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U.S. Electronic Equipment and Components Industry Analysis

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies183
  • 7D2.2%
  • 3M23.1%
  • 1Y130.5%
  • YTD31.5%

Over the last 7 days, the Electronic Equipment and Components industry has risen 2.2%, driven by gains from Coherent of 9.7%. In the last 12 months, the industry was up 130%. Looking forward, earnings are forecast to grow by 23% 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, 22 Apr 2026US$873.5bUS$411.1bUS$15.4b28.7x56.7x2.1x
Fri, 20 Mar 2026US$712.1bUS$408.4bUS$15.4b29.4x46.2x1.7x
Sun, 15 Feb 2026US$750.7bUS$404.8bUS$15.0b28.3x50.1x1.9x
Tue, 13 Jan 2026US$656.3bUS$395.3bUS$16.0b26.2x41x1.7x
Thu, 11 Dec 2025US$687.1bUS$396.0bUS$16.3b25.4x42.1x1.7x
Sat, 08 Nov 2025US$662.7bUS$395.9bUS$16.0b25.3x41.3x1.7x
Mon, 06 Oct 2025US$626.1bUS$388.4bUS$13.7b24x45.7x1.6x
Wed, 03 Sep 2025US$578.2bUS$386.6bUS$13.5b22.9x42.9x1.5x
Fri, 01 Aug 2025US$574.4bUS$383.1bUS$15.1b23.2x37.9x1.5x
Sun, 29 Jun 2025US$530.2bUS$377.8bUS$13.5b23.6x39.2x1.4x
Tue, 27 May 2025US$474.3bUS$375.7bUS$13.4b22.1x35.4x1.3x
Thu, 24 Apr 2025US$394.5bUS$373.3bUS$13.6b19.4x29.1x1.1x
Sat, 22 Mar 2025US$438.6bUS$371.0bUS$13.9b20.4x31.5x1.2x
Mon, 17 Feb 2025US$477.2bUS$370.8bUS$14.8b23.9x32.2x1.3x
Wed, 15 Jan 2025US$467.2bUS$369.6bUS$15.6b25.2x30x1.3x
Fri, 13 Dec 2024US$479.2bUS$369.6bUS$15.6b26.3x30.7x1.3x
Sun, 10 Nov 2024US$489.9bUS$369.8bUS$15.8b24.5x30.9x1.3x
Tue, 08 Oct 2024US$444.5bUS$323.1bUS$15.8b24x28.2x1.4x
Thu, 05 Sep 2024US$422.0bUS$323.9bUS$15.9b22x26.5x1.3x
Sat, 03 Aug 2024US$421.7bUS$325.5bUS$14.5b22.2x29.1x1.3x
Mon, 01 Jul 2024US$430.2bUS$329.4bUS$15.1b21.6x28.5x1.3x
Wed, 29 May 2024US$440.3bUS$331.3bUS$15.3b21.3x28.9x1.3x
Fri, 26 Apr 2024US$406.6bUS$338.5bUS$15.9b19.3x25.6x1.2x
Sun, 24 Mar 2024US$417.7bUS$339.8bUS$15.7b19x26.7x1.2x
Tue, 20 Feb 2024US$406.1bUS$341.3bUS$15.0b19.5x27x1.2x
Thu, 18 Jan 2024US$382.5bUS$350.3bUS$13.7b19x27.9x1.1x
Sat, 16 Dec 2023US$404.4bUS$352.2bUS$13.7b20.9x29.5x1.1x
Mon, 13 Nov 2023US$356.1bUS$353.6bUS$13.9b17.5x25.7x1x
Wed, 11 Oct 2023US$370.0bUS$358.4bUS$14.4b16.9x25.6x1x
Fri, 08 Sep 2023US$377.6bUS$360.4bUS$14.6b16x25.8x1x
Sun, 06 Aug 2023US$389.4bUS$359.4bUS$15.1b16.8x25.8x1.1x
Tue, 04 Jul 2023US$395.4bUS$361.6bUS$15.0b17.5x26.3x1.1x
Thu, 01 Jun 2023US$362.7bUS$362.6bUS$15.1b16.7x24x1x
Sat, 29 Apr 2023US$346.9bUS$361.3bUS$15.6b15.4x22.3x1x
Price to Earnings Ratio

22.3x


Total Market Cap: US$346.9bTotal Earnings: US$15.6bTotal Revenue: US$361.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 32.5x202420252026
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 56.7x which is higher than its 3-year average PE of 32.5x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.1x.
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 Market1.31%
Tech4.29%
Electronic Equipment and Components2.20%
Technology Distributors5.80%
Electronic Manufacturing Services4.60%
Electronic Components1.19%
Electronic Equipment and Instruments0.71%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 53.6x.
    • Analysts are expecting annual earnings growth of 22.2%, which is higher than its past year's earnings growth of 5.6% per year.
  • Investors are most pessimistic about the Technology Distributors industry, although it looks like investor sentiment has improved given that it's trading above 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 35% 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
COHR CoherentUS$343.799.7%
+US$5.9b		523.6%PE349.2x
APH AmphenolUS$151.932.2%
+US$3.9b		131.1%PE43.7x
JBL JabilUS$333.689.1%
+US$2.9b		150.4%PE43.5x
TEL TE ConnectivityUS$243.182.7%
+US$1.8b		82.2%PE34.5x
FLEX FlexUS$85.146.2%
+US$1.8b		172.3%PE36.7x

Latest News

COHR
US$343.79
Coherent
7D
9.7%
1Y
523.6%
CDW
US$141.41
CDW
7D
8.7%
1Y
-7.0%
TEL
US$243.18
TE Connectivity
7D
2.7%
1Y
82.2%
JBL
US$333.68
Jabil
7D
9.1%
1Y
150.4%
IPGP
US$123.86
IPG Photonics
7D
-0.6%
1Y
131.4%
TDY
US$642.79
Teledyne Technologies
7D
-0.7%
1Y
39.4%
BMI
US$120.89
Badger Meter
7D
-25.1%
1Y
-42.0%
GLW
US$165.45
Corning
7D
-4.3%
1Y
296.3%

GLW: AI Fiber Deal Enthusiasm Will Outrun Realistic Data Center Demand

Analyst fair value for Corning has shifted from about $129.64 to $139.21 as recent Street research, including multiple price target increases and updated AI related optical demand assumptions, has led analysts to adjust revenue growth expectations, profit margin outlooks, and future P/E assumptions, while modestly lifting the discount rate. Analyst Commentary Recent Street research on Corning reflects an active debate, with many firms lifting price targets and growth assumptions around AI driven optical demand, while a few higher profile downgrades signal concern about execution risk and valuation stretch.
VNT
US$36.72
Vontier
7D
-2.3%
1Y
23.0%
KEYS
US$339.30
Keysight Technologies
7D
2.7%
1Y
151.1%

AI Test Demand And Defense Modernization Will Eventually Restrain This Overstretched Outlook

Catalysts About Keysight Technologies Keysight Technologies provides test, measurement and software solutions that help customers design, validate and manufacture advanced electronic and communications systems. What are the underlying business or industry changes driving this perspective?
SANM
US$174.06
Sanmina
7D
12.7%
1Y
133.6%

Sanmina: Attractive Growth Path Ahead

Apr 17
CGNX
US$53.72
Cognex
7D
-3.3%
1Y
122.3%
APH
US$151.93
Amphenol
7D
2.2%
1Y
131.1%

APH: AI Connectivity And Hybrid Optics Outlook Will Likely Cap Near Term Upside

Narrative Update on Amphenol The analyst price target for Amphenol has been adjusted slightly higher to about $136 from $135, as analysts balance recent target cuts from UBS and Citi with prior target increases and updated views on growth, profitability, and P/E assumptions. Analyst Commentary Recent research on Amphenol reflects a mix of optimism and caution, with several firms adjusting targets and ratings as they reassess growth potential, execution risks, and how the stock is valued versus its peers.
FLEX
US$85.14
Flex
7D
6.2%
1Y
172.3%
ITRI
US$94.16
Itron
7D
-2.3%
1Y
-9.6%

ITRI: Grid Modernization And AMI 2.0 Cycle Will Support Long-Term Cash Flows

Narrative Update on Itron The analyst price target for Itron has been updated to $136.80. Analysts point to the company’s position in North American smart metering, expectations around the Advanced Metering Infrastructure 2.0 replacement cycle, and views on utilities' grid modernization and margin potential as key reasons for their outlook.
OPTX
US$9.50
Syntec Optics Holdings
7D
-15.8%
1Y
564.3%