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U.S. Electronic Equipment and Components Industry Analysis

UpdatedMar 27, 2026
DataAggregated Company Financials
Companies184
  • 7D-2.3%
  • 3M8.6%
  • 1Y73.5%
  • YTD8.0%

Over the last 7 days, the Electronic Equipment and Components industry has risen 5.7%, driven by gains from Corning of 1.7%. During this same period, the Amphenol underperformed, falling 5.8%. This takes the industry's 12 month performance to a gain of 79%. 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
Fri, 27 Mar 2026US$754.0bUS$408.4bUS$15.3b29.1x49.3x1.8x
Sun, 22 Feb 2026US$773.2bUS$404.8bUS$15.0b30x51.4x1.9x
Tue, 20 Jan 2026US$701.6bUS$395.3bUS$16.0b27.8x43.8x1.8x
Thu, 18 Dec 2025US$646.8bUS$396.0bUS$16.2b24.1x40x1.6x
Sat, 15 Nov 2025US$637.4bUS$395.9bUS$16.0b23.7x39.8x1.6x
Mon, 13 Oct 2025US$607.5bUS$388.4bUS$13.7b24.9x44.3x1.6x
Wed, 10 Sep 2025US$599.1bUS$386.6bUS$13.5b23.9x44.4x1.5x
Fri, 08 Aug 2025US$570.5bUS$386.0bUS$13.6b23.5x41.9x1.5x
Sun, 06 Jul 2025US$544.4bUS$377.6bUS$13.6b25.5x40x1.4x
Tue, 03 Jun 2025US$483.3bUS$375.7bUS$13.4b22x36.1x1.3x
Thu, 01 May 2025US$427.1bUS$374.0bUS$13.6b20.2x31.5x1.1x
Sat, 29 Mar 2025US$433.7bUS$371.6bUS$13.9b20.5x31.3x1.2x
Mon, 24 Feb 2025US$467.5bUS$370.9bUS$14.8b23.8x31.6x1.3x
Wed, 22 Jan 2025US$478.3bUS$369.6bUS$15.6b26.1x30.8x1.3x
Fri, 20 Dec 2024US$460.7bUS$368.2bUS$15.5b24.9x29.7x1.3x
Sun, 17 Nov 2024US$458.3bUS$369.6bUS$15.8b23.6x28.9x1.2x
Tue, 15 Oct 2024US$457.1bUS$323.1bUS$15.9b24.1x28.8x1.4x
Thu, 12 Sep 2024US$419.6bUS$323.9bUS$15.8b21.6x26.6x1.3x
Sat, 10 Aug 2024US$409.4bUS$324.3bUS$15.6b21x26.2x1.3x
Mon, 08 Jul 2024US$428.0bUS$329.2bUS$15.1b21.3x28.3x1.3x
Wed, 05 Jun 2024US$432.4bUS$331.3bUS$15.3b21.1x28.3x1.3x
Fri, 03 May 2024US$401.3bUS$331.6bUS$15.4b19x26x1.2x
Sun, 31 Mar 2024US$423.1bUS$338.7bUS$15.7b19.1x27x1.2x
Tue, 27 Feb 2024US$409.1bUS$341.2bUS$14.9b19.7x27.4x1.2x
Thu, 25 Jan 2024US$396.5bUS$350.4bUS$15.2b19.1x26.1x1.1x
Sat, 23 Dec 2023US$406.8bUS$352.2bUS$13.7b21.2x29.6x1.2x
Mon, 20 Nov 2023US$369.4bUS$353.7bUS$13.9b18.1x26.6x1x
Wed, 18 Oct 2023US$364.0bUS$358.4bUS$14.4b17x25.2x1x
Fri, 15 Sep 2023US$372.3bUS$360.4bUS$14.6b15.9x25.5x1x
Sun, 13 Aug 2023US$386.1bUS$359.6bUS$15.0b16.6x25.8x1.1x
Tue, 11 Jul 2023US$399.2bUS$361.6bUS$15.0b17.2x26.6x1.1x
Thu, 08 Jun 2023US$368.6bUS$362.6bUS$15.1b16.5x24.4x1x
Sat, 06 May 2023US$347.2bUS$359.8bUS$15.1b16.6x23x1x
Mon, 03 Apr 2023US$376.7bUS$361.4bUS$16.2b17.2x23.3x1x
Price to Earnings Ratio

23.3x


Total Market Cap: US$376.7bTotal Earnings: US$16.2bTotal Revenue: US$361.4bTotal 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 48.9x 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-1.62%
Tech-3.55%
Electronic Equipment and Components-2.32%
Technology Distributors1.55%
Electronic Manufacturing Services0.59%
Electronic Equipment and Instruments-3.26%
Electronic Components-3.80%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 52.4x.
    • Analysts are expecting annual earnings growth of 21.9%, 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$135.321.7%
+US$2.1b		190.6%PE72.8x
TEL TE ConnectivityUS$203.202.4%
+US$1.4b		38.1%PE28.9x
SNX TD SYNNEXUS$159.642.8%
+US$347.5m		48.4%PE15.7x
FN FabrinetUS$549.701.7%
+US$320.6m		166.1%PE52.2x
LWLG Lightwave LogicUS$7.8411.3%
+US$142.3m		675.7%PS4923.2x

Latest News

GLW
US$135.32
Corning
7D
1.7%
1Y
190.6%
TEL
US$203.20
TE Connectivity
7D
2.4%
1Y
38.1%
KEYS
US$281.07
Keysight Technologies
7D
-3.1%
1Y
81.2%

KEYS: Future Returns Will Depend On Durable AI And Wireline Order Strength

Analysts have raised the Keysight Technologies fair value estimate by about $3 to $301.54 as they factor in higher target P/E multiples, supported by recent research citing stronger orders, broadening demand beyond AI, and updated earnings frameworks following fiscal Q1 results. Analyst Commentary Street research on Keysight Technologies has shifted meaningfully, with a cluster of higher price targets and ratings changes following fiscal Q1.
COHR
US$243.29
Coherent
7D
-11.7%
1Y
258.3%

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.
TDY
US$611.08
Teledyne Technologies
7D
-3.8%
1Y
20.5%

TDY: Space And Defense Programs Will Support Medium Term Premium Multiple Re Rating

Analysts have nudged the fair value estimate for Teledyne Technologies slightly higher, supported by a series of recent price target increases across the Street that now range from around $579 to $770, as they factor in a short cycle recovery, Q4 results, updated long term guidance, and fresh analysis of the company's annual filing. Analyst Commentary Recent Street research on Teledyne clusters around a wide price target range, while keeping ratings largely in the middle of the road.
FN
US$549.70
Fabrinet
7D
1.7%
1Y
166.1%
ARW
US$143.24
Arrow Electronics
7D
1.9%
1Y
36.0%
LFUS
US$337.73
Littelfuse
7D
1.5%
1Y
60.8%

LFUS: AI And Defense Tailwinds Will Steady Returns After Recent Pullback

Analysts have raised their Littelfuse price target by $35 to $408, citing what they view as favorable underlying trends supported by AI and defense demand, even after the recent selloff. Analyst Commentary Recent research has focused on how Littelfuse could be positioned against themes such as AI related infrastructure and defense demand, especially after the recent share price pullback.
ROG
US$109.29
Rogers
7D
6.7%
1Y
54.3%

ROG: Share Repurchases And Stable Margins Will Support Future Upside Potential

Analysts have kept their price target for Rogers steady at $124.33, citing only marginal tweaks to their discount rate, long term revenue growth, profit margin assumptions and future P/E expectations that leave their overall valuation view essentially unchanged. What's in the News Rogers issued earnings guidance for the first quarter of 2026, expecting net sales in a range of $193 million to $208 million, giving you a sense of the revenue level management is planning for in the near term (Key Developments).
MIR
US$18.25
Mirion Technologies
7D
-7.3%
1Y
22.2%

MIR: 2026 Guidance And Margin Assumptions Will Support Constructive Long Term Upside

Analysts have trimmed their price target for Mirion Technologies by $0.50 to $28.80, reflecting a slightly higher discount and modestly adjusted fair value and future P/E assumptions, while keeping revenue growth and profit margin expectations broadly unchanged. What's in the News Mirion Technologies reported that between October 1, 2025 and December 31, 2025, it repurchased 0 shares for $0 million under its existing buyback program.
LWLG
US$7.84
Lightwave Logic
7D
11.3%
1Y
675.7%
SNX
US$159.64
TD SYNNEX
7D
2.8%
1Y
48.4%

SNX: Future Returns Will Be Driven By Hyve Execution And AI Offerings

Analyst price targets for TD SYNNEX have remained within a relatively tight range, with changes between $163 and $193 reflecting differing views on billings growth potential, the contribution from Hyve, and the impact of hardware budget pressures tied to memory price inflation. Analyst Commentary Bullish Takeaways Bullish analysts see room for solid execution in both core distribution and Hyve, with some expecting billings growth in the mid to high single digits for distribution and higher growth for Hyve supporting their targets.
APH
US$123.13
Amphenol
7D
-5.8%
1Y
80.6%

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$313.11
Advanced Energy Industries
7D
-4.5%
1Y
213.0%
FLEX
US$64.76
Flex
7D
-1.6%
1Y
87.9%

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.
LASR
US$63.86
nLIGHT
7D
-9.9%
1Y
672.2%

LASR: Directed Energy Defense Expansion And Vertical Integration Will Shape Future Earnings

The analyst fair value estimate for nLIGHT has increased from $55.00 to about $92.63, as analysts highlight rising price targets tied to market tailwinds in directed energy, the company's vertical integration, and recent revenue and margin trends. Analyst Commentary Recent research points to a cluster of bullish analysts lifting fair value assumptions and price targets for nLIGHT, reflecting confidence in the company’s execution in directed energy and related defense applications.