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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJun 28, 2026
DataAggregated Company Financials
Companies50
  • 7D-6.0%
  • 3M26.8%
  • 1Y60.8%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has dropped 6.2%, driven by Apple declining 4.8%. Meanwhile, Quantinuum actually outperformed within the industry, gaining 8.3% in the last week. This takes the industry's 12 month performance to a gain of 64%. As for the next few years, earnings are expected to grow by 13% per annum.

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, 28 Jun 2026US$5.1tUS$587.7bUS$138.0b40.2x36.8x8.6x
Tue, 26 May 2026US$5.3tUS$584.2bUS$136.5b42.8x38.6x9x
Thu, 23 Apr 2026US$4.4tUS$556.1bUS$122.6b31x36.2x8x
Sat, 21 Mar 2026US$4.1tUS$556.1bUS$122.6b25.2x33.3x7.3x
Mon, 16 Feb 2026US$4.2tUS$552.9bUS$121.7b27x34.2x7.5x
Wed, 14 Jan 2026US$4.1tUS$514.0bUS$111.8b28.1x36.5x7.9x
Fri, 12 Dec 2025US$4.3tUS$514.1bUS$111.9b25.6x38.9x8.5x
Sun, 09 Nov 2025US$4.2tUS$512.7bUS$113.1b27.2x37.1x8.2x
Tue, 07 Oct 2025US$4.0tUS$504.4bUS$100.3b28.8x40.3x8x
Thu, 04 Sep 2025US$3.6tUS$502.9bUS$100.5b21.8x35.5x7.1x
Sat, 02 Aug 2025US$3.2tUS$502.4bUS$101.0b18.4x32.1x6.4x
Mon, 30 Jun 2025US$3.1tUS$500.2bUS$98.5b18.2x31.9x6.3x
Wed, 28 May 2025US$3.0tUS$499.7bUS$99.9b17x30.4x6.1x
Fri, 25 Apr 2025US$3.2tUS$494.1bUS$101.2b12.8x31.4x6.4x
Sun, 23 Mar 2025US$3.4tUS$494.0bUS$101.2b16.5x33.5x6.9x
Tue, 18 Feb 2025US$3.8tUS$479.7bUS$100.4b22.1x38x8x
Thu, 16 Jan 2025US$3.6tUS$473.9bUS$97.2b23.7x37.4x7.7x
Sat, 14 Dec 2024US$3.9tUS$473.9bUS$97.2b27.9x39.9x8.2x
Mon, 11 Nov 2024US$3.6tUS$472.6bUS$96.4b23.4x36.8x7.5x
Wed, 09 Oct 2024US$3.6tUS$466.0bUS$106.7b19.2x33.4x7.6x
Fri, 06 Sep 2024US$3.5tUS$466.1bUS$106.6b21.1x32.6x7.5x
Sun, 04 Aug 2024US$3.5tUS$461.9bUS$105.9b24.8x32.8x7.5x
Tue, 02 Jul 2024US$3.4tUS$457.1bUS$103.3b27.2x32.8x7.4x
Thu, 30 May 2024US$3.1tUS$456.7bUS$103.3b28.3x29.7x6.7x
Sat, 27 Apr 2024US$2.8tUS$458.2bUS$103.4b24.1x26.7x6x
Mon, 25 Mar 2024US$2.8tUS$457.8bUS$102.9b26.4x27.3x6.1x
Wed, 21 Feb 2024US$2.9tUS$458.7bUS$102.6b27.8x28.6x6.4x
Fri, 19 Jan 2024US$3.0tUS$454.7bUS$98.6b27.1x30.6x6.6x
Sun, 17 Dec 2023US$3.2tUS$455.3bUS$98.5b27.4x32.2x7x
Tue, 14 Nov 2023US$3.0tUS$456.1bUS$98.2b19x30.2x6.5x
Thu, 12 Oct 2023US$2.9tUS$453.8bUS$95.1b25.5x30.5x6.4x
Sat, 09 Sep 2023US$2.9tUS$453.9bUS$95.1b23.2x30.2x6.3x
Mon, 07 Aug 2023US$2.9tUS$453.5bUS$95.2b31.7x30.9x6.5x
Wed, 05 Jul 2023US$3.1tUS$456.4bUS$95.7b32.1x32.6x6.8x
Price to Earnings Ratio

32.6x


Total Market Cap: US$3.1tTotal 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 33.7x202420252026
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 33.7x.
  • The 3-year average PS ratio of 7.2x is lower than the industry's current PS ratio of 8.6x.
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 8.8% 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-2.52%
Tech-5.78%
Tech Hardware-6.04%
Tech Hardware Storage and Peripherals-6.04%
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
QNT QuantinuumUS$75.578.3%
+US$192.5m		n/aPS147.6x
GPGI GPGIUS$15.064.4%
+US$185.5m		6.3%PS181888.1x
DBD Diebold NixdorfUS$84.981.4%
+US$40.5m		53.3%PE27.3x
XRX Xerox HoldingsUS$3.319.6%
+US$37.9m		-37.3%PS0.06x
PMTS CPI Card GroupUS$20.3811.6%
+US$24.3m		-12.6%PE19.1x

Latest News

WDC
US$586.45
Western Digital
7D
-21.4%
1Y
826.6%
AAPL
US$283.78
Apple
7D
-4.8%
1Y
41.1%
STX
US$899.90
Seagate Technology Holdings
7D
-15.9%
1Y
536.2%
GPGI
US$15.06
GPGI
7D
4.4%
1Y
6.3%
DELL
US$399.49
Dell Technologies
7D
-2.4%
1Y
222.2%
Narrative Update • Jun 26

DELL: AI Infrastructure Orders Will Offset Rising Memory And CPU Constraints

Analysts have lifted the Dell Technologies fair value estimate from $246.00 to $651.24 as they factor in stronger AI driven server demand, higher projected revenue growth and margins, and a higher future P/E multiple, which is reflected in a series of sharply higher price targets across the Street. Analyst Commentary Street research around Dell Technologies has turned highly active, with a cluster of analysts lifting price targets into the US$400 to US$700 range and citing strong execution across AI servers, traditional servers, storage and PCs. These moves sit alongside a few valuation driven downgrades.
IONQ
US$49.31
IonQ
7D
-12.8%
1Y
22.5%
Narrative Update • Jun 26

IONQ: Policy Tailwinds Will Not Justify Current Quantum Adoption Hurdles

IonQ's updated analyst price target narrative reflects a modest fair value change to $44.78, as analysts balance more conservative revenue growth assumptions with improved margin expectations and supportive policy and research views on the quantum computing sector. Analyst Commentary Recent Street research on IonQ highlights both supportive policy tailwinds and company specific risks that could affect how investors think about valuation, execution and long term growth potential.
SNDK
US$2,090.71
Sandisk
7D
-4.3%
1Y
4,334.2%
Narrative Update • Jun 26

SNDK: AI Memory Contracts Will Eventually Expose Extreme Margin And Pricing Risk

Analysts have raised the SanDisk fair value estimate from $264.95 to $1,772.91, reflecting higher Street price targets, expectations for tight NAND supply through 2027, stronger AI-driven memory demand, and a more robust margin profile supported by improved pricing. Analyst Commentary Recent Street research on SanDisk points to a cluster of higher price targets, with analysts leaning heavily on tighter memory supply conditions, AI-related demand for DRAM and NAND, and firmer pricing to support their valuation work.
P
US$69.16
Everpure
7D
-7.3%
1Y
24.8%
HPE
US$43.71
Hewlett Packard Enterprise
7D
-7.8%
1Y
137.4%
PMTS
US$20.38
CPI Card Group
7D
11.6%
1Y
-12.6%
Narrative Update • Jun 24

PMTS: Long Term Partnerships And 2026 Delivery Will Support Future Upside

Analysts updated their CPI Card Group price target to $27.50. This reflects offsetting $5 cuts and $2 increases in recent research, while key valuation inputs such as fair value, discount rate, revenue growth, profit margin, and future P/E remain largely unchanged.
XRX
US$3.31
Xerox Holdings
7D
9.6%
1Y
-37.3%
Seeking Alpha • Jun 24

Xerox - Solid Returns, Proof Of Value Post-Q1'26

Summary Xerox (XRX) remains a speculative 'BUY' with a reiterated $6/share price target, supported by strong turnaround progress and Lexmark synergies. Q1'26 results confirmed revenue up 27%, tripled adjusted EBIT, and improved operating margin, validating the ongoing recovery thesis. XRX continues to address debt, enhance free cash flow, and maintain liquidity, with recent opportunistic debt buybacks and a 3.18% dividend yield. Despite a +50% rally, further upside is expected as the turnaround and synergies are not yet fully realized; bankruptcy risk remains minimal. Read the full article on Seeking Alpha
INFQ
US$13.63
Infleqtion
7D
0.7%
1Y
n/a
IMMR
US$7.02
Immersion
7D
5.1%
1Y
-8.6%
Seeking Alpha • Jun 22

Immersion Corporation: Another Value Play For The Patient Investor

Summary Immersion remains a value play, trading ~26.4% below its estimated $9/share underlying value. IMMR's upside is now more tied to BNED's turnaround and ongoing equity investments, as patent monetization catalysts have weakened and patent portfolio value is uncertain. The company maintains strong liquidity, no debt, and a forward dividend yield near 4.5%, providing a moderate baseline return for patient investors. While no near-term catalyst is evident, management's activist background and recent events suggest ongoing efforts to unlock shareholder value. Read the full article on Seeking Alpha
DBD
US$84.98
Diebold Nixdorf
7D
1.4%
1Y
53.3%
Narrative Update • Jun 22

DBD: ATM Service Wins And Earnings Momentum Will Support Bullish Re Rating

Analysts kept their $100.00 price target on Diebold Nixdorf unchanged, pointing to only modest tweaks in discount rate, revenue growth, profit margin, and future P/E assumptions that did not materially alter their valuation view. What’s in the News for Diebold Nixdorf Diebold Nixdorf reported Q1 2026 results with revenue 6.03% higher year over year and net profit up about 2.6x, which supported higher analyst forecasts for current quarter earnings per share.
KODK
US$9.57
Eastman Kodak
7D
1.8%
1Y
66.4%
Seeking Alpha • Jun 11

Eastman Kodak: Better Positioned, But Not Yet A Proven Turnaround

Summary Kodak is transitioning from legacy print to advanced materials and specialty manufacturing, with AM&C offering the most growth optionality. KODK's Q1 showed 7% revenue growth and improved margins, but recurring free cash flow remains negative due to working capital and commodity exposure. The balance sheet is now net cash positive, providing stability and room for strategic investments, yet FCF quality and capex needs remain key risks. I rate KODK a Hold; proof of recurring FCF and material AM&C growth is required for a bullish stance despite the attractive asset base. Read the full article on Seeking Alpha
QNT
US$75.57
Quantinuum
7D
8.3%
1Y
n/a