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U.S. Electronic Equipment and Components Industry Analysis

UpdatedNov 06, 2025
DataAggregated Company Financials
Companies180
  • 7D-0.4%
  • 3M17.4%
  • 1Y38.9%
  • YTD45.8%

The Electronic Equipment and Components is pretty flat in the last 7 days, but Keysight Technologies has stood out, gaining 9.0%. The past year has been better, since the industry has gained 39% in that time. 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
Thu, 06 Nov 2025US$651.7bUS$395.3bUS$15.5b25.2x42x1.6x
Sat, 04 Oct 2025US$629.2bUS$388.4bUS$13.7b24x45.9x1.6x
Mon, 01 Sep 2025US$578.3bUS$386.6bUS$13.5b22.8x42.9x1.5x
Wed, 30 Jul 2025US$572.7bUS$382.9bUS$15.1b24.2x37.9x1.5x
Fri, 27 Jun 2025US$525.1bUS$377.8bUS$13.6b24.1x38.7x1.4x
Sun, 25 May 2025US$474.3bUS$375.7bUS$13.4b22.1x35.4x1.3x
Tue, 22 Apr 2025US$392.0bUS$371.4bUS$13.9b19x28.2x1.1x
Thu, 20 Mar 2025US$437.5bUS$371.1bUS$14.7b20.6x29.7x1.2x
Sat, 15 Feb 2025US$476.3bUS$370.8bUS$14.8b23.9x32.2x1.3x
Mon, 13 Jan 2025US$461.5bUS$369.4bUS$15.6b24.8x29.6x1.2x
Wed, 11 Dec 2024US$482.4bUS$369.6bUS$15.6b26.2x30.9x1.3x
Fri, 08 Nov 2024US$483.9bUS$369.8bUS$15.8b24.4x30.6x1.3x
Sun, 06 Oct 2024US$444.5bUS$323.1bUS$15.8b24.1x28.2x1.4x
Tue, 03 Sep 2024US$444.7bUS$324.0bUS$15.9b22.7x27.9x1.4x
Thu, 01 Aug 2024US$436.2bUS$327.3bUS$14.9b23.2x29.3x1.3x
Sat, 29 Jun 2024US$428.2bUS$329.4bUS$15.1b21.6x28.4x1.3x
Mon, 27 May 2024US$440.3bUS$331.3bUS$15.3b21.6x28.9x1.3x
Wed, 24 Apr 2024US$405.1bUS$338.7bUS$15.7b19.5x25.9x1.2x
Fri, 22 Mar 2024US$411.3bUS$339.8bUS$15.7b19.2x26.3x1.2x
Sun, 18 Feb 2024US$406.1bUS$341.3bUS$15.0b19.5x27x1.2x
Tue, 16 Jan 2024US$390.2bUS$350.3bUS$13.7b19.4x28.5x1.1x
Thu, 14 Dec 2023US$384.5bUS$353.4bUS$13.8b19.4x28x1.1x
Sat, 11 Nov 2023US$349.7bUS$353.6bUS$13.9b17.5x25.2x1x
Mon, 09 Oct 2023US$366.3bUS$358.4bUS$14.4b16.7x25.4x1x
Wed, 06 Sep 2023US$385.0bUS$360.3bUS$14.6b16.7x26.4x1.1x
Fri, 04 Aug 2023US$391.7bUS$359.4bUS$15.1b17.5x25.9x1.1x
Sun, 02 Jul 2023US$396.3bUS$361.6bUS$15.1b17x26.3x1.1x
Tue, 30 May 2023US$365.1bUS$362.6bUS$15.1b16.8x24.2x1x
Thu, 27 Apr 2023US$339.2bUS$361.4bUS$16.2b15.4x21x0.9x
Sat, 25 Mar 2023US$358.4bUS$360.1bUS$15.9b16.7x22.6x1x
Mon, 20 Feb 2023US$387.4bUS$360.7bUS$15.9b17.6x24.3x1.1x
Wed, 18 Jan 2023US$375.1bUS$354.7bUS$16.6b16.4x22.6x1.1x
Fri, 16 Dec 2022US$348.4bUS$354.1bUS$16.5b15.8x21.1x1x
Sun, 13 Nov 2022US$384.0bUS$354.3bUS$16.5b15.8x23.3x1.1x
Price to Earnings Ratio

23.3x


Total Market Cap: US$384.0bTotal Earnings: US$16.5bTotal Revenue: US$354.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Components Industry Price to Earnings3Y Average 29.1x202320242025
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 42.0x which is higher than its 3-year average PE of 29.1x.
  • 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 remained mostly flat 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 and as a result, profits have held steady.

Industry Trends

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

US Market-1.58%
Tech-3.74%
Electronic Equipment and Components-0.38%
Electronic Manufacturing Services3.72%
Electronic Equipment and Instruments-0.93%
Electronic Components-1.63%
Technology Distributors-3.79%
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 22.7%, which is higher than its past year's earnings growth of 2.2% per year.
  • Investors are most pessimistic about the Technology Distributors industry, which is trading close to its 3-year average of 15.6x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 19% 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
KEYS Keysight TechnologiesUS$185.859.0%
+US$2.6b		14.8%PE58.7x
TEL TE ConnectivityUS$249.003.4%
+US$2.4b		60.9%PE39.8x
SANM SanminaUS$177.7628.7%
+US$2.1b		111.9%PE38.5x
GLW CorningUS$87.10-3.5%
US$1.7b		80.6%PE54.7x
FN FabrinetUS$486.919.7%
+US$1.5b		97.3%PE49.7x

Latest News

SANM
US$177.76
Sanmina
7D
28.7%
1Y
111.9%

Forecast: Analysts Think Sanmina Corporation's (NASDAQ:SANM) Business Prospects Have Improved Drastically

Nov 06
Forecast: Analysts Think Sanmina Corporation's (NASDAQ:SANM) Business Prospects Have Improved Drastically
KEYS
US$185.85
Keysight Technologies
7D
9.0%
1Y
14.8%
OUST
US$25.87
Ouster
7D
-25.3%
1Y
230.4%
FLEX
US$65.26
Flex
7D
-1.3%
1Y
67.4%

FLEX: Future Demand for AI and Cloud Will Drive Continued Outperformance

The analyst price target for Flex has been raised from $60 to $75 per share. Analysts cite strong quarterly results, increased estimates, and confidence in higher-margin revenue from power, cloud, and AI-related applications as key reasons for the upward revision.
AEIS
US$225.80
Advanced Energy Industries
7D
8.5%
1Y
91.4%
VNT
US$38.13
Vontier
7D
-10.8%
1Y
-4.7%
CDW
US$146.32
CDW
7D
-7.0%
1Y
-27.8%
TEL
US$249.00
TE Connectivity
7D
3.4%
1Y
60.9%
FN
US$486.91
Fabrinet
7D
9.7%
1Y
97.3%
OSIS
US$281.63
OSI Systems
7D
12.9%
1Y
90.0%

OSIS: Future Revenue And Margin Gains Will Rely On Border Security Demand

The analyst consensus price target for OSI Systems has increased by $22.17 to $282.50. Analysts point to robust earnings, an improved outlook for profit margins and revenue growth, and sustained demand from border security initiatives as the key drivers for the revision.
ITRI
US$107.15
Itron
7D
-22.5%
1Y
-12.3%

ITRI: Utility-Scale Clean Energy Momentum Will Drive Long-Term Outperformance

Narrative Update: Itron Price Target Revision Analysts have raised their price target for Itron by $10, from $145 to $155. They cite strong positioning in utility-scale clean energy solutions and favorable exposure to U.S.-based manufacturing and diversified markets.
CGNX
US$40.50
Cognex
7D
-14.6%
1Y
-4.9%
GLW
US$87.10
Corning
7D
-3.5%
1Y
80.6%

GLW: Optical And Solar Demand Will Drive Earnings While Risks Remain

Corning's analyst price target has risen significantly from $77.75 to $92.75, as analysts cite stronger profit margins, improving revenue growth, and optimism about expanding opportunities in key business segments. Analyst Commentary Analyst sentiment around Corning has grown increasingly positive, with several firms raising their price targets and citing both recent execution and promising future growth drivers.
TTMI
US$70.06
TTM Technologies
7D
10.3%
1Y
179.9%
COHR
US$134.63
Coherent
7D
-2.5%
1Y
35.4%
APH
US$138.87
Amphenol
7D
-0.6%
1Y
92.4%