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

U.S. Electronic Equipment and Components Industry Analysis

UpdatedApr 13, 2026
DataAggregated Company Financials
Companies183
  • 7D12.0%
  • 3M20.6%
  • 1Y119.9%
  • YTD25.1%

In the last week, the Electronic Equipment and Components industry is up 12%, with Corning up 17%. Meanwhile, Arlo Technologies actually underperformed within the industry, shrinking 5.4% in the last week. This takes the industry's 12 month performance to a gain of 120%. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 Apr 2026US$828.6bUS$411.1bUS$15.4b31.6x53.6x2x
Wed, 11 Mar 2026US$726.1bUS$406.8bUS$15.3b27.6x47.4x1.8x
Fri, 06 Feb 2026US$682.4bUS$402.8bUS$15.5b26.2x44x1.7x
Sun, 04 Jan 2026US$678.1bUS$397.3bUS$16.2b24.7x41.8x1.7x
Tue, 02 Dec 2025US$656.7bUS$396.1bUS$16.3b23.9x40.2x1.7x
Thu, 30 Oct 2025US$656.3bUS$391.5bUS$14.9b25.7x44.2x1.7x
Sat, 27 Sep 2025US$616.3bUS$388.8bUS$13.6b23.9x45.2x1.6x
Mon, 25 Aug 2025US$580.1bUS$386.6bUS$13.5b23.9x43x1.5x
Wed, 23 Jul 2025US$555.0bUS$379.3bUS$14.0b23.8x39.7x1.5x
Fri, 20 Jun 2025US$501.9bUS$376.8bUS$13.5b22.7x37.1x1.3x
Sun, 18 May 2025US$486.7bUS$375.5bUS$13.3b22.5x36.6x1.3x
Tue, 15 Apr 2025US$388.6bUS$371.4bUS$13.9b19.3x28x1x
Thu, 13 Mar 2025US$421.1bUS$371.1bUS$14.7b20.5x28.6x1.1x
Sat, 08 Feb 2025US$483.9bUS$370.7bUS$14.6b23.7x33.1x1.3x
Mon, 06 Jan 2025US$466.2bUS$368.1bUS$15.5b25.9x30x1.3x
Wed, 04 Dec 2024US$483.5bUS$369.6bUS$15.5b25.8x31.1x1.3x
Fri, 01 Nov 2024US$449.9bUS$369.9bUS$15.9b22.4x28.4x1.2x
Sun, 29 Sep 2024US$450.2bUS$323.2bUS$15.8b23.6x28.5x1.4x
Tue, 27 Aug 2024US$448.0bUS$324.2bUS$15.9b22.3x28.1x1.4x
Thu, 25 Jul 2024US$446.6bUS$329.2bUS$15.1b22.3x29.7x1.4x
Sat, 22 Jun 2024US$435.1bUS$329.5bUS$15.1b20.8x28.8x1.3x
Mon, 20 May 2024US$433.5bUS$331.4bUS$15.4b21.7x28.1x1.3x
Wed, 17 Apr 2024US$403.7bUS$338.7bUS$15.7b18.9x25.8x1.2x
Fri, 15 Mar 2024US$414.1bUS$341.3bUS$14.9b19x27.8x1.2x
Sun, 11 Feb 2024US$405.6bUS$342.1bUS$15.0b20.3x27.1x1.2x
Tue, 09 Jan 2024US$387.7bUS$352.2bUS$13.7b20.1x28.2x1.1x
Thu, 07 Dec 2023US$372.2bUS$353.4bUS$13.8b16.9x26.9x1.1x
Sat, 04 Nov 2023US$356.7bUS$353.1bUS$13.7b15.9x26x1x
Mon, 02 Oct 2023US$369.9bUS$358.4bUS$14.4b16.6x25.6x1x
Wed, 30 Aug 2023US$388.0bUS$360.3bUS$14.6b16.8x26.6x1.1x
Fri, 28 Jul 2023US$401.4bUS$361.1bUS$14.7b17.4x27.2x1.1x
Sun, 25 Jun 2023US$377.8bUS$362.8bUS$15.1b16.8x25x1x
Tue, 23 May 2023US$361.6bUS$362.4bUS$15.1b15.5x24x1x
Thu, 20 Apr 2023US$353.6bUS$361.3bUS$16.2b16.4x21.9x1x
Price to Earnings Ratio

21.9x


Total Market Cap: US$353.6bTotal Earnings: US$16.2bTotal Revenue: US$361.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 32.2x202420252026
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 53.6x which is higher than its 3-year average PE of 32.2x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.0x.
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 4.4% 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 Market3.08%
Tech4.15%
Electronic Equipment and Components12.05%
Electronic Components14.89%
Electronic Manufacturing Services13.20%
Electronic Equipment and Instruments7.29%
Technology Distributors4.41%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 53.1x.
    • Analysts are expecting annual earnings growth of 21.8%, which is higher than its past year's earnings growth of 7.8% per year.
  • Investors are most pessimistic about the Technology Distributors industry, which is trading close to its 3-year average of 16.2x.
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 55% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 13% 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$171.2416.9%
+US$21.3b		311.5%PE92.2x
APH AmphenolUS$140.7511.3%
+US$17.6b		115.0%PE40.5x
COHR CoherentUS$307.5021.4%
+US$10.6b		447.7%PE312.4x
TEL TE ConnectivityUS$229.789.6%
+US$5.9b		76.8%PE32.6x
KEYS Keysight TechnologiesUS$324.1810.7%
+US$5.4b		137.7%PE56.7x

Latest News

JBL
US$299.50
Jabil
7D
12.0%
1Y
123.7%
ARLO
US$13.12
Arlo Technologies
7D
-5.4%
1Y
44.7%

ARLO: Share Repurchases Will Support Future Upside Over Multiyear Horizon

Analysts have kept their price target for Arlo Technologies steady at $21.50, with small tweaks to inputs like discount rate, revenue growth, profit margin, and forward P/E. These adjustments reflect refined views rather than a change in the overall valuation outlook.
AIOT
US$2.95
PowerFleet
7D
-8.4%
1Y
-38.3%

AIOT: South Africa Public Sector Contract Will Drive Bullish Reassessment

Analysts have kept their price target for PowerFleet steady at $13.00, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that together still point to the same fair value estimate. What's in the News PowerFleet updated its full-year 2026 earnings guidance, with revenue now expected to be in the range of US$440m to US$445m, compared with prior guidance of US$435m to US$445m (Corporate Guidance).
APH
US$140.75
Amphenol
7D
11.3%
1Y
115.0%
FN
US$662.13
Fabrinet
7D
19.4%
1Y
248.1%
GLW
US$171.24
Corning
7D
16.9%
1Y
311.5%

Corning: One Of The Most Intriguing Infrastructure Plays

Apr 09
COHR
US$307.50
Coherent
7D
21.4%
1Y
447.7%

COHR: AI Optics Demand And Nvidia Partnership Will Shape Future Risk Balance

Analysts have nudged the price target for Coherent higher by $40, citing stronger perceived earnings power tied to rising AI data center optical demand and capacity commitments from major customers. The model now reflects a slightly higher discount rate and future P/E, while keeping fair value unchanged at $284.25.
KEYS
US$324.18
Keysight Technologies
7D
10.7%
1Y
137.7%

KEYS: Future Returns Will Rely On Durable AI And Wireline Order Momentum

The analyst price target for Keysight Technologies has moved modestly higher to reflect a fair value estimate of about $306. Analysts point to stronger order momentum across AI, wireline, and aerospace and defense, along with updated revenue and earnings models following recent Q1 results.
EVLV
US$5.96
Evolv Technologies Holdings
7D
-2.1%
1Y
73.3%
SMRT
US$1.41
SmartRent
7D
-6.0%
1Y
93.1%

SMRT: Share Buybacks Will Support Future Upside As Losses Narrow

Analysts have modestly adjusted their SmartRent price target to $2.00 per share, reflecting updated views on fair value, discount rate, profit margin, and future P/E assumptions, while keeping revenue growth expectations steady. What's in the News SmartRent completed its share repurchase program announced on March 5, 2024, buying back a total of 20,250,000 shares, representing 10.22% of shares for $33.46 million (Key Developments).
TEL
US$229.78
TE Connectivity
7D
9.6%
1Y
76.8%

TEL: Future Buybacks And Margins Will Likely Keep Shares Fairly Priced

Analysts have trimmed their price target on TE Connectivity to $202.29 from $211.17, citing updated assumptions for slightly higher revenue growth and profit margins, along with a lower future P/E multiple. What's in the News Credo Technology Group Holding Ltd.
LIDR
US$1.58
AEye
7D
-9.7%
1Y
149.6%
FLEX
US$76.74
Flex
7D
13.4%
1Y
150.4%

FLEX: AI Power Business Will Drive Future Margin Upside Repricing

Flex's updated fair value estimate has edged slightly lower to about $75.44. This reflects modest tweaks to discount rate, growth, and margin assumptions, as analysts highlight the company's AI oriented power business and potential margin upside while maintaining a $70 Street price target.
SMX
US$6.37
SMX (Security Matters)
7D
-51.0%
1Y
-99.9%
MSAI
US$6.00
MultiSensor AI Holdings
7D
-37.4%
1Y
-82.7%
VUZI
US$2.40
Vuzix
7D
-4.0%
1Y
45.5%