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U.S. Electronic Equipment and Components Industry Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies184
  • 7D11.6%
  • 3M23.2%
  • 1Y122.1%
  • YTD25.1%

In the last week, the Electronic Equipment and Components industry is up 11%, with Corning up 16%. During this same period, the Arlo Technologies underperformed, falling 6.5%. This means that the industry has gained 120% over the past year. 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
Sun, 12 Apr 2026US$828.6bUS$411.1bUS$15.4b31.6x53.6x2x
Tue, 10 Mar 2026US$705.4bUS$406.8bUS$15.3b27.7x46.1x1.7x
Thu, 05 Feb 2026US$713.5bUS$402.3bUS$16.8b27.1x42.4x1.8x
Sat, 03 Jan 2026US$659.3bUS$397.3bUS$16.2b24.7x40.7x1.7x
Mon, 01 Dec 2025US$656.7bUS$396.1bUS$16.3b24x40.2x1.7x
Wed, 29 Oct 2025US$664.3bUS$390.7bUS$14.3b25.1x46.3x1.7x
Fri, 26 Sep 2025US$623.6bUS$388.8bUS$13.6b23.8x45.7x1.6x
Sun, 24 Aug 2025US$580.1bUS$386.6bUS$13.5b23.9x43x1.5x
Tue, 22 Jul 2025US$555.9bUS$377.2bUS$13.6b23.7x40.8x1.5x
Thu, 19 Jun 2025US$499.0bUS$376.8bUS$13.5b22.7x36.9x1.3x
Sat, 17 May 2025US$482.8bUS$375.5bUS$13.3b22.5x36.3x1.3x
Mon, 14 Apr 2025US$388.5bUS$371.4bUS$13.9b19.2x28x1x
Wed, 12 Mar 2025US$422.6bUS$371.1bUS$14.7b20.4x28.7x1.1x
Fri, 07 Feb 2025US$483.1bUS$370.7bUS$14.6b24.2x33x1.3x
Sun, 05 Jan 2025US$466.2bUS$368.1bUS$15.5b25.9x30x1.3x
Tue, 03 Dec 2024US$478.8bUS$369.6bUS$15.5b25.8x30.8x1.3x
Thu, 31 Oct 2024US$466.7bUS$372.3bUS$16.2b23.3x28.9x1.3x
Sat, 28 Sep 2024US$451.6bUS$323.2bUS$15.8b23.6x28.6x1.4x
Mon, 26 Aug 2024US$447.9bUS$324.2bUS$15.9b22.4x28.1x1.4x
Wed, 24 Jul 2024US$446.7bUS$329.2bUS$15.1b22.2x29.7x1.4x
Fri, 21 Jun 2024US$440.8bUS$331.2bUS$15.2b20.6x29x1.3x
Sun, 19 May 2024US$434.0bUS$331.4bUS$15.4b21.7x28.1x1.3x
Tue, 16 Apr 2024US$407.3bUS$338.7bUS$15.7b19x26x1.2x
Thu, 14 Mar 2024US$415.6bUS$341.3bUS$14.9b19.1x27.9x1.2x
Sat, 10 Feb 2024US$405.6bUS$342.1bUS$14.7b20.6x27.6x1.2x
Mon, 08 Jan 2024US$387.7bUS$352.2bUS$13.7b20x28.2x1.1x
Wed, 06 Dec 2023US$374.2bUS$353.4bUS$13.8b16.9x27x1.1x
Fri, 03 Nov 2023US$343.3bUS$353.1bUS$13.7b16.1x25x1x
Sun, 01 Oct 2023US$369.9bUS$358.4bUS$14.4b16.3x25.6x1x
Tue, 29 Aug 2023US$378.5bUS$360.3bUS$14.6b16.7x25.9x1.1x
Thu, 27 Jul 2023US$401.4bUS$361.1bUS$14.8b16.9x27.2x1.1x
Sat, 24 Jun 2023US$377.9bUS$362.8bUS$15.1b17.3x25x1x
Mon, 22 May 2023US$358.6bUS$362.4bUS$15.1b15.4x23.8x1x
Wed, 19 Apr 2023US$361.9bUS$361.3bUS$16.2b16.7x22.4x1x
Price to Earnings Ratio

22.4x


Total Market Cap: US$361.9bTotal Earnings: US$16.2bTotal Revenue: US$361.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 32.2x202420252026
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 52.6x which is higher than its 3-year average PE of 32.2x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.0x.
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 Market3.38%
Tech4.52%
Electronic Equipment and Components11.56%
Electronic Components13.56%
Electronic Manufacturing Services12.64%
Electronic Equipment and Instruments7.85%
Technology Distributors6.05%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 53.1x.
    • Analysts are expecting annual earnings growth of 21.6%, which is higher than its past year's earnings growth of 7.8% 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 24% 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$171.2415.8%
+US$20.0b		315.0%PE92.2x
APH AmphenolUS$140.7510.0%
+US$15.7b		115.2%PE40.5x
COHR CoherentUS$307.5019.1%
+US$9.6b		457.1%PE312.4x
TEL TE ConnectivityUS$229.789.9%
+US$6.1b		79.6%PE32.6x
KEYS Keysight TechnologiesUS$324.1811.3%
+US$5.6b		142.7%PE56.7x

Latest News

JBL
US$299.50
Jabil
7D
11.5%
1Y
127.0%
APH
US$140.75
Amphenol
7D
10.0%
1Y
115.2%
FN
US$662.13
Fabrinet
7D
18.7%
1Y
250.1%
AIOT
US$2.95
PowerFleet
7D
-4.2%
1Y
-39.0%

PowerFleet: Product Mix Can Help It Become Profitable

Apr 10
GLW
US$171.24
Corning
7D
15.8%
1Y
315.0%

Corning: One Of The Most Intriguing Infrastructure Plays

Apr 09
COHR
US$307.50
Coherent
7D
19.1%
1Y
457.1%

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.
KEYS
US$324.18
Keysight Technologies
7D
11.3%
1Y
142.7%

KEYS: Future Returns Will Rely On Durable AI And Wireline Order Momentum

The analyst price target for Keysight Technologies has moved modestly higher to reflect a fair value estimate of about $306. Analysts point to stronger order momentum across AI, wireline, and aerospace and defense, along with updated revenue and earnings models following recent Q1 results.
ARLO
US$13.12
Arlo Technologies
7D
-6.5%
1Y
47.7%
EVLV
US$5.96
Evolv Technologies Holdings
7D
-1.2%
1Y
77.4%
SMRT
US$1.41
SmartRent
7D
-7.2%
1Y
87.0%

SMRT: Share Buybacks Will Support Future Upside As Losses Narrow

Analysts have modestly adjusted their SmartRent price target to $2.00 per share, reflecting updated views on fair value, discount rate, profit margin, and future P/E assumptions, while keeping revenue growth expectations steady. What's in the News SmartRent completed its share repurchase program announced on March 5, 2024, buying back a total of 20,250,000 shares, representing 10.22% of shares for $33.46 million (Key Developments).
TEL
US$229.78
TE Connectivity
7D
9.9%
1Y
79.6%

TEL: Future Buybacks And Margins Will Likely Keep Shares Fairly Priced

Analysts have trimmed their price target on TE Connectivity to $202.29 from $211.17, citing updated assumptions for slightly higher revenue growth and profit margins, along with a lower future P/E multiple. What's in the News Credo Technology Group Holding Ltd.
BMI
US$155.23
Badger Meter
7D
-1.0%
1Y
-15.4%

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.
LIDR
US$1.58
AEye
7D
-13.7%
1Y
150.4%
FLEX
US$76.74
Flex
7D
11.9%
1Y
159.3%

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.
MSAI
US$0.15
MultiSensor AI Holdings
7D
-37.4%
1Y
-82.7%
MVIS
US$0.61
MicroVision
7D
-4.3%
1Y
-50.2%