U.S. IT Industry Analysis

Industry Valuation and Performance

Has the U.S. IT Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 03 Jun 2026	US$1.1t	US$259.5b	US$20.1b	20.6x	53.4x	4.1x
Fri, 01 May 2026	US$832.9b	US$261.4b	US$21.7b	20.8x	38.3x	3.2x
Sun, 29 Mar 2026	US$814.8b	US$259.6b	US$21.6b	19.3x	37.8x	3.1x
Tue, 24 Feb 2026	US$882.9b	US$256.7b	US$21.7b	19.7x	40.8x	3.4x
Thu, 22 Jan 2026	US$1.0t	US$252.7b	US$19.8b	27.6x	51x	4x
Sat, 20 Dec 2025	US$1.1t	US$282.7b	US$20.9b	29.8x	52.1x	3.9x
Mon, 17 Nov 2025	US$1.0t	US$281.6b	US$20.8b	26.8x	50.4x	3.7x
Wed, 15 Oct 2025	US$1.1t	US$282.5b	US$20.0b	32.2x	54.1x	3.8x
Fri, 12 Sep 2025	US$995.3b	US$250.9b	US$19.3b	29.4x	51.5x	4x
Sun, 10 Aug 2025	US$958.2b	US$249.4b	US$19.5b	28.8x	49.2x	3.8x
Tue, 08 Jul 2025	US$1.0t	US$241.7b	US$17.4b	29.3x	59.3x	4.3x
Thu, 05 Jun 2025	US$972.0b	US$240.4b	US$17.0b	28.9x	57x	4x
Sat, 03 May 2025	US$839.4b	US$238.4b	US$17.0b	36.3x	49.3x	3.5x
Mon, 31 Mar 2025	US$864.9b	US$242.4b	US$18.4b	35.6x	46.9x	3.6x
Wed, 26 Feb 2025	US$969.7b	US$239.7b	US$18.2b	40.1x	53.4x	4x
Fri, 24 Jan 2025	US$886.4b	US$234.1b	US$16.3b	42.6x	54.3x	3.8x
Sun, 22 Dec 2024	US$880.0b	US$234.7b	US$16.7b	40.9x	52.7x	3.7x
Tue, 19 Nov 2024	US$827.1b	US$232.8b	US$16.3b	42.4x	50.6x	3.6x
Thu, 17 Oct 2024	US$827.4b	US$232.8b	US$17.8b	46.3x	46.5x	3.6x
Sat, 14 Sep 2024	US$767.7b	US$233.3b	US$17.5b	35.5x	43.8x	3.3x
Mon, 12 Aug 2024	US$721.4b	US$232.7b	US$17.5b	28.5x	41.2x	3.1x
Wed, 10 Jul 2024	US$719.3b	US$236.9b	US$17.2b	26.9x	41.9x	3x
Fri, 07 Jun 2024	US$680.3b	US$237.2b	US$17.3b	27.3x	39.4x	2.9x
Sun, 05 May 2024	US$728.7b	US$236.9b	US$16.0b	23.7x	45.4x	3.1x
Tue, 02 Apr 2024	US$783.3b	US$227.7b	US$13.8b	24.4x	56.6x	3.4x
Thu, 29 Feb 2024	US$828.9b	US$227.4b	US$14.2b	21.6x	58.5x	3.6x
Sat, 27 Jan 2024	US$836.7b	US$230.1b	US$13.4b	23.3x	62.6x	3.6x
Mon, 25 Dec 2023	US$791.8b	US$229.5b	US$12.8b	20.8x	61.8x	3.4x
Wed, 22 Nov 2023	US$722.2b	US$228.5b	US$12.7b	21x	56.9x	3.2x
Fri, 20 Oct 2023	US$650.2b	US$227.2b	US$6.5b	19.3x	100.5x	2.9x
Sun, 17 Sep 2023	US$689.0b	US$226.6b	US$6.8b	23.7x	101.5x	3x
Tue, 15 Aug 2023	US$669.0b	US$226.3b	US$6.7b	22.8x	100.1x	3x
Thu, 13 Jul 2023	US$685.2b	US$228.7b	US$6.1b	24.9x	112.5x	3x
Sat, 10 Jun 2023	US$668.6b	US$228.2b	US$5.9b	23.1x	113x	2.9x

Current Industry PE

Investors are pessimistic on the American IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 53.4x which is lower than its 3-year average PE of 57.7x.

The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 4.1x.

Past Earnings Growth

The earnings for companies in the IT industry have grown 50% per year over the last three years.
Revenues for these companies have grown 4.4% 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 Market	1.22%
Tech	6.93%
IT	20.58%
Internet Services and Infrastructure	20.67%
IT Consulting	20.47%
Data Processing Services	0.65%

Industry PE

Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio of 27.7x.

Analysts are expecting annual earnings growth of 13.6%, which is lower than the prior year's growth of 25.8% per year.

Forecasted Growth

Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 31% over the next 5 years.
However this is lower than its past earnings growth rate of 88% per year.

In contrast, the IT Consulting industry is expected to see its earnings grow by 7.7% per year over the next few years.

Top Stock Gainers and Losers

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

Company	Last Price	7D	1Y	Valuation
IBM International Business Machines	US$329.23	31.3% +US$73.8b	24.1%	PE28.8x
SNOW Snowflake	US$261.14	47.0% +US$29.2b	24.9%	PS18x
NET Cloudflare	US$272.66	25.3% +US$19.5b	58.0%	PS41.4x
SHOP Shopify	US$117.01	9.8% +US$13.5b	13.0%	PE114.3x
MDB MongoDB	US$398.46	29.6% +US$7.3b	105.7%	PS12.3x

Snowflake Advances Trusted AI with Snowflake Horizon Catalog Centralizing Governance, Context, and Security Across the Enterprise

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U.S. IT Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Snowflake Advances Trusted AI with Snowflake Horizon Catalog Centralizing Governance, Context, and Security Across the Enterprise

CoreWeave: Valuation Remains Compelling Relative To Growth Prospects

Hitek Global Inc. has filed a Follow-on Equity Offering in the amount of $8 million.

Blockchain Digital Infrastructure, Inc. Announces Appointment of Nicholas Ukachi to Project Manager, Effective June 1, 2026

Twilio: Why The Steep AI Premium Isn't Justified (Rating Downgrade)

Shopify Stock Drops After Record Quarter as Investors React to Slower Growth Outlook

GDDY: AI Agent Standards And Tools Will Support Future Margin Expansion

Cloudflare, Inc., Annual General Meeting, Jun 30, 2026

New minor risk - Share price stability

Okta Stock Gains On Earnings But The Bull Case Is Still Intact

WhiteFiber Secures Up to $100 Million for AI Data Center Launch and Expansion

This news is strategically bullish but financially asymmetric

AIAI Holdings Corporation (NasdaqGM:AIAI) acquired Constellation Network, Inc.

VRSN: 2026 Earnings Guidance Will Test Elevated Market Expectations

High number of new and inexperienced directors

Brand Engagement Network, Inc. announced that it expects to receive $1.000561 million in funding from BEN Capital Fund I LLC