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U.S. Electronic Equipment and Components Industry Analysis

UpdatedOct 24, 2025
DataAggregated Company Financials
Companies180
  • 7D4.2%
  • 3M16.4%
  • 1Y43.7%
  • YTD43.7%

In the last week, the Electronic Equipment and Components industry is up 4.2%, with Amphenol up 6.5%. Meanwhile, Teledyne 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 44%. Looking forward, earnings are forecast to grow by 23% 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, 25 Oct 2025US$636.5bUS$390.7bUS$14.3b26.9x44.4x1.6x
Mon, 22 Sep 2025US$630.0bUS$386.6bUS$13.5b24.3x46.6x1.6x
Wed, 20 Aug 2025US$577.4bUS$386.4bUS$13.7b23x42.3x1.5x
Fri, 18 Jul 2025US$545.3bUS$377.6bUS$13.6b24.3x40x1.4x
Sun, 15 Jun 2025US$490.8bUS$375.7bUS$13.4b22x36.7x1.3x
Tue, 13 May 2025US$454.4bUS$375.4bUS$13.3b21.6x34x1.2x
Thu, 10 Apr 2025US$365.2bUS$371.4bUS$13.9b19.9x26.3x1x
Sat, 08 Mar 2025US$427.3bUS$371.1bUS$14.7b21.1x29.1x1.2x
Mon, 03 Feb 2025US$483.0bUS$370.8bUS$14.8b25.4x32.6x1.3x
Wed, 01 Jan 2025US$459.9bUS$368.1bUS$15.5b25.4x29.6x1.2x
Fri, 29 Nov 2024US$475.8bUS$369.6bUS$15.5b26.4x30.6x1.3x
Sun, 27 Oct 2024US$461.9bUS$372.2bUS$16.6b23.7x27.8x1.2x
Tue, 24 Sep 2024US$444.5bUS$323.9bUS$15.8b23.1x28.2x1.4x
Thu, 22 Aug 2024US$436.3bUS$324.2bUS$15.9b22.3x27.4x1.3x
Sat, 20 Jul 2024US$446.3bUS$329.1bUS$15.0b22.1x29.7x1.4x
Mon, 17 Jun 2024US$431.1bUS$331.2bUS$15.2b21x28.3x1.3x
Wed, 15 May 2024US$423.7bUS$331.4bUS$15.4b21.1x27.4x1.3x
Fri, 12 Apr 2024US$412.9bUS$338.7bUS$15.7b19.1x26.3x1.2x
Sun, 10 Mar 2024US$417.1bUS$341.2bUS$14.9b19.6x28x1.2x
Tue, 06 Feb 2024US$391.0bUS$344.8bUS$14.9b19.2x26.3x1.1x
Thu, 04 Jan 2024US$390.7bUS$352.2bUS$13.7b19.9x28.5x1.1x
Sat, 02 Dec 2023US$368.6bUS$353.4bUS$13.8b17.1x26.7x1x
Mon, 30 Oct 2023US$339.7bUS$357.6bUS$14.4b16.4x23.6x1x
Wed, 27 Sep 2023US$358.1bUS$360.4bUS$14.6b15.5x24.5x1x
Fri, 25 Aug 2023US$376.0bUS$360.3bUS$14.6b16.8x25.8x1x
Sun, 23 Jul 2023US$395.2bUS$361.5bUS$15.1b16.8x26.2x1.1x
Tue, 20 Jun 2023US$390.1bUS$362.8bUS$15.1b16.3x25.8x1.1x
Thu, 18 May 2023US$355.4bUS$362.4bUS$15.1b17.1x23.6x1x
Sat, 15 Apr 2023US$363.3bUS$361.4bUS$16.1b16.8x22.5x1x
Mon, 13 Mar 2023US$356.2bUS$359.3bUS$15.9b16.7x22.3x1x
Wed, 08 Feb 2023US$386.0bUS$358.5bUS$16.3b17.7x23.8x1.1x
Fri, 06 Jan 2023US$343.4bUS$354.0bUS$16.5b15.8x20.8x1x
Sun, 04 Dec 2022US$366.3bUS$353.0bUS$16.6b16.5x22.1x1x
Tue, 01 Nov 2022US$369.3bUS$350.0bUS$16.7b15.8x22.1x1.1x
Price to Earnings Ratio

22.1x


Total Market Cap: US$369.3bTotal Earnings: US$16.7bTotal Revenue: US$350.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 28.8x202320242025
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 44.4x which is higher than its 3-year average PE of 28.8x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 4.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.7% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Tech industry?

US Market1.93%
Tech2.73%
Electronic Equipment and Components4.17%
Electronic Components5.76%
Electronic Manufacturing Services3.48%
Electronic Equipment and Instruments2.94%
Technology Distributors2.05%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 50.8x.
    • Analysts are expecting annual earnings growth of 24.8%, which is higher than its past year's earnings growth of 4.2% per year.
  • Investors are most pessimistic about the Technology Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.5x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings growth rate of 4.2% 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
APH AmphenolUS$133.826.5%
+US$10.0b		92.8%PE42.8x
TEL TE ConnectivityUS$235.655.7%
+US$3.7b		58.0%PE47.9x
GLW CorningUS$87.413.5%
+US$2.5b		89.0%PE91.4x
COHR CoherentUS$129.3411.2%
+US$2.0b		35.0%PS3.5x
KEYS Keysight TechnologiesUS$169.474.5%
+US$1.3b		8.6%PE53.5x

Latest News

APH
US$133.82
Amphenol
7D
6.5%
1Y
92.8%

Accelerated Revenue Growth And Mergers Will Broaden Datacenter Connectivity Horizons

Amphenol's analyst price target has increased from $122.88 to $139.29, as analysts highlight stronger revenue growth prospects, higher profit margins, and improved end market trends that support the company's outlook. Analyst Commentary Recent updates from street research have revealed heightened confidence in Amphenol’s growth narrative, while also highlighting certain risks to monitor as the company advances its acquisition strategy and expands in key end markets.
TDY
US$532.09
Teledyne Technologies
7D
-5.4%
1Y
13.4%

Defense And Diversified Markets Will Drive Outperformance Amid Order Strength

Teledyne Technologies' analyst fair value estimate has been raised by nearly $8 to approximately $620.82, as analysts cite continued strong sales performance, a resilient defense business, and a robust order backlog as key reasons for the upward revision. Analyst Commentary Following Teledyne Technologies' latest results and updates, analysts have provided a balanced mix of positive and cautionary observations regarding the company’s outlook, valuation, and execution.
PLXS
US$143.92
Plexus
7D
-3.1%
1Y
1.9%
COHR
US$129.34
Coherent
7D
11.2%
1Y
35.0%
INVZ
US$2.02
Innoviz Technologies
7D
-5.6%
1Y
192.8%
FORD
US$16.67
Forward Industries
7D
-23.4%
1Y
364.3%
TEL
US$235.65
TE Connectivity
7D
5.7%
1Y
58.0%

Analysts Lift TE Connectivity Price Target as Valuation Rises Following Investor Day Updates

Analysts have raised their price target for TE Connectivity from $228.81 to $234.18. They cite modest improvements in the company’s growth outlook and profitability metrics as the reason for this adjustment.
FLEX
US$64.28
Flex
7D
3.4%
1Y
82.6%

Analyst Views Mixed as Flex Price Target Rises on Data Center and Market Strength

Flex's analyst price target has been revised upward from $59 to $60.43. Analysts cited stronger-than-expected data center growth and robust end-market demand as key factors behind the increased valuation.
ZEPP
US$41.16
Zepp Health
7D
-20.0%
1Y
1,121.4%
GLW
US$87.41
Corning
7D
3.5%
1Y
89.0%

Optical Communications And Solar Sectors Will Open New Markets

Corning's analyst fair value estimate has been raised from $76.17 to $77.75. Analysts cite improving margins, increased demand for connectivity driven by artificial intelligence, and resilient end markets as justification for the upward revision.
KEYS
US$169.47
Keysight Technologies
7D
4.5%
1Y
8.6%
TRMB
US$81.42
Trimble
7D
5.2%
1Y
33.7%

Cloud And AI Adoption Will Boost Infrastructure Modernization

Trimble's analyst price target has been adjusted slightly lower to $97.70 from $97.75, as analysts note steady software-led business transformation and recurring revenue growth amid persistent macroeconomic headwinds. Analyst Commentary Analysts reviewing Trimble remain broadly optimistic about the company's ongoing transformation and growth prospects.
CXT
US$66.02
Crane NXT
7D
-1.3%
1Y
19.5%

Digital Authentication Transformation Will Reshape Global Security Markets

Crane NXT’s analyst price target has been raised from $73.67 to $75.33. Analysts cite benefits from currency tailwinds, market stabilization, and a recent acquisition as factors supporting their outlook.
AVT
US$51.49
Avnet
7D
-1.1%
1Y
-4.5%
RCAT
US$11.15
Red Cat Holdings
7D
-5.0%
1Y
314.5%
NOVT
US$128.65
Novanta
7D
21.9%
1Y
-25.6%