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U.S. Tech Hardware Industry Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies50
  • 7D-0.3%
  • 3M-2.2%
  • 1Y15.4%
  • YTD0.04%

The Tech Hardware is pretty flat in the last 7 days, but Dell Technologies has stood out, gaining 21%. As for the the longer term, the industry is up 15% over the past 12 months. As for the next few years, earnings are expected to grow by 9.6% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Mar 2026US$4.3tUS$553.2bUS$122.7b26.9x34.9x7.7x
Tue, 27 Jan 2026US$3.9tUS$514.0bUS$111.8b31.7x35.1x7.6x
Thu, 25 Dec 2025US$4.3tUS$514.1bUS$111.9b23.3x38.2x8.3x
Sat, 22 Nov 2025US$4.1tUS$512.7bUS$113.1b24x36.5x8.1x
Mon, 20 Oct 2025US$4.0tUS$504.4bUS$100.3b27.1x39.5x7.8x
Wed, 17 Sep 2025US$3.7tUS$504.4bUS$100.3b25.4x36.9x7.3x
Fri, 15 Aug 2025US$3.6tUS$502.7bUS$100.7b20.4x35.9x7.2x
Sun, 13 Jul 2025US$3.3tUS$500.2bUS$98.6b19.8x33.5x6.6x
Tue, 10 Jun 2025US$3.2tUS$500.2bUS$98.5b17.7x32.2x6.4x
Thu, 08 May 2025US$3.1tUS$499.4bUS$101.9b13.1x30.1x6.2x
Sat, 05 Apr 2025US$3.1tUS$494.0bUS$101.2b12.3x31.1x6.4x
Mon, 03 Mar 2025US$3.8tUS$492.7bUS$100.5b17.8x37.4x7.6x
Wed, 29 Jan 2025US$3.6tUS$473.7bUS$97.2b22.4x36.9x7.6x
Fri, 27 Dec 2024US$4.0tUS$473.9bUS$97.2b25.7x41.5x8.5x
Sun, 24 Nov 2024US$3.6tUS$472.7bUS$96.5b21.8x37.3x7.6x
Tue, 22 Oct 2024US$3.7tUS$466.0bUS$106.8b19.9x34.7x7.9x
Thu, 19 Sep 2024US$3.4tUS$466.0bUS$106.7b18.6x32x7.3x
Sat, 17 Aug 2024US$3.6tUS$465.1bUS$106.8b24.1x33.3x7.6x
Mon, 15 Jul 2024US$3.7tUS$457.1bUS$103.3b27.2x35.8x8.1x
Wed, 12 Jun 2024US$3.1tUS$457.1bUS$103.2b26.2x30.2x6.8x
Fri, 10 May 2024US$2.9tUS$456.8bUS$103.2b28.2x28.5x6.4x
Sun, 07 Apr 2024US$2.8tUS$457.8bUS$102.9b24.5x27x6.1x
Tue, 05 Mar 2024US$2.9tUS$457.8bUS$102.6b26.8x27.9x6.2x
Thu, 01 Feb 2024US$3.0tUS$456.3bUS$98.7b29.4x30.6x6.6x
Sat, 30 Dec 2023US$3.1tUS$455.3bUS$98.5b26.2x31.6x6.8x
Mon, 27 Nov 2023US$3.0tUS$456.1bUS$98.1b21.8x31x6.7x
Wed, 25 Oct 2023US$2.8tUS$453.8bUS$95.1b21.1x29.3x6.1x
Fri, 22 Sep 2023US$2.8tUS$453.9bUS$95.1b20.2x29.5x6.2x
Sun, 20 Aug 2023US$2.8tUS$454.0bUS$95.2b25.1x29.6x6.2x
Tue, 18 Jul 2023US$3.1tUS$456.4bUS$95.7b32.3x32.3x6.8x
Thu, 15 Jun 2023US$3.0tUS$456.4bUS$95.7b30.7x31.2x6.5x
Sat, 13 May 2023US$2.8tUS$456.5bUS$95.7b24.9x29.1x6.1x
Mon, 10 Apr 2023US$2.7tUS$460.6bUS$97.1b24x27.6x5.8x
Wed, 08 Mar 2023US$2.5tUS$460.8bUS$97.2b25.2x25.4x5.4x
Price to Earnings Ratio

25.4x


Total Market Cap: US$2.5tTotal Earnings: US$97.2bTotal Revenue: US$460.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 32.8x202420252026
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 36.0x which is higher than its 3-year average PE of 32.8x.
  • The 3-year average PS ratio of 7.0x is lower than the industry's current PS ratio of 8.0x.
Past Earnings Growth
  • The earnings for companies in the Tech industry have grown 8.1% per year over the last three years.
  • Revenues for these companies have grown 6.3% 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-0.57%
Tech-2.05%
Tech Hardware-0.29%
Tech Hardware Storage and Peripherals-0.29%
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
DELL Dell TechnologiesUS$148.0821.1%
+US$17.1b		44.1%PE16.5x
IONQ IonQUS$38.3720.3%
+US$2.8b		56.2%PS108.2x
HPQ HPUS$18.992.2%
+US$302.0m		-38.5%PE6.9x
HPE Hewlett Packard EnterpriseUS$21.470.5%
+US$132.9m		8.4%PS0.8x
QUBT Quantum ComputingUS$8.416.5%
+US$114.3m		38.7%PS3452.2x

Latest News

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NetApp
7D
-3.4%
1Y
-0.8%
SNDK
US$635.36
Sandisk
7D
-2.2%
1Y
1,256.2%
DELL
US$148.08
Dell Technologies
7D
21.1%
1Y
44.1%

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Turtle Beach
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5.5%
1Y
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IONQ
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IonQ
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20.3%
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56.2%
PSTG
US$64.22
Everpure
7D
-13.1%
1Y
22.4%
WDC
US$279.70
Western Digital
7D
-2.0%
1Y
471.6%
HPE
US$21.47
Hewlett Packard Enterprise
7D
0.5%
1Y
8.4%
HPQ
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HP
7D
2.2%
1Y
-38.5%
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7D
8.5%
1Y
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QUBT
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7D
6.5%
1Y
38.7%
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GPGI
7D
-1.8%
1Y
68.3%

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Seagate Technology Holdings
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1Y
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VTIX
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Virtuix Holdings
7D
15.1%
1Y
n/a
INFQ
US$11.64
Infleqtion
7D
-12.4%
1Y
n/a
AAPL
US$264.18
Apple
7D
-0.2%
1Y
9.2%

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