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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedMay 19, 2026
DataAggregated Company Financials
Companies49
  • 7D-0.1%
  • 3M18.1%
  • 1Y56.8%
  • YTDn/a

In the last week, the Tech Hardware Storage and Peripherals industry is flat overall, with Sandisk standing out by going down 14%. The past year has been better, since the industry has gained 57% in that time. 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
Wed, 20 May 2026US$5.1tUS$584.2bUS$136.5b39.7x37.5x8.7x
Fri, 17 Apr 2026US$4.4tUS$556.1bUS$122.6b31.1x36x7.9x
Sun, 15 Mar 2026US$4.1tUS$556.1bUS$122.6b23.4x33.1x7.3x
Tue, 10 Feb 2026US$4.5tUS$552.7bUS$121.6b29.4x36.9x8.1x
Thu, 08 Jan 2026US$4.1tUS$514.0bUS$111.8b26.3x36.9x8x
Sat, 06 Dec 2025US$4.4tUS$514.1bUS$111.9b26.1x39x8.5x
Mon, 03 Nov 2025US$4.2tUS$513.2bUS$114.5b24.2x36.9x8.2x
Wed, 01 Oct 2025US$4.0tUS$504.4bUS$100.3b27.2x39.6x7.9x
Fri, 29 Aug 2025US$3.6tUS$502.9bUS$100.5b22.2x35.6x7.1x
Sun, 27 Jul 2025US$3.3tUS$500.2bUS$98.6b19.8x34x6.7x
Tue, 24 Jun 2025US$3.1tUS$500.2bUS$98.5b17.6x31.9x6.3x
Thu, 22 May 2025US$3.2tUS$499.7bUS$99.9b16.3x32.2x6.4x
Sat, 19 Apr 2025US$3.1tUS$494.0bUS$101.2b11.7x30.2x6.2x
Mon, 17 Mar 2025US$3.3tUS$494.1bUS$101.2b16.5x32.8x6.7x
Wed, 12 Feb 2025US$3.6tUS$479.7bUS$100.5b21.1x35.4x7.4x
Fri, 10 Jan 2025US$3.8tUS$473.9bUS$97.2b23.6x39.1x8x
Sun, 08 Dec 2024US$3.8tUS$473.9bUS$97.2b23.2x39.3x8x
Tue, 05 Nov 2024US$3.5tUS$472.6bUS$98.6b14.5x35.3x7.4x
Thu, 03 Oct 2024US$3.7tUS$466.0bUS$106.7b17.6x34.4x7.9x
Sat, 31 Aug 2024US$3.6tUS$465.4bUS$106.6b21.7x33.9x7.8x
Mon, 29 Jul 2024US$3.5tUS$456.9bUS$103.3b26.3x33.7x7.6x
Wed, 26 Jun 2024US$3.3tUS$457.1bUS$103.3b26.7x32.4x7.3x
Fri, 24 May 2024US$3.1tUS$456.7bUS$103.3b27.5x29.8x6.7x
Sun, 21 Apr 2024US$2.7tUS$457.8bUS$102.9b23.4x26x5.8x
Tue, 19 Mar 2024US$2.8tUS$457.8bUS$102.8b26.6x27.5x6.2x
Thu, 15 Feb 2024US$3.0tUS$458.7bUS$102.6b28.2x29.1x6.5x
Sat, 13 Jan 2024US$3.0tUS$454.7bUS$98.6b27.7x30.2x6.5x
Mon, 11 Dec 2023US$3.1tUS$455.3bUS$98.5b26.6x31.9x6.9x
Wed, 08 Nov 2023US$2.9tUS$452.4bUS$97.1b20.4x29.6x6.4x
Fri, 06 Oct 2023US$2.8tUS$453.8bUS$95.1b23.8x29.7x6.2x
Sun, 03 Sep 2023US$3.1tUS$453.9bUS$95.1b23.3x32.1x6.7x
Tue, 01 Aug 2023US$3.2tUS$456.4bUS$95.7b33x33.5x7x
Thu, 29 Jun 2023US$3.1tUS$456.4bUS$95.7b31.6x32x6.7x
Sat, 27 May 2023US$2.8tUS$456.3bUS$95.6b29.3x29.7x6.2x
Price to Earnings Ratio

29.7x


Total Market Cap: US$2.8tTotal Earnings: US$95.6bTotal Revenue: US$456.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 33.4x202420252026
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 37.5x which is higher than its 3-year average PE of 33.4x.
  • The 3-year average PS ratio of 7.1x is lower than the industry's current PS ratio of 8.7x.
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 Market-0.67%
Tech-1.21%
Tech Hardware-0.13%
Tech Hardware Storage and Peripherals-0.13%
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$297.841.8%
+US$75.8b		42.7%PE35.7x
HPE Hewlett Packard EnterpriseUS$33.006.9%
+US$2.8b		89.0%PS1.2x
NTAP NetAppUS$120.602.4%
+US$566.3m		18.8%PE19.6x
PMTS CPI Card GroupUS$16.145.6%
+US$9.8m		-26.1%PE15.1x
BGIN Bgin BlockchainUS$3.991.3%
+US$5.6m		n/aPS6.7x

Latest News

SMCI
US$30.85
Super Micro Computer
7D
-8.0%
1Y
-31.1%
MOVE
US$18.44
Corvex
7D
31.4%
1Y
178.9%
IONQ
US$49.31
IonQ
7D
-13.3%
1Y
40.5%
Seeking Alpha • 14h

IonQ: Solidifying Its Leadership Position, Staying Bullish

Summary IonQ, Inc. stands as the leading pure-play quantum computing company, with recent technological and financial milestones reinforcing its early leadership. IONQ's Q1 revenue surged 754% YoY to $64.7M, with remaining performance obligations up 554% YoY to $470M and a robust $3.1B cash position. Technological progress, especially in networking capabilities and the presale of a 256-qubit system, remains the primary investment driver over near-term financial metrics. I remain bullish on IONQ's multi-year outlook, expecting further revenue scaling and potential acquisition interest from major tech players. Read the full article on Seeking Alpha
HPE
US$33.00
Hewlett Packard Enterprise
7D
6.9%
1Y
89.0%
DELL
US$238.03
Dell Technologies
7D
-3.6%
1Y
108.3%
Seeking Alpha • May 18

Dell Brings Hybrid AI Vision To Life

Summary At Dell Technologies World in Las Vegas last week, Dell rolled out meaningful updates to the AI Factory platform it launched with Nvidia two years ago, all aimed at solving one of the industry's most persistent challenges: actually getting AI from proof-of-concept into production. On the hardware side, the company introduced a refreshed PowerRack lineup combining new PowerScale storage options with updated high-speed networking - a more complete, pre-integrated foundation for enterprise AI systems. More interesting, from a differentiation standpoint, is Dell's push into what it calls "deskside" AI - running local LLMs directly on workstations using Nvidia's NemoClaw software. On the software side, the most significant update was to Dell's AI Data Orchestration engine, which uses tools like Nvidia NIMs to help organizations turn their proprietary data into productive AI workflows. Read the full article on Seeking Alpha
WDC
US$458.68
Western Digital
7D
-11.1%
1Y
804.3%
Narrative Update • May 18

WDC: AI Storage Demand And EPS Floor Will Shape Balanced Outlook

Western Digital's updated analyst price target has moved from about $372 to roughly $508, as analysts factor in higher projected revenue growth, wider profit margins, and a slightly adjusted discount rate alongside expectations for a lower future P/E multiple. Analyst Commentary Recent Street research on Western Digital has been dominated by a series of higher price targets, with multiple firms lifting their valuations by double and triple digits.
P
US$77.07
Everpure
7D
-11.8%
1Y
37.0%
STX
US$740.84
Seagate Technology Holdings
7D
-11.2%
1Y
579.4%
SNDK
US$1,333.01
Sandisk
7D
-13.9%
1Y
3,337.4%
NTAP
US$120.60
NetApp
7D
2.4%
1Y
18.8%
WLDS
US$0.87
Wearable Devices
7D
-14.6%
1Y
-81.5%
AAPL
US$297.84
Apple
7D
1.8%
1Y
42.7%
Narrative Update • May 15

AAPL: AI Spending And Rising Input Costs Will Pressure Future Margins

Analysts have raised the implied fair value for Apple stock from about $231.03 to roughly $235.23, citing confidence in the company's AI powered ecosystem, higher margin Services mix, resilient cash generation, and earnings compounding potential supported by premium hardware and an expanding product breadth. Analyst Commentary Across recent research, Apple continues to attract a wide range of views, with several firms lifting price targets and highlighting the role of AI, Services and cash generation.
TACT
US$3.77
TransAct Technologies
7D
14.9%
1Y
-3.6%
PMTS
US$16.14
CPI Card Group
7D
5.6%
1Y
-26.1%
Analysis Article • May 13

CPI Card Group's (NASDAQ:PMTS) Soft Earnings Don't Show The Whole Picture

The most recent earnings report from CPI Card Group Inc. ( NASDAQ:PMTS ) was disappointing for shareholders. While the...
HPQ
US$20.92
HP
7D
-3.5%
1Y
-28.1%
Narrative Update • May 12

HPQ: Rising Memory Costs Will Compress Margins And Challenge 2026 EPS Guide

Analysts have broadly reduced HP's targets, with several firms cutting their price targets by $2 to $9 to a range of around $16 to $22, citing rising memory costs, pressure on PC and printer demand, and questions around the durability of the company's FY26 EPS guidance. Analyst Commentary Recent research on HP clusters around a similar message for investors: the stock may look inexpensive on headline metrics, but many bearish analysts see that as a value trap risk rather than a clear opportunity, given the pressures on earnings and cash flow guidance.
BGIN
US$3.99
Bgin Blockchain
7D
1.3%
1Y
n/a