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

U.S. Electronic Equipment and Instruments Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies102
  • 7D5.6%
  • 3M26.2%
  • 1Y40.2%
  • YTDn/a

The Electronic Equipment and Instruments industry is up 5.6% in the last week, with Keysight Technologies up 28%. This takes the industry's 12 month performance to a gain of 40%. 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
Tue, 03 Mar 2026US$171.3bUS$37.6bUS$1.6b31.4x106.4x4.6x
Thu, 29 Jan 2026US$150.5bUS$36.8bUS$2.9b30.3x51x4.1x
Sat, 27 Dec 2025US$161.9bUS$40.3bUS$3.1b29.9x51.8x4x
Mon, 24 Nov 2025US$147.5bUS$40.1bUS$2.8b27.3x52.6x3.7x
Wed, 22 Oct 2025US$162.3bUS$39.6bUS$2.7b28.4x61.2x4.1x
Fri, 19 Sep 2025US$160.7bUS$40.0bUS$2.6b27.3x62.8x4x
Sun, 17 Aug 2025US$157.4bUS$39.8bUS$2.7b25.4x57.8x4x
Tue, 15 Jul 2025US$157.2bUS$37.7bUS$3.6b26.2x43.2x4.2x
Thu, 12 Jun 2025US$144.5bUS$37.7bUS$3.6b27.1x40.1x3.8x
Sat, 10 May 2025US$131.4bUS$37.5bUS$3.5b25.6x37.2x3.5x
Mon, 07 Apr 2025US$111.9bUS$37.2bUS$3.6b19.9x31.4x3x
Wed, 05 Mar 2025US$137.4bUS$37.4bUS$3.6b23.9x38x3.7x
Fri, 31 Jan 2025US$150.0bUS$37.0bUS$3.3b26.9x44.8x4.1x
Sun, 29 Dec 2024US$144.7bUS$36.9bUS$3.4b25.8x42.4x3.9x
Tue, 26 Nov 2024US$147.9bUS$36.8bUS$3.4b29.1x43.5x4x
Thu, 24 Oct 2024US$135.0bUS$36.6bUS$3.6b29.2x37.7x3.7x
Sat, 21 Sep 2024US$134.1bUS$36.6bUS$3.5b26.6x38x3.7x
Mon, 19 Aug 2024US$127.4bUS$36.7bUS$3.6b22.7x35.9x3.5x
Wed, 17 Jul 2024US$134.2bUS$37.7bUS$2.2b28.2x60.4x3.6x
Fri, 14 Jun 2024US$127.4bUS$37.7bUS$2.2b25.8x56.9x3.4x
Sun, 12 May 2024US$129.9bUS$37.9bUS$2.4b27.8x54x3.4x
Tue, 09 Apr 2024US$130.2bUS$37.8bUS$2.3b28.3x57x3.4x
Thu, 07 Mar 2024US$129.4bUS$38.0bUS$2.3b26.2x57.1x3.4x
Sat, 03 Feb 2024US$131.7bUS$41.7bUS$2.4b25.6x53.8x3.2x
Mon, 01 Jan 2024US$135.5bUS$41.6bUS$2.3b26.5x58.3x3.3x
Wed, 29 Nov 2023US$120.1bUS$41.6bUS$2.3b22.5x52x2.9x
Fri, 27 Oct 2023US$110.3bUS$42.0bUS$2.4b18.7x45.8x2.6x
Sun, 24 Sep 2023US$121.1bUS$42.0bUS$2.4b19.3x50.9x2.9x
Tue, 22 Aug 2023US$126.4bUS$41.8bUS$2.3b22.2x53.8x3x
Thu, 20 Jul 2023US$138.3bUS$41.4bUS$2.2b24.3x63.2x3.3x
Sat, 17 Jun 2023US$133.2bUS$41.4bUS$2.2b24.8x61.1x3.2x
Mon, 15 May 2023US$122.8bUS$40.5bUS$2.0b24.2x62.8x3x
Wed, 12 Apr 2023US$125.5bUS$40.3bUS$2.5b26.1x50.6x3.1x
Fri, 10 Mar 2023US$124.7bUS$39.0bUS$2.3b27.3x54.4x3.2x
Price to Earnings Ratio

54.4x


Total Market Cap: US$124.7bTotal 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 51.5x202420252026
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 106x which is higher than its 3-year average PE of 51.5x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Electronic Equipment and Instruments industry have declined 11% 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-0.57%
Tech-2.05%
Electronic Equipment and Components1.14%
Electronic Equipment and Instruments5.62%
Electronic Components1.21%
Electronic Manufacturing Services-1.87%
Technology Distributors-2.73%
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$313.2727.9%
+US$11.7b		101.0%PE54.9x
TDY Teledyne TechnologiesUS$688.592.4%
+US$752.2m		34.2%PE35.6x
LASR nLIGHTUS$67.6923.7%
+US$748.3m		715.5%PS14.5x
RAL RalliantUS$46.7311.0%
+US$472.2m		n/aPS2.5x
MIR Mirion TechnologiesUS$22.288.7%
+US$435.5m		48.4%PE189.3x

Latest News

OUST
US$20.25
Ouster
7D
12.1%
1Y
163.3%
LASR
US$67.69
nLIGHT
7D
23.7%
1Y
715.5%
TDY
US$688.59
Teledyne Technologies
7D
2.4%
1Y
34.2%
RAL
US$46.73
Ralliant
7D
11.0%
1Y
n/a
KEYS
US$313.27
Keysight Technologies
7D
27.9%
1Y
101.0%
NOVT
US$140.73
Novanta
7D
-1.2%
1Y
-1.8%
ARLO
US$15.29
Arlo Technologies
7D
33.9%
1Y
25.8%
AEIS
US$340.42
Advanced Energy Industries
7D
3.4%
1Y
216.9%
ZEPP
US$19.52
Zepp Health
7D
-14.4%
1Y
628.4%
OSIS
US$286.67
OSI Systems
7D
-2.4%
1Y
43.4%

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$22.28
Mirion Technologies
7D
8.7%
1Y
48.4%

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.
BMI
US$152.20
Badger Meter
7D
-2.6%
1Y
-27.4%
CGNX
US$53.83
Cognex
7D
-4.7%
1Y
68.9%

We Like The Quality Of Cognex's (NASDAQ:CGNX) Earnings

Feb 19
We Like The Quality Of Cognex's (NASDAQ:CGNX) Earnings
CXT
US$48.66
Crane NXT
7D
-5.0%
1Y
-10.8%
ZBRA
US$223.92
Zebra Technologies
7D
-3.2%
1Y
-27.0%

ZBRA: Automation And AI Solutions Will Support Future Upside

The updated analyst price target for Zebra Technologies reflects a small downward adjustment in fair value to about $398, along with slightly lower assumptions for revenue growth, profit margins, and future P/E, as analysts weigh mixed target moves from firms that are raising and lowering their views on the stock. Analyst Commentary Recent Street research on Zebra Technologies reflects a mix of higher and lower price targets, but the bullish commentators are emphasizing the long term story, particularly the company’s role in industrial technology and automation end markets.
TROO
US$3.05
TROOPS
7D
-13.1%
1Y
172.3%