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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedAug 28, 2026
DataAggregated Company Financials
Companies47
  • 7D0.5%
  • 3M-0.1%
  • 1Y49.0%
  • YTDn/a

The Tech Hardware Storage and Peripherals industry has been flat over the last week, but Sandisk has lost 7.2%. As for the the longer term, the industry is up 50% over the past 12 months. Earnings are forecast to grow by 9.7% 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, 28 Aug 2026US$5.3tUS$618.5bUS$156.0b32.5x34.3x8.6x
Sun, 26 Jul 2026US$5.6tUS$587.7bUS$138.3b41.9x40.8x9.6x
Tue, 23 Jun 2026US$5.4tUS$587.7bUS$138.0b44.5x39.1x9.2x
Thu, 21 May 2026US$5.1tUS$584.2bUS$136.5b41x37.1x8.7x
Sat, 18 Apr 2026US$4.4tUS$556.1bUS$122.6b32x35.7x7.9x
Mon, 16 Mar 2026US$4.1tUS$556.1bUS$122.6b23.4x33.1x7.3x
Wed, 11 Feb 2026US$4.4tUS$552.8bUS$121.6b28.5x36.5x8x
Fri, 09 Jan 2026US$4.1tUS$514.0bUS$111.8b24.7x36.6x8x
Sun, 07 Dec 2025US$4.3tUS$514.1bUS$111.9b26.1x38.8x8.4x
Tue, 04 Nov 2025US$4.2tUS$513.2bUS$114.5b24.6x36.8x8.2x
Thu, 02 Oct 2025US$4.0tUS$504.4bUS$100.3b29x39.7x7.9x
Sat, 30 Aug 2025US$3.6tUS$502.9bUS$100.5b21.6x36x7.2x
Mon, 28 Jul 2025US$3.3tUS$500.2bUS$98.6b19.8x34x6.7x
Wed, 25 Jun 2025US$3.1tUS$500.2bUS$98.5b18.3x31.7x6.3x
Fri, 23 May 2025US$3.1tUS$499.7bUS$99.9b16.4x31.4x6.3x
Sun, 20 Apr 2025US$3.1tUS$494.0bUS$101.2b11.7x30.2x6.2x
Tue, 18 Mar 2025US$3.3tUS$494.1bUS$101.2b16.7x32.8x6.7x
Thu, 13 Feb 2025US$3.6tUS$479.7bUS$100.5b20.8x36.1x7.6x
Sat, 11 Jan 2025US$3.8tUS$473.9bUS$97.2b23.2x39.1x8x
Mon, 09 Dec 2024US$3.8tUS$473.9bUS$97.2b23.2x39.3x8x
Wed, 06 Nov 2024US$3.5tUS$472.6bUS$98.6b14.9x35.2x7.3x
Fri, 04 Oct 2024US$3.6tUS$466.0bUS$106.7b17.9x33.3x7.6x
Sun, 01 Sep 2024US$3.6tUS$465.4bUS$106.6b21.7x33.8x7.7x
Tue, 30 Jul 2024US$3.5tUS$456.9bUS$103.3b26.1x33.7x7.6x
Thu, 27 Jun 2024US$3.4tUS$457.1bUS$103.3b26.8x32.6x7.4x
Sat, 25 May 2024US$3.0tUS$456.7bUS$103.3b28.1x29.2x6.6x
Mon, 22 Apr 2024US$2.7tUS$457.8bUS$102.9b23.4x26x5.8x
Wed, 20 Mar 2024US$2.9tUS$457.8bUS$102.8b26.9x27.9x6.3x
Fri, 16 Feb 2024US$3.0tUS$458.7bUS$102.6b28.1x29.1x6.5x
Sun, 14 Jan 2024US$3.0tUS$454.7bUS$98.6b27.7x30.2x6.5x
Tue, 12 Dec 2023US$3.1tUS$455.3bUS$98.5b26.7x31.5x6.8x
Thu, 09 Nov 2023US$2.9tUS$452.4bUS$97.0b18.7x30x6.4x
Sat, 07 Oct 2023US$2.9tUS$453.8bUS$95.1b23.9x30.1x6.3x
Mon, 04 Sep 2023US$3.1tUS$453.9bUS$95.1b23.3x32.1x6.7x
Price to Earnings Ratio

32.1x


Total Market Cap: US$3.1tTotal Earnings: US$95.1bTotal Revenue: US$453.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 34x202420252026
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 34.0x.
  • The 3-year average PS ratio of 7.4x is lower than the industry's current PS ratio of 8.5x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Market1.16%
Tech3.01%
Tech Hardware0.51%
Tech Hardware Storage and Peripherals0.51%
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$314.581.1%
+US$47.9b		35.3%PE35.6x
DELL Dell TechnologiesUS$472.268.6%
+US$24.2b		252.3%PE36.3x
HPE Hewlett Packard EnterpriseUS$54.412.9%
+US$2.0b		134.9%PE50x
SMCI Super Micro ComputerUS$38.463.3%
+US$789.2m		-7.4%PE11.3x
INFQ InfleqtionUS$14.3214.1%
+US$398.9m		41.8%PS76x

Latest News

HPQ
US$29.63
HP
7D
0.5%
1Y
4.5%
P
US$99.24
Everpure
7D
-9.8%
1Y
23.2%
WDC
US$462.00
Western Digital
7D
-1.5%
1Y
463.1%
INFQ
US$14.32
Infleqtion
7D
14.1%
1Y
41.8%
Seeking Alpha • 18h

Infleqtion: Can Quantum Sensing Fund The Qubit Future?

Summary Infleqtion is advancing neutral-atom quantum technology, with commercial traction in quantum sensing and atomic clock products, but quantum computing remains years from practical use. INFQ’s quantum sensing products, including Tiqker atomic clocks and SqyWire RF receivers, generate most revenue, targeting defense and infrastructure markets with high-margin contracts. While INFQ’s sensing business derisks the company relative to pure quantum computing plays, competition from established players like AOSense and larger rivals remains formidable. I remain on the sidelines due to high R&D burn, uncertain quantum computing outcomes, and the risk of being outpaced by better-funded competitors. Read the full article on Seeking Alpha
STX
US$847.20
Seagate Technology Holdings
7D
-0.3%
1Y
406.1%
HPE
US$54.41
Hewlett Packard Enterprise
7D
2.9%
1Y
134.9%
Seeking Alpha • Aug 26

Hewlett Packard Enterprise: The $80 Bull Flag Setup Ahead Of Q3 Earnings

Summary Hewlett Packard Enterprise is positioned for sustained AI infrastructure growth as corporate demand accelerates beyond hyperscalers. HPE's record $6.3B order backlog and 40% YoY revenue surge signal a durable shift in enterprise AI spending. Despite robust fundamentals, HPE trades at a P/E of ~15.6, well below peers, creating a compelling revaluation opportunity if growth is confirmed. I rate HPE Strong Buy, with technical and fundamental alignment targeting $80/share pending confirmation in the upcoming Q3 report. Read the full article on Seeking Alpha
AAPL
US$314.58
Apple
7D
1.1%
1Y
35.3%
CAN
US$0.44
Canaan
7D
58.8%
1Y
-41.7%
SMCI
US$38.46
Super Micro Computer
7D
3.3%
1Y
-7.4%
NTAP
US$190.64
NetApp
7D
-1.1%
1Y
62.6%
Narrative Update • Aug 24

NTAP: AI Storage Demand And Partnerships Will Offset Full Valuation Risks

NetApp's updated analyst price target of $210, up from $170, reflects a series of higher Street targets that cite stronger enterprise storage spending, AI infrastructure demand and recent earnings outperformance, even as analysts flag elevated expectations and full valuation risk. Analyst Commentary Recent research on NetApp highlights a mix of optimism around growth opportunities and caution around how much of that story may already be reflected in the stock.
SNDK
US$1,484.95
Sandisk
7D
-7.2%
1Y
2,819.1%
Seeking Alpha • Aug 24

Why Sandisk? Cyclicality Is Not The Only Open Question

Summary Two-thirds of Sandisk's impressive sequential revenue growth came from Pricing, only one-third from volume. One key question is, therefore, sustainability beyond the current rush driven by AI datacenter buildout. More notably, however, SNDK's growth projections closely track the overall flash storage market, with no expected market share gains. Given industry-wide drivers, rather than idiosyncratic ones, a Memory or Storage ETF might be preferable to single-stock exposure. Read the full article on Seeking Alpha
DELL
US$472.26
Dell Technologies
7D
8.6%
1Y
252.3%
Narrative Update • Aug 21

DELL: AI Server Cycle Will Eventually Confront Tight Supply Ceiling

Analysts have trimmed the fair value estimate for Dell Technologies slightly to $372.39, even as many raise formal price targets into the $430 to $700 range, based on expectations that AI driven server demand and an underappreciated storage portfolio can support stronger revenue and earnings over time. Analyst Commentary Recent commentary on Dell Technologies shows a wide spread in expectations, with many firms lifting long term price targets as they factor in AI servers, storage and higher forward guidance.
GPGI
US$13.26
GPGI
7D
3.7%
1Y
-32.9%
Seeking Alpha • Aug 20

GPGI: CompoSecure's Strength Can't Mask Husky's Cyclical Decline

Summary GPGI, Inc. (GPGI) receives a Hold rating due to high leverage, cyclical risk in Husky, and limited margin of safety. CompoSecure delivers robust growth and margins, but Husky’s revenue and profitability are sharply declining amid deferred CapEx and resin price volatility. Management’s full-year guidance depends on a significant H2 rebound in Husky, which appears optimistic given macro headwinds and sector cyclicality. GPGI trades at 9.8x EV/EBITDA and 18.4x P/E, but heavy debt and lack of catalysts warrant a cautious stance near the $13 price target. Read the full article on Seeking Alpha
KODK
US$9.47
Eastman Kodak
7D
-2.3%
1Y
63.6%
DBD
US$67.68
Diebold Nixdorf
7D
-0.2%
1Y
8.5%
BGIN
US$2.04
Bgin Blockchain
7D
-5.6%
1Y
n/a