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

U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies49
  • 7D-1.1%
  • 3M-4.8%
  • 1Y19.6%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has remained flat, although notably Dell Technologies gained 16%. The past year has been better, since the industry has gained 21% in that time. Earnings are forecast to grow by 9.7% 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
Wed, 25 Mar 2026US$4.1tUS$556.1bUS$122.6b25.9x33.4x7.4x
Fri, 20 Feb 2026US$4.3tUS$552.9bUS$121.7b27.3x35.2x7.7x
Sun, 18 Jan 2026US$4.0tUS$514.0bUS$111.8b29.1x36x7.8x
Tue, 16 Dec 2025US$4.3tUS$514.1bUS$111.9b23.6x38.7x8.4x
Thu, 13 Nov 2025US$4.3tUS$512.7bUS$113.1b27.3x38x8.4x
Sat, 11 Oct 2025US$4.0tUS$504.4bUS$100.3b28.3x39.8x7.9x
Mon, 08 Sep 2025US$3.7tUS$504.4bUS$100.3b22.9x37.2x7.4x
Wed, 06 Aug 2025US$3.2tUS$502.4bUS$101.0b18.8x31.4x6.3x
Fri, 04 Jul 2025US$3.3tUS$499.9bUS$98.6b20.4x33.8x6.7x
Sun, 01 Jun 2025US$3.1tUS$499.8bUS$100.0b16.9x31.2x6.3x
Tue, 29 Apr 2025US$3.3tUS$494.1bUS$101.2b12.8x32.1x6.6x
Thu, 27 Mar 2025US$3.5tUS$494.1bUS$101.2b15.2x34.3x7x
Sat, 22 Feb 2025US$3.8tUS$486.7bUS$100.5b22.6x38.2x7.9x
Mon, 20 Jan 2025US$3.6tUS$473.9bUS$97.2b23.8x37x7.6x
Wed, 18 Dec 2024US$3.9tUS$473.9bUS$97.2b26.8x40.4x8.3x
Fri, 15 Nov 2024US$3.5tUS$472.6bUS$96.4b22.3x36.5x7.4x
Sun, 13 Oct 2024US$3.6tUS$466.0bUS$106.7b20.1x33.6x7.7x
Tue, 10 Sep 2024US$3.5tUS$466.0bUS$106.7b20.7x32.5x7.5x
Thu, 08 Aug 2024US$3.3tUS$465.1bUS$106.0b23.9x31.3x7.1x
Sat, 06 Jul 2024US$3.6tUS$457.1bUS$103.3b26.9x34.4x7.8x
Mon, 03 Jun 2024US$3.1tUS$456.8bUS$103.3b28.6x30x6.8x
Wed, 01 May 2024US$2.8tUS$458.2bUS$103.4b24.3x26.8x6x
Fri, 29 Mar 2024US$2.8tUS$457.8bUS$102.9b24.6x27.3x6.1x
Sun, 25 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.7x6.4x
Tue, 23 Jan 2024US$3.1tUS$454.7bUS$98.6b28.6x31.5x6.8x
Thu, 21 Dec 2023US$3.2tUS$455.3bUS$98.5b27.5x32.1x7x
Sat, 18 Nov 2023US$3.0tUS$456.1bUS$98.1b22x31x6.7x
Mon, 16 Oct 2023US$2.9tUS$453.8bUS$95.1b23.6x30.4x6.4x
Wed, 13 Sep 2023US$2.9tUS$453.9bUS$95.1b22.1x30.5x6.4x
Fri, 11 Aug 2023US$2.9tUS$454.0bUS$95.2b26x30.2x6.3x
Sun, 09 Jul 2023US$3.1tUS$456.4bUS$95.7b31.8x32.3x6.8x
Tue, 06 Jun 2023US$2.9tUS$456.4bUS$95.7b29.9x30.6x6.4x
Thu, 04 May 2023US$2.7tUS$460.5bUS$97.2b21.1x28x5.9x
Sat, 01 Apr 2023US$2.7tUS$460.6bUS$97.1b25x27.6x5.8x
Price to Earnings Ratio

27.6x


Total Market Cap: US$2.7tTotal Earnings: US$97.1bTotal Revenue: US$460.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 33x202420252026
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 33.0x.
  • The industry is trading close to its 3-year average PS ratio of 7.0x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 8.1% 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 Market-2.29%
Tech-2.62%
Tech Hardware-1.10%
Tech Hardware Storage and Peripherals-1.10%
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$176.9115.6%
+US$15.4b		79.0%PE19.2x
HPE Hewlett Packard EnterpriseUS$23.9010.3%
+US$3.0b		44.7%PS0.9x
STX Seagate Technology HoldingsUS$424.960.9%
+US$867.0m		383.1%PE48.3x
PSTG EverpureUS$65.152.7%
+US$564.6m		23.0%PE114.3x
NTAP NetAppUS$104.312.3%
+US$471.6m		10.5%PE17x

Latest News

STX
US$424.96
Seagate Technology Holdings
7D
0.9%
1Y
383.1%
DELL
US$176.91
Dell Technologies
7D
15.6%
1Y
79.0%

DELL: AI Server Momentum And Memory Costs Will Shape Future Margin Profile

Narrative Update The analyst price target for Dell Technologies has moved higher from $163.30 to $168.61. This reflects analyst views that stronger AI server demand, higher AI related orders, and management's increased long term earnings guidance support a modestly higher fair value, even as some firms flag memory cost headwinds and uncertainty around the durability of current margin levels.
OSS
US$9.04
One Stop Systems
7D
-15.4%
1Y
231.1%
SMCI
US$22.23
Super Micro Computer
7D
-29.5%
1Y
-45.3%

SMCI: Legal Credibility Concerns Will Likely Undermine Major AI Server Upside

Analysts have trimmed their fair value estimate for Super Micro Computer in response to multiple price target cuts. They cite higher assumed risk, more modest revenue and margin expectations, and a higher future P/E multiple following recent legal and credibility concerns.
DBD
US$78.51
Diebold Nixdorf
7D
7.9%
1Y
81.9%

DBD: Higher Margin Outlook And Buybacks Will Support Future Repricing

Analysts recently lifted their price targets on Diebold Nixdorf by $20, citing updated assumptions for discount rate, profit margin, and future P/E that refine how they value the company without changing the current fair value estimate of $96.67. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price targets as a reflection of refined assumptions for discount rate and profit margin that, in their models, support the current fair value of US$96.67.
AAPL
US$251.64
Apple
7D
-1.0%
1Y
12.5%
HPE
US$23.90
Hewlett Packard Enterprise
7D
10.3%
1Y
44.7%

HPE: Juniper Merger And Memory Costs Will Shape AI Infrastructure Outlook

Analysts have modestly lifted their average price targets on Hewlett Packard Enterprise into the mid to high $20s, reflecting recent research that highlights resilient demand, higher long term guidance, and an improved networking profile following the Juniper merger, while still acknowledging risks such as memory cost inflation and mixed end market commentary. Analyst Commentary Recent research on Hewlett Packard Enterprise reflects a mix of confidence in the long term story and caution around near term execution, cost trends, and demand quality.
BGIN
US$2.35
Bgin Blockchain
7D
-16.4%
1Y
n/a
WDC
US$301.05
Western Digital
7D
-4.1%
1Y
593.8%

Western Digital Corp (WDC): The HDD Renaissance and the "Road to $20 EPS"

Western Digital has successfully rebranded itself as the "Pure-Play" king of mass-capacity storage. By shedding the volatile NAND Flash segment, the company has allowed its Nearline HDD business to shine as the fundamental backbone of the AI data economy.
NTAP
US$104.31
NetApp
7D
2.3%
1Y
10.5%
PSTG
US$65.15
Everpure
7D
2.7%
1Y
23.0%

PSTG: Accelerating Large Deal Bookings Will Support AI And Hyperscaler Demand

Everpure's analyst price target has been nudged higher to $71.60 from $70.60 as analysts weigh faster big deal bookings and solid FY27 guidance against softer revenue growth, slimmer margins, and a higher assumed future P/E multiple tied to recent Pure Storage research updates. Analyst Commentary Recent Street research on Pure Storage, a key peer for Everpure, provides helpful context for how investors are thinking about large deal momentum, margins, and FY27 guidance.
HPQ
US$18.89
HP
7D
0.7%
1Y
-34.4%
GPGI
US$18.42
GPGI
7D
6.6%
1Y
59.5%
INFQ
US$10.25
Infleqtion
7D
-4.9%
1Y
n/a
IONQ
US$32.70
IonQ
7D
-1.8%
1Y
28.0%

IonQ: Exceptional Technology but Valuation Far Ahead of Financial Reality

Artificial intelligence has dominated technology markets in recent years and driven enormous investment into computing infrastructure. If AI represents the current frontier of computing, quantum computing could represent the next major paradigm shift.
SNDK
US$702.48
Sandisk
7D
-2.5%
1Y
1,245.7%