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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJan 27, 2026
DataAggregated Company Financials
Companies46
  • 7D0.2%
  • 3M-3.5%
  • 1Y12.4%
  • YTDn/a

The Tech Hardware Storage and Peripherals is pretty flat in the last 7 days, but Apple has stood out, gaining 4.7%. The past year has been better, since the industry has gained 12% in that time. Looking forward, 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
Wed, 28 Jan 2026US$4.0tUS$514.0bUS$111.8b33.2x36x7.8x
Fri, 26 Dec 2025US$4.3tUS$514.1bUS$111.9b23.3x38.2x8.3x
Sun, 23 Nov 2025US$4.2tUS$512.7bUS$113.1b24x37.2x8.2x
Tue, 21 Oct 2025US$4.1tUS$504.4bUS$100.3b26.6x40.9x8.1x
Thu, 18 Sep 2025US$3.7tUS$504.4bUS$100.3b25.4x37.2x7.4x
Sat, 16 Aug 2025US$3.6tUS$502.8bUS$100.5b20.2x35.9x7.2x
Mon, 14 Jul 2025US$3.3tUS$500.2bUS$98.6b19.8x33.5x6.6x
Wed, 11 Jun 2025US$3.1tUS$500.2bUS$98.5b17.7x31.9x6.3x
Fri, 09 May 2025US$3.0tUS$499.4bUS$101.9b13.4x29.8x6.1x
Sun, 06 Apr 2025US$2.9tUS$494.0bUS$101.2b12.3x28.8x5.9x
Tue, 04 Mar 2025US$3.8tUS$492.7bUS$100.5b17.1x37.4x7.6x
Thu, 30 Jan 2025US$3.7tUS$473.7bUS$97.2b23.1x38.2x7.8x
Sat, 28 Dec 2024US$4.0tUS$473.9bUS$97.2b24.4x41.1x8.4x
Mon, 25 Nov 2024US$3.6tUS$472.7bUS$96.5b21.8x37.3x7.6x
Wed, 23 Oct 2024US$3.7tUS$466.0bUS$106.8b19.6x34.9x8x
Fri, 20 Sep 2024US$3.5tUS$466.0bUS$106.7b19x32.6x7.5x
Sun, 18 Aug 2024US$3.6tUS$465.1bUS$106.8b24.1x33.5x7.7x
Tue, 16 Jul 2024US$3.8tUS$457.1bUS$103.3b27.2x36.4x8.2x
Thu, 13 Jun 2024US$3.3tUS$457.1bUS$103.2b26.2x32.3x7.3x
Sat, 11 May 2024US$3.0tUS$456.7bUS$103.2b28x28.8x6.5x
Mon, 08 Apr 2024US$2.8tUS$457.8bUS$102.9b24.5x26.9x6.1x
Wed, 06 Mar 2024US$2.9tUS$457.8bUS$102.6b26x27.9x6.2x
Fri, 02 Feb 2024US$3.0tUS$456.3bUS$98.7b29.8x30.4x6.6x
Sun, 31 Dec 2023US$3.1tUS$455.3bUS$98.5b26.2x31.4x6.8x
Tue, 28 Nov 2023US$3.0tUS$456.1bUS$98.1b21.9x31x6.7x
Thu, 26 Oct 2023US$2.8tUS$453.7bUS$95.6b19.5x28.9x6.1x
Sat, 23 Sep 2023US$2.8tUS$453.9bUS$95.1b20.2x29.7x6.2x
Mon, 21 Aug 2023US$2.8tUS$454.0bUS$95.2b25.1x29.6x6.2x
Wed, 19 Jul 2023US$3.1tUS$456.4bUS$95.7b32.3x32.8x6.9x
Fri, 16 Jun 2023US$3.0tUS$456.4bUS$95.7b31x31.2x6.5x
Sun, 14 May 2023US$2.8tUS$456.5bUS$95.7b24.9x29.1x6.1x
Tue, 11 Apr 2023US$2.6tUS$460.6bUS$97.1b24.3x27.2x5.7x
Thu, 09 Mar 2023US$2.5tUS$460.5bUS$97.0b25.4x25.7x5.4x
Sat, 04 Feb 2023US$2.5tUS$466.9bUS$102.0b24.5x24.7x5.4x
Price to Earnings Ratio

24.7x


Total Market Cap: US$2.5tTotal Earnings: US$102.0bTotal Revenue: US$466.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 32.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Technology Hardware, Storage and Peripherals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 32.5x.
  • The 3-year average PS ratio of 6.9x is lower than the industry's current PS ratio of 7.6x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 3.1% per year over the last three years.
  • Revenues for these companies have grown 3.3% 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 Market0.12%
Tech-0.16%
Tech Hardware0.19%
Tech Hardware Storage and Peripherals0.19%
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$258.274.7%
+US$170.1b		8.4%PE33.9x
WDC Western DigitalUS$252.6613.3%
+US$10.2b		301.9%PE33.2x
STX Seagate Technology HoldingsUS$371.7614.0%
+US$10.0b		270.8%PE47.3x
SNDK SandiskUS$481.436.2%
+US$4.1b		n/aPS9.1x
DELL Dell TechnologiesUS$114.663.2%
+US$2.4b		13.2%PE14.6x

Latest News

SMCI
US$31.20
Super Micro Computer
7D
-0.7%
1Y
10.7%
IONQ
US$45.49
IonQ
7D
-10.2%
1Y
17.1%
GPGI
US$24.50
GPGI
7D
-5.8%
1Y
56.4%

GPGI: Margin Progress And Husky Deal Will Shape Balanced Future Outlook

Analysts lifted their price target on GPGI by US$4 to US$25, citing updated assumptions around discount rates, revenue growth, margins, and a higher future P/E multiple after reviewing recent research on CompoSecure and related card and equipment deals. Analyst Commentary Bullish Takeaways Bullish analysts point to recent Street work on CompoSecure, including higher price targets in the US$20 to US$26 range, as support for using a higher future P/E multiple in GPGI models tied to premium metal card demand.
DELL
US$114.66
Dell Technologies
7D
3.2%
1Y
13.2%

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.
HPQ
US$19.37
HP
7D
-2.2%
1Y
-40.8%

HPQ: Memory Supercycle Will Pressure Margins While Cost Plan Supports Future Upside

Analysts have trimmed their HP Inc. price expectations, with the updated fair value estimate moving slightly lower to about $25.01 from $25.88 as they factor in more cautious revenue growth, a modestly higher discount rate, and recent Street target cuts related to memory cost headwinds and softer printing trends.
PSTG
US$74.12
Pure Storage
7D
5.8%
1Y
10.9%
DBD
US$68.00
Diebold Nixdorf
7D
-0.9%
1Y
55.5%
AAPL
US$258.27
Apple
7D
4.7%
1Y
8.4%

Maintaining FV - it's all coming true

Am maintaining my FV on this one. This video does a great job of explaining the many years of weak product innovation, which will be hard to recover from.
STX
US$371.76
Seagate Technology Holdings
7D
14.0%
1Y
270.8%

STX: HDD Pricing Power And AI Data Demand Will Drive Future Upside

Analysts have raised their price targets for Seagate Technology Holdings, with our fair value estimate increasing from US$427.32 to US$459.66. In their updated models, they highlight stronger revenue growth, higher profit margins, and a lower assumed future P/E multiple.
NTAP
US$99.89
NetApp
7D
6.1%
1Y
-16.4%

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.
HPE
US$21.60
Hewlett Packard Enterprise
7D
5.9%
1Y
0.7%

HPE: Juniper Networking Integration And AI Supercomputers Will Drive Future Upside

Analysts have inched their blended fair value estimate for Hewlett Packard Enterprise up from about $26.28 to $26.44 per share, reflecting modest tweaks to discount rate, revenue growth, profit margin, and future P/E assumptions after recent research pointed to a stronger networking position following the Juniper merger, along with mixed views on hardware demand risks into 2026. Analyst Commentary Bullish Takeaways Bullish analysts see the Juniper merger as reinforcing Hewlett Packard Enterprise's role as a leading enterprise and campus networking vendor.
XRX
US$2.13
Xerox Holdings
7D
-15.1%
1Y
-76.7%

Is Xerox Holdings (NASDAQ:XRX) Using Too Much Debt?

Jan 20
Is Xerox Holdings (NASDAQ:XRX) Using Too Much Debt?
WDC
US$252.66
Western Digital
7D
13.3%
1Y
301.9%

WDC: Elevated HDD Pricing Assumptions Will Drive Future Downside Surprise Risk

Analysts have lifted their price target on Western Digital from US$42.07 to US$145.00, citing updated assumptions around revenue growth, profitability, and a higher future P/E multiple in line with recent bullish Street research. Analyst Commentary Recent Street research around Western Digital has clustered around higher price targets and more constructive earnings assumptions, but there are still some clear pockets of caution that are worth flagging if you are thinking about risk and reward.
SNDK
US$481.43
Sandisk
7D
6.2%
1Y
n/a
QUBT
US$11.31
Quantum Computing
7D
-5.2%
1Y
10.9%
BGIN
US$3.25
Bgin Blockchain
7D
-7.9%
1Y
n/a

Bgin Blockchain IPOs Into A Bear Market

Nov 18