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U.S. Electronic Equipment and Components Industry Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies183
  • 7D2.8%
  • 3M12.6%
  • 1Y72.1%
  • YTD12.0%

Over the last 7 days, the Electronic Equipment and Components industry has risen 2.8%, driven by gains from Corning of 9.3%. In the same time, Amphenol was down 5.3%. This takes the industry's 12 month performance to a gain of 72%. 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, 25 Mar 2026US$725.1bUS$408.4bUS$15.3b30.3x47.5x1.8x
Fri, 20 Feb 2026US$751.9bUS$404.8bUS$15.0b28.8x50x1.9x
Sun, 18 Jan 2026US$701.6bUS$395.3bUS$16.0b27.8x43.8x1.8x
Tue, 16 Dec 2025US$661.8bUS$396.0bUS$16.2b24.7x41x1.7x
Thu, 13 Nov 2025US$667.6bUS$395.9bUS$16.0b25.3x41.6x1.7x
Sat, 11 Oct 2025US$635.8bUS$388.4bUS$13.7b24.9x46.4x1.6x
Mon, 08 Sep 2025US$591.8bUS$386.6bUS$13.5b23.9x43.9x1.5x
Wed, 06 Aug 2025US$575.8bUS$384.0bUS$15.0b22.6x38.4x1.5x
Fri, 04 Jul 2025US$544.5bUS$377.6bUS$13.6b25.5x40.1x1.4x
Sun, 01 Jun 2025US$483.2bUS$375.7bUS$13.4b21.9x36.1x1.3x
Tue, 29 Apr 2025US$427.7bUS$373.3bUS$13.6b19.6x31.4x1.1x
Thu, 27 Mar 2025US$448.7bUS$371.0bUS$13.9b21.3x32.2x1.2x
Sat, 22 Feb 2025US$467.4bUS$370.9bUS$14.8b23.8x31.6x1.3x
Mon, 20 Jan 2025US$478.3bUS$369.6bUS$15.6b25.9x30.8x1.3x
Wed, 18 Dec 2024US$483.5bUS$369.6bUS$15.6b26x31x1.3x
Fri, 15 Nov 2024US$473.3bUS$369.6bUS$15.8b23.5x29.9x1.3x
Sun, 13 Oct 2024US$457.1bUS$323.1bUS$15.9b24.1x28.8x1.4x
Tue, 10 Sep 2024US$413.6bUS$323.9bUS$15.8b21.7x26.2x1.3x
Thu, 08 Aug 2024US$401.5bUS$325.3bUS$15.7b21.4x25.5x1.2x
Sat, 06 Jul 2024US$429.5bUS$329.2bUS$15.1b21.3x28.4x1.3x
Mon, 03 Jun 2024US$432.8bUS$331.3bUS$15.3b21.5x28.4x1.3x
Wed, 01 May 2024US$411.3bUS$338.2bUS$15.8b18.4x26x1.2x
Fri, 29 Mar 2024US$422.9bUS$338.7bUS$15.7b19.1x27x1.2x
Sun, 25 Feb 2024US$407.9bUS$341.1bUS$14.9b19x27.3x1.2x
Tue, 23 Jan 2024US$396.7bUS$350.3bUS$13.7b19.7x29x1.1x
Thu, 21 Dec 2023US$405.9bUS$352.2bUS$13.7b21x29.6x1.2x
Sat, 18 Nov 2023US$367.4bUS$353.7bUS$13.9b18.7x26.4x1x
Mon, 16 Oct 2023US$358.3bUS$358.4bUS$14.4b16.7x24.9x1x
Wed, 13 Sep 2023US$376.5bUS$360.4bUS$14.6b16.4x25.8x1x
Fri, 11 Aug 2023US$386.9bUS$359.6bUS$15.1b17.8x25.6x1.1x
Sun, 09 Jul 2023US$392.7bUS$361.6bUS$15.0b17.1x26.1x1.1x
Tue, 06 Jun 2023US$370.2bUS$362.6bUS$15.1b16.3x24.5x1x
Thu, 04 May 2023US$343.2bUS$360.0bUS$15.4b15.7x22.2x1x
Sat, 01 Apr 2023US$376.7bUS$361.3bUS$16.2b17.5x23.3x1x
Price to Earnings Ratio

23.3x


Total Market Cap: US$376.7bTotal 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 31.8x202420252026
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 47.5x which is higher than its 3-year average PE of 31.8x.
  • 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 4.2% 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-2.29%
Tech-2.62%
Electronic Equipment and Components2.76%
Electronic Manufacturing Services5.98%
Technology Distributors2.14%
Electronic Components1.89%
Electronic Equipment and Instruments1.68%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 52.3x.
    • Analysts are expecting annual earnings growth of 21.8%, 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$142.019.3%
+US$10.5b		189.9%PE76.4x
COHR CoherentUS$272.3310.8%
+US$5.2b		260.0%PE276.6x
FN FabrinetUS$600.9120.2%
+US$3.6b		169.9%PE57.1x
KEYS Keysight TechnologiesUS$298.583.9%
+US$1.9b		88.4%PE52.2x
JBL JabilUS$277.385.7%
+US$1.6b		87.1%PE36.2x

Latest News

NSIT
US$66.02
Insight Enterprises
7D
-17.1%
1Y
-57.7%
FN
US$600.91
Fabrinet
7D
20.2%
1Y
169.9%
UMAC
US$15.09
Unusual Machines
7D
-27.8%
1Y
108.7%
GLW
US$142.01
Corning
7D
9.3%
1Y
189.9%
COHR
US$272.33
Coherent
7D
10.8%
1Y
260.0%
ZBRA
US$207.49
Zebra Technologies
7D
-0.8%
1Y
-28.7%
TTMI
US$106.99
TTM Technologies
7D
9.7%
1Y
367.4%

TTMI: Radar Demand And Margin Discipline Will Support Future Upside

Analysts have lifted their price targets on TTM Technologies by up to $36, with the latest updates pointing to refined assumptions on discount rates, revenue growth, profit margins, and future P/E. These changes keep the model fair value steady at $118.50.
NOVT
US$119.46
Novanta
7D
-1.3%
1Y
-12.7%

NOVT: Future Earnings Power Will Rely On Accelerating Margins

Analysts have lifted their price target on Novanta to $150 from $138, citing updated Q4 models that suggest the company may be positioned for faster sales growth and margin expansion. Analyst Commentary Bullish Takeaways Bullish analysts point to the raised price target to $150 as a sign that updated Q4 assumptions support a higher valuation range for the shares.
RAL
US$42.58
Ralliant
7D
-1.6%
1Y
n/a
TDY
US$626.06
Teledyne Technologies
7D
-2.6%
1Y
22.2%
FWDI
US$4.77
Forward Industries
7D
-13.7%
1Y
22.6%
JBL
US$277.38
Jabil
7D
5.7%
1Y
87.1%
KEYS
US$298.58
Keysight Technologies
7D
3.9%
1Y
88.4%
APH
US$127.96
Amphenol
7D
-5.3%
1Y
84.1%

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.
AEIS
US$356.38
Advanced Energy Industries
7D
12.8%
1Y
229.6%
FLEX
US$69.10
Flex
7D
5.7%
1Y
87.8%

FLEX: AI Power Segment Execution Will Support Higher Future Margins

Analysts have nudged the fair value estimate for Flex up by $2 to $80, highlighting firm views on the company's margin potential and the appeal of its power business as an AI enabler, along with recent price target support from new and updated coverage on the stock. Analyst Commentary Bullish analysts have recently highlighted Flex's potential for stronger margins and reinforced their confidence with fresh coverage and updated targets.