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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJul 05, 2026
DataAggregated Company Financials
Companies52
  • 7D5.4%
  • 3M25.9%
  • 1Y59.7%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has risen 5.4%, driven by gains from Apple of 8.8%. During this same period, the Sandisk underperformed, falling 17%. This takes the industry's 12 month performance to a gain of 60%. Looking forward, earnings are forecast to grow by 12% 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, 05 Jul 2026US$5.3tUS$587.7bUS$137.9b37.9x38.7x9.1x
Tue, 02 Jun 2026US$5.4tUS$584.7bUS$136.6b46.5x39.6x9.2x
Thu, 30 Apr 2026US$4.5tUS$557.0bUS$122.9b30.5x36.8x8.1x
Sat, 28 Mar 2026US$4.1tUS$556.2bUS$122.6b23.7x33.4x7.4x
Mon, 23 Feb 2026US$4.3tUS$552.9bUS$121.7b27.4x35.3x7.8x
Wed, 21 Jan 2026US$3.9tUS$514.0bUS$111.8b29.3x34.8x7.6x
Fri, 19 Dec 2025US$4.2tUS$514.1bUS$111.9b22.1x37.8x8.2x
Sun, 16 Nov 2025US$4.2tUS$512.7bUS$113.1b26.5x37.5x8.3x
Tue, 14 Oct 2025US$3.8tUS$504.4bUS$100.3b28.8x38.4x7.6x
Thu, 11 Sep 2025US$3.5tUS$504.4bUS$100.3b24.9x35.3x7x
Sat, 09 Aug 2025US$3.4tUS$502.7bUS$100.7b19.9x33.9x6.8x
Mon, 07 Jul 2025US$3.3tUS$499.8bUS$98.6b20.4x33.8x6.7x
Wed, 04 Jun 2025US$3.1tUS$499.8bUS$99.9b17.7x31.4x6.3x
Fri, 02 May 2025US$3.3tUS$494.1bUS$101.1b13.8x32.6x6.7x
Sun, 30 Mar 2025US$3.4tUS$494.1bUS$101.2b14.1x33.4x6.8x
Tue, 25 Feb 2025US$3.9tUS$486.7bUS$100.5b21.8x38.4x7.9x
Thu, 23 Jan 2025US$3.5tUS$473.9bUS$97.2b24.3x35.9x7.4x
Sat, 21 Dec 2024US$3.9tUS$473.9bUS$97.2b25.8x40.1x8.2x
Mon, 18 Nov 2024US$3.5tUS$472.5bUS$96.4b22.1x36.4x7.4x
Wed, 16 Oct 2024US$3.7tUS$466.0bUS$106.7b20x34.5x7.9x
Fri, 13 Sep 2024US$3.5tUS$466.0bUS$106.7b21.7x32.8x7.5x
Sun, 11 Aug 2024US$3.4tUS$465.1bUS$106.7b22.8x31.9x7.3x
Tue, 09 Jul 2024US$3.6tUS$457.1bUS$103.3b27.2x35.1x7.9x
Thu, 06 Jun 2024US$3.1tUS$456.9bUS$103.3b28.7x30.3x6.8x
Sat, 04 May 2024US$2.9tUS$456.7bUS$103.3b25.5x28.5x6.5x
Mon, 01 Apr 2024US$2.8tUS$457.8bUS$102.9b24.6x27.3x6.1x
Wed, 28 Feb 2024US$2.9tUS$458.8bUS$102.5b27.9x28.6x6.4x
Fri, 26 Jan 2024US$3.1tUS$454.6bUS$98.4b28.8x31.7x6.9x
Sun, 24 Dec 2023US$3.1tUS$455.3bUS$98.5b26.6x31.6x6.8x
Tue, 21 Nov 2023US$3.0tUS$456.1bUS$98.1b22x31x6.7x
Thu, 19 Oct 2023US$2.8tUS$453.8bUS$95.1b23.6x29.9x6.3x
Sat, 16 Sep 2023US$2.8tUS$453.9bUS$95.1b22.4x29.6x6.2x
Mon, 14 Aug 2023US$2.9tUS$454.0bUS$95.2b25.8x30.2x6.3x
Wed, 12 Jul 2023US$3.1tUS$456.4bUS$95.7b31.4x31.9x6.7x
Price to Earnings Ratio

31.9x


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 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 38.7x which is higher than its 3-year average PE of 33.7x.
  • The 3-year average PS ratio of 7.2x is lower than the industry's current PS ratio of 9.1x.
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 Market1.63%
Tech0.61%
Tech Hardware5.43%
Tech Hardware Storage and Peripherals5.43%
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$308.638.8%
+US$365.0b		44.5%PE37x
P EverpureUS$72.715.1%
+US$1.2b		27.7%PE106.8x
GPGI GPGIUS$16.7511.2%
+US$489.9m		12.8%PS202299.1x
NTAP NetAppUS$154.171.1%
+US$337.0m		43.7%PE23.7x
CRSR Corsair GamingUS$8.903.4%
+US$31.0m		-7.3%PE100.5x

Latest News

AAPL
US$308.63
Apple
7D
8.8%
1Y
44.5%
SNDK
US$1,745.00
Sandisk
7D
-16.5%
1Y
3,660.0%
WDC
US$539.00
Western Digital
7D
-8.1%
1Y
715.7%
Seeking Alpha • Jul 04

Western Digital Falls Over The Cliff As AI Trade Cools - What's Next?

Summary WDC benefits from robust AI-driven demand, with the outsized cloud exposure at 89% of revenues and the supply constraints supporting the higher pricing power/richer profit margins. This is significantly aided by the long-term agreements through 2029 and the technological roadmap focused on the higher-capacity HDDs mitigating the potential oversupply/cyclical risks. These may have contributed to WDC's robust multi-year guidance of revenue growth at >20% and adj EPS of >$20, with it underscoring their AI inferencing beneficiary status. Despite the excellent multi-year fundamentals and the recent double digits meltdown, the stock is still trading at a premium P/E of 54.21x, with further downside risk as momentum reverses. WDC remains a Hold here, as the stock market also enters the seasonally softer Q3 months after the typically stronger June/July trading months, worsened by the elevated short interest ratio. Read the full article on Seeking Alpha
STX
US$820.16
Seagate Technology Holdings
7D
-8.9%
1Y
448.8%
SMCI
US$27.22
Super Micro Computer
7D
-11.1%
1Y
-43.9%
Seeking Alpha • Jul 03

Super Micro: Are Hyperscalers Taking Advantage?

Summary Super Micro Computer faces persistent governance and regulatory risks, recently highlighted by investigations into alleged illegal server exports to China. Despite these issues, SMCI remains a preferred supplier in the AI data center buildout, with revenue surging 123% to $10.2 billion last quarter. SMCI's weak cash conversion and thin margins persist, with high Days Sales Outstanding and ongoing capital needs despite strong net income. Margin expansion hinges on DCBBS hardware bundles, which could reach 25% of sales with 20% gross margins, but current software sales remain immaterial. Read the full article on Seeking Alpha
P
US$72.71
Everpure
7D
5.1%
1Y
27.7%
HPQ
US$21.93
HP
7D
-4.2%
1Y
-15.7%
NTAP
US$154.17
NetApp
7D
1.1%
1Y
43.7%
Narrative Update • Jul 02

NTAP: AI Infrastructure Momentum Will Mask Mounting Component Cost Pressures

The analyst price target for NetApp rises from $121.86 to $137.00 as analysts factor in recent price target increases across the Street tied to strong Q4 results, AI infrastructure demand, and expectations that the company can manage higher component costs while maintaining margins. Analyst Commentary Recent research on NetApp highlights a wide range of views, with many firms lifting price targets following strong Q4 results and increased interest in AI infrastructure.
VTIX
US$3.01
Virtuix Holdings
7D
7.9%
1Y
n/a
DELL
US$394.32
Dell Technologies
7D
-1.3%
1Y
214.9%
INFQ
US$12.31
Infleqtion
7D
-9.7%
1Y
n/a
GPGI
US$16.75
GPGI
7D
11.2%
1Y
12.8%
Narrative Update • Jul 01

GPGI: Index Removals And Neutral Outlook Will Temper But Not Erase Upside Potential

Analysts have lowered their price target on GPGI to $15 from $22, citing a shift toward smaller cap industrials with more resilient end markets and clearer growth drivers as uncertainty around the macro backdrop persists. What’s in the News for GPGI GPGI, Inc.
CRSR
US$8.90
Corsair Gaming
7D
3.4%
1Y
-7.3%
TBCH
US$12.55
Turtle Beach
7D
1.2%
1Y
-13.0%
HPE
US$41.23
Hewlett Packard Enterprise
7D
-5.7%
1Y
93.2%
Narrative Update • Jun 29

HPE: AI Server Pricing And Memory Inflation Will Constrain Future Upside Potential

The analyst price target for Hewlett Packard Enterprise has been raised sharply to $36.90 from $21.00, with analysts pointing to stronger AI-driven server and data center demand, improved profitability assumptions, and a modestly lower discount rate in updated models. Analyst Commentary Recent research coverage on Hewlett Packard Enterprise highlights a sharp shift in expectations, with many firms lifting price targets after the latest Q2 results and AI driven server momentum.
BGIN
US$1.97
Bgin Blockchain
7D
5.6%
1Y
n/a