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

U.S. Electronic Equipment and Components Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies184
  • 7D1.1%
  • 3M23.4%
  • 1Y79.1%
  • YTD18.3%

Over the last 7 days, the Electronic Equipment and Components industry has risen 1.1%, driven by gains from Keysight Technologies of 25%. In the last 12 months, the industry was up 79%. 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 Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 02 Mar 2026US$782.1bUS$405.2bUS$15.2b27.2x51.5x1.9x
Wed, 28 Jan 2026US$696.5bUS$397.4bUS$16.3b27.2x42.7x1.8x
Fri, 26 Dec 2025US$673.5bUS$397.3bUS$16.2b24.9x41.6x1.7x
Sun, 23 Nov 2025US$614.8bUS$395.9bUS$16.0b23.4x38.4x1.6x
Tue, 21 Oct 2025US$642.0bUS$388.4bUS$13.7b26.4x46.8x1.7x
Thu, 18 Sep 2025US$615.6bUS$386.6bUS$13.5b23.8x45.6x1.6x
Sat, 16 Aug 2025US$580.3bUS$386.2bUS$13.7b22.7x42.5x1.5x
Mon, 14 Jul 2025US$542.1bUS$377.6bUS$13.6b24.3x39.8x1.4x
Wed, 11 Jun 2025US$500.4bUS$375.7bUS$13.4b22.6x37.4x1.3x
Fri, 09 May 2025US$446.8bUS$374.4bUS$13.4b20.8x33.3x1.2x
Sun, 06 Apr 2025US$365.3bUS$371.4bUS$13.9b18.4x26.2x1x
Tue, 04 Mar 2025US$455.9bUS$370.8bUS$14.8b21.2x30.8x1.2x
Thu, 30 Jan 2025US$477.6bUS$370.9bUS$14.8b25.2x32.3x1.3x
Sat, 28 Dec 2024US$472.2bUS$368.2bUS$15.5b25.6x30.5x1.3x
Mon, 25 Nov 2024US$479.5bUS$369.5bUS$15.5b24.5x30.9x1.3x
Wed, 23 Oct 2024US$455.8bUS$323.1bUS$15.9b23.6x28.7x1.4x
Fri, 20 Sep 2024US$432.5bUS$323.9bUS$15.8b23x27.4x1.3x
Sun, 18 Aug 2024US$431.3bUS$324.2bUS$15.8b22.1x27.3x1.3x
Tue, 16 Jul 2024US$450.9bUS$329.1bUS$15.0b22.5x30x1.4x
Thu, 13 Jun 2024US$430.0bUS$331.2bUS$15.2b21.4x28.3x1.3x
Sat, 11 May 2024US$424.3bUS$331.4bUS$15.3b20.8x27.7x1.3x
Mon, 08 Apr 2024US$419.2bUS$338.6bUS$15.7b18.6x26.7x1.2x
Wed, 06 Mar 2024US$420.8bUS$341.3bUS$15.0b19.2x28.1x1.2x
Fri, 02 Feb 2024US$403.1bUS$349.3bUS$15.0b19.9x26.9x1.2x
Sun, 31 Dec 2023US$407.6bUS$352.2bUS$13.7b20.9x29.7x1.2x
Tue, 28 Nov 2023US$370.5bUS$353.4bUS$13.8b17.8x26.8x1x
Thu, 26 Oct 2023US$340.4bUS$358.1bUS$14.4b16.4x23.7x1x
Sat, 23 Sep 2023US$365.6bUS$360.4bUS$14.6b15.8x25x1x
Mon, 21 Aug 2023US$373.5bUS$360.3bUS$14.6b16.6x25.6x1x
Wed, 19 Jul 2023US$401.8bUS$361.5bUS$15.1b16.9x26.7x1.1x
Fri, 16 Jun 2023US$382.9bUS$362.8bUS$15.1b16.1x25.4x1.1x
Sun, 14 May 2023US$346.7bUS$361.5bUS$14.9b16.5x23.3x1x
Tue, 11 Apr 2023US$362.5bUS$361.4bUS$16.1b16.8x22.5x1x
Thu, 09 Mar 2023US$370.9bUS$359.2bUS$15.9b17x23.3x1x
Price to Earnings Ratio

23.3x


Total Market Cap: US$370.9bTotal Earnings: US$15.9bTotal Revenue: US$359.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 31.3x202420252026
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 51.5x which is higher than its 3-year average PE of 31.3x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.9x.
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 4.1% 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-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 PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 51.5x.
    • Analysts are expecting annual earnings growth of 22.3%, which is higher than its past year's earnings growth of 11.2% 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 24% 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 15% 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
KEYS Keysight TechnologiesUS$307.3325.4%
+US$10.7b		97.1%PE53.8x
GLW CorningUS$150.383.5%
+US$4.4b		211.7%PE80.8x
COHR CoherentUS$258.934.3%
+US$2.0b		244.4%PE252.5x
ARLO Arlo TechnologiesUS$15.6937.4%
+US$466.1m		29.1%PE112.3x
TDY Teledyne TechnologiesUS$681.101.3%
+US$405.3m		32.8%PE35.3x

Latest News

RAL
US$45.89
Ralliant
7D
9.0%
1Y
n/a
KEYS
US$307.33
Keysight Technologies
7D
25.4%
1Y
97.1%
NOVT
US$134.43
Novanta
7D
-5.6%
1Y
-6.2%
GLW
US$150.38
Corning
7D
3.5%
1Y
211.7%
ARLO
US$15.69
Arlo Technologies
7D
37.4%
1Y
29.1%
FN
US$545.63
Fabrinet
7D
-5.4%
1Y
186.6%
TTMI
US$104.24
TTM Technologies
7D
-2.4%
1Y
354.6%
SANM
US$155.26
Sanmina
7D
5.0%
1Y
103.2%
TDY
US$681.10
Teledyne Technologies
7D
1.3%
1Y
32.8%

TDY: Aerospace And Defense Demand Will Support Balanced Future Premium Multiple

We are nudging our Teledyne Technologies fair value estimate higher to $686 from $674, reflecting analysts' higher price targets across the Street after recent model updates on the company's filings and sector outlooks. Analyst Commentary Recent Street research on Teledyne points to a mix of optimism and caution, with several firms adjusting their price targets after reviewing the latest filings and sector outlooks.
COHR
US$258.93
Coherent
7D
4.3%
1Y
244.4%

COHR: AI Optical Demand And Product Pipeline Will Shape Balanced Risk Outlook

Analysts have lifted their price target framework for Coherent to about $254, up from roughly $246, citing a larger expected optical total addressable market tied to AI data center investment and new network technologies. Analyst Commentary Recent Street research around Coherent has centered on how quickly its optical opportunities tied to AI data centers and new network technologies are being reflected in valuation frameworks.
JBL
US$264.99
Jabil
7D
1.4%
1Y
80.9%

JBL: Manufacturing Partnership And Buybacks Will Support Balanced Medium Term Outlook

Analysts have kept their Jabil fair value estimate steady at $264.50, with only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin, and future P/E, which they consider too small to justify a change in the price target. What's in the News Jabil announced a minority investment and manufacturing collaboration with Eagle Harbor Technologies, focusing on power delivery technologies for advanced semiconductor fabrication, including RF and pulsed DC systems for high aspect ratio etch and atomic layer processes (Key Developments).
LFUS
US$352.46
Littelfuse
7D
-4.3%
1Y
58.0%

LFUS: Rating Upgrade And 2026 Sales Outlook Will Guide Balanced Return Prospects

Analysts have adjusted their price target on Littelfuse to $353.60 from $344.00. This change reflects updated views on fair value and future P/E assumptions, supported by recent research updates and upgrades from multiple firms.
TEL
US$230.15
TE Connectivity
7D
-0.5%
1Y
52.8%

TEL: Future Profit Margin Assumptions Will Likely Prove Too Optimistic

Analysts have raised their price target for TE Connectivity to $211 from about $176. The revision reflects updated views that incorporate adjusted assumptions for the discount rate, revenue growth, profit margin, and future P/E expectations.
CGNX
US$54.40
Cognex
7D
-3.7%
1Y
70.7%

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

Feb 19
We Like The Quality Of Cognex's (NASDAQ:CGNX) Earnings
ZBRA
US$223.96
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.
APH
US$146.06
Amphenol
7D
-1.2%
1Y
130.2%

APH: Future AI And Acquisition Hype Will Likely Cap Share Upside

Our analyst price target for Amphenol has been adjusted from $123.77 to $135.00, with analysts pointing to raised Street targets, support from data center AI exposure, and the planned CommScope Connectivity and Cable Solutions acquisition as key drivers behind the update. Analyst Commentary Recent Street research on Amphenol has leaned constructive, with several large firms lifting price targets and, in one case, moving the stock to an Overweight rating.