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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedFeb 17, 2026
DataAggregated Company Financials
Companies48
  • 7D-6.2%
  • 3M-1.0%
  • 1Y10.2%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has dropped 6.2%, driven by Apple declining 6.5%. On the other hand Sandisk is actually up 16%. This takes the industry's 12 month performance to a gain of 10%. 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
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
Fri, 24 Feb 2023US$2.4tUS$460.0bUS$97.2b24.8x25.1x5.3x
Price to Earnings Ratio

25.1x


Total Market Cap: US$2.4tTotal Earnings: US$97.2bTotal Revenue: US$460.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 32.7x202420252026
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 32.7x.
  • 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 7.8% per year over the last three years.
  • Revenues for these companies have grown 6.3% 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-1.93%
Tech-3.29%
Tech Hardware-6.22%
Tech Hardware Storage and Peripherals-6.22%
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$626.5615.7%
+US$12.5b		1,228.9%PS10.4x
STX Seagate Technology HoldingsUS$425.997.5%
+US$6.5b		313.2%PE47.2x
WDC Western DigitalUS$281.587.2%
+US$6.4b		290.9%PE24.2x
DBD Diebold NixdorfUS$80.3011.4%
+US$239.8m		73.7%PE29.9x
CRSR Corsair GamingUS$6.7931.3%
+US$172.7m		-44.5%PS0.5x

Latest News

AAPL
US$255.78
Apple
7D
-6.5%
1Y
4.6%

The Privacy Fortress: Apple’s Lean AI Path and the $100 Billion Buyback Engine

Apple is the "anti-Amazon" of 2026. While the rest of Big Tech is in a capex arms race, Apple is being rewarded for fiscal restraint.
WDC
US$281.58
Western Digital
7D
7.2%
1Y
290.9%

WDC: Future AI Storage Demand And HDD Pricing May Support Upside

Analysts have lifted their implied fair value estimate for Western Digital to $440.00 per share. They cite updated assumptions that include higher revenue growth, stronger profit margins and a slightly lower discount rate, along with a P/E outlook broadly consistent with prior expectations and a series of recent price target increases across the Street.
DBD
US$80.30
Diebold Nixdorf
7D
11.4%
1Y
73.7%
NTAP
US$102.42
NetApp
7D
-3.0%
1Y
-15.0%
CRSR
US$6.79
Corsair Gaming
7D
31.3%
1Y
-44.5%
SMCI
US$30.54
Super Micro Computer
7D
-8.4%
1Y
-45.3%
HPQ
US$19.26
HP
7D
-2.8%
1Y
-43.7%

HPQ: Memory Costs Leadership Change And AI PCs Will Shape 2026 Outlook

Analysts have trimmed their HP Inc. price targets, with our fair value estimate moving from $21.17 to $18.00 as they factor in leadership changes, expected memory cost headwinds into 2026, and more conservative revenue growth assumptions, despite slightly firmer margin expectations and a lower future P/E multiple.
STX
US$425.99
Seagate Technology Holdings
7D
7.5%
1Y
313.2%
HPE
US$22.69
Hewlett Packard Enterprise
7D
-5.3%
1Y
4.2%
DELL
US$117.49
Dell Technologies
7D
-6.8%
1Y
-2.4%

DELL: AI Server Momentum Will Outweigh Memory Supercycle Margin Pressures

Narrative Update: Dell Technologies Analyst Price Target Shift The updated analyst fair value estimate for Dell Technologies has moved slightly higher to about US$197.87, with analysts citing a mix of trimmed revenue growth and profit margin assumptions, a modestly higher discount rate, and a higher future P/E expectation. This outlook is supported by recent research that highlights strong AI server positioning, alongside more cautious views on memory cost inflation and hardware demand.
IONQ
US$34.11
IonQ
7D
-3.1%
1Y
0.5%
SNDK
US$626.56
Sandisk
7D
15.7%
1Y
1,228.9%

News Flash: Analysts Just Made A Dazzling Upgrade To Their Sandisk Corporation (NASDAQ:SNDK) Forecasts

Feb 04
News Flash: Analysts Just Made A Dazzling Upgrade To Their Sandisk Corporation (NASDAQ:SNDK) Forecasts
PSTG
US$73.85
Pure Storage
7D
0.3%
1Y
7.2%

PSTG: AI Workloads And Buybacks Will Support Future Premium P E

Pure Storage’s updated analyst price targets, including JPMorgan’s move to $110 and Morgan Stanley’s to $90, reflect analysts’ view that AI-related demand and ongoing share gains can support the current premium P/E. At the same time, they are watching for broader customer adoption and reassessing growth and margin assumptions.
QUBT
US$8.47
Quantum Computing
7D
-5.5%
1Y
14.8%
BGIN
US$2.92
Bgin Blockchain
7D
0.5%
1Y
n/a

Bgin Blockchain IPOs Into A Bear Market

Nov 18