Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedAug 03, 2026
DataAggregated Company Financials
Companies51
  • 7D-7.2%
  • 3M8.9%
  • 1Y65.4%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has dropped 7.2%, driven by Apple declining 7.2%. This takes the industry's 12 month performance to a gain of 65%. Earnings are forecast to grow by 11% 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
Mon, 03 Aug 2026US$5.2tUS$604.6bUS$145.5b42x36x8.7x
Wed, 01 Jul 2026US$5.1tUS$587.7bUS$138.0b41.5x36.8x8.6x
Fri, 29 May 2026US$5.3tUS$584.4bUS$136.5b45.7x39.2x9.2x
Sun, 26 Apr 2026US$4.5tUS$556.1bUS$122.6b31.5x36.9x8.1x
Tue, 24 Mar 2026US$4.0tUS$556.1bUS$122.6b25.3x33x7.3x
Thu, 19 Feb 2026US$4.3tUS$552.9bUS$121.7b27.7x35.1x7.7x
Sat, 17 Jan 2026US$4.0tUS$514.0bUS$111.8b29.1x36x7.8x
Mon, 15 Dec 2025US$4.3tUS$514.1bUS$111.9b24.3x38.7x8.4x
Wed, 12 Nov 2025US$4.2tUS$512.7bUS$113.1b26.6x37.3x8.2x
Fri, 10 Oct 2025US$4.1tUS$504.4bUS$100.3b30.5x40.4x8x
Sun, 07 Sep 2025US$3.7tUS$504.4bUS$100.3b22.9x37.2x7.4x
Tue, 05 Aug 2025US$3.2tUS$502.4bUS$101.0b18.8x31.2x6.3x
Thu, 03 Jul 2025US$3.2tUS$499.9bUS$98.6b20.3x32.9x6.5x
Sat, 31 May 2025US$3.1tUS$499.8bUS$100.0b16.9x31.1x6.2x
Mon, 28 Apr 2025US$3.3tUS$494.1bUS$101.2b13x32.1x6.6x
Wed, 26 Mar 2025US$3.4tUS$494.0bUS$101.2b16.7x33.9x6.9x
Fri, 21 Feb 2025US$3.8tUS$486.7bUS$100.5b23.6x38.2x7.9x
Sun, 19 Jan 2025US$3.6tUS$473.9bUS$97.2b23.8x37x7.6x
Tue, 17 Dec 2024US$3.9tUS$473.9bUS$97.2b27.6x40x8.2x
Thu, 14 Nov 2024US$3.5tUS$472.6bUS$96.4b22.6x36.3x7.4x
Sat, 12 Oct 2024US$3.6tUS$466.0bUS$106.7b20.1x33.6x7.7x
Mon, 09 Sep 2024US$3.5tUS$466.1bUS$106.6b20.1x32.5x7.4x
Wed, 07 Aug 2024US$3.3tUS$461.9bUS$105.9b24.4x31.2x7.2x
Fri, 05 Jul 2024US$3.6tUS$457.1bUS$103.3b27.2x34.4x7.8x
Sun, 02 Jun 2024US$3.1tUS$456.8bUS$103.3b28.6x30x6.8x
Tue, 30 Apr 2024US$2.8tUS$458.2bUS$103.4b24.5x26.7x6x
Thu, 28 Mar 2024US$2.8tUS$457.8bUS$102.9b26.5x27.5x6.2x
Sat, 24 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.7x6.4x
Mon, 22 Jan 2024US$3.1tUS$454.7bUS$98.6b28.3x31.1x6.7x
Wed, 20 Dec 2023US$3.2tUS$455.3bUS$98.5b28.8x32.1x7x
Fri, 17 Nov 2023US$3.0tUS$456.1bUS$98.1b22.1x31x6.7x
Sun, 15 Oct 2023US$2.9tUS$453.8bUS$95.1b23.6x30.4x6.4x
Tue, 12 Sep 2023US$2.9tUS$453.9bUS$95.1b22.9x30.5x6.4x
Thu, 10 Aug 2023US$2.9tUS$454.0bUS$95.2b31.7x30.2x6.3x
Price to Earnings Ratio

30.2x


Total Market Cap: US$2.9tTotal Earnings: US$95.2bTotal Revenue: US$454.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 33.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Technology Hardware, Storage and Peripherals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 33.9x.
  • The 3-year average PS ratio of 7.3x is lower than the industry's current PS ratio of 8.7x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 10% 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 Market0.85%
Tech0.87%
Tech Hardware-7.21%
Tech Hardware Storage and Peripherals-7.21%
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
WDC Western DigitalUS$544.849.4%
+US$16.2b		604.9%PE29.6x
STX Seagate Technology HoldingsUS$856.134.8%
+US$9.5b		453.0%PE61x
NTAP NetAppUS$178.506.4%
+US$2.2b		76.6%PE27.5x
HPQ HPUS$27.275.9%
+US$1.4b		11.5%PE9.8x
IONQ IonQUS$36.4411.0%
+US$1.3b		-4.4%PE44.1x

Latest News

HPQ
US$27.27
HP
7D
5.9%
1Y
11.5%
AAPL
US$308.91
Apple
7D
-7.2%
1Y
52.6%
STX
US$856.13
Seagate Technology Holdings
7D
4.8%
1Y
453.0%
Seeking Alpha • Aug 01

Seagate: Duopoly Pricing Power Meets AI Storage Demand

Summary Seagate is rated Buy with a $1,000 price target, reflecting durable demand and strong operating leverage in mass-capacity storage for AI-driven data centers. Q4 FY26 delivered record results: revenue up 48% YoY, non-GAAP EPS up 121% YoY, and gross margin at 52.7%, with Q1 FY27 guidance materially above consensus. HAMR technology adoption and long-term nearline exabyte allocation through 2028-2029 underpin STX’s pricing power, margin expansion, and strategic moat over peers. Valuation is stretched after a 390% rally, but risk/reward remains attractive given sequential growth guidance and robust capital returns via buybacks and dividends. Read the full article on Seeking Alpha
VTIX
US$1.57
Virtuix Holdings
7D
-40.5%
1Y
n/a
HPE
US$47.90
Hewlett Packard Enterprise
7D
0.4%
1Y
141.8%
Narrative Update • Jul 31

HPE: AI Data Center Demand And Servers Will Drive Durable Upside

Analysts have raised their price target for Hewlett Packard Enterprise to $65.56 from $64.13, reflecting updated expectations for revenue growth, profit margins and P/E multiples, supported by stronger AI related server and data center commentary across recent research reports. Analyst Commentary Recent Street research on Hewlett Packard Enterprise gives you a mix of strong enthusiasm around AI driven growth and some caution around how durable that growth could be and how much is already reflected in the valuation.
IONQ
US$36.44
IonQ
7D
11.0%
1Y
-4.4%
SNDK
US$1,214.83
Sandisk
7D
-15.4%
1Y
2,839.3%
DBD
US$73.59
Diebold Nixdorf
7D
-17.6%
1Y
36.3%
DELL
US$405.37
Dell Technologies
7D
-7.3%
1Y
218.4%
GPGI
US$13.20
GPGI
7D
-5.8%
1Y
-4.8%
INFQ
US$9.83
Infleqtion
7D
9.6%
1Y
-3.1%
SMCI
US$28.40
Super Micro Computer
7D
-5.6%
1Y
-49.9%
Seeking Alpha • Jul 28

Super Micro: Governance Headwinds Persist - Backlog Conversion Meets FCF/Debt Risks

Summary Super Micro Computer, Inc. proves its structurally robust, AI-driven growth prospects through the outsized, new orders of $60B in the preliminary FQ4 '26 results. Despite this, SMCI faces lumpy top/bottom-line performance from the customers' delayed data center buildouts and capex/FCF risks from the insatiable compute demand. SMCI stock trades at discounted P/E of 10.61x, with it reflecting the governance headwinds across the smuggling case and the financial reporting weakness. Elevated short interest, equity dilution risks, insider selling, and uncertain order conversion timing reinforce the mixed risk/reward prospects entering FQ4'26 earnings call. SMCI remains a Hold here, with it remaining a potential value trap, pending further governance clarity and improved credibility. Read the full article on Seeking Alpha
WDC
US$544.84
Western Digital
7D
9.4%
1Y
604.9%
Narrative Update • Jul 28

WDC: AI Storage Supercycle Expectations Will Eventually Pressure Rich P/E

Western Digital's updated analyst price target moves from $226.76 to $415.00, reflecting analysts' focus on stronger assumed revenue growth, higher profit margins, and a lower future P/E multiple, supported by a broad series of recent target hikes tied to AI driven storage demand and firmer HDD pricing expectations. Analyst Commentary Recent Street research on Western Digital points to a generally constructive stance on AI related storage demand and hard disk drive pricing, but there are also clear pockets of caution that matter for valuation and execution risk.
NTAP
US$178.50
NetApp
7D
6.4%
1Y
76.6%
P
US$77.17
Everpure
7D
3.5%
1Y
41.6%
CAN
US$0.17
Canaan
7D
-28.1%
1Y
-74.2%
Narrative Update • Jul 14

CAN: Tether Immersion Mining And Buybacks Will Support Future Upside

Analysts have reduced their price target on Canaan to $1.69 from $2.05, citing updated assumptions that now factor in a small revenue decline, a higher discount rate, a slightly stronger profit margin, and a higher future P/E multiple. What’s in the News for Canaan Canaan reported unaudited bitcoin mining results for recent months, with 89 Bitcoins mined in March 2026, 90 Bitcoins in April 2026, 90 Bitcoins in May 2026, and 64 BTC in June 2026.