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U.S. Tech Hardware Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies50
  • 7D4.4%
  • 3M0.7%
  • 1Y21.0%
  • YTD3.2%

The Tech Hardware industry is up 4.4% in the last week, with Apple up 3.2%. Meanwhile, Everpure actually underperformed within the industry, shrinking 10% in the last week. This means that the industry has gained 21% over the past year. 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
Fri, 27 Feb 2026US$4.4tUS$553.1bUS$122.7b27.6x36.2x8x
Sun, 25 Jan 2026US$3.9tUS$514.0bUS$111.8b31.1x35.1x7.6x
Tue, 23 Dec 2025US$4.2tUS$514.1bUS$111.9b23.4x37.8x8.2x
Thu, 20 Nov 2025US$4.2tUS$512.7bUS$113.1b24.7x36.9x8.1x
Sat, 18 Oct 2025US$3.9tUS$504.4bUS$100.3b27.1x38.8x7.7x
Mon, 15 Sep 2025US$3.7tUS$504.4bUS$100.3b25.5x36.5x7.3x
Wed, 13 Aug 2025US$3.5tUS$502.7bUS$100.7b20.4x35x7x
Fri, 11 Jul 2025US$3.3tUS$500.2bUS$98.6b20.4x33.7x6.6x
Sun, 08 Jun 2025US$3.2tUS$500.2bUS$98.5b18.2x32.2x6.4x
Tue, 06 May 2025US$3.2tUS$498.6bUS$102.2b13.3x31.1x6.4x
Thu, 03 Apr 2025US$3.5tUS$494.0bUS$101.2b14.4x34.1x7x
Sat, 01 Mar 2025US$3.8tUS$492.7bUS$100.5b17.8x37.4x7.6x
Mon, 27 Jan 2025US$3.5tUS$473.9bUS$97.2b24.3x35.9x7.4x
Wed, 25 Dec 2024US$4.0tUS$473.9bUS$97.2b26.6x41.5x8.5x
Fri, 22 Nov 2024US$3.6tUS$472.6bUS$96.4b23.9x37.1x7.6x
Sun, 20 Oct 2024US$3.7tUS$466.0bUS$106.8b19.7x34.7x7.9x
Tue, 17 Sep 2024US$3.5tUS$466.0bUS$106.7b21.4x32.8x7.5x
Thu, 15 Aug 2024US$3.5tUS$465.1bUS$106.7b23.9x32.7x7.5x
Sat, 13 Jul 2024US$3.7tUS$457.1bUS$103.3b27.2x35.4x8x
Mon, 10 Jun 2024US$3.2tUS$457.1bUS$103.2b25.8x30.7x6.9x
Wed, 08 May 2024US$2.9tUS$456.7bUS$103.3b25.7x28.5x6.4x
Fri, 05 Apr 2024US$2.8tUS$457.8bUS$102.9b24.4x26.9x6x
Sun, 03 Mar 2024US$2.9tUS$457.8bUS$102.6b27.5x28.5x6.4x
Tue, 30 Jan 2024US$3.1tUS$454.4bUS$98.6b30.6x31.3x6.8x
Thu, 28 Dec 2023US$3.1tUS$455.3bUS$98.5b26.9x31.5x6.8x
Sat, 25 Nov 2023US$3.0tUS$456.1bUS$98.1b21.8x31x6.7x
Mon, 23 Oct 2023US$2.8tUS$453.8bUS$95.1b20.5x29.3x6.1x
Wed, 20 Sep 2023US$2.9tUS$453.9bUS$95.1b20.5x30.4x6.4x
Fri, 18 Aug 2023US$2.9tUS$454.0bUS$95.2b25.1x30x6.3x
Sun, 16 Jul 2023US$3.1tUS$456.4bUS$95.7b31.8x32.3x6.8x
Tue, 13 Jun 2023US$3.0tUS$456.4bUS$95.7b30.6x31.1x6.5x
Thu, 11 May 2023US$2.8tUS$456.5bUS$95.8b25.1x29.2x6.1x
Sat, 08 Apr 2023US$2.7tUS$460.6bUS$97.1b24x27.6x5.8x
Mon, 06 Mar 2023US$2.5tUS$460.8bUS$97.2b25.1x25.3x5.3x
Price to Earnings Ratio

25.3x


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 36.2x 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 Market0.58%
Tech0.55%
Tech Hardware4.36%
Tech Hardware Storage and Peripherals4.36%
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$272.953.2%
+US$122.9b		12.9%PE34x
SNDK SandiskUS$651.905.0%
+US$4.5b		1,343.5%PS10.8x
IONQ IonQUS$40.8822.3%
+US$3.1b		64.1%PS115.3x
DELL Dell TechnologiesUS$121.452.0%
+US$1.6b		12.6%PE15.4x
HPQ HPUS$18.812.6%
+US$366.9m		-43.2%PE6.9x

Latest News

DELL
US$121.45
Dell Technologies
7D
2.0%
1Y
12.6%
IONQ
US$40.88
IonQ
7D
22.3%
1Y
64.1%
PSTG
US$65.98
Everpure
7D
-10.3%
1Y
24.0%
SNDK
US$651.90
Sandisk
7D
5.0%
1Y
1,343.5%
WDC
US$282.25
Western Digital
7D
-0.9%
1Y
485.6%
HPE
US$20.84
Hewlett Packard Enterprise
7D
-2.6%
1Y
5.0%
HPQ
US$18.81
HP
7D
2.6%
1Y
-43.2%
OSS
US$9.13
One Stop Systems
7D
-13.4%
1Y
189.8%

OSS: Bressner Sale And M&A Plans Will Shape Measured Forward Outlook

Narrative Update on One Stop Systems Analysts nudged their price target on One Stop Systems to $9 from $8.50, citing the $22.4m sale of Bressner Technology at a higher than expected price and the view that proceeds could be redeployed into M&A that they see as more supportive of shareholder value. Analyst Commentary Recent research focuses heavily on the sale of Bressner Technology and how that capital might shape the next phase for One Stop Systems.
XRX
US$1.77
Xerox Holdings
7D
-4.8%
1Y
-74.5%
QUBT
US$9.04
Quantum Computing
7D
10.0%
1Y
46.2%
GPGI
US$23.12
GPGI
7D
2.7%
1Y
49.2%

GPGI: Apple Card Transition To Chase Will Shape Future Margin Profile

Narrative Update on GPGI The analyst price target for GPGI remains at $22.00, with analysts keeping their fair value view steady while modestly adjusting assumptions on discount rate, revenue growth, profit margin and future P/E in light of recent bullish Street commentary on CompoSecure's exposure to the Apple Card transition to JPMorgan Chase. Analyst Commentary Street research around CompoSecure, which sits within GPGI's portfolio exposure, has centered on the potential impact of JPMorgan Chase taking over the Apple Card program.
STX
US$409.67
Seagate Technology Holdings
7D
0.2%
1Y
306.9%
NTAP
US$99.14
NetApp
7D
-2.4%
1Y
-16.1%
INFQ
US$12.89
Infleqtion
7D
-5.8%
1Y
n/a
AAPL
US$272.95
Apple
7D
3.2%
1Y
12.9%

AAPL: Gemini Partnership And AI Roadmap Will Drive Future Upside

Analysts have raised their Apple fair value estimate to $350 from about $283.66, citing Street research that characterizes the recent selloff as unwarranted and highlights a clearer AI roadmap supported by the Google Gemini partnership as well as ongoing checks on demand and margins. Analyst Commentary Recent research points to a generally constructive backdrop around Apple, with many bullish analysts emphasizing AI execution, the Google Gemini partnership, and supportive checks on demand and margins.
KODK
US$7.53
Eastman Kodak
7D
-2.7%
1Y
9.3%