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

U.S. Electronic Equipment and Components Industry Analysis

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies182
  • 7D3.6%
  • 3M35.2%
  • 1Y101.0%
  • YTD47.6%

In the last week, the Electronic Equipment and Components industry is up 3.6%, with Corning leading the way, up 8.8%. In the last 12 months, the industry was up 101%. As for the next few years, earnings are expected to grow by 27% 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
Sun, 21 Jun 2026US$976.9bUS$428.9bUS$17.4b32.9x56.3x2.3x
Tue, 19 May 2026US$885.8bUS$426.4bUS$17.2b30.7x51.5x2.1x
Thu, 16 Apr 2026US$853.0bUS$411.1bUS$15.5b32.4x55.2x2.1x
Sat, 14 Mar 2026US$712.2bUS$406.8bUS$15.3b28.6x46.4x1.8x
Mon, 09 Feb 2026US$720.0bUS$404.3bUS$15.6b27.4x46x1.8x
Wed, 07 Jan 2026US$654.4bUS$393.7bUS$16.0b25.7x41x1.7x
Fri, 05 Dec 2025US$661.0bUS$396.0bUS$16.3b24.9x40.5x1.7x
Sun, 02 Nov 2025US$668.3bUS$393.9bUS$15.3b24.3x43.7x1.7x
Tue, 30 Sep 2025US$622.2bUS$388.8bUS$13.6b23.8x45.6x1.6x
Thu, 28 Aug 2025US$582.2bUS$386.6bUS$13.5b23.6x43.1x1.5x
Sat, 26 Jul 2025US$562.7bUS$382.4bUS$14.7b23.8x38.2x1.5x
Mon, 23 Jun 2025US$501.5bUS$376.8bUS$13.5b23.7x37.1x1.3x
Wed, 21 May 2025US$483.6bUS$375.5bUS$13.3b22.5x36.3x1.3x
Fri, 18 Apr 2025US$388.6bUS$371.4bUS$13.9b19.4x27.9x1x
Sun, 16 Mar 2025US$427.3bUS$371.1bUS$14.7b20.4x29x1.2x
Tue, 11 Feb 2025US$478.0bUS$370.7bUS$14.6b23.8x32.7x1.3x
Thu, 09 Jan 2025US$470.7bUS$368.1bUS$15.5b25.8x30.3x1.3x
Sat, 07 Dec 2024US$483.4bUS$369.6bUS$15.6b26.3x31x1.3x
Mon, 04 Nov 2024US$456.2bUS$369.8bUS$15.9b22.4x28.7x1.2x
Wed, 02 Oct 2024US$450.5bUS$323.1bUS$15.8b23.7x28.5x1.4x
Fri, 30 Aug 2024US$440.7bUS$324.0bUS$15.9b22.7x27.6x1.4x
Sun, 28 Jul 2024US$441.7bUS$328.2bUS$15.1b22.6x29.3x1.3x
Tue, 25 Jun 2024US$438.1bUS$329.5bUS$15.1b20.7x29x1.3x
Thu, 23 May 2024US$437.8bUS$331.2bUS$15.3b21.4x28.7x1.3x
Sat, 20 Apr 2024US$396.7bUS$338.7bUS$15.7b19x25.3x1.2x
Mon, 18 Mar 2024US$405.2bUS$339.9bUS$15.6b18.9x25.9x1.2x
Wed, 14 Feb 2024US$395.1bUS$342.2bUS$15.1b18.9x26.2x1.2x
Fri, 12 Jan 2024US$391.9bUS$350.3bUS$13.7b19.7x28.6x1.1x
Sun, 10 Dec 2023US$378.3bUS$353.4bUS$13.8b18.6x27.5x1.1x
Tue, 07 Nov 2023US$356.8bUS$353.1bUS$13.7b15.8x26x1x
Thu, 05 Oct 2023US$367.7bUS$358.4bUS$14.4b16.1x25.5x1x
Sat, 02 Sep 2023US$391.8bUS$360.3bUS$14.6b16.9x26.8x1.1x
Mon, 31 Jul 2023US$394.4bUS$361.1bUS$14.8b17.3x26.7x1.1x
Wed, 28 Jun 2023US$385.0bUS$361.6bUS$15.1b16.9x25.5x1.1x
Price to Earnings Ratio

25.5x


Total Market Cap: US$385.0bTotal Earnings: US$15.1bTotal Revenue: US$361.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 34.1x202420252026
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 56.3x which is higher than its 3-year average PE of 34.1x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 4.8% per year over the last three years.
  • Revenues for these companies have grown 5.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

US Market1.39%
Tech3.28%
Electronic Equipment and Components3.56%
Electronic Components6.27%
Electronic Equipment and Instruments2.56%
Electronic Manufacturing Services0.31%
Technology Distributors-0.47%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 55.7x.
    • Analysts are expecting annual earnings growth of 24.9%, which is higher than its past year's earnings growth of 8.1% 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 16.6x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 18% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 19% 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
GLW CorningUS$194.928.8%
+US$13.5b		286.6%PE92.7x
APH AmphenolUS$163.966.6%
+US$12.5b		74.8%PE45.2x
TTMI TTM TechnologiesUS$216.4411.5%
+US$2.3b		489.9%PE115.1x
KEYS Keysight TechnologiesUS$363.673.7%
+US$2.2b		128.2%PE57.9x
TEL TE ConnectivityUS$217.643.5%
+US$2.1b		33.4%PE21.8x

Latest News

KEYS
US$363.67
Keysight Technologies
7D
3.7%
1Y
128.2%
Analysis Article • Jun 20

Keysight Technologies (KEYS) Stock Could Be 5.1% Undervalued After Q2 Earnings Beat

Keysight Technologies (KEYS) drew fresh investor attention after reporting Q2 fiscal 2026 results that beat earnings estimates, while revenue came in slightly below expectations amid demand in several end markets. See our latest analysis for Keysight Technologies. Keysight Technologies' recent Q2 release appears to have reinforced an already strong run, with a 30 day share price return of 7.74% and a 90 day share price return of 31.04% contributing to a 1 year total shareholder return of...
JBL
US$371.88
Jabil
7D
-3.4%
1Y
80.3%
APH
US$163.96
Amphenol
7D
6.6%
1Y
74.8%
Analysis Article • Jun 19

Amphenol (APH) Stock Could Be 8.1% Undervalued After AI Demand Lifts Guidance

Amphenol (APH) is back in focus after management issued double digit sequential revenue guidance tied to AI driven IT datacom demand, alongside record orders and fresh attention from leveraged ETF launches and research houses. See our latest analysis for Amphenol. Amphenol’s recent guidance and AI focused orders sit alongside a powerful price move, with a 30 day share price return of 37.55% and a 1 year total shareholder return of 76.34%, pointing to strong momentum building on a multi year...
FLEX
US$147.61
Flex
7D
-1.4%
1Y
220.7%
Analysis Article • Jun 19

Flex (FLEX) Stock Could Be 8% Undervalued After S&P 500 Inclusion

Flex (FLEX) is set to join the S&P 500 Index before trading opens on June 22, 2026. This inclusion often draws attention from index tracking funds and broadens the investor base. See our latest analysis for Flex. Flex’s recent S&P 500 inclusion comes after a strong run, with a 90 day share price return of 139.47% and a 1 year total shareholder return of 219.64%. This suggests momentum has been building rather than fading. If this kind of index driven move has your attention, it may be worth...
GLW
US$194.92
Corning
7D
8.8%
1Y
286.6%
VSH
US$64.90
Vishay Intertechnology
7D
9.3%
1Y
325.9%
Analysis Article • Jun 19

Vishay Intertechnology (VSH) Stock Might Be 90.9% Overvalued After Its Sharp Run

Vishay Intertechnology (VSH) drew investor attention after a recent sharp move in its share price, prompting closer scrutiny of how the company’s semiconductor and passive component businesses align with its current valuation. See our latest analysis for Vishay Intertechnology. The latest share price of $64.90 comes after a sharp run, with a 30 day share price return of 75.22% and a year to date share price return of 324.46%. The 1 year total shareholder return of 329.02% and 5 year total...
COHR
US$389.57
Coherent
7D
1.2%
1Y
379.8%
Narrative Update • Jun 19

COHR: AI Optics Demand And Nvidia Partnership Will Drive Balanced Future Returns

Coherent's analyst price target edges higher to about $384 from roughly $381, as analysts factor in updated AI data center demand expectations, peer multiple comparisons, and a still constructive view on optical demand despite recent sector selloffs. Analyst Commentary Recent research on Coherent centers on how the stock is pricing in AI data center demand, optical cycle timing, and relative valuation versus other communications equipment suppliers.
AEIS
US$372.59
Advanced Energy Industries
7D
5.1%
1Y
189.7%
Seeking Alpha • Jun 18

Advanced Energy Industries: An Overlooked Winner In AI Infrastructure

Summary Advanced Energy Industries, Inc. delivered 26.3% Q1 top-line growth, driven by surging data center computing demand and robust AI infrastructure investments. Margins should benefit from a richer product mix and operational improvements. Despite the recent stock rally, AEIS's present valuation is justified by its transition to higher-margin AI infrastructure and sustained double-digit growth outlook. I maintain a buy rating on AEIS, citing strong demand, margin expansion, and compelling long-term positioning in AI and semiconductor markets. Read the full article on Seeking Alpha
CDW
US$128.37
CDW
7D
-2.9%
1Y
-24.8%
Narrative Update • Jun 18

CDW: AI Demand And Buybacks Will Support Future Stock Upside

CDW's analyst price target has been revised from about $195 to around $189, as analysts factor in slightly lower assumed revenue growth and a higher discount rate. This is partly offset by expectations for steadier profit margins and a somewhat lower future P/E multiple.
TTMI
US$216.44
TTM Technologies
7D
11.5%
1Y
489.9%
FN
US$573.76
Fabrinet
7D
-6.1%
1Y
115.5%
Narrative Update • Jun 15

FN: Record Q3 Results And Co-Packaged Optics Position Will Drive Future Upside

Analysts have kept their $850.00 price target for Fabrinet unchanged, citing only modest tweaks to assumptions around discount rate, revenue growth, profit margin, and future P/E that do not materially alter their valuation view. What's in the News Fabrinet reported record fiscal Q3 2026 results, with revenue rising 39.3% year over year and telecom revenue reaching a record US$628.3 million, driven largely by Optical Communications (Source: Fabrinet Posts Strong Q3 Results Amid Profit-Taking and Valuation Concerns).
SANM
US$241.49
Sanmina
7D
-5.4%
1Y
168.8%
Narrative Update • Jun 15

SANM: Higher Peer P E Multiples Will Ultimately Expose Revenue Execution Risk

Analysts have raised their Sanmina fair value estimate from $212.25 to $223.75. This revision reflects the use of a higher P/E multiple that is closer to peers and is supported by increased confidence in the company’s revenue growth outlook cited in recent research updates.
LASR
US$64.73
nLIGHT
7D
-7.1%
1Y
272.0%
Narrative Update • Jun 15

LASR: Directed Energy Defense Expansion And Italy Buildout Will Drive Future Returns

Narrative Update Analysts have lifted the implied fair value for nLIGHT from $92.63 to $100.00, citing recent price target increases across the Street and renewed focus on the company’s directed energy offerings. Analyst Commentary Recent research updates highlight a cluster of bullish analysts moving price targets higher for nLIGHT, often after direct conversations with management and closer review of the directed energy business.
TDY
US$619.58
Teledyne Technologies
7D
-1.0%
1Y
27.3%
TEL
US$217.64
TE Connectivity
7D
3.5%
1Y
33.4%
Narrative Update • Jun 13

TEL: AI Connectivity And Buybacks Will Drive Multi Year Upside

Analysts have nudged their price target on TE Connectivity slightly higher to $263.47 from $263.32, reflecting updated views on fair value, discount rate assumptions, profit margins and future P/E multiples. What's in the News TE Connectivity shares recently moved higher, with investors focusing on the company’s role in high speed connectivity for AI and data center infrastructure, according to recent news reports.
INGM
US$28.30
Ingram Micro Holding
7D
-4.9%
1Y
48.6%