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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedFeb 03, 2026
DataAggregated Company Financials
Companies48
  • 7D5.2%
  • 3M2.5%
  • 1Y19.2%
  • YTDn/a

The Tech Hardware Storage and Peripherals industry is up 5.2% in the last week, with Apple up 4.5%. Meanwhile, IonQ actually underperformed within the industry, shrinking 11% in the last week. This takes the industry's 12 month performance to a gain of 19%. Earnings are forecast to grow by 9.6% 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
Tue, 03 Feb 2026US$4.3tUS$545.7bUS$121.5b28.4x35.8x8x
Thu, 01 Jan 2026US$4.3tUS$514.0bUS$111.8b22.6x38x8.3x
Sat, 29 Nov 2025US$4.3tUS$512.8bUS$113.1b25.4x38.4x8.5x
Mon, 27 Oct 2025US$4.1tUS$504.7bUS$100.3b27.3x41.1x8.2x
Wed, 24 Sep 2025US$4.0tUS$504.4bUS$100.3b26.6x39.7x7.9x
Fri, 22 Aug 2025US$3.5tUS$502.8bUS$100.5b20.9x34.8x7x
Sun, 20 Jul 2025US$3.3tUS$500.2bUS$98.6b20.2x33.6x6.6x
Tue, 17 Jun 2025US$3.1tUS$500.2bUS$98.5b17.6x31.1x6.1x
Thu, 15 May 2025US$3.3tUS$499.7bUS$100.0b16.2x33.1x6.6x
Sat, 12 Apr 2025US$3.0tUS$494.0bUS$101.2b13.6x29.2x6x
Mon, 10 Mar 2025US$3.7tUS$494.0bUS$101.2b15.7x36.6x7.5x
Wed, 05 Feb 2025US$3.6tUS$479.7bUS$100.5b21.4x35.3x7.4x
Fri, 03 Jan 2025US$3.9tUS$473.9bUS$97.2b22.9x40.2x8.3x
Sun, 01 Dec 2024US$3.7tUS$472.7bUS$96.5b21.7x38.5x7.9x
Tue, 29 Oct 2024US$3.6tUS$467.4bUS$107.9b22.7x33.8x7.8x
Thu, 26 Sep 2024US$3.6tUS$466.0bUS$106.7b18.8x33.6x7.7x
Sat, 24 Aug 2024US$3.5tUS$465.2bUS$106.5b24.9x33.3x7.6x
Mon, 22 Jul 2024US$3.6tUS$457.1bUS$103.3b26.3x34.8x7.9x
Wed, 19 Jun 2024US$3.5tUS$457.1bUS$103.2b26.9x33.8x7.6x
Fri, 17 May 2024US$3.1tUS$456.7bUS$103.2b28.1x29.9x6.8x
Sun, 14 Apr 2024US$2.9tUS$457.8bUS$102.9b24.7x27.7x6.2x
Tue, 12 Mar 2024US$2.8tUS$457.8bUS$102.7b26.4x27.5x6.2x
Thu, 08 Feb 2024US$3.0tUS$458.7bUS$102.6b29x29.7x6.6x
Sat, 06 Jan 2024US$2.9tUS$454.7bUS$98.6b26.6x29.7x6.4x
Mon, 04 Dec 2023US$3.1tUS$455.3bUS$98.5b27.2x31.2x6.7x
Wed, 01 Nov 2023US$2.8tUS$452.8bUS$94.9b19x29x6.1x
Fri, 29 Sep 2023US$2.8tUS$453.9bUS$95.1b22.3x29x6.1x
Sun, 27 Aug 2023US$2.9tUS$453.8bUS$95.2b25.2x30.3x6.3x
Tue, 25 Jul 2023US$3.1tUS$456.4bUS$95.7b32.1x32.7x6.9x
Thu, 22 Jun 2023US$3.0tUS$456.4bUS$95.7b30.7x31.1x6.5x
Sat, 20 May 2023US$2.8tUS$456.4bUS$95.7b25.5x29.6x6.2x
Mon, 17 Apr 2023US$2.7tUS$460.6bUS$97.1b25.8x27.7x5.8x
Wed, 15 Mar 2023US$2.5tUS$460.5bUS$96.9b25.4x25.6x5.4x
Fri, 10 Feb 2023US$2.5tUS$460.1bUS$97.3b25.1x25.3x5.4x
Price to Earnings Ratio

25.3x


Total Market Cap: US$2.5tTotal Earnings: US$97.3bTotal Revenue: US$460.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 32.6x202420252026
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 35.8x which is higher than its 3-year average PE of 32.6x.
  • The 3-year average PS ratio of 6.9x is lower than the industry's current PS ratio of 8.0x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 7.7% per year over the last three years.
  • Revenues for these companies have grown 5.9% 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-0.35%
Tech-1.75%
Tech Hardware5.21%
Tech Hardware Storage and Peripherals5.21%
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$270.014.5%
+US$168.0b		16.0%PE33.7x
SNDK SandiskUS$665.2441.3%
+US$29.2b		n/aPS11x
STX Seagate Technology HoldingsUS$432.9520.8%
+US$16.4b		363.1%PE47.9x
WDC Western DigitalUS$270.237.0%
+US$5.2b		323.5%PE23.2x
DELL Dell TechnologiesUS$119.162.8%
+US$2.1b		19.1%PE15.2x

Latest News

GPGI
US$24.07
GPGI
7D
-3.1%
1Y
52.3%
QUBT
US$9.34
Quantum Computing
7D
-13.8%
1Y
-6.1%
WDC
US$270.23
Western Digital
7D
7.0%
1Y
323.5%

WDC: Elevated HDD Pricing And Margin Assumptions Will Drive Future Downside Risk

Analysts lifted their Western Digital fair value estimate to $170 from $145, citing higher assumed revenue growth, wider profit margins, and a lower future P/E multiple reflected across a wave of recent price target increases from major firms. Analyst Commentary Across recent research, Western Digital has attracted a series of higher price targets from major firms, including JPMorgan, Goldman Sachs and Mizuho.
SNDK
US$665.24
Sandisk
7D
41.3%
1Y
n/a
HPQ
US$19.81
HP
7D
1.8%
1Y
-38.1%
STX
US$432.95
Seagate Technology Holdings
7D
20.8%
1Y
363.1%
AAPL
US$270.01
Apple
7D
4.5%
1Y
16.0%
IONQ
US$38.56
IonQ
7D
-11.1%
1Y
-7.0%
HPE
US$22.01
Hewlett Packard Enterprise
7D
3.0%
1Y
7.6%
SMCI
US$29.71
Super Micro Computer
7D
-3.5%
1Y
10.7%
DELL
US$119.16
Dell Technologies
7D
2.8%
1Y
19.1%

DELL: AI Server Demand Will Offset Memory Supercycle Margin Pressures

Narrative Update: Dell Technologies Analysts have adjusted their price target on Dell Technologies higher to about $198 from roughly $177, reflecting updated assumptions around AI server demand, margin resilience in the face of higher memory costs, and opportunities with Tier 2 cloud providers and sovereign customers, even as some firms highlight potential earnings pressure from a memory supercycle and softer non AI hardware demand. Analyst Commentary Recent research on Dell Technologies presents a mixed but constructive picture, with several bullish analysts still highlighting drivers tied to AI servers, margin resilience and new customer segments, even as some firms trim price targets around memory cost concerns and softer non AI hardware demand.
PSTG
US$70.34
Pure Storage
7D
-3.4%
1Y
5.3%
DBD
US$71.06
Diebold Nixdorf
7D
3.0%
1Y
68.9%
NTAP
US$97.46
NetApp
7D
-1.4%
1Y
-18.6%

NTAP: Margin Strength And Flash Plus Cloud Execution Will Drive Upside

Analysts have trimmed their price target on NetApp by about $1.52 to roughly $122.81. This reflects a mix of tempered fair value and P/E assumptions, even as recent research highlights solid margins, strength in all flash arrays and ongoing growth in public cloud.
CAN
US$0.62
Canaan
7D
-12.2%
1Y
-68.8%

CAN: Clean Energy Mining Buildout And Buybacks Will Support Long Term Upside

Analysts have slightly reduced their price target on Canaan to reflect minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, while keeping their fair value estimate unchanged. What's in the News Canaan reported unaudited 2025 production results, with 1,091 BTC mined, 128 BTC acquired through market purchases, 776 BTC used for power-related expenditures, 13 BTC from sales-related income, 0.83 BTC in interest income, and total bitcoin holdings of 1,750 BTC as of December 31, 2025 (Company announcement of operating results).
BGIN
US$2.99
Bgin Blockchain
7D
-8.0%
1Y
n/a

Bgin Blockchain IPOs Into A Bear Market

Nov 18