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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedAug 25, 2026
DataAggregated Company Financials
Companies48
  • 7D-1.5%
  • 3M-0.02%
  • 1Y51.0%
  • YTDn/a

In the last week, the Tech Hardware Storage and Peripherals industry is down 1.5% with Seagate Technology Holdings down the most at 20%. Over the past 12 months, the industry was up 51%. 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
Wed, 26 Aug 2026US$5.3tUS$618.4bUS$156.0b31.9x33.9x8.6x
Fri, 24 Jul 2026US$5.6tUS$587.7bUS$138.2b41.2x40.4x9.5x
Sun, 21 Jun 2026US$5.4tUS$587.7bUS$138.0b43.6x39x9.2x
Tue, 19 May 2026US$5.1tUS$584.2bUS$136.5b39.7x37.5x8.7x
Thu, 16 Apr 2026US$4.3tUS$556.1bUS$122.6b31.2x35.1x7.7x
Sat, 14 Mar 2026US$4.1tUS$556.1bUS$122.6b23.4x33.7x7.4x
Mon, 09 Feb 2026US$4.5tUS$552.7bUS$121.6b29.5x36.9x8.1x
Wed, 07 Jan 2026US$4.2tUS$514.0bUS$111.8b28.8x37.4x8.1x
Fri, 05 Dec 2025US$4.4tUS$512.9bUS$113.1b26.2x38.6x8.5x
Sun, 02 Nov 2025US$4.2tUS$513.2bUS$114.5b24.2x36.9x8.2x
Tue, 30 Sep 2025US$4.0tUS$504.4bUS$100.3b26.3x39.6x7.9x
Thu, 28 Aug 2025US$3.6tUS$502.8bUS$100.5b21.7x35.4x7.1x
Sat, 26 Jul 2025US$3.3tUS$500.2bUS$98.6b19.8x33.9x6.7x
Mon, 23 Jun 2025US$3.1tUS$500.2bUS$98.5b17.5x31.8x6.3x
Wed, 21 May 2025US$3.2tUS$499.7bUS$99.9b16.6x32.5x6.5x
Fri, 18 Apr 2025US$3.1tUS$494.0bUS$101.2b11.7x30.2x6.2x
Sun, 16 Mar 2025US$3.3tUS$494.1bUS$101.2b16.5x32.8x6.7x
Tue, 11 Feb 2025US$3.6tUS$479.7bUS$100.5b21.7x35.4x7.4x
Thu, 09 Jan 2025US$3.8tUS$473.9bUS$97.2b23.6x39x8x
Sat, 07 Dec 2024US$3.8tUS$473.9bUS$97.2b23.2x39.2x8x
Mon, 04 Nov 2024US$3.5tUS$472.6bUS$98.6b14.6x35.3x7.4x
Wed, 02 Oct 2024US$3.7tUS$466.0bUS$106.7b17.6x34.4x7.9x
Fri, 30 Aug 2024US$3.6tUS$465.2bUS$106.5b22x33.5x7.7x
Sun, 28 Jul 2024US$3.5tUS$456.9bUS$103.3b26.3x33.7x7.6x
Tue, 25 Jun 2024US$3.3tUS$457.1bUS$103.3b26.4x32.4x7.3x
Thu, 23 May 2024US$3.1tUS$456.7bUS$103.3b27x30x6.8x
Sat, 20 Apr 2024US$2.7tUS$457.8bUS$102.9b23.8x26.5x6x
Mon, 18 Mar 2024US$2.8tUS$457.8bUS$102.8b26.4x27.4x6.2x
Wed, 14 Feb 2024US$3.0tUS$458.7bUS$102.6b28.3x29.1x6.5x
Fri, 12 Jan 2024US$3.0tUS$454.7bUS$98.6b27.8x30.4x6.6x
Sun, 10 Dec 2023US$3.1tUS$455.3bUS$98.5b26.6x31.9x6.9x
Tue, 07 Nov 2023US$2.8tUS$452.4bUS$97.1b20.4x29.2x6.3x
Thu, 05 Oct 2023US$2.8tUS$453.8bUS$95.1b23.2x29.5x6.2x
Sat, 02 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 8.6x.
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 Market-1.55%
Tech-4.91%
Tech Hardware-1.54%
Tech Hardware Storage and Peripherals-1.54%
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
SMCI Super Micro ComputerUS$38.462.8%
+US$679.2m		-13.3%PE11.3x
GPGI GPGIUS$13.598.5%
+US$310.2m		-31.3%PS164150.3x
INFQ InfleqtionUS$13.837.1%
+US$207.3m		36.7%PS73.4x
CAN CanaanUS$0.4291.3%
+US$148.2m		-44.5%PS0.6x
BGIN Bgin BlockchainUS$2.056.8%
+US$14.7m		n/aPS3.4x

Latest News

CAN
US$0.42
Canaan
7D
91.3%
1Y
-44.5%
AAPL
US$309.90
Apple
7D
-0.04%
1Y
35.1%
SMCI
US$38.46
Super Micro Computer
7D
2.8%
1Y
-13.3%
P
US$102.81
Everpure
7D
-12.2%
1Y
75.6%
Narrative Update • Aug 25

P: AI Data Leadership And Hyperscaler Wins Will Support Future Premium P/E

Analysts have lifted their fair value estimate for Everpure from $118.52 to $158.01, citing slightly higher assumptions for revenue growth, profit margins and future P/E as key drivers of the updated price target. What’s in the News for Everpure Everpure was named a Leader in the 2026 Gartner Magic Quadrant for Enterprise Storage Platforms for the second year in a row, with recognition for both execution and vision.
NTAP
US$187.43
NetApp
7D
-8.4%
1Y
71.3%
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$1,480.77
Sandisk
7D
-8.9%
1Y
3,027.3%
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
STX
US$821.67
Seagate Technology Holdings
7D
-9.1%
1Y
397.3%
DELL
US$451.50
Dell Technologies
7D
-3.7%
1Y
244.7%
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$13.59
GPGI
7D
8.5%
1Y
-31.3%
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
INFQ
US$13.83
Infleqtion
7D
7.1%
1Y
36.7%
WDC
US$450.75
Western Digital
7D
-9.2%
1Y
465.5%
HPE
US$53.44
Hewlett Packard Enterprise
7D
-4.0%
1Y
137.5%
Seeking Alpha • Aug 19

Hewlett Packard Enterprise's AI Networking Is Impressive, Even After The Rally

Summary Hewlett Packard Enterprise Company has surged over 130% YTD, driven by robust AI hardware and integrated solutions demand. HPE’s Q2 2026 results were exceptional: revenue up 40% YoY to $10.68B, gross margin expanded to 36.9%, and free cash flow hit $915M. Record backlog and strong AI bookings underpin raised guidance for 2026–2027, but supply chain constraints and execution risks remain critical. HPE stock trades at a discount to peers (~16x forward P/E), but much optimism is priced in; I favor a small position and would await a pullback. Read the full article on Seeking Alpha
PMTS
US$28.95
CPI Card Group
7D
4.2%
1Y
79.6%
TBCH
US$12.85
Turtle Beach
7D
3.6%
1Y
-16.8%
Analysis Article • Aug 09

Analysts Have Been Trimming Their Turtle Beach Corporation (NASDAQ:TBCH) Price Target After Its Latest Report

Turtle Beach Corporation ( NASDAQ:TBCH ) missed earnings with its latest quarterly results, disappointing...
IMMR
US$7.66
Immersion
7D
1.7%
1Y
10.5%
BGIN
US$2.05
Bgin Blockchain
7D
6.8%
1Y
n/a