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

U.S. Internet Services and Infrastructure Industry Analysis

UpdatedJan 02, 2026
DataAggregated Company Financials
Companies44
  • 7D-12.4%
  • 3M-6.4%
  • 1Y45.1%
  • YTDn/a

Over the last 7 days, the Internet Services and Infrastructure industry has dropped 3.9%, driven by Shopify declining 5.0%. Over the past 12 months, the industry was up 50%. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 02 Jan 2026US$497.4bUS$41.5b-US$264,901,186.1764.8x-1877.8x12x
Sun, 30 Nov 2025US$497.1bUS$41.0b-US$322,597,215.6462.1x-1540.9x12.1x
Tue, 28 Oct 2025US$573.4bUS$43.7bUS$431.1m94.4x1330.1x13.1x
Thu, 25 Sep 2025US$531.4bUS$43.7bUS$474.7m94.3x1119.5x12.2x
Sat, 23 Aug 2025US$455.7bUS$43.4bUS$350.3m114x1301x10.5x
Mon, 21 Jul 2025US$451.6bUS$36.5b-US$1,336,641,772.15123.7x-337.9x12.4x
Wed, 18 Jun 2025US$428.3bUS$36.5b-US$1,336,865,204.1691.2x-320.4x11.7x
Fri, 16 May 2025US$371.0bUS$35.9b-US$1,510,081,879.5168.2x-245.7x10.3x
Sun, 13 Apr 2025US$305.8bUS$38.9b-US$6,704,466.9856.2x-45616.7x7.9x
Tue, 11 Mar 2025US$333.5bUS$37.4bUS$3.3m72.4x100198.6x8.9x
Thu, 06 Feb 2025US$354.8bUS$31.5b-US$1,889,644,511.41113.7x-187.8x11.3x
Sat, 04 Jan 2025US$306.1bUS$31.7b-US$1,753,914,709.57102.1x-174.5x9.7x
Mon, 02 Dec 2024US$320.7bUS$32.0b-US$1,564,503,155.1077.2x-205x10x
Wed, 30 Oct 2024US$242.3bUS$30.6b-US$1,654,330,408.2767.7x-146.5x7.9x
Fri, 27 Sep 2024US$236.6bUS$30.7b-US$1,682,313,749.4360.7x-140.6x7.7x
Sun, 25 Aug 2024US$233.0bUS$30.4b-US$1,769,695,757.8136.6x-131.6x7.7x
Tue, 23 Jul 2024US$237.9bUS$33.9b-US$1,615,742,345.6023.1x-147.3x7x
Thu, 20 Jun 2024US$231.2bUS$33.9b-US$1,621,817,788.7521.5x-142.5x6.8x
Sat, 18 May 2024US$250.5bUS$33.5b-US$1,604,741,485.3723.2x-156.1x7.5x
Mon, 15 Apr 2024US$250.2bUS$28.6b-US$3,374,184,616.5564.4x-74.2x8.8x
Wed, 13 Mar 2024US$262.7bUS$28.6b-US$2,610,332,011.9730.4x-100.6x9.2x
Fri, 09 Feb 2024US$295.4bUS$27.6b-US$4,016,853,898.5418.6x-73.5x10.7x
Sun, 07 Jan 2024US$272.4bUS$29.0b-US$3,577,791,173.0020.4x-76.1x9.4x
Tue, 05 Dec 2023US$275.0bUS$28.9b-US$3,634,867,118.0020.4x-75.7x9.5x
Thu, 02 Nov 2023US$205.9bUS$27.7b-US$4,957,004,892.0021.6x-41.5x7.4x
Sat, 30 Sep 2023US$222.0bUS$27.7b-US$4,958,189,961.0020.5x-44.8x8x
Mon, 28 Aug 2023US$224.3bUS$27.4b-US$5,127,921,403.0020.8x-43.7x8.2x
Wed, 26 Jul 2023US$249.8bUS$27.5b-US$5,296,712,409.0019.8x-47.2x9.1x
Fri, 23 Jun 2023US$240.3bUS$27.5b-US$5,240,617,354.0018.9x-45.9x8.8x
Sun, 21 May 2023US$226.4bUS$27.3b-US$5,314,236,712.0017.6x-42.6x8.3x
Tue, 18 Apr 2023US$210.8bUS$31.1b-US$8,345,658,313.0024.8x-25.3x6.8x
Thu, 16 Mar 2023US$196.1bUS$31.0b-US$8,276,080,309.0021.5x-23.7x6.3x
Sat, 11 Feb 2023US$206.0bUS$30.1b-US$7,971,047,306.0026.5x-25.8x6.9x
Mon, 09 Jan 2023US$168.1bUS$30.0b-US$7,999,832,363.0026.6x-21x5.6x
Price to Earnings Ratio

-21x


Total Market Cap: US$168.1bTotal Earnings: -US$7,999,832,363.00Total Revenue: US$30.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Internet Services and Infrastructure Industry Price to Earnings3Y Average -1685.3x202420252026
Current Industry PE
  • Investors are optimistic on the American Internet Services and Infrastructure industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 9.1x is lower than the industry's current PS ratio of 12.1x.
Past Earnings Growth
  • The earnings for companies in the Internet Services and Infrastructure industry have improved over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Comparison

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

US Market-1.43%
Tech-1.88%
IT-6.96%
Internet Services and Infrastructure-12.43%
IT Consulting-1.64%
Data Processing Services-1.91%
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
TWLO TwilioUS$142.241.3%
+US$269.9m		25.8%PE320.8x
APLD Applied DigitalUS$24.522.0%
+US$134.2m		169.2%PS40.3x
VTEX VTEXUS$3.761.3%
+US$8.9m		-35.2%PE50.9x
TCX TucowsUS$22.420.3%
+US$666.2k		36.2%PS0.6x
DTST Data StorageUS$5.121.0%
+US$374.9k		4.9%PE31.7x

Latest News

SNOW
US$219.36
Snowflake
7D
-2.0%
1Y
35.2%
TWLO
US$142.24
Twilio
7D
1.3%
1Y
25.8%
OKTA
US$86.47
Okta
7D
-2.4%
1Y
7.1%
CXDO
US$6.47
Crexendo
7D
0.2%
1Y
12.3%

Crexendo: The Use Of AI And International Expansion To Drive Growth

Dec 23
APLD
US$24.52
Applied Digital
7D
2.0%
1Y
169.2%

APLD: Long-Term Hyperscale Power Access Will Drive Future AI Leasing Demand

Analysts have lifted their average price target on Applied Digital to about $40 from roughly $23, citing the validation of its hyperscale data center strategy through the $11B CoreWeave contract, stronger than expected Q1 results, and a growing multi-gigawatt AI infrastructure pipeline supported by robust financing. Analyst Commentary Bullish analysts emphasize that Applied Digital is emerging as a key beneficiary of the accelerating shift toward AI infrastructure, with recent sector transactions underscoring the strategic value of power access and scalable data center capacity.
VTEX
US$3.76
VTEX
7D
1.3%
1Y
-35.2%

VTEX: Cost Discipline And Free Cash Flow Progress Will Drive Upside Potential

Analysts have trimmed their price target on VTEX to approximately $5.00 per share from around $6.00, citing slower expected revenue growth along with improved margin and free cash flow prospects that they believe still support a favorable risk reward profile. Analyst Commentary Recent Street research highlights a more mixed backdrop for VTEX, as investors weigh improved profitability against slowing top line expectations.
VRSN
US$242.95
VeriSign
7D
-1.4%
1Y
18.2%

VRSN: Strong Q3 Execution Will Support Confidence Amid Parked Domain Advertising Headwinds

Analysts have modestly reduced their price target on VeriSign, trimming expectations by about $15 to reflect updated modeling around AdSense exposure. They continue to view recent Q3 results and management commentary as supportive of a constructive long term outlook.
MDB
US$419.69
MongoDB
7D
-3.7%
1Y
70.3%

MongoDB, Inc.'s (NASDAQ:MDB) 26% Share Price Surge Not Quite Adding Up

Dec 19
MongoDB, Inc.'s (NASDAQ:MDB) 26% Share Price Surge Not Quite Adding Up
GDDY
US$124.08
GoDaddy
7D
-2.4%
1Y
-38.1%
SHOP
US$160.97
Shopify
7D
-5.0%
1Y
49.7%

SHOP: AI Partnerships And Margin Expansion Will Drive Measured Upside Into 2025

Analysts have nudged our Shopify price target higher to approximately $175, up modestly from about $170. This reflects slightly faster expected profit margin expansion and durable post Q3 growth momentum that they believe supports the stock's premium valuation.
TCX
US$22.42
Tucows
7D
0.3%
1Y
36.2%

The Market Doesn't Like What It Sees From Tucows Inc.'s (NASDAQ:TCX) Revenues Yet

Dec 16
The Market Doesn't Like What It Sees From Tucows Inc.'s (NASDAQ:TCX) Revenues Yet
NET
US$197.15
Cloudflare
7D
-2.6%
1Y
71.8%

NET: Elevated Expectations Will Likely Amplify Downside Risk From Future Outages

The analyst price target for Cloudflare has been raised from approximately $116 to about $135 per share, as analysts point to accelerating revenue growth, strong Q3 execution, and Cloudflare's strengthening position across AI, security, and SASE as key drivers supporting a higher fair value, despite modestly higher risk assumptions. Analyst Commentary Street research following Cloudflare's latest quarterly report has skewed positive, with multiple firms lifting price targets on the back of accelerating revenue growth and stronger than expected execution.
CRWV
US$71.61
CoreWeave
7D
-6.3%
1Y
n/a
DTST
US$5.12
Data Storage
7D
1.0%
1Y
4.9%