Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJul 28, 2026
DataAggregated Company Financials
Companies51
  • 7D2.8%
  • 3M25.3%
  • 1Y70.4%
  • YTDn/a

Last week, the Tech Hardware Storage and Peripherals industry hasn't moved much but Apple is up 3.2% in that time. The past year has been better, since the industry has gained 69% in that time. As for the next few years, earnings are expected to grow by 12% 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
Tue, 28 Jul 2026US$5.6tUS$587.7bUS$138.3b42.7x40.8x9.6x
Thu, 25 Jun 2026US$5.2tUS$587.7bUS$138.0b44.8x38x8.9x
Sat, 23 May 2026US$5.2tUS$584.2bUS$136.5b42.8x38.1x8.9x
Mon, 20 Apr 2026US$4.5tUS$556.1bUS$122.6b32x36.6x8.1x
Wed, 18 Mar 2026US$4.1tUS$556.1bUS$122.6b27x33.6x7.4x
Fri, 13 Feb 2026US$4.4tUS$552.8bUS$121.6b28.5x36.5x8x
Sun, 11 Jan 2026US$4.1tUS$514.0bUS$111.8b26.4x36.3x7.9x
Tue, 09 Dec 2025US$4.3tUS$514.1bUS$111.9b26.6x38.8x8.4x
Thu, 06 Nov 2025US$4.2tUS$513.1bUS$114.4b22.4x36.9x8.2x
Sat, 04 Oct 2025US$4.0tUS$504.4bUS$100.3b28.5x40.2x8x
Mon, 01 Sep 2025US$3.6tUS$502.9bUS$100.5b21.6x35.9x7.2x
Wed, 30 Jul 2025US$3.4tUS$500.2bUS$98.6b19.9x34x6.7x
Fri, 27 Jun 2025US$3.1tUS$500.2bUS$98.5b18.5x32x6.3x
Sun, 25 May 2025US$3.0tUS$499.7bUS$99.9b16.5x30.4x6.1x
Tue, 22 Apr 2025US$3.1tUS$494.0bUS$101.2b11.2x30.2x6.2x
Thu, 20 Mar 2025US$3.3tUS$494.0bUS$101.2b16.5x33.1x6.8x
Sat, 15 Feb 2025US$3.8tUS$479.7bUS$100.5b22.1x37.5x7.9x
Mon, 13 Jan 2025US$3.7tUS$473.9bUS$97.2b23.2x38.2x7.8x
Wed, 11 Dec 2024US$3.9tUS$473.9bUS$97.2b21.4x39.8x8.2x
Fri, 08 Nov 2024US$3.5tUS$472.6bUS$98.5b16.2x35.4x7.4x
Sun, 06 Oct 2024US$3.6tUS$466.0bUS$106.7b17.9x33.5x7.7x
Tue, 03 Sep 2024US$3.6tUS$465.4bUS$106.6b21.7x33.8x7.7x
Thu, 01 Aug 2024US$3.5tUS$456.9bUS$103.3b26.5x34.4x7.8x
Sat, 29 Jun 2024US$3.4tUS$457.1bUS$103.3b26.9x33.3x7.5x
Mon, 27 May 2024US$3.1tUS$456.7bUS$103.3b28.1x29.7x6.7x
Wed, 24 Apr 2024US$2.7tUS$457.6bUS$102.7b23.7x26.4x5.9x
Fri, 22 Mar 2024US$2.8tUS$457.8bUS$102.8b26.2x27.1x6.1x
Sun, 18 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.7x6.4x
Tue, 16 Jan 2024US$3.0tUS$454.7bUS$98.6b27.7x30.2x6.5x
Thu, 14 Dec 2023US$3.1tUS$455.3bUS$98.5b26.7x31.7x6.9x
Sat, 11 Nov 2023US$2.9tUS$456.1bUS$98.2b19x29.8x6.4x
Mon, 09 Oct 2023US$2.9tUS$453.8bUS$95.1b23.9x30.1x6.3x
Wed, 06 Sep 2023US$3.1tUS$453.9bUS$95.1b23.2x32.2x6.7x
Fri, 04 Aug 2023US$3.1tUS$454.6bUS$94.7b32.1x33x6.9x
Price to Earnings Ratio

33x


Total Market Cap: US$3.1tTotal Earnings: US$94.7bTotal Revenue: US$454.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 33.9x202420252026
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 40.8x which is higher than its 3-year average PE of 33.9x.
  • The 3-year average PS ratio of 7.3x is lower than the industry's current PS ratio of 9.6x.
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 8.9% 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-0.74%
Tech-0.84%
Tech Hardware2.75%
Tech Hardware Storage and Peripherals2.75%
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$336.913.2%
+US$151.6b		57.4%PE40.4x
DELL Dell TechnologiesUS$426.9111.8%
+US$29.1b		218.9%PE32.8x
HPE Hewlett Packard EnterpriseUS$48.198.1%
+US$4.8b		130.8%PE44.3x
SMCI Super Micro ComputerUS$29.8125.1%
+US$3.9b		-50.4%PE15.5x
WDC Western DigitalUS$497.922.2%
+US$3.6b		621.8%PE27x

Latest News

WDC
US$497.92
Western Digital
7D
2.2%
1Y
621.8%
SMCI
US$29.81
Super Micro Computer
7D
25.1%
1Y
-50.4%
SNDK
US$1,278.23
Sandisk
7D
-8.1%
1Y
2,951.4%
AAPL
US$336.91
Apple
7D
3.2%
1Y
57.4%
Narrative Update • Jul 27

AAPL: AI Ecosystem And Pricing Power Will Balance Legal And Execution Risks

The analyst fair value estimate for Apple has been raised from $312.72 to $319.02 as analysts factor in higher modeled revenue growth, slightly stronger profit margins, and a series of recent price target increases tied to the company's AI roadmap, pricing power, and broader ecosystem opportunities. Analyst Commentary Recent research on Apple points to a wide range of views on how the Apple Intelligence rollout, new pricing decisions, and ecosystem strength could feed into valuation, growth expectations, and execution risk.
STX
US$816.99
Seagate Technology Holdings
7D
1.8%
1Y
443.0%
Seeking Alpha • Jul 24

Seagate Earnings Preview: AI Tailwinds Remain, But Fading Sentiment Caps The Premium

Summary Seagate Technology Holdings plc is positioned for strong profitability as agentic AI drives surging storage demand and capacity allocation. STX benefits from a shift to higher-density storage, improved operating leverage, and recurring revenue from refresh cycles as enterprise AI adoption accelerates. Despite robust fundamentals, I downgrade STX to Buy with a $937 price target, reflecting waning AI sentiment and a more prudent valuation approach. Read the full article on Seeking Alpha
HPE
US$48.19
Hewlett Packard Enterprise
7D
8.1%
1Y
130.8%
DELL
US$426.91
Dell Technologies
7D
11.8%
1Y
218.9%
Narrative Update • Jul 24

DELL: AI Server Frenzy Will Eventually Meet Tight Memory Supply Ceiling

The analyst price target for Dell Technologies has been raised from $321.69 to $381.72. Analysts cite stronger modeled revenue growth, higher profit margins, and tighter AI server supply as key factors supporting the higher valuation and slightly lower discount rate assumptions.
GPGI
US$14.20
GPGI
7D
-2.0%
1Y
-0.6%
TBCH
US$12.35
Turtle Beach
7D
-4.9%
1Y
-16.3%
VTIX
US$2.18
Virtuix Holdings
7D
-21.9%
1Y
n/a
TACT
US$5.03
TransAct Technologies
7D
-3.0%
1Y
30.5%
NTAP
US$169.80
NetApp
7D
5.4%
1Y
58.8%
CAN
US$0.26
Canaan
7D
-2.6%
1Y
-64.8%
Narrative Update • Jul 14

CAN: Tether Immersion Mining And Buybacks Will Support Future Upside

Analysts have reduced their price target on Canaan to $1.69 from $2.05, citing updated assumptions that now factor in a small revenue decline, a higher discount rate, a slightly stronger profit margin, and a higher future P/E multiple. What’s in the News for Canaan Canaan reported unaudited bitcoin mining results for recent months, with 89 Bitcoins mined in March 2026, 90 Bitcoins in April 2026, 90 Bitcoins in May 2026, and 64 BTC in June 2026.
HPQ
US$26.55
HP
7D
9.6%
1Y
2.7%
Seeking Alpha • Jul 11

HP Is A High Yielding Undervalued Tech Stock (Technical Analysis)

Summary HP, Inc. is a high-yield, undervalued tech stock with a bullish technical setup and a nearly 5% dividend yield. HPQ demonstrates strong valuation and profitability grades, with recent upward revisions to EPS and revenue estimates supporting its investment case. Technical analysis shows HPQ trading above its 30-week EMA, with bullish momentum, volume, and relative strength versus the S&P 500. The dividend appears well-covered with a 35% payout ratio and 3.39x free cash flow coverage, despite a modest dividend safety grade. Read the full article on Seeking Alpha
AIMD
US$1.33
Ainos
7D
-16.4%
1Y
-50.4%
FOXX
US$2.46
Foxx Development Holdings
7D
-10.9%
1Y
-65.9%