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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJul 31, 2026
DataAggregated Company Financials
Companies51
  • 7D2.6%
  • 3M18.8%
  • 1Y72.5%
  • YTDn/a

The Tech Hardware Storage and Peripherals industry is up 2.6% in the last week, with Apple up 3.7%. During this same period, the Sandisk underperformed, falling 11%. This means that the industry has gained 73% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

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, 31 Jul 2026US$5.7tUS$588.9bUS$139.1b42.7x40.8x9.6x
Sun, 28 Jun 2026US$5.1tUS$587.7bUS$138.0b40.2x36.8x8.6x
Tue, 26 May 2026US$5.3tUS$584.2bUS$136.5b42.8x38.6x9x
Thu, 23 Apr 2026US$4.4tUS$556.1bUS$122.6b31x36.2x8x
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
Price to Earnings Ratio

30.9x


Total Market Cap: US$2.9tTotal Earnings: US$95.2bTotal Revenue: US$453.5bTotal 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 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 40.8x which is higher than its 3-year average PE of 33.9x.
  • The 3-year average PS ratio of 7.3x is lower than the industry's current PS ratio of 9.6x.
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 9.1% 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 Market0.50%
Tech0.084%
Tech Hardware2.60%
Tech Hardware Storage and Peripherals2.60%
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$333.433.7%
+US$172.9b		60.6%PE40x
HPQ HPUS$26.869.6%
+US$2.1b		8.3%PE9.6x
NTAP NetAppUS$173.985.7%
+US$1.9b		67.1%PE26.8x
STX Seagate Technology HoldingsUS$851.68-0.001%
US$634.7m		450.1%PE60.7x
IONQ IonQUS$35.775.0%
+US$634.6m		-10.3%PE43.3x

Latest News

IONQ
US$35.77
IonQ
7D
5.0%
1Y
-10.3%
Seeking Alpha • 7h

IonQ: 2 Q&As That Explain My Renewed Bullish Stance (Rating Upgrade)

Summary I invested in IonQ well before quantum computing became one of the most followed sectors among retail investors. Last October, I booked a ~400% gain. Given that technological progress can determine IonQ's future financial success, I decided to dive deep into its tech stack to find answers to 2 important questions. The first is to determine whether IonQ has a durable advantage in trapped-ion quantum computing. The second is to evaluate if IonQ is on the right track to meet its technological roadmap. To assess whether IonQ possesses a durable advantage in trapped-ion quantum computing, we need to look at a few different angles, including this technology's advantages/disadvantages in connectivity, fidelity, and cooling requirements. Read the full article on Seeking Alpha
AAPL
US$333.43
Apple
7D
3.7%
1Y
60.6%
SNDK
US$1,279.96
Sandisk
7D
-10.9%
1Y
2,996.9%
DBD
US$71.26
Diebold Nixdorf
7D
-18.1%
1Y
26.6%
XRX
US$3.49
Xerox Holdings
7D
35.3%
1Y
-11.3%
DELL
US$404.81
Dell Technologies
7D
-7.9%
1Y
205.1%
GPGI
US$13.47
GPGI
7D
-4.3%
1Y
-5.2%
STX
US$851.68
Seagate Technology Holdings
7D
-0.001%
1Y
450.1%
INFQ
US$9.98
Infleqtion
7D
3.0%
1Y
-1.6%
SMCI
US$27.73
Super Micro Computer
7D
-11.1%
1Y
-53.0%
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$533.04
Western Digital
7D
-4.5%
1Y
577.4%
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.
HPE
US$47.14
Hewlett Packard Enterprise
7D
-1.0%
1Y
127.8%
CRSR
US$10.63
Corsair Gaming
7D
5.5%
1Y
17.3%
NTAP
US$173.98
NetApp
7D
5.7%
1Y
67.1%
P
US$75.06
Everpure
7D
-0.2%
1Y
26.1%
HPQ
US$26.86
HP
7D
9.6%
1Y
8.3%
Seeking Alpha • Jul 11

HP Is A High Yielding Undervalued Tech Stock (Technical Analysis)

Summary HP, Inc. is a high-yield, undervalued tech stock with a bullish technical setup and a nearly 5% dividend yield. HPQ demonstrates strong valuation and profitability grades, with recent upward revisions to EPS and revenue estimates supporting its investment case. Technical analysis shows HPQ trading above its 30-week EMA, with bullish momentum, volume, and relative strength versus the S&P 500. The dividend appears well-covered with a 35% payout ratio and 3.39x free cash flow coverage, despite a modest dividend safety grade. Read the full article on Seeking Alpha