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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJul 24, 2026
DataAggregated Company Financials
Companies51
  • 7D-1.1%
  • 3M21.9%
  • 1Y65.4%
  • YTDn/a

The Tech Hardware Storage and Peripherals is pretty flat in the last 7 days, but Seagate Technology Holdings has stood out, gaining 23%. The past year has been better, since the industry has gained 67% in that time. Looking forward, earnings are forecast to grow by 12% 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
Fri, 24 Jul 2026US$5.6tUS$587.7bUS$138.2b41.2x40.4x9.5x
Sun, 21 Jun 2026US$5.4tUS$587.7bUS$138.0b43.6x39x9.2x
Tue, 19 May 2026US$5.1tUS$584.2bUS$136.5b39.7x37.5x8.7x
Thu, 16 Apr 2026US$4.3tUS$556.1bUS$122.6b31.2x35.1x7.7x
Sat, 14 Mar 2026US$4.1tUS$556.1bUS$122.6b23.4x33.7x7.4x
Mon, 09 Feb 2026US$4.5tUS$552.7bUS$121.6b29.5x36.9x8.1x
Wed, 07 Jan 2026US$4.2tUS$514.0bUS$111.8b28.8x37.4x8.1x
Fri, 05 Dec 2025US$4.4tUS$512.9bUS$113.1b26.2x38.6x8.5x
Sun, 02 Nov 2025US$4.2tUS$513.2bUS$114.5b24.2x36.9x8.2x
Tue, 30 Sep 2025US$4.0tUS$504.4bUS$100.3b26.3x39.6x7.9x
Thu, 28 Aug 2025US$3.6tUS$502.8bUS$100.5b21.7x35.4x7.1x
Sat, 26 Jul 2025US$3.3tUS$500.2bUS$98.6b19.8x33.9x6.7x
Mon, 23 Jun 2025US$3.1tUS$500.2bUS$98.5b17.5x31.8x6.3x
Wed, 21 May 2025US$3.2tUS$499.7bUS$99.9b16.6x32.5x6.5x
Fri, 18 Apr 2025US$3.1tUS$494.0bUS$101.2b11.7x30.2x6.2x
Sun, 16 Mar 2025US$3.3tUS$494.1bUS$101.2b16.5x32.8x6.7x
Tue, 11 Feb 2025US$3.6tUS$479.7bUS$100.5b21.7x35.4x7.4x
Thu, 09 Jan 2025US$3.8tUS$473.9bUS$97.2b23.6x39x8x
Sat, 07 Dec 2024US$3.8tUS$473.9bUS$97.2b23.2x39.2x8x
Mon, 04 Nov 2024US$3.5tUS$472.6bUS$98.6b14.6x35.3x7.4x
Wed, 02 Oct 2024US$3.7tUS$466.0bUS$106.7b17.6x34.4x7.9x
Fri, 30 Aug 2024US$3.6tUS$465.2bUS$106.5b22x33.5x7.7x
Sun, 28 Jul 2024US$3.5tUS$456.9bUS$103.3b26.3x33.7x7.6x
Tue, 25 Jun 2024US$3.3tUS$457.1bUS$103.3b26.4x32.4x7.3x
Thu, 23 May 2024US$3.1tUS$456.7bUS$103.3b27x30x6.8x
Sat, 20 Apr 2024US$2.7tUS$457.8bUS$102.9b23.8x26.5x6x
Mon, 18 Mar 2024US$2.8tUS$457.8bUS$102.8b26.4x27.4x6.2x
Wed, 14 Feb 2024US$3.0tUS$458.7bUS$102.6b28.3x29.1x6.5x
Fri, 12 Jan 2024US$3.0tUS$454.7bUS$98.6b27.8x30.4x6.6x
Sun, 10 Dec 2023US$3.1tUS$455.3bUS$98.5b26.6x31.9x6.9x
Tue, 07 Nov 2023US$2.8tUS$452.4bUS$97.1b20.4x29.2x6.3x
Thu, 05 Oct 2023US$2.8tUS$453.8bUS$95.1b23.2x29.5x6.2x
Sat, 02 Sep 2023US$3.1tUS$453.9bUS$95.1b23.3x32.1x6.7x
Mon, 31 Jul 2023US$3.2tUS$456.4bUS$95.7b32.8x33.4x7x
Price to Earnings Ratio

33.4x


Total Market Cap: US$3.2tTotal Earnings: US$95.7bTotal Revenue: US$456.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 33.8x202420252026
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 40.5x which is higher than its 3-year average PE of 33.8x.
  • The 3-year average PS ratio of 7.3x is lower than the industry's current PS ratio of 9.5x.
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 8.8% 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-1.98%
Tech0.26%
Tech Hardware-1.12%
Tech Hardware Storage and Peripherals-1.12%
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
STX Seagate Technology HoldingsUS$913.3622.5%
+US$38.0b		498.0%PE86.9x
WDC Western DigitalUS$558.3019.6%
+US$31.5b		708.9%PE30.3x
DELL Dell TechnologiesUS$439.3412.3%
+US$31.0b		242.3%PE33.8x
SNDK SandiskUS$1.61k14.1%
+US$29.5b		3,728.6%PE52.9x
SMCI Super Micro ComputerUS$31.2026.4%
+US$4.2b		-40.6%PE16.2x

Latest News

GPGI
US$14.07
GPGI
7D
-5.6%
1Y
-3.2%
SMCI
US$31.20
Super Micro Computer
7D
26.4%
1Y
-40.6%
TBCH
US$12.12
Turtle Beach
7D
-6.1%
1Y
-15.4%
VTIX
US$2.55
Virtuix Holdings
7D
-15.8%
1Y
n/a
WDC
US$558.30
Western Digital
7D
19.6%
1Y
708.9%
HPE
US$47.64
Hewlett Packard Enterprise
7D
5.6%
1Y
132.3%
AAPL
US$321.66
Apple
7D
-3.5%
1Y
50.5%
STX
US$913.36
Seagate Technology Holdings
7D
22.5%
1Y
498.0%
Narrative Update • Jul 21

STX: AI Storage Pricing Optimism Will Eventually Face Supply Discipline Reversal Risk

Seagate Technology Holdings' fair value estimate has been raised from $566.86 to $680.00 as analysts point to broadly higher price targets across the Street, supported by expectations for firmer hard disk drive pricing, AI driven storage demand, and updated earnings and P/E assumptions. Analyst Commentary Recent research on Seagate Technology Holdings shows a wide spread of opinion on how much upside is left, even as many firms lift price targets.
SNDK
US$1,610.33
Sandisk
7D
14.1%
1Y
3,728.6%
TACT
US$4.97
TransAct Technologies
7D
-4.1%
1Y
30.8%
NTAP
US$164.64
NetApp
7D
3.1%
1Y
57.3%
XRX
US$2.61
Xerox Holdings
7D
-2.6%
1Y
-56.0%
DELL
US$439.34
Dell Technologies
7D
12.3%
1Y
242.3%
Seeking Alpha • Jul 14

Dell Technologies And Its Real Value

Summary Dell Technologies has surged 120% in 2024, but current valuations appear significantly overpriced relative to multiple valuation models. AI infrastructure demand drives DELL’s backlog and earnings growth, yet gross margins remain below preferred levels and short-term liquidity is limited. DELL’s net debt and leverage have improved, but negative shareholder equity make this company more challenging to analyze. Despite strong cash generation and ROIC, DELL’s recent exponential share price growth appears unsustainable, warranting investor caution. Read the full article on Seeking Alpha
P
US$75.19
Everpure
7D
10.0%
1Y
32.0%
CAN
US$0.26
Canaan
7D
-5.6%
1Y
-68.0%
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.
IONQ
US$34.07
IonQ
7D
-2.9%
1Y
-22.4%