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

U.S. Electronic Equipment and Instruments Industry Analysis

UpdatedNov 05, 2025
DataAggregated Company Financials
Companies100
  • 7D-2.9%
  • 3M2.7%
  • 1Y14.0%
  • YTDn/a

Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 2.9%, driven by pullbacks in Itron and Cognex of 20% and 15%, respectively. In contrast, Keysight Technologies has gained 5.3%. In the past year, the industry has gained 14%. Earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 05 Nov 2025US$161.1bUS$39.8bUS$2.6b29.4x62.4x4x
Fri, 03 Oct 2025US$159.9bUS$39.6bUS$2.6b27.5x60.4x4x
Sun, 31 Aug 2025US$157.4bUS$40.0bUS$2.5b26.3x62x3.9x
Tue, 29 Jul 2025US$160.2bUS$39.5bUS$4.0b25.8x40x4.1x
Thu, 26 Jun 2025US$146.6bUS$37.7bUS$3.6b25.9x40.3x3.9x
Sat, 24 May 2025US$138.6bUS$37.7bUS$3.6b26.6x38.2x3.7x
Mon, 21 Apr 2025US$118.0bUS$37.2bUS$3.5b20.8x33.3x3.2x
Wed, 19 Mar 2025US$134.4bUS$37.3bUS$3.6b24.1x37.4x3.6x
Fri, 14 Feb 2025US$147.8bUS$37.5bUS$3.6b27.4x41.2x3.9x
Sun, 12 Jan 2025US$141.3bUS$36.8bUS$3.5b25x40.7x3.8x
Tue, 10 Dec 2024US$149.6bUS$36.9bUS$3.4b27.8x43.7x4.1x
Thu, 07 Nov 2024US$136.9bUS$36.8bUS$3.7b26x36.5x3.7x
Sat, 05 Oct 2024US$133.6bUS$36.5bUS$3.5b28.2x37.9x3.7x
Mon, 02 Sep 2024US$132.6bUS$36.5bUS$3.6b24.3x36.4x3.6x
Wed, 31 Jul 2024US$132.0bUS$36.9bUS$2.2b29.1x61.3x3.6x
Fri, 28 Jun 2024US$125.4bUS$37.7bUS$2.2b24.7x56.4x3.3x
Sun, 26 May 2024US$131.5bUS$37.7bUS$2.2b27.9x58.7x3.5x
Tue, 23 Apr 2024US$122.9bUS$37.9bUS$2.3b26.7x54.3x3.2x
Thu, 21 Mar 2024US$128.6bUS$37.9bUS$2.2b26.8x57.4x3.4x
Sat, 17 Feb 2024US$128.2bUS$37.9bUS$2.3b25.7x56.5x3.4x
Mon, 15 Jan 2024US$130.8bUS$41.6bUS$2.3b25.8x56.3x3.1x
Wed, 13 Dec 2023US$126.1bUS$41.6bUS$2.3b24.7x54.2x3x
Fri, 10 Nov 2023US$112.6bUS$41.7bUS$2.3b20.4x48.7x2.7x
Sun, 08 Oct 2023US$120.2bUS$42.0bUS$2.4b20.6x50.5x2.9x
Tue, 05 Sep 2023US$131.1bUS$41.9bUS$2.4b23.1x55.6x3.1x
Thu, 03 Aug 2023US$133.3bUS$41.7bUS$2.6b23.4x52.1x3.2x
Sat, 01 Jul 2023US$135.1bUS$41.4bUS$2.2b24.5x61.4x3.3x
Mon, 29 May 2023US$128.5bUS$41.4bUS$2.2b24.2x58.8x3.1x
Wed, 26 Apr 2023US$119.9bUS$40.3bUS$2.5b23.9x48.2x3x
Fri, 24 Mar 2023US$122.7bUS$38.9bUS$2.3b25.4x54.3x3.2x
Sun, 19 Feb 2023US$136.2bUS$40.4bUS$2.3b29x59.2x3.4x
Tue, 17 Jan 2023US$129.3bUS$38.4bUS$2.2b28.4x58.2x3.4x
Thu, 15 Dec 2022US$125.6bUS$38.5bUS$2.2b27.3x55.8x3.3x
Sat, 12 Nov 2022US$150.9bUS$39.8bUS$2.1b23.4x71.7x3.8x
Price to Earnings Ratio

71.7x


Total Market Cap: US$150.9bTotal Earnings: US$2.1bTotal Revenue: US$39.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Instruments Industry Price to Earnings3Y Average 50.8x202320242025
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 62.4x which is higher than its 3-year average PE of 50.8x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Electronic Equipment and Instruments industry have grown 7.0% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

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

US Market-2.15%
Tech-3.08%
Electronic Equipment and Components-1.42%
Electronic Equipment and Instruments-2.92%
Electronic Manufacturing Services1.57%
Electronic Components-1.25%
Technology Distributors-6.22%
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$179.105.3%
+US$1.6b		15.6%PE56.6x
MIR Mirion TechnologiesUS$27.8210.4%
+US$689.4m		85.5%PE240.5x
OSIS OSI SystemsUS$277.5410.6%
+US$489.7m		103.4%PE30.9x
NOVT NovantaUS$129.331.3%
+US$33.7m		-21.5%PE87.6x
RAL RalliantUS$43.180.5%
+US$24.8m		n/aPE17.1x

Latest News

VNT
US$37.61
Vontier
7D
-11.9%
1Y
-1.1%
NOVT
US$129.33
Novanta
7D
1.3%
1Y
-21.5%
ZBRA
US$260.35
Zebra Technologies
7D
-5.1%
1Y
-31.4%
MSAI
US$1.34
MultiSensor AI Holdings
7D
58.4%
1Y
-29.5%
OSIS
US$277.54
OSI Systems
7D
10.6%
1Y
103.4%

OSIS: Future Revenue And Margin Gains Will Rely On Border Security Demand

The analyst consensus price target for OSI Systems has increased by $22.17 to $282.50. Analysts point to robust earnings, an improved outlook for profit margins and revenue growth, and sustained demand from border security initiatives as the key drivers for the revision.
KEYS
US$179.10
Keysight Technologies
7D
5.3%
1Y
15.6%
AEIS
US$195.05
Advanced Energy Industries
7D
-4.7%
1Y
75.1%
ITRI
US$106.56
Itron
7D
-20.4%
1Y
-9.4%

ITRI: Utility-Scale Clean Energy Momentum Will Drive Long-Term Outperformance

Narrative Update: Itron Price Target Revision Analysts have raised their price target for Itron by $10, from $145 to $155. They cite strong positioning in utility-scale clean energy solutions and favorable exposure to U.S.-based manufacturing and diversified markets.
CGNX
US$40.00
Cognex
7D
-15.4%
1Y
0.4%
MIR
US$27.82
Mirion Technologies
7D
10.4%
1Y
85.5%

MIR: Expect Opportunities As New Partnerships And Index Inclusions Shape Outlook

Analysts have raised their price target for Mirion Technologies from $26.29 to $31.29 per share. They cite improving revenue growth forecasts, despite a modest increase in the discount rate and a slightly lower expected profit margin.
TRMB
US$78.60
Trimble
7D
-2.4%
1Y
27.6%

TRMB: Software Shift Will Drive Stronger Recurring Revenue Growth Ahead

Analysts have modestly increased their price target for Trimble, with the consensus rising by $6 to $94. They cited the company's successful transition towards software solutions and stronger than expected financial performance.
RAL
US$43.18
Ralliant
7D
0.5%
1Y
n/a
SOTK
US$4.61
Sono-Tek
7D
0.4%
1Y
7.2%
TDY
US$511.20
Teledyne Technologies
7D
-2.7%
1Y
11.3%

Defense And Diversified Markets Will Drive Outperformance Amid Order Strength

Teledyne Technologies' analyst fair value estimate has been raised by nearly $8 to approximately $620.82, as analysts cite continued strong sales performance, a resilient defense business, and a robust order backlog as key reasons for the upward revision. Analyst Commentary Following Teledyne Technologies' latest results and updates, analysts have provided a balanced mix of positive and cautionary observations regarding the company’s outlook, valuation, and execution.
SNT
US$4.82
Senstar Technologies
7D
0.2%
1Y
206.0%

Revenues Not Telling The Story For Senstar Technologies Corporation (NASDAQ:SNT)

Oct 23
Revenues Not Telling The Story For Senstar Technologies Corporation (NASDAQ:SNT)
OUST
US$27.68
Ouster
7D
-16.4%
1Y
271.0%