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

U.S. Electronic Equipment and Components Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies184
  • 7D1.1%
  • 3M23.4%
  • 1Y79.1%
  • YTD18.3%

Over the last 7 days, the Electronic Equipment and Components industry has risen 1.1%, and Keysight Technologies contributed the most with a gain of 28%. Meanwhile, Amphenol actually underperformed within the industry, shrinking 8.6% in the last week. This means that the industry has gained 79% over the past year. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Mar 2026US$782.1bUS$405.2bUS$15.2b27.2x51.5x1.9x
Fri, 30 Jan 2026US$694.3bUS$401.1bUS$16.8b27.6x41.4x1.7x
Sun, 28 Dec 2025US$673.0bUS$397.3bUS$16.2b24.8x41.5x1.7x
Tue, 25 Nov 2025US$615.2bUS$395.9bUS$16.0b24x38.4x1.6x
Thu, 23 Oct 2025US$639.7bUS$388.4bUS$13.7b25.8x46.6x1.6x
Sat, 20 Sep 2025US$628.3bUS$386.6bUS$13.5b24.3x46.5x1.6x
Mon, 18 Aug 2025US$573.7bUS$386.2bUS$13.7b22.7x42x1.5x
Wed, 16 Jul 2025US$545.1bUS$377.6bUS$13.6b24.1x40x1.4x
Fri, 13 Jun 2025US$501.5bUS$375.7bUS$13.4b22.2x37.5x1.3x
Sun, 11 May 2025US$454.2bUS$375.4bUS$13.3b20.8x34x1.2x
Tue, 08 Apr 2025US$365.7bUS$371.4bUS$13.9b18.6x26.3x1x
Thu, 06 Mar 2025US$432.7bUS$371.1bUS$14.7b21.2x29.4x1.2x
Sat, 01 Feb 2025US$482.0bUS$370.8bUS$14.8b25.4x32.6x1.3x
Mon, 30 Dec 2024US$465.9bUS$368.2bUS$15.5b25.6x30.1x1.3x
Wed, 27 Nov 2024US$480.1bUS$369.5bUS$15.5b25.4x30.9x1.3x
Fri, 25 Oct 2024US$458.7bUS$324.0bUS$16.0b23.7x28.6x1.4x
Sun, 22 Sep 2024US$444.5bUS$323.9bUS$15.8b23.1x28.2x1.4x
Tue, 20 Aug 2024US$431.4bUS$324.2bUS$15.8b22.1x27.3x1.3x
Thu, 18 Jul 2024US$465.3bUS$329.1bUS$15.0b22.5x30.9x1.4x
Sat, 15 Jun 2024US$437.8bUS$331.2bUS$15.2b21x28.8x1.3x
Mon, 13 May 2024US$423.5bUS$331.4bUS$15.4b20.8x27.4x1.3x
Wed, 10 Apr 2024US$419.1bUS$338.7bUS$15.7b18.9x26.7x1.2x
Fri, 08 Mar 2024US$420.3bUS$341.3bUS$15.0b19.8x28.1x1.2x
Sun, 04 Feb 2024US$405.4bUS$349.3bUS$15.0b20x27.1x1.2x
Tue, 02 Jan 2024US$407.2bUS$352.2bUS$13.7b20.9x29.7x1.2x
Thu, 30 Nov 2023US$368.4bUS$353.4bUS$13.8b17.1x26.7x1x
Sat, 28 Oct 2023US$339.6bUS$357.6bUS$14.4b16.4x23.6x0.9x
Mon, 25 Sep 2023US$365.6bUS$360.4bUS$14.6b15.8x25x1x
Wed, 23 Aug 2023US$376.0bUS$360.3bUS$14.6b16.6x25.8x1x
Fri, 21 Jul 2023US$395.8bUS$361.5bUS$15.1b16.8x26.2x1.1x
Sun, 18 Jun 2023US$390.1bUS$362.8bUS$15.1b16.3x25.8x1.1x
Tue, 16 May 2023US$351.1bUS$362.4bUS$15.1b16.6x23.3x1x
Thu, 13 Apr 2023US$362.2bUS$361.4bUS$16.1b16.7x22.4x1x
Sat, 11 Mar 2023US$356.2bUS$359.3bUS$15.9b16.7x22.3x1x
Price to Earnings Ratio

22.3x


Total Market Cap: US$356.2bTotal Earnings: US$15.9bTotal Revenue: US$359.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 31.3x202420252026
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 51.5x which is higher than its 3-year average PE of 31.3x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.9x.
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 4.1% 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-0.57%
Tech-2.05%
Electronic Equipment and Components1.14%
Electronic Equipment and Instruments5.62%
Electronic Components1.21%
Electronic Manufacturing Services-1.87%
Technology Distributors-2.73%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 51.5x.
    • Analysts are expecting annual earnings growth of 22.3%, which is higher than its past year's earnings growth of 11.2% 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 15% 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$280.8110.2%
+US$7.1b		303.6%PE285.3x
INGM Ingram Micro HoldingUS$24.4120.6%
+US$980.3m		16.3%PE17.5x
ARLO Arlo TechnologiesUS$15.0930.0%
+US$381.9m		27.4%PE108x
LASR nLIGHTUS$63.079.4%
+US$327.8m		658.1%PS13.5x
MIR Mirion TechnologiesUS$21.904.0%
+US$208.0m		49.2%PE186x

Latest News

TEL
US$204.31
TE Connectivity
7D
-15.4%
1Y
38.0%
OUST
US$21.72
Ouster
7D
16.5%
1Y
179.5%
INGM
US$24.41
Ingram Micro Holding
7D
20.6%
1Y
16.3%
LASR
US$63.07
nLIGHT
7D
9.4%
1Y
658.1%
COHR
US$280.81
Coherent
7D
10.2%
1Y
303.6%
FLEX
US$63.08
Flex
7D
-2.8%
1Y
80.2%

FLEX: Liquid Cooling Execution Will Support AI Data Center Upside Repricing

Analysts have raised their average price target on Flex by $1, reflecting recent positive research attention and updated assumptions around discount rates, revenue, profit margins, and forward P/E expectations. Analyst Commentary Bullish analysts see the latest price target move as a reflection of improved confidence in Flex's ability to execute against updated assumptions on discount rates, revenue trends, profit margins, and forward P/E.
GLW
US$147.57
Corning
7D
-2.7%
1Y
217.4%
CGNX
US$53.61
Cognex
7D
-7.4%
1Y
69.9%

CGNX: Margin Execution And Demand Stability Will Shape Fairly Valued Outlook

The analyst fair value estimate for Cognex has been raised from $36.62 to $52.00, reflecting higher Street price targets in the $55 to $75 range and analyst expectations for improved margins, cost control, and a more stable demand backdrop across key segments. Analyst Commentary Recent Street research on Cognex clusters around higher price targets and a more constructive stance on margins, cost controls, and demand stability, but the tone is not uniformly bullish.
KEYS
US$302.54
Keysight Technologies
7D
0.4%
1Y
97.6%
ARLO
US$15.09
Arlo Technologies
7D
30.0%
1Y
27.4%
FN
US$553.03
Fabrinet
7D
-5.6%
1Y
190.5%
SANM
US$137.97
Sanmina
7D
-12.8%
1Y
84.2%
LWLG
US$5.25
Lightwave Logic
7D
30.9%
1Y
348.7%
JBL
US$254.24
Jabil
7D
-4.5%
1Y
79.6%

JBL: Manufacturing Partnership And Buybacks Will Support Balanced Medium Term Outlook

Analysts have kept their Jabil fair value estimate steady at $264.50, with only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin, and future P/E, which they consider too small to justify a change in the price target. What's in the News Jabil announced a minority investment and manufacturing collaboration with Eagle Harbor Technologies, focusing on power delivery technologies for advanced semiconductor fabrication, including RF and pulsed DC systems for high aspect ratio etch and atomic layer processes (Key Developments).
MIR
US$21.90
Mirion Technologies
7D
4.0%
1Y
49.2%

MIR: 2026 Guidance And Assumption Tweaks Will Support Constructive Long Term Upside Potential

Analysts have trimmed their price target on Mirion Technologies to about $29.30 per share from roughly $30.33, reflecting updated assumptions for slightly higher discount rates, a lower revenue growth outlook, more conservative profit margin expectations, and a higher future P/E multiple. What's in the News Mirion Technologies issued earnings guidance for the fiscal year ending December 31, 2026, giving investors a view of management's current expectations.
APH
US$129.58
Amphenol
7D
-14.5%
1Y
105.5%

APH: Future AI And Acquisition Hype Will Likely Cap Share Upside

Our analyst price target for Amphenol has been adjusted from $123.77 to $135.00, with analysts pointing to raised Street targets, support from data center AI exposure, and the planned CommScope Connectivity and Cable Solutions acquisition as key drivers behind the update. Analyst Commentary Recent Street research on Amphenol has leaned constructive, with several large firms lifting price targets and, in one case, moving the stock to an Overweight rating.