Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Electronic Equipment and Instruments Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies100
  • 7D1.7%
  • 3M15.5%
  • 1Y72.6%
  • YTDn/a

Over the last 7 days, the Electronic Equipment and Instruments industry has risen 1.7%, driven by gains from Keysight Technologies of 2.2%. This takes the industry's 12 month performance to a gain of 73%. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

Has the U.S. Electronic Equipment and Instruments Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026US$176.0bUS$37.7bUS$1.6b32.9x107.1x4.7x
Sat, 14 Mar 2026US$159.7bUS$37.6bUS$1.7b32x92.6x4.2x
Mon, 09 Feb 2026US$154.7bUS$36.8bUS$1.5b30.2x103.4x4.2x
Wed, 07 Jan 2026US$142.8bUS$36.7bUS$2.9b31.2x49.7x3.9x
Fri, 05 Dec 2025US$160.9bUS$40.2bUS$3.1b29.3x51.4x4x
Sun, 02 Nov 2025US$160.7bUS$39.8bUS$2.6b28.4x62.3x4x
Tue, 30 Sep 2025US$161.5bUS$40.0bUS$2.6b26.8x63.3x4x
Thu, 28 Aug 2025US$158.8bUS$40.0bUS$2.6b25.6x62.2x4x
Sat, 26 Jul 2025US$159.1bUS$39.5bUS$4.0b25.8x39.7x4x
Mon, 23 Jun 2025US$141.9bUS$37.8bUS$3.6b25.5x38.9x3.8x
Wed, 21 May 2025US$141.0bUS$37.6bUS$3.5b27.4x40.3x3.8x
Fri, 18 Apr 2025US$117.0bUS$37.2bUS$3.5b20.8x33x3.1x
Sun, 16 Mar 2025US$132.3bUS$37.3bUS$3.6b23x36.8x3.5x
Tue, 11 Feb 2025US$149.2bUS$37.0bUS$3.4b25.8x44.5x4x
Thu, 09 Jan 2025US$145.5bUS$36.8bUS$3.5b25.7x41.9x4x
Sat, 07 Dec 2024US$149.0bUS$36.9bUS$3.4b28.8x43.6x4x
Mon, 04 Nov 2024US$136.1bUS$37.0bUS$3.8b28.4x36.2x3.7x
Wed, 02 Oct 2024US$135.9bUS$36.5bUS$3.5b28.1x38.6x3.7x
Fri, 30 Aug 2024US$131.2bUS$36.5bUS$3.7b24x35.8x3.6x
Sun, 28 Jul 2024US$132.4bUS$36.9bUS$2.2b28.6x61.5x3.6x
Tue, 25 Jun 2024US$126.5bUS$37.7bUS$2.2b24.3x56.5x3.4x
Thu, 23 May 2024US$131.8bUS$37.7bUS$2.2b27.8x58.8x3.5x
Sat, 20 Apr 2024US$123.6bUS$37.9bUS$2.3b26.5x54.6x3.3x
Mon, 18 Mar 2024US$127.7bUS$37.9bUS$2.2b26.6x57.2x3.4x
Wed, 14 Feb 2024US$121.7bUS$38.5bUS$2.3b25.3x52.4x3.2x
Fri, 12 Jan 2024US$131.6bUS$41.6bUS$2.3b25.8x56.6x3.2x
Sun, 10 Dec 2023US$123.8bUS$41.6bUS$2.3b23.8x53.2x3x
Tue, 07 Nov 2023US$114.1bUS$40.8bUS$2.1b19.7x53.9x2.8x
Thu, 05 Oct 2023US$121.3bUS$42.0bUS$2.4b20.5x51x2.9x
Sat, 02 Sep 2023US$131.1bUS$41.9bUS$2.4b23.1x55.6x3.1x
Mon, 31 Jul 2023US$133.7bUS$41.6bUS$2.2b23.4x60.2x3.2x
Wed, 28 Jun 2023US$131.2bUS$41.4bUS$2.2b24.2x59.7x3.2x
Fri, 26 May 2023US$125.6bUS$41.4bUS$2.2b23.6x57.5x3x
Sun, 23 Apr 2023US$123.3bUS$40.3bUS$2.5b24.3x49.5x3.1x
Price to Earnings Ratio

49.5x


Total Market Cap: US$123.3bTotal Earnings: US$2.5bTotal Revenue: US$40.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Instruments Industry Price to Earnings3Y Average 53.3x202420252026
Current Industry PE
  • Investors are optimistic on the American Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 107x which is higher than its 3-year average PE of 53.3x.
  • The 3-year average PS ratio of 3.6x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
  • The earnings for companies in the Electronic Equipment and Instruments industry have declined 13% per year over the last three years,
  • Revenues have also declined 2.3% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.S. Electronic Equipment and Instruments compare with similar industries?

US Market3.42%
Tech7.00%
Electronic Equipment and Components5.16%
Electronic Equipment and Instruments1.69%
Electronic Manufacturing Services6.73%
Electronic Components6.16%
Technology Distributors3.89%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
KEYS Keysight TechnologiesUS$325.252.2%
+US$1.2b		141.3%PE56.9x
ZBRA Zebra TechnologiesUS$229.643.8%
+US$411.1m		2.2%PE26.5x
AEIS Advanced Energy IndustriesUS$374.322.0%
+US$381.8m		337.4%PE95.3x
LASR nLIGHTUS$66.4210.1%
+US$340.3m		832.9%PS14.2x
OSIS OSI SystemsUS$305.906.0%
+US$287.1m		61.6%PE32.9x

Latest News

TDY
US$634.77
Teledyne Technologies
7D
-3.9%
1Y
37.7%
OUST
US$24.44
Ouster
7D
20.6%
1Y
253.7%
RAL
US$45.80
Ralliant
7D
3.5%
1Y
n/a
SNT
US$2.94
Senstar Technologies
7D
-3.6%
1Y
-3.6%
VNT
US$36.40
Vontier
7D
-1.3%
1Y
21.2%
LASR
US$66.42
nLIGHT
7D
10.1%
1Y
832.9%

LASR: Directed Energy Defense Focus Will Drive Capacity And Revenue Expectations

The analyst price target for nLIGHT has been raised from $66.75 to $73.50 as analysts point to stronger expected revenue growth, supportive funding trends for directed energy platforms, and the company’s move toward a focused high power laser profile. Analyst Commentary Recent research highlights a cluster of optimistic views around nLIGHT, with several firms lifting price targets and initiating coverage with positive ratings.
ZBRA
US$229.64
Zebra Technologies
7D
3.8%
1Y
2.2%
OSIS
US$305.90
OSI Systems
7D
6.0%
1Y
61.6%

OSIS: Order Pacing And Security Wins Will Shape Balanced Future Setup

Analysts have raised their price targets for OSI Systems by up to $20, citing steady mid year pacing and updated valuation work that reflects a slightly higher assumed future P/E and discount rate. Analyst Commentary Recent Street research on OSI Systems has focused on refreshed valuation work and the pacing of orders through mid year, leading to several price target increases and mixed views on the near term order backdrop.
DAKT
US$19.08
Daktronics
7D
-6.0%
1Y
54.4%

DAKT: New CEO And Major Venue Deals Will Support Future Upside

Analysts have made only a slight tweak to their Daktronics price target, keeping their fair value view at about $33 while fine tuning inputs such as the discount rate, revenue growth, profit margin, and future P/E assumptions to reflect updated modelling rather than a change in broad conviction. What's in the News Appointment of Ramesh Jayaraman as President and CEO, with former interim CEO Bradley T.
ITRI
US$97.55
Itron
7D
4.9%
1Y
-4.0%

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.
AEIS
US$374.32
Advanced Energy Industries
7D
2.0%
1Y
337.4%

AEIS: AI WFE Spending And Broader End Markets Will Shape Outlook

The updated analyst price target for Advanced Energy Industries has increased to $342.22 from $337.22. Analysts cite stronger expectations around wafer fab equipment spending, AI-related chip capacity build-outs, and a broader set of end markets as key drivers behind the change.
KEYS
US$325.25
Keysight Technologies
7D
2.2%
1Y
141.3%

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.
MIR
US$19.76
Mirion Technologies
7D
-1.9%
1Y
42.8%

MIR: Artemis II Radiation Role And 2026 Guidance Will Support Long Term Upside

Analysts have trimmed their price target on Mirion Technologies slightly to $28.10 from $28.80, pointing to modest tweaks in fair value, discount rate and future P/E assumptions, while keeping revenue growth and profit margin expectations broadly in line. What's in the News Mirion’s Crew Active Dosimeters will be carried by astronauts on NASA’s Artemis II mission to provide personal, time resolved radiation monitoring during the first crewed flight of the program, after previously being used with ATOM phantoms on Artemis I (Key Developments).
POAS
US$1.83
Phaos Technology Holdings (Cayman)
7D
-5.7%
1Y
n/a
WRAP
US$1.43
Wrap Technologies
7D
-4.0%
1Y
1.4%
SMX
US$5.29
SMX (Security Matters)
7D
-15.2%
1Y
-99.9%