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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedAug 04, 2026
DataAggregated Company Financials
Companies51
  • 7D-8.1%
  • 3M5.5%
  • 1Y63.4%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has dropped 8.1%, driven by a pullback from Apple of 9.0%. On the other hand Sandisk is actually up 30%. This takes the industry's 12 month performance to a gain of 63%. Looking forward, 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, 05 Aug 2026US$5.2tUS$604.6bUS$145.5b44.3x35.5x8.5x
Fri, 03 Jul 2026US$5.2tUS$587.7bUS$137.9b37.9x37.9x8.9x
Sun, 31 May 2026US$5.4tUS$584.7bUS$136.6b46.5x39.6x9.2x
Tue, 28 Apr 2026US$4.5tUS$556.0bUS$122.4b30.3x36.6x8.1x
Thu, 26 Mar 2026US$4.1tUS$556.1bUS$122.6b25.4x33.7x7.4x
Sat, 21 Feb 2026US$4.2tUS$552.9bUS$121.7b27.4x34.7x7.6x
Mon, 19 Jan 2026US$4.0tUS$514.0bUS$111.8b29.1x36x7.8x
Wed, 17 Dec 2025US$4.3tUS$514.1bUS$111.9b23.8x38.1x8.3x
Fri, 14 Nov 2025US$4.3tUS$512.7bUS$113.1b26.4x37.8x8.3x
Sun, 12 Oct 2025US$3.8tUS$504.4bUS$100.3b28.3x38.4x7.6x
Tue, 09 Sep 2025US$3.7tUS$504.4bUS$100.3b22.7x36.9x7.3x
Thu, 07 Aug 2025US$3.3tUS$502.7bUS$100.9b18.9x32.9x6.6x
Sat, 05 Jul 2025US$3.3tUS$499.9bUS$98.6b20.4x33.9x6.7x
Mon, 02 Jun 2025US$3.1tUS$499.8bUS$100.0b16.9x31.2x6.3x
Wed, 30 Apr 2025US$3.3tUS$494.1bUS$101.2b12.9x32.2x6.6x
Fri, 28 Mar 2025US$3.4tUS$494.1bUS$101.2b14.3x34x7x
Sun, 23 Feb 2025US$3.8tUS$486.7bUS$100.5b22.6x38.2x7.9x
Tue, 21 Jan 2025US$3.6tUS$473.9bUS$97.2b23.8x37x7.6x
Thu, 19 Dec 2024US$4.0tUS$473.9bUS$97.2b26.4x40.8x8.4x
Sat, 16 Nov 2024US$3.6tUS$472.5bUS$96.4b22.1x36.9x7.5x
Mon, 14 Oct 2024US$3.6tUS$466.0bUS$106.7b20.1x33.6x7.7x
Wed, 11 Sep 2024US$3.5tUS$466.0bUS$106.7b20.9x32.5x7.5x
Fri, 09 Aug 2024US$3.3tUS$465.1bUS$106.7b24.7x31x7.1x
Sun, 07 Jul 2024US$3.6tUS$457.1bUS$103.3b26.9x35.1x7.9x
Tue, 04 Jun 2024US$3.1tUS$456.8bUS$103.3b28.6x30x6.8x
Thu, 02 May 2024US$2.8tUS$460.8bUS$103.7b24x26.7x6x
Sat, 30 Mar 2024US$2.8tUS$457.8bUS$102.9b24.6x27.3x6.1x
Mon, 26 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.7x6.4x
Wed, 24 Jan 2024US$3.1tUS$454.7bUS$98.6b28.7x31.5x6.8x
Fri, 22 Dec 2023US$3.1tUS$455.3bUS$98.5b27.7x31.8x6.9x
Sun, 19 Nov 2023US$3.0tUS$456.1bUS$98.1b22x31x6.7x
Tue, 17 Oct 2023US$2.9tUS$453.8bUS$95.1b24.1x30.2x6.3x
Thu, 14 Sep 2023US$2.8tUS$453.9bUS$95.1b22.4x29.6x6.2x
Sat, 12 Aug 2023US$2.9tUS$454.0bUS$95.2b25.8x30.2x6.3x
Price to Earnings Ratio

30.2x


Total Market Cap: US$2.9tTotal Earnings: US$95.2bTotal Revenue: US$454.0bTotal 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 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 33.9x.
  • The 3-year average PS ratio of 7.3x is lower than the industry's current PS ratio of 8.5x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 10% 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 Market2.39%
Tech4.03%
Tech Hardware-8.06%
Tech Hardware Storage and Peripherals-8.06%
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$1.43k30.4%
+US$49.3b		3,308.7%PE47x
DELL Dell TechnologiesUS$467.2719.2%
+US$48.6b		258.1%PE35.9x
WDC Western DigitalUS$548.6218.4%
+US$29.3b		623.4%PE29.8x
STX Seagate Technology HoldingsUS$845.2313.1%
+US$22.2b		457.0%PE60.3x
HPE Hewlett Packard EnterpriseUS$52.3914.9%
+US$9.0b		163.7%PE48.2x

Latest News

HPE
US$52.39
Hewlett Packard Enterprise
7D
14.9%
1Y
163.7%
AAPL
US$309.38
Apple
7D
-9.0%
1Y
52.5%
P
US$83.92
Everpure
7D
15.0%
1Y
49.9%
Seeking Alpha • 16h

Everpure: Memory Shortages Are Creating An Unexpected Opportunity - Strong Buy

Summary Everpure is transforming from a data storage provider to a data management platform, aiming to be the control center between enterprise data and AI infrastructure. P leverages acquisitions like 1touch to enhance data discovery, classification, and semantic context, increasing its value proposition amid growing AI data bottlenecks. Despite industry memory shortages, P's robust demand and pricing power are reflected in raised FY27 guidance: revenue is now $4.41B-$4.51B and operating income is $820M-$860M. P trades at lower forward P/E, PEG, and EV/Sales ratios than peers, suggesting undervaluation and potential for multiple expansion as AI adoption accelerates. Read the full article on Seeking Alpha
STX
US$845.23
Seagate Technology Holdings
7D
13.1%
1Y
457.0%
SNDK
US$1,429.28
Sandisk
7D
30.4%
1Y
3,308.7%
SCKT
US$0.41
Socket Mobile
7D
-12.6%
1Y
-61.2%
IONQ
US$41.72
IonQ
7D
23.1%
1Y
-0.7%
Narrative Update • Aug 03

IONQ: Federal Quantum Policy And SkyWater Deal Will Shape Future Upside

IonQ's analyst price target has seen a modest reset of about $0.38 as analysts factor in updated expectations around revenue growth, profitability, future P/E assumptions, and the evolving quantum computing opportunity highlighted in recent sector research and new coverage initiations. Analyst Commentary Recent research on IonQ gives you a mixed picture that balances excitement about long term quantum computing potential with clear execution and valuation questions.
WLDS
US$3.16
Wearable Devices
7D
-17.5%
1Y
-79.4%
DBD
US$76.84
Diebold Nixdorf
7D
-15.3%
1Y
36.7%
FOXX
US$2.54
Foxx Development Holdings
7D
-1.5%
1Y
-62.6%
DELL
US$467.27
Dell Technologies
7D
19.2%
1Y
258.1%
WDC
US$548.62
Western Digital
7D
18.4%
1Y
623.4%
Narrative Update • Jul 28

WDC: AI Storage Supercycle Expectations Will Eventually Pressure Rich P/E

Western Digital's updated analyst price target moves from $226.76 to $415.00, reflecting analysts' focus on stronger assumed revenue growth, higher profit margins, and a lower future P/E multiple, supported by a broad series of recent target hikes tied to AI driven storage demand and firmer HDD pricing expectations. Analyst Commentary Recent Street research on Western Digital points to a generally constructive stance on AI related storage demand and hard disk drive pricing, but there are also clear pockets of caution that matter for valuation and execution risk.
NTAP
US$190.47
NetApp
7D
9.1%
1Y
86.7%
CAN
US$0.20
Canaan
7D
-16.4%
1Y
-69.3%
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.
EBON
US$1.87
Ebang International Holdings
7D
-11.2%
1Y
-53.4%