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

U.S. Electronic Equipment and Components Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies182
  • 7D3.9%
  • 3M8.2%
  • 1Y42.6%
  • YTD46.0%

Over the last 7 days, the Electronic Equipment and Components industry has risen 3.9%, driven by gains from Amphenol of 6.2%. In the last 12 months, the industry was up 43%. Looking forward, 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
Wed, 24 Dec 2025US$668.5bUS$397.3bUS$16.2b24.9x41.2x1.7x
Fri, 21 Nov 2025US$629.8bUS$395.9bUS$16.0b22.6x39.4x1.6x
Sun, 19 Oct 2025US$632.3bUS$388.4bUS$13.7b26.2x46.1x1.6x
Tue, 16 Sep 2025US$611.7bUS$386.6bUS$13.5b24.3x45.3x1.6x
Thu, 14 Aug 2025US$589.8bUS$386.0bUS$13.6b24.2x43.3x1.5x
Sat, 12 Jul 2025US$540.9bUS$377.6bUS$13.6b24.6x39.7x1.4x
Mon, 09 Jun 2025US$497.3bUS$375.7bUS$13.4b22x37.2x1.3x
Wed, 07 May 2025US$443.8bUS$373.8bUS$13.5b20x32.9x1.2x
Fri, 04 Apr 2025US$429.2bUS$371.4bUS$13.9b19.2x30.8x1.2x
Sun, 02 Mar 2025US$455.9bUS$370.8bUS$14.8b22.3x30.8x1.2x
Tue, 28 Jan 2025US$505.3bUS$370.7bUS$14.4b25.5x35.1x1.4x
Thu, 26 Dec 2024US$470.0bUS$368.2bUS$15.5b25.8x30.3x1.3x
Sat, 23 Nov 2024US$473.3bUS$369.5bUS$15.5b24.5x30.5x1.3x
Mon, 21 Oct 2024US$459.2bUS$323.1bUS$15.9b23.9x28.9x1.4x
Wed, 18 Sep 2024US$429.4bUS$323.9bUS$15.8b22.7x27.2x1.3x
Fri, 16 Aug 2024US$418.6bUS$324.2bUS$15.7b21.8x26.7x1.3x
Sun, 14 Jul 2024US$450.9bUS$329.1bUS$15.0b22.2x30x1.4x
Tue, 11 Jun 2024US$430.4bUS$331.2bUS$15.2b21.1x28.3x1.3x
Thu, 09 May 2024US$419.7bUS$331.3bUS$15.3b20.4x27.5x1.3x
Sat, 06 Apr 2024US$416.8bUS$338.6bUS$15.7b18.6x26.5x1.2x
Mon, 04 Mar 2024US$418.0bUS$341.3bUS$15.0b19.2x27.9x1.2x
Wed, 31 Jan 2024US$402.5bUS$349.9bUS$15.2b19.5x26.5x1.2x
Fri, 29 Dec 2023US$410.0bUS$352.2bUS$13.7b21.1x30x1.2x
Sun, 26 Nov 2023US$370.5bUS$353.4bUS$13.8b18x26.8x1x
Tue, 24 Oct 2023US$342.9bUS$358.4bUS$14.4b16.7x23.8x1x
Thu, 21 Sep 2023US$370.6bUS$360.4bUS$14.6b16.1x25.4x1x
Sat, 19 Aug 2023US$376.3bUS$360.3bUS$14.6b16.6x25.8x1x
Mon, 17 Jul 2023US$397.8bUS$361.5bUS$15.1b16.3x26.4x1.1x
Wed, 14 Jun 2023US$382.9bUS$362.6bUS$15.1b15.6x25.4x1.1x
Fri, 12 May 2023US$346.1bUS$361.1bUS$15.0b16.3x23.1x1x
Sun, 09 Apr 2023US$357.5bUS$361.4bUS$16.1b16.5x22.2x1x
Tue, 07 Mar 2023US$374.2bUS$359.3bUS$16.0b17x23.4x1x
Thu, 02 Feb 2023US$383.3bUS$356.8bUS$16.1b17x23.8x1.1x
Sat, 31 Dec 2022US$341.7bUS$354.0bUS$16.5b15.4x20.7x1x
Price to Earnings Ratio

20.7x


Total Market Cap: US$341.7bTotal 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 29.9x202320242025
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 41.2x which is higher than its 3-year average PE of 29.9x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.7x.
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 3.9% 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 Market2.62%
Tech4.72%
Electronic Equipment and Components3.86%
Electronic Components5.51%
Electronic Manufacturing Services4.80%
Electronic Equipment and Instruments1.73%
Technology Distributors-0.98%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 44.2x.
    • 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 12% 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
APH AmphenolUS$137.949.0%
+US$14.0b		92.5%PE44.2x
GLW CorningUS$89.665.0%
+US$3.6b		87.2%PE56.3x
COHR CoherentUS$191.3712.3%
+US$3.3b		91.8%PE254.3x
TEL TE ConnectivityUS$231.904.1%
+US$2.7b		59.4%PE37x
FN FabrinetUS$481.7412.9%
+US$2.0b		117.7%PE49.2x

Latest News

INVZ
US$0.97
Innoviz Technologies
7D
-15.0%
1Y
-41.9%
TTMI
US$72.59
TTM Technologies
7D
17.9%
1Y
186.5%

TTMI: Data Center And AI Demand Will Drive Earnings Upside Into 2026

We raise our TTM Technologies price target to $80.75 from $77.50, as analysts point to sustained beat and raise execution, strengthening data center and AI demand into 2026, and added capacity at advanced PCB facilities as key drivers of higher growth and earnings visibility. Analyst Commentary Bullish analysts remain constructive on TTM Technologies, highlighting a combination of improving execution, strong data center exposure, and expanding advanced PCB capacity as key pillars supporting upward revisions to price targets and earnings forecasts into 2026.
JBL
US$234.49
Jabil
7D
8.4%
1Y
58.7%
COHR
US$191.37
Coherent
7D
12.3%
1Y
91.8%

Coherent Corp.'s (NYSE:COHR) Shares Climb 33% But Its Business Is Yet to Catch Up

Dec 22
Coherent Corp.'s (NYSE:COHR) Shares Climb 33% But Its Business Is Yet to Catch Up
NSSC
US$41.94
Napco Security Technologies
7D
-2.5%
1Y
16.2%

NSSC: Accelerating Equipment Sales Should Sustain Outperformance Into Fiscal 2026

Analysts have modestly raised their price target on Napco Security Technologies to $50.00, citing the company’s repeated quarterly beats, accelerating equipment sales growth, and an increasingly favorable setup into FY26 as key drivers of renewed near term and long term conviction. Analyst Commentary Bullish Takeaways Bullish analysts highlight the third consecutive quarterly beat as evidence that Napco is executing well against expectations, supporting a higher valuation multiple.
TEL
US$231.90
TE Connectivity
7D
4.1%
1Y
59.4%
GLW
US$89.66
Corning
7D
5.0%
1Y
87.2%
APH
US$137.94
Amphenol
7D
9.0%
1Y
92.5%

APH: AI Connectivity Demand Will Support Margins And Sustained Earnings Outperformance

The Analyst Price Target for Amphenol has inched higher to approximately $149 per share from about $148 per share, as analysts point to sustained earnings beats, improving margin outlooks and rising end market demand across autos, hyperscale data centers and broader connectivity applications. Analyst Commentary Bullish analysts have broadly raised their price targets on Amphenol following a string of earnings beats and constructive guidance, highlighting both cyclical recovery and structural growth drivers across key end markets.
EVLV
US$6.66
Evolv Technologies Holdings
7D
-4.3%
1Y
70.3%
ZBRA
US$245.90
Zebra Technologies
7D
-3.3%
1Y
-37.8%

ZBRA: Tariff Headwinds Will Ease After 2025 Supporting Margin Recovery

Analysts have modestly lowered their average price target on Zebra Technologies, trimming expectations by a few dollars per share to reflect concerns about slowing organic growth and a cautious extrapolation of the latest Q4 guidance into the medium term. Analyst Commentary Recent Street research on Zebra Technologies reflects a mixed but generally constructive stance, with pricing adjustments fine tuning expectations rather than signaling a wholesale change in the underlying thesis.
FN
US$481.74
Fabrinet
7D
12.9%
1Y
117.7%
KEYS
US$205.33
Keysight Technologies
7D
3.4%
1Y
25.3%
SCSC
US$39.74
ScanSource
7D
-4.2%
1Y
-18.2%
DAKT
US$18.52
Daktronics
7D
-2.6%
1Y
7.1%

DAKT: Leadership Transition Will Drive Higher Margins And Support Bullish Outlook

Analysts have raised their price target on Daktronics from 27.50 dollars to 30.00 dollars, citing slightly faster expected revenue growth, meaningfully higher profit margins, and a lower assumed future price-to-earnings multiple as key drivers of the upward revision. What's in the News Daktronics has appointed Ramesh Jayaraman as Chief Executive Officer, effective February 1, 2026, with plans for him to also join the Board upon approval.
CDW
US$138.71
CDW
7D
-3.5%
1Y
-21.3%
CNXN
US$59.55
PC Connection
7D
-2.3%
1Y
-14.5%