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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJul 27, 2026
DataAggregated Company Financials
Companies51
  • 7D0.7%
  • 3M25.5%
  • 1Y68.9%
  • YTDn/a

Last week, the Tech Hardware Storage and Peripherals industry hasn't moved much but Dell Technologies is up 10% in that time. As for the the longer term, the industry is up 69% over the past 12 months. 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
Mon, 27 Jul 2026US$5.6tUS$587.7bUS$138.3b41.9x40.8x9.6x
Wed, 24 Jun 2026US$5.4tUS$587.7bUS$138.0b45x39.1x9.2x
Fri, 22 May 2026US$5.1tUS$584.2bUS$136.5b43.6x37.5x8.8x
Sun, 19 Apr 2026US$4.5tUS$556.1bUS$122.6b32x36.6x8.1x
Tue, 17 Mar 2026US$4.1tUS$556.1bUS$122.6b23.4x33.1x7.3x
Thu, 12 Feb 2026US$4.4tUS$552.8bUS$121.6b28.9x36.2x8x
Sat, 10 Jan 2026US$4.0tUS$514.0bUS$111.8b26.4x36.1x7.9x
Mon, 08 Dec 2025US$4.3tUS$514.1bUS$111.9b26.1x38.8x8.4x
Wed, 05 Nov 2025US$4.2tUS$513.1bUS$114.4b23.4x36.8x8.2x
Fri, 03 Oct 2025US$4.0tUS$504.4bUS$100.3b28.5x39.9x7.9x
Sun, 31 Aug 2025US$3.6tUS$502.9bUS$100.5b21.6x35.9x7.2x
Tue, 29 Jul 2025US$3.3tUS$500.2bUS$98.6b20x34x6.7x
Thu, 26 Jun 2025US$3.1tUS$500.2bUS$98.5b18.2x31.8x6.3x
Sat, 24 May 2025US$3.1tUS$499.7bUS$99.9b16.5x31.4x6.3x
Mon, 21 Apr 2025US$3.1tUS$494.0bUS$101.2b11.7x30.2x6.2x
Wed, 19 Mar 2025US$3.3tUS$494.0bUS$101.2b15.6x32.9x6.7x
Fri, 14 Feb 2025US$3.7tUS$479.7bUS$100.5b20.8x36.7x7.7x
Sun, 12 Jan 2025US$3.7tUS$473.9bUS$97.2b23.2x38.2x7.8x
Tue, 10 Dec 2024US$3.8tUS$473.9bUS$97.2b22.5x39.3x8x
Thu, 07 Nov 2024US$3.5tUS$472.6bUS$98.6b16.3x35.4x7.4x
Sat, 05 Oct 2024US$3.6tUS$466.0bUS$106.7b17.9x33.3x7.6x
Mon, 02 Sep 2024US$3.6tUS$465.4bUS$106.6b21.7x33.8x7.7x
Wed, 31 Jul 2024US$3.5tUS$456.9bUS$103.3b25.6x33.8x7.6x
Fri, 28 Jun 2024US$3.4tUS$457.1bUS$103.3b26.9x33.2x7.5x
Sun, 26 May 2024US$3.1tUS$456.7bUS$103.3b28.1x29.7x6.7x
Tue, 23 Apr 2024US$2.7tUS$457.8bUS$102.9b23.4x26x5.8x
Thu, 21 Mar 2024US$2.9tUS$457.8bUS$102.8b27.3x28.3x6.3x
Sat, 17 Feb 2024US$3.0tUS$458.7bUS$102.6b27.9x29x6.5x
Mon, 15 Jan 2024US$3.0tUS$454.7bUS$98.6b27.7x30.2x6.5x
Wed, 13 Dec 2023US$3.1tUS$455.3bUS$98.5b26.3x31.7x6.9x
Fri, 10 Nov 2023US$2.9tUS$452.4bUS$97.0b20.8x30.2x6.5x
Sun, 08 Oct 2023US$2.9tUS$453.8bUS$95.1b23.9x30.1x6.3x
Tue, 05 Sep 2023US$3.1tUS$453.9bUS$95.1b23.3x32.1x6.7x
Thu, 03 Aug 2023US$3.1tUS$454.6bUS$94.7b32.3x33.2x6.9x
Price to Earnings Ratio

33.2x


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-1.05%
Tech0.063%
Tech Hardware0.69%
Tech Hardware Storage and Peripherals0.69%
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$333.022.0%
+US$94.4b		55.6%PE39.9x
DELL Dell TechnologiesUS$437.5014.6%
+US$35.9b		226.8%PE33.6x
WDC Western DigitalUS$519.806.6%
+US$11.2b		653.5%PE28.2x
STX Seagate Technology HoldingsUS$851.696.1%
+US$11.1b		466.1%PE81x
SNDK SandiskUS$1.44k3.3%
+US$6.8b		3,329.4%PE47.2x

Latest News

IONQ
US$32.84
IonQ
7D
-4.1%
1Y
-22.4%
STX
US$851.69
Seagate Technology Holdings
7D
6.1%
1Y
466.1%
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$47.69
Hewlett Packard Enterprise
7D
7.0%
1Y
128.4%
DELL
US$437.50
Dell Technologies
7D
14.6%
1Y
226.8%
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$14.02
GPGI
7D
-3.2%
1Y
-1.9%
SMCI
US$30.10
Super Micro Computer
7D
26.3%
1Y
-49.9%
QUBT
US$7.43
Quantum Computing
7D
-6.2%
1Y
-54.0%
Narrative Update • Jul 24

QUBT: NHanced Acquisition And Fab Expansion Will Drive Future Commercial Upside

Analysts have trimmed their fair value estimate for Quantum Computing from $23.67 to $18.33, as updated assumptions point to a higher discount rate, very large projected revenue growth, a much thinner profit margin, and a lower future P/E multiple. What’s in the News for Quantum Computing Quantum Computing Inc.
TBCH
US$12.04
Turtle Beach
7D
-7.2%
1Y
-18.4%
VTIX
US$2.64
Virtuix Holdings
7D
-5.4%
1Y
n/a
SNDK
US$1,436.56
Sandisk
7D
3.3%
1Y
3,329.4%
Narrative Update • Jul 24

SNDK: Long-Term AI Memory Contracts And Tight Supply Will Support Upside

Analysts have trimmed their Sandisk fair value estimate from $3,250 to $3,169, reflecting updated assumptions that combine stronger projected revenue growth with more moderate profit margins and slightly adjusted price targets following recent research updates. Analyst Commentary Street research on Sandisk currently leans constructive, with many bullish analysts pointing to tight memory conditions, AI related demand and revised long term contracts as key supports for the stock's valuation framework.
WDC
US$519.80
Western Digital
7D
6.6%
1Y
653.5%
INFQ
US$8.97
Infleqtion
7D
-0.9%
1Y
-11.7%
Narrative Update • Jul 22

INFQ: Quantum Sensing Contracts Will Support Future Neutral Atom Platform Upside

The analyst price target for Infleqtion is updated from $22.00 to $20.60. This reflects how analysts are balancing more conservative revenue growth and profit margin assumptions with supportive initiation coverage that highlights the company's position in quantum sensing and its broader neutral atom platform.
AAPL
US$333.02
Apple
7D
2.0%
1Y
55.6%
XRX
US$2.58
Xerox Holdings
7D
-1.1%
1Y
-56.6%
P
US$74.56
Everpure
7D
6.6%
1Y
25.5%
CAN
US$0.24
Canaan
7D
-10.8%
1Y
-67.7%
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.