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U.S. Electronic Equipment and Components Industry Analysis

UpdatedDec 13, 2025
DataAggregated Company Financials
Companies183
  • 7D-1.7%
  • 3M8.6%
  • 1Y39.4%
  • YTD45.2%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 1.7%, driven by a pullback from Amphenol of 7.3%. Meanwhile, Flex actually outperformed within the industry, gaining 10% in the last week. In the past year, the industry has gained 39%. 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
Sat, 13 Dec 2025US$697.4bUS$396.0bUS$16.2b24.8x43.2x1.8x
Mon, 10 Nov 2025US$660.2bUS$395.9bUS$16.0b25.3x41.2x1.7x
Wed, 08 Oct 2025US$632.9bUS$388.4bUS$13.7b25x46.2x1.6x
Fri, 05 Sep 2025US$579.8bUS$386.6bUS$13.5b23.3x43x1.5x
Sun, 03 Aug 2025US$561.4bUS$383.9bUS$15.0b22.8x37.4x1.5x
Tue, 01 Jul 2025US$529.8bUS$377.8bUS$13.5b24.4x39.2x1.4x
Thu, 29 May 2025US$487.1bUS$375.7bUS$13.4b22.1x36.4x1.3x
Sat, 26 Apr 2025US$427.0bUS$373.3bUS$13.6b19.6x31.4x1.1x
Mon, 24 Mar 2025US$437.8bUS$371.0bUS$13.9b20.4x31.4x1.2x
Wed, 19 Feb 2025US$477.2bUS$370.8bUS$14.8b23.9x32.2x1.3x
Fri, 17 Jan 2025US$475.3bUS$369.6bUS$15.6b25.9x30.6x1.3x
Sun, 15 Dec 2024US$478.3bUS$369.6bUS$15.6b26.4x30.6x1.3x
Tue, 12 Nov 2024US$489.6bUS$369.8bUS$15.8b24.5x30.9x1.3x
Thu, 10 Oct 2024US$448.2bUS$323.1bUS$15.9b24.1x28.2x1.4x
Sat, 07 Sep 2024US$410.6bUS$323.9bUS$15.8b21.6x26x1.3x
Mon, 05 Aug 2024US$405.0bUS$325.4bUS$14.5b22.2x28x1.2x
Wed, 03 Jul 2024US$427.0bUS$329.2bUS$15.1b21.5x28.3x1.3x
Fri, 31 May 2024US$432.8bUS$331.2bUS$15.3b21.3x28.4x1.3x
Sun, 28 Apr 2024US$409.9bUS$338.7bUS$15.9b18.8x25.8x1.2x
Tue, 26 Mar 2024US$417.7bUS$339.8bUS$15.7b19x26.7x1.2x
Thu, 22 Feb 2024US$402.9bUS$341.2bUS$15.0b18.9x26.9x1.2x
Sat, 20 Jan 2024US$390.4bUS$350.3bUS$13.7b19.4x28.5x1.1x
Mon, 18 Dec 2023US$404.4bUS$352.2bUS$13.7b20.9x29.5x1.1x
Wed, 15 Nov 2023US$354.7bUS$353.6bUS$13.9b18.6x25.5x1x
Fri, 13 Oct 2023US$371.8bUS$358.4bUS$14.4b16.9x25.8x1x
Sun, 10 Sep 2023US$374.6bUS$360.4bUS$14.6b15.6x25.6x1x
Tue, 08 Aug 2023US$392.3bUS$359.4bUS$15.1b17x26x1.1x
Thu, 06 Jul 2023US$392.7bUS$361.6bUS$15.0b17x26.1x1.1x
Sat, 03 Jun 2023US$370.3bUS$362.6bUS$15.1b16.6x24.5x1x
Mon, 01 May 2023US$347.0bUS$361.3bUS$15.6b15.4x22.3x1x
Wed, 29 Mar 2023US$358.3bUS$360.1bUS$15.9b16.9x22.6x1x
Fri, 24 Feb 2023US$370.9bUS$359.2bUS$15.9b17x23.4x1x
Sun, 22 Jan 2023US$371.5bUS$354.7bUS$16.6b16.6x22.4x1x
Tue, 20 Dec 2022US$337.4bUS$354.0bUS$16.5b15.3x20.4x1x
Price to Earnings Ratio

20.4x


Total Market Cap: US$337.4bTotal Earnings: US$16.5bTotal Revenue: US$354.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 29.7x202320242025
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 43.2x which is higher than its 3-year average PE of 29.7x.
  • The 3-year average PS ratio of 1.2x 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 3.8% 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-0.66%
Tech-2.47%
Electronic Equipment and Components-1.68%
Electronic Manufacturing Services0.72%
Technology Distributors0.48%
Electronic Equipment and Instruments-1.16%
Electronic Components-3.63%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 43.9x.
    • Analysts are expecting annual earnings growth of 24.1%, which is lower than the prior year's growth of 27.6% per year.
  • Investors are most pessimistic about the Technology Distributors industry, which is trading close to its 3-year average of 15.8x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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
FLEX FlexUS$68.8010.2%
+US$2.4b		79.3%PE29x
GLW CorningUS$88.322.7%
+US$2.0b		83.4%PE55.4x
PLXS PlexusUS$159.916.3%
+US$255.4m		-3.7%PE24.8x
JBL JabilUS$222.371.0%
+US$246.8m		64.6%PE36.2x
INGM Ingram Micro HoldingUS$22.714.7%
+US$237.4m		7.6%PE18.4x

Latest News

SANM
US$160.63
Sanmina
7D
1.6%
1Y
100.7%
GLW
US$88.32
Corning
7D
2.7%
1Y
83.4%
CGNX
US$35.65
Cognex
7D
-7.2%
1Y
-3.9%
KEYS
US$208.81
Keysight Technologies
7D
-0.8%
1Y
25.4%

KEYS: Future Returns Will Depend On AI Inflection And End Market Recovery

Analysts have nudged our Keysight Technologies fair value estimate slightly higher to about $216 from roughly $213, reflecting improved confidence in double digit EPS growth, stabilizing wireless and defense demand, and a looming AI driven inflection that could support modest multiple expansion. Analyst Commentary Street research remains broadly constructive on Keysight, with recent actions highlighting a balanced mix of optimism around growth acceleration and caution on what is already embedded in the share price.
CXT
US$51.79
Crane NXT
7D
-10.9%
1Y
-13.5%

CXT: Currency Tailwinds Will Drive Security Authentication Strength Ahead

Analysts raised their price target for Crane NXT to $80 from $70, citing tailwinds in U.S. and international currency, stabilizing CPI end markets, and the accretive impact of the Antares Vision acquisition, particularly on Security and Authentication Technologies growth. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as justified by strengthening U.S. and international currency demand, which is expected to support sustained top line growth and multiple expansion.
COHR
US$178.34
Coherent
7D
-1.9%
1Y
67.2%

COHR: AI And Cloud Spending Will Mask Auto And China Risks

Analysts have modestly raised their price target on Coherent, lifting fair value by about $6 to approximately $175 per share, citing the company's recent earnings beat, strengthened AI and cloud capex positioning, and an improving growth outlook reflected in higher projected revenue growth and future valuation multiples. Analyst Commentary Bullish analysts remain constructive on Coherent's positioning, pointing to a series of price target increases that reflect greater confidence in the company’s execution, visibility on demand, and leverage to AI and cloud infrastructure spending.
PLXS
US$159.91
Plexus
7D
6.3%
1Y
-3.7%

PLXS: Shares Will Likely Trade Steadily As Execution Offsets Macro Caution

Analysts have modestly increased their Plexus price target to approximately $159 per share. This reflects confidence in the company’s robust execution and long term growth prospects, despite a more cautious stance on the macro environment and valuation.
APH
US$129.24
Amphenol
7D
-7.3%
1Y
75.5%
FLEX
US$68.80
Flex
7D
10.2%
1Y
79.3%
TRMB
US$80.26
Trimble
7D
-3.9%
1Y
9.1%
TEL
US$230.16
TE Connectivity
7D
-1.8%
1Y
53.3%

TEL: Strong Buybacks And EPS Outlook Will Drive Future Upside

Analysts have nudged their price target on TE Connectivity slightly higher to approximately $270.47 per share from about $270.24. This reflects modestly improved expectations for long term revenue growth, profit margins, and earnings multiples, despite a slightly higher discount rate.
ZBRA
US$268.39
Zebra Technologies
7D
1.4%
1Y
-33.5%

ZBRA: Margin Pressures From Tariffs Will Ease After 2025 Supporting Profitability

Analysts have modestly reduced their price target on Zebra Technologies by about $19 per share, reflecting concerns over decelerating organic growth and cautious extrapolation of softer Q4 guidance into the medium term. Analyst Commentary Recent research notes present a mixed but generally balanced view of Zebra Technologies, with analysts updating price targets and recommendations in response to Q3 performance, tariff dynamics, and forward guidance.
JBL
US$222.37
Jabil
7D
1.0%
1Y
64.6%

JBL: AI Cybersecurity And BESS Expansion Will Drive Strong 2025 Upside

Analysts have modestly reduced their price target on Jabil by approximately 1.75 dollars to about 245.63 dollars. This reflects slightly lower profit margin expectations that more than offset improved revenue growth assumptions and a marginally lower discount rate.
FN
US$470.89
Fabrinet
7D
-1.6%
1Y
90.0%
FEIM
US$46.45
Frequency Electronics
7D
48.3%
1Y
178.0%

Lacklustre Performance Is Driving Frequency Electronics, Inc.'s (NASDAQ:FEIM) 27% Price Drop

Nov 14
Lacklustre Performance Is Driving Frequency Electronics, Inc.'s (NASDAQ:FEIM) 27% Price Drop
INGM
US$22.71
Ingram Micro Holding
7D
4.7%
1Y
7.6%