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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies49
  • 7D3.0%
  • 3M10.7%
  • 1Y44.6%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has risen 3.0%, driven by gains from Apple of 2.8%. This means that the industry has gained 45% over the past year. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 Apr 2026US$4.5tUS$556.1bUS$122.6b31.1x36.9x8.1x
Sat, 21 Mar 2026US$4.1tUS$556.1bUS$122.6b25.2x33.3x7.3x
Mon, 16 Feb 2026US$4.2tUS$552.9bUS$121.7b27x34.2x7.5x
Wed, 14 Jan 2026US$4.1tUS$514.0bUS$111.8b28.1x36.5x7.9x
Fri, 12 Dec 2025US$4.3tUS$514.1bUS$111.9b25.6x38.9x8.5x
Sun, 09 Nov 2025US$4.2tUS$512.7bUS$113.1b27.2x37.1x8.2x
Tue, 07 Oct 2025US$4.0tUS$504.4bUS$100.3b28.8x40.3x8x
Thu, 04 Sep 2025US$3.6tUS$502.9bUS$100.5b21.8x35.5x7.1x
Sat, 02 Aug 2025US$3.2tUS$502.4bUS$101.0b18.4x32.1x6.4x
Mon, 30 Jun 2025US$3.1tUS$500.2bUS$98.5b18.2x31.9x6.3x
Wed, 28 May 2025US$3.0tUS$499.7bUS$99.9b17x30.4x6.1x
Fri, 25 Apr 2025US$3.2tUS$494.1bUS$101.2b12.8x31.4x6.4x
Sun, 23 Mar 2025US$3.4tUS$494.0bUS$101.2b16.5x33.5x6.9x
Tue, 18 Feb 2025US$3.8tUS$479.7bUS$100.4b22.1x38x8x
Thu, 16 Jan 2025US$3.6tUS$473.9bUS$97.2b23.7x37.4x7.7x
Sat, 14 Dec 2024US$3.9tUS$473.9bUS$97.2b27.9x39.9x8.2x
Mon, 11 Nov 2024US$3.6tUS$472.6bUS$96.4b23.4x36.8x7.5x
Wed, 09 Oct 2024US$3.6tUS$466.0bUS$106.7b19.2x33.4x7.6x
Fri, 06 Sep 2024US$3.5tUS$466.1bUS$106.6b21.1x32.6x7.5x
Sun, 04 Aug 2024US$3.5tUS$461.9bUS$105.9b24.8x32.8x7.5x
Tue, 02 Jul 2024US$3.4tUS$457.1bUS$103.3b27.2x32.8x7.4x
Thu, 30 May 2024US$3.1tUS$456.7bUS$103.3b28.3x29.7x6.7x
Sat, 27 Apr 2024US$2.8tUS$458.2bUS$103.4b24.1x26.7x6x
Mon, 25 Mar 2024US$2.8tUS$457.8bUS$102.9b26.4x27.3x6.1x
Wed, 21 Feb 2024US$2.9tUS$458.7bUS$102.6b27.8x28.6x6.4x
Fri, 19 Jan 2024US$3.0tUS$454.7bUS$98.6b27.1x30.6x6.6x
Sun, 17 Dec 2023US$3.2tUS$455.3bUS$98.5b27.4x32.2x7x
Tue, 14 Nov 2023US$3.0tUS$456.1bUS$98.2b19x30.2x6.5x
Thu, 12 Oct 2023US$2.9tUS$453.8bUS$95.1b25.5x30.5x6.4x
Sat, 09 Sep 2023US$2.9tUS$453.9bUS$95.1b23.2x30.2x6.3x
Mon, 07 Aug 2023US$2.9tUS$453.5bUS$95.2b31.7x30.9x6.5x
Wed, 05 Jul 2023US$3.1tUS$456.4bUS$95.7b32.1x32.6x6.8x
Fri, 02 Jun 2023US$2.9tUS$456.4bUS$95.7b30x30.5x6.4x
Sun, 30 Apr 2023US$2.8tUS$460.6bUS$97.2b21.7x28.3x6x
Price to Earnings Ratio

28.3x


Total Market Cap: US$2.8tTotal Earnings: US$97.2bTotal Revenue: US$460.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 33.2x202420252026
Current Industry PE
  • Investors are optimistic on the American Technology Hardware, Storage and Peripherals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 36.9x which is higher than its 3-year average PE of 33.2x.
  • The 3-year average PS ratio of 7.1x is lower than the industry's current PS ratio of 8.1x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 8.0% per year over the last three years.
  • Revenues for these companies have grown 6.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Tech Hardware Storage and Peripherals compare with similar industries?

US Market1.31%
Tech4.29%
Tech Hardware2.98%
Tech Hardware Storage and Peripherals2.98%
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$273.172.5%
+US$99.0b		33.5%PE34.1x
DELL Dell TechnologiesUS$214.6521.1%
+US$25.1b		140.7%PE23.5x
STX Seagate Technology HoldingsUS$579.8811.6%
+US$13.5b		642.6%PE65.9x
SNDK SandiskUS$979.079.8%
+US$12.9b		3,124.9%PS16.2x
WDC Western DigitalUS$389.106.6%
+US$8.2b		932.1%PE33.4x

Latest News

AAPL
US$273.17
Apple
7D
2.5%
1Y
33.5%
NTAP
US$111.02
NetApp
7D
10.7%
1Y
30.8%

NetApp: Decent Revenue Growth, Stronger Earnings Growth

Apr 22
DELL
US$214.65
Dell Technologies
7D
21.1%
1Y
140.7%

DELL: Once In A Generation Memory Cycle Will Erode AI Upside Potential

Analysts have adjusted the Dell Technologies price target to $115.93, reflecting updated views on discount rates, revenue growth, profit margin, and a lower future P/E following a series of recent target changes across the Street. Analyst Commentary Street research on Dell Technologies over recent months includes both optimistic and cautious voices, with several firms resetting their price targets as they reassess assumptions for earnings, AI related demand, and memory costs.
SNDK
US$979.07
Sandisk
7D
9.8%
1Y
3,124.9%

Sandisk: A High Beta Play For NAND Memory As AI Demand Surges

Apr 21
QMCO
US$7.18
Quantum
7D
-1.0%
1Y
-31.0%
DBD
US$84.20
Diebold Nixdorf
7D
-0.7%
1Y
97.9%

DBD: Higher P/E Confidence And Risk Reset Will Drive Repricing Potential

Analysts have lifted their price targets on Diebold Nixdorf by $20 to reflect updated views on the company’s risk profile, profitability assumptions and P/E-based valuation. Analyst Commentary Recent research points to a reset in how the market may view Diebold Nixdorf, with higher price targets tied to updated assumptions on risk, profitability and P/E-based valuation.
HPE
US$28.51
Hewlett Packard Enterprise
7D
15.8%
1Y
85.7%

HPE: Memory Cost Inflation Will Cap AI Infrastructure Upside Potential

Hewlett Packard Enterprise's analyst price targets have recently moved within a range of $23 to $32, with some firms raising targets by up to $3 and others trimming them by $2, as analysts weigh stronger demand signals against concerns about memory cost inflation and mixed hardware spending commentary. Analyst Commentary Recent research on Hewlett Packard Enterprise shows a split picture, with some firms lifting price targets while others trim expectations or issue downgrades.
STX
US$579.88
Seagate Technology Holdings
7D
11.6%
1Y
642.6%

STX: Elevated AI Storage Optimism Will Test 2026 HDD Cycle Assumptions

Narrative Update on Seagate Technology Holdings The analyst price target for Seagate Technology Holdings has been raised by $582. Analysts attribute this to updated assumptions that include slightly lower discount rates, marginally higher revenue growth and profit margins, and a modestly reduced future P/E multiple.
IONQ
US$47.36
IonQ
7D
9.5%
1Y
76.7%
INFQ
US$14.85
Infleqtion
7D
-1.0%
1Y
n/a

Quantum Sensing And Secure Timing Will Reshape Long Term Defense And Critical Infrastructure

Catalysts About Infleqtion Infleqtion develops neutral atom based quantum computing, sensing and timing systems for defense, space and commercial applications. What are the underlying business or industry changes driving this perspective?
WDC
US$389.10
Western Digital
7D
6.6%
1Y
932.1%

WDC: AI Storage Optimism And Rich P/E Will Drive Future Downside Risk

Western Digital's updated fair value estimate has shifted from $170 to about $227 per share, reflecting analysts' higher assessed revenue growth potential, a slightly adjusted margin outlook, and a richer future P/E assumption following a broad wave of Street price target increases. Analyst Commentary Recent Street research on Western Digital has been dominated by higher price targets and rating upgrades, including moves from large firms such as JPMorgan, Goldman Sachs, BofA, Citi and Wells Fargo.
GPGI
US$16.20
GPGI
7D
-1.6%
1Y
49.7%

GPGI: Future Upside Will Depend On Premium Card Issuer Partnerships

Analysts now see GPGI’s fair value edging to about $24.33 from roughly $24.20. The updated price target reflects a higher assumed discount rate, a very large adjustment to projected revenue growth, a lower profit margin outlook, and a higher future P/E, informed in part by recent commentary that JPMorgan Chase taking over the Apple Card program could be a positive readthrough for key suppliers like CompoSecure.
BOXL
US$1.16
Boxlight
7D
-4.9%
1Y
-87.3%
WLDS
US$1.11
Wearable Devices
7D
-34.3%
1Y
-81.4%
VTIX
US$5.26
Virtuix Holdings
7D
-18.2%
1Y
n/a