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U.S. Electronic Equipment and Components Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies185
  • 7D-7.5%
  • 3M7.9%
  • 1Y77.3%
  • YTD9.3%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 10%, driven by a pullback from Corning of 18%. This takes the industry's 12 month performance to a gain of 70%. 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
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
Fri, 17 Mar 2023US$358.0bUS$359.3bUS$15.9b16.8x22.5x1x
Price to Earnings Ratio

22.5x


Total Market Cap: US$358.0bTotal 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 31.5x202420252026
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 46.1x which is higher than its 3-year average PE of 31.5x.
  • 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 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-1.50%
Tech0.60%
Electronic Equipment and Components-7.51%
Technology Distributors-2.52%
Electronic Manufacturing Services-5.96%
Electronic Equipment and Instruments-6.81%
Electronic Components-9.28%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 51.8x.
    • Analysts are expecting annual earnings growth of 22.1%, 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 24% 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
APH AmphenolUS$136.060.7%
+US$1.1b		120.2%PE39.2x
INGM Ingram Micro HoldingUS$22.244.2%
+US$209.2m		17.5%PE15.9x
UMAC Unusual MachinesUS$17.2821.6%
+US$113.2m		215.3%PS76.7x
ITRI ItronUS$96.181.1%
+US$45.8m		-7.3%PE14.4x
SMRT SmartRentUS$1.7813.4%
+US$45.1m		53.4%PS2.2x

Latest News

KEYS
US$282.02
Keysight Technologies
7D
-10.0%
1Y
84.5%
COHR
US$252.32
Coherent
7D
-15.6%
1Y
301.7%
APH
US$136.06
Amphenol
7D
0.7%
1Y
120.2%
FN
US$527.53
Fabrinet
7D
-9.3%
1Y
180.8%
OUST
US$20.55
Ouster
7D
1.5%
1Y
168.6%
TTMI
US$96.80
TTM Technologies
7D
-14.3%
1Y
342.2%

TTMI: Radar And Data Center Demand Will Support Future Margins

Analysts have increased their blended 12 month price target on TTM Technologies by $36 to $118.50, citing updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Street research around TTM Technologies has centered on how updated assumptions on discount rates, revenue trajectory, profit margins, and future P/E multiples flow through to valuation.
GLW
US$129.05
Corning
7D
-18.3%
1Y
186.7%
INGM
US$22.24
Ingram Micro Holding
7D
4.2%
1Y
17.5%
UMAC
US$17.28
Unusual Machines
7D
21.6%
1Y
215.3%
SMRT
US$1.78
SmartRent
7D
13.4%
1Y
53.4%
TEL
US$206.24
TE Connectivity
7D
-2.7%
1Y
39.3%

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

Analysts have adjusted their price target for TE Connectivity to $211.17, reflecting fine tuning to revenue growth, profit margin and future P/E assumptions that are now slightly higher or lower than before but remain broadly consistent with prior expectations. What's in the News Between September 27, 2025 and December 26, 2025, TE Connectivity repurchased 1,755,790 shares, about 0.6% of its shares, for $405.69m under its ongoing buyback program (Key Developments).
ITRI
US$96.18
Itron
7D
1.1%
1Y
-7.3%
TDY
US$654.06
Teledyne Technologies
7D
-5.0%
1Y
36.5%
FLEX
US$61.33
Flex
7D
-6.4%
1Y
86.3%

FLEX: Liquid Cooling Execution Will Support AI Data Center Upside Repricing

Analysts have raised their average price target on Flex by $1, reflecting recent positive research attention and updated assumptions around discount rates, revenue, profit margins, and forward P/E expectations. Analyst Commentary Bullish analysts see the latest price target move as a reflection of improved confidence in Flex's ability to execute against updated assumptions on discount rates, revenue trends, profit margins, and forward P/E.
AEVA
US$14.76
Aeva Technologies
7D
1.8%
1Y
450.7%
FWDI
US$5.02
Forward Industries
7D
11.6%
1Y
31.4%