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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedMay 29, 2026
DataAggregated Company Financials
Companies51
  • 7D3.3%
  • 3M25.7%
  • 1Y73.4%
  • YTDn/a

In the last week, the Tech Hardware Storage and Peripherals industry is up 3.3%, with Apple up 2.5%. In the same time, Everpure was down 7.5%. This means that the industry has gained 73% over the past year. Looking forward, 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
Fri, 29 May 2026US$5.3tUS$584.4bUS$136.5b45.7x39.2x9.2x
Sun, 26 Apr 2026US$4.5tUS$556.1bUS$122.6b31.5x36.9x8.1x
Tue, 24 Mar 2026US$4.0tUS$556.1bUS$122.6b25.3x33x7.3x
Thu, 19 Feb 2026US$4.3tUS$552.9bUS$121.7b27.7x35.1x7.7x
Sat, 17 Jan 2026US$4.0tUS$514.0bUS$111.8b29.1x36x7.8x
Mon, 15 Dec 2025US$4.3tUS$514.1bUS$111.9b24.3x38.7x8.4x
Wed, 12 Nov 2025US$4.2tUS$512.7bUS$113.1b26.6x37.3x8.2x
Fri, 10 Oct 2025US$4.1tUS$504.4bUS$100.3b30.5x40.4x8x
Sun, 07 Sep 2025US$3.7tUS$504.4bUS$100.3b22.9x37.2x7.4x
Tue, 05 Aug 2025US$3.2tUS$502.4bUS$101.0b18.8x31.2x6.3x
Thu, 03 Jul 2025US$3.2tUS$499.9bUS$98.6b20.3x32.9x6.5x
Sat, 31 May 2025US$3.1tUS$499.8bUS$100.0b16.9x31.1x6.2x
Mon, 28 Apr 2025US$3.3tUS$494.1bUS$101.2b13x32.1x6.6x
Wed, 26 Mar 2025US$3.4tUS$494.0bUS$101.2b16.7x33.9x6.9x
Fri, 21 Feb 2025US$3.8tUS$486.7bUS$100.5b23.6x38.2x7.9x
Sun, 19 Jan 2025US$3.6tUS$473.9bUS$97.2b23.8x37x7.6x
Tue, 17 Dec 2024US$3.9tUS$473.9bUS$97.2b27.6x40x8.2x
Thu, 14 Nov 2024US$3.5tUS$472.6bUS$96.4b22.6x36.3x7.4x
Sat, 12 Oct 2024US$3.6tUS$466.0bUS$106.7b20.1x33.6x7.7x
Mon, 09 Sep 2024US$3.5tUS$466.1bUS$106.6b20.1x32.5x7.4x
Wed, 07 Aug 2024US$3.3tUS$461.9bUS$105.9b24.4x31.2x7.2x
Fri, 05 Jul 2024US$3.6tUS$457.1bUS$103.3b27.2x34.4x7.8x
Sun, 02 Jun 2024US$3.1tUS$456.8bUS$103.3b28.6x30x6.8x
Tue, 30 Apr 2024US$2.8tUS$458.2bUS$103.4b24.5x26.7x6x
Thu, 28 Mar 2024US$2.8tUS$457.8bUS$102.9b26.5x27.5x6.2x
Sat, 24 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.7x6.4x
Mon, 22 Jan 2024US$3.1tUS$454.7bUS$98.6b28.3x31.1x6.7x
Wed, 20 Dec 2023US$3.2tUS$455.3bUS$98.5b28.8x32.1x7x
Fri, 17 Nov 2023US$3.0tUS$456.1bUS$98.1b22.1x31x6.7x
Sun, 15 Oct 2023US$2.9tUS$453.8bUS$95.1b23.6x30.4x6.4x
Tue, 12 Sep 2023US$2.9tUS$453.9bUS$95.1b22.9x30.5x6.4x
Thu, 10 Aug 2023US$2.9tUS$454.0bUS$95.2b31.7x30.2x6.3x
Sat, 08 Jul 2023US$3.1tUS$456.4bUS$95.7b31.8x32.3x6.8x
Mon, 05 Jun 2023US$2.9tUS$456.4bUS$95.7b30.2x30.6x6.4x
Price to Earnings Ratio

30.6x


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 39.2x 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 Market1.83%
Tech3.77%
Tech Hardware3.31%
Tech Hardware Storage and Peripherals3.31%
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$312.512.5%
+US$110.4b		56.3%PE37.4x
DELL Dell TechnologiesUS$317.0525.4%
+US$41.7b		179.0%PE34.7x
STX Seagate Technology HoldingsUS$880.728.7%
+US$15.8b		645.5%PE83x
WDC Western DigitalUS$531.189.2%
+US$15.4b		910.8%PE28.8x
SNDK SandiskUS$1.64k6.4%
+US$14.7b		4,153.0%PE53.9x

Latest News

WDC
US$531.18
Western Digital
7D
9.2%
1Y
910.8%
Seeking Alpha • 1h

Western Digital Stacks Up Poorly To Peers Like Micron, Don't Buy Here

Summary Western Digital has surged nearly 3x YTD, but I reiterate a "Sell" rating. WDC’s fundamentals and valuation do not justify its sharp rally to all-time highs. The company’s focus on commoditized HDDs results in weaker gross margins versus peers like Micron. MU benefits from high-demand, high-margin HBM memory, while WDC’s products are relegated to low-cost, archival storage. Read the full article on Seeking Alpha
HPE
US$38.21
Hewlett Packard Enterprise
7D
12.5%
1Y
116.5%
Seeking Alpha • 4h

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$317.05
Dell Technologies
7D
25.4%
1Y
179.0%
NTAP
US$142.40
NetApp
7D
14.9%
1Y
43.5%
AAPL
US$312.51
Apple
7D
2.5%
1Y
56.3%
P
US$73.04
Everpure
7D
-7.5%
1Y
36.2%
SONM
US$4.24
DNA X
7D
-5.4%
1Y
-74.5%
STX
US$880.72
Seagate Technology Holdings
7D
8.7%
1Y
645.5%
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
SNDK
US$1,641.64
Sandisk
7D
6.4%
1Y
4,153.0%
Seeking Alpha • May 27

Sandisk Can Keep On Rising Even If NAND Prices Cool

Summary Sandisk's data center storage revenue is surging on AI-fueled demand, with repeated upside surprises versus Wall Street expectations. Sandisk is extending its JV with Kioxia Holdings, securing DRAM supply, and boosting fab output through R&D efficiency, keeping capex intensity low while expanding free cash flow margins. A newly authorized 6 billion dollar share buyback, alongside rising buyback spending, signals management’s confidence in Sandisk's prospects ahead. NAND spot prices have paused rising, and Chinese competitors are expanding capacity, presenting a risk of the memory upcycle ending sooner. But Sandisk can thrive on volume growth alone. SNDK's EV/EBITDA premium to peers is now below its historical median levels, while earnings growth is driving most of the stock’s gains—a good foundation for long-term upside. Read the full article on Seeking Alpha
IONQ
US$70.14
IonQ
7D
19.1%
1Y
62.4%
CAN
US$0.41
Canaan
7D
-0.4%
1Y
-34.9%
QMCO
US$9.32
Quantum
7D
-1.0%
1Y
-25.4%
Seeking Alpha • May 24

Quantum Corp.: I'm Not Particularly Bullish Heading Into Q4 Earnings

Summary Quantum Corp. is sometimes perceived to be a quantum computing play, but its core business is tape storage and data management. Recent QMCO stock rallies appear to be driven by quantum computing sector enthusiasm rather than corporate fundamentals. Operationally, Quantum has stabilized revenues and shown modest growth under new management, but near-term guidance is cautious due to supply chain issues. I maintain a hold rating, as the current valuation is not compelling and Q4 results could represent a step backward. Read the full article on Seeking Alpha
MOVE
US$21.02
Corvex
7D
-8.2%
1Y
421.5%
FOXX
US$2.76
Foxx Development Holdings
7D
-16.9%
1Y
-43.0%
BGIN
US$2.89
Bgin Blockchain
7D
-16.2%
1Y
n/a
EBON
US$1.88
Ebang International Holdings
7D
-10.0%
1Y
-48.0%