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

U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedMay 24, 2026
DataAggregated Company Financials
Companies50
  • 7D3.2%
  • 3M22.3%
  • 1Y73.9%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has risen 3.2%, driven by gains from Apple of 2.9%. In the same time, Canaan was down 17%. This takes the industry's 12 month performance to a gain of 74%. 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
Sun, 24 May 2026US$5.3tUS$584.2bUS$136.5b42.8x38.6x9x
Tue, 21 Apr 2026US$4.5tUS$556.1bUS$122.6b32.1x36.6x8.1x
Thu, 19 Mar 2026US$4.2tUS$556.1bUS$122.6b26.2x33.9x7.5x
Sat, 14 Feb 2026US$4.2tUS$552.9bUS$121.7b27.3x34.9x7.7x
Mon, 12 Jan 2026US$4.1tUS$514.0bUS$111.8b26.4x36.3x7.9x
Wed, 10 Dec 2025US$4.3tUS$514.1bUS$111.9b26.4x38.7x8.4x
Fri, 07 Nov 2025US$4.2tUS$512.3bUS$113.2b27.2x37.3x8.2x
Sun, 05 Oct 2025US$4.0tUS$504.4bUS$100.3b28.5x40.3x8x
Tue, 02 Sep 2025US$3.6tUS$502.9bUS$100.5b21.6x35.9x7.2x
Thu, 31 Jul 2025US$3.3tUS$500.2bUS$98.6b20x33.3x6.6x
Sat, 28 Jun 2025US$3.1tUS$500.2bUS$98.5b18.2x31.9x6.3x
Mon, 26 May 2025US$3.0tUS$499.7bUS$99.9b16.5x30.4x6.1x
Wed, 23 Apr 2025US$3.0tUS$494.1bUS$101.2b11.5x29.6x6.1x
Fri, 21 Mar 2025US$3.3tUS$494.0bUS$101.2b16.1x33.1x6.8x
Sun, 16 Feb 2025US$3.8tUS$479.7bUS$100.4b22.1x38x8x
Tue, 14 Jan 2025US$3.7tUS$473.9bUS$97.2b22.4x38x7.8x
Thu, 12 Dec 2024US$3.9tUS$473.9bUS$97.2b21.7x39.9x8.2x
Sat, 09 Nov 2024US$3.6tUS$472.6bUS$96.4b30x36.9x7.5x
Mon, 07 Oct 2024US$3.6tUS$466.0bUS$106.7b17.9x33.5x7.7x
Wed, 04 Sep 2024US$3.6tUS$465.4bUS$106.6b21.7x33.8x7.7x
Fri, 02 Aug 2024US$3.5tUS$458.0bUS$104.4b25.6x34x7.7x
Sun, 30 Jun 2024US$3.4tUS$457.1bUS$103.3b26.9x32.8x7.4x
Tue, 28 May 2024US$3.1tUS$456.7bUS$103.3b28.1x29.7x6.7x
Thu, 25 Apr 2024US$2.7tUS$457.6bUS$102.7b23.9x26.4x5.9x
Sat, 23 Mar 2024US$2.8tUS$457.8bUS$102.9b26.4x27.3x6.1x
Mon, 19 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.7x6.4x
Wed, 17 Jan 2024US$3.0tUS$454.7bUS$98.6b27.4x30.2x6.5x
Fri, 15 Dec 2023US$3.2tUS$455.3bUS$98.5b26.8x32.2x7x
Sun, 12 Nov 2023US$3.0tUS$456.1bUS$98.2b19x30.4x6.6x
Tue, 10 Oct 2023US$2.9tUS$453.8bUS$95.1b24x30.4x6.4x
Thu, 07 Sep 2023US$3.0tUS$453.9bUS$95.1b22.7x31.1x6.5x
Sat, 05 Aug 2023US$2.9tUS$453.5bUS$95.2b31.7x30.9x6.5x
Mon, 03 Jul 2023US$3.1tUS$456.4bUS$95.7b32.3x32.8x6.9x
Wed, 31 May 2023US$2.9tUS$456.3bUS$95.6b29.6x30x6.3x
Price to Earnings Ratio

30x


Total Market Cap: US$2.9tTotal Earnings: US$95.6bTotal Revenue: US$456.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 33.4x202420252026
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 38.6x which is higher than its 3-year average PE of 33.4x.
  • The 3-year average PS ratio of 7.1x is lower than the industry's current PS ratio of 9.0x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 8.6% 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 Market1.06%
Tech1.62%
Tech Hardware3.17%
Tech Hardware Storage and Peripherals3.17%
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$308.822.9%
+US$126.2b		58.2%PE37x
DELL Dell TechnologiesUS$295.1922.0%
+US$34.6b		163.3%PE32.3x
SNDK SandiskUS$1.48k5.0%
+US$10.5b		3,866.4%PE48.6x
HPE Hewlett Packard EnterpriseUS$37.5813.5%
+US$5.9b		115.7%PS1.4x
IONQ IonQUS$63.6422.5%
+US$4.4b		39.3%PE77x

Latest News

NTAP
US$139.36
NetApp
7D
16.2%
1Y
42.2%
AAPL
US$308.82
Apple
7D
2.9%
1Y
58.2%
Seeking Alpha • 22h

Apple Is Priced Like Everything Has To Go Right: It Just Might

Summary I am bullish on Apple, and the last two quarters gave me more reason to defend my bull case. The iPhone 17 cycle is even stronger than I expected, and China is no longer stagnant. That said, I still need WWDC to give me real and specific Siri dates, eligible devices, languages, China handling, and beta availability. To be crystal clear, I want management to rent AI smartly, not burn cash in AI foundational models, copying the likes of Meta. I stay bullish, but at 35x earnings, but Apple now needs a clean Siri rollout to justify the next leg of the bull run. Any negative headlines during WWDC26 may lead me to downgrade. Read the full article on Seeking Alpha
HPQ
US$25.24
HP
7D
21.3%
1Y
-9.8%
DELL
US$295.19
Dell Technologies
7D
22.0%
1Y
163.3%
WLDS
US$0.85
Wearable Devices
7D
-9.0%
1Y
-81.6%
CAN
US$0.41
Canaan
7D
-17.1%
1Y
-34.5%
VTIX
US$3.32
Virtuix Holdings
7D
-14.0%
1Y
n/a
HPE
US$37.58
Hewlett Packard Enterprise
7D
13.5%
1Y
115.7%
SNDK
US$1,478.69
Sandisk
7D
5.0%
1Y
3,866.4%
Seeking Alpha • May 20

Sandisk: AI Runaway Train - More Correction Necessary

Summary Sandisk (SNDK) has delivered a rare, black swan moment, with the YTD adj. EPS growth by +10,762.1% YoY triggered the stock's immense rally of +3,624% from the 52-week low. Further growth is likely as well, as observed in the promising industry trends, the expanding capex, the outsized multi-year RPOs, and the richer balance sheet. This is on top of the approved sampling of their new data center offerings and the ongoing inventory buildup supporting their promising FQ4'26 guidance. It goes without saying, then, that SNDK's current valuations and stock prices already priced in their profitable growth prospects, with it offering interested investors a minimal margin of safety. Given the ongoing momentum fatigue after the previously overbought technicals, I recommend some patience pending the materialization of my Buy Zones near the $1,007s. Read the full article on Seeking Alpha
STX
US$812.73
Seagate Technology Holdings
7D
2.2%
1Y
620.9%
Narrative Update • May 19

STX: AI Storage Cycle And Margin Expansion Will Support Future Upside

Analysts have raised the Seagate Technology Holdings price target to $1,096.35 from $505.00, citing updated assumptions regarding revenue, profit margins and future P/E expectations that align with recent Street research updates. Analyst Commentary Recent Street research on Seagate Technology Holdings shows a cluster of bullish analysts lifting price targets across a tight window of dates, reflecting updated assumptions on revenue trajectories, margin potential and P/E levels that are closer to current Street thinking.
FOXX
US$3.32
Foxx Development Holdings
7D
-32.9%
1Y
-32.5%
IONQ
US$63.64
IonQ
7D
22.5%
1Y
39.3%
Seeking Alpha • May 19

IonQ: Solidifying Its Leadership Position, Staying Bullish

Summary IonQ, Inc. stands as the leading pure-play quantum computing company, with recent technological and financial milestones reinforcing its early leadership. IONQ's Q1 revenue surged 754% YoY to $64.7M, with remaining performance obligations up 554% YoY to $470M and a robust $3.1B cash position. Technological progress, especially in networking capabilities and the presale of a 256-qubit system, remains the primary investment driver over near-term financial metrics. I remain bullish on IONQ's multi-year outlook, expecting further revenue scaling and potential acquisition interest from major tech players. Read the full article on Seeking Alpha
SONM
US$4.48
DNA X
7D
-6.1%
1Y
-73.8%
AIMD
US$1.53
Ainos
7D
-10.0%
1Y
-36.8%
BGIN
US$3.34
Bgin Blockchain
7D
-10.0%
1Y
n/a
EBON
US$2.09
Ebang International Holdings
7D
-5.9%
1Y
-44.9%