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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedMar 22, 2026
DataAggregated Company Financials
Companies49
  • 7D-0.4%
  • 3M-5.3%
  • 1Y20.8%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has remained flat, although notably Sandisk gained 7.3%. The past year has been better, since the industry has gained 21% in that time. Earnings are forecast to grow by 9.8% 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
Sun, 22 Mar 2026US$4.0tUS$556.1bUS$122.6b25.2x33x7.3x
Tue, 17 Feb 2026US$4.2tUS$552.9bUS$121.7b27x34.2x7.5x
Thu, 15 Jan 2026US$4.1tUS$514.0bUS$111.8b28.3x36.5x7.9x
Sat, 13 Dec 2025US$4.3tUS$514.1bUS$111.9b24.3x38.8x8.4x
Mon, 10 Nov 2025US$4.2tUS$512.7bUS$113.1b27.2x37.1x8.2x
Wed, 08 Oct 2025US$4.0tUS$504.4bUS$100.3b28.9x40.2x8x
Fri, 05 Sep 2025US$3.7tUS$504.4bUS$100.3b23.1x36.9x7.3x
Sun, 03 Aug 2025US$3.2tUS$502.4bUS$101.0b18.4x31.2x6.3x
Tue, 01 Jul 2025US$3.1tUS$500.2bUS$98.5b19.6x31.9x6.3x
Thu, 29 May 2025US$3.1tUS$499.7bUS$99.9b17.2x31.2x6.2x
Sat, 26 Apr 2025US$3.2tUS$494.1bUS$101.2b13x32x6.5x
Mon, 24 Mar 2025US$3.4tUS$494.0bUS$101.2b16.5x33.5x6.9x
Wed, 19 Feb 2025US$3.8tUS$486.7bUS$100.5b23.5x38x7.9x
Fri, 17 Jan 2025US$3.7tUS$473.9bUS$97.2b23.9x38.2x7.8x
Sun, 15 Dec 2024US$3.9tUS$473.9bUS$97.2b27.9x40x8.2x
Tue, 12 Nov 2024US$3.6tUS$472.6bUS$96.4b23x36.8x7.5x
Thu, 10 Oct 2024US$3.6tUS$466.0bUS$106.7b19.7x33.4x7.6x
Sat, 07 Sep 2024US$3.5tUS$466.1bUS$106.6b20.1x32.5x7.4x
Mon, 05 Aug 2024US$3.5tUS$461.9bUS$105.9b24.8x32.8x7.5x
Wed, 03 Jul 2024US$3.5tUS$457.1bUS$103.3b27.1x33.7x7.6x
Fri, 31 May 2024US$3.1tUS$456.8bUS$103.3b28.4x29.8x6.8x
Sun, 28 Apr 2024US$2.8tUS$458.2bUS$103.4b24.1x26.7x6x
Tue, 26 Mar 2024US$2.8tUS$457.8bUS$102.9b26.1x27.3x6.1x
Thu, 22 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.6x6.4x
Sat, 20 Jan 2024US$3.1tUS$454.7bUS$98.6b28.3x31.1x6.7x
Mon, 18 Dec 2023US$3.2tUS$455.3bUS$98.5b27.4x32.2x7x
Wed, 15 Nov 2023US$3.0tUS$456.1bUS$98.2b19.5x30.2x6.5x
Fri, 13 Oct 2023US$2.9tUS$453.8bUS$95.1b24.2x30.5x6.4x
Sun, 10 Sep 2023US$2.9tUS$453.9bUS$95.1b23.2x30.3x6.3x
Tue, 08 Aug 2023US$2.9tUS$453.5bUS$95.2b32.4x30.4x6.4x
Thu, 06 Jul 2023US$3.1tUS$456.4bUS$95.7b31.9x32.4x6.8x
Sat, 03 Jun 2023US$2.9tUS$456.4bUS$95.7b30.2x30.6x6.4x
Mon, 01 May 2023US$2.8tUS$460.6bUS$97.2b21.7x28.3x6x
Wed, 29 Mar 2023US$2.6tUS$460.6bUS$97.0b23.4x26.4x5.6x
Price to Earnings Ratio

26.4x


Total Market Cap: US$2.6tTotal Earnings: US$97.0bTotal Revenue: US$460.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 33x202420252026
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 33.0x.
  • The industry is trading close to its 3-year average PS ratio of 7.0x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 8.1% per year over the last three years.
  • Revenues for these companies have grown 6.5% 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-1.83%
Tech-1.68%
Tech Hardware-0.42%
Tech Hardware Storage and Peripherals-0.42%
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
SNDK SandiskUS$709.717.3%
+US$7.1b		1,215.3%PS11.7x
WDC Western DigitalUS$293.107.6%
+US$7.1b		571.3%PE25.2x
STX Seagate Technology HoldingsUS$411.237.2%
+US$6.2b		365.9%PE46.8x
DELL Dell TechnologiesUS$157.674.0%
+US$1.3b		61.6%PE17.2x
NTAP NetAppUS$101.112.5%
+US$483.5m		9.6%PE16.5x

Latest News

SMCI
US$20.53
Super Micro Computer
7D
-33.2%
1Y
-51.3%
STX
US$411.23
Seagate Technology Holdings
7D
7.2%
1Y
365.9%
AAPL
US$247.99
Apple
7D
-0.9%
1Y
13.6%
HPE
US$21.69
Hewlett Packard Enterprise
7D
0.5%
1Y
35.1%

HPE: Juniper Merger And Memory Costs Will Shape AI Infrastructure Outlook

Analysts have modestly lifted their average price targets on Hewlett Packard Enterprise into the mid to high $20s, reflecting recent research that highlights resilient demand, higher long term guidance, and an improved networking profile following the Juniper merger, while still acknowledging risks such as memory cost inflation and mixed end market commentary. Analyst Commentary Recent research on Hewlett Packard Enterprise reflects a mix of confidence in the long term story and caution around near term execution, cost trends, and demand quality.
WDC
US$293.10
Western Digital
7D
7.6%
1Y
571.3%

Western Digital Corp (WDC): The HDD Renaissance and the "Road to $20 EPS"

Western Digital has successfully rebranded itself as the "Pure-Play" king of mass-capacity storage. By shedding the volatile NAND Flash segment, the company has allowed its Nearline HDD business to shine as the fundamental backbone of the AI data economy.
NTAP
US$101.11
NetApp
7D
2.5%
1Y
9.6%
PSTG
US$62.63
Everpure
7D
1.8%
1Y
22.4%

PSTG: Accelerating Large Deal Bookings Will Support AI And Hyperscaler Demand

Everpure's analyst price target has been nudged higher to $71.60 from $70.60 as analysts weigh faster big deal bookings and solid FY27 guidance against softer revenue growth, slimmer margins, and a higher assumed future P/E multiple tied to recent Pure Storage research updates. Analyst Commentary Recent Street research on Pure Storage, a key peer for Everpure, provides helpful context for how investors are thinking about large deal momentum, margins, and FY27 guidance.
HPQ
US$18.27
HP
7D
-3.5%
1Y
-36.3%
TBCH
US$11.21
Turtle Beach
7D
-15.5%
1Y
-23.0%

TBCH: Weaker Gaming Accessory Demand Will Pressure Near Term Earnings Power

Analysts have trimmed our Turtle Beach fair value estimate from $13.50 to $11.00, as lower price targets and softer near term gaming accessory demand more than offset higher projected revenue growth, margin improvement, and a reduced future P/E multiple in their updated models. Analyst Commentary Recent research updates show that several bearish analysts are trimming their expectations for Turtle Beach, even as they maintain generally positive ratings on the shares.
GPGI
US$17.06
GPGI
7D
3.3%
1Y
51.0%
INFQ
US$8.81
Infleqtion
7D
-12.6%
1Y
n/a
QUBT
US$6.96
Quantum Computing
7D
-4.7%
1Y
-5.8%
IONQ
US$31.20
IonQ
7D
-5.4%
1Y
40.2%

IonQ: Exceptional Technology but Valuation Far Ahead of Financial Reality

Artificial intelligence has dominated technology markets in recent years and driven enormous investment into computing infrastructure. If AI represents the current frontier of computing, quantum computing could represent the next major paradigm shift.
DELL
US$157.67
Dell Technologies
7D
4.0%
1Y
61.6%
XRX
US$1.36
Xerox Holdings
7D
-18.1%
1Y
-75.3%
SNDK
US$709.71
Sandisk
7D
7.3%
1Y
1,215.3%