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U.S. Electronic Equipment and Components Industry Analysis

UpdatedJun 25, 2026
DataAggregated Company Financials
Companies181
  • 7D2.7%
  • 3M36.3%
  • 1Y91.4%
  • YTD46.5%

The Electronic Equipment and Components industry is up 2.7% in the last week, with Corning up 17%. Meanwhile, TE Connectivity actually underperformed within the industry, shrinking 6.4% in the last week. In the last 12 months, the industry was up 91%. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Jun 2026US$958.6bUS$428.9bUS$17.4b32.1x55.2x2.2x
Sat, 23 May 2026US$883.7bUS$427.9bUS$17.3b30x51x2.1x
Mon, 20 Apr 2026US$864.5bUS$411.1bUS$15.4b29.1x56x2.1x
Wed, 18 Mar 2026US$727.4bUS$406.8bUS$15.4b29x47.3x1.8x
Fri, 13 Feb 2026US$742.5bUS$404.5bUS$15.7b27.1x47.4x1.8x
Sun, 11 Jan 2026US$654.7bUS$395.3bUS$16.0b26x40.9x1.7x
Tue, 09 Dec 2025US$673.7bUS$396.0bUS$16.3b24.7x41.3x1.7x
Thu, 06 Nov 2025US$651.7bUS$395.3bUS$15.5b25.2x42x1.6x
Sat, 04 Oct 2025US$629.2bUS$388.4bUS$13.7b24x45.9x1.6x
Mon, 01 Sep 2025US$578.3bUS$386.6bUS$13.5b22.8x42.9x1.5x
Wed, 30 Jul 2025US$572.7bUS$382.9bUS$15.1b24.2x37.9x1.5x
Fri, 27 Jun 2025US$525.1bUS$377.8bUS$13.6b24.1x38.7x1.4x
Sun, 25 May 2025US$474.3bUS$375.7bUS$13.4b22.1x35.4x1.3x
Tue, 22 Apr 2025US$392.0bUS$371.4bUS$13.9b19x28.2x1.1x
Thu, 20 Mar 2025US$437.5bUS$371.1bUS$14.7b20.6x29.7x1.2x
Sat, 15 Feb 2025US$476.3bUS$370.8bUS$14.8b23.9x32.2x1.3x
Mon, 13 Jan 2025US$461.5bUS$369.4bUS$15.6b24.8x29.6x1.2x
Wed, 11 Dec 2024US$482.4bUS$369.6bUS$15.6b26.2x30.9x1.3x
Fri, 08 Nov 2024US$483.9bUS$369.8bUS$15.8b24.4x30.6x1.3x
Sun, 06 Oct 2024US$444.5bUS$323.1bUS$15.8b24.1x28.2x1.4x
Tue, 03 Sep 2024US$444.7bUS$324.0bUS$15.9b22.7x27.9x1.4x
Thu, 01 Aug 2024US$436.2bUS$327.3bUS$14.9b23.2x29.3x1.3x
Sat, 29 Jun 2024US$428.2bUS$329.4bUS$15.1b21.6x28.4x1.3x
Mon, 27 May 2024US$440.3bUS$331.3bUS$15.3b21.6x28.9x1.3x
Wed, 24 Apr 2024US$405.1bUS$338.7bUS$15.7b19.5x25.9x1.2x
Fri, 22 Mar 2024US$411.3bUS$339.8bUS$15.7b19.2x26.3x1.2x
Sun, 18 Feb 2024US$406.1bUS$341.3bUS$15.0b19.5x27x1.2x
Tue, 16 Jan 2024US$390.2bUS$350.3bUS$13.7b19.4x28.5x1.1x
Thu, 14 Dec 2023US$384.5bUS$353.4bUS$13.8b19.4x28x1.1x
Sat, 11 Nov 2023US$349.7bUS$353.6bUS$13.9b17.5x25.2x1x
Mon, 09 Oct 2023US$366.3bUS$358.4bUS$14.4b16.7x25.4x1x
Wed, 06 Sep 2023US$385.0bUS$360.3bUS$14.6b16.7x26.4x1.1x
Fri, 04 Aug 2023US$391.7bUS$359.4bUS$15.1b17.5x25.9x1.1x
Sun, 02 Jul 2023US$396.3bUS$361.6bUS$15.1b17x26.3x1.1x
Price to Earnings Ratio

26.3x


Total Market Cap: US$396.3bTotal Earnings: US$15.1bTotal Revenue: US$361.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 34.2x202420252026
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 55.2x which is higher than its 3-year average PE of 34.2x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 4.8% per year over the last three years.
  • Revenues for these companies have grown 5.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Tech industry?

US Market-2.47%
Tech-4.47%
Electronic Equipment and Components2.66%
Electronic Components6.23%
Electronic Equipment and Instruments0.38%
Technology Distributors-0.038%
Electronic Manufacturing Services-1.52%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 55.8x.
    • Analysts are expecting annual earnings growth of 25.0%, which is higher than its past year's earnings growth of 8.1% per year.
  • Investors are most pessimistic about the Technology Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.7x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 18% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 19% 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
GLW CorningUS$205.8317.3%
+US$26.2b		300.5%PE97.9x
COHR CoherentUS$392.503.6%
+US$2.7b		358.4%PE191.7x
APH AmphenolUS$162.781.0%
+US$2.1b		67.8%PE44.8x
FLEX FlexUS$150.722.1%
+US$1.1b		200.9%PE62.8x
TTMI TTM TechnologiesUS$209.743.5%
+US$731.1m		435.1%PE111.5x

Latest News

PLXS
US$286.59
Plexus
7D
-4.5%
1Y
110.5%
COHR
US$392.50
Coherent
7D
3.6%
1Y
358.4%
Seeking Alpha • 17h

Coherent: Yes, It's Expensive -- That's Kind Of The Point

Summary Coherent Corp. has surged 196% since my last coverage, significantly outperforming the benchmark. I remain bullish on COHR due to its essential high-speed connectivity solutions for data centers and persistent demand. COHR benefits from multiple long-term tailwinds, supporting expectations for robust top and bottom-line growth. Despite a premium valuation, I maintain a Buy rating, anticipating further upside if bullish catalysts materialize. Read the full article on Seeking Alpha
VSH
US$55.59
Vishay Intertechnology
7D
-7.9%
1Y
257.3%
Narrative Update • Jun 24

VSH: Re Rated Shares Will Face Test From Rising Raw Material Costs

Analysts have lifted their price target for Vishay Intertechnology to $28 from $18, citing continued operational progress. They cautioned, however, that the stock’s sharp re-rating, raw material cost pressures, stretched valuation and potential pull-forward of demand could limit further upside.
JBL
US$371.80
Jabil
7D
-0.8%
1Y
73.2%
FLEX
US$150.72
Flex
7D
2.1%
1Y
200.9%
IPGP
US$107.72
IPG Photonics
7D
-8.7%
1Y
56.5%
Narrative Update • Jun 23

IPGP: Rich P/E And Execution Risks Will Limit Strategy-Driven Upside

Analysts have adjusted their price targets on IPG Photonics in a mixed but generally constructive way, with Roth Capital lifting its target by $2 to $151. The firm points to the company’s refreshed management approach, broader use of its product portfolio, and entry into new, higher-growth markets as key supports for the updated outlook.
APH
US$162.78
Amphenol
7D
1.0%
1Y
67.8%
ZBRA
US$247.78
Zebra Technologies
7D
6.4%
1Y
-18.2%
TTMI
US$209.74
TTM Technologies
7D
3.5%
1Y
435.1%
CGNX
US$63.64
Cognex
7D
-3.7%
1Y
101.4%
Analysis Article • Jun 20

Cognex (CGNX) Stock Could Be 13.3% Undervalued After Zacks Rank Upgrade

Cognex (CGNX) has moved into focus after being added to the Zacks Rank #1 (Strong Buy) list, a shift driven by a higher consensus earnings estimate for its machine vision business. See our latest analysis for Cognex. Cognex’s recent earnings estimate upgrade and macro driven swings have come against a backdrop of strong share price momentum, with a 90 day share price return of 34.24% and a 1 year total shareholder return of 124.77%. This suggests recent optimism is building on an already...
LFUS
US$463.69
Littelfuse
7D
-3.4%
1Y
104.7%
Analysis Article • Jun 20

Littelfuse (LFUS) Stock Near Fair Value After Earnings Beat and Zacks Upgrade

Littelfuse (LFUS) has quickly drawn investor attention after reporting quarterly revenue of $657 million, up 18.5% year on year, and beating analyst expectations alongside stronger EBITDA and adjusted operating income. See our latest analysis for Littelfuse. The strong quarterly update and recent Zacks Rank #1 upgrade appear to have fed into Littelfuse’s momentum, with a 90 day share price return of 49.64% and a 1 year total shareholder return of 121.13% signaling that optimism has been...
GLW
US$205.83
Corning
7D
17.3%
1Y
300.5%
CDW
US$130.22
CDW
7D
2.8%
1Y
-26.8%
Narrative Update • Jun 18

CDW: AI Demand And Buybacks Will Support Future Stock Upside

CDW's analyst price target has been revised from about $195 to around $189, as analysts factor in slightly lower assumed revenue growth and a higher discount rate. This is partly offset by expectations for steadier profit margins and a somewhat lower future P/E multiple.
FN
US$568.17
Fabrinet
7D
-2.8%
1Y
98.7%
Narrative Update • Jun 15

FN: Record Q3 Results And Co-Packaged Optics Position Will Drive Future Upside

Analysts have kept their $850.00 price target for Fabrinet unchanged, citing only modest tweaks to assumptions around discount rate, revenue growth, profit margin, and future P/E that do not materially alter their valuation view. What's in the News Fabrinet reported record fiscal Q3 2026 results, with revenue rising 39.3% year over year and telecom revenue reaching a record US$628.3 million, driven largely by Optical Communications (Source: Fabrinet Posts Strong Q3 Results Amid Profit-Taking and Valuation Concerns).
TEL
US$198.55
TE Connectivity
7D
-6.4%
1Y
18.3%
Narrative Update • Jun 13

TEL: AI Connectivity And Buybacks Will Drive Multi Year Upside

Analysts have nudged their price target on TE Connectivity slightly higher to $263.47 from $263.32, reflecting updated views on fair value, discount rate assumptions, profit margins and future P/E multiples. What's in the News TE Connectivity shares recently moved higher, with investors focusing on the company’s role in high speed connectivity for AI and data center infrastructure, according to recent news reports.
RAL
US$72.20
Ralliant
7D
7.4%
1Y
52.0%
New Narrative • Jun 01

Electrification And Defense Cycles Will Strain Margins And Expose Long Duration Demand Risks

Catalysts About Ralliant Ralliant supplies Test & Measurement instruments, precision sensors and safety systems for electrification, Utilities and Defense & Space customers. What are the underlying business or industry changes driving this perspective?