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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedMay 31, 2026
DataAggregated Company Financials
Companies51
  • 7D2.5%
  • 3M26.2%
  • 1Y73.7%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has risen 2.5%, driven by gains from Dell Technologies of 43%. During this same period, the Everpure underperformed, falling 8.8%. In the last 12 months, the industry was up 74%. 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
Sun, 31 May 2026US$5.4tUS$584.7bUS$136.6b46.5x39.6x9.2x
Tue, 28 Apr 2026US$4.5tUS$556.0bUS$122.4b30.3x36.6x8.1x
Thu, 26 Mar 2026US$4.1tUS$556.1bUS$122.6b25.4x33.7x7.4x
Sat, 21 Feb 2026US$4.2tUS$552.9bUS$121.7b27.4x34.7x7.6x
Mon, 19 Jan 2026US$4.0tUS$514.0bUS$111.8b29.1x36x7.8x
Wed, 17 Dec 2025US$4.3tUS$514.1bUS$111.9b23.8x38.1x8.3x
Fri, 14 Nov 2025US$4.3tUS$512.7bUS$113.1b26.4x37.8x8.3x
Sun, 12 Oct 2025US$3.8tUS$504.4bUS$100.3b28.3x38.4x7.6x
Tue, 09 Sep 2025US$3.7tUS$504.4bUS$100.3b22.7x36.9x7.3x
Thu, 07 Aug 2025US$3.3tUS$502.7bUS$100.9b18.9x32.9x6.6x
Sat, 05 Jul 2025US$3.3tUS$499.9bUS$98.6b20.4x33.9x6.7x
Mon, 02 Jun 2025US$3.1tUS$499.8bUS$100.0b16.9x31.2x6.3x
Wed, 30 Apr 2025US$3.3tUS$494.1bUS$101.2b12.9x32.2x6.6x
Fri, 28 Mar 2025US$3.4tUS$494.1bUS$101.2b14.3x34x7x
Sun, 23 Feb 2025US$3.8tUS$486.7bUS$100.5b22.6x38.2x7.9x
Tue, 21 Jan 2025US$3.6tUS$473.9bUS$97.2b23.8x37x7.6x
Thu, 19 Dec 2024US$4.0tUS$473.9bUS$97.2b26.4x40.8x8.4x
Sat, 16 Nov 2024US$3.6tUS$472.5bUS$96.4b22.1x36.9x7.5x
Mon, 14 Oct 2024US$3.6tUS$466.0bUS$106.7b20.1x33.6x7.7x
Wed, 11 Sep 2024US$3.5tUS$466.0bUS$106.7b20.9x32.5x7.5x
Fri, 09 Aug 2024US$3.3tUS$465.1bUS$106.7b24.7x31x7.1x
Sun, 07 Jul 2024US$3.6tUS$457.1bUS$103.3b26.9x35.1x7.9x
Tue, 04 Jun 2024US$3.1tUS$456.8bUS$103.3b28.6x30x6.8x
Thu, 02 May 2024US$2.8tUS$460.8bUS$103.7b24x26.7x6x
Sat, 30 Mar 2024US$2.8tUS$457.8bUS$102.9b24.6x27.3x6.1x
Mon, 26 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.7x6.4x
Wed, 24 Jan 2024US$3.1tUS$454.7bUS$98.6b28.7x31.5x6.8x
Fri, 22 Dec 2023US$3.1tUS$455.3bUS$98.5b27.7x31.8x6.9x
Sun, 19 Nov 2023US$3.0tUS$456.1bUS$98.1b22x31x6.7x
Tue, 17 Oct 2023US$2.9tUS$453.8bUS$95.1b24.1x30.2x6.3x
Thu, 14 Sep 2023US$2.8tUS$453.9bUS$95.1b22.4x29.6x6.2x
Sat, 12 Aug 2023US$2.9tUS$454.0bUS$95.2b25.8x30.2x6.3x
Mon, 10 Jul 2023US$3.1tUS$456.4bUS$95.7b31.8x32.3x6.8x
Wed, 07 Jun 2023US$2.9tUS$456.4bUS$95.7b29.9x30.3x6.4x
Price to Earnings Ratio

30.3x


Total Market Cap: US$2.9tTotal 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 33.5x202420252026
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 39.5x which is higher than its 3-year average PE of 33.5x.
  • The 3-year average PS ratio of 7.2x is lower than the industry's current PS ratio of 9.2x.
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 Market1.58%
Tech4.73%
Tech Hardware2.52%
Tech Hardware Storage and Peripherals2.52%
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$420.9142.6%
+US$81.7b		278.3%PE32.5x
AAPL AppleUS$312.061.0%
+US$47.6b		55.4%PE37.4x
SNDK SandiskUS$1.69k14.6%
+US$32.0b		4,397.2%PE55.7x
STX Seagate Technology HoldingsUS$879.808.3%
+US$16.8b		646.0%PE83.7x
WDC Western DigitalUS$531.219.7%
+US$16.2b		930.5%PE28.8x

Latest News

SNDK
US$1,694.98
Sandisk
7D
14.6%
1Y
4,397.2%
AAPL
US$312.06
Apple
7D
1.0%
1Y
55.4%
QUBT
US$11.96
Quantum Computing
7D
-2.8%
1Y
5.6%
NTAP
US$174.29
NetApp
7D
25.1%
1Y
75.8%
WDC
US$531.21
Western Digital
7D
9.7%
1Y
930.5%
SMCI
US$46.09
Super Micro Computer
7D
29.5%
1Y
15.2%
Narrative Update • May 29

SMCI: Governance Reset And Compliance Upgrades Will Support Future Bullish Repricing

Analysts nudged their implied price target for Super Micro Computer higher to align with a fair value estimate, moving from about $55.14 to $56.90. They cited updated assumptions for stronger revenue growth, slightly higher profit margins, a modestly higher discount rate, and a lower future P/E multiple based on the latest round of mixed but active Street research on the stock.
HPE
US$43.04
Hewlett Packard Enterprise
7D
14.5%
1Y
149.1%
Seeking Alpha • May 29

What To Do After Dell's Breakout Boosted Hewlett-Packard Enterprise Stock

Summary Hewlett Packard Enterprise Company is rated a Buy, driven by surging AI/server demand and networking momentum. HPE benefits from Dell’s blowout earnings and analyst upgrades, with Citi raising its price target to $39 on similar AI and server tailwinds. JPMorgan and Citi upgrades reflect a shift in market valuation for hardware makers, as AI and neocloud deployments drive sector-wide growth. I will upgrade HPE to Strong Buy if upcoming quarterly results are robust and shares avoid profit-taking sell-offs. Read the full article on Seeking Alpha
DELL
US$420.91
Dell Technologies
7D
42.6%
1Y
278.3%
Narrative Update • May 29

DELL: AI Server Euphoria Will Eventually Collide With Normalizing Memory Cycle

Analysts have lifted the fair value estimate for Dell Technologies stock from $115.93 to $138.00, tying the shift to higher assumed revenue growth and profit margins, a slightly lower discount rate, and updated P/E assumptions that reflect Street research highlighting AI driven demand for servers, storage, and related infrastructure. Analyst Commentary Recent Street research on Dell Technologies clusters around a common theme: AI related demand for servers and storage is front and center, but views on how sustainable that demand is and what it means for valuation are mixed.
INFQ
US$16.22
Infleqtion
7D
-0.8%
1Y
n/a
P
US$79.51
Everpure
7D
-8.8%
1Y
48.4%
STX
US$879.80
Seagate Technology Holdings
7D
8.3%
1Y
646.0%
Seeking Alpha • May 28

Seagate: Micron And SK Hynix Gave The Greenlight To Buy More

Summary I am reiterating Seagate with a strong buy because my original thesis has not changed. It has improved. I argued that HAMR would change STX's earnings power. That view is being confirmed by Mozaic 4+ qualifications, stronger hyperscale demand, and record margin performance. The main growth drivers are nearline capacity allocation through CY27, Mozaic 4+ becoming a larger part of HAMR exabyte shipments, and AI-driven data center storage demand. My $1,410 price target reflects a 70% upside. I arrive at my price target by using a 56.86x FWD non-GAAP P/E and an est. EPS of $24.81. The key risks are a slowdown in AI capex, HAMR execution, and valuation compression. Read the full article on Seeking Alpha
PMTS
US$16.97
CPI Card Group
7D
-1.2%
1Y
-23.8%
MOVE
US$19.00
Corvex
7D
-17.0%
1Y
371.4%
FOXX
US$2.63
Foxx Development Holdings
7D
-20.8%
1Y
-45.7%
GPGI
US$12.16
GPGI
7D
-2.1%
1Y
-11.3%
BGIN
US$3.01
Bgin Blockchain
7D
-9.9%
1Y
n/a