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U.S. Electronic Equipment and Components Industry Analysis

UpdatedMar 19, 2026
DataAggregated Company Financials
Companies183
  • 7D-2.5%
  • 3M11.9%
  • 1Y67.5%
  • YTD7.1%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 1.4%, driven by Amphenol declining 5.0%. Over the past 12 months, the industry was up 76%. 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
Thu, 19 Mar 2026US$725.5bUS$408.4bUS$15.5b28.5x46.9x1.8x
Sat, 14 Feb 2026US$736.4bUS$404.8bUS$15.6b28.3x47.3x1.8x
Mon, 12 Jan 2026US$654.6bUS$395.3bUS$16.0b26x40.9x1.7x
Wed, 10 Dec 2025US$683.3bUS$396.0bUS$16.3b24.6x41.9x1.7x
Fri, 07 Nov 2025US$668.7bUS$395.7bUS$16.0b24.9x41.8x1.7x
Sun, 05 Oct 2025US$626.1bUS$388.4bUS$13.7b24x45.7x1.6x
Tue, 02 Sep 2025US$578.3bUS$386.6bUS$13.5b22.8x42.9x1.5x
Thu, 31 Jul 2025US$575.7bUS$382.9bUS$15.1b23.8x38.1x1.5x
Sat, 28 Jun 2025US$530.3bUS$377.8bUS$13.5b23.6x39.2x1.4x
Mon, 26 May 2025US$474.3bUS$375.7bUS$13.4b22.1x35.4x1.3x
Wed, 23 Apr 2025US$383.6bUS$371.4bUS$13.9b19.3x27.6x1x
Fri, 21 Mar 2025US$442.8bUS$371.0bUS$13.9b20.7x31.8x1.2x
Sun, 16 Feb 2025US$477.2bUS$370.8bUS$14.8b23.9x32.2x1.3x
Tue, 14 Jan 2025US$461.5bUS$369.6bUS$15.6b24.8x29.6x1.2x
Thu, 12 Dec 2024US$477.1bUS$369.6bUS$15.6b26.2x30.6x1.3x
Sat, 09 Nov 2024US$489.0bUS$369.7bUS$15.8b24.2x30.9x1.3x
Mon, 07 Oct 2024US$444.5bUS$323.1bUS$15.8b24.1x28.2x1.4x
Wed, 04 Sep 2024US$443.7bUS$323.9bUS$15.9b21.9x27.9x1.4x
Fri, 02 Aug 2024US$435.8bUS$327.2bUS$14.6b22.5x29.9x1.3x
Sun, 30 Jun 2024US$430.2bUS$329.4bUS$15.1b21.6x28.5x1.3x
Tue, 28 May 2024US$440.3bUS$331.3bUS$15.3b21.6x28.9x1.3x
Thu, 25 Apr 2024US$405.3bUS$338.8bUS$15.9b19.2x25.5x1.2x
Sat, 23 Mar 2024US$417.7bUS$339.8bUS$15.7b19x26.7x1.2x
Mon, 19 Feb 2024US$406.1bUS$341.3bUS$15.0b19.5x27x1.2x
Wed, 17 Jan 2024US$390.2bUS$350.3bUS$13.7b19.4x28.5x1.1x
Fri, 15 Dec 2023US$389.8bUS$352.2bUS$13.7b21.4x28.4x1.1x
Sun, 12 Nov 2023US$354.9bUS$353.6bUS$13.9b17.5x25.6x1x
Tue, 10 Oct 2023US$367.4bUS$358.4bUS$14.4b17x25.5x1x
Thu, 07 Sep 2023US$383.6bUS$360.4bUS$14.6b16.3x26.2x1.1x
Sat, 05 Aug 2023US$389.3bUS$359.4bUS$15.1b16.8x25.8x1.1x
Mon, 03 Jul 2023US$396.2bUS$361.6bUS$15.1b17x26.3x1.1x
Wed, 31 May 2023US$365.5bUS$362.6bUS$15.1b16.5x24.2x1x
Fri, 28 Apr 2023US$343.2bUS$361.2bUS$15.6b15.2x21.9x1x
Sun, 26 Mar 2023US$358.4bUS$360.1bUS$15.9b16.7x22.6x1x
Price to Earnings Ratio

22.6x


Total Market Cap: US$358.4bTotal Earnings: US$15.9bTotal Revenue: US$360.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 31.7x202420252026
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 47.3x which is higher than its 3-year average PE of 31.7x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.8x.
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 4.2% 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-2.19%
Tech-2.52%
Electronic Equipment and Components-2.51%
Electronic Manufacturing Services-2.15%
Electronic Equipment and Instruments-2.49%
Electronic Components-2.62%
Technology Distributors-2.90%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 52.1x.
    • Analysts are expecting annual earnings growth of 21.7%, which is higher than its past year's earnings growth of 8.4% 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 14% 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
COHR CoherentUS$257.212.3%
+US$1.1b		268.7%PE261.3x
JBL JabilUS$258.671.3%
+US$339.0m		85.5%PE33.8x
LWLG Lightwave LogicUS$6.6732.9%
+US$240.0m		506.4%PS9641.9x
AEIS Advanced Energy IndustriesUS$319.631.5%
+US$180.8m		200.8%PE80.8x
BELF.A Bel FuseUS$192.355.3%
+US$123.0m		154.4%PE39.7x

Latest News

JBL
US$258.67
Jabil
7D
1.3%
1Y
85.5%
COHR
US$257.21
Coherent
7D
2.3%
1Y
268.7%
AEIS
US$319.63
Advanced Energy Industries
7D
1.5%
1Y
200.8%
TDY
US$633.87
Teledyne Technologies
7D
-3.3%
1Y
26.6%
GLW
US$129.86
Corning
7D
-1.4%
1Y
166.3%
LASR
US$68.54
nLIGHT
7D
3.1%
1Y
666.7%

LASR: Directed Energy Defense Expansion And Vertical Integration Will Shape Future Earnings

The analyst fair value estimate for nLIGHT has increased from $55.00 to about $92.63, as analysts highlight rising price targets tied to market tailwinds in directed energy, the company's vertical integration, and recent revenue and margin trends. Analyst Commentary Recent research points to a cluster of bullish analysts lifting fair value assumptions and price targets for nLIGHT, reflecting confidence in the company’s execution in directed energy and related defense applications.
APH
US$127.81
Amphenol
7D
-5.0%
1Y
89.6%
BELF.A
US$192.35
Bel Fuse
7D
5.3%
1Y
154.4%
TEL
US$196.25
TE Connectivity
7D
-4.3%
1Y
32.8%
BDC
US$113.91
Belden
7D
-7.6%
1Y
6.9%

BDC: Share Repurchases And M&A Focus Will Support Future Upside

Analysts have kept their $175.80 price target on Belden steady, citing essentially unchanged fair value, revenue growth, profit margin, discount rate and forward P/E assumptions in their updated models. What's in the News Belden launched new cybersecurity and networking products for operational technology environments, including a hardware agnostic Virtual Firewall with three licensing tiers that support deep packet inspection, intrusion prevention and high availability, plus new LioN-X LC Digital I/O Modules that are the first digital I/O modules under the Belden brand (Key Developments).
LFUS
US$332.99
Littelfuse
7D
0.7%
1Y
55.2%
LWLG
US$6.67
Lightwave Logic
7D
32.9%
1Y
506.4%
FN
US$500.43
Fabrinet
7D
-4.6%
1Y
122.9%
MIR
US$19.44
Mirion Technologies
7D
-10.0%
1Y
29.8%

MIR: 2026 Guidance And Margin Assumptions Will Support Constructive Long Term Upside Potential

Analysts have made a modest adjustment to their price target for Mirion Technologies, keeping fair value at $29.30 while slightly refining inputs such as the discount rate, revenue growth and profit margin expectations to reflect updated assumptions. What's in the News Mirion Technologies issued earnings guidance for the fiscal year ending December 31, 2026, giving investors a time frame for management's current planning assumptions (Key Developments).
LPTH
US$11.67
LightPath Technologies
7D
7.2%
1Y
416.4%

LPTH: Drone Supply Chain Inroads Will Test New Higher Multiple

Narrative Update on LightPath Technologies Our analyst price target for LightPath Technologies has been revised from $10.00 to $14.00. This revision reflects updated Street research, in which analysts cite recent price target increases and new coverage as support for their views on the company.
SNX
US$153.06
TD SYNNEX
7D
-3.2%
1Y
16.0%

SNX: Future Returns Will Be Driven By Hyve And Higher Value Segments

Narrative Update: TD SYNNEX Analyst Price Target Shift The consolidated analyst price target for TD SYNNEX edges slightly higher to about $180, with recent updates clustering between $163 and $193 as analysts balance expectations for FY26 billings growth with concerns around hardware budgets and the company’s mix of higher value segments. Analyst Commentary Recent Street research on TD SYNNEX reflects a mix of optimism around growth and execution alongside ongoing questions about hardware demand and valuation risk.