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

U.S. Electronic Equipment and Instruments Industry Analysis

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies101
  • 7D-7.1%
  • 3M11.9%
  • 1Y36.7%
  • YTDn/a

Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 7.1%, driven by Keysight Technologies declining 11%. Over the past 12 months, the industry was up 37%. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026US$164.5bUS$37.6bUS$1.7b30.7x97.1x4.4x
Mon, 02 Feb 2026US$148.0bUS$36.8bUS$3.0b26.9x50.2x4x
Wed, 31 Dec 2025US$160.4bUS$40.3bUS$3.1b29.5x51.1x4x
Fri, 28 Nov 2025US$156.7bUS$40.2bUS$3.1b28.7x50.1x3.9x
Sun, 26 Oct 2025US$163.8bUS$39.7bUS$2.6b28.4x62.8x4.1x
Tue, 23 Sep 2025US$165.2bUS$40.0bUS$2.6b27x64.6x4.1x
Thu, 21 Aug 2025US$156.8bUS$40.0bUS$2.5b23.5x62.1x3.9x
Sat, 19 Jul 2025US$160.7bUS$37.7bUS$3.6b25.6x44.2x4.3x
Mon, 16 Jun 2025US$140.4bUS$37.7bUS$3.6b26.3x39x3.7x
Wed, 14 May 2025US$139.7bUS$37.5bUS$3.5b27.6x39.6x3.7x
Fri, 11 Apr 2025US$122.3bUS$37.2bUS$3.5b20.1x34.6x3.3x
Sun, 09 Mar 2025US$134.7bUS$37.3bUS$3.6b22.8x37.7x3.6x
Tue, 04 Feb 2025US$152.3bUS$37.0bUS$3.4b25x45.4x4.1x
Thu, 02 Jan 2025US$143.1bUS$36.9bUS$3.5b26.2x41.3x3.9x
Sat, 30 Nov 2024US$149.5bUS$36.8bUS$3.4b28.5x44x4.1x
Mon, 28 Oct 2024US$135.3bUS$36.7bUS$3.6b28.4x37.5x3.7x
Wed, 25 Sep 2024US$132.7bUS$36.6bUS$3.5b26.6x37.7x3.6x
Fri, 23 Aug 2024US$132.6bUS$36.5bUS$3.7b24x36.3x3.6x
Sun, 21 Jul 2024US$130.8bUS$37.7bUS$2.2b27.7x58.6x3.5x
Tue, 18 Jun 2024US$125.3bUS$37.7bUS$2.2b25.3x56x3.3x
Thu, 16 May 2024US$131.1bUS$37.9bUS$2.4b28.3x54.3x3.5x
Sat, 13 Apr 2024US$130.3bUS$37.9bUS$2.3b27.6x57.6x3.4x
Mon, 11 Mar 2024US$130.3bUS$37.9bUS$2.2b27x58.3x3.4x
Wed, 07 Feb 2024US$121.8bUS$38.5bUS$2.3b25.5x51.9x3.2x
Fri, 05 Jan 2024US$130.5bUS$41.6bUS$2.3b25.5x56x3.1x
Sun, 03 Dec 2023US$122.9bUS$41.6bUS$2.3b22.8x53.1x3x
Tue, 31 Oct 2023US$110.5bUS$42.0bUS$2.4b18.2x45.8x2.6x
Thu, 28 Sep 2023US$120.2bUS$42.0bUS$2.4b19.2x50.5x2.9x
Sat, 26 Aug 2023US$126.9bUS$41.9bUS$2.4b22.4x53.8x3x
Mon, 24 Jul 2023US$136.5bUS$41.5bUS$2.2b24.4x62.2x3.3x
Wed, 21 Jun 2023US$131.8bUS$41.4bUS$2.2b24.6x60.5x3.2x
Fri, 19 May 2023US$129.0bUS$41.4bUS$2.2b23.6x59.8x3.1x
Sun, 16 Apr 2023US$127.0bUS$40.3bUS$2.5b26.2x51.2x3.2x
Tue, 14 Mar 2023US$120.6bUS$39.0bUS$2.3b26.2x52.6x3.1x
Price to Earnings Ratio

52.6x


Total Market Cap: US$120.6bTotal Earnings: US$2.3bTotal Revenue: US$39.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Instruments Industry Price to Earnings3Y Average 51.7x202420252026
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 97.1x which is higher than its 3-year average PE of 51.7x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 4.4x.
Past Earnings Growth
  • The earnings for companies in the Electronic Equipment and Instruments industry have declined 9.6% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

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

US Market-2.31%
Tech-0.53%
Electronic Equipment and Components-10.13%
Electronic Equipment and Instruments-7.11%
Technology Distributors-1.63%
Electronic Manufacturing Services-10.02%
Electronic Components-12.68%
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
LASR nLIGHTUS$58.644.4%
+US$136.7m		532.6%PS12.5x
OUST OusterUS$20.277.0%
+US$135.9m		150.9%PS7.5x
UMAC Unusual MachinesUS$16.4520.5%
+US$103.3m		166.6%PS73x
AEVA Aeva TechnologiesUS$14.176.9%
+US$54.7m		352.7%PS47.1x
SMRT SmartRentUS$1.7716.4%
+US$47.3m		45.1%PS2.2x

Latest News

LASR
US$58.64
nLIGHT
7D
4.4%
1Y
532.6%
UMAC
US$16.45
Unusual Machines
7D
20.5%
1Y
166.6%
AEIS
US$290.78
Advanced Energy Industries
7D
-13.3%
1Y
165.1%
VNT
US$38.35
Vontier
7D
-6.3%
1Y
14.0%

VNT: Future Earnings Power Will Rely On EV Charging And Share Repurchases

Analysts have nudged their Vontier price target slightly higher to $49.00. This reflects updated assumptions around fair value, discount rate, profit margin and future P/E that modestly refine their outlook on the shares.
CODA
US$14.40
Coda Octopus Group
7D
6.2%
1Y
110.2%
SMRT
US$1.77
SmartRent
7D
16.4%
1Y
45.1%
KEYS
US$272.43
Keysight Technologies
7D
-11.4%
1Y
74.8%
ZBRA
US$219.65
Zebra Technologies
7D
-1.9%
1Y
-25.0%

ZBRA: Industrial Automation And AI Adoption Will Support Post 2025 Margin Recovery

The updated analyst price target for Zebra Technologies moves slightly lower to $336, as analysts balance modest tweaks to growth, margin and P/E assumptions with mixed recent Street targets that range from $323 to $368. Analyst Commentary Recent research on Zebra Technologies presents a split picture, with some firms lifting price targets and others trimming them.
OUST
US$20.27
Ouster
7D
7.0%
1Y
150.9%

OUST: 2026 Top Pick And Physical AI Focus Will Drive Separation

Narrative Update on Ouster Analysts have maintained their $33.00 price target for Ouster, pointing to its selection as a 2026 top pick and highlighting expectations that the company continues to distinguish itself financially and operationally by focusing early on industrial, smart infrastructure and robotics or Physical AI markets. Analyst Commentary Recent commentary around Ouster centers on its inclusion as a 2026 top pick heading into the CES show in Las Vegas.
TDY
US$647.64
Teledyne Technologies
7D
-4.9%
1Y
34.1%
CGNX
US$49.45
Cognex
7D
-9.1%
1Y
45.6%

CGNX: Margin Execution And Demand Stability Will Shape Fairly Valued Outlook

The analyst fair value estimate for Cognex has been raised from $36.62 to $52.00, reflecting higher Street price targets in the $55 to $75 range and analyst expectations for improved margins, cost control, and a more stable demand backdrop across key segments. Analyst Commentary Recent Street research on Cognex clusters around higher price targets and a more constructive stance on margins, cost controls, and demand stability, but the tone is not uniformly bullish.
AEVA
US$14.17
Aeva Technologies
7D
6.9%
1Y
352.7%
OSIS
US$267.28
OSI Systems
7D
-6.3%
1Y
46.3%

OSIS: Order Pacing And Security Wins Will Guide Measured Upside

Analysts have nudged their average price target on OSI Systems higher by a low double digit dollar amount to reflect recent target increases from several firms, citing steady mid year order pacing and reaffirmed valuation assumptions. These include an updated discount rate of 8.96% and a future P/E of about 25.6x.
MIR
US$20.54
Mirion Technologies
7D
-5.0%
1Y
44.7%

MIR: 2026 Guidance And Assumption Tweaks Will Support Constructive Long Term Upside Potential

Analysts have trimmed their price target on Mirion Technologies to about $29.30 per share from roughly $30.33, reflecting updated assumptions for slightly higher discount rates, a lower revenue growth outlook, more conservative profit margin expectations, and a higher future P/E multiple. What's in the News Mirion Technologies issued earnings guidance for the fiscal year ending December 31, 2026, giving investors a view of management's current expectations.
LPTH
US$11.07
LightPath Technologies
7D
6.1%
1Y
405.5%

LPTH: Drone Supply Chain Inroads Will Support Margin Expansion Through FY27

Narrative Update: LightPath Technologies We are lifting our analyst price target on LightPath Technologies to $15.10 from $10.50, reflecting analysts' higher Street targets and their view that recent work in drone supply chains and other end markets supports using a richer forward P/E multiple, despite slightly moderated revenue growth and margin assumptions. Analyst Commentary Recent Street research on LightPath highlights a cluster of higher price targets and fresh coverage that centers on the company’s positioning in drone supply chains and related end markets.
FEIM
US$51.90
Frequency Electronics
7D
3.4%
1Y
250.4%

Some Frequency Electronics, Inc. (NASDAQ:FEIM) Shareholders Look For Exit As Shares Take 26% Pounding

Feb 13
Some Frequency Electronics, Inc. (NASDAQ:FEIM) Shareholders Look For Exit As Shares Take 26% Pounding