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U.S. Tech Hardware Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies44
  • 7D2.4%
  • 3M11.2%
  • 1Y31.4%
  • YTD37.0%

Over the last 7 days, the Tech Hardware industry has remained flat, although notably Dell Technologies declined by 6.1%. The past year has been better, since the industry has gained 28% in that time. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024US$3.9tUS$473.9bUS$97.2b25.8x40.1x8.2x
Mon, 18 Nov 2024US$3.5tUS$472.5bUS$96.4b22.1x36.4x7.4x
Wed, 16 Oct 2024US$3.7tUS$466.0bUS$106.7b20x34.5x7.9x
Fri, 13 Sep 2024US$3.5tUS$466.0bUS$106.7b21.7x32.8x7.5x
Sun, 11 Aug 2024US$3.4tUS$465.1bUS$106.7b22.8x31.9x7.3x
Tue, 09 Jul 2024US$3.6tUS$457.1bUS$103.3b27.2x35.1x7.9x
Thu, 06 Jun 2024US$3.1tUS$456.9bUS$103.3b28.7x30.3x6.8x
Sat, 04 May 2024US$2.9tUS$456.7bUS$103.3b25.5x28.5x6.5x
Mon, 01 Apr 2024US$2.8tUS$457.8bUS$102.9b24.6x27.3x6.1x
Wed, 28 Feb 2024US$2.9tUS$458.8bUS$102.5b27.9x28.6x6.4x
Fri, 26 Jan 2024US$3.1tUS$454.6bUS$98.4b28.8x31.7x6.9x
Sun, 24 Dec 2023US$3.1tUS$455.3bUS$98.5b26.6x31.6x6.8x
Tue, 21 Nov 2023US$3.0tUS$456.1bUS$98.1b22x31x6.7x
Thu, 19 Oct 2023US$2.8tUS$453.8bUS$95.1b23.6x29.9x6.3x
Sat, 16 Sep 2023US$2.8tUS$453.9bUS$95.1b22.4x29.6x6.2x
Mon, 14 Aug 2023US$2.9tUS$454.0bUS$95.2b25.8x30.2x6.3x
Wed, 12 Jul 2023US$3.1tUS$456.4bUS$95.7b31.4x31.9x6.7x
Fri, 09 Jun 2023US$2.9tUS$456.4bUS$95.7b30.1x30.6x6.4x
Sun, 07 May 2023US$2.8tUS$458.1bUS$96.3b21.4x29.1x6.1x
Tue, 04 Apr 2023US$2.7tUS$460.6bUS$97.1b25.9x27.8x5.9x
Thu, 02 Mar 2023US$2.4tUS$459.9bUS$97.2b24.2x24.4x5.2x
Sat, 28 Jan 2023US$2.4tUS$468.0bUS$102.8b23.5x23.2x5.1x
Mon, 26 Dec 2022US$2.2tUS$467.8bUS$102.0b22.1x21.2x4.6x
Wed, 23 Nov 2022US$2.5tUS$467.0bUS$104.4b17.9x23.6x5.3x
Fri, 21 Oct 2022US$2.4tUS$460.8bUS$105.2b14x22.5x5.1x
Sun, 18 Sep 2022US$2.5tUS$461.4bUS$105.4b15.7x23.6x5.4x
Tue, 16 Aug 2022US$2.8tUS$461.1bUS$105.3b13.5x27x6.2x
Thu, 14 Jul 2022US$2.4tUS$459.6bUS$108.1b14.6x22.4x5.3x
Sat, 11 Jun 2022US$2.3tUS$459.6bUS$108.1b15.5x21.2x5x
Mon, 09 May 2022US$2.6tUS$459.1bUS$108.1b15.4x24.3x5.7x
Wed, 06 Apr 2022US$2.9tUS$450.9bUS$106.9b14.6x27.5x6.5x
Fri, 04 Mar 2022US$2.8tUS$450.6bUS$107.0b14.4x26.1x6.2x
Sun, 30 Jan 2022US$2.9tUS$553.7bUS$112.7b10.4x25.9x5.3x
Tue, 28 Dec 2021US$3.1tUS$552.8bUS$109.2b13x28.7x5.7x
Price to Earnings Ratio

28.7x


Total Market Cap: US$3.1tTotal Earnings: US$109.2bTotal Revenue: US$552.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 28.3x202220232024
Current Industry PE
  • Investors are optimistic on the American Tech industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 39.9x which is higher than its 3-year average PE of 28.3x.
  • The 3-year average PS ratio of 6.2x is lower than the industry's current PS ratio of 8.2x.
Past Earnings Growth
  • The earnings for companies in the Tech industry have declined 3.8% per year over the last three years,
  • Revenues have also declined 5.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

US Market-2.39%
Tech-1.05%
Tech Hardware2.38%
Tech Hardware Storage and Peripherals2.38%
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
AAPL AppleUS$254.492.6%
+US$96.1b		31.5%PE41x
IONQ IonQUS$44.4231.3%
+US$2.3b		225.7%PS256.5x
PSTG Pure StorageUS$64.401.1%
+US$228.4m		79.5%PE161.9x
QMCO QuantumUS$46.00156.0%
+US$135.9m		545.3%PS0.8x
HPE Hewlett Packard EnterpriseUS$21.61-1.0%
US$110.9m		26.4%PE11.1x
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Latest News

DELL

US$115.77

Dell Technologies

7D

-2.3%

1Y

52.9%

Dell Technologies Stock Has A Bigger Upside Now

Dec 20

HPE

US$21.61

Hewlett Packard Enterprise

7D

-1.0%

1Y

26.4%

STX

US$87.31

Seagate Technology Holdings

7D

-8.8%

1Y

2.5%

AAPL

US$254.49

Apple

7D

2.6%

1Y

31.5%

Apple: Insourcing Can Structurally Lift Gross Margins

Dec 19

OSS

US$3.10

One Stop Systems

7D

15.2%

1Y

61.5%

QMCO

US$46.00

Quantum

7D

156.0%

1Y

545.3%

SMCI

US$31.59

Super Micro Computer

7D

-13.3%

1Y

9.0%

Super Micro Computer: Be Greedy When Others Are Fearful

Dec 18

NTAP

US$118.45

NetApp

7D

-2.9%

1Y

32.5%

HPQ

US$32.94

HP

7D

-4.7%

1Y

9.1%

KODK

US$6.85

Eastman Kodak

7D

0.7%

1Y

67.5%

Eastman Kodak (NYSE:KODK) Has No Shortage Of Debt

Dec 17
Eastman Kodak (NYSE:KODK) Has No Shortage Of Debt

IONQ

US$44.42

IonQ

7D

31.3%

1Y

225.7%

PSTG

US$64.40

Pure Storage

7D

1.1%

1Y

79.5%

Flash Forward: Investing In Pure Storage After Its Strategic Hyperscaler Breakthrough

Dec 15

WDC

US$60.24

Western Digital

7D

-7.5%

1Y

14.4%

DBD

US$43.86

Diebold Nixdorf

7D

-9.4%

1Y

51.2%

Diebold Nixdorf (NYSE:DBD) Takes On Some Risk With Its Use Of Debt

Dec 11
Diebold Nixdorf (NYSE:DBD) Takes On Some Risk With Its Use Of Debt

CAN

US$2.32

Canaan

7D

-18.9%

1Y

-26.8%

WLDS

US$1.87

Wearable Devices

7D

16.9%

1Y

-71.2%