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U.S. Internet Services and Infrastructure Industry Analysis

UpdatedMay 30, 2024
DataAggregated Company Financials
Companies36
  • 7D-3.8%
  • 3M-18.7%
  • 1Y2.6%
  • YTDn/a

Over the last 7 days, the Internet Services and Infrastructure industry has dropped 3.8%, driven by a pullback from Snowflake of 9.3%. Meanwhile, Core Scientific actually outperformed within the industry, gaining 25% in the last week. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

Has the U.S. Internet Services and Infrastructure Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 May 2024US$241.5bUS$33.7b-US$1,639,529,232.1022.1x-147.3x7.2x
Sat, 27 Apr 2024US$251.0bUS$28.6b-US$3,372,699,683.8160.7x-74.4x8.8x
Mon, 25 Mar 2024US$264.9bUS$28.5b-US$2,575,512,297.7930.2x-102.8x9.3x
Wed, 21 Feb 2024US$286.2bUS$28.2b-US$2,795,966,902.3929.8x-102.4x10.2x
Fri, 19 Jan 2024US$278.8bUS$29.0b-US$3,557,244,194.0020.4x-78.4x9.6x
Sun, 17 Dec 2023US$288.4bUS$29.0b-US$3,579,329,026.0020.6x-80.6x9.9x
Tue, 14 Nov 2023US$238.3bUS$28.5b-US$3,753,303,913.0021.2x-63.5x8.4x
Thu, 12 Oct 2023US$231.0bUS$27.7b-US$4,958,214,636.0020.6x-46.6x8.3x
Sat, 09 Sep 2023US$245.3bUS$27.7b-US$4,940,402,464.0020.6x-49.7x8.9x
Mon, 07 Aug 2023US$236.5bUS$27.4b-US$5,263,429,461.0020x-44.9x8.6x
Wed, 05 Jul 2023US$247.1bUS$27.5b-US$5,290,482,102.0018.9x-46.7x9x
Fri, 02 Jun 2023US$229.2bUS$27.4b-US$5,270,053,910.0016.7x-43.5x8.4x
Sun, 30 Apr 2023US$202.4bUS$30.8b-US$7,876,023,481.0024.3x-25.7x6.6x
Tue, 28 Mar 2023US$198.4bUS$31.2b-US$8,404,373,462.0022.8x-23.6x6.4x
Thu, 23 Feb 2023US$200.8bUS$30.6b-US$8,143,216,352.0022.9x-24.7x6.6x
Sat, 21 Jan 2023US$184.5bUS$30.0b-US$8,005,053,880.0027.3x-23x6.2x
Mon, 19 Dec 2022US$175.8bUS$29.9b-US$7,987,385,609.0026.3x-22x5.9x
Wed, 16 Nov 2022US$189.3bUS$30.0b-US$8,953,415,290.0033x-21.1x6.3x
Fri, 14 Oct 2022US$169.4bUS$29.8b-US$7,617,609,430.0022.1x-22.2x5.7x
Sun, 11 Sep 2022US$210.2bUS$29.8b-US$7,609,730,149.0025.2x-27.6x7.1x
Tue, 09 Aug 2022US$237.2bUS$29.3b-US$7,170,971,999.0048.6x-33.1x8.1x
Thu, 07 Jul 2022US$210.0bUS$28.8b-US$4,352,241,375.0048.2x-48.2x7.3x
Sat, 04 Jun 2022US$208.6bUS$28.8b-US$4,326,941,919.0050.8x-48.2x7.2x
Mon, 02 May 2022US$259.5bUS$28.3b-US$955,986,883.0043.6x-271.4x9.2x
Wed, 30 Mar 2022US$367.5bUS$28.1b-US$993,084,618.0055.7x-370.1x13.1x
Fri, 25 Feb 2022US$344.6bUS$26.5b-US$825,068,818.0054.5x-417.7x13x
Sun, 23 Jan 2022US$376.3bUS$25.8bUS$128.1m43.7x2937.2x14.6x
Tue, 21 Dec 2021US$494.1bUS$25.8bUS$121.5m57.3x4067.1x19.2x
Thu, 18 Nov 2021US$621.8bUS$25.5bUS$239.1m60.1x2600x24.4x
Sat, 16 Oct 2021US$550.0bUS$24.0b-US$478,620,365.0063.2x-1149.1x23x
Mon, 13 Sep 2021US$536.7bUS$24.2b-US$581,394,295.4164x-923.1x22.2x
Wed, 11 Aug 2021US$511.7bUS$24.0b-US$492,623,112.4163.2x-1038.7x21.3x
Sun, 06 Jun 2021US$435.4bUS$21.0b-US$878,533,991.1558.2x-495.6x20.7x
Price to Earnings Ratio

-495.6x


Total Market Cap: US$435.4bTotal Earnings: -US$878,533,991.15Total Revenue: US$21.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Internet Services and Infrastructure Industry Price to Earnings3Y Average 383.5x202220232024
Current Industry PE
  • Investors are pessimistic on the American Internet Services and Infrastructure industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 11.2x is higher than the industry's current PS ratio of 7.2x.
Past Earnings Growth
  • The earnings for companies in the Internet Services and Infrastructure industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 17% 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 caused losses to expand.

Industry Comparison

How does U.S. Internet Services and Infrastructure compare with similar industries?

US Market-1.00%
Tech2.15%
IT-4.06%
Internet Services and Infrastructure-3.84%
Data Processing Services-3.95%
IT Consulting-4.18%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CORZ Core ScientificUS$5.2325.4%
+US$188.5m
n/aPS1.7x
NET CloudflareUS$75.200.3%
+US$74.8m
8.7%PS18.4x
BIGC BigCommerce HoldingsUS$8.234.0%
+US$24.7m
3.3%PS2x
TCX TucowsUS$20.948.9%
+US$18.7m
-32.7%PS0.7x
APLD Applied DigitalUS$4.332.1%
+US$12.1m
-48.3%PS4x
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Latest News

NET

US$75.20

Cloudflare

7D

0.3%

1Y

8.7%

SNOW

US$148.19

Snowflake

7D

-9.3%

1Y

-10.4%

APLD

US$4.33

Applied Digital

7D

2.1%

1Y

-48.3%

SHOP

US$58.37

Shopify

7D

-0.6%

1Y

2.1%

DTST

US$7.81

Data Storage

7D

15.2%

1Y

312.1%

GDDY

US$139.36

GoDaddy

7D

0.06%

1Y

89.9%

WIX

US$164.83

Wix.com

7D

-1.4%

1Y

116.3%

AKAM

US$90.84

Akamai Technologies

7D

-4.7%

1Y

-1.4%

BIGC

US$8.23

BigCommerce Holdings

7D

4.0%

1Y

3.3%

CORZ

US$5.23

Core Scientific

7D

25.4%

1Y

n/a

TCX

US$20.94

Tucows

7D

8.9%

1Y

-32.7%