.5bUS$15.1b16.8x26.2x1.1x
Tue, 20 Jun 2023US$390.1bUS$362.8bUS$15.1b16.3x25.8x1.1x
Thu, 18 May 2023US$355.4bUS$362.4bUS$15.1b17.1x23.6x1x
Sat, 15 Apr 2023US$363.3bUS$361.4bUS$16.1b16.8x22.5x1x
Price to Earnings Ratio

22.5x


Total Market Cap: US$363.3bTotal Earnings: US$16.1bTotal Revenue: US$361.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 32.1x202420252026
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 48.1x which is higher than its 3-year average PE of 32.1x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.8x.
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 Market4.40%
Tech6.89%
Electronic Equipment and Components9.08%
Electronic Components10.08%
Technology Distributors9.97%
Electronic Equipment and Instruments7.97%
Electronic Manufacturing Services7.76%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 52.9x.
    • Analysts are expecting annual earnings growth of 21.7%, 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 16.2x.
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 55% 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
GLW CorningUS$148.529.2%
+US$10.8b		279.1%PE79.9x
COHR CoherentUS$255.107.1%
+US$3.3b		396.4%PE259.1x
KEYS Keysight TechnologiesUS$300.616.5%
+US$3.1b		134.9%PE52.6x
APH AmphenolUS$128.381.6%
+US$2.5b		113.7%PE37x
SNX TD SYNNEXUS$195.5915.9%
+US$2.3b		101.1%PE16.1x

Latest News

TDY
US$635.07
Teledyne Technologies
7D
5.0%
1Y
45.8%
SNX
US$195.59
TD SYNNEX
7D
15.9%
1Y
101.1%
APH
US$128.38
Amphenol
7D
1.6%
1Y
113.7%

Amphenol: Strong Growth Supported By Hyperscalers

Apr 07
GLW
US$148.52
Corning
7D
9.2%
1Y
279.1%
NOVT
US$115.28
Novanta
7D
-2.4%
1Y
12.3%

NOVT: Future Earnings Power Will Rely On Accelerating Sales And Margins

Analysts have trimmed their fair value estimate for Novanta from $160 to $157, reflecting a slightly higher discount rate and a modestly lower future P/E assumption, while still pointing to expectations for improving sales and margins after recent model updates. Analyst Commentary Bullish Takeaways Bullish analysts see room for the shares to move toward their updated fair value range, supported by model revisions that assume improving sales trends and margin recovery after recent results.
KEYS
US$300.61
Keysight Technologies
7D
6.5%
1Y
134.9%
IPGP
US$113.11
IPG Photonics
7D
-2.1%
1Y
96.8%

IPGP: Defense And Industrial Laser Demand Will Drive Long Term Earnings Power

Analysts have raised their blended price target on IPG Photonics, reflecting a $73 increase at Stifel, a $12.50 increase at BofA, and a $5 increase at Roth Capital, while refining assumptions on revenue growth, profit margins, discount rate, and future P/E. Analyst Commentary Recent Street research on IPG Photonics shows a clear split in views, with some cautious voices alongside a group of bullish analysts who are becoming more constructive on the stock and its long term setup.
SMRT
US$1.43
SmartRent
7D
-4.7%
1Y
38.8%
FN
US$557.72
Fabrinet
7D
6.9%
1Y
220.5%

FN: Buybacks And Margin Improvements Will Support Future Upside Potential

Analysts have raised their price target for Fabrinet from $600 to $715, citing updated assumptions for slightly higher revenue growth, a modestly higher profit margin, a lower discount rate, and a higher future P/E multiple. What's in the News Fabrinet updated its outlook for the third fiscal quarter ending March 27, 2026, with expected revenue in the range of US$1.15b to US$1.20b.
VNT
US$35.34
Vontier
7D
-0.4%
1Y
26.0%
BMI
US$151.93
Badger Meter
7D
-0.3%
1Y
-11.0%

BMI: Premium P/E And Utility Funding Constraints Will Pressure Future Returns

Badger Meter's updated analyst price target has been reset to $136, reflecting mixed recent research in which several firms trimmed their targets, while others highlighted steady revenue growth, margin expectations, and valuation assumptions that now point to a slightly lower future P/E multiple. Analyst Commentary The latest research around Badger Meter reflects a split view, with one recent upgrade contrasted against a cluster of price target cuts and at least one downgrade.
FLEX
US$68.21
Flex
7D
4.2%
1Y
145.4%

FLEX: AI Power Business Will Drive Future Margin Upside Repricing

Flex's updated fair value estimate has edged slightly lower to about $75.44. This reflects modest tweaks to discount rate, growth, and margin assumptions, as analysts highlight the company's AI oriented power business and potential margin upside while maintaining a $70 Street price target.
COHR
US$255.10
Coherent
7D
7.1%
1Y
396.4%

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.
AEVA
US$12.55
Aeva Technologies
7D
-4.6%
1Y
112.4%
FWDI
US$4.27
Forward Industries
7D
-3.6%
1Y
-20.2%
MVIS
US$0.60
MicroVision
7D
-7.0%
1Y
-46.3%